Cherry Bar opposes Justin Hemmes' new development project

Melbourne's Cherry Bar owner, James Young, is opposing a new development by Sydney billionaire Justin Hemmes. Hemmes plans to transform the Parkade car park into a multi-hospitality venue after the Melbourne City Council approved the $55 million sale. Young expressed concerns about the impact of construction on his venue, located nearby. He emphasized the need for communication during the lengthy build process, warning that street closures could deter customers from visiting Cherry Bar. The development includes restaurants, cafes, bars, a hotel, retail space, and a sky garden. Young's opposition highlights potential challenges for Hemmes' project and its effects on local businesses.