THE State Government has committed an impressive $12 million in funding to advance fast-paced development in the Ripley Valley.
Providence, the largest single development within the Ripley Valley, celebrated a major construction milestone with the opening of the State Government-funded $6.5 million James Ivory Bridge yesterday.
Providence developer Adam Shephard of the AMEX Corporation said the master-planned community's development had sped up "rapidly", with the first residents set to move in from August 1.
"It's just amazing to see it come to life. It's taken us 13 years to get to this point," he said.
"Without the contribution from the State Government we wouldn't be able to channel our funds to community infrastructure like the Providence Centre, parks and local playing fields.
"We're already planning welcoming barbecues, t-shirts and caps. We want people to be proud of living in Providence."
The 670ha Providence community will be developed over the next 20 years and will eventually house 20,000 people.
The area will also include two future primary and two secondary schools, a health and wellbeing precinct, town centre and 200ha of open space including playing fields, landscaped parkland and retained bushland.
Member for Bundamba Jo-Ann Miller opened the new bridge and said she was proud to offer Ipswich families affordable housing options.
"Having affordable housing in Ipswich is always the key to success," she said.
"I'm really pleased to be able to offer good sized family blocks of land for $380,000-$420,000.
"I'm delighted our government has been able to contribute $12 million to this development."
Of the remaining State Government funds, $4.2 million will be used for a regional trunk sewer main and $1.3 million for a regional trunk water main to service the entire Ripley Valley Priority Development Area.
Over the next two years a total of $53.5 million is set to be spent developing Providence, creating the equivalent of 330 full-time construction jobs.