16/11/2025
MEDIA ALERT & RELEASE
YIMBY Hobart: Silence grows over K&D sale
YIMBY Hobart has expressed serious concern about the silence surrounding the sale of the former K&D site in central Hobart.
In October, the University of Tasmania announced the sale of the landmark site for a price exceeding $30 million. At the time, the purchaser said the acquisition was a chance to “deliver lasting benefits for all Tasmanians”, gave them “the privilege and responsibility to contribute meaningfully to Hobart’s future” and that they were “genuinely excited to work hand-in-hand with the community.”
Since then, silence.
In response, YIMBY Hobart is calling on the buyer to make their plans for the site public.
Quotes attributable to YIMBY Hobart spokesperson Susan Wallace:
“We want to work with the purchaser for positive community outcomes, but they’re nowhere to be seen.”
“We’ve written to the University of Tasmania and received no response. The community deserves some clarity about what’s next.”
“During the sale period YIMBY Hobart met with many stakeholders who are excited to be part of creating a landmark, city defining development on this site that also incorporates desperately needed housing.”
Quotes attributable to YIMBY Hobart spokesperson Lachlan Rule:
“A large development with a mix of housing, commercial, and public space, could spur on a wider rejuvenation of the mid-town area, and the CBD more broadly.”
“There’s growing concern that this extraordinary opportunity could be wasted, with the site land-banked, or turned into yet another car yard. Hobart can’t afford that.”
“We’re calling on the buyer to make their plans for the site public.”
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