The iconic East Perth Power Station in Western Australia is a step closer to being revitalised with two proponents named to deliver the upgrade project. Following a competitive process, Australian Capital Equity and Minderoo Group have been jointly appointed to transform the former industrial site.
“This announcement marks a significant milestone in the revitalisation of one of our iconic landmarks, the old East Perth Power Station.
“This project will create and support local Western Australian jobs and deliver a new, vibrant precinct on the banks of the Swan River that will become a prime destination for locals and tourists alike,” Premier Mark McGowan said.
Stage 1 of the revitalisation – which is expected to be valued at $218 million – will refurbish the East Perth Power Station to accommodate new residential, commercial, recreational and tourism opportunities as well as create local jobs.
The project site is located within walking distance of the East Perth train station and once the upgrade has been completed, the revitalised East Perth power Station will provide new housing opportunities with access to public transport and the Swan River.
“Close to four decades after ceasing operations, the old East Perth Power Station is set to once again play an important role in our city as the heart of a thriving, modern, master-planned waterfront precinct.
“The mix of residential, social and tourism opportunities this project is expected to offer will support local jobs and transform area into the CBD’s eastern gateway,” Lands Minister Ben Wyatt said.
This long-awaited project is anticipated to create up to 1,900 jobs during construction and more than 1,300 jobs once operational.
The former power station is going to be renamed as Koomba Kalark – a Noongar name which translates to ‘the place of the big fire’ - which gives recognition to the location’s cultural significance for the Whadjuk Noongar people.
The development is going to be guided by DevelopmentWA’s Kaart Koort Waarnginy (Head Heart Talking) Framework, which will culturally engage with the Whadjuk Noongar traditional owners.
In addition, the State Government has invested $50 million to prepare the project site for construction.
“This is an exciting step forward for the old East Perth Power Station,” Energy Minister Bill Johnston said.
Stay up to date with the latest industry news and project updates by subscribing to Felix Project News today.
Source: Government of Western Australia; Minderoo Group; The Urban Developer