The new Riverbend Park, formerly North Bank, is set to take shape “quite quickly” over the next few months, the City of Launceston council say.
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The council’s general manager Michael Stretton said the park was a great example of what the community can achieve.
“We’ve taken a former industrial site and with community involvement every step of the way, we’re turning it into a space that will quickly become a real focal point for the city,” he said.
“I think people will be really surprised about how quickly the project will take shape over the next few months ahead of its target opening date in March 2019.”
The project was estimated to cost about $9 million, but now costs are expected to be about $11.5 million.
“We still see Riverbend Park as being great value for money because it will serve the community for decades to come,” Mr Stretton said.
“Fortunately, the council is in a really strong financial position and we can afford to make this investment ... The increased cost would be absorbed by council with no impact on rates or services.”
We still see Riverbend Park as being great value for money because it will serve the community.
- Michael Stetton
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