Will this ruin be reborn?

One of the depressing features in Wollongong are the various patches of blight brought about by economic and demographic changes in the past three decades. One recent patch is The Oxford Tavern.

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But is change on the way?

Wollongong’s derelict Oxford Tavern is finally on the market, sparking hope from nearby business owners that development of the downtown block is in sight.

Joint realtors Jones Lang LaSalle and MMJ Wollongong have called for expressions of interest from developers, listing the site’s CBD location and potential for a commercial, retail and residential complex up to 48 metres high as key selling points.

‘‘The prominent gateway location, wide street frontages and the generous land size provides a wonderful redevelopment opportunity,’’ a press statement said…

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