Government cements its commitment to Geelong

29 Aug 2007

Media Release - 29 August 2007

Premier John Brumby said the Victorian Government would continue to encourage growth in regional economies during a site visit to the TAC’s new headquarters in Geelong.

Mr Brumby said significant progress had been made during on the construction of the new office complex.

“The foundations are being laid on this building and, with this, the Brumby Government is cementing its commitment to the Geelong region,” he said.

“This is important not only for the future of the TAC, but also in terms of Geelong’s growth as a vibrant community and a successful regional economy.”

Mr Brumby said the TAC’s relocation would provide ongoing economic benefits to the Geelong region.

“We expect more than 850 new jobs to be generated and a $59 million boost to the local economy every year,” he said.

“Geelong already has a lot to offer industry and TAC’s relocation is yet another boost for the region. As the region continues to grow we will be encouraging large corporations to follow the TAC’s lead.”

Mr Brumby said the new building would adhere to new standards in energy efficiency and environmental sustainability.

“The building will have a 5 star energy rating and will adhere to the latest environmentally sustainable practices,” he said.

“With some 15,000 square metres of office space, car parking, retail and public spaces, it will certainly attract future developments in the Western Wedge area.”

TAC Chairman, Paul Barker, said he was delighted with the progress of the development.

“The construction of this new building is on track and with it we are building on our presence and connection with the Geelong community,” Mr Barker said.

“Last year the TAC opened an information centre, in Yarra Street, and by the end of this year we will have a transitional office operating in Moorabool Street.

“This will facilitate training of new staff, allow some current TAC staff to work from Geelong sooner and help achieve a smooth transition to our new headquarters.”

The TAC is expected to operating out of Geelong by January 2009.