A 12-STOREY development has been approved for Scarborough foreshore.
Planning Minister Rita Saffioti today announced approval for the $19.5 million project on the corner of Brighton Road and The Esplanade, opposite The Wild Fig cafe.
Cape Bouvard Developments applied to the Metropolitan Redevelopment Authority earlier this year for the development, which will include 36 dwellings, some affordable housing and food and beverage tenancies.
“The combination of public and private investment in this well-loved community will see significant investment in one of Australia’s best tourist destinations for years to come, delivering new living, employment and entertainment opportunities for locals and visitors alike,” Ms Saffioti said.
She also announced a $50,000 grant to Scarborough Beach Association to support reactivation of the foreshore following the redevelopment works.
The association is launching activities this month to draw visitors back to the area, including the Carols at Scarborough on December 10 and weekly Scarborough Sunset Markets from December 14.
The Esplanade will reopen to traffic in both directions from Monday in time for the events.
“These funds build on the relief package for small businesses issued earlier this year,” Ms Saffioti said.
“Reopening The Esplanade is a major milestone towards completion of this project and has been a long-awaited change for local businesses and the community.”