Old Sydney Town owner Richard Chiu urged to call Central Coast Council

Posted by | October 22, 2017 | Community, Industry News, News, Testimonials, Training

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CENTRAL COAST Council has urged Old Sydney Town owner, Richard Chiu, to submit his plans for the site as soon as possible.

In an exclusive interview last week with the Central Coast Express Advocate, the millionaire global hotel magnate said he was willing to rebuild the theme park even better than before if Central Coast Council rezoned 30 per cent of his surrounding landholding for residential or commercial development.

Mr Chiu said Old Sydney Town occupied only ten per cent of his Somersby land — and rezoning some of this would make it feasible for his company to take the financial risk of resurrecting the theme park.

Mr Chiu said he had proposed this to the former Gosford Council over the years but had been refused.

In it’s response to Mr Chiu, Central Coast Council said it was ready to hold discussions about the future of Old Sydney Town at any time.

“Land owners, who wish to rezone land, can lodge a planning proposal with Council with relevant technical studies to justify the proposed use of that land in accordance with the Central Coast Regional Plan, local planning strategies and environmental attributes of the site,” the council said.

“Council encourages open and honest discussion with landowners about their plans and the owner of the Old Sydney Town site is welcome to meet with Council to discuss his plans at any time.”

Source: http://www.dailytelegraph.com.au/newslocal/central-coast/old-sydney-town-owner-richard-chiu-urged-to-call-central-coast-council/news-story/684fff6b4868215140ae84417926e638

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