THE Northern Territory Government this week announced plans for an 18-storey mixed-use development for the Palmerston 'superblock' site, following an expression of interest process that called for development proposals to help revitalise the Palmerston city area.
Prominent long-time Darwin developers, the Randazzo and La Pira families have joined forces and put forward the $200 million 'Boulevard Plaza' proposal for the 6,060 square metre government-owned site.
An application is expected to be lodged with the Development Consent Authority early next year for the project, with construction due to start later in 2015. The complex, which will be Palmerston's tallest building, will be built in stages over several years.
Minister for Lands, Planning and the Environment Peter Chandler said Boulevard Plaza will modernise and activate Palmerston's CBD by providing 225 apartments, 185 hotel rooms and having street level access to over 10,000 square metres of retail and hospitality space.
The Boulevard Plaza has been designed by local architects Jackman Gooden to be energy efficient and suit the tropical climate, with extensive use of screens, shading and landscaping.
"What's becoming clear is that Territorians want more choice with their housing options. Apartments in Darwin are being snapped up at record rates and smaller blocks of land are becoming more attractive to home buyers," Mr Chandler said.
"Living and working in the city has many economic and environmental advantages with less of a reliance on vehicles to commute to work, shops or social events.
"This development is also located a short walk from the Palmerston Interchange for those commuting to Darwin or the Northern Suburbs."
The Randazzo and Lapira families have been involved with many developments well known to the Palmerston community including the Palmerston Shopping Centre, Highway House and the Goyder Building.