Inveresk is finally being transformed with the first sod turned on the $260 milion University of Tasmania relocation project.
Piling work has started to prepare the foundations and is due to be completed in early March, with full construction to commence in mid-2020.
The first stage of the project, which includes a library, student services building and new pedestrian and cycling bridge across the North Esk, is set to be finished by 2021.
The entire project is earmarked for completion by 2024.
University Vice-Chancellor Professor Rufus Black said it was exciting to see construction finally underway on the Northern Transformation Program which will bring more than 10,000 students into the region.
“This project is about improving education, creating a University that serves this place and its community, boosting the region’s economy and connecting the Inveresk Precinct to Launceston’s CBD,” Professor Black said.
“By 2024, Inveresk will be a vibrant precinct in Launceston, providing a unique lifestyle and experience for students, staff and the community in a place of inspiration.”
The UTas relocation involves an initial investment of $260 million in Launceston, $54 million for student accommodation and $30 million for the Maritime Defence Innovation and Design Precinct at Newnham.