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Newcastle's $1.4bn construction boom

PROJECTS worth $246.5 million on Hunter Development Corporation's books for early this year are set to provide a stimulus for the region.

The major spending boost follows a busy 2009, in which the $95 million Lee Wharf stage three residential development was completed, parks built and new commercial tenants moved in to Honeysuckle.

The corporation paid consultants $207,915 for work on the Newcastle City Centre Renewal Report.

It recommends building a new bus and rail interchange at Wickham, creating a city university campus and moving the justice precinct.

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