"MOST SIGNIFICANT" GAMES PROJECT UNDERWAY

"MOST SIGNIFICANT" GAMES PROJECT UNDERWAY

GOLD Coast mayor Tom Tate has described the $122 million Carrara Sports Precinct as "the most significant venue infrastructure project" for the Commonwealth Games, as construction begins today.

Tate says the Precinct will be "the centrepiece for the Commonwealth Games" when they begin in 2018.

"While Carrara has undergone a series of redevelopments over the years, this project will transform the area around the stadium into a truly world-class sports precinct," he says.

"As a major hub for both elite and community-based sports, the Carrara Sports Precinct will be the premier location for high-performance training and competition, major events, and local sports development.

"The legacy this project will deliver will be one that Gold Coasters enjoy for generations to come."

Premier Annastacia Palaszczuk and Commonwealth Games minister Kate Jones joined the mayor to mark the commencement of the project's first stage.

Jones and Tate recently met to bolster the partnership between city and state, and address warnings from the Auditor-General that the Games' economic benefits were "at risk."

The City of Gold Coast has committed $100 million to the Games.

Palaszczuk says the Carrara Sports and Leisure Centre will be the first of four projects in the Precinct that are scheduled to be delivered over the next two years.

"This is a key Games venue that is generating 400 jobs during design and construction," she says.

"These projects aren't just about the Commonwealth Games.

"They're creating jobs and they're helping strengthen the regional economy."

Get our daily business news

Sign up to our free email news updates.

 
Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

Abu Dhabi fund ADQ buys 49pc stake in infrastructure investor Plenary for $1 billion

Abu Dhabi fund ADQ buys 49pc stake in infrastructure investor Plenary for $1 billion

Abu Dhabi-based sovereign wealth fund ADQ has reached a deal to buy...

State pouring $30m into Great Keppel Island after Rinehart backs out of resort plans

State pouring $30m into Great Keppel Island after Rinehart backs out of resort plans

The Queensland Government is injecting $30 million into an upgrade ...

‘Heat of the moment’: The Star’s chair regrets inflammatory texts with CEO

‘Heat of the moment’: The Star’s chair regrets inflammatory texts with CEO

The Star Entertainment Group’s (ASX: SGR) executive chairman ...

Vastly bigger than the Black Summer: 84 million hectares of northern Australia burned in 2023

Vastly bigger than the Black Summer: 84 million hectares of northern Australia burned in 2023

It may come as a surprise to hear 2023 was Australia’s bigges...