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50% cost jump for City’s interchange

FUNDING

29 September 2017
 

A proposed transport interchange in Wolverhampton city centre has been hit by a 50% rise in costs.

The project features rebuilding the city’s the rail and bus stations, extending a multi-storey car park, and building a new Midland Metro stop. 

The project budget was set at £51.8m last November. But Tim Joyce, Wolverhampton’s strategic director for place, told councillors the cost has risen to “approximately £75.0m”.

He blamed a number of factors,...

+58% more

 

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