A $16.7 million price tag has been placed on a major mixed use development including 30 residential apartments on the former Hungry Jacks site in central Albury.
Barker Constructions have submitted a development application to Albury Council for approval this week for the project which also includes offices and retail tenancies.
Plans were released for the six-storey development two months ago, but submission of the development application is a major step forward in realising one of the biggest residential projects in central Albury on the corner of Hume and David streets.
Subject to planning approval, the former Hungry Jacks fast food restaurant will be demolished and replaced by six one-bed, 12 two-bed and 12 three-bed units.
The development is within the 35-metre height limit allowed on the site with planning consultants, MacroPlanDimasi, confident it is also respectful to the surrounding context including the heritage-listed Haberfields House on the opposite side of Hume Street.
Developer Travis Barker said he hoped planning approval could be obtained from council early next year and a start made mid-year.
“We hope the council and the community embrace what we are trying to achieve here,” he said.
“We also want to be creating jobs in the local trades industry when construction does get underway.
“We’ve obviously got to get some pre-sales happening, but we think we’ve made some progress in that area after putting the plans out into the market-place a couple of months ago.”
Public feedback on the proposal will close before Christmas.
Retirees, downsizers, young couples and first-home buyers are being targeted for the residential component of the development.
The building has been designed by architects Edmiston Jones.
The site was the scene of a major fire at the Hungry Jacks restaurant in January 2010 before being re-built and re-opened in less than a year.
Earlier this year, Albury Council approved a $6.38 million development application for 14 two-storey townhouses, a single-storey townhouse, two shop-top units and a commercial premises between Kiewa and Townsend streets.
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