{"id":219122,"date":"2025-10-17T02:01:12","date_gmt":"2025-10-17T02:01:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/219122\/"},"modified":"2025-10-17T02:01:12","modified_gmt":"2025-10-17T02:01:12","slug":"queensland-government-seeks-private-market-interest-to-develop-riverside-precinct-in-south-brisbane","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/219122\/","title":{"rendered":"Queensland government seeks private market interest to develop riverside precinct in South Brisbane"},"content":{"rendered":"<p class=\"paragraph_paragraph__iYReA\">The site of a glass factory in Brisbane&#8217;s inner city is set to be transformed into a new riverfront precinct that could feature thousands of homes, as well as entertainment spaces.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">The Queensland government will go to market on Friday to find private sector proponents to overhaul and redevelop the 7.1-hectare, partially flood-prone South Brisbane property.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">The Visy glass factory, situated on a parcel of land on Montague Road, was purchased by the former Labor government in 2022 for $165 million.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">Labor had intended to use the site for an international broadcast centre during the 2032 Games, but the incumbent LNP government has scrapped those plans.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">Instead, the LNP wants the industrial site, which is located on the Brisbane River close to South Bank, turned into a new mixed-use precinct.<\/p>\n<p><img decoding=\"async\" alt=\"An artist's impression of skyscrapers by a river.\" class=\"Image_image__5tFYM ContentImage_image__DQ_cq\"  src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/10\/902d157659c1a94dfd77d1efefc8a50f\" loading=\"lazy\" data-component=\"Image\" data-lazy=\"true\"\/><\/p>\n<p class=\"Typography_base__sj2RP FigureCaption_text__zDxQ5 Typography_sizeMobile12__w_FPC Typography_lineHeightMobile20___U7Vr Typography_regular__WeIG6 Typography_colourInherit__dfnUx\" data-component=\"Typography\">The state government, which has released its own renders, says construction on the South Brisbane site could begin in 2027. (Supplied: Queensland government)<\/p>\n<p class=\"paragraph_paragraph__iYReA\">The government said construction could begin from March 2027 and suggested the site could feature over 4,000 homes, as well as &#8220;event lawns&#8221; and promenades.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">The government has released its own renders of the site, featuring high-rise buildings, green space near the river, and a swimming pool.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">A temporary local planning instrument was established in the precinct in 2023 and was recently renewed by the state.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">It allows residential buildings in the area to reach CBD-style heights of 274 metres, which is the aviation safety limit for Brisbane.<\/p>\n<p><img decoding=\"async\" alt=\"David Crisafulli speaks at a press conference with a woman in the background.\" class=\"Image_image__5tFYM ContentImage_image__DQ_cq\"  src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/10\/ac29f34a9db7972c12d88bcab774d890\" loading=\"lazy\" data-component=\"Image\" data-lazy=\"true\"\/><\/p>\n<p class=\"Typography_base__sj2RP FigureCaption_text__zDxQ5 Typography_sizeMobile12__w_FPC Typography_lineHeightMobile20___U7Vr Typography_regular__WeIG6 Typography_colourInherit__dfnUx\" data-component=\"Typography\">David Crisafulli says the site is &#8220;one of the last golden stretches of riverfront&#8221;. (ABC News: Lucas Hill)<\/p>\n<p class=\"paragraph_paragraph__iYReA\">Premier David Crisafulli described the government&#8217;s plans as a &#8220;once in a generation moment&#8221; to reshape the inner-city.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">&#8220;We&#8217;re unlocking one of the last golden stretches of riverfront to create a world-class legacy precinct that all Queenslanders can be proud of,&#8221; he said.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">Brisbane Lord Mayor Adrian Schrinner also backed the government&#8217;s plan for the site \u2014 and said more than 5,000 homes were already planned for the Kurilpa area.<\/p>\n<p>&#8220;This builds on our plan to transform this area into one of Brisbane&#8217;s most liveable communities,&#8221;  he said.Games authority flagged potential for precinct on &#8216;valuable&#8217; land<\/p>\n<p class=\"paragraph_paragraph__iYReA\">The government has tasked Economic Development Queensland to shortlist the proposals put forward to redevelop the property.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">In its 100-day review, the Games Independent Infrastructure and Co-ordination Authority (GIICA) raised concerns with the previous plan to build a temporary international broadcast centre.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">It said further work was needed to identify the optimal site to house the world&#8217;s media during the Games.<\/p>\n<p>&#8220;Based on the cost challenges identified by Brisbane 2032, the status of this project remains unresolved,&#8221;  the report said.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">GIICA described the Visy site as a &#8220;valuable&#8221; parcel of land \u2014 and suggested it could be use in other ways, such as hosting a temporary competition venue.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">&#8220;Further work will be carried out by Brisbane 2032 to identify the best use of this land,&#8221; the GIICA report said<\/p>\n<p class=\"paragraph_paragraph__iYReA\">&#8220;Ultimately, it is anticipated the site would be redeveloped following the Games to deliver a high-quality, mixed-use precinct complemented by open space and community facilities.&#8221;<\/p>\n<p class=\"paragraph_paragraph__iYReA\">Last week, the government also sought expressions of interest from the private sector for plans to redevelop Woolloongabba with a 17,000-seat indoor arena.<\/p>\n<p class=\"paragraph_paragraph__iYReA\">It also wants the private sector to put forward plans to overhaul the Gabba site once it is torn down after the 2032 Games.<\/p>\n","protected":false},"excerpt":{"rendered":"The site of a glass factory in Brisbane&#8217;s inner city is set to be transformed into a new&hellip;\n","protected":false},"author":2,"featured_media":219123,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,651,49865,133724,44,14932,15878,133723,133722],"class_list":["post-219122","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-au","tag-australia","tag-brisbane","tag-david-crisafulli","tag-montague-road","tag-news","tag-olympic-games","tag-queensland-government","tag-south-brisbane","tag-visy-glass-factory"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/219122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=219122"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/219122\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/219123"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=219122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=219122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=219122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}