Located on the banks of the Swan River, the 40-hectare Riverside project will transform the eastern gateway into the city and create a vibrant new destination for the people of Perth and visitors to the city. The site is home to some of the city’s key attractions including one of Perth’s premier private schools, Trinity College, the beautiful Queens Gardens and major international sporting venues, the West Australian Cricket Association (WACA) and the Gloucester Park harness racing facility.
Through the redevelopment plans of the MRA and other key landowners, the area will transform over the next decade into a mix of residential, commercial and public domains which capitalise on the unique setting to become a cosmopolitan waterfront community and tourist destination. The project will attract $2billion in investment and bring 7000 new residents into the area and attract another 6000 workers.
The revitalisation project will activate and enhance the riverine environment, through new residents and visitors enjoying the landscaping and waterfront rehabilitation. Residential neighbourhoods will be developed around existing infrastructure and the use of private motor vehicles reduced through the emphasis on public transport and pedestrian and cycle paths.
Riverside will include a diverse range of open spaces and parks, from the ornamental beauty of Queen’s Gardens to wetlands by the river. Public art will reflect the site’s heritage, complementing the landscape’s natural beauty.
In 1998, the East Perth Redevelopment Area was extended to include the Riverside project and the former EPRA was given the responsibility of revitalising the land in the project area. EPRA finalised its Master Plan for the project in 2004 and this was updated in 2008. In June 2009 the Minister approved Scheme Amendment 23 to the East Perth Redevelopment Scheme which provides the planning framework to deliver the Master Plan vision.
Development is well underway in the first stage of the Riverside project, the Queens Precinct, with Sovereign Place; 42 residential dwellings across a mixture of three storey townhouses and three to four storey apartments now complete. Fraser Suites Perth, a 236-suite luxury hotel was completed in October 2012 and stands alongside QIII, a 26-storey residential tower featuring 265 apartments currently under construction.
Surcharging and site stabilisation works are underway at the Waterbank site, adjacent to the Causeway, which will prepare the site for future construction. Road works are well progressed within the project area that will create new connections and cater for the growing number of people who will live, work and socialise in the Riverside area.