1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar




Property News

Alice Springs CBD plans under public review

October 21, 2011

Plans to revitalise the central business district of Alice Springs are open for public content until November 11 and local leaders are encouraging people to have their say about the proposed developments.

The Alice Springs Revitalisation Project focuses on several upgrades throughout the town's CBD, including the redevelopment of Adelaide House and a renovation of several facilities and amenities along Todd Street.

Plans include an "urban oasis", including more trees and a wider footpath on Todd Street, as well as changes to Todd Mall North.

These improvements, according to Alice Springs Town Council will contributed to stronger pedestrian and retail activity in the area.

Alice Plaza, the largest shopping centre, boasts more than 20 retail outlets.

Shade in particular is likely to be one of the most important improvements for the residents of Alice Springs, which is Australia's most inland town.

Maximum daily temperatures can soar over 40 degrees in the summer months, making shopping centres, swimming pools and the local library popular gathering places on the hottest days.

Any investors considering a commercial or retail property in the area should bear this in mind, as shady areas and air-conditioned facilities are likely to be in high demand. 



Related Articles

NT a hidden gem for real estate investment

A number of recent projects are highlighting the Northern Territory's potential for ...
read more

Capital city home values continue to rise in April

Home values continue to grow in Australia, but at a slower pace, according to the RP Data-Rismark ...
read more

Procurement reforms could help commercial property

Procurement processes can often act as a barrier to businesses achieving their full potential, so ...
read more

Latest Articles

Home equity: Are you using it to your advantage?

Research released late last month has found just 11 per cent of homeowners are looking to use their ...
read more

Rising capital city values recorded over the last 12 months

The latest RP Data-Rismark June Hedonic Home Value Index has highlighted the rising strength ...
read more

Former industrial precincts to become residential hubs

The New South Wales government has announced plans to turn two former industrial areas in north ...
read more