Rotto negotiations nearing completion

NEGOTIATIONS between the Rottnest Island Authority and the Broadwater Hotels consortium over its $50 million hotel development could be finalised by the end of this week.The two parties are locked in final negotiations over a number of commercial issues, the details of which neither party would divulge. The consortium, which includes First Acuity Management Enterprises, Humfrey Land Developments, Jones Coulter Young Architects, Ningaloo Reef Retreat and WA Developments, was selected as the preferred tenderer to develop a 120-room hotel on the site in January 2007. The developers received site clearances in May this year following an extensive public comment and consultation period and environmental approvals process. Broadwater CEO Scott Cogar said the process had been a challenging one, and while he remained positive about the outcome, there were no guarantees. Rottnest Island Authority chairman Laurie O’Meara said he hoped to have negotiations finalised by Friday. The Broadwater development is the largest capital investment by private business on the island. Other projects include the $3 million upgrade of the Quokka Arms and the relocation of the Dome cafe.

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