Mutual Decision Taken on Montgomery St Redevelopment

8 Sep 2014
Well Governed Council

Manningham Council and Places Victoria have agreed to mutually terminate the Project Development Agreement (PDA) governing the proposed redevelopment of 2-10 Montgomery Street, Doncaster East.

Manningham Council Chief Executive, Joe Carbone and Places Victoria Chief Executive Gregory Anderson have agreed that despite the best efforts of both parties, they are unfortunately unable to deliver on the outcomes agreed upon in the PDA.

Mr Carbone said that unfortunately over time circumstances have changed which has left us with no alternative but to mutually terminate the agreement.

“It is disappointing that the project will not go ahead, but Council understands that there have been significant challenges and difficulties in navigating the approvals process for the Business Case.”

“The Montgomery Street site has wonderful potential and Council will now consider further options in regards to the future use of the site,” he said.