Posted Jun 11, 2019, 4:02 PM
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Join Date: Jan 2009
Location: 360, St. Edwards
Posts: 12,380
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Scarborough Beach twin towers development on hold as 3 Oceans explores other options
Quote:
The developers of Scarborough's contentious twin towers hotel and apartment development have met with the West Australian Government and officially advised that the project is on hold.
In a statement released late on Thursday morning, a spokesman for developer 3 Oceans said he was disappointed to confirm the project was on hold.
He said a comprehensive review of the project had determined it was not financially viable in the current market.
In a statement given to ABC Radio Perth, Planning Minister Rita Saffioti said she was told 3 Oceans would now be exploring other options and engaging a new design team.
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