THE developer behind the proposed Craggy Ridge Estate says the state government's decision to knock back the West Tamar interim planning scheme has cost him $600,000.
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The scheme contained zoning to enable his $50 million residential ecotourism development at Grindelwald.
Mike Dean said he would now lodge a development application for it under the existing 17-year-old planning scheme as he'd planned in 2010.
"Two years ago everyone pleaded with me to wait for the new planning scheme and now, what a joke," he said.
"I've wasted $600,000 and now I've got to go and change all the documents to start again.
"Quite frankly I just feel like packing up and going to Queensland."
The reconfigured Craggy Ridge will not include the residential component as this is prohibited under the existing scheme.
Planning Minister Bryan Green wrote to the West Tamar and Meander Valley councils last week informing them of his decision.
The councils have been directed to remove a raft of provisions from their schemes including one that would have allowed subdivisions to go ahead without a development application if it met planning requirements.
They have also been told to remove certain zonings, including all the rural living zones in Meander Valley that don't exist in the current scheme.
"It is important to remember that councils and their communities will have an opportunity to have any outstanding issues addressed through the formal assessment process which commences as soon as the new schemes are in place," Mr Green said.
The councils will discuss a response at their December meetings.