DOCKER Street’s Wangaratta Plaza will be demolished early in 2018.
With the last of the shopping centre’s current tenants set to depart the building this month, owner Key Capital Ltd is working through plans for development of the site next year.
Company director George Nikakis said the area would be fenced off in the lead-up to Christmas, as negotiations continued over its next use.
“We are in discussion with council about future development,” Mr Nikakis said.
He said decisions were yet to be made about the central Wangaratta site’s future use, with a number of avenues being explored.
Key Capital, which also owns Parfitt Plaza in Parfitt Road, purchased the Docker Street plaza in February this year.
The site was formerly occupied by major tenant Supa IGA, which closed in early February.
After the recent departure from the complex of Londrigan Beef and Lamb, which relocated to Rowan Street in late November, two businesses remained in the Wangaratta Plaza.