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Old Treasury interest

MORE than 70 developers and hotel operators have expressed an interest in taking charge of the Old Treasury Buildings after state government calls for expressions of interest. Representatives from India, Singapore, China and Europe, as well as local and interstate identities attended an industry briefing by the state government last week. The government has called on the private sector to redevelop the landmark site next to the Town Hall, with preference given to projects that include either a luxury five- or six-star hotel or a mixed-use development consisting of a hotel and offices or a hotel with a residential component. Developers will also need to integrate the heritage aspects of the building. It was expected the government would provide further guidance on what size it preferred the development to take. Developers have until August 23 to lodge their proposals. Housing and Works Minister Michelle Roberts said it was time to bring people, and life, back into the Old Treasury Buildings. “It is expected this type of development will be similar to highly successful developments in four other capital cities: Sydney’s Customs House, Brisbane’s Treasury Building, the Melbourne GPO Building and the Adelaide Treasury Building,” she said.

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