Minister for Environment, Climate Change and Water Lisa Neville today (26 February 2016) announced significant improvements for the Geelong foreshore through public works as part of the $80 million Balmoral Quay development.
The public works will feature the renourishment of Rippleside and St Helen’s Beaches, drainage works, remediation works to the existing historic pier and the construction of a 600 metre promenade connecting the two beaches.
The State Government will provide $500,000 towards the cost of renourishing Rippleside Beach, with developer Balmoral Quay Pty Ltd (BQ) also making a major contribution to upgrading the foreshore area.
Ms Neville this week signed approval of the Development Agreement with BQ which covers the arrangements and requirements for the Balmoral Quay development.
As part of the agreement, the Government has negotiated an accelerated delivery of the public works, ensuring the benefits of the project are there for residents and visitors sooner.
The development comprises of 85 townhouses, 30 marina berths as well as approximately $3.4 million in public works.
It will deliver 1,360 direct and indirect jobs over the next four years, with construction set to commence shortly.
The Minister for Environment, Climate Change and Water Lisa Neville said: “This is an exciting urban renewal project just two kilometres north of the Geelong CBD – and will further enhance the reputation and status of the city’s waterfront precinct.”
“It will be great to see the renourishment of these beaches and establishment of the bayside walk, with the extensive public works set to ensure residents and the wider community will be able to enjoy Geelong’s historic and beautiful foreshore.”
the Member for Lara John Eren said: “I’m delighted we’ve been able to work with BQ to get these outcomes for our beautiful city by the Bay – they will enhance the visitor experience to Geelong, as well as improving the liveability of the area for local residents.”
Source: A state government media release