Harvey
Well-known member
@sideline eye said:I think that Balmain are the architects of their own demise but I really hope that they can keep going as part of the JV. Even if the Council had given approval, NSW State Planning would have vetoed any of the proposals put up so far. I think the developers know what's required but they probably can't see it turning a buck so they keep putting in non compliant plans, more in hope than expectation. Anyway, that's just a view from the outside looking in.
The are probably not in any hurry. Didn't they only pay $1 for the property through some backdoor (benny) deal?