LNP to pledge $150m for stadium in Townsville CBD
PREMIER Campbell Newman has promised $150 million for a new stadium in Townsville’s CBD, if the Liberal National Party wins the election.
Mr Newman, who will be in Townsville today to make the funding announcement, said the stadium was crucial to encouraging urban renewal projects on the southern edge of the CBD.
“This project will revolutionise Townsville’s sport and entertainment facilities and be a catalyst for further urban renewal of old industrial land near Ross Creek,” he said.
“It is a long-time plan to rejuvenate the city in the mould of Newstead in Brisbane and Docklands in Melbourne.
“We will now work with the NRL and the local council to deliver this for Townsville.”
The money would be used to build a stand-alone stadium in the CBD, which has been costed at $210 million, with the opportunity to build an entertainment centre attached to the facility at a later date.
Under the LNP plan, a re-elected Newman Government would mandate the rail yards be moved to the Townsville State Development Area and the South Townsville site would be master planned.
A priority development area would cover the current rail yards and include a new sports, entertainment and community precinct to encourage investment in the area.
Mr Newman said the decision to move the rail yards out of the CBD would provide huge benefits to the city.
“Our strong plan maps out a vision to get heavy industry out of town, create development land to ensure more people can live in the area and provides funding to deliver the first stage of our ongoing commitment to revitalise the CBD,” he said…
Read more by Anthony Templeton, Townsville Bulletin 14 January 2015