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$3.8 billion multi-use Belmont Park redevelopment underway

Premier Mark McGowan today officially broke ground on Stage 1 of the $3.8 billion mixed-use Belmont Park development by Golden Group.

Over the 20-year life of the project, developers Golden Group expect $10 billion to be injected into the economy and more than 25,000 local jobs to be created.

The first stage of the project will see the creation of 1,500 new apartments, 6,000 square metres of retail space and 20,000 square metres of commercial space.

Located directly next to the train line, the redevelopment will have excellent connectivity and access to the central business district, airport, sporting and entertainment options, and will greatly benefit from the expansion and upgrade of METRONET.

Image: Belmont Park Redevelopment. Credit: Golden Group