The historic Graham Lodge will be given a new lease on life under the multi-million dollar Nowra Gateway proposal.
Part of the proposed deal by Sydney group, Asset Group Solutions and Shoalhaven City Council for the redevelopment of the former tourist information site on the corner of the Princes Highway and Pleasant Way in Nowra, is for the historic homestead to be totally refurbished.
It is proposed Graham Lodge will be upgraded as part of the development and then handed back to council.
In plans seen by the South Coast Register, Asset Group Solutions who are currently in negotiations over the site, state the homestead, the home of Shoalhaven’s first mayor James Graham, would be given a half a million dollar upgrade.
Once refurbished, the building could be used as a function centre or art gallery/museum, and would be given back to council.
Outside landscaping will include cascading gardens and courtyards with access links to the development through Hawthorn Avenue.
Once complete the value of the historic building is estimated at $1 million.
The Nowra Gateway will be home to two towers, one six-storeys and the other four, containing retail, commercial and residential components.
Plans have revealed there will 73 apartments between the two buildings - 11 on level two and 62 apartments between levels three and six.
There will be two levels of residential living in the four-storey building, on top of ground floor retail and first floor commercial.
The six-storey tower will have one level of retail on the ground floor and five-storeys of residential area.
There will be a total residential area is 7200 square metres.
The plan also includes 3900 square metres of retail space, which includes a separate 400 square metre cafe/restaurant area and 1500 square metres of commercial area and basement parking on both sites.