The Canberra Raiders' proposed $80 million redevelopment of the Braddon Club is closer to realisation following the ACT government's approval of a crucial component of the plan.
Canberra District Rugby League Football Club Ltd, the club's parent company, wants to build a mixed residential-commercial project on the site consisting of 160 units, shops, restaurants and offices.
The plan hinged on the ACT government allowing the concessional status of the land to be removed.
This stipulated the area had to be used for a community club. The application has now been granted, which allows the club to go ahead with its plans for the site subject to the approval of a development application for the works.
But a request for a review of the government's decision could delay the company's million-dollar redevelopment.
The Braddon Club, which is located on land at the junction of Donaldson, Cooyong and Torrens streets, closed in June following the relocation of its 46 poker machines to the Canberra Raiders' Gungahlin venue.
Read more:
http://www.canberratimes.com.au/act-news/raiders-closer-to-redevelopment-20130829-2styl.html#ixzz2dS9zLUtN
Topic: Raiders closer to redevelopment
