Frank Theeman Wikipedia: Victoria Street Developer Biography
Despite being the famous Victoria Street developer, Frank Theeman Wikipedia is not yet published.
Businessman and land developer Frank William Theeman, also known as Frank Theeman (1913–1989), was born in Vienna on May 28, 1913.
After leaving Vienna in the late 1930s, Frank Theeman went to Australia and worked his way up to become a very prosperous businessman.
“Theeman saw opportunities in the Liberal ascent to power in New South Wales in 1965, when planning restrictions were eased to open residential areas to commercial development.”
Theeman had formed tight political links with the Australian Liberal Party.
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Frank Theeman Wikipedia And Bio
Developer of land and businessman Frank William Theeman (1913–1989). By the 1970s, Sydney was undergoing significant transformation, and the Cross was caught up in it.
Frank Theeman, one developer in particular, thought the Victoria Street terraces could be a goldmine.
To concentrate on real estate development, he founded Victoria Point Pty Ltd., a family-run business. A $7 million purchase between March 1970 and June 1971 included $1.6 million of Theeman’s personal funds.
He emphasized that he saw Victoria Street as a “beautiful tree-lined street close to the city that needed rehabilitation” and that it needed to be rehabilitated.
Originally, it was planned to create three 45-story towers and a 15-story office block, which would have required the removal of all nearby structures.
Planning amendments enacted in the 1960s by NSW Liberal Premier Robert Askin deprived tenants of their rights while giving developers vast powers.
The removal of building height restrictions encouraged developers to purchase vast amounts of land because their building height was increased proportionate to the size of the block.
All around the city, modernist concrete office buildings and towering housing complexes for the upper class started to appear.
Residents voiced significant opposition and organized an action group.
Frank Theeman: Victoria Street Developer
Theeman saw chances in the Liberal Party of Australia’s rise to power in New South Wales in 1965, when zoning restrictions were loosened to allow commercial development in residential areas. Theeman had grown close to the party politically.
The leading opponent of the plan and owner of the local newspaper Now, Juanita Nielsen, persisted in her protests. She was thought to be dead when she was last seen on July 4, 1975.
Her corpse was never discovered. Shortly before Nielsen vanished, Theeman gave a sizeable payment to renowned Sydney figure James McCartney Anderson, according to the Commonwealth Parliamentary Joint Committee on the National Crime Authority’s 1994 investigation into Anderson’s affairs.
Theeman had stated that one of his sons would use the funds to launch a business.
“The last place Mrs. Nielsen was seen alive was at a club managed by Jim Anderson, a friend of Victoria Street’s developer, and owned by Abe Saffron,” said John Hatton, an independent member of the New South Wales Legislative Assembly.
Mr. Frank Theeman,” he revealed a response that was widely accepted. Regarding Nielsen’s disappearance, Theeman had insisted on his innocence.
The Victoria Street complex’s initial phase was finished in 1978. At Nielsen’s 1983 inquest, he stated that the enterprise had turned a healthy profit.
Frank Theeman Family Details
Born in Vienna on May 28, 1913, Frank William Theeman (1913–1989), a land developer and businessman, was the son of Jewish parents, Arthur Thiemann (d. 1936), a bank officer, and his wife Frieda, née Donreich. He was given the name Franz Wilhelm.
Franz worked in the family’s textile manufacturing company until the Nazis took it over in 1938.
On July 31st, at the Döbling Synagogue in Vienna, he tied the knot with milliner’s assistant Gisela Spiegel.
He and his mother were interned in November. After being freed after ten days with the need to depart Austria, he and his spouse went to Shanghai, China, where they waited for authorization to enter Australia.
They landed in Sydney in April 1939, were naturalized citizens in 1944, and subsequently spelled their last name Theeman.
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