The three year project resulted in landscape improvements to Fairyland, Swan Pool, the Olympic precinct, Windmill Drive and the Yacht Club precincts.
The Olympic precinct redevelopment was driven by a group of Ballarat Olympians to commemorate 50 years since the 1956 Olympic rowing events on Lake Wendouree. The memorial highlights the values of the Olympic movement and honours Ballarat Olympians by bronze casts of t hands or feet. The memorial was constructed by Ballarat builder H. Troon using the Olympic rings as the focal point.
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