Ipswich Member Jennifer Howard said the funding will enable construction in the Ripley Valley priority development area (PDA), ensuring more affordable land is available to Queensland families.
“Construction has already begun on Binnies Road West following a $7.14 million investment last year. This work is supporting 36 local jobs,” she said.
“We’ll also contribute a further $13 million towards the construction of the new Cumner Road, which will support an estimated 52 additional construction jobs. These developments will open up significant opportunities for our region and the families who live here.”
According to State Development Minister Cameron Dick, Binnies Road West is being built by Orchard (Daleys) Developments, while Cumner Road will be constructed by Intrapac Property.
“This investment will unlock more high quality and affordable land for Queenslanders. It’s also creating more local jobs, which are so important right now in the current climate,” he said.
Intrapac Property Chief Operating Officer Max Shifman thanked the Queensland Government for its commitment to economic growth in the region.
“The Queensland Government has been an invaluable partner in ensuring this new road can be built to access otherwise locked-up development land,” he said.
“It’s a great start to a new decade, and indeed for our upcoming Whiterock project, having this funding agreement in place to deliver this vital piece of infrastructure. Now, our team is excited to get on with the job – building the road and developing the land.”