Stockland's $1.8m commitment
STOCKLAND confirmed in convincing style yesterday that they were 110% behind the Fraser Coast.
The giant property group has only just taken over the former Centro shopping centre and is still a conservative 12 months away from building a second stage, yet they were prepared to write out a cheque to the Fraser Coast Regional Council for more than $1.8 million.
The cheque represents the infrastructure charges surrounding the proposed stage two project.
Stockland regional development manager Geoff East brought the cheque from Brisbane and also brought some comforting news for the area.
“We don't just buy and sell properties, we are a long haul company that buys, holds and manages. The message from head office on the Hervey Bay project is to get it happening ASAP.”
Stockland Hervey Bay Centre manager Paul Kelsey reaffirmed Mr East's comments saying that Stockland cement themselves in as part of the local community.
“We love and live our assets,” he said. It's expected that Stockland will start revealing who the key tenants of stage two will be as they lock them in over the coming months.