One of Brisbane’s last remaining riverfront industrial sites is set to be transformed into a thriving mixed-use precinct, with thousands of new homes.
The State Government will partner with Brisbane City Council to transform the 7.1-hectare Visy industrial site in South Brisbane with hopes of entertainment spaces, riverfront promenades, event lawns and more than 4000 extra homes.
Premier David Crisafulli said, after deciding earlier this year to not proceed with plans to use the site as the broadcast centre for the Brisbane 2032 Games, a market process to find a developer for the site had been started.
“Located 1.3 kilometres from the Brisbane CBD between South Bank and West End, the site is one of the few significant riverfront precincts still available for redevelopment in Brisbane,” Premier Crisafulli said.
He said the market launch was underpinned by a renewed Kurilpa temporary local planning instrument approved by the Deputy Premier to streamline planning approvals and enable unlimited building heights up to the flight path cap of 274m.
“We’re unlocking one of the last golden stretches of riverfront to create a world-class legacy precinct that all Queenslanders can be proud of,” Premier Crisafulli said.
“This is a once-in-a-generation moment to reshape Brisbane’s inner city and deliver lasting benefits.”
Brisbane Lord Mayor Adrian Schrinner said this was an incredible opportunity to deliver more new homes for Queenslanders and riverfront parkland in an area already serviced by public transport.
“More than 5000 new homes are planned in South Brisbane’s Kurilpa Precinct already and this builds on our plan to transform this area into one of Brisbane’s most liveable communities,” Lord Mayor Schrinner said.
To register their participation in the market process, proponents are required to submit their details via the Economic Development Queensland website.
