News & Discussion: Roads & Traffic

Threads relating to transport, water, etc. within the CBD and Metropolitan area.
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rev
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Re: News & Discussion: Roads & Traffic

Post by rev »

cmet wrote:
Tue Apr 06, 2021 6:45 pm
HeapsGood wrote:Magill and Portrush being upgraded at a cost of 98 million for a few extra lanes, property acquisitions NO over or under passes ????? what the hell...
Always laugh when people complain about the prices of these projects, like how would you even know what a certain infrastructure project should cost..?
So what should it cost? When you're done laughing...


I think it's quite reasonable to wonder how nearly $100 million is being spent to widen an intersection, when it's costing $198 million to not only widen an intersection/road but build a bridge over a rail line which will include community rec facilities underneath, not to mention re-aligning the route of a few side streets nearby..Or you know the Port Wakefield bypass project at $124 million..
I don't think I'm alone in wondering that. I think as tax payers we are entitled to ask these questions and get answers. Since you know, we're paying for it.
Nort
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Re: News & Discussion: Roads & Traffic

Post by Nort »

https://www.magillroad.com.au/files/110 ... oposal.pdf
The Portrush and Magill Road
Intersection Upgrade is a joint funded
Project of the Australian and South
Australian Governments. A $98 million
budget is reported to be spent on
the Project, of which approximately
$8 million is for project and contract
management, $71 million is for land
acquisition, and $19 million for is for
construction
...
Nine (9) local businesses
and thirty-four (34) privately owned
properties have been acquired in order
to deliver the Project.
Acquiring 43 properties in Norwood is expensive.
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rev
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Re: News & Discussion: Roads & Traffic

Post by rev »

$71 million for 43 properties, or about $1.6 million per property.

Median price for Norwood is $937,500.
ChillyPhilly
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Re: News & Discussion: Roads & Traffic

Post by ChillyPhilly »

The project is in Trinity Gardens.

It is definitely a big chunk of change for a very limited outcome.
Our state, our city, our future.

All views expressed on this forum are my own.
PD2/20
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Re: News & Discussion: Roads & Traffic

Post by PD2/20 »

ChillyPhilly wrote:
Wed Apr 07, 2021 7:09 am
The project is in Trinity Gardens.

It is definitely a big chunk of change for a very limited outcome.
Four suburbs meet at the intersection. The majority, if not all of the acquistions have been west of Portrush in the suburbs of Norwood and Maylands.
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Re: News & Discussion: Roads & Traffic

Post by Nort »

rev wrote:
Wed Apr 07, 2021 4:17 am
$71 million for 43 properties, or about $1.6 million per property.

Median price for Norwood is $937,500.
So it seems about right. Many of the properties there were reasonably large, and there were valuable commercial properties added in.

Add the additional costs related to managing a compulsory acquisition and the premium which is paid to compensate people who don't want to move.
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