The Premier of Tasmania, the Hon. Peter Gutwein MP joined the Directors of Traders In Purple and invited guests for the official ground-breaking ceremony for Kings Quarter in Kingston. Kings Quarter represents an inward investment in excess of $300m by Traders In Purple, which will stimulate the local and Tasmanian economies over the next 10 years.
Speaking about the event, Traders In Purple Development Director for Tasmania, Jennifer Cooper, said that Kings Quarter at Kingston, which will be marketed as KQ to local and interstate buyers, is a partnership with Kingborough Council; and represents the beginning of the revitalisation of the old Kingston High School site. “Traders In Purple is committed to creating a new community for families and individuals of all ages and lifestyles at KQ and it will offer local contractors and suppliers long-term opportunities over the next 10 years,” Ms Cooper said.
“Apart from the 80 homes in stage one of Kings Quarter, the Masterplan also incorporates entertainment facilities and a 10,000 square metre modern, environmentally responsible commercial office space, which has the potential to create 800 full-time equivalent local jobs; and a significant multiplier for the Kingborough municipality. The development focuses on community living for all ages and lifestyles with
exciting recreation and employment options incorporated into the design.
“Despite COVID-19 uncertainty, confidence in the Tasmanian economy remains strong; as evidenced by exceptional levels of interest in the first stage at KQ and in Kingston in general. The ground-breaking ceremony marks the beginning of construction, which has been brought forward due to increased interest and steady sales over the past few months. Even before construction commenced, KQ attracted significant interest from prospective purchasers here in Tasmania and interstate.
“We attribute the growing interest in Kings Quarter to the fact it is located in the heart of Kingston and it is offering a diverse range of housing types including freestanding homes, townhouses and apartments. The initial stage of the development provides carefully designed, energy efficient homes offering low-maintenance living with an exceptional standard of inclusions, all within walking distance to the existing amenity that Kingston has to offer.
“Kings Quarter is all about lifestyle and community. The project will provide beautiful streetscapes with extensive landscaping and well-lit footpaths to encourage residents to incorporate a healthy stroll into their daily routine. The private Residents Club available for use by all Kings Quarter residents for relaxing or socialising, as well as a pocket park with BBQ facilities and a residents’ garden form part of the first stage of
80 homes,” Ms Cooper said.
Located adjacent to Kingborough Council’s new multimillion dollar public park, streetscapes and landscaping in stage one at Kings Quarter was designed by Tasmanian landscape architecture firm, Lange Design, to integrate seamlessly with its surroundings. Along with the existing state-of-the-art health centre and the award winning Kingborough Community Hub, Kingston Park forms a new centrepiece for the Kingston Community. The fully landscaped residential and planned commercial and entertainment precincts will serve to interconnect with the four hectares of natural and curated public space that feature throughout the development.
Kings Quarter is an innovative residential, retail, and lifestyle destination, which has the potential to reinvent Kingston; and is the Kingborough region’s most significant urban regeneration project to date. Long-term projects, such as Traders In Purple’s Kings Quarter revitalisation project with Kingborough Council, will bring a significant number of jobs, traineeships, and offer long-term contracts to local tradespeople, consultants and suppliers. The economic growth to Kingston and the region cannot be overestimated.
Traders In Purple has over 30 years’ experience in sustainable and sensitive development and project management. The company has an impressive record as developers of over $1 billion worth of resort-style, luxury-living properties; and a completion rate of 100 percent. Every project is designed using a sustainable business model, which includes extensive community consultation and an emphasis on leisure and lifestyle. Traders In Purple utilise dedicated teams of engineers, architects, town planners, and landscape specialists to ensure that all multi-phase projects build communities and have a positive effect on the locale and environment. With an unrivalled commitment to community development, Traders In Purple has extensive experience in urban renewal, rezoning, with a particular focus on heritage requirements.