10 Murray set to go
The Mercury, DAVID KILLICK | February 16, 2011 05.28pm
The Resource Management Planning and Appeals Tribunal yesterday rejected arguments from a group which wanted to preserve the 43-year-old, 14-storey office tower.
It found that the building did not have particular architectural merit and that its retention and refurbishment would not make economic sense.
“In the Tribunal’s mind, the existing building is neither an examplar of anything much at all nor is it especially well executed,” the Tribunal found.
“In the tribunal’s view there is ample material which persuades that there are overriding environmental and economic considerations not to retain the building.”
It also ruled that the proposal complied with the Sullivans Cove Planning Scheme and would improve the precinct in its current form.
“The site proposed for redevelopment is decrepit and has in large part fallen into disuse.
READ THE FULL ARTICLE: http://www.themercury.com.au/article/2011/02/15/207355_real-estate-news.html
Note: This article appeared in the print edition on 16 February, but appeared online on 15 February 2011.