The Nelson City Council has expressed its disappointment over the withdrawal of a major retail development. The matter came up in the mayor's report at a Nelson City Council meeting on Tuesday. The Cephas Property proposal was for a "mixed-use urban precinct" that would require the purchase of 2425 square metres of the Wakatu Square carpark from the council. READ MORE:* Nelson central city retail development withdrawn after Farmers backs outOn May 29, potential anchor tenant Farmers announced it had pulled out of the plan, causing Cephas to withdraw the proposal. Mayor Rachel Reese said there had been communication between council and Farmers, with the latter indicating they wished to remain in the Nelson CBD.

Source: Stuff June 04, 2019 16:52 UTC