Monday 19 March 2012

Penrith. Panthers $850 million proposal

Panthers proposes an $850 million development which includes outlet centres, general retail, campus style office premises, serviced apartments and high density residential dwellings on a 50-hectare site.. During construction and delivery, the proposed development would generate some 5000 jobs with 2100 jobs post construction “The scale and nature of this development recognises and reinforces Penrith’s role as a regional city,” Penrith City Council said. The proposal will be discussed at tonight’s (March 19) policy review committee, with the recommendation the proposal be presented council’s ordinary meeting on March 26.

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