Perth's Waterfront development has been named Elizabeth Quay in honour of Queen Elizabeth II.
The Queen is now in her 60th year of reign, and premier Colin Barnett said this was a fitting acknowledgment of the diamond jubilee celebration.
“More than 100,000 people came to see The Queen and His Royal Highness The Duke of Edinburgh during the Big Aussie Barbecue on the Esplanade last year so it is only fitting that the area which is currently being transformed into an exciting and inclusive precinct for all West Australians should honour The Queen,” he said.
“The name ‘Elizabeth Quay’ provides a tangible and significant link to our heritage while the Waterfront project itself is a demonstration of the State Government’s commitment to embracing Western Australia’s future.”
The Perth Mint is also acknowledging the Queen's diamond jubilee with a commemorative coin program, and most recently releasing two coins weighing 1 kilogram each.
The coins are made of pure silver and pure gold and portray a design of the St Edward’s Crown edged by 60 diamond motifs - representing each year of Her Majesty’s reign – bordered by the inscription 'diamond jubilee' with the dates 1952 – 2012.
“The Queen’s Diamond Jubilee is a remarkable moment in history, and we‘re delighted to celebrate the Royal milestone with commemoratives that are quite literally crowning achievements”, Perth Mint sales and marketing Director Ron Currie said.
The state government's announcement of Elizabeth Quay comes ahead of the celebration of the first Western Australia Day next Monday.
“Perth is maturing as a city and developing an exciting identity while continuing to treasure its rich heritage,” Mr Barnett said.
Last month, Mr Barnett and planning minister John Day officially marked the start of construction on the $440 million project which will transform 10 hectares of prime riverfront land into what the government plans to be a vibrant, contemporary development, set around a 2.7ha inlet and connected by promenades and boardwalks.
Work is scheduled to start in late 2012 with all the public realm and inlet works on track for completion in mid-2015.