THE West Australian government today called for Expressions of Interest to develop the four-hectare riverfront site between the WACA ground and the Causeway.
Planning Minister John Day said this was the first inner-city riverside development opportunity to be delivered to the market since East Perth Redevelopment Authority's (EPRA) Claisebrook Village development in the 1990s.
Mr Day said the site will be a "flagship" precent in the Riverside project being delivered by EPRA.
"Riverside will transform the eastern gateway into the city and create a vibrant new inner city precinct and exciting tourist destination."
Mr Day said he expected strong interest from developers and investors, with Expressions of Interest open from July 28 until September 22.
Mr Day said the site has the "potential for a high-quality residential, retail, commercial and hotel development as well as new and enhanced public spaces, jetties and a waterway to connect new buildings with the river."
The site will accommodate about 400 dwellings and 11,400 square metres of retail and commercial space. The government estimates that the precinct will be home to 700 residents and 565 workers and attract more than 500,000 visitors a year.
The government said the planning framework – including the Riverside Master Plan, Scheme Amendment and precinct specific Design Guidelines – will provide direction on land use, building and design quality requirements for future development. The EPRA will be responsible for the determination of all planning applications for the development area.
The site forms part of the 40-hectare Riverside project that the government expects will attract more than $2.6 billion in private investment across state and privately-owned land.