Varsity Lakes will be transformed under a plan to construct more parking for the Gold Coast 2018 Commonwealth Games.
Minister for Transport, Stirling Hinchliffe, announced an expression of interest to develop the 8.4 hectare site.
“This is an exciting opportunity for the best and most qualified developers to deliver a high-quality, transit-oriented development project that integrates a new retail and residential precinct with the Varsity Lakes Train Station,” Hinchliffe said.
“In addition to developing the mixed-use site, the successful tenderer will need to double the permanent park ‘n’ ride capacity from 300 to 600 spaces, and also provide additional temporary parking for spectators attending Commonwealth Games venues.”
The project aims to develop the site into a transit-oriented retail, commercial and residential development.
Hinchliffe said sufficient transport was vital for the running of the Gold Coast 2018 Commonwealth Games.
“It is forecast that six million extra journeys will be made across the Gold Coast during the 2018 Commonwealth Games and it is critical we enhance and improve transport coordination,” he said.
“Linking the road network to heavy rail, the Varsity Lakes Train Station and park ‘n’ ride will be an important transport hub, providing necessary day-to-day transport connections for Gold Coast residents and commuters, as well as spectators at Games time.”
The preferred contractor will be announced over the coming months.
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