Tesrol withdraws its application

Tesrol has withdrawn its application for a mixed-use commercial development on The Esplanade at Ettalong Beach until a draft City-wide Local Environment Plan is placed on exhibition.

"After extensive consultation with Gosford Council and the local community, the company has decided to withdraw the current application until the draft City-wide LEP is placed on exhibition in March 2008," said Tesrol development director Mr Nigel Fox.

"We understand that the draft City Wide LEP will include many of the planning provisions this development will require to proceed.

"Those provisions do not currently exist under the old Gosford planning scheme which has made it difficult for Council staff to assess the proposal.

"It is intended to review the plans once the draft LEP is exhibited with the view to relodging the development application in April 2008.

"We have consulted with the Council and the local community taking on board the concerns raised during the assessment of the current development application. "Depending on the content of the draft LEP, there may be some changes to the development scheme."

The current plan includes 1384 square metres of ground floor commercial floor area and 58 residential apartments looking over Ettalong Beach."

Mr Fox said the company was "highly conscious" of the scale and character issues associated with the development of the site.

"However, we are confident that we can accommodate these issues and still produce a commercially-viable building that delivers for the village of Ettalong Beach," Mr Fox said.

Press release, 2 Oct 2007 Nigel Fox, Tesrol Holdings