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Ipswich City Council

Extraordinary Council - 9 Apr 2026 1:00 PM

Council adopted a special committee recommendation to progress a confidential lease agreement for Tenancy 2B05-07 in the Nicholas Street Precinct and delegated implementation powers to the CEO.

9 April 2026 Extraordinary Council Summary available Original minutes

Topics

  • Council backs lease deal for Nicholas Street Precinct tenancy
    Council approved a confidential Agreement for Lease and potential lease for a Tulmur Walk tenancy in the city centre precinct.
    This could bring a new tenant into a key civic-commercial area and affect precinct activity.

Decisions

  • Adopted Special Economic and Cultural Development Committee recommendations
    Council carried Resolution C2026/00/077 to adopt the recommendations of the Special Economic and Cultural Development Committee No. 2026(04).
    This enabled the subsequent commercial leasing decision for a tenancy in the city centre precinct.
  • Lease progression for Tenancy 2B05-07 at Tulmur Walk
    Council agreed to enter into an Agreement for Lease and, if satisfactorily executed, a lease for Tenancy 2B05-07 within the Nicholas Street Precinct, with the commercial terms contained in a confidential report.
    This supports activation of a tenancy in the precinct, which may affect local business activity and the precinct’s tenancy mix.
  • Delegation to CEO for contractual action
    Council delegated to the Chief Executive Officer the power to take contractual action needed to implement the lease decision.
    This speeds up delivery of the leasing arrangement and associated contract steps.

Discussion

  • Confidential commercial lease in the Nicholas Street Precinct
    The meeting dealt with a confidential proposal to lease Tenancy 2B05-07 at Tulmur Walk, including note of a ministerial exemption applying to disposal of Council’s leasehold interest.
    May influence precinct activation, business occupancy and public realm use in the city centre.
  • Council kept informed on execution and publication
    Council resolved to be kept informed on progress and outcome of execution and publication details.
    Provides ongoing oversight of a public-facing commercial arrangement affecting a central precinct.

Impacts

  • Potential activation of an empty or vacant tenancy in the Nicholas Street Precinct.
  • Possible change in the mix of shops, services or hospitality in Tulmur Walk.
  • City centre foot traffic and precinct vibrancy may be affected if the lease proceeds.

Places

  • Tulmur Walk (precinct tenancy)
    The leased premises Tenancy 2B05-07 is located here.
  • Nicholas Street Precinct (city centre precinct)
    The commercial lease decision relates to this precinct.
  • Ipswich (city)
    The meeting was held in Ipswich and the precinct is a major city centre location.

Next

  • Execute the Agreement for Lease and associated documentation.
    After Council approval, subject to satisfactory execution.
  • If the Agreement for Lease is executed, enter into the lease for Tenancy 2B05-07.
    Conditional on successful completion of the Agreement for Lease.
  • CEO to carry out contractual action required to implement the decision.
    Following Council’s delegation.
  • Provide Council with updates on progress and outcome.
    Ongoing after execution and publication steps.

Extract

of 2 MINUTES OF COUNCIL SPECIAL MEETING 9 APRIL 2026 Held in the Council Chambers, Administration Building 1 Nicholas Street, Ipswich The meeting commenced at 1.00 pm 1.ATTENDANCE AT COMMENCEMENT Mayor Teresa Harding (Chairperson); Councillors Jacob Madsen, Pye Augustine, Deputy Mayor Nicole Jonic, Paul Tully, Marnie Doyle, Andrew Antoniolli, David Martin and Jim Madden 2.WELCOME TO COUNTRY OR ACKNOWLEDGEMENT OF COUNTRY Mayor Teresa Harding delivered the Acknowledgement of Country 3.OPENING PRAYER Councillor Paul Tully delivered the opening prayer 4.APOLOGIES AND LEAVE OF ABSENCE Nil 5.DECLARATIONS OF INTEREST IN MATTERS ON THE AGENDA Nil 6.OFFICER’S REPORTS 6.1 REPORT OF THE SPECIAL MEETIN...