Wyndham investment soars over $200m

Investment in Wyndham continues to grow with more than $200 million worth of land and infrastructure agreements with developers made in the past financial year.
Wyndham council’s urban futures portfolio holder, Cr Intaj Khan said the amount of money being poured into key projects spelled confidence that the city was preparing appropriately for its rapid growth.
Latest population forecasts from demographic specialist .id show that by 2040 Wyndham’s population will surge past half a million people.
Cr Khan said he was buoyed to see developers invest heavily in the municipality, which proved Wyndham was a city with strong economic growth.
“This investment shows us that developers are looking forward to a bright future for the municipality and are committed to making our community a place to enjoy leisure time, with improved road infrastructure, and will continue to be the one of the best municipalities in Melbourne to live,” he said.
“This massive investment includes some of our most vital projects such as the $15 million bridge over Morris Road in Hoppers Crossing, set to be delivered by the end of 2021.
“In addition to this, $76.6 million in cash contributions were collected from Wyndham’s growth areas in the past financial year, which will be used to develop a range of community and recreation reserves in areas such as Tarneit and Truganina.
“It is important that we continue to see these investments in our future, to support our growing community.”