Page 774 - Week 03 - Tuesday, 8 April 2014

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wetlands where people can enjoy the vista of Lake Ginninderra and the adjacent parkland around John Knight memorial park.

The city to the lake project is an exciting new development within the central national area and city centre of Canberra. This significant development is one of the largest urban renewal projects occurring in Australia. City to the lake extends City Hill to Lake Burley Griffin, creating a vibrant urban waterfront at West Basin. Dramatically enhanced access will be created between the city, the lake and major national educational and cultural institutions such as the Australian National University and the National Museum of Australia.

The city to the lake waterfront precinct sits in the centre of these internationally renowned organisations and provides premium waterfront investment opportunities. The world-class city to the lake precinct will be a prestigious address in the nation’s capital, offering a unique investment and lifestyle opportunity.

Within the heart of Canberra, city to the lake occupies over 70 hectares of prime central city and waterfront land, providing 1.2 million square metres of premium investment opportunity. The project will allow for 15,000 to 20,000 new residents to live in this part of the city centre, as well as hotel development, convention facilities, stadium and aquatic centre sporting infrastructure, and office and retail opportunities. City to the lake is also conveniently located within close proximity to Australia’s parliament, adding increased tourism and investment potential to Canberra.

The waterfront will be anchored by a new lakeside aquatic facility and urban beach. It will not only be a place for events, festivals and celebration, but also a focal point where the everyday life of the city will meet the lake. It will make the city more liveable and attract more people who will stay longer, just as upgraded waterfronts in Brisbane, Melbourne, Sydney, Darwin and many more cities have contributed to the success of their cities. It is no accident that the cities of Perth, Hobart and Adelaide are also investing in their waterfronts.

The Australia forum, in conjunction with hotel developments, and a new multipurpose stadium as well as office, residential and retail, will form key elements of the city centre’s expansion. The Australia forum will be a world-class convention and exhibition facility.

The concept developed for the Australia forum provides for a flexible design including two large subdividable halls totalling 16,000 square metres, with the capacity for between 3,000 and 5,000 people depending on the form of the function, foyer and pre-function space totalling 19,000 square metres, meeting rooms with a total of 4½ thousand square metres, a centre for dialogue, and a 3,000 seat plenary area. It will enable events such as CHOGM, APEC, G20 and other international forums to be held in the national capital. Canberra will also be able to host events of national and international significance.

A new multipurpose stadium will add substantially to the life of the city, hosting major sporting events, concerts and exhibitions. The city stadium, in conjunction with the convention centre, will create further demand for hotels and retail space,

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