Mr Britza asks the Minister for Planning to update the house on the Elizabeth Quay land sale announcement. The Minister details the Chevron purchase and progress on other lots and related projects.

AnsweredQoN 732Legislative Assembly
Asked
12 November 2013
Portfolio
Planning

QuestionView source ↗

ELIZABETH QUAY — LAND SALES
732. Mr I.M. BRITZA to the
Minister for Planning:
I am aware of the major announcement
the minister made last week with the Premier concerning the first land sale at
Elizabeth Quay, and I would like the minister to update the house on that
significant announcement.

AnswerView source ↗

I thank the member for the question.
The Elizabeth Quay project is, of course, one of the major projects in the
Perth CBD that is transforming Perth as the capital of the state, and one that
has been debated and proposed in various forms over a number of decades. This
government made the decision to not only announce and design the project, but
also actually go ahead with it. It is now very much becoming a reality with,
for example, the construction of the inlet having commenced, the major services
having been relocated, and work having been done on the sewerage line and the
main drain under William Street, and the installation of major new electricity
infrastructure. A very significant point was reached last Friday, when I was
pleased to visit the site with the Premier and the managing director of Chevron
Australia, Mr Roy Krzywosinski, to announce that Chevron had decided to
purchase two of the lots, which I understand it will be amalgamating, for $64 million
on the corner of The Esplanade and Barrack Street. That is a very strong sign
of confidence in Perth, Western Australia and the Elizabeth Quay project. A
major international company of substantial standing would not decide on a
purchase such as that unless it was confident in the future of Perth and the
quality of the project being undertaken. Chevron will now be able to construct
a building of up to 36 storeys. The building will need to demonstrate
excellence in design, as will all the buildings in the Elizabeth Quay precinct,
and careful attention will be paid to ensure that the building appropriately
interacts with the public spaces and promenades.
Lots 9 and 10 on the Elizabeth Quay
precinct have been on the market now for over a year, and negotiations are well
advanced with the preferred proponent for the development of a five-star hotel
and residential apartments. Lots 5 and 6 are also on the market for expressions
of interest, and I understand that there is a strong level of interest. The upgrading
of the Barrack Street jetty precinct will soon commence, and by roughly the end
of next year we will see some major changes to that precinct.
While I am talking about central
city projects, I will refer to the other major project very close to the CBD—the
Perth City Link project. The newspaper reported this morning that decisions had
been made about the names of streets and roads in the Perth City Link project.
While I understand there have been some preliminary discussions, there has not
been any formal application for road naming at this stage. It is under the
responsibility of the Minister for Lands in direct terms. This is a major
project and the state government will take a close interest in the final
decisions, but at this stage we are not anywhere near that point.

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