Last week, the $25 million Ballarat Station Precinct upgrade commenced the second stage of the commercial procurement process. Four consortiums have been short-listed and invited to take part in the Request for Proposal (RFP) phase. This process will take 12 weeks to complete and will close on June 17 2016.
Project objective:
The objective of the redevelopment is to transform the Ballarat Station Precinct into a commercial, cultural hub for locals, commuters and visitors. Being the gateway to the city and the entire Western Victoria region, this project will benefit the community as a whole on a daily basis, providing a range of commercial attractions and a safer, more efficient transportation intersection.
The Victorian Government acknowledges the historical significance of this precinct and therefore sees this upgrade as an opportunity to remediate and conserve this site.
Construction commencement date:
Mid 2017.
Cost:
The Labor Government has invested $25 million toward the redevelopment of the Ballarat Station Precinct. The estimated total cost to complete the project is $50 million, attracting private sector investment to the precinct.
Benefits:
The precinct upgrade is set to attract a range of private sector investment which in turn will create new jobs, boost the economy and increase the tourism to Ballarat. The project will improve amenities and community culture for those using the precinct such as commuters, pedestrians, visitors and the wider community.
The redevelopment is proposed to include:
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