The evolution of John Street as a destination for retail, dining, recreation and specialised services is continuing, with expressions of interest sought for the possible commercial uses and transformation of a landmark site.
Singleton Council has invited expressions of interest for the purchase and redevelopment or lease and redevelopment of the former new car showroom at 189-195 John Street, Singleton, with a view to:
The site is opposite Riverside Park, which is under construction on a former caryard and due for completion by the end of the year, and leased to an electrical business. The Expression of Interest process will not affect the terms of the lease currently in place.
General Manager Jason Linnane said Council purchased the land in 2015 because of its strategic location on John Street and potential for commercial redevelopment to be a catalyst for further commercial investment.
He said the proximity of the site to a brand new, state-of-the-art destination park would increase its appeal to potential buyers and developers.
“The significant investment already in John Street, with plans for more to come subject to funding as part of the Town Centre Upgrade, and a major project to deliver a family-friendly recreation space in the heart of the CBD has transformed the way locals and visitors alike view Singleton,” Mr Linnane said.
“It was always Council’s intention that 189-195 John Street would be part of the renewal of the Town Centre.
“With Riverside Park nearing completion, now is an opportune time to invite proposals for how the site could be used to enhance interest from investors and continue to build on the area’s appeal for shopping, eating out and recreation.
“Council showed terrific foresight to purchase the site when it became available in 2015, and it now offers a tangible opportunity to deliver on that investment not only through the proceeds of a sale or lease, but for the economic benefit of Singleton.
“I’m really looking forward to seeing what proposals are put forward for how that site could be used and what new developments we may be seeing in the Town Centre soon.”
Expressions of Interest close on 27 August 2018.