Construction of the new Capital Food Market in Belconnen is set to resume with the new appointment of builders, following PBS Building going into voluntary administration earlier this week.
One of Canberra’s leading commercial builders, Construction Control, will be appointed to complete the project.
In a statement, Elanor Investors Group’s Co-Head of Real Estate, Michael Baliva said, “Construction of the new market hall is well progressed”.
“Our team has worked tirelessly over the past week to ensure our sub-contractors have the opportunity to continue working on the project, allowing the opening the Capital Food Market to not be significantly delayed,” Mr Baliva said.
“We’re excited to realise our vision of delivering a new fresh food and casual dining experience.
“We look forward to welcoming Canberra’s residents and visitors to the Capital Food Market in the coming months.
“In the meantime, our traders will continue to operate from the temporary “Belco Shed’.”
In a statement, Master Builders ACT said it welcomed Construction Control Australia’s appointment as the construction lead on the Capital Food Markets project. This follows Monday’s announcement that construction company, PBS, had gone into voluntary administration, leading to the closure of all PBS projects, including the Capital Food Markets site.
Master Builders ACT CEO Michael Hopkins said, “After the devasting news about PBS earlier this week, I’m happy to see MBA Member, Construction Control Australia, take over the Capital Food Markets project. This will be particularly welcome news for our supplier and subcontractor members who will be the sectors greatest affected by the cessation of PBS projects.”
“We will continue to provide support and advice to the MBA Members who have been affected by this news,” Mr Hopkins said.
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