Infrastructure growth plans in the making
Tuesday 19 June 2018
Council has lodged two expressions of interest with the NSW Government’s Growing Local Economies Fund, seeking a combined $23 million.
If successful, AlburyCity will be invited to proceed to a full application process. Funding will be sought to further redevelop Wagga Road (Stage 2) in Lavington, with the second project comprising the construction of enabling infrastructure at the Nexus Industrial Precinct.
The Nexus project will support the development of common or shared enabling infrastructure to service existing and future tenants of the precinct and unlock the full potential of this highly significant regional manufacturing, transport and logistics hub.
A 450 ha site in Albury's industrial growth area at Ettamogah, Nexus is 10km from the Albury CBD, and has been zoned to support large scale 24/7 industrial development. A comprehensive masterplan for the long term development of the precinct, in five stages, was undertaken in consultation with the six major landholders in 2009.
In order to meet the transport and energy requirements of existing tenants and drive future private investment and jobs, a range of infrastructure works has been identified as being critical. Identified works included:
- augmentation of the city's water and sewer network and upgrades to electricity supply
- installation of roundabouts at key intersections
- extension of the rail siding servicing the Ettamogah Rail Hub
- reticulation of industrial natural gas supply
- creation of southern ramps at the Davey Road interchange on the Hume Freeway
These works will complement the Stage 1 subdivision works already underway to ensure fully serviced land parcels are investment-ready and available to the market this year.
The Wagga Road Revitalisation (Stage 2) is a major upgrade project that aims to strengthen the underlying economic and social conditions in the Lavington CBD. As the northern gateway for the greater Albury region, the project will deliver major improvements to the streetscape, access and safety.
The project has a strong economic value through the creation of 31 ongoing jobs, and a contribution of approximately $5.1 million in net community benefit.
As well as generating wider community benefits including amenity, sense of place, community participation and improved visual appeal, the project will also drive new investment in the precinct with uplifts expected across economic, social and environmental criteria.
Major upgrades of the streetscape between Kaylock Road and Barlow Street, Lavington, will take place including tree planting, pathways, improved parking and intersection connectivity.
We look forward to receiving advice from the NSW Government prior to the end of the financial year as to our success or otherwise in bringing these projects one-step closer to reality.