THIS explains why the Gosford Public School was sold off in 2014 … located slightly to the south of the centre of Gosford.
DESPITE the alert from Martin North and others …
THAT as a consequence of the Pandemic … particularly with the masses of poorly constructed high-rise on the urban fringes, and further in as well with prices falling up to 30 to 40%, and with too much stock all looking the same, and on the market at the same time.
WHY is this happening now in Gosford despite a lot of concern that the development is too large for the area … but they obviously know more about the future than we do …
IT all points to big plans from those with power and influence for Gosford. They will ensure they prevail, this sort of money won’t be deterred.
ALSO the site at the corner of Mann Street and Donnison Street … though a smaller development, again it is mixed use – they all are these days
WHEN the demolition was taking place we spoke to a chap who suggested, like recent developments in Parramatta, it was ‘ME’ money and more than likely marketed to Chinese buyers
NO DOUBT its appeal is because it is …
.urban
.high rise that can be populated by cohort
.close to public and private schools
.close to selective school
.close to shops; a must
.close to train
.close to hospitals
.close to club
READ MORE!
In the leadup …
2020 VISION FOR TWIN TOWERS’ about a development in GOSFORD CBD said to be ‘State Significant’ builds …
–$400M Archibald development of 2 towers including 300 apartments, hotel of 167 suites, 25 floors plus retail, bars and restaurants.
It was originally in 2015 the work of Peter Zhu but new owners of the Archibald are keeping their identities secret, why?
The Central Coast Quarter development application has been lodged for a hotel/entertainment destination at the southern end of Mann St … was this what the sell-off of the Gosford Public School was all about?
Plus another developer down the road is proposing 3 buildings between 8 and 24 floors to include much the same …
AND the Lederer Group is planning a development near Kibble Park, Gosford of 5 buildings 20 to 30 storeys … OMG!
The beautiful harbourside setting of Gosford to disappear for ‘Vibrancy and the emerging population’ … from??
SOURCE:
How was all this development fast-tracked?
The NSW Planning Minister .. back then … appointed a new Co-Ordinator General to enforce development of the Gosford CBD …
Note … contrary to the ‘Central Coast Enforce’ the Gosford Waterfront was included in the draft CBD DCP!
COMMUNITY ACTION ALLIANCE FOR NSW (CAAN): HOUSING INEQUALITY WITH AUSSIES LOCKED OUT! 