CONGESTION along Punt Road is set to be slashed later this year following the introduction of 24 hour clearways from St Kilda Junction to Alexandra Avenue, the Victorian Government announced this week.
Clearways will also be introduced for up to 100 metres on either side of Punt Road at Alexandra Avenue, Toorak Road, Commercial Road and High Street.
The introduction of 24-hour clearways follows extensive community consultation undertaken last year by VicRoads which identified support to extend clearways to ease congestion, improve traffic flow and to boost safety for local residents.
To offset the loss of parking in the area, a number of nearby VicRoads-owned sites have been identified where additional parking for visitors, residents and businesses can be constructed.
VicRoads will undertake a formal compulsory 60 day consultation with local residents and businesses which will close on Sunday, 10 April 2016. Clearways are expected to be in place by the middle of the year.
While the introduction of clearways is an immediate step towards relieving congestion, the State Government said it is also considering medium and long-terms options to improve the operation of the vital north-south route.
These options will be investigated following the recommendation by the Public Acquisition Overlay Independent Advisory Committee later this year about the future of the current Public Acquisition Overlay on Punt Road.