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Some Q&A from Australand(Builder of Discovery Point) from reliable source. Shopping centre is planed to be built in 2011...It takes a while to see this area to be picked up.
Q. What is the current timetable for Stage 3 the shopping centre. I believe its currently still with council. Do you know when it will be voted on and once approved, how long after that does Australand hope to start construction ?.
A. As per the PDF sent out last week, the hope is (best case) to start work in October ie: drilling foundations etc, with the intent of going full into it from Jan next year and a completion date somewhere mid 2010 to early 2011.
Q. Stage 4 is also currently with council awaiting approval due to amendments to its plans. When do you expect council to vote on this issue ?, and how long after approval do you expect construction to start, and how long will construction take ?
A. Stage 4 only has a section 96 amendment to it for some cosmetic changes and a few changes to apartment layouts. No expectation on the approval for this but it isnt a big issue so it wont be a problem as Site 4 has already been approved, and this is only a small change.
Q. With Stage 3 being the bigger of the two stages, is it planned to stagger the construction of both Stages so that they are completed around the same time, or will they be built independently of each other. if so, when does Australand hope to have these stages completed by ?
A. The expectation is depending on the market, that in line with some rumours out there, Site 4 could possibly be built in conjunction with Site 3 and finish around the same time, if not sooner due to its small foot print compared to Site 3.
Q. When can residents of Discovery Point expect a more direct access to the railway station in relation to the construction of Stage 3 and 4 ?.
A. Once Brodie Spark Drive is linked up to the railway overpass, and both Stages are complete, then yes there will be a more direct access to the station. Unfortunately not before the end of construction of Site 3. There will be no underground access from the railway station to the Supermarket as the supermarket will be at ground level. As the car park is not a public car park as such for the railway station but only for the supermarket, no underground access to the car park can be expected either.
Q. You announced recently that the supermarket will be one of the bigger companies and not an ALDI as some people had speculated. Has any agreement been made yet with either Coles, or Woolworth's ?.
A. No agreements have been made, although Australand are actively seeking that at the moment. Basically Site 3 cannot get the financial go ahead without the backing of a major supermarket signing on. By years end Australand will most likely make an announcement of the successful supermarket chain. It will definitely only be a Woolworths, or Coles, and maybe possibly new upmarket Woolies spin off Thomas Dux http://thomasdux.com.au/home.html
Q. Earlier this year you advised residents that the pool facility in Greenbank would be shared with those in Stage 4 (watermark), and Stage 3 as none of these buildings have pool facilities. The residents at this meeting we not very happy and quite vocal in their opposition to the overcrowding that we expect will occur in the pool area of Greenbank. Documentation was sent to you by myself about the approval process of Stage 4 which states its recreation facilities were to be that of Stage 3 which at the time had a pool in it. Can you update Greenbank residents on this matter ie: Is it still Australands plan that residents of either stage 4 or stage 3, or both, will be using the pool and gym facilities in Greenbank ?.
A. Site 3 now has a Pool facility and Gymnasium facility for residents. Site 9 will also share those facilities. Site 4 will still have Greenbanks pool and gym usage, but the ratio of residents of a combined Site 3 and 9, compared to ours 1,2 and 4 is much larger. So its a small win in the sense, that we will still have to share a facilities with Site 4 (88 apartments), but we wont be sharing it with Site 3's twin towers which are 16 stories each in total. I guess its a satisfactory outcome.
Q When can residents expect further information on the hand over of the Heritage Buildings ?.
A. The hand over will take several month around 2 to 3, although it is expected that resident will be allowed access to the buildings in the next 4 weeks and maybe as soon as the next week or 2.
Q With the downturn in the property market and this project going very slowly now, does Australand have any new wish list projections of an expected completion for the entire site ?. Once Stage 3 and 4 are completed, what is the next site to be started, will it be Stage 5, if so, what is Stage 5 ?.
A. Australands current forward projections are a completion of the entire site by 2016/17. Stage 5 or the waterfront (facing the river) which are considered as the premier apartments of the development is again very much dependent on the market.
Some additional information to come out of the meeting that will effect us all is that with resident given access to the Heritage building (as early as this week), the park will also be permanently opened up for public access. All gates and barriers will be opened and removed and our park will be accessible to the general public. Tempe House, and Mt Olympus will continue as always intended to be closed off for use of residents only. The reason for this seems most likely because of the official opening by the Major of Magdalene Terrace which will be at 3pm this Wednesday 18June with a ribbon cutting ceremony. The park will then also be opened and so on. |
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