A better deal for Geelong and the Shipwreck Coast01/05/2018
Geelong is another step closer to its own world-class Convention Centre, thanks to a Budget boost from the State Government.
The Victorian Budget 2018/19 invests $153.2 million towards the Geelong City Deal, with funds going to build the new Convention Centre, progress the Shipwreck Coast Masterplan and advance a strategy to revitalise the city’s centre.
The Budget will help kickstart the Geelong Convention and Exhibition Centre, the much talked about project that will breathe new life into Geelong’s iconic waterfront, while attracting new visitors and creating new local jobs.
The Convention Centre will boast 3,700 square metres of multipurpose space configured to incorporate an exhibition hall and banquet room, and a plenary hall with at least 1,000 seats.
The Centre will include breakout rooms and circulation spaces with views of Geelong’s beautiful waterfront and natural light throughout.
The Convention Centre will also be designed to allow for future expansion as it cements its world class reputation.
The Government is also progressing with delivering for the Shipwreck Coast – an international icon and a key tourism attraction – which draws well over two million travellers each year.
While the numbers of visitors are impressive, current foot traffic puts pressure on both the environment and the existing infrastructure.
That is why the Government wants to get on with the next stage of the Shipwreck Coast Masterplan, including a Glenample Visitor Experience Centre, a shuttle service between Glenample and Loch Ard and infrastructure improvements to the Twelve Apostles National Park.
The project is also expected to attract significant private sector investment in nearby towns to deliver a truly world class visitor experience at this iconic location.
The City Deal will also support further work on the Revitalising Central Geelong Action Plan – Malop Street Green Spine Project, to create new parkland connecting a redeveloped Geelong Station precinct, Johnstone Park and the Arts Precinct to Geelong’s retail core, and ultimately to Eastern Park.
Released in 2016, the Revitalising Central Geelong Action Plan (PDF 513.5 kb) sets out the Government’s plan to rejuvenate central Geelong over the next decade, with a long-term aim to reinvigorate the overall local economy, with more investment, extra visitors and new jobs.
The Geelong City Deal is expected to inject an additional $1.1 billion into the Geelong economy and deliver nearly 1,000 Victorian jobs per annum.
The Government has already committed $7.5 million to Stage 1 of the Geelong Waterfront Safe Harbour project and will continue advocating for the Commonwealth to contribute the final $3.5 million required to deliver this project.
The Government will continue to engage with the Commonwealth on the landmark Geelong City Deal and seek matching funds to deliver these world class projects.