Iris Capital’s Newcastle Hunter Street Mall redevelopment wins planning approval

Newcastle mall redevelopment wins planning approval BIG TICK: Fabric House forms part of the project’s first stage.

The King and Perkins unit tower to be built on the site of the car park.

TweetFacebook“We are really pleased with the JRPP’s decision,” he said. “I truly believe this is the first mark of our city becoming a world-class destination.”

Iris’s $221 million development will eventually cover 1.66 hectares over four blocks and include 500 units.

The developer plans to start grouting work on stage one in the new year.

Work is expected to start in February on demolishing the former David Jones car park to make way for the King and Perkins apartment tower.

Newcastle Inner City Residents Alliance have a sayThe Newcastle Inner City Residents Alliance has spoken out against the demolition of theDavid Jones multi-level car park on King Street.

NICRA requested the JRPP insist the four-stage East End projectstart elsewhere on the site and leave the car park intact until work on the city’s light rail line was finished.

“The decision to commence the project with the demolition of the DJs car park willhave a devastating impact on traffic and parking in King Street, which already is atraffic disaster zone,” NICRA spokesperson Dr Lyndall Ryan said.

“With too few parking options, the loss of the car park at this stage will make the CBDinner-city even more inaccessible.

“What provision has Newcastle City Council made for the many people who currentlyuse this public car park?”


$6 million for East End penthouse

Car parks a battlefield at Christmas

Former David Jones car park on the chopping block