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Tuesday, November 12, 2013

Supermarket site on the move

RAPID progress is expected in the development of a new supermarket at New Norfolk following the sale of the Willow Court oval to a Woolworths subsidiary.

The oval was sold to property developer Robert Rockefeller about three years ago and there has been ongoing speculation about which supermarket chain would be involved.

It was announced earlier today that the Derwent Valley Council had endorsed Mr Rockefeller's recent decision to on-sell the site to Fabcot Pty Ltd, the commercial property division of Woolworths Supermarkets.

Mr Rockefeller's company Humana Pty Ltd has also sold the existing New Norfolk Woolworths Supermarket to Fabcot. It is believed this is the first time Woolworths has owned the Charles St building, despite operating it as a supermarket since the premises were built by the Savings Bank of Tasmania in 1983.

Woolworths are believed to be keen to make a quick start on the development in order to meet the original timeframe agreed between Mr Rockefeller and the council, which remains in force.

UPDATE: More details in this week's Derwent Valley Gazette including news that work is expected to start in the new year.

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