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Construction of Stony Rise Village to kick off mid-2025 for late 2026 launch

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Stony Rise Village development in Devonport is set to cost $40 million

After a rollercoaster ride through the planning process, the $40 million Stony Rise Village development in Devonport could be “open before” Christmas 2026.

The project, initially rejected by the Tasmanian Planning Committee (TPC), secured approval following a Legislative Council vote on Wednesday night.

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The decision, supported by Labor and most independent members but opposed by the Greens, has been hailed as a win for the region.

Developer Scott Spanton of Tipalea Partners expressed his relief and excitement, saying he is “emotionally exhausted” but “excited” to move forward with the project.

The Greens opposed the approval of Stony Rise Village development

“Before we start building we need enough leases in place and a satisfactory build price,” he said.

“Leasing stopped and we refunded deposits following the TPC rejection as we couldn’t provide retailers with any certainty on timing.”

The Tasmanian Planning Committee initially rejected the Stony Rise Village project

Spanton said leasing efforts will now resume, with a focus on attracting businesses interested in operating alongside a Woolworths supermarket and the region’s first Chemist Warehouse store.

Construction is slated to begin in the middle of 2025 and is expected to take approximately 14 months, with the village set to open in the latter half of 2026.

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