EXP Capital Lodges $1.5 Billion Business Precinct Application in Maitland
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
EXP Capital has lodged a Development Application for Dalmore Park, a proposed $1.5 billion business and innovation precinct in Maitland, located in the Hunter Region. The 150-hectare precinct would include commercial, industrial, health, and research uses, and is planned over a 20-year program. The project is expected to generate over 8,370 jobs during construction and support more than 10,000 jobs once complete.
From channellife.com.au
Why it matters
The project is anticipated to involve over $1.5 billion in construction spending and is expected to contribute approximately $1 billion annually to the Hunter Region economy. Stage one of the precinct plans includes upgrades to the New England Highway.
From channellife.com.au
Who's involved
- MaitlandThe city where the proposed $1.5 billion precinct will be built.
- Hunter ValleyThe regional economy expected to receive a $1 billion annual contribution from the project.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- New South WalesSpeculative
New South Wales might see increased investment and job creation within the state.
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The entities involved
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Gavan Reynolds
Australian army officer
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Maitland
city in Orange County, Florida, United States
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