Interest sought for major Albury property

7 MARCH 2011

Expressions of interest have been called for developers, contractors, investors, joint venture partners and development planners to participate in the disposal of a major slice of CSU's former campus site in central Albury.

Expressions of interest have been called for developers, contractors, investors, joint venture partners and development planners to participate in the disposal of a major slice of Charles Sturt University’s (CSU) former campus site in central Albury.
 
Advertisements appeared in major local and national papers last weekend calling for parties to register their interest and receive a formal information package.
 
Mr Stephen Butt, Executive Director of the University’s Division of Buildings and Facilities Management, said the relocation of CSU from its Albury site to Thurgoona and the subsequent disposal of the central Albury campus allow the University to leave a lasting legacy to the city of Albury.
 
“Charles Sturt University aims to provide an area that is consistent with cultural heritage values of the site and provide opportunities for the development of a vibrant inner city precinct,” Mr Butt said.
 
“This is a complex process that has included carefully considered negotiations and planning for the past three years. At its meeting in August 2010, Albury City Council adopted the CSU Albury CBD Master Plan, which provides a vision and guidelines for developing the site from a university campus into a vibrant and active community.
 
“The master plan was developed in conjunction with Albury City Council and a comprehensive consultation process that provides specific planning controls and guidelines. It was on display for public comment during August and September 2010.”
 
CSU has now located all teaching, research and administrative services for its Albury-Wodonga campus at Thurgoona, except for the existing Allied Health Clinic and Childcare Centre which are due to move in 2012.
 
The University is continuing to invest significantly in new buildings and infrastructure at its Albury –Wodonga campus. The Albury Child Care Centre will be relocated to a new advanced child education centre  that has commenced construction and is due to be completed by the end of 2011, ready to accept child care placements in 2012, and the $5m Health and Well Being centre is due to commence construction in 2011.

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