Wednesday 1 May 2013

Riverwalk - Contract awarded

http://www.brisbanetimes.com.au/queensland/riverwalk-builders-announced-20130426-2ii6u.html

image sourced from www.couriermail.com.au

What can only be seen as a good thing, the contract for the replacement Riverwalk has now been awarded. This is a major development considering almost every government in Australia is trying to cut budgets. There was a big fear going around that Riverwalk may never see the light of day again.

The price tag comes in at a hefty $72 million but considering how many people used the former structure and the fact that the new one will have a capacity far in excess of the previous one it works out to have a pretty good return for investment. Just like Bicentennial before the upgrades started capacity was becoming an issue. At 3000 movements a day the former floating structure was already carrying 3/4s of what Bicentennial was carrying before it's upgrade and people had started complaining. This was due to it being a shared path but with the replacement being segregated this should be no longer a issue. Bicentennial is now carrying 5500 movements and the upgrade is not even complete yet. This will mean the replacement Riverwalk has a lot of excess capacity for when it opens again. It also means there should be very little complaint from users unless people act stupid of selfish.

It has been revised that the replacement should open is Mid 2014 now and not late 2014. While I look forward to it opening in mid 2014 I am still expecting it to open in Late 2014. That way if it does open early I will be pleasantly surprised.

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