THE State Government has allocated $30 million in its 2019-20 budget towards carrying out site works at the iconic East Perth power station, paving the way for development of the site.
It is envisaged a future development will celebrate the heritage of the former power station building, provide public access for the community and ensure there are social and cultural benefits for Western Australians.
The 8.5ha site also provides the opportunity to create a new Metronet precinct around East Perth station with new housing opportunities, improved access to public transport and better connectivity with the Swan River.
Master Builders WA executive director John Gelavis said embattled builders welcomed the announcement, with major investments of this sort creating certainty, boosting activity in the sector and creating much needed jobs.
“All sectors of the building and construction industry reported a decline over the year including residential, civil and commercial, due to the economy moving through the production phase of the mining sector, softening in population growth and a tightening in national credit conditions,” he said.
“Master Builders congratulates Premier Mark McGowan for recently announcing increases in Keystart income limits, allocating significant investment in major development projects such as the East Perth Power Station and focusing on important infill projects that support the building industry and address the challenges we face.”
“(We) look forward to more projects and announcements like these in the future and the passing through parliament of the important Infrastructure WA Bill 2019, which will provide certainty to the industry, create jobs for builders, subbies, suppliers, apprentices and the many associated with one of the state’s largest employers”.