The Weekly Real Estate From Coast to Country, July 11, 2024

Page 1


Real Estate Estate

Concept approval for Tweed Mall redevelopment

THE NORTHERN Regional Planning

Panel has given concept approval to the Elanor Investment Group (EIG) for the $900 million masterplan for the redevelopment of Tweed Mall. The masterplan includes 13 new buildings of up to 15 storeys which will include 1,400 townhouses and apartments.

The plan includes 45,000 square metres of retail space including the three supermarkets already in Tweed Mall, a fresh food market and food and beverage outlets, a 52-room hotel, 14,000 square metres of office space, a medical centre, a cinema complex, a childcare centre for up to 200 children, a wellness centre and gymnasium.

The deferred commencement consent is subject to a number of conditions and amendments with further information to be provided within two years, and if the development has not commenced within five years, the approval will lapse.

“The conditions set out extensive information that has to be provided for each DA submitted which will again go out for public consultation, so it will be of paramount importance the significant outstanding issues

are properly addressed,” Tweed District Residents and Ratepayers Association president Lindy Smith said.

Elanor’s Head of Retail, Development and Mixed-Use, Matt Healy, said the masterplan “embodies a forward-thinking vision to create a sustainable mixed-use town centre that meets the growing demand for housing and aligns with modern consumer preferences for integrated living, working, and

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leisure spaces.

“This vibrant triple-supermarket anchored, integrated town centre will act as a gateway to Tweed Heads.

“This approved masterplan is a pivotal opportunity to redefine the future of Tweed Heads, celebrating its rich diversity and history.”

Mr Healy said the development will feature “world-class retail, food and beverage outlets, commercial spaces, entertainment venues,

tourism attractions, and residential developments.”

Local residents agree more housing is needed, but some have expressed serious concerns with overshadowing, wind tunnelling, insufficient car parking and traffic for the “ten to 15 year construction period and noise, dust and vibration impacts on surrounding residents.”

Mr Healy told The Weekly that the masterplan was modified to take into account feedback after “extensive

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consultation” with Tweed Shire Council and the state governmentappointed architect.

He said modifications to the original design and built form include to traffic circulation and movements, car parking configuration setbacks, heights and floor space ratios of the individual residential towers, including the downsizing of the proposed scale, extensive additional initiatives in “ecologically sustainable design” including incorporating a “green heart” into the development and “significant additions and improvements to environmental advancements in energy, water, stormwater and waste.”

“We believe this will act as a transformational development for the area and act as a catalyst for a revitalisation of the entire Tweed Heads region,” he said.

“Tweed Mall is well located to accommodate the proposed scale of the development.

“A significant amount of work has been completed from a traffic perspective that has confirmed that the site and surrounding area is well positioned to accommodate the proposed scale of the development.”

EGI says the redevelopment will generate over 550 construction jobs annually, and support over 3,000 ongoing jobs on completion.

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The Tweed Mall redevelopment is one step closer to approval

4 Mitchell Street, Uki

Scan QR for more details and open home times.

Wendy Rosenbaum

Licensee-in-Charge MANA Murwillumbah

0437 709 993

wendy@manare.au

237 Tweed Valley Way, South Murwillumbah

Scan QR for more details and open home times.

Wendy Rosenbaum

Licensee-in-Charge MANA Murwillumbah

0437 709 993

wendy@manare.au

Coast to country, we’ve got you covered. manare.au

142 Bakers Road, Dunbible

Scan QR for more details and open home times.

Wendy Rosenbaum 0437 709 993 wendy@manare.au

Licensee-in-Charge MANA Murwillumbah

6 Central Park Lane, Casuarina

Scan QR for more details and open home times.

Wendy Rosenbaum

Licensee-in-Charge MANA Murwillumbah

0437 709 993

wendy@manare.au

MANA Murwillumbah (02) 6672 4477 manare.au

MANA Ocean Shores (02) 6680 5000 manare.au

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