Fewer apartments make Preston Market plans ‘unviable’, owners say

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Planning Minister Richard Wynne last week slashed the number of apartments allowed on the site under draft planning rules after a heated campaign from nearby residents. springst

But Planning Minister Richard Wynne last week significantly slashed the number of apartments allowed in draft planning rules to a maximum of 1200 after consultations and a heated local campaign.

“Throughout this process we have worked towards an outcome that would provide you with trading certainty and a revitalised market,” stallholders were informed in a letter on Saturday.The owners said investing $75 million in the market was not justifiable with only 1200 apartments.“As it has for the past four years, the market’s future remains uncertain,” stallholders were told.about the market’s future.

As it has for the past four years, the market’s future remains uncertain. We are sorry that this is the result and we will continue to advocate for a project that represents your best interest. “How many billions do you want to make?” Mr Katsaros said. “Fourteen-storey apartment blocks are not enough for them? Well, it becomes, at the end of the day, a selfish proposition overall.”

 

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You can't move traffic wise as it is......no proper infrastructure planning what so ever. All about labor Aldi bags and more rates.

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