![\"William](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/01\/94cc74afb139f3706e0fde097ce8078838e8992f31b087e8f567cb93a1b2181e.png\")
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June 25, 2026 \u2014 11:03am<\/p>\n
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Remove items from your saved list<\/a> to add more.<\/p>\n AAA<\/p>\n Plans to transform an industrial block on the riverfront in South Brisbane into thousands of homes and public parkland have been released.<\/p>\n The Queensland government revealed Lendlease was awarded the tender to develop the Visy glass recycling site<\/a>, with more than 4000 homes to be built on the 7.1-hectare block, which will include about 1.2 hectares of public space.<\/p>\n The project will include riverfront promenades and boardwalks, plazas and \u201camphitheatre-style\u201d areas, parkland and shared pedestrian and cycling pathways.<\/p>\n Surrounded by piles of crushed glass at the site, Deputy Premier Jarrod Bleijie said the land would become \u201ca new South Bank\u201d.<\/p>\n Lendlease added it would have the public sections and about 800 units finished in time for the 2032 Olympic and Paralympic Games<\/a>.<\/p>\n The glass recycling facility will close in April.<\/p>\n Bleijie, who also serves as the planning minister, and Lendlease chief executive Claire Johnston would not say if money was paid to the government or if the land would remain in public hands, citing \u201ccommercial in confidence\u201d.<\/p>\n Asked if he would support information on the ownership structure being made public by Economic Development Queensland, Bleijie responded: \u201cDoes it matter?\u201d<\/p>\n \u201cThe public are going to have access to 1.2 hectares of land they don\u2019t have access to now \u2026 I reckon the taxpayer\u2019s getting a pretty good deal,\u201d the deputy premier said.<\/p>\n Bleijie said the tender process had been run by Economic Development Queensland, and they could be contacted for more information.<\/p>\n Representatives for EDQ did not comment.<\/p>\n More than 80 expressions of interest were lodged during the tender process.<\/p>\n In 2022, the then-Labor state government purchased the Visy glass factory for $165 million, with plans for it to become an Olympic broadcasting centre.<\/p>\n Those plans were scrapped after the LNP government\u2019s 100-day review of Games planning, and developers were asked in October last year to pitch ideas for the land.<\/p>\n Start the day with a summary of the day\u2019s most important and interesting stories, analysis and insights. Sign up for our Morning Edition newsletter<\/a>.<\/p>\n Save<\/p>\n You have reached your maximum number of saved items.<\/p>\n![\"An](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/06\/f39cbb987cb3e3211e68708a68873e521732282d01c2f190df430dbf9a906161.jpeg\")
An artist impression of how the Visy site in South Brisbane will look after it is redeveloped by Lendlease. <\/p>\n![\"More](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/06\/6b1d88c94617cb4ea624097a3ae8a478aafd9cf2c89844f71d4c9cfd1d917e96.jpeg\")
More than 4000 homes will be built on the 7.1-hectare riverfront industrial block, with about 1.2 hectares of public space.<\/p>\n![\"Developer](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/06\/91d610bd98aadda3a72c7ce2037f19c1bcc747c22f2585aa4f147f9b28c4b661.jpeg\")
Developer Lendlease was behind the Barangaroo development in inner Sydney, and will now transform the Visy site in South Brisbane. <\/p>\n![\"Artist](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/06\/99e82e224843ce8f6714a8d55bfa672520c338ec16e4ea2dd8ed63de16ae8a28.jpeg\")
Artist impressions of the Visy site show riverfront promenades and boardwalks, plazas and \u201camphitheatre-style\u201d areas, parkland and shared pedestrian and cycling pathways.<\/p>\n