The $1.5 billion Perth City Deal has been finalised and is set to create almost 10,000 jobs along with hundreds of millions of dollars for new construction projects.
The deal aims to re-energise Perth and bring government and private investment into the CBD while encouraging more people back into the city.
The Perth City Deal includes a $695 million investment from the Federal and State governments, along with Edith Cowan University, to move its law and business schools and the WA Academy of Performing Arts into the Perth CBD, creating the state’s first inner-city university campus.
A further $360 million investment from the State Government, Curtin University and Murdoch University will be used to expand or establish new presences in the Perth CBD. Murdoch University will create a vertical campus and eSports Stadium linked with Singapore and East Asia, while Curtin University will build a CBD knowledge and innovation precinct. Continue reading here