15 Feb Other than the below, how would the New Footscray hospital provide value for money for tax payers? The State employs the Value Creation and Capture Framework to maximise the value
Q1 Other than the below, how would the New Footscray hospital provide value for money for tax payers?
The State employs the Value Creation and Capture Framework to maximise the value of its Project investments. This policy outlines the extra economic, social, and environmental benefits of the Project.
The Project provides business opportunities with community benefits. These opportunities exist in the major hospital buildings, VU Space, and a facility along the Tiernan Street border of the Project Site (In Hospital Opportunities) (Tiernan Street Building). Commercial perspectives consist in:
childcare
gymnasium
retail pharmacy
medical clinic
food and beverage outlets
convenience retail
office space and consulting suites.
The Project will also generate 177 new jobs, including 70 apprenticeships, traineeships, and cadetships, at its peak construction phase. The new hospital is anticipated to generate over 250 jobs and promote investment from relocating ancillary and speciality health services.
Q2 Additionally, how is or is not this initiative in the best interest of the public?
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