Lismore construction boom triggered by hospital upgrade
LISMORE is poised for a construction boom with developers wanting to kick off projects as the city reaps the benefits of the massive public sector investment into the Lismore Base Hospital and other projects.
Lismore City Council manager for economic development Mark Batten said the council had taken a “red carpet rather than red tape” approach to investment, which culminated in the launch of the Lismore Prospectus last year.
The document was designed to package and promote Lismore’s potential to private investors and government, and demonstrating that investing in Lismore would “pay dividends”.
Where the money is being spent:
Lismore Base Hospital
The $260 million Stage 3 upgrade of Lismore Base Hospital is one of the biggest one-off investments in the city’s infrastructure. It includes a $9.27 million Lismore Base Hospital multi-storey car park.
Bennetts office development
Lismore Chamber of Commerce president Andrew Gordon, Lismore City Council’s executive director of Sustainable Development Brent McAlister, Lismore Mayor Jenny Dowell and Bennett Constructions director Darryl Piper at the $10 million Bennetts office development site.
Lismore Home & Leisure Centre
The planned Lismore Home & Leisure Centre will include nine large retailers, a 355-space car park and dedicated cafe precinct with outdoor dining, children’s play area and parents’ room, plus taxi and mini bus drop-off areas.
The $15 million large format retail centre on industrial land next to the Lismore Airport is set to create 300 jobs and is The Lismore Home & Leisure Centre project is underpinned by the new $5 million Lismore Toyota dealership., which started construction last week on the same site.
The $5.8 million art gallery upgrade will involve the Regional Gallery moving to the CBD as part of the new Lismore Quadrangle project.
There will be a cafe/bookshop outlet with an outdoor piazza/community gathering space.
Quest Apartment Block
A $13 million Quest apartment block development on the corner of Dawson and Molesworth Sts is increasingly likely after the last council meeting.“We had the data to support serviced apartments, and Quest saw a great business opportunity and took it,” Mr Batten said.
The first land releases of the long-awaited 1500-lot residential subdivision on the North Lismore Plateau is set to kick off in the next 12 months. During the next five years the city is expected to undergo a crucial rebalancing to the west which would benefit the CBD.
WHAT DO YOU THINK? Do you think these projects are top priorities for Lismore at the moment? Or would you like to see money spent in other areas?
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