Leading property developer Blackburne has snapped up Ocean Village Shopping Centre in City Beach as the Town of Cambridge pushes ahead with a proposal to sell the council-owned carparks surrounding the site.
Blackburne is set to bring new life to the shopping centre site on Kilpa Court, which was previously owned by collapsed builder Pindan which bought the site for $12.5 million in 2016.
Blackburne executive chairman Paul Blackburne said it was a rare parcel of land in a prime location.
He said they were assessing all options for the site and expected to unveil the plans by the end of 2023.
“To see such an important local community asset located next to wonderful parks not being used to its full potential was something that really spoke to us,” he said.
“The opportunity to revitalise another significant area of Perth and deliver another world-class development was an opportunity we couldn’t miss.
“We’re passionate about transforming underutilised locations in Perth to create landmarks that benefit the whole community, and we believe that our local expertise will help deliver something truly special for the people of City Beach.”
Mr Blackburne said they would work with the Town of Cambridge and the community to determine the site’s future.
“The previous owners undertook significant community consultation and the feedback was that the community wanted an active boutique neighbourhood centre with a range of amenities,” he said.
“That’s something we’ve delivered in the past and we’re keen to incorporate the community’s ideas here too.”
Before Pindan’s collapse in 2021 it had started conversations with the Town of Cambridge to amalgamate the two council-owned parcels of land used as carparks to the north and west of the shopping centre with the main site.
However, the sale fell through when the company collapsed.
The Town of Cambridge is still pushing ahead with the idea and calling for public comment until Monday on a business plan proposing the 3687sqm of land be sold to form part of the Ocean Village Shopping Centre site.