Hobart City Deal – an exciting time for Tasmania
Tasmanian Executive Director Brian Wightman said the Hobart City Deal presented huge opportunities and reiterated the Property Council of Australia’s long-held view that any deal must be leveraged to support continuous economic growth.
“The Property Council has advocated strongly for City Deals, particularly when they highlight the capacity for all three levels of government to collaborate successfully.
“City Deals must provide a platform for private sector investment and be used to deliver confidence, jobs, and opportunities for aspirational Tasmanians.
“We are extremely pleased that the Launceston City Deal, the Burnie Campus of the University of Tasmania relocation and the Hobart City Deal have come to fruition, with the desire to revitalise education, technology and innovation presenting wonderful opportunities.
“But the long-term benefit of this investment will reside in the cultural change that cutting-edge learning environments such as a STEM project will facilitate - greater uptake of post compulsory learning,” Mr Wightman said.
The Property Council also encouraged a focus on inner-city residential opportunities which will create vibrancy and diversity.
The focus must be jobs and laying a foundation for long term growth.
For a Hobart City Deal to hit the mark, it must include the following:
- Private investment leverage;
- Water and sewerage reform;
- Public transport infrastructure;
- Traffic management;
- Digital connectivity; and the
- Reactivation of Macquarie Point.
A City Deal will only work if it's focused on the long-term and is based on a broad bipartisan consensus about the future of Hobart.
The Property Council looks forward to engaging with all levels of government including the City of Hobart and neighbouring councils, and the Office of the Coordinator General as we assist to articulate a vision for Hobart.
“It remains essential that we, as a community, support this once in a generation game-changer.
“Our industry believes in City Deals. We have been calling for them for two years and if properly developed, they can be the source of jobs and continuous economic growth,” he said.