The City of Fremantle has welcomed the announcement that Perth-based property group Hesperia has acquired the historic Elders Woolstores building.
The giant heritage-listed building stretches between Cantonment Street and Elder Place in Fremantle’s East End.
It was originally built in 1927, with later stages added after World War II. It’s been largely vacant since the 1970s.
The Hesperia team is renowned for its expertise in heritage regeneration projects, with a comprehensive portfolio showcasing their heritage restoration and adaptive reuse activities including the landmark State Buildings in Perth CBD and the current redevelopment of Victoria House in Montario Quarter in Shenton Park.
The detailed vision for the Elders Woolstores is still being considered and the design phase is yet to commence. Hesperia plans to commence a wide-ranging community engagement process with local stakeholders later this year.