Salamanca Market | Tourism Tasmania | Richard Eastwood

Salamanca Market | Tourism Tasmania | Richard Eastwood

We are bringing you the highlights of some Tasmanian news to show that Hobart indeed has some developments going ahead and it is developing further as a city.

From Mercury Newspaper

Plan for $100m jewel in developer Ali Sultan’s crown with Salamanca multi-use space

Ali Sultan says he is ready to build his long-awaited Montpelier Retreat multi-use development at Salamanca.

THE transformation of Hobart’s CBD is getting a $100 million shot in the arm, with property developer Ali Sultan ready to start his “jewel in the crown” project.

Mr Sultan told the Mercury yesterday he was ready to build his long-awaited Montpelier Retreat multi-use development in Salamanca.

“I want to put my signature there. We are very close to going to have a chat with the Hobart City Council,’’ he said.

The revelation is a big boost for the city and local economy, which has been buoyed by news that work will start soon on the $100 million Myer Icon Complex and that a 250-room hotel will be built in Macquarie St.

Mr Sultan, who has built a number of carpark complexes around the city, said the project would be sympathetic to the area.

“With all of my projects, I don’t copy any other. I want them to complement the area,’’ he said. “We will have shops and restaurants but it will not be limited to just that. It will have a very open area with lan­d­scaping and it will respect every building in Salamanca.

“We respect all our neighbours and the public consultation process. We believe what we are going to deliver will be something that will please everyone.”

Sultan Holdings bought the former Hobart City Council-owned vacant site on the corner of Montpelier Retreat and Kirksway Place at auction for $3.6 million in October 2005.

A development application for the project was submitted in July 2008 and received approval, but an internal oversight meant the permit lapsed in 2011.

The previous application showed the development with has havingthree components – an underground public carpark, several storeys of commercial use including shops, restaurants, offices and a cinema complex, with a hotel and residential apartments on the upper levels.

Hobart company JAWS Architects is currently working alongside a Melbourne-based architecture firm to finalise the design.

Mr Sultan said there had been changes to the original design “but for the best”.

The carpark will be open 24 hours a day, seven days a week.

“We’re bleeding for parking in Salamanca,” he said.

“I told my designer to be very strong on security, to make everyone feel safe and have peace of mind.

“On Friday and Saturday nights, if you want to go and have dinner and drinks in Salamanca you can’t just leave your car on the street.” That is why when we’ve finished our project there will be a good number of parking and video security 24-hours, seven days a week.”

Sultan Holdings current $35 million project on the corner of Bathurst and Argyle streets is also quickly coming together, withall tenancies full.

It has also been a catalyst for a domino effect in the area.

Westpac bank will spend about $1 million opening a new branch in Sultan’s Wellington Centre development. This follows after GN Electrical moving into the ground floor of the incomplete Bathurst St building. ANZ is also relocating to Liverpool St.

Mr Sultan said he was very happy to see the Myer development up and running.

“All these things will complement each other,” he said. “A lot of things could be done to Hobart but we are looking very carefully at what we do and how we want to achieve it. Government can only do so much.

“It is up to us as business people to decide how we want to accommodate our visitors.

“I’m happy, pleased and confident we

[Hobart] are going forward.”