ARA and Hobart retailers celebrate long-awaited Myer redevelopment

PEAK retail industry body the Australian Retailers Association (ARA) has welcomed the recent announcement that the former Myer building in Liverpool St, Hobart will now be redeveloped.

ARA Executive Director Russell Zimmerman said local retailers, including an ARA Tasmanian board member, are extremely pleased with the outcome delivered by the new Liberal Government and strongly supported by the ARA.

“We were very pleased to hear the news that Premier Will Hodgman approved a $15 million commercial loan that will enable developer ­Emmanuel Kalis to get his $100 million redevelopment of Myer off the ground.

“It has been almost seven years since fire destroyed the Myer store on Liverpool Street, and it is great to see that action is finally being taken to support the local retail sector.

“The ARA has long supported this initiative and looks forward to seeing how Myer’s redevelopment progresses. This is a strong move forward for Tasmania’s largest private employer - the retail sector,” Mr Zimmerman said.

Since 1903, the Australian Retailers Association (ARA) has been the peak industry body representing Australia’s $265 billion retail sector, which employs over 1.2 million people. The ARA ensures retail success by informing, protecting, advocating, educating and saving money for its 5,000 independent and national retail members throughout Australia.

Visit www.retail.org.au or call 1300 368 041.

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