Latest News

Back to Latest News back

 

Destination Brisbane Consortium successful in bid to redevelop Brisbane’s Queen’s Wharf

Destination Brisbane Consortium successful in bid to redevelop Brisbane’s Queen’s Wharf
July 21, 2015

Brisbane’s heritage-listed Treasury Casino is to be transformed into a high-end department store as part of Destination Brisbane's winning bid to redevelop Brisbane's Queens Wharf precinct.

The consortium, made up of Echo Entertainment Group, Far East Consortium and Chow Tai Fook Enterprises, was announced as the bid winner on Monday afternoon by Queensland Premier Annastacia Palaszczuk.

Premier Palaszczuk advised that an independent panel assessed the Echo bid, and the rival proposal by James Packer's Crown Resorts, stating “one of the signature efforts was this large amount of public space that families will be able to enjoy, plus the probity checks, as well as the consortium was able to demonstrate to government that they are ready to proceed. We needed to have that financial security.”

Queensland State Development Minister Dr Anthony Lynham said the project would be "transformational for Brisbane" adding “it'll do what South Bank did for Brisbane 30 years ago.”

The Destination Brisbane/Echo consortium include a feature ‘Arc’ building that will house the new casino, five new premium hotels, 50 restaurants and bars, a new lyric theatre at the Queensland Performing Arts Centre, a riverfront cinema, dozens of unique attractions, including a water and light show and major areas of public event space – equivalent to the size of 12 football fields.

Dr Lynham added that the event space would be able to accommodate 26,000 people while the development “gives a greater number and variety of restaurants and also a greater number and variety hotels, including four five and six star hotels."

Echo Entertainment Chief Executive Matt Bekier said the consortium's Queen's Wharf would "be an asset for this state that will compete with anything around the world".

Bekier stated “a development of which the people of Brisbane will be immensely proud.”

Destination Brisbane previously estimated their precinct would generate at least 8,000 new jobs for Queensland.

Work is not expected to start until 2017, after ministerial offices and public servants are moved into the new executive building under construction at 1 William Street.

The redevelopment area is state-owned land, generally located between the Brisbane River and George Street, and between Alice and Queen Streets.

The area contains significant heritage buildings, a number of under-utilised government buildings as well as neglected riverfront land under the Riverside Expressway.

Welcoming the announcement, pro-development lobby group the Tourism & Transport Forum Australia (TTF) said the announcement of a preferred proponent marked an important step forward in the development of Queen’s Wharf, which would dramatically enhance Brisbane’s tourist appeal.

TTF Chief Executive Margy Osmond stated “I am delighted that the Palaszczuk Government has made it a priority to push on with the development of Queen’s Wharf.

“With a preferred proponent now announced, I am sure the project will quickly become an exciting reality for Brisbane, Queensland and the many visitors who will come here to enjoy the great facilities.

“Queen's Wharf will turn an already vibrant city into a truly exciting world-class destination that attracts new visitors and investment to the State.”

Images: The 'Arc' building at the heart of the Destination Brisbane Consortium proposal (top) andhow the Destination Brisbane Consortium's proposal will look from the Southbank pool (below). Images courtesy of Destination Brisbane Consortium 2014.

29th January 2015 - CONSORTIA REVEAL PLANS FOR BRISBANE QUEEN’S WHARF INTEGRATED RESORT

21st February 2014 - QUEENSLAND GOVERNMENT KEEN TO ATTRACT ‘INTEGRATED RESORT’ DEVELOPMENTS


Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

Otium Planning Group

Otium Planning Group is a contemporary sport and leisure consultancy providing services in planning, facility development, management and funding for the sport, recreation and leisure industries…

read more

Aquatics / Consultants / Recreation / Sport / Venues

 
 
 

REGUPOL

Regupol Australia Pty Ltd offers a comprehensive range of recycled rubber fitness and leisure flooring surfaces. Their range of products include everroll rubber flooring, Regupol elastic…

read more

Fitness / Recreation / Safety / Surfaces

 
 

AAC ID SOLUTIONS

AAC ID Solutions is a leading supplier of identification access wristbands, barcoded wristband tickets, lanyards, membership products and RFID solutions for events and venues, working with thousands…

read more

Access / Marketing / Safety / Ticketing

 
 

Neptune Benson

Neptune Benson is a manufacturer of high quality water filtration and disinfection products for the recreational, industrial, and municipal water markets. With more than 20,000 installations…

read more

Aquatics / Design / Recreation

 
 

Polin Waterparks

Polin was founded in Istanbul in 1976, and has since grown into a leading company in the waterparks industry. Today Polin is one of the world leaders in the design, production, and installation of…

read more

Aquatics / Attractions / Play / Waterparks

 
 

HIDROPLAY

Hidroplay welcomes you to the exciting world of children's Playscapes, waterslide's and Water Attractions. Appealing to families, Hidroplay increases patronage in your facility during those…

read more

Aquatics / Play / Recreation

 
 

DEBITSUCCESS

Over the past 10 years Debitsuccess has been providing expert billing services to businesses across Australia. Debitsuccess is now the largest full service direct debit provider in Australasia,…

read more

Billing / Finance / Fitness / Golf / Recreation

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business