Mr Hall said the Tradies would pay the $3.18 million plus GST at a date yet to be determined on transfer.The government called tenders on the car park in late 2012. Mr Hall said the Tradies submitted the top price, at $2.4 million, suggested the land swap and entered negotiations.The swap was an outstanding deal for the government which now had two blocks in the prime section 72, worth much more than the government paid if the lease was changed to allow apartments, he said. The government also retained control of the Dickson carpark and its revenue, with the Tradies unable to build there for five years, and the Tradies had agreed to pay almost $1 million more than they had tendered.Mr Hall confirmed the Tradies continues to get rent from the Stockade gym.The union was rent free because of the cost to the territory of having to maintain a vacant block, and also the fact the club was prevented from developing the carpark for some years, he said.”This arrangement allowed the government to secure ownership of two key blocks of land to facilitate urban renewal while ensuring the public car park on Block 30 Section 34 would remain available to the public while other significant development works took place in the Dickson area,” he said.On the prices, he said two commercial valuers had agreed.
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