Mihaljevic Constructions managing director Alan Mihaljevic and Hocking Stuart director Tony Douglass on the Gregory Street site.
IT is almost two years since Ballarat’s historic Gregory Street silos were demolished.
And now there is finally movement at the residential estate to take their place.
Excavators have been on site for weeks, in the first sign of progress since the towering silos were demolished in 2010.
To be turned into an 18-lot residential estate, just six lots of land remain.
Ballarat-based developer Alan Mihaljevic said it was good to finally see some progress at the site.
“It’s been a bit of a point of discussion around town, especially with the issue of the old silos,” he said.
“People have been asking what is happening so it’s good be under way.”
It is expected the works will be completed by the start of next year.
Hocking Stuart Ballarat director Tony Douglass said the estate was unique in Ballarat, in that it was within viewing distance of Lake Wendouree.
“We are going to see a lot of high quality homes going up here, it’s going to be a really valuable estate,” he said.
In August 2010, former developer Eleveno Pty Ltd found it was not feasible to build apartments out of the silos, and instead decided to demolish them and build normal residences.