Council has agreed to endorse the Geelong City Deal, paving the way for more than $355 million in joint funding to be pumped into the revitalisation of the Geelong region and the Great Ocean Road visitor economy.
We will work with the federal and state governments to deliver infrastructure projects, which are set to create significant employment and attract more visitors to our region.
As part of the 10-year plan, Geelong's own Convention and Exhibition Centre will be constructed, the revitalisation of Central Geelong will continue, the Deakin University Future Economy Precinct in Waurn Ponds will be expanded and stage one of the Geelong Safe Harbour Precinct will be carried out.
Subject to budget endorsement, Council has committed to providing the following:
- $7.28 million towards the Gheringhap Street drain works
- $3 million for the Geelong Convention and Exhibition Centre
- $3 million to the Central Geelong Revitalisation Works
- $3 million towards the Geelong Safe Harbour project
- $900,000 into Smart Parking activities and
- $250,000 into Smart City initiatives such as safety cameras and Renew Geelong.
Council is focused on delivering a thriving, sustainable economy and growing our tourism, to support investment, employment and lifestyle opportunities in our region.
Mayor Bruce Harwood - Chair - Economic Development Portfolio
This is an exciting time for the Greater Geelong region. The Council and many others have worked hard for several years to get these projects funded, particularly the Geelong Convention and Exhibition Centre and the Geelong Safe Harbour plan.
The Geelong City Deal will deliver important infrastructure and upgrades that will increase employment opportunities for locals, improve our lifestyle and attract more tourists to our fine region.
Councillor Trent Sullivan - Deputy Chair - Economic Development Portfolio
We are tremendously lucky to have the deal, many cities are fighting for this funding and I recommend the funding. I do agree and share with the praises and frustrations outlined at last night's council meeting.
I would like to publicly acknowledge the work and advocacy of Mayor Bruce Harwood on this project.
