The Andrews Labor Government is providing $40,000 to produce a business case for the
redevelopment of the picturesque Point Grey Precinct in Lorne to boost the area’s tourism appeal even more.
Situated at Lorne’s southern entry point, the Point Grey Precinct is a significant social, environmental and economic asset, but its buildings, and park spaces are ageing and in need of revitalisation.
Member for Western Victoria, Gayle Tierney today announced the investment on behalf of the Minister for Regional Development, Jaala Pulford.
The $90,000 project, which includes a $50,000 allocation from The Great Ocean Road Coast Committee, will deliver a business case for redeveloping the Precinct, including a cost benefit analysis and an outline of the potential economic and social benefits.
The Great Ocean Road Coast Committee has worked closely with the Lorne and Surf Coast community to develop plans for the precinct upgrade to-date, and proposes a $6 million redevelopment including:
– Redevelopment of two existing buildings, including a stand-alone aquatic and angling clubroom, featuring an opportunity for private sector investment
– Improvements to public open spaces
– Picnic and BBQ areas
This project will be further supported by the Great Ocean Road Committee’s development of the adjacent Queen’s Park caravan park.
The tourism industry is vital to the Great Ocean Road regional economy, contributing 10.8 per cent towards the total economy and generating over $1.9 billion annually.
This project is being funded through the $500 million Regional Jobs and Infrastructure Fund, which is boosting regional jobs and making rural and regional communities even better places to live, work and visit.
Consultants, Dench McLean Carlson, have been appointed to prepare the business case.
Quotes attributable to Minister for Regional Development, Jaala Pulford
“We’re investing in infrastructure projects that help regional economies grow. Sites
ike the Point Grey Precinct have enormous potential to support employment, drive tourism and deliver strong economic benefits to the area.”
Quotes attributable to Member for Western Victoria, Gayle Tierney
“Creating a strong business case for the redevelopment of the Point Grey Precinct is an important part of the continual process of revitalising Lorne and the surrounding area.”
Quotes attributable to Richard Davies, Chief Executive Officer, Great Ocean Road Coast Committee.
“We welcome the additional funding for the Point Grey Precinct Business Case and
look forward to progressing this project over the next few months. “
“The Great Ocean Road Coast Committee is committed to managing public land with the
community for the benefit of ours and future generations of residents and visitors to the beautiful Surf Coast.”