A run-down retail site in Vaughan St, Shepparton is to be redeveloped after a buyer for the site was found.By Darren Linton
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.
Police have released an image of a man they wish to speak to following an incident at SPC Ardmona in Shepparton, involving a package later found to be non-threatening.
Most people at the J C Lowe Oval left on Saturday evening talking about the game but not the result. Pigeon Coach Chris Kennedy summed up the feeling adequately when he said after the game; “it was a frustrating game, but my players weren’t responsible for the frustration.”
The move to extend the Tatura War Memorial area and honour Victoria Cross hero Robert Mactier with the erection of a statue in the Hogan St gardens named in his honour, continues.
A Kyabram man who struck a cyclist on Echuca-Moama bridge with a beer can thrown from the vehicle he was in was convicted and fined $400 in Moama Local Court on Wednesday.
A Rochester mother told a health forum about the devastating effect drugs have had on her family.
Over six hours of junior football is scheduled for Kyabram Recreation Reserve this Sunday.
Ten people were injured after Two Australian Light Armoured Vehicles (ASLAV) collided during a training course at the Puckapunyal Military Training Range in on Wednesday, May 22.
The Finley Apex Sports and Community Centre has secured a $500,000 grant from Regional Development Australia.
A purpose-built bike, equipped with amateur radio, will be on the O'Keefe Rail Trail tomorrow.
Cobram residents John Anderson and Ian Cobb will race down memory lane this weekend when they compete in the annual Historic Winton.
Deniliquin Fire and Rescue's open day has been hailed a success by captain Bill Muirhead.
The Department of Environment and Primary Industries (DEPI) is investigating incidents of abortion or still-births under the Lamb and Kid Mortality Surveillance Project.(LKSMP).
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