A run-down retail site in Vaughan St, Shepparton is to be redeveloped after a buyer for the site was found.DARREN LINTON June 23, 2012 4:26am
The derelict Vaughan St retail site will be developed within a year, with its sale to a major developer expected to be announced early next week.
Greater Shepparton City Council yesterday confirmed a buyer had been found for the existing retail sites on the northern side of Vaughan St and the vacant 16
A formal announcement was originally set for late yesterday, but Lascorp Development Group is expected to be confirmed as the purchaser next week, ensuring that the original vision for the precinct will become a reality.
Shepparton Retail Investments had proposed a $22
The plan came unstuck when the company was placed into liquidation late last year.
In March, the liquidators put the properties on the market as two distinct lots, the occupied retail sites and the development site, but the hope was one developer would take on both and work with council, which is committed to the urban renewal of the precinct.
Lascorp, founded in 1972 by famed Melbourne retailer Myer Lansky, is one of the biggest developers of supermarket and supermarket-based shopping centres in Australia. The company has undertaken a similar town-centre project in Seville and has successfully completed major shopping complexes across Australia.
‘‘The Vaughan St site provides a vital piece to the puzzle for the Shepparton central business district retail plan, and future development of the site will contribute to the health of the central business district overall,’’ Mayor Michael Polan said.
‘‘The retail redevelopment, and council’s planned contemporary urban streetscape, will greatly improve the area’s attractiveness to visitors and residents.’’
The streetscaping includes changes to parking, improvements in pedestrian access, provision of public spaces, bike racks and improved lighting.
‘‘The redevelopment of the retail area and the streetscaping are the first step in providing an important link between Shepparton’s travel hubs and the CBD, linking the railway precinct to the mall,’’ Cr Polan said.
When Sam Atukorala addresses his children in his mother tongue of Sinhalese, they understand him completely, but they always reply in English.
Mulwala’s own motor racing sensation Steve ‘Harro’ Harrison has won the 2014 Victorian Super Tin Tops Championship.
St Augustines College, Kyabram, has won the inaugural School’s Sustainability Cup for 2014, beating several Melbourne schools.
The Shire of Campaspe is concerned as to the incomplete reporting of Port of Echuca property matters.
Four people, including a father and his two children, were fined more than $18,000 for their role in an alcohol-fuelled brawl at a Lockington party earlier this year which ended in a teenager beaten up and forced into a dog cage.
New faces for Girgarre FNC
A time to include late loved ones in the spirit of the season.
Firefighters were able to save a Finley property's buildings after a large stack of hay bales went up in flames on Monday.
Eppalock Primary School has gone global.
Scout Group hopes to raise funds for World Scout Jamboree through novel 24-hour endurance test.
Forest tour only way to understand impact.
Fodder depots have been set up in Euroa and Thoona for farmers hit by the recent fires.
The rail tracks are in such disrepear V/Line is having to close the buffet car between Euroa and Seymour due to health and safety concerns to hospitality staff.
Discover unbelievable local deals from local businesses every week in the Goulburn and Murray Valley area with Leapon.com.au!
Search properties for sale or rent across North Central Victoria and Southern NSW. Visit your local website for local homes....
Search for published and unpublished photos from McPherson Media Group newspapers and magazines. All our photos are available to purchase.
Place an advertisement in any one of McPherson Media Group's local newspapers.