Out with the old: the Metropolitan Redevelopment Authority approved a controversial Station Street Markets development (below) last Wednesday.
SUBIACO'S skyline will be scattered with cranes over the next few years, with the latest major development at Station Street Markets due to begin construction this year.
The $96 million Coles-Target shopping precinct joins the long list of approved projects including Ace Cinemas' hotel and retail redevelopment, a 16-storey apartment block at Pavilion Markets (left), a piazza and mixed-use offices on Seddon Street (top). With this new piece of the puzzle in place, the bigger picture of Subiaco's future is coming into focus.
SUBIACO’S popular Station Street Markets will close this year to make way for a Coles-Target shopping precinct.
The Metropolitan Redevelopment Committee (MRA) last week approved the $96 million development with some minor conditions.
The four-storey development is expected to be completed in spring 2017 and will include a Coles, Target, two levels of basement parking, retail and office space.
Developer Greg Pearce said he would give stallholders a definite closure date within the next fortnight.
“We are hoping to start construction as soon as possible,” he said.
“There is still a lot of preliminary planning to be done. However, it is very likely the markets could close before July.
“We understand there is controversy over the closure of the markets and the council’s position that does not support the project.
“However, I think the public has come to terms with it. We worked very closely with the MRA to get this result.”
Mr Pearce said there was “no doubt” that Coles on Barker Road would close once the development was completed.
Station Street Markets, which attracts about 20,000 visitors every weekend, became the only permanent market in Subiaco when the Pavilion Markets shut down in 2007.
Since the Western Suburbs Weekly broke the news of the proposed development in August last year, Mayor Heather Henderson said the City of Subiaco had considered “a number of options” to relocate the markets.
“Council did look at city-owned properties (including Forrest Street carpark and the former Wembley Tafe on Salvado Road). However, these were not deemed suitable for market activities, thus relocating the Station Street Markets in Subiaco was not possible,” Mrs Henderson said.
“While we will be sad to say goodbye to these markets, it is my understanding that the Markets on Rokeby proposal could accommodate a number of the current stallholders.”
Mr Pearce said he told the City they needed to develop their own markets in 2008.
“Council has the legal and the financial power to do it; they have the land, they have the money,” the devel- oper said.
“Permanent markets with cool rooms and infrastructure are the solution for displaced stallholders, not temporary markets at the train station or on Rokeby Road.”
Venn Property Group co-director Evan Briers said his plans to close Rokeby Road for a weekend street market would have proceeded irrespective of whether the Coles-Target development was approved.
“The potential exists to store infrastructure in under-utilised space at the rear of Rokeby Road shops to support retailing from stalls on Rokeby Road,” Mr Briers said.
Subiaco Land Redevelopment Committee member and Subiaco councillor Mark Burns said the retail balance between old and new Subiaco would “undeniably shift” once the Coles-Target retail hub opened.
“However, old Subi maintains a monopoly on character, convenience and a cosmopolitan future environment,” Cr Burns said.