A second bridge will be built to link Isle of Capri and Surfers Paradise thanks to a ‘traffic busting’ upgrade announced by Mayor Tom Tate today.
“This will be money well spent. The business community, motorists, pedestrians and cyclists will thank us with improved productivity, faster and safer travel options and less time lost in traffic,’’ Cr Tate said.
“A significant portion of funds for this project will come from the sale of the Transit Centre. This is a smart solution and ensures ratepayers don’t have to borrow more funds which would cost them millions in repayments over many years.
it allows major urban renewal at the Transit Centre site while protecting existing commercial leases at the building known as 4217.
The new $34 million bridge will run parallel to the existing one and will feature two lanes for vehicles and a generous shared path for cyclists and pedestrians.
“The Gold Coast is an exceptional place to live, work and visit and by 2050 the population is expected to double,” Mayor Tate said.
The State Government is constructing Australia’s first continuous flow intersection on Bundall Road which will allow northbound traffic to turn right into Salerno Street.
“This will be an important east-west traffic option for our city as we move into the future,” he said.
Construction will start early in 2019 and is due to be completed in early 2021.