Colac’s eastern end of the CBD will be receiving almost $2 million worth of improvements following the approval of funding from the Federal Government.
Colac Otway Shire Council already had $975,000 towards the project from state and Council funding.
Chief Executive Officer of the Council, Sue Wilkinson, said they are looking forward to the benefits the upgrades will bring to the district.
“Council is really excited about the positive effects this project will have on our CBD.
“Cost-benefit research has shown that every dollar invested in CBD upgrades will result in $3.60 of benefit to local traders, and that goes to the heart of what this project is about,” she said.
Council will soon be seeking input from local business and traders in the affected areas of the CBD, to ensure the project is delivered with minimal impact to customers and business.
Key highlights include:
- Creation of a pocket park on part of the Telstra site, corner of Murray and Queen streets
- Centre median improvements including installation of up lighting from Corangamite Street through to Queen Street
- Improved pedestrian safety measures
- Replacement of the footpath between Corangamite Street and Queen Street
- Installation of new street furniture including seating, bins and bike racks.
Image Source – Geelong Region Alliance