Construction on Charles Darwin University CBD campus could begin as early as July
CONSTRUCTION of Charles Darwin University’s controversial $430 million CBD campus could begin as early as July
Northern Territory
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CONSTRUCTION on Charles Darwin University’s controversial $430 million CBD campus could begin as early as July.
A CDU spokeswoman said depending on the outcomes of the development application process, works could begin in the third quarter of this year.
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“We expect to submit our development application at the end of May,” she said.
“NAIF (Northern Australia Infrastructure Facility) is expected to address the final steps around CDU’s loan at its June board meeting.”
The campus, to be built on the Cavenagh St carpark purchased from the City of Darwin for $14.6 million, should be finished by 2024.
Expressions of interest for the main construction works opened in December and representatives from the Territory Government, City of Darwin and CDU evaluated the submissions and four companies were short-listed and have been invited to tender.
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Chamber of Commerce NT chief executive Greg Ireland said the campus would become a great asset.
Mr Ireland is confident CDU can navigate the challenges of the coronavirus pandemic during construction and use the campus to its full potential.
“I think the intended functionality of the facility to breathe life back into the CBD and deliver world-class facilities is a value-add for the Territory,” he said.
“I’d be really hopeful there can be resolution found and mechanisms in place to allow those students to get here and therefore be a part of it.”
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Real Estate Institute of the Northern Territory chief executive Quentin Kilian said the Top End needed to look at every opportunity to kickstart the economy.
“The simple fact with the economy is it’s in a fairly poor state anyway. If there’s the chance of reinvigorating it with an inner-city campus then that’s a project we need to be pushing ahead with,” he said. “If you’re going to hold back because of a poor economy I think that is a bad way of looking at business.”
Mr Kilian said the campus could give CBD commercial and residential landlords much-needed business.
“What it’ll do is create a need for student accommodation in the city which could be alleviated through converting of some of the commercial property,” he said.