A $4 million investment in pvc floors in Sydney will pay for the construction of four floors at the Sydney Opera House, with the investment also covering a $1 billion investment by an investment company in pc flooring in the Melbourne CBD.
A joint venture between the company Matworks and the city’s state government is now in the final stages of the construction process, with a decision on the site and the amount of flooring to be built likely to be made this week.
Mr Wetherby said the investment in the Sydney building was a good fit for the new precinct.
“The Melbourne Opera House has some really good amenities for its location,” he said.
“We’re building this very close to it, we’re just trying to figure out what is the best way to do that.”
Mr Witherby said Matworks was building the project on its existing site in a way that was “comfortable” for the residents of the new development.
“This is a project that is a fit for our community, it’s going to be a great fit for us,” he explained.
The Matworks investment will allow the project to be finished within 18 months.
Mr Walsh said the project was “a great win for our city and for our local community”.
“It’s a huge step forward,” he told ABC News Breakfast.
“There are a lot of exciting projects happening around the country, and this is a great example of where this is really heading.”
Mr Walsh also said he hoped that the investment would give the area a boost in tourism, with Sydney attracting more visitors from overseas.
Topics:projects-and-projects,projects-industry,offbeat,government-and/or-politics,state-parliament,australiaFirst posted January 01, 2019 11:05:56Contact Sarah LathamMore stories from New South Wales