The State Library of Victoria is located in Melbourne.
$83 million/Australia dollars converts to approximately $104 million in US dollars.
Victorian taxpayers will pitch in $55.4 million to help restore the disused Queens Hall in the State Library of Victoria.
The state government will allocate the funds to the $80 million redevelopment project in Victoria’s May 5 budget, with the library to raise the remainder.
The works will also include a dedicated children’s space, new cafes, a new centre for digital media, and conference facilities.
Planning will get under way this year with construction due to begin in 2016.
From The Age
Creative Industries Minister Martin Foley said the five-year project would open up a further 40 per cent of the building for public use and create a library for the future.
The redevelopment would also create an “e-town hall” which would allow regional libraries to stream events.
“The linking of public libraries to this ‘home library’ will be a great asset to regional Victorians. As technology evolves , this will be a hub of learning for the state,” Mr Foley said.
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