Creative Property Holdings remains engaged in the process of acquiring the site at 41-55 Paterson St – which will form a key part of the Launceston Creative Precinct.
We are currently addressing contractual aspects via the appropriate legal process. This has unfortunately resulted in delays to the project.
We remain focused on our vision and our enthusiasm for advancing this development is stronger than ever. We are confident of reaching a resolution in the coming months and look forward to sharing further announcements regarding this CBD-transforming project.