New bridge great news for Perth residents and investors
An upcoming development in Western Australia will please those with commercial and residential property in the area.
The announcement of a 110 metre long pedestrian bridge in Perth's Elizabeth Quay inlet was made by Planning Minister John Day on January 24.
It will be open to pedestrians and cyclists and from an aesthetic viewpoint will be a "unique addition to Perth's skyline and a distinctive architectural feature for the waterfront precinct," according to Mr Day.
The bigger picture
This new bridge will be part of the Elizabeth Quay inlet, which has been undergoing massive change as part of a $2.6 billion redevelopment.
This massive project is Australian government-delivered, with support from the City of Perth. Formerly the Perth Waterfront, Elizabeth Quay covers almost 10 hectares of riverfront land in the city.
The redevelopment - currently in its delivery phase following project approvals and confirmed funding - aims to "enhance Perth's reputation as one of the most liveable cities in the world," according to Western Australia's Metropolitan Redevelopment Authority.
New residential real estate options will be on offer, which is promising for those looking to get a slice of prime property close to local amenities. In addition, hotels, restaurants, cafes and shops will be opened for the public to enjoy, whether they are Perth locals or visitors.
Building the bridge
The new bridge is a $440 million project that is now underway. From this week, dredging will begin to widen channels and create a new navigation channel in the Swan River.
This course of action will allow boats to enter the inlet and the bridge itself will be constructed with a 5.2 metre clearance so that most boats can travel beneath it while pedestrians and cyclists pass over top of it.
"The Metropolitan Redevelopment Authority consulted with key stakeholders to ensure the bridge will enhance the design of the Elizabeth Quay public realm, while also meeting the needs and requirements of pedestrians, cyclists and the boating community," noted Mr Day.
The bridge will also have a platform, which will be the perfect spot to take in the views of South Perth across the river as well as the city.
It will be made from steel mesh balustrading and the inlet's construction is set to be finished by spring 2015.