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ACTPLA get a break on section 63

By johnboy - 29 June 2009 5

Back in July last year we were horrified by ACTPLA’s failure to get all their conditions into the deed of agreement when selling off Section 63 in Civic.

The error meant that vastly more retail space than was wanted could have been built into the development.

ACTPLA have this day announced that, on the eve of going to court, the developer City West Property Holdings Pty Ltd has decided to accept the addendum retrospectively.

    Chief Planning Executive Neil Savery said the lessee’s agreement to rectify the deed meant that a potentially lengthy and expensive court process has been avoided.

    “I am pleased the lessee, who has worked co-operatively with ACTPLA, has agreed to rectify the deed which has resulted in the matter being resolved,” Mr Savery said.

It’s not a great time to be opening up more retail space anyway?

What’s Your opinion?


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5 Responses to
ACTPLA get a break on section 63
housebound 8:46 am 30 Jun 09

Unless the in wasn’t as clear cut as people here think, I suggest we watch and wait. Nobody gives up something ike this for nothing. The price of this handshake will eventually become apparant.

adam smith 11:06 pm 29 Jun 09

probably because 10,000m2 is enough to hold a very large supermarket plus other retail

sepi 9:21 pm 29 Jun 09

I wouldn’t have given in either – I wonder how they convinced them.

bd84 9:12 pm 29 Jun 09

If I was the developer I wouldn’t have accepted it, I think they would have won. Anyway, it would probably be very useful to have a reasonably sized supermarket and other shops on that side of the City, given the number of residential developments in the western part of the City. Though I’m sure Mr Savery wouldn’t want to be annoying QIC by allowing more retail close to their empire in the City.

Mr Evil 5:16 pm 29 Jun 09

“Chief Planning Executive Neil Savery said the lessee’s agreement to rectify the deed meant that a potentially lengthy and expensive court process has been avoided.

“I am pleased the lessee, who has worked co-operatively with ACTPLA, has agreed to rectify the deed which has resulted in the matter being resolved,” Mr Savery said.”

And Mr Savery gets to keep his job for another 12 months………..

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