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Southbank sold out by Planning Minister
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Business in Southbank

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Power Street – Southbank
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A sincere thank you
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Deal on park imminent

09 Mar 2017

Deal on park imminent Image

The Southbank community will soon know more about its future public park at the Boyd Community Hub.

Southbank Local News understands that the City of Melbourne has set a date of March 31 for developer Cairo Melbourne Pty Ltd to sign a contract for the purchase of the land.

It’s also understood that council plans to commence development of the park this year, regardless of whether the developer signs the contract or not.

While it’s expected that the sale of the land will go ahead, council would reevaluate whether or not to put the site back to the open market should Cairo fail to put pen to paper by the end of March.

Having originally torn up its contract with developer Mackie in May last year, the council controversially announced that it had reentered into an agreement with the same developer, which is now operating under the name Cairo.

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