Perron Group’s 20-year $1 billion community transformation project for Cockburn — Cockburn Quarter — has received development approval from the Western Australian Planning Commission (WAPC).
Cockburn Quarter’s approved development proposal, which seamlessly blends residential, commercial, retail and public open spaces, will see the complex become a bustling and vibrant town centre for both new and existing Cockburn residents.
Perron Group General Manager – Property Investments, Andrew Byars said the $1 billion investment by Perron Group supports the growing community’s desire for an urban centre and represents a major boost to the broader Western Australian economy.
“With development approval for Cockburn Quarter now received from the WAPC, Perron Group is now commencing detailed design and construction planning to begin bringing this exciting vision for Cockburn to life,” Byars said.
“Through our 20-year staged development, Perron Group’s proposed investment in Cockburn will help provide long-term economic stimulus for the state.”
The development application for Cockburn Quarter has been split into key stages across the 20 years. Stage one will see the expansion of Cockburn Gateway Shopping Centre with additional retail, cinemas, dining, entertainment and child care facilities and is anticipated to commence within two to three years of development approval.
To support the Cockburn Quarter vision, Perron Group have also lodged a new development application to fund and develop a $5.5 million public pedestrian bridge that will link both sides of Beeliar Drive in Cockburn.
The new pedestrian bridge will be funded by Perron Group and delivered as a contribution to the City of Cockburn. The proposed bridge aims to connect the planned Cockburn Quarter precinct and Cockburn Gateway Shopping Centre with the Cockburn Central Town Centre.
Byars said the Group has committed to the bridge to support the growing needs of the Cockburn community.
“Perron Group are delighted to be making a contribution to better the connectivity within Cockburn, an issue we know is important to local residents,” he said. “The new pedestrian bridge will provide a safe means to connect pedestrians and cyclists between the two precincts, which are currently separated by the eight lanes of Beeliar Drive.”
The new pedestrian bridge will also align with the State Government’s METRONET project by increasing connectivity between the shopping centre and planned residential precinct to the Cockburn Central train station.
Development of the new pedestrian bridge is still in planning stages. Pending approval from the Metro Outer Joint Development Assessment Panel, Perron Group estimates the bridge will be completed within the next five to six years.
The development approval is the first stage in unlocking Cockburn Quarter’s potential, with the project now subject to meeting the various development approval conditions and subsequent approval from the Perron Investments Board.
The project represents a major boost to the broader Western Australian economy. The significant investment in Cockburn Quarter will create more than 7,400 jobs over the lifespan of the proposed project and generate an estimated $2.8 billion worth of economic activity.
The proposed development will link to all areas of Cockburn Central, including the train station, bus interchange, the Civic centre, the aquatic and recreation centre (ARC) and the health precinct to create an accessible and well-connected community.