Meriton has been given the green light to build more than 800 homes on an inner-city development site despite dumping plans to build affordable housing.
Harry Triguboff had to patiently buy out each owner of an existing apartment block to secure the site for soaring twin towers overlooking the city botanic gardens.
The Meriton founder has questioned giving state-owned corporation Landcom a direct role in building homes,as the opposition demands Premier Chris Minns rule out redeveloping Macquarie Hospital.
Five proposals for 6000 homes have been accepted for assessment under a special fast-track system for large residential developments,but Meriton’s controversial project was not among them.
Tasked with fixing the crippling housing shortage contributing to record rent increases across NSW,planning minister Paul Scully is asking developers to pay up.
The comments from the billionaire Meriton founder are likely to inflame a contentious public meeting on Thursday convened by opponents of an 800-dwelling development.
Meriton’s proposed development in Zetland is not within Randwick City Council’s area,but councillors are demanding it be stopped because a tower will be visible to their constituents.
The property giant contacted around 1900 staff and guests to inform them their data may have been accessed in the latest cyber incident involving an Australian company.
The apartment giant is making its third attempt at a high-density redevelopment in south-east Sydney,using a new state government scheme that bypasses councils and independent planning panels.
City of Sydney is happy to see Meriton build beyond current height restrictions,but the huge site sits on the boundary of Randwick City Council – and it wants to stop them.
Four standout developers have been revealed in a new ranking that aims to stop would-be players gambling with home buyers’ money.