Planned high-rise developments are under threat in Parramatta’s CBD, including a $1.6 billion twin-tower project proposed by GPT Group, due to the state government’s refusal to accept guidelines on their maximum size advocated by the City of Parramatta.
GPT’s proposed 57-storey office tower in Parramatta is under threat.
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Martin Kelly is a property reporter based in Sydney covering all aspects of commercial and residential real estate including major deals, market trends and developments. Email Martin at martinkelly@afr.com