Queanbeyan Civic and Cultural Precinct underway| Mayoral Minute

By Cr Tim Overall
Updated July 30 2021 - 3:03pm, first published 3:00pm
Cr Tim Overall, Mayor
Cr Tim Overall, Mayor

Queanbeyan Civic and Cultural Precinct underway: On July 28, the first sod was turned on the Queanbeyan Civic and Cultural Precinct officially commencing this $74m project. This new precinct will provide linkages to The Q and the Bicentennial Hall and draw together a new library, public domain for civic events, conference meeting rooms and facilities, as well as create new basement car parking and provide a new head office for council staff. The building will also have room for tenants including the Southern Headquarters, Department of Regional NSW. While some parking spaces will be lost during the construction period, and temporary pedestrian access put in place, the project will ultimately deliver an increase of more than 60 parking spaces in the area. The funding structure for the build involves a long-term fixed interest loan with principal and interest payments being offset by lease income, income from surplus property sales, merger and efficiency savings.

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