Another new major milestone has been marked on Queensland’s $3.6 billion Queen’s Wharf Brisbane project, with Destination Brisbane Consortium awarding the construction contract - valued approximately $1.5 billion - to Multiplex.
With this major contract award, construction is now set to begin by mid-2019 beginning with foundations and footing. Works are anticipated to reach George Street-level by late 2020 and construction on the first stage of the integrated resort development will begin by late 2022.
“Our priority is jobs and this project provides thousands - in construction and in operating this city changing development.
“And it flows through the entire economy with demand for goods and services for decades to come,” Premier Annastacia Palaszczuk said.
According to Tourism Industry Development Minister Kate Jones, this massive project is set to create opportunities for locals as well as change the race of the region.
“It’s also great for those looking for work in the construction industry - especially concreters, formworkers and foundation specialists.
“Queen’s Wharf will create 10,000 jobs in Brisbane. But we know at peak construction, more than 2,000 workers will be required on site,” Ms Jones said.
Ms Jones added that the beginning of construction on Queen’s Wharf is great news for the local construction industry. She said “because we know when our construction industry is booming, so is our economy”.
Queen’s Wharf Brisbane is expected to bring in an additional 1.39 million visitors to the region annually, providing a good flow-on effect on the local tourism industry.
The project will be covering 26 hectares of land across Brisbane’s CBD and riverside. Queen’s Wharf is set to transform this precinct “from an underutilised area into a breathtaking and vibrant oasis for locals and visitors”.
Once completed, Queen’s Wharf will have a diverse offering of entertainment, dining, retail options as well as new riverfront spaces for locals and tourists to enjoy. The development will also include hotel selections and about 2,000 residential apartments.
In August 2018, construction has commenced on the new 450-metre above water pedestrian walkway - known as Mangrove Walk - and a new recreational area between Goodwill Bridge and 1 William Street. The new walkway is set to connect the Botanic Gardens to Queen’s Wharf. Read more about this project here.
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Source: Queensland Government; The Urban Developer; Brisbane Development; Queen’s Wharf Brisbane
