Massive overhaul for Perth foreshore
Detailed design plans for the much anticipated redevelopment of Perth Waterfront were released by WA premier Colin Barnett this week.
Construction is expected to take about 30 months with the project due to be completed in mid-2014.
Premier Colin Barnett said cabinet had approved $270million funding for the Perth Waterfront Project in the 2011-12 State Budget.
“Preparation of the site will begin immediately after the Commonwealth Heads of Government Meeting in October this year which will pave the way for major earthworks for the exciting redevelopment of Perth Waterfront in early 2012,” he said.
“This is a significant milestone for the project and a tangible step towards its delivery.
“The new waterfront will ensure Perth remains a contemporary, liveable and globally competitive city.”
Mr Barnett described the foreshore as some of the best real estate in Perth.
The ‘Waterfront Promenade’ is the main feature of the project. It covers 1.5 hectares and links up with ‘The Island’.
The Island’ is designed to be a relaxed place for children and adults and is connected to the ‘Waterfront Promenade’ by a sculptural pedestrian and cycle bridge.
Want to see more stories from trusted news sources?
Make Smart Property Investment a preferred news source on Google.
Click here to add Smart Property Investment as a preferred news source.
Free investor loan check
Better property decisions start with smarter lending.
A free 15-minute finance check for property investors.
What are your lending goals?
Choose a goal to request a callback.
Ready to talk?
Book a 15-minute call →Finni Pty Ltd · Australian Credit Licence 384324 · Privacy