Tuesday, 27 April 2010

A Vacant site !

The vacant mess that was formerly the Dwyer's site on the corner of Crown and Corrimal streets, Wollongong is fast becoming an embarrassment to this city.

It was the scene of a battle between two developers - and this battle can be considered lost. There seems little chance that the old Dwyer's site will become a major shopping precinct now that plans to develop a similar complex in Keira street - at the other end of town - are set to proceed.

The old Dwyer's site seems the perfect answer to a problem bedevilling our sporting, recreational and art centres located nearby - a place to park a car !

The present owner of Dwyer's site is in financial difficulties and an approach by Wollongong council to buy the site would probably be welcome.

Obviously council would need to go into debt to obtain this land, but whatever price paid now would surely lead to a huge capital gain as the years roll by, and eventually the cost could be recouped by a mixed development of shops with a multi story parking station above.

This is probably the only hope of providing the parking necessary to ensure the success of Win Stadium and the other venues attracting people.

Is council brave enough to make this move ?

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