27
August
2018
|
07:33
Australia/Melbourne

Junction Place celebrates milestones

Regional Australia’s largest urban renewal project, Junction Place in Wodonga, will inject around $250 million into the local economy, increase visitation to the region and create local construction jobs as well as ongoing jobs in the retail, accommodation and hospitality sectors.

Today, Upper House Member for Northern Victoria Jaclyn Symes joined Wodonga Mayor Cr Anna Speedie, Council CEO Patience Harrington, local developer Clinton Williams from Central Place Pty Ltd, Sam Mustaca from United Cinemas and Development Victoria representatives, for a tour of the Junction Place project site.

The project has recently hit several key milestones, including the lodgement of a planning application for a $70 million cinema and entertainment facility. The proposed development comprises a 10-screen cinema offering in excess of 2,000 seats, an amusement centre, restaurants and national food and beverage operators.

Subject to Council’s planning approval process, Central Place will deliver Wodonga’s first cinema in partnership with United Cinemas – which has an established presence in NSW, WA and QLD. The cinema and entertainment facility is expected to commence construction in mid-late 2019, subject to planning and finance approval.

Junction Place is being delivered by the Victorian Government through Development Victoria, in partnership with local developer Central Place and in collaboration with City of Wodonga. The project is bringing new life to the former historic railway station and rail yards in central Wodonga. When completed, the project will double the size of Wodonga’s central business district.

The project will also deliver a four-star hotel and conference centre, commercial office space, residential housing and a market hall.

“Wodonga is the fastest growing regional city in north east Victoria and supports a wider regional catchment of 180,000 people. This project plays an important role in enhancing the vibrancy, liveability and economic profile of the regional city that will assist in capturing future population growth in the region," Ms Symes said.

“The $250 million project represents collaboration between all levels of government and the private sector and will be a game-changer for the region.”

The first stage of the precinct revitalisation saw the delivery of public open spaces (The Promenade and Junction Square) and refurbishment of heritage buildings on site, which now feature award-winning restaurants and cafes, creating a food and beverage precinct in the heart of Wodonga.

Ms Symes’ visit also marks the completion of early project works including a new road named “Aurora Way” by the Council’s Places Names Committee. It also celebrates the renaming of the former Bond Street within the development to “Jack Hore Way” in honour of the late Shire President. The Jack Hore family were present to mark this event.

For more information about Junction Place Wodonga, please visit the Development Victoria website.