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$500 million transformation set for Wilkinsons point

Summary
A section of government-owned land at Wilkinsons Point will be sold off to private investment organisation, Larry Kestelman’s LK Group, and turned into a multi-use retail precinct, family resort and hotel complex. Independent Member for Elwick Bec Thomas said she was pleased to see LK Group honouring its commitment to develop the land at Wilkinsons Point, as per the in-principal agreement struck with the government five years ago. “Given the significant level of support LK group has received from the government and people of Tasmania and the ensuing success of the JackJumpers, it will be pleasing to see this re-investment in Tasmania and its people come to fruition,” she said. “A $500 million development provides a huge boost to our local jobs and economy. “New retail, hospitality and tourism offerings significantly uplift the area for locals and visitors alike, helping to realise the true potential of Glenorchy.
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glenorchygazette.com.auglenorchygazette.com.au

$500 million transformation set for Wilkinsons point

A section of government-owned land at Wilkinsons Point will be sold off to private investment organisation, Larry Kestelman’s LK Group, and turned into a multi-use retail precinct, family resort and hotel complex. Independent Member for Elwick Bec Thomas said she was pleased to see LK Group honouring its commitment to develop the land at Wilkinsons Point, as per the in-principal agreement struck with the government five years ago. “Given the sig…

·Glenorchy, Australia
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glenorchygazette.com.au broke the news in Glenorchy, Australia on Monday, April 14, 2025.
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Glenorchy, Tasmania

Glenorchy, Tasmania

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