WORK will begin within weeks on building the multi-billion Queen’s Wharf development set to transform the Brisbane cityscape. Australian-based global construction giant Multiplex has been awarded preferred contractor status for the major components of the $3.6 billion tourism precinct in the CBD. It will include the main integrated casino resort building with its eye-catching arc-shaped facade overlooking the Brisbane River and the iconic 100m-high Sky Deck with 360-degree views of the city. The contract also covers three high-rise towers to house luxury hotels, eventually providing more than 1000 rooms plus dining and retail facilities, and an apartment block. The building fit-outs will be
EXPERT OBSERVER Brisbane is like a car where the engine is revving but it can’t move forward because the handbrake is on. The city’s property market is poised for an up-cycle but, according to the generalised price data published in mainstream media, it’s not yet happening. The key point for investors, however, is that there are many Brisbane markets achieving above-average price growth. There’s no doubt that Brisbane real estate has an underlying strength and it continues to show gradual improvement in its market. It remains poised to deliver on the potential shown by advances in the economy, population trends (lots of Sydney refugees are escaping to affordable South-East Queensland) and in
Brisbane Catholic Education has been given the go ahead to build a new primary school on Halletts Road at Redbank Plains. The first two stages (of eight) will include classrooms, an administration building, covered PE space, canteen, play space and IT area to accommodate up to 186 students and 18 staff. Once it is fully developed, it will have enough classrooms and facilities to cater for about 780 students and 50 staff. It’s being built in a booming area. Redbank Plains is consistently among the city’s fastest growing suburbs, with council’s latest Planning and Development Quarterly Activity Report ranking it first for population growth. In the 2018 June quarter another 419 people decided t
Sinnathamby’s 52-Hectare ‘Health City’ Vision for Springfield Singapore-based Broadway Malyan will design a 52-hectare “health city” in expanding Springfield, pegged to have a total end value of $6 billion if the development plan is fully realised. The site, already home to the Mater Hospital and Aveo seniors’ accommodation, will be fully integrated with the masterplan encompassing education and research facilities, a 2500 apartment aged care facility, business facilities along with residential and retail offerings across the 52- hectare site. A key feature of the project includes a Living Lab, which the urban planners say will act as a testbed for new technology related to smart living and
