Yarra Ranges Council applied for the funding in response to demand for recreation activities, to stimulate tourism and deliver environmental, economic and social benefits to the community by creating job security.
More than 100km of mountain bike trails in the hills surrounding Warburton will be developed as part of the project, injecting $20.4 million annually into the local economy.
The Upper Yarra Community Enterprise Ltd (Warburton and Yarra Junction Community Bank® Branches) has committed $300,000 to the project and Council has committed an additional $2.7 million to match the $3 million in Federal Government funding.
Federal Member for Casey Tony Smith MP said the project was a significant investment in building a stronger economy and driving jobs for the long term.
“This is a fantastic outcome for our local community, with the project receiving $3 million to construct over 100 kilometers of mountain bike trails in the hills surrounding Warburton,” Tony Smith said.
“This will have major flow-on benefits across our local community.”
“This project will be a major economic injection for the Upper Yarra Valley, boosting visitation and therefore creating more jobs which are so critically needed.”
“It will be a magnet for tourists from all over Australia, who will stay and shop in our wonderful community and return again and again.”
Minister for Regional Development, Territories and Local Government Dr John McVeigh said the project will deliver significant economic and social benefits to the community.
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