Proposed Invercargill City Council CBD block investment draws differing views - News Summed Up

Proposed Invercargill City Council CBD block investment draws differing views


An inner city Invercargill retailer of 54 years says it is difficult to remain upbeat about the state of the CBD and he fully backs Invercargill City Council investing in a major CBD development. Councillors are this week listening to public submissions in regard to if the Invercargill City Council should invest up to $30 million into HWCP Management Ltd's proposed CBD block development. Meanwhile, at the hearing Invercargill-based Medispace project director Mark Simmons confirmed his business was behind the proposed medical centre earmarked within the block. The company was now eyeing the CBD block for a medical hub in Invercargill. "Medispace sunk a six-figure sum into the pre-work for that [corner of Tay St and Deveron St] project in the expectation that it would happen, it was disappointing that it didn't.


Source: Stuff July 16, 2019 05:37 UTC



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