Canberra Times: Prime commercial sites passed in at Civic auctions (22 June 2010)

The following article has been reproduced from the Canberra Times: Prime commercial sites passed in at Civic auctions JOHN THISTLETON A glut of commercial development space in Canberra and fears of a legal challenge over a planning amendment on City Hill are being blamed for two premium development blocks at Civic being passed in at auction yesterday. Billed as ”sensational”, ”the pulse of the city” and the ”city’s ultimate address”, the London Circuit car park sites failed to meet the ACT Government’s reserve price.