The Federal Golf Club will hold a members meeting to present a development proposal. This proposal will require the existing club concessional lease to be deconcessionalised and the land rezoned before this development could proceed. The Regenerators are interested in the extent to which this development may impact the Red Hill Reserve.
The Federal Golf Club invitation is shown below:
Federal Over 55s Community Lifestyle DevelopmentBreaking NewsBriefing and Discussion of Development ProposalThursday 4 June 6.00-7.30pm at FederalThe Club has received an exciting new proposal from a Developer for an Over 55’s Community Living Development fully integrated with the Federal Golf Club which presents outstanding potential opportunities for the Club.All members are invited to a briefing and discussion on various aspects of the Proposal with President, Ron Thompson, Vice President, Bob Correll and Board membersThe development proposal is valued at over $100m and incorporates 3 bedroom villas and 2 bedroom apartments for over 55s, major clubhouse and surrounds and golf course improvements. This proposal can provide the funding for water self sufficiency, a new irrigation system and pathways and new greenshed for the course, major upgrades to the Clubhouse and surrounds and ongoing income flows to take pressure off our subs and debt levels.Don’t miss this opportunity to help shape our future at Federal.Please e-mail your interest to attend fgc@fgc.com.auBob CorrellVice President, Federal Golf ClubChair, Federal Development Committee