All go for Mt Sheridan Plaza upgrade in December 2009
David Sexton, Tuesday, December 15, 2009 © The Cairns Post
CONSTRUCTION on the $65 million Mt Sheridan Plaza extension is set to begin mid next year after rival centre operator Stockland dropped legal action to stop the project. Stockland, which runs a shopping centre at Earlville, unsuccessfully fought the case in the Planning and Environment and the Supreme courts of Queensland.
Following a recent setback in the Supreme Court, a Stockland spokesman said they made “a commercial decision” not to lodge further appeals.
The expansion, originally approved by the then Cairns City Council in late 2007, has been blocked for almost two years while the case was played out before the courts. Mt Sheridan Plaza is owned by the Green Group of companies which bought it from Mirvac.
Company director Shaun Green said the redevelopment was set to start about mid-2010 and was “well overdue”. “For too long the southern growth corridor of Cairns has been badly under-serviced and this now gives the local residents a more convenient shopping option,” he said. “We are excited about the expansion and redevelopment and have the full resources of our company behind it. With Stockland’s withdrawal we are now free to move quickly to see it come to fruition.”
Mr Green said the expansion would almost triple the size of the centre and would include a K mart, Woolworths, food court and about 35 new stores. “We are on track to have a final detailed design completed by April next year, with construction to commence by mid year,” he said. “With an anticipated construction cost in excess of $40 million it should be a great boost to the local construction industry.”
Southside councillor Rob Pyne said he was pleased to see the issue finally resolved. “I’m certainly happy about it. The population growth on the southside is more than able to support this redevelopment,” Cr Pyne said. “A lot of tradespeople live on the southside so hopefully there will be some local jobs for them during construction.”