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The Canberra Times
The Canberra Times
National
Jasper Lindell

Lease change for prominent Manuka site proposed

The owners of Manuka's Capitol Cinema have applied to join several blocks they own which would allow for new plans at the site that was at the centre of a long-running planning stoush over a London plane tree.

In the first sign of progress after the tree was removed at the end of July, Liangis Developments Pty Ltd, the company run by Sotiria Liangis, has lodged a development application to consolidate five blocks on Franklin Street currently under two crown leases.

Arborists begin work on cutting down and mulching the contraversial Franklin Street Tree in the Manuka shopping precinct on July 31. Picture: Karleen Minney

The application includes adding commercial accommodation use for blocks 3 and 4 and removing an electrical easement.

Hotel plans for blocks 3 and 4, the former post office site, have been approved, with a future stage intended to redevelop the cinema on blocks 1, 2 and 5.

Plans submitted as part of the application show a new substation on the Franklin Street side of the block, close to where the London plane tree was removed.

A report prepared by Canberra Town Planning for the proponents found consolidating the leases and allowing a commercial accommodation use were consistent with the ACT's Territory plan.

"The reason for the variation is to address the conditions of [the previously approved development application], which included the construction of a hotel development requiring the addition of commercial accommodation use to the Block 3 and 4," the report said.

"The extinguishment of the electrical easement is to facilitate the proposed development, as building over an easement is not permitted in commercial zones. Further, the easement is no longer requirement due to the relocation of the electrical substation on the site to service future development, as per the Evoenergy approval included with this submission."

A valuation found the site would be worth $8.7 million if the application was approved, up from its current value of $8.3 million.

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TIMELINE OF THE TREE

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