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Melbourne (ANTARA News/Asia Pulse) - A controversial A$260 million (US$240.01 million) redevelopment of Melbourne's historic Windsor Hotel has been approved. The project - at the centre of a leaked email scandal - has been given the green light, with minor conditions.

Victorian Planning Minister Justin Madden said he accepted the recommendations of an independent advisory committee that the development should go ahead. "The advisory committee found that in terms of permissions required under the Melbourne Planning Scheme there was no reason why a permit should not be granted," he said.

"In fact it found that without the redevelopment the hotel would only decline and that the expanded hotel required at least 300 new rooms to make the refurbishment economically viable."

Source:
Business in Asia Today - March.18, 2010
published by Asia Pulse

Editor: Ricka
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