- December 1, 2010
- Posted by: Gail Giles-Gidney
- Category: Update
Councillors attended a briefing on a proposed residential development on the Channel 9 site.
This development is very much work in progress and community members will be asked for their input. Plans at the moment include two centrally located multi storey towers with smaller three storey residences located around the perimeter. We were told that developers are looking at 50% open space and 50% development of the site. There would be a small amount of retails space and possible child care / pre school.
Unfortunately at present the TV tower stays. The tower is owned jointly by 7, 9 and 10 and because of relocation costs (likely to be in the tens of millions of dollars), moving it is not financially viable.