• Perth CBD’s $695 ‘game changer’: Edith Cowan University campus announced

    Industry Insights by ECi Executive
    posted in Economy


Perth CBD’s $695 ‘game changer’: Edith Cowan University campus announced

More than half a billion dollars will be spent on a new West Australian university campus in the heart of Perth. Edith Cowan University’s Creative Industries, Business and Technology Campus will cost $695 million in federal and state funds and is expected to attract thousands of students and staff into the city centre.

According to Prime Minister Scott Morrison, the project is expected to generate employment for thousands of West Australians, boost business that are already in the CBD and drive new businesses to open.

With this project, the state government will now take full ownership of the university. The campus will combine ECU’s renowned WA Academy of Performing Arts with schools of business, law and an advance technology and cyber crime centre.

The government is hoping to attract 9200 students by 2025 and more than 11,000 by 2034, as well as thousands more theatre-loving tourists to it’s stage productions.

The project will create 3000 jobs during its construction phase with 380 ongoing positions and generate $1.5 billion in economic stimulus.

The WA government will contribute $150 million in grants and the land for the project with the Commonwealth pitching in a further $245 million.

Source: Link
Date published: 20 Sept 2020

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