The ACT government last year relocated public housing tenants at Stuart Flats, as it prepared to sell the site as part of its urban renewal agenda. The 1959-built units have since fallen into a state of disrepair and become a target for vandals.
Demolition works at the site are scheduled to start by the middle of the year.
Morris Property Group development manager Geordie Edwards said those works would pave the way for a development which would reinvigorate the area.
“We see this as a strong urban renewal project,” Mr Edwards said.
“Currently the site has dilapidated buildings, which is uncontributing to the Manuka retail precinct. We see this development as transformative as it’s going to open up the eastern side of the commercial precinct, bring a number of new residents to the area that will enhance and create a vibrant retail space.”
Mr Edwards said the childcare centre and medical facility would cater to growing demand for the services from young families and retirees.
Source: The Canberra Times