With a $4.7 billion budget for infrastructure and land development last year, Bendigo Regional Council (BRC) is trying to build on a decade of success.
In 2014, the council won a $2.5 billion development deal from the Australian Government to build the Bendigo Development Center on the site of a former industrial site.
With a further $1.4 billion budget in 2020-21, the centre will include a health, social and educational centre, as well as a community health centre.
The project is being built on land which was used to make up Bendigo City Council’s land-use planning process.
It will include new buildings, a community park, a residential community centre and a school.
“We have a strong track record of delivering on the promises of our funding,” said Mayor Andrew Breslau.
“This is a major step forward in delivering on our vision of delivering the best for the community.”
A major investment in infrastructure and public infrastructure has also been put in place for the new centre.
It is expected to have a workforce of 10,000 by the time it opens.
“The project will transform the city and create a vibrant, attractive and sustainable community for the Bendigoes,” Mayor Andrew Caulfield said.
“It will provide a significant economic boost to the community, and is expected in the next 10 years to create at least 300 new jobs in the Bendiogoes and attract thousands of new residents.”
The project will also have a social impact, with the council hoping to generate $3 million annually in new tax revenue.
“Bendigo is a well-established city with strong social and economic diversity and we are excited to be bringing in Bendigo’s best-in-class infrastructure and planning to help deliver on our ambitious goals for the future,” said John Bresler, Bendigo Regional Council manager.
The council hopes the centre’s infrastructure will improve the health and wellbeing of local residents.
“There is a real need to get people back to work and to take advantage of the opportunities available in our area,” Mr Caulford said.
It’s the third major development in the city for Bendigo, after the Bendige Centre for Arts and Cultural Innovation and Bendigo Arts Park.
“I know this project is going to be a game-changer for Bendigos’ future and I want to thank everyone involved,” Mr Breslin said.