Iconic Scarborough twin-towers developer, the Chinese-controlled 3Oceans, and its high-profile public face Dyno Zhang have parted ways.
The former 3Oceans managing director has updated his LinkedIn profile to reflect the change — he became a director of Dynomite Consulting in December. 3 Oceans yesterday confirmed Mr Zhang departed after “a breakdown in communications” with the board.
It declined to answer questions about project delays, with building previously scheduled to start this month, but said it was “bolstering” its project team and appointing a general manager to replace Mr Zhang.
Mr Zhang last June secured development approval for the divisive $450 million high-rise tower from the Metropolitan Redevelopment Authority, reversing an earlier knockback.
The approved design, by Hillam Architects, includes a 43-storey and a 33-storey tower, a 119-room hotel and 314 apartments. There is to be a public viewing deck and art gallery atop the tallest tower.
Demolition of the former Contacio Bar, on the corner of West Coast Highway and Scarborough Beach Road, has finished.
Many local businesses and residents embraced redeveloping the derelict site, though Sunsets not Skyscrapers was opposed because the towers were more than twice the 18-storey height limit.
Despite 3 Oceans nominating Multiplex as a preferred builder, no contract was signed, raising questions about building delays. 3 Oceans said Mr Zhang’s successor would appoint a builder. Mr Zhang declined to comment.