The Albury-Wodonga Corporation was an active, long term stakeholder in the development of the Albury Wodonga Regional Parklands. In what was an ambitious regional parklands projects, the Corporation kick-started the project by transferring 1,720 hectares, valued at more than $4.4 million, into public ownership in perpetuity: 1,379 hectares to the Victorian Government and 341 hectares of hilltop land to Wodonga City Council.
In 2008, the Corporation began transferring an additional 2,300 hectares of environmentally sensitive land in Albury and Wodonga to the NSW and Victorian State Government and City of Wodonga. These lands included the remaining Wodonga Hills, the Thurgoona Threatened Species corridors, the Albury Ranges Threatened Species corridors and the WRENS (Wodonga Retained Environmental Network Strategy) corridors.
The land already transferred, which is managed by Parklands Albury-Wodonga Ltd (PAW), is being progressively developed into a major system of regional parklands that includes a network of walking trails in beautiful hillside and floodplain terrain, part of the Hume and Hovell Walking Trail, and a Indigenous interpretive walk on Gateway Island.
In addition to making land available for this project, the Corporation makes an annual funding allocation to PAW to help resource the management and development of the parklands and has provided substantial in-kind support in areas such as spatial mapping, administration assistance and resources.
The Corporation contributed around $125,000 a year up until 2011 (when the last of the environmental lands were transferred to the NSW, Victorian and Wodonga local governments), contributing a total of just under $1.5 million.
The Corporation's total (land and resourcing) contribution to January 2013: around $6.525 million.
The Corporation was wound up and ceased activities in 2014.