The Government divested the parliament square site, which consisted of nine buildings, (10 Murray Street, 12 Murray Street, 34 Davey Street, 34 West Davey Street, the Red Brick Building, 36 Davey Street, 2 4 Salamanca Place, 6 Salamanca Place and part of the Parliamentary Annex). The sale of the site was subject to the Crown Lands Act 1976 (Crown Lands Act).
Completion of the entire parliament square redevelopment involved the demolition of a number of buildings in parliament square precinct, restoration and redevelopment of heritage buildings to create the first Australian Marriott Luxury Collection Hotel "The Tasman", the construction of office accommodation (Salamanca Building and Podium Office), provision of a public open plaza and commercial/retail spaces.
While all stages of the project have been completed, there are defects to be rectified by the Developer relating to the Salamanca Building, Podium Office and Plaza areas.
In accordance with the Development Agreement and the Crown Lands Act, the Land transferred from the Crown to the Developer (PSHL) on 15 December 2014. In addition to the Development Agreement, the Crown entered into leases at parliament square:
- Salamanca Building (commenced on 25 October 2017);
- Car Park (commenced on 19 March 2021); and
- Podium Office (commenced on 15 November 2021).
The parliament square site was resold and settled on 31 January 2022. The new owner, Spirit Super, advised that MTAA Superannuation Fund (Duquesne Light Holdings) Infrastructure Pty Ltd is the trustee and purchaser.
PSHL will continue to meet its obligations as Developer under the Development Agreement. This includes defect rectification.
The Crown's role on the site continues as head tenant of the office accommodation, along with an ongoing role of managing a restrictive covenant over the public open space (Plaza) to ensure that the Crown's continued interests are protected on site.
Planning Permit Amendments
The Parliament Square Planning Permit Act 2012 received Royal Assent on 6 December 2012. The Act validates the second planning permit (PLN-10-00495-01) that had been issued by the former planning authority for the redevelopment, the Sullivans Cove Waterfront Authority. The PSPPA was amended to allow further permits to be issued.
For the purposes of section 56 of the Land Use Planning and Approvals Act 1993, in relation to the planning permit, the Minister -
(a) is taken to be the planning authority; and
(b) may exercise the powers of a planning authority under that section.
The Minister approved minor amendments requested by the Citta Property Group Pty Ltd on: