March 2020 Update
Brisbane Property Developments
Brisbane is fast on its way to becoming Australia’s New World City. Massive change and economic growth are on the horizon as it undergoes a massive transformation from multibillion-dollar Brisbane Property developments and major infrastructure projects. Key projects like Cross River Rail, Brisbane Metro, and Queen’s Wharf are taking shape and will transform and boost the city’s tourism, retail and residential offerings. Read on below as we update you on the current major Brisbane developments in the pipeline and how they’re currently progressing.
Cross River Rail Roma Street Station ($5.4 billion)
Construction on the new Roma Street Station has begun to make way for the new underground Cross River Rail Station. Set to become South East Queensland’s biggest transport interchange, the station will be set 27 metres below the surface and have 220 metre long platforms to accommodate nine-car trains. Once complete, the new Cross River Rail Roma Street Station is anticipated to have upwards of 230,000 commuters every week.
The demolition will start from the top and work its way down, starting with the now-vacated 18-floor Hotel Jen. Hotel Jen will be the first of three buildings to be demolished at Roma Street Station followed by the East and West towers of the Brisbane Transit Centre which will begin shortly in March.
The demolition for Roma Street Station is expected to be completed by late 2020. By then, the next stage will be preparing the site for piling and station box excavation in the second half of 2021.
About the Cross River Rail
Cross River Rail is a new 10.2 kilometre rail line from Dutton Park to Bowen Hills, which includes 5.9 kilometres of twin tunnels under the Brisbane River and CBD. The $5.4 billion project will include the construction of four new underground stations at Boggo Road, Woolloongabba, Albert Street, and Roma Street and upgrades to eight above-ground stations. The Cross River Rail is expected to be completed and up and running by 2024.
Brisbane Metro ($1 billion)
The Brisbane Metro is also making headway in terms of construction of a new Metro depot facility at School road, Rochedale. This facility will provide storage and maintenance of the new electric Metro vehicle fleet, charging infrastructure and staff facilities.
Trials for testing Brisbane’s Metro pilot vehicle is expected to happen this year with the preferred tender involving Brisbane -based supplier Volgren and world-leading electric-vehicle producer HESS to deliver 60 vehicles for the Brisbane Metro.
About Brisbane Metro
The Brisbane Metro project is an initiative to replace Brisbane buses with electric high-frequency mega buses to offer more frequent services, reduce travel time, alleviate road congestion and improve the public transport network. The project will include 60 new electric buses with each one to carry 150 people and two routes run across 21 km of an existing busway (18 stations and 11 interchanges). Metro 1 route will exist between Eight Mile Plains to Roma Street, while Metro 2 will be between UQ Lakes to RBWH. The $1 billion Brisbane Metro Project is due to be completed by 2023.
Queen’s Wharf ($3.6 Billion)
The beginning of the construction of the foundation for the mega structure basement is currently underway. Construction of the four towers and public space is being done by Principal Contractor Multiplex. The basement itself includes five levels and is designed to cater to up to 2,000 car parks.
On the other side of the river, construction on the Neville Bonner pedestrian bridge linking Southbank to Queen’s Wharf has begun. Construction will start at South Bank between the Wheel of Brisbane and the river’s edge and link to the retail, food and beverage level of the Queen’s Wharf resort. Stretching 325 metres, this will be Brisbane’s newest bridge in more than 10 years.
Work is also being done on Brisbane’s vibrant new riverfront space, ‘The Landing”, which will provide 6,500m2 of green space for the community.
Neville Bonner bridge and the Landing are anticipated to open as part of Queen’s Wharf Brisbane integrated report by late 2022.
About Queen’s Wharf
Queen’s Wharf is Brisbane’s new entertainment and lifestyle precinct. A world-class integrated resort development that will cover 26 hectares across land and water. A destination for tourism, leisure, and entertainment, the development will include 100m sky deck, pedestrian bridge, 2000 residential apartments, 1000 hotel rooms, and a 1000 seat ballroom.
Register Now for Momentum of Change: Brisbane Property Developments
Momentum of Change: Brisbane Property Developments shines a light on the mjaor Brisbane infrastrucutre and property developments that are shaping Brisbane’s future towards becoming Australia’s New World City.
Register for Early Bird Tickets
- When: 21 May 2020
- Time: 6PM – 8PM
- Location: Brisbane City (More details to be provided)
- Ticket Inclusions: Your ticket includes networking with business leaders, panel discussion, event giveaways, drinks and light catering.