
The scrapped London Quarter project, set to house three federal government tenants on a prime city block, could have been worth more than $1.5 billion in Commonwealth leases over 25 years.
The Canberra Times on Friday revealed Walker Corporation had pulled the plug on plans for the 11-storey building on the corner of London Circuit and Northbourne Avenue, after the National Capital Authority requested the project be revised by "height, size and scale".