Construction has started on the University of Tasmania's $260 million campus relocation with piles being driven for a Library and Student Services Building at Inveresk.
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The start to Launceston's biggest ever construction project, now known as the Northern Transformation Program, comes nearly four years after the plan was conceived.
The relocation of the University of Tasmania's campus from Newnham to Inveresk is aimed at educating 10,000 students a year by 2032 as well as attracting students and staff to the city.
The Program is a financial collaboration between the Federal Government and State Governments via the Launceston City Deal as well as the Launceston City Council and UTAS.
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Work will begin within two weeks on a pedestrian and cycling bridge over the North Esk river which links the Inveresk campus with Willis Street at the eastern edge of the CBD.
Federal Minister for Population, Cities and Urban Infrastructure Alan Tudge will undertake an official sod turning event today.
Premier Peter Gutwein says the investment will enable UTAS' Launceston campus to become a nationally distinctive campus specialising in food, agriculture, health, timber design and innovation.
"Revitalising our city, boosting our economy and creating a more vibrant environment for students will also help generate many job opportunities," he said.