Monday, 1 September 2008

Parramatta. CBD property bought for $1.5m

Parramatta City Council has completed the purchase, at a cost of $1.5 million, of a two-storey retail building, on a 139.1-square metre site, at 18 Darcy Street, which will form part of council’s proposed $1.4 billion Civic Place redevelopment. Appeals by two property owners, R&R Fazzolari Pty Ltd and Mac's Pty Ltd, against Court of Appeal a decision granting compulsory acquisition of several properties, have been granted by the High Court.


Liverpool. New LEP to revitalise CBD

The NSW Government has approved a new local environmental plan (LEP) for the entire Liverpool local government area (LGA) that would consolidate its status as one of Sydney’s major ‘regional cities’, said Planning Minister Frank Sartor. “This comprehensive plan continues the work of revitalising the Liverpool CBD. It preserves a commercial core area in the CBD for future business, office and retail growth as well as appropriately expanding local and neighbourhood centres,” he said. The LEP establishes the planning framework to deliver an additional 35,000 jobs and 20,000 new homes within the LGA.


Sydney Olympic Park. New $19m hotel opens

The $19 million Formule 1, 2-star, 156-room budget hotel has opened at Sydney Olympic Park. It is next to ANZ Stadium and close to Acer Arena, the Sydney Showgrounds and Sydney Olympic Park’s town centre. The hotel would complement Sydney Olympic Park’s existing accommodation options including Accor’s Novotel Hotel and Hotel Ibis and the soon-to-be opened Pullman Hotel, Greater Sydney’s, first 5-star hotel, Accor Vice President Australia, Simon McGrath said. The new hotel would bring the total number of rooms operated by Accor within the precinct to 689. Each year, Sydney Olympic Park hosts more than 4000 sports, entertainment and business events.

Parramatta. Print industry has ISO standard

The Australian print industry launched its own ISO print standard, at the Sebel Parramatta. Print joins car manufacturing, paint, building and other industries in accepting a standard. "We must adopt a standard. While our print quality is very high compared with other countries, we have not been able to validate it. We are about four years behind Europe in accepting a standard. Working to a print standard enables cost savings to be made, as well as repeatability and reliability of jobs for clients. This standard is your pathway to world quality," Robert Fuller, national chairman, of AU/TC 130.