FINBAR has won approval for the redevelopment of the former Port Hedland Hospital site into a $390 million apartment project.
The company received approval from the members of the Kimberly/Pilbara/Gascoyne (Northern) Joint Development Assessment Panel.
Finbar bought the 3.15ha site for $5.95 million.
The development approval was received for the first stage of a four stage development, the plans of which comprise 109 one and two bedroom apartments along with six commercial tenancies.
A further three stages is proposed comprising an additional 441 permanent residential apartments, 163 short stay apartments, and 1,646 sqm of commercial space.
“We are excited to have received the unanimous support from the Assessment Panel members for what will be a very exciting accommodation offering for the Town of Port Hedland,” Finbar managing director Darren Pateman said.
Finbar will now proceed to prepare for a marketing launch in the spring.
Australian Property Journal
