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Prominent North Sydney Site to be Developed

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Written by Marc Pallisco   
Monday, 24 May 2010 00:31

PLANS to develop a $291 million office, retail and hotel development in central North Sydney, have been given the green tick by the New South Wales government.

Planning Minister Tony Kelly approved the controversial project after the height was reduced.

The site, on the corner of Walker and Berry streets, will see a 32-level commercial tower rise at 77 - 81 Berry Street, and a 33-level, 200-room hotel, open at 88 Walker Street.

The developer Eastmark Holdings, headed by Jin Yong Park, had originally planned to develop a 37-level office.

A new street will need to be developed, the AFR reports, between Denison and Little Spring streets. The developer is also making a $6.3 million donation to the upgrade of the North Sydney train station.

North Sydney Mayor Genia McCaffery expressed frustration in the article, that the NSW government failed to communicate the decision with her. New South Wales director of planning is Sam Haddad.