stage 1 - LAND RELEASE
8797m2 available land
Residential/ commercial development potential
Three individual building envelopes
Sullivans Cove Planning Scheme 1997
COMPETITIVE BID PROCESS NOW CLOSED
6 August - 2 October 2020
The Request for Expressions of Interest for The Escarpment is now closed.
The Macquarie Point Development Corporation will now be assessing applications with preferred submissions to be shortlisted prior to the next stage of the Competitive Bid Process commencing.
The Escarpment is the first in a multistage land release by the Corporation.
Its release presents an unprecedented opportunity to invest in one of the country’s most prized locations.
Presenting exceptional mixed use development potential, The Escarpment forms part of one the last remaining infill sites adjacent to a working port on the edge of a capital city.
The Escarpment comprises 8,797m2 of available land, with three building envelopes totalling 6,676m2. The site falls under the Sullivans Cove Planning Scheme 1997, administered by the City of Hobart and is zoned mixed use.
The overall development potential of Mac Point includes; commercial space, an exhibition venue, an arts and cultural precinct, accommodation, tourism infrastructure and a fifty per cent allocation for public open space.
You can access the REOI here.