The Mayor of Kingborough, Cr Dean Winter, announced Traders In Purple Pty Ltd as the successful partner to deliver the Kingston Park project.
The partnership will result in a boost to the Kingborough economy of up to $300m over the next eight years, provide up to 360 residential tenancies and stimulate up to 1,000 new jobs.
The development includes a mix of low, medium, and high-density residential living, retirement living options including aged care. In addition, it will include commercial office space and a cinema complex, which rated high on what the community wanted to see within the development.
“Traders In Purple is a successful and well-credentialed developer, to have the company show interest and confidence to undertake such a major investment in the Kingborough municipality is particularly encouraging,” Cr Winter said.
“The private residential and commercial development alongside the Kingston CBD will be a catalyst to stimulate more private investment throughout central Kingston.
“We have managed to present a development that will complement our existing CBD businesses, which was something I was particularly keen to see. This will help activate our business district and support our retailers.
“As part of the overall project, Council is also committed to maintaining significant areas of public open space and a large playground, which we are currently seeking suggestions for from the community. With the activation of the Kingborough Community Hub, which is nearing completion, the Kingston Park precinct will have something for everyone to enjoy.”
Traders in Purple CEO, Mr Brett Robinson, said Traders In Purple is honoured to be selected to deliver Kingston Park, which is such an important development for regional southern Tasmania.
“Traders In Purple’s plan is to commence work on the project immediately and prepare detailed designs and development applications for the stage-one house and townhouse precinct. We will develop Kingston Park in several stages over the next seven to eight years. Our goal is to attract further public and private investment over the life of the project,” Mr Robinson said.
“Traders In Purple’s philosophy is to create developments that have a positive and enduring impact on the local community in iconic locations. As well as Kingston Park, this same philosophy equally applies to our other major developments in Evandale and Beauty Point in northern Tasmania.
“Traders in Purple is proud of its track-record of completing 100 per cent of their sixty successful projects in the Sutherland Shire, Illawarra, NSW and Moreton Bay QLD regions over nearly 30 years. We are really looking forward to bringing our expertise to Kingston Park, engaging with the community, and establishing a long and mutually productive partnership with Kingborough Council.
“This type of long-term commitment to major infrastructure projects by councils, the state government, and Traders In Purple will serve to boost Tasmania’s economy in a sustainable manner and offer skilled employment opportunities, training, and apprenticeships for the foreseeable future.
“Kingborough is one of the fastest growing areas in Tasmania. Kingston Park is critical to the region’s future economic and social sustainability. Kingborough Council’s vision will create a thriving central business district and provide quantifiable benefits, including local employment, reducing the need to travel out of the area to purchase goods and services, stimulating the local economy, encouraging greater social interaction, and enriching the local cultural activities,” Mr Robinson said.
For more information about the development stages and other news on Kingston Park, please visit www.kingstonparktas.com.au.
Below: concept plans for the proposed mixed-use development.