The New South Wales Government has been blamed for the loss of a $600-million project to redevelop Newcastle’s failing CBD.
This afternoon the property giant, GPT, abandoned the planned overhaul, citing a lack of commitment from the Keneally Government.
To make matters worse, retailer David Jones will follow suit by closing its Newcastle store.
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Bye Bye Newcastle.
newcastle dead in the water we need an earth quake to save the city…
What do the people of Newcastle expect. They vote Labour in time & time again
and get nothing in return. My son works at the Cafe All Bar One, he will lose his job and his employer will have no choice but to close. I am totally disgusted by this devevlopment not becoming a reality, Newcastle will become a ghost town,what is happening to our city. Jodi McKay should go back to Journalism and the mayor should retire. They have done nothing to help Newcastle get back on its feet. It is such a coincidence that this project was rejected just after an election,why do you think that was? Newcastle misses out all the time there is always a reason why we never get funding for any projects that are so desperatly needed. The CBD will become like Newcastle West, with its disgusting building.
I am willing to help get Newcastle back. I can’t believe the council are going to let this happen to Newcastle again, Sue Slade