Tetrix with an NXT brick is the basis for FIRST Tech Challenge robots, if you want to see some examples of what high school age kids build with it.
http://www.usfirst.org/roboticsprograms/ftc
I've been looking at this system too. http://matrixrobotics.com Interfaces perfectly with Lego and is more Lego like in the way you can build things. Their holes line up perfectly with Lego holes. Pretty cool.
It would be really nice if this could happen, currently we have not much option but to relocate to Sydney for tech work.
Newcastle has been searching for a way it revitalise the CBD, and I could see the proposed being a help. The University of Newcastle is developing a new campus in nearby Honeysuckle, with the business school being the first to move.
This could work well with a startup orientated space that can be fed by students from the new campus.
However, as with many things, it needs money and without any tech success stories from and still operating in the area, sourcing investment for this specific use will be hard.
Certainly closer to real robotics, with servos, metal parts, etc.