The opening of the highly anticipated Ferny Grove Central development has been pushed back over a year from the original expected completion date, with the new timeline looking likely to stretch into late 2024.
Read: The Gap Households Embrace Green Waste Recycling with Record Orders of Green Bins
Developer Honeycombes Property Group has confirmed from its contractor Broad Construction that the mixed-use project is now slated for completion in the third quarter of 2024, over a year past the initial August 2023 target.
Construction on the sizable development first kicked off in June 2021, with residents and businesses eagerly awaiting the project’s completion. However, widespread industry challenges have hampered progress.
“A number of factors have come together to create a perfect storm” Honeycombes Property Group stated in a letter sent to the Ferny Grove community, citing labour and material shortages, severe weather events, and pandemic-related supply chain disruptions as the primary obstacles.
“To achieve the above timeframes, we are dependent on the builder maintaining program and we advise these dates are approximate as at April 2023,” the developer added.
Most buyers of the Fernery apartment units, which are part of the mixed-use development, were believed to have rejected refund offers despite their frustrations, as finding alternative housing solutions with builders and materials remains extremely difficult in the region.
Honeycombes has assured buyers that they are actively voicing concerns about construction delays to Broad Construction, who was engaged to design and construct the project. In the meantime, businesses and residents will have to continue waiting for the project to come to fruition.
About the Ferny Grove Central
With an estimated price tag of $140 million, Ferny Grove Central stands as one of the largest and most eagerly awaited retail, cinema, and residential developments in Brisbane.
The vision for the project is to build a vibrant local village that brings together a full-size Woolworths, childcare facilities, medical offices, restaurants, and more.
The project, located right next to the Ferny Grove train station, will also feature new transportation infrastructure, pedestrian-friendly outdoor plazas, covered parking, and enhanced vehicle and pedestrian routes.
Read: The Gap Netball Club Among ‘Woolworths Eat Fresh Play Fresh’ Grant Recipients
A highlight is The Fernery, a collection of one-, two-, and three-bedroom apartments situated amidst landscaped grounds. With its mix of amenities, services, housing, and public spaces, Ferny Grove Central aims to become a thriving hub and community gathering spot for the neighbourhood.
Published 7-August-2023