THE $300million Sharks retail and unit development moved another step closer to approval following Monday’s endorsement by the Department of Planning and Infrasctructure.
The under-resourced Sharks Football Club, senior and junior players, staff and stadium will benefit from the flow-on effects of the proposed redevelopment. (see SPORT)
Sharks chairman Damian Irvine said the development would allow the club to move away from the traditional revenue streams of gaming.
‘‘We can plan for more recreational and retail activities, which cater to the broader community,’’ he said.
Mr Irvine said the club was ‘‘thrilled’’ with the Department of Planning’s endorsement.
‘‘It endorsed every aspect of the proposed development prepared by the club and development partners, Bluestone Capital Ventures, and recommended the project be approved by the Planning Assessment Commission,’’ he said.
‘‘It demonstrates the proposed new centre meets the huge under-supply of supermarket and convenience retail and diverse housing.’’
The proposed redevelopment has a new retail centre, including major supermarket and specialty retail premises, financial and convenience services, medical day surgery as well as a large health and leisure component within the club.
‘‘It will have tremendous community, social, employment and economic benefits,’’ Mr Irvine said.
‘‘It will provide an estimated 1500 new jobs during the construction and development of the centre and beyond, with employment created in the retail, leisure, medical, service, hospitality, commercial and maintenance sectors.’’
Mr Irvine said the proposed mixed residential estate would also promote much-needed housing diversity and affordability.
‘‘The Draft South Subregional Strategy identified that the shire needs approximately 10,100 new dwellings by 2031 to cater for the increased forecast population growth,’’ he said. ‘‘This new centre contributes as little as 6 percent of that total forecast.’’
Mr Irvine said the club’s extensive communications and information program drew 4813 public submissions, of which 56 percent were in support. A number of key issues were raised and addressed in the Preferred Project Report submission.