Luxury Hotel Request for Expressions of Interest
The Northern Territory Division of the Property Council of Australia collectively represents billions of dollars of commercial investment in the Northern Territory. The property sector has a larger footprint on the Northern Territory economy than any other industry.
As an industry, we not only have a keen interest, but also a financial interest in the future development of the Northern Territory, and we appreciate and take seriously the opportunity to provide comment on proposed planning developments.
The Property Council of Australia would like to provide comment on some matters that have been raised by our members regarding your Luxury Hotel Request for Expressions of Interest which has recently been issued.
We appreciate and acknowledge the effort that has been made to encourage private sector investment here in the Territory and most notably, to boost growth and development in the Darwin City Centre. As one of Australia’s fastest growing economies we need to ensure that all plans and ideas have been strategically assessed before decisions are made as to new government initiatives.