GEORGE TOWN: One of the two projects in the heritage core zone affected by George Town's Unesco world heritage listing has received the nod to proceed after amendments were made to its original plans.

Penang local government committee chairman Chow Kon Yeow told The Edge Financial Daily, Asian Global Business Sdn Bhd's (AGB) Pier Hub @ Weld Quay had finally been given the planning permission to proceed with the project by the Penang Island Municipal Council (MPPP).

AGB's planning permission for the RM400 million project, which was granted in November 2007, was not renewed by the MPPP in November 2008 due to the controversy surrounding the height of buildings in the project.

AGB had submitted plans for a 13-storey 100-room hotel called the Rice Miller Hotel, a 100,000 sq ft commercial plaza, a 160,000 sq feet retail podium, 23 small office/home office (SoHo) townhouses and 105 condominiums.

The size of the project was cut down drastically in a new plan submitted sometime in middle of this year to conform with the 18-metre or five-storey height restriction specified by Unesco.

AGB's development is one of four projects approved by the MPPP before Penang's inscription as a World Heritage site by Unesco on July 7 last year.

Boustead Holdings, like AGB, was previously allowed to build a high-rise project within the core heritage zone. The project, the 51.7m Royale Bintang Hotel in Downing Street, cost RM100 million.

As for the E&O Hotel's 17-storey expansion project and Low Yat Group's 23-storey project along Jalan Sultan Ahmad Shah, an 84m height limit was set by the council.

However, Chow said the state government was still hopeful that talks with Boustead would result in an amicable solution.
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