A LOCAL theme park will pay for the cost to redevelop the carpark on the southwest corner of the Gwilliam and Progress drives intersection in Bibra Lake.
The carpark, used heavily by Adventure World patrons between September and April, was built in the 1980s but has deteriorated heavily.
City of Cockburn said the refurbishment of the carpark was on its long-term asset management plan, although work was unlikely to start for several years.
However, Adventure World has offered to pay about $1.4m to redevelop the carpark and cover maintenance costs of $37,000 each year.
The upgrade will increase the number of car bays from 600 to 712, with seven additional disabled bays.
The deal will see Adventure World exchange its current lease arrangement, paying $10,000 per annum, for a peppercorn lease of $1 per year.
The licence will be non-exclusive, meaning Adventure World patrons and the public have equal rights to a parking spot.
Adventure World chief executive Mark Shaw said the local tourist spot was keen to update the carpark’s look and design, allowing more spaces, wider pathways, more pedestrian crossings, improved drainage and landscaping and more lighting.
Work will be undertaken over winter.