Perth City Deal
A new billion-dollar partnership between the Commonwealth Government, State Government and City of Perth has been finalised, unlocking economic benefits and opportunities for the Perth CBD.
The $1.7 billion City Deal will re-energise Perth, bringing government and private investment into the CBD, creating almost 10,000 jobs while encouraging more people back into the city creating flow on economic benefits for small businesses.
Edith Cowan University
The $853 million project to bring Edith Cowan University’s world-class Creative Industries, Business and Technology Campus into the heart of the city will form the centrepiece of the Perth City Deal.
Showcasing the WA Academy of Performing Arts (WAAPA) the development will create $1.5 billion of economic stimulus and more than 3,000 jobs during construction, as well as over 380 ongoing jobs.
It is anticipated that the campus will draw in around 10,000 students and staff to live, study and work in the CBD, improving vibrancy and stimulating the retail economy.
Please note this image is an artist impression and is subject to change
Murdoch University’s vertical inner-city campus and Curtin University’s historical heart cluster will see a further $300 million investment that will inject over 15,000 students and staff into Perth CBD.
The Murdoch campus will focus on digital innovation in delivering business, law and information technology disciplines, including an industry partnership with CISCO and an e-sports facility.
Curtin will expand its Graduate School of Business and Law, create a healthcare and clinical training facility, and expand its capacity to deliver short courses and post graduate programs in business technology, analytics and STEM.
Both developments will create 600 ongoing jobs.
Image Credit: Travis Hayto
CBD Transport Plan
$105 million has been allocated to connect, activate and future proof Perth’s communities through cycling and walking infrastructure upgrades, including the new $50m Swan River Causeway Bridge (pictured).
The plan will feed into METRONET, closing gaps on the shared path network while encouraging people to embrace new modes of transport.
These projects will create 758 construction jobs, and are essential to maximising the success of complementary City Deal commitments including investment in the education sector and cultural precinct and institutions.
Image credit: Main Roads | Design: ipv Delft international | Indicative image only - subject to change
Tourism & Cultural Infrastructure
Up to $100 million will be spent redeveloping the WACA and transforming it into a state-of-the-art sporting facility including an inner-city swimming pool. The redevelopment will support 250 direct and indirect jobs in addition to securing the current workforce of 120. A further $20 million will see immediate improvements to the Perth Cultural Centre precinct and the development of a longer-term destination vision for the space.
The Perth Concert Hall has been allocated $42 million to turn it into a premier world-class music venue and $20 million for the East Perth Power Station will see necessary infrastructure upgrades and improvements on connectivity to the site and surrounding areas while plans for redevelopment and preservation of the historic buildings and heritage progress. The development is expected to support 1,300 jobs when the precinct is fully operational.
Image credit: WACA
$18 million to establish a Robotics, Automation and Artificial Intelligence (AI) Command and Control Centre in Western Australia called the Australian Space Automation, AI and Robotics Control Complex (SpAARC).
SpAARC will incorporate three integrated facilities: a connected and secure control centre supporting multiple teams; a development and test centre supporting hardware and software simulation testing; and a training facility for qualification in terrestrial and space robotic operations.
The Complex will open the door for start-ups, small businesses and researchers to control robotics activities in space, including servicing satellites in orbit, creating new jobs and becoming a catalyst for further investment.
Photo credit: Guillermo Ferla on Unsplash
Cultural and Community
$4 million to conduct a pre-feasibility study to locate an Aboriginal Cultural Centre in Perth on the traditional lands of the Wadjuk Noongar people.
A further $10 million towards a WA Indigenous Business and Employment Hub in partnership with the Wirrpanda Foundation to provide support and advice to Indigenous businesses, job seekers and entrepreneurs.
$36 million to provide facilities, safety improvements and services for homeless people in the city.
3 levels of Government delivering
The great thing about the Perth environment is you can build your company here, and remain here while being able to reach a global market.
CEO & Founder, Moneycatcha