A detailed review of the site would help safeguard numerous heritage assets and set clear parameters for development.
Initial studies suggest that the site may have capacity for 350 residential units with approximately 3000 -3500 sq m marine/light industrial employment space and approximately 6000 sq m office space.
Funding is being sought from One Public Estate for key aspects of this work and the Defence Infrastructure Organisation (DIO) have indicated they would be willing to provide additional funding towards this work.
The project will provide certainty to developers, increasing the likelihood of realising the benefits of investment and delivering on the housing and employment space potential.