$300mil Adelaide project scrapped

Posted on 10/11/2009  

A $300 million residential-commercial development in Wayville will not go ahead. ``The Wayville'' project, which was granted major project status by the State Government, was planned for Goodwood Rd opposite the showgrounds. It included a hotel, shopping mall and apartments but the developers have since failed to settle on a contract to buy 4000m2 which formed a large part of the proposed site. Landowner Peregrine Corporation is now suing the developers for breach of contract  and will develop the corner site as a service station complex.

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