Progress is now visible at North Bank after local contractor Zanetto Civil began pre-stripping the site, which involves removing the top layer of organic matter.
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The next step will see more than two kilometres of underground services installed, such as potable water, irrigation, electrical, stormwater and sewerage works.
More than 5000 cubic metres of fill will then be imported onto the site before the preparation of landscaping works.
This is expected to commence in February, 2018.
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Once complete, the $9.15 million redevelopment will feature a state-of-the-art, all abilities playground, parkour and sports courts, an events space, barbecue facilities and amenities, recreational trails and car parking.
Launceston mayor Albert van Zetten said the project would create a major new recreational hub for Launceston.
“The redevelopment will be a huge project for Launceston and once complete, will be one of the great attractions for children and families alike in our beautiful city,” he said.
Work also began this week on the new pedestrian and cyclist bridge across the North Esk River, which will link North Bank to the Seaport.
At 120 metres in length and four metres wide, the bridge will incorporate three spans and include dedicated viewing platforms.
A major part of the initial bridge works will be the driving of steel piles into the river bed.
Both projects are expected to be complete by mid-2018.