Parcels of land at Macquarie Point to be put on the market as early as April

It has been revealed when investors and developers will likely be able to snap up a slice of the Macquarie Point precinct, with work on the site progressing “quickly and efficiently”.

PARCELS of land at Macquarie Point could be offered for sale as early as April, the group behind the site’s activation says.

The final stages of remediation has started for the remaining area of the escarpment, the first parcel of land that will be put on the market for permanent development.

It comes after last year’s endorsement by the Tasmanian Planning Commission of a revised masterplan for the 9ha site.

Macquarie Point Development Corporation chief executive Mary Massina said work had progressed rapidly.

Minister for State Growth Michael Ferguson at Macquarie Point with Macquarie Point Development CEO Mary Massina. Picture: LUKE BOWDEN

“It’s pleasing to see the work progress quickly and efficiently with the next stage to include the removal of the concrete batching plant and the re-exposing of the escarpment which was originally quarried in the 1870s,’’ she said.

“This material would have been used in the formative years of Hobart’s CBD on various construction sites, and re-exposing the rock-face gives us a glimpse into the past.”

MACQUARIE POINT DEVELOPERS MUST TAKE US ON THE JOURNEY

Ms Massina said the corporation had reused materials where possible.

“The team has been able to reuse some onsite material as fill – crushing concrete from the removal of part of the batching plant to backfill excavated parts of the site – saving money on the importation of quarried soil,’’ she said.

“It’s a great initiative and helps the corporation contribute to a more cost effective and environmentally conscious way of remediating the site.

“In addition to these works, around 2000 tonnes of soil will be removed and tested before being disposed of at the Copping Waste Transfer Station.”

The corporation said once remediation work was complete, work would begin on the construction of the road which will give greater access to the site.

About 25 jobs have been created during the remediation work, the corporation said.

In June last year, the Hobart City Council voted unanimously to support the new masterplan.

The Government had asked the corporation in 2016 to reset its vision for the site.