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Cremorne $80m complex in doubt.

March 28, 2016

It was to have been an ambitious seven-storey residential and shopping complex opposite Unley Road’s Cremorne Hotel.. a development which would have provided 140 apartments, ten townhouses and four businesses.

But the China-based developer Xinyu International has missed the start deadline, throwing the whole  $80million plan into jeopardy.  Much to the delight, I am sure, of the 100 local residents who posted written objections to the scheme.

But their joy may be premature, as the developer could reapply to the State Government’s Development Assessment Panel

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One Comment leave one →
  1. March 28, 2016 4:12 pm

    Thank heavens the finance has fallen through.
    The Chinese are probably diverting funds to buy more of our farms.
    Unley Council should never have approved the development. Shame

    Like

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