Project Funding Secured

In November 2008, council approved the concept design and $56.6 million cost plan. In March 2009, the State's contribution of $18.9 million was secured, with Federal funding of $16.2 million announced in April. The remaining amount will be funded by council, with a contribution from property owners derived from a reserve fund set up with monies collected from the Special Area Benefit Rate.

For clarification of details or further funding please contact:

David Lynch
Executive Manager
Economic Development and Strategic Projects
Townsville City Council
PO Box 1268
TOWNSVILLE QLD 4810

Phone: (07) 4727 9401
Fax: (07) 4727 9053
Mobile: 0428 730 626
Email David Lynch

“The institute strongly supports the upgrade of this vital precinct of Townsville particularly in view of the need for improved amenity that will also enhance the attractiveness of the area…”
Brian Stewart, Chief Executive and General Counsel, Urban Development Institute of Australia Queensland