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Old Jamison Inn development in doubt

A major development on the Old Jamison Inn site at Macquarie in Canberra's north remains in doubt after the developer went into administration.

SBR Insolvency and Reconstruction in Civic have been appointed as administrators of Redevelopments Pty Limited.

In 2011 the ACT Planning and Land Authority (ACTPLA) announced eight buildings had been approved on the large site for up to 322 apartments.

The empty hotel and parking area next to the Jamison Shopping Centre has been vandalised and is described by local residents as an eyesore.

The administrators are planning to hold a meeting with creditors before Christmas on the future of the proposed development.

In 2011 ACTPLA announced eight buildings had been approved on the large site for up to 322 apartments.
In 2011 ACTPLA announced eight buildings had been approved on the large site for up to 322 apartments.

 

 

Source: ABC News, 30 November 2012