Note: the following article was published on 23 November 2023.
The City Centre will be transformed by a future development to be built on the corner of London Circuit and Northbourne Avenue.
The ACT Government’s City Renewal Authority has sold the surface carpark opposite the Melbourne Building to the Capital Property Group, who will build a high-quality mixed-use development.
Read the full article for more details on the land sale.
2 November 2023
A new office and retail development will position thousands of workers and visitors in the City Centre following the City Renewal Authority’s sale of a vacant land for $17.75 million.
The 2743sqm block was purchased by Capital Property Group, who will deliver a high quality building featuring about 14,000sqm of office and retail space with outstanding sustainability qualities.
It’s part of the Authority’s long-term vision for a thriving City Centre through the delivery of stunning architecture, economic impact and a social connection.
Read more details on the land release.
26 October 2023
In late 2020, the Commonwealth Government invited EOIs for future leased accommodation in Canberra’s City Centre.
Subsequently, the Authority sought and received Government approval to release Block 40, Section 100 City to allow potential developers to participate in the Commonwealth’s EOI for City Centre accommodation.
The Authority undertook a two-stage process to identify suitable developers to participate in the Commonwealth’s process. The Commonwealth shortlisted several of these developers and the Territory subsequently invited them to submit tenders for the site.
The Territory issued several conditional contracts to prospective developers and in 2022 the Commonwealth announced that one of these developers was their preferred tenderer for their office accommodation.
In August 2023, we learnt that the Commonwealth and their preferred tenderer, Walker Corporation, terminated their agreement for leased office accommodation.
At that time, the Authority shared publicly that we had a number of conditional land-sale contracts for sale with prospective developers.
The Authority has since been advised that the Commonwealth's process is closed.
All previously-issued contracts remain valid until late December 2023 and the Authority is taking steps to complete the process.
22 June 2023
A new land release by the ACT Government’s City Renewal Authority will position hundreds of workers and visitors in the world-class cultural district planned for the City Centre.
Read the article on the release of Block 40 Section 19 City.
4 May 2023
A milestone land release from the ACT Government’s City Renewal Authority will re-shape the City Centre, creating a mixed-use precinct that supports pedestrian connections with the lake.
Read the article on the release of Block 1 Section 121 City.
30 September 2022
The Authority is in the process of completing the land sale for Block 40, Section 100 City. This site was first advertised for sale in February 2021.
This land is a prominent gateway site, currently used as a surface car park at the corner of Northbourne Avenue and London Circuit, next to the law courts and across from the Melbourne Building.
Following a multi-stage process, the Commonwealth Government has today announced they have selected a preferred tenderer for future leased office accommodation for the Department of Employment and Workplace Relations and the Australian Electoral Commission on the land. We are now working with the preferred tenderer to complete the land sale.
This is a once-in-a-decade opportunity to accelerate our City Centre's renewal with a sustainable, high-quality development that will locate thousands more workers adjacent to the City Centre's cultural, retail and hospitality offerings.
We are pleased to cooperate with the Commonwealth and their preferred tenderer on this opportunity and look forward to completing this sale in the coming months.
We acknowledge the Ngunnawal people as traditional custodians of the ACT and recognise any other people or families with connection to the lands of the ACT and region. We acknowledge and respect their continuing culture and the contribution they make to the life of this city and this region.