Redevelopment To Go To Tender

More good news on the redevelopment. MLC and RRC have both signed the Lease and associated agreements. The RRC-MLC Lease is now with City of Melbourne for final signatures.
MLC have given their approval for the Tender to go ahead and we expect to go to tender as soon as the documentation is completed in the next few weeks.
At this stage we anticipate that building works will start early in 2014, once City of Melbourne has signed the RRC-MLC Lease and a builder has been appointed.
I, for one, cannot wait for the building works to start and more importantly to see our fantastic new boathouse when the works are finished towards the end of next year. More details will be available on the program of works and the impact on the rowing program when the builder has been appointed and we have negotiated with them the plan of works.