THE $18 million Point Fraser development with its waterside restaurants, kiosks, offices, boutique brewery and tavern has been delayed another four months, and is now expected to finish March 31 next year.

The plan by City Foreshore Investment has been hanging around since the firm signed a deal with Perth city council in 2012 to develop the Crown-owned land.

The completion date’s already blown out from June 2014, with the “environmentally sensitive location” said to be holding things up.

• Plan for Point Fraser entertainment area by McDonald Jones Architects.

“The ability for the developer to satisfy the environmental conditions put on … by the Swan River Trust has taken longer than originally anticipated,” a PCC report reads.

The ground’s more unstable than first thought and because of the delays with the SRT a drilling rig wasn’t available.

Lord mayor Lisa Scaffidi says given the challenges CFI has had it’s reasonable to allow the company an extension. The council keeps collecting rent in the meantime.

The original idea to spruce up Point Fraser dates back to the 1980s, but disappeared between dithering council regimes.

by DAVID BELL