Leighton Holdings and Mirvac Group have been chosen as the developers for Perth’s City Link project by the West Australian Government, one that’s set to add a new hotel to the city.
The Leighton and Mirvac proposed master plan, with contract signing anticipated in 2014, is part of the wider AUD$5.2 billion Perth City Link project, which includes new hotel, offices, shops, cafes, bars and apartments, as well as new public spaces.
West Australian Planning Minister John Day said the Government’s partnership with Leighton Properties and Mirvac marked another key milestone in the delivery of this major project.
“In the next 10-15 years, West Australians can expect to see this area transformed with quality designed buildings, inviting public spaces and improved connections across the city,” Day said.
“This transformation will be led by private sector investment which is expected to reach AUD$3 billion for the 5.1ha land holding.
“This investment will create hundreds of direct and indirect jobs during construction, bolstering the WA economy,” he said.
The Minister said these plans were the final piece of the Perth City Link picture and would take us one step closer to reconnecting the city with Northbridge for the first time in more than 100 years.
Leighton Properties Managing Director, Mark Gray, said Leighton Properties and Mirvac shared a common vision with the State Government for Perth City Link.
“The consortium’s combined capabilities and experience positions us well to deliver a large, complex project of this magnitude,” he said.
“For Leighton Properties this means development delivery as well as the provision of public and private infrastructure in a staged and coordinated manner for the future benefit of the city and State.
“Perth City Link will link the Northbridge entertainment area with the CBD, and deliver a contemporary, integrated mixed-use environment accessible to locals and tourists alike.
“Perth City Link fits perfectly with our strategic focus of developing urban infrastructure that is high quality, innovative and sustainable in city centres around the nation.”
Mirvac Chief Executive Officer – Commercial, David Rolls, said Mirvac was very excited to have been named in joint venture with Leighton Properties as the successful consortium for one of Perth’s most significant CBD urban redevelopment projects.
“The leadership taken by the WA Government and the Metropolitan Redevelopment Authority to develop the Perth City Link will revitalise Perth and is designed to reconnect and complement the surrounding areas whilst providing a seamless integration with the adjoining transport nodes,” Rolls said.
Further details of the hotel component are yet to be released.