Shared Vision for Hobart's Macquarie Point project released

TASMANIAN State Growth Minister Matthew Groom last week described the release of the Shared Vision for the Macquarie Point development project as a major milestone in the progression of a once-in-a-lifetime opportunity for Hobart.

In a statement, Mr Groom said the Shared Vision is the result of substantial community and stakeholder consultation undertaken by the Macquarie Point Development Corporation. The Shared Vision aims to provide a reflection of the aspirations for the site and a guide as to what can be expected in the future.

The document outlines its vision for "a vibrant, liveable and sustainable place that optimises economic, social and environmental outcomes, complements its surrounds, enhances connectivity and offers a range of opportunities to live, work, invest and play."

Key objectives and outcomes include the creation of long-term economic, environmental and social benefits, including the promotion of inner city living and support for the tourism sector, as well as the promotion of innovative design and sustainability and the creation of a sense of place.

The Macquarie Point site, which is approximately 8.4 hectares, is currently used for a range of industrial purposes that are expected to be relocated over the coming year. Future development at the site is expected to be based on a number guiding principles, including a mix of uses, a focus on people and good connectivity with the broader Hobart environment.

"The redevelopment will deliver a wide range of different opportunities and we look forward to the Corporation next year beginning to seek proposals from stakeholders and developers with concepts for the site which fit with the Shared Vision," Mr Groom said.

"The release of the Shared Vision allows the Macquarie Point Development Corporation to start meaningful engagement with developers and investors, ahead of a land release strategy which is expected to be completed in mid-2015."

The Corporation is expected to deliver a Site Redevelopment Plan by the end of this year, and a remediation strategy in the first quarter of 2015.

More information is available from the Macquarie Point Development Corporation website at <http://www.macquariepoint.com/>.

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