City of Casey has awarded a construction contract to Brookfield Multiplex for developing Bunjil Place at Narre Warren in Australia, for which the construction process has just begun.
The development has been planned in the south-east of Melbourne and is at 40km distance from the Central Business District (CBD).
Planned to be developed in the next two years, the 24,500m² building is expected to cost around $125m.
Francis-Jones Morehen Thorp is the architect for the development, which had received $10m in funding from the Australian federal government in May.
The project will comprise construction of an 800 seat regional theatre, studio, regional art gallery, community library and meeting rooms, civic centre and council offices, and an activated community plaza.
City of Casey Mayor Cr Sam Aziz said: "Brookfield Multiplex has committed to implementing social procurement initiatives in Casey to increase local employment, reduce disadvantage and improve social inclusion through training programmes.
"While under construction, the project will create more than 1,200 job opportunities, 700 of which will be local, injecting approximately $83.5m in to the regional economy, and $151.8m in to the Victorian economy.
"The community can expect to see Brookfield Multiplex on site this week, with construction works to commence within a few weeks."