FRANKSTON Council has ticked off schematic plans for the near $35 million redevelopment of Jubilee Park.
The project is coming at a massive cost to Frankston ratepayers, with council allocating over $20 million to the project. The state government will contribute $10 million and the federal government $4.5 million.
The motion approved by Frankston councillors at their most recent meeting read that council “notes the current total project cost at schematic design sits within the allocated budget of $34.9 million, approves the current schematic design, and endorses the project to proceed with a town planning application and to progress with the detailed design phase.”
Construction is expected to begin in March next year, and be finished by mid-2023.
