Published on 05 September 2015
LIVING CITY Stage 1 moves a step closer today as a result of the Devonport City Council’s advertisement for suitably qualified and experienced construction companies to submit expressions of interest in a multi-stage tender process.
Devonport City Council Mayor Steve Martin said the release of the construction tender was a significant project milestone.
“The release of the construction tender means we are one important step closer to seeing construction activity on LIVING CITY. It is exciting to see a vision that has been five years in the making, be so near to becoming a reality” said Mayor Martin.
“We are keen to hear from local construction companies with the capacity to undertake the project”.
“Council’s goal is to ensure LIVING CITY generates local employment, with over 800 direct and 2,000 indirect jobs expected to be created over the construction phase of the project” continued Mayor Martin.
Stage 1 of the project is currently valued in the vicinity of $60-$70 million. The construction tender will determine the market price for the project.
A new multi-purpose civic building, food pavilion, multi-level car park and outdoor market square comprise Stage 1.
The tender also allows proponents to put forward alternative building materials and construction methods to further reduce construction and operating costs.
It is anticipated that Council will shortlist suitably qualified proponents in October and make a decision on the successful tenderer in late 2015.
Construction is set to commence in early 2016, subject to finalising the funding model and securing all necessary approvals. The first stage is expected to be operational in late 2017.
Independent analysis has identified significant benefits across the entire Cradle Coast region as a result of LIVING CITY and the strategy has strong support from both the Federal and State Governments.
Funding of $10 million from the Australian Government through the National Stronger Regions Fund was announced earlier this year.