The Queen’s Wharf project will be located in the heart of Brisbane with a circumference spanning the Brisbane River to George Street and Alice Street to Queen Street. There will be a riverfront connection to the Goodwill Bridge and a new pedestrian bridge to South Bank.
The project is anticipated to be more than 12 football fields of the public realm that has been both redeveloped and enhanced. This includes the heritage listings and government buildings within the project area.
Construction of Queen’s Wharf will likely commence in 2017 with a creation of more than 2000 jobs for the building duration. The site has been announced to be operational in 2022 with a further estimation of 8000 ongoing jobs.
The employment increase is due to the signature ‘Arc’ building which will be home to a Sky Deck, restaurants and bars that will be fully accessible to the public. There will be 5 new premium hotels, a new department store and approximately 50 food and beverage outlets.
Brisbane’s employment opportunities are not the only foreseen growth by Queen’s Wharf. The tourism is predicted to have an annual increase of $1.69 billion, with 1.39 million additional tourists.
Local real estate will also reap the benefits of the project as Tower 1 with 43 levels, Tower 4 with 63 levels and Tower 6 with 45 levels will all be allocated as residential apartments. Tower 2 and 3 will be casino and hotels while Tower 5 will be purely a hotel. That gives an increase of 2000 apartments and 1100 new hotel rooms.
Celebrated Entrepreneur and Chair of the Brisbane CBD Economic Development Board, Phillip Di Bella states that Queen’s Wharf would attract both international visitors and investment by unleashing South East Queensland’s economic growth.
“Queen’s Wharf Brisbane will give boos to the Brisbane tourism.” Di Bella declared.
Richard Kirk the President of the Australian Institute of Architects Queensland Chapter and Catherin Bull the Emeritus Professor of Landscape Architecture at the University of Melbourne have both raised their concerns about the project’s location in a media release. “The impact on the city’s historic places and CBD function during construction leads to the conclusion that if the city wants a new casino precinct, post-industrial sites such as Roma Street or Kurilpa are more suitable. Both need redevelopment, but less endowed by such history.”
The project is born from Destination Brisbane Consortium in partnership with The Star Entertainment Group, a current Australian casino operator in Brisbane; Chow Tai Fook Enterprises, a private Hong Kong investment company and Far East Consortium, who have a strong property and hotel development track record.
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