Growth at peak rate, city says

ALBURY is enjoying a period of unprecedented growth and development, says the city council general manager, Les Tomich.

“Albury’s economy is strong and private and public sector investment in residential, commercial and industrial development is at an all-time high,” he says in the council’s annual report.

Mayor Amanda Duncan-Strelec has also welcomed the growth but warned that water conservation would be the city’s biggest challenge as it planned towards 2030.

Mr Tomich said the city council continued to be one of the main drivers of this growth, investing tens of millions of dollars into new infrastructure, assets and community partnership projects.

It approved public and private building projects worth a record $143 million last financial year.

Mr Tomich said the $13 million library-museum wasn’t the only project that was redefining the central business district.

Progress was evident in the multi-deck car parking in Wilson St and Volt Lane, the Quest apartment complex in Kiewa St and a new multi-level retail centre between the Mates Building and Target store.

“On the outskirts of the CBD, the Harvey Norman homemaker centre in Borella Rd has made great progress,” he said.

“These developments have been supported by improved infrastructure, with the council investing many millions of dollars on road reconstruction and footpath projects.”

Mr Tomich said the council is enjoying continued success with its Airport Park industrial estate.

A contract for stage 1 of the Regional Emergency Management Centre was awarded recently and a major security upgrade at the air terminal has begun.

“On the residential front, the former Victoria St barracks site is now home to modern inner city dwellings, while on the city’s fringe, Hamilton Valley continues to be attract new home buyers wanting a more relaxed lifestyle,” he said.

Mr Tomich said the council was committed to the city’s Murray River links.

“Noreuil Park foreshore and riverside parks will be upgraded with improved facilities, including construction of an iconic children’s adventure Playspace and the Murray River Trail will be further advanced,” Mr Tomich said.

Source: The Border Mail

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