The long-awaited Hobart City Deal is on track to be resolved by the end of the year, says Minister of Urban Infrastructure Paul Fletcher.
Fletcher visited the northern capital today to inspect progress at Launceston City Deal. He would hold several key meetings in the state.
The announcement of a proposed City Deal was made with great fanfare by Prime Minister Malcolm Turnbull and Premier Will Hodgman in January.
"Since then, much work has been done and this afternoon I will meet with Tasmanian treasurer Peter Gutwein and the mayors of the three other councils of Glenorchy, Clarence and Kingborough, "he said.
"It will be an important milestone as we see the work done to date."
"We have consistently said that we hope to have made significant progress towards the City Deal resolution at the end of This year and I think we are about to do that.
& # 39; There are a number of important threads for Hobart City Deal and I look forward to some productive discussions this afternoon. " Central elements of a Hobart City Deal are a University of Tasmania $ 400 million STEM center, a light rail system and modern public transport network and the conversion of Macquarie Point including an Antarctic area.
Mr. Fletcher submitted his remarks during the inspection of the start of the work at the Brisbane Mall refurbishment in Launceston.
The Turnbull government puts $ 7, 5 million in the direction of the City Heart Rebuilding, which is part of the $ 260 million Launceston City Deal.
Other aspects are the University of Tasmania campus relocation and work to clean up the Tamar River.
Launceston Mayor Albert van Zetten said investors were starting to look at housing investments for students.