Newcastle News

GPT’S POSITION UNLIKELY TO CHANGE

Developer GPT has dashed any hope it could reversing its decision to scrap its Newcastle CBD redevelopment.

State politicians and the region’s leaders gathered in Sydney last night to meet the company’s CEO.

While he said nothing’s about to change, the delegates emerged with a new plan to seek funding from the federal government for a transport interchange at Wickham.

“I really think that should have been done about two years ago and had it been done we would have been more of an assistance to GPT and that development, and therefore keep David Jones in the mall.”

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