The Cox Street redevelopment project in Hamilton has been deferred until the next financial year, as the Southern Grampians Shire Council seeks further funding to complete the works.
Council got on the front foot to dispel rumours circling that the redevelopment had fallen through, stating that the original costs had blown out significantly.
The project is currently jointly funded by Council and the State Government with an overall project budget of $4.6 million.
It was originally estimated that the cost of the works would be around that figure with the project estimate based on both the initial concept designs completed by Michael Smith and Associates
The detailed designs were completed by Meinhardt Engineering in November 2018.
Tenders were advertised in May this year and five submissions were received ranging from $8.8 million to $14 million in price.
Southern Grampians Shire Mayor, Cr Mary-Ann Brown, said council remained committed to the
redevelopment of the Hamilton CBD.
“The Cox Street project builds on the significant strategic planning and urban design initiatives prepared for Hamilton, as part of the Hamilton Masterplan adopted in 2011,” she said.
“We remain committed to creating an entrance to the Hamilton CBD that increases civic pride for locals in their town and increases business investment and tourism opportunities.
“We are disappointed at having to delay the commencement of the project, however, given the
tenders we received were all considerably higher than anticipated, we really have no other option.
“We just aren’t prepared to invest any further community money into the project.
“The CEO and myself will now seek to meet with both Minister for Roads Jaala Pulford and Minister for Regional Development Jaclyn Symes, to progress the discussion to deliver the shortfall.