Renmark Paringa Council is looking to secure a development partner for the multi-million dollar Jane Eliza Estate project.
CEO Tony Siviour has informed media that his Council will not be undertaking the major housing development itself, as to avoid financial and legal risks.
Council has set aside funds for the project this financial year and is engaging an experienced team led by Adelaide-based commercial development company Alinea Group.
It’s hoped the development will provide quality housing supply for the growing township over the next 3 to 4 decades.
More information about the project is expected to be released next month.