ACT Govt considered Phillip Pool takeover before Geocon sale
ACT Govt considered Phillip Pool takeover before sale

The ACT Government explored the possibility of acquiring the Phillip Pool before it was ultimately sold to property developer Geocon, according to newly released documents.

Government assessment of pool acquisition

Documents obtained under freedom of information laws show that the government conducted a preliminary assessment into taking over the aquatic centre. The assessment considered the costs and benefits of public ownership versus private operation.

The pool, located in the Canberra suburb of Phillip, was put on the market by its previous owners. The government's interest came amid community concerns about the facility's future and access to public swimming amenities.

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Sale to Geocon

Despite the government's consideration, the pool was sold to Geocon, a major Canberra developer. The sale price and terms were not disclosed in the documents. Geocon has indicated plans to redevelop the site, which may include residential and commercial components alongside the pool.

The government's assessment concluded that a takeover would require significant investment and operational costs. It also noted that the private sector could potentially manage the facility more efficiently.

Community reaction

Local residents and swimming groups have expressed mixed reactions to the sale. Some welcome the investment and potential upgrades, while others fear losing a community asset. The government has stated it will work with Geocon to ensure continued public access to swimming facilities in the area.

The documents reveal that the government's consideration was preliminary and did not reach the stage of formal negotiations. The decision to allow the sale to proceed was based on the assessment that private ownership could deliver better outcomes for the community.

The future of Phillip Pool remains uncertain as Geocon finalises its redevelopment plans. The company has committed to maintaining a swimming facility on the site, but details are yet to be announced.

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