Fidler and Webb project update

THE Melbourne-based developer overhauling the dilapidated Fidler and Webb building has ended speculation the development has been sold to the Coles Myer Group.

Developer GLG proposed a $35m overhaul of the site last year, however demolition was pushed back amid delays in the development assessment process.

The blueprint for the project is still being processed by the State Development Assessment Commission.

GLG director Campbell Blennerhassett spoke with The Border Watch last week and confirmed the development had not been sold.