Business View Oceania | March 2021

41 42 BUSINESS VIEW OCEANIA MARCH 2021 BUSINESS VIEW OCEANIA MARCH 2021 releasing four significant development sites within the CBD to the market. “LIVING CITY is the largest urban redevelopment plan ever undertaken in regional Tasmania,” says Mayor Rockliff, “and is driving the transformation of Devonport through the creation of new civic, business and waterfront precincts, focused on highlighting our tourism, arts, services, and livability advantages. The Devonport City Council, along with our State and Federal Government partners, have committed significant investment in the early stages of the Master Plan implementation, which has been critical to establishing exciting opportunities for complementary private sector investment and job creation. With the $40 million private investment in the new waterfront hotel now on the ground, the time is right to commence planning for the next stages of LIVING CITY, and this Expression of Interest process is a significant next step in ensuring opportunities for innovative and high-quality private sector investment opportunities in our city are readily available.” Advantages to Business Devonport’s diverse economy is based on retail trade, health care and social services, manufacturing, and freight and logistics management. Supported by the initiatives contained within the LIVING CITY plan, Devonport is confirming its status as the service, retail, tourism, and cultural capital of North West Tasmania. This is creating rapidly growing opportunities in traditional sectors, as well as in tourism and accommodation, food services, education, construction and professional services industries. Devonport offers compelling advantages for business investment, including: • Passenger and freight ports, which handle a considerable proportion of Tasmanian imports and exports, as well as hosting the Spirit of Tasmania interstate passenger ferry service. • Devonport Airport is the third largest in Tasmania, providing major carrier services to Melbourne Tullamarine, along with freight and charter services. • Devonport is on the doorstep of North West Tasmania’s high-quality fresh produce regions, namely: dairy, floriculture, fruit, vegetables, meat and aquaculture production and processing. The ‘food industry’ is a major asset which is building economic prosperity for the City. • Market access – land and property values, including commercial rentals, are some of the most accessible in all of Australia’s regional cities. • Skilled, diverse workforce that is innovative C I TY OF DEVONPORT , TASMANI A The place for the best property professionals . Knight Frank has been involved in the sale, management, and valuation of commercial, residential and agricultural property in Tasmania for over 40 years and is the only company in Tasmania that offers a broad base integrated service. Proudly servicing Devonport and the North West Coast . 48-54 Oldaker Street, Devonport, TAS. Ph: 6424 3568