Now that PGCC project is dead, what next?

As we all know, Chief Minister Lim Guan Eng has announced that the Penang Global City Centre project is as good as dead since its application was rejected when the developer failed to follow the council's schedule.

So, the question now is what happens to the Penang Turf Club land? What will happen to the land which was converted by the previous government to allow the developer to build residential properties there?
The land was initially slotted for recreational use and has since been converted for residential and commercial development.

So, will the state government be able to convert the land back to open recreational land?

Don't ask me. I wouldn't know but if you want to know, Penang Heritage Trust is organising a forum to talk about the future of the Penang Turf Club land. Here are the details:

Venue: Dewan Sri Pinang

Time: 9am - noon

Date: Sept 14