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The Independent Member for Denison, Andrew Wilkie, has secured $8.7 million for the re-development of the King George V sports and community precinct at Glenorchy.

Mr Wilkie said he was delighted to welcome the Minister for Regional Australia, Simon Crean, to Tasmania to make the announcement on behalf of the Federal Government.

“I would also like to acknowledge the Prime Minister who has shown great interest in the project since I first raised it with her about a year ago.

“In mid-2011 she provided $120,000 for the Glenorchy City Council to prepare a business case, and for some time since then given me confidence that funding would be forthcoming,” Mr Wilkie said.

Mr Wilkie said the project would bring wide-reaching benefits to the local community.

“The Denison electorate had been dreadfully neglected for many years because it was a safe Labor seat. The idea for this project in particular has floated around for ages so it’s fantastic to finally be able to help make it a reality,” Mr Wilkie said.

The project will also provide much needed economic stimulus to the local economy. The business case predicts the development will inject $30 million during construction and then $13 million a year into the economy. Mr Wilkie said he hopes much of the project construction work will be able to go to local businesses in the area.

Mr Wilkie said the project will turn an assortment of run down facilities into a vibrant centre for sport and other community activities.

“Building the community is a vital role for governments and politicians. This project will help a broad range of sports, including at junior levels, as well as community groups including the Migrant Resource Centre and the Transport Museum.

“Importantly, funding for the project is available this financial year and, unlike the recent Bellerive upgrade announcement, it is not dependent on any co-contribution by the State Government,” Mr Wilkie said.