Developer sought for former chem labs site in WA

06/06/2014 8:58 pm

Chem Labs

  • New mixed-use development site on Hay Street goes to market
  • Government vision for contemporary urban precinct for East Perth
  • Riverside project continues to transform Perth’s eastern gateway

A prime site in the Western Australian State Government's Riverside project has gone on the market with expressions of interest sought for a new development to incorporate apartments, shops and local amenities in one complex.

Planning Minister John Day said the 5,335sqm site on the corner of Hay and Plain streets presented a great opportunity for a developer to join the State Government, Lend Lease and Frasers Property Australia in transforming the city’s eastern gateway.

“With potential for retail, residential and commercial accommodation ranging from four to 16-storeys, development of this site - Lot 101 Hay Street - will ensure the new East Perth community has adequate access to a variety of shops and essential services close to where they live,” Mr Day said.

 Fact File

  • Bordered by the Swan River, Plain Street, Adelaide Terrace and Waterloo Crescent, Riverside is a 40ha redevelopment project that is also home to some of the city’s key attractions including Queens Gardens, the WACA and Gloucester Park
  • When complete, the project is expected to attract $2billion in investment and bring 7,000 new residents and 6,000 workers into East Perth
  • Expressions of interest for Lot 101 Hay Street close on July 10, 2014.  More information about the Riverside project is at http://www.mra.wa.gov.au

http://rca.joneslanglasalle.com.au/property-land+development-wa-east+perth-501153099