New Perth Lord Mayor Bruce Reynolds says the long-awaited overhaul of the Perth convention centre remains “incredibly important” to the city’s economic future, despite the WA government formally axing the $1.6 billion redevelopment last week.

In 2024, the state government announced it would revamp the ageing centre built 20 years ago to create a “world-class, iconic waterfront precinct”.

However, the government confirmed in a media release on November 6 that the redevelopment would be ditched, citing increasing costs including more than $500 million in transport upgrades to accommodate the build.

The money has been reallocated to building hospital infrastructure across the state, including three new hospital projects at Mount Lawley, Royal Perth Hospital and in Peel.

Reynolds told this

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