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Tuesday, 18 June 2019

Wednesday June 19 2019 Roundup Of Some Of The Gems Around Town At The Moment

• One of Launceston’s newest Councillors intends to pursue an idea to construct shops akin to Italy’s Ponte Vecchio on the Cataract Gorge Bridge when he gets it closed to traffic. Trevallyn folk will have to drive via Riverside. 

Did you see former Tasmanian Premier ‘Big Red’ lunching at a waterside restaurant with Launceston entrepreneur Jo Pentridge? 

• Development guru Errol Stewart spotted eyeing off his neighbour’s Foundry property that adjoins his car dealership, JAC’s Custom House offices and the soon-to-be-spare Paterson Barracks

• A flower shop on St Georges’ Square has been purchased for Catherine’s hairdressing and coffee shoppe. 

• Errol’s yet-to-be occupied C H Smith Centre is rumoured to have been sold off already to a large superannuation fund freeing up capital for the next adventure. 

• The UTas insurance provider has refused to insure buildings located on Launceston’s flood risk land leaving a UTas liability question mark. 

• It is finally revealed that the newly-approved Gorge Hotel behind the TRC Hotel in Paterson St will be able to provide a roof-top launching point for a cable car system strung high above the West Tamar Highway to the top of West Launceston’s Cataract Hill before heading into the First Basin Reserve. 

• Not to be outdone by rival JAC Group, Errol is teaming up with the Larter family to rebuild and extend the Basin Chairlift deep to within the Cataract Gorge Reserve. 

• Harvey Norman’s major homewares opponent IKEA may be keen to occupy a new building flagged for construction behind Invermay’s Bunnings. 

• A fourth tenant for ‘Red Ned’s Bar’ is on the horizon. 

• One of Errol’s Twin Towers at Kings Wharf may have to become a place for emergency housing to address chronic homelessness in Tasmania. 

• Penny Royal’s Gunpowder Mill attraction may soon exhaust cashflow reserves due to spectacular mounting losses mounting since it re-opened a couple of years ago. 

• Launceston’s newest high-rise the under-construction Verge Hotel, may not grow to its full height due to subsidence in the lower levels. Shades of Sydney towers? .

• The new Northern High Security Prison may yet be built with glorious Tamar views. 

• Tasmania’s next Governor may come from the North if Sue Hickey remains disinterested. 

• Contented cattle and irrigated crops at Glebe Farm may give way to a $5M bid to build a sea of cars for UTas Inveresk, well at least during dry weather. 

• Part of Utas land Grab from Launceston ratepayers at Inveresk is mooted to be returned to Launceston Council, as not all of the Old Bike Track is needed afterall. 

• Show Society land towards the Round House will be now usurped for more car parking to fix traffic congestion having access from Forster Street.




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