25 September 2018

Federal Coalition Government invests millions in major Geelong Waterfront redevelopment

JOINT STATEMENT with The Hon Alan Tudge MP, Minister for Cities, Urban Infrastructure and Population

An additional $3.5 million commitment from the Coalition Government has ensured the eagerly anticipated Geelong City Deal is one step closer.

This new Federal funding on top of an existing $2 million Federal commitment will contribute $5.5 million to public infrastructure works and a wave attenuator to protect the harbour from incoming waves ensuring a more enjoyable experience for those on land and on water.

Minister for Cities, Urban Infrastructure and Population Alan Tudge said this funding as part of the Geelong City Deal would unlock investment and revitalise Geelong’s waterfront and city centre.

“The Coalition Government’s investment in the waterfront redevelopment shows the belief we have in the Safe Harbour Precinct as a tourist destination, Mr Tudge said.

“This investment will help transform the precinct’s dilapidated infrastructure to ensure year-round access and use for families, the community and visitors,”

Each year the waterfront precinct hosts the Festival of Sails, which injects around $15 million into the local economy.

It also supports other key events such as the biennial Wooden Boat Festival and major yachting events – all of which will support the Geelong regional economy into the future.

Federal Member for Corangamite Sarah Henderson said the redevelopment builds on the earlier investments in the Geelong waterfront which were driven by the Kennett Government in the 1990s.

“Greater Geelong is a vibrant and resilient community of 230,000 residents but we all know the area has its challenges in changing economic times – through the City Deal, the Australian Government is committed to supporting the city’s continued revitalisation and growth,” Ms Henderson said.

“This investment includes a redeveloped all abilities Victorian Sailing School which will provide young people including those with a disability with life changing opportunities.“

“This project will deliver better access to the waterfront for visitors, public infrastructure works and a wave attenuator to protect the harbour from incoming waves ensuring a more enjoyable experience for those on land and on water.”

Terroir Pty Ltd will partner with local Geelong firm, Tract Landscape and Urban Design, and Wood and Grieve Engineers, to produce the masterplan and designs for the Waterfront Safe Harbour Precinct Redevelopment.

The project will receive funding of $5.5 million from the Coalition Government, $7.5 million from the Victorian Government, $3 million from the City of Greater Geelong and $3 million from the Royal Geelong Yacht Club.

25 September 2018