Gold Coast motorists can breathe a sigh of relief, with the news today that one of the city’s busiest intersections is getting a massive $10 million upgrade.
The Queensland and Federal Government made the exciting announcement on Thursday, revealing the multi-million dollar Oxley Drive and Brisbane Road intersection upgrade would be funded on a 50/50 basis.
The upgrade will include additional right-turn lanes on the Gold Coast Highway, a new bike lane and pedestrian fences, along with extending existing right lanes for vehicles.
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Minister for Cities, Urban Infrastructure and Population Alan Tudge said the project would better support Gold Coast population growth and help to bust congestion.
“The Gold Coast population is expected to increase by 62 per cent to over 928,000 by 2041, so this upgrade is vital to meeting the demands of population growth and ensuring that the Gold Coast remains a liveable city,” Mr Tudge said.
“This is about cutting congestion and improving safety on one of the city’s fastest-growing commercial and residential hubs.”
It follows last week’s landmark $1.9 billion deal to fast-track Queensland road and rail projects, including the Gold Coast Light Rail Stage 3A and upgrades to M1 exits 41 and 49 on the northern Gold Coast.
Federal Member for Fadden, Stuart Robert said the intersection upgrade will help Gold Coasters get home sooner and safer.
“It’s one of the busiest intersections on the Gold Coast and one of our worst bottlenecks, I’m happy to see this project along with the Light Rail Stage 3A and upgrades to M1 exits on the northern Gold Coast fast-tracked through the acceleration of federal funding,” he said.
“To have the timeline accelerated on these vital projects is a big win for the Northern Gold Coast and another example of how the Morrison Government is getting on with the job of delivering.”
Major works will begin next year.