Chamber supports Tesrol proposal
The Peninsula Chamber of Commerce has backed the proposed Tesrol development planned for Ettalong Beach following the advertising of the Part 3A application by the NSW Department of Planning.
Peninsula Chamber president Mr Matthew Wales said the development was critical for Ettalong Beach.
"The development comes at an ideal time and offers a new level of building design and architectural standard," Mr Wales said.
"Tesrol are proposing a staged redevelopment of old waterslide site on the corner of Memorial Ave and The Esplanade.
"The first stage consists of 512 metres square of retail space and 45 apartments over seven levels with basement parking for 81 cars.
"The second two level stage includes another 338 metres square of retail, 571 metres square commercial office and parking for a further 12 cars.
"Public domain improvements include the creation of a new mid block public laneway from the rear of the Rocks Arcade through to The Esplanade.
"This is a key site and deserves a building of high quality.
"We think that Tesrol has delivered an exciting result that will act as a much needed catalyst for the Ettalong Beach town centre.
"It has taken years for the project to get to this stage and we certainly encourage the Department of Planning to complete its assessment quickly and give the project the nod."
The current proposal was lodged with the NSW Department of Planning under Part 3A of the Environmental Planning and Assessment Act and is classified as a major project.
"Being a key site on the Ettalong beach front, we can appreciate the highly sensitive nature of the application," Mr Wales said.
"However, the proposed design with is stepped facades and generous forecourt areas is exactly what the town needs to activate the precinct.
"The proposal is accompanied by a detailed Urban Design and Massing Strategy prepared for the wider Ettalong Beach retail precinct which demonstrates the synergies of the proposal within the overall context of the town and its immediate surroundings.
"In order for Ettalong Beach to compete in the tourism and visitor market, the town desperately needs development of this standard with its mix of uses and high level of architectural finish."
Press release, 5 May 2010
Matthew Wales, Peninsula Chamber of Commerce