Iris Capital’s concept plan for the $700 million Hunter Street mall revamp has won planning approval, revealing the developer’s broader vision for the inner-city precinct.
The Newcastle Herald reported in December that work is due to start early this year on stage one of the project, 228 apartments near the former David Jones building, after the units largely sold off the plan then won development consent from the Joint Regional Planning Panel.
The panel has now given concept approval for all four stages of the “EastEnd” project, which will transform the southern side of the mall into 500 units, ground-floor shops and landscaped laneways.
Artists’ renders of the plans show a landscaped Morgan Street extending into steps leading up to King Street near Christ Church Cathedral, and a laneway winding east-west from Perkins to Newcomen streets.
It is understood the former Lyrique Theatre building, with its unusual portico, could be incorporated into the Wolfe Street entrance to the laneway.