Brisbane set to benefit from new infrastructure projects
With a short-list of developers finalised, Brisbane’s Queens Wharf redevelopment has taken another step towards construction.
The Queensland government has released the details of four shortlisted consortia that will compete for the rights to redevelop a series of spaces alongside the Brisbane river.
The new wharf precinct will include a number of restaurants, hotels and a new casino for the city centre. There are also plans for further office space, to replace lost government office space caused by the redevelopment.
An underground station is also going to be constructed in the area, to coincide with the the Underground Bus and Train project, which is set to make the precinct as accessible as possible.
Shortlisted companies will now have to provide more detailed plans for the redevelopment, with a final candidate chosen early next year. Construction is set to begin in 2017, once these plans have been finalised.
Deputy Premier Jeff Seeney, highlighted how the redevelopment would bring new tourism opportunities to the city.
“Our vision is to build on Brisbane’s characteristic strengths and create an iconic new world city that draws increasing numbers of international tourists and businesses to our capital,” Mr Seeney said. “Today’s announcement paves the way for this to happen on a scale not seen in Brisbane since the redevelopment of South Bank.”
The redevelopment of Queens Wharf is set to provide a number of benefits for those seeking work in the construction industry. Combined with other developments around the country, like the redevelopment of Fishermans Bend in Melbourne, the future is bright for Australia’s construction and engineering industries.
Related industries are also set to benefit, with demand for wine and food set to increase in the long run. As a result, this project will bring big benefits to a variety of industries.