I have to say that it's helpful to have a local billionaire.
I have written about the future of the Newcastle CBD a number of times on this blog. I am not a Novocastrian, but as a New Englander interested in Newcastle as the North's big city, I have mourned the loss of Newcastle's CBD as a vibrant centre.
Having saved the Jets and Knights, it appears that Newcastle billionaire is interested in the CBD, with Buildev apparently acquiring a large section of the CBD from GPT. Buildev is not just owned by Mr Tinkler, but he is the person attention has focused on.
Neil Goffet's Newcastle Herald story,Tinkler town: mall and all, provides the details.
Have a browse through the comments. There are a lot of them. The sense I get is an overwhelming feeling of relief that someone is actually doing something after failures by Newcastle City Council, much more by the Sydney Government, to actually do anything to help. I hope that Mr Tinkler and his colleagues can deliver.