Decision on horizon for key marina section of huge North Harbour development at Burpengary - Queensland Property Investor
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Decision on horizon for key marina section of huge North Harbour development at Burpengary

Decision on horizon for key marina section of huge North Harbour development at Burpengary

THE marina development at North Harbour, Burpengary, is a step closer after work in the Caboolture River was given the green light.

North Harbour developers North East Business Park, along with neighbouring developer Trask Development Corporation, applied to the State Government to carry out work that would allow construction of the marina on the south bank of the river.

The government wanted reassurances that the work would have no impact on the river, landholders and marine life.

It also wanted assurances on who would be responsible for managing eronsion on the northern bank, apposite the proposed marina.

Moreton Bay Regional councillors, at the December Coordination Meeting, agreed to take responsibility for the funding, ownership and ongoing maintenance of areas within the application area.

It was believed that Unitywater would also contribute to the erosion works.
North Harbour project director Peter Lightbody said there were still some steps to go before the marina went ahead, but it was an important step.

“There has been a lot of discusssion over who does what in the river,” he said.

“This council resolution means the council will look after the northern bank along with Unitywater with us as proponants on the southern bank.

“That means some entity has been identified for all componants and hopefully it is a way forward and a catalyst to get approval.”

Cr Peter Flannery (Div 2) said there would be significant economic benefits as a result of the decision.

“Caboolture River is currently eroding and I believe in the future we’ll have to take action to prevent erosion to our assets along there,” he said.

“The Federal Government has previously said they are happy for this to occur. There is a lot of community support for this, people are asking me when is it going to happen.”

Cr Adam Hain (Div 3) said once competed North Harbour would be “the most significant development in the northern end of the region” and a “game changer”.

Crs Darren Grimwade and Allan Sutherland declared a conflict of interest as one of the applicants was a political donor of theirs, left the Chamber and did not vote.

Trask Development Corporation owns land next to the North Harbour project and has been working with North East Business Park on getting approvals.

North East business park at Burpengary East.

North East business park at Burpengary East.

North Harbour developers North East Business Park, with neighbouring developer Trask Development Corporation, applied to the State Government to carry out work that would allow construction of the marina on the river’s south bank.

The government wanted reassurances work would not impact the river, landholders or marine life and to know who was responsible for managing erosion on the north bank, opposite the proposed marina.

Moreton Bay Regional councillors last week agreed to take responsibility for the funding, ownership and ongoing maintenance of areas within the application area.

Originally Published: www.couriermail.com.au

Brisbane

Lord mayor releases Victoria Park draft masterplan without cost figures

Lord mayor releases Victoria Park draft masterplan without cost figures (1)

Brisbane lord mayor Adrian Schrinner has refused to provide an estimated cost of the redevelopment of Victoria Park as he released its draft masterplan.

When asked on Sunday about the total estimated cost was for the park, Cr Schrinner refused to answer.

“We’re not at that stage yet,” he said.

“The consultation process and design process has been funded, but ultimately it would be jumping the gun to put an overall cost on the park until we finalise the consultation.

“It would be premature to put a cost on at that stage.”

Labor lord mayoral candidate Pat Condren said he supported the redevelopment but was concerned about funding.

He said Brisbane residents he spoke to were worried about developers getting “a foothold” and “some of the land sold off to pay for the repurposing of it”.

“I really do question their commitment to not letting private enterprise and not letting developers into this space,” Mr Condren said.

But Cr Schrinner was firm in saying property development was not an option in the masterplan.

“One thing we’re being clear to rule out is any kind of property development in this park. We have made it clear that is not happening,” he said.

“[The plan] will then lead into council’s budget process so that we can include new funding for Victoria Park going forward in the new financial year.”

The draft masterplan promises mountain bike tracks, high ropes courses and a vegetable patch.

It also features a 1.4-hectare lake, skate park, tennis courts, a children’s water park and a canopy walk and tree house.

The 18-hole golf course will be closed after the council found a 16 per cent decline in use.

The function centre, golf club, driving range and putt-putt course would remain due to their popularity.

Lord mayor releases Victoria Park draft masterplan without cost figures (2)

Cr Schrinner said the council was planning to deliver a new public golf course in Cannon Hill.

Residents can have their say on the draft masterplan by visiting the Brisbane City Council website.

Cr Schrinner said more than 5500 ideas for the space had already been submitted.

“What the community has put forward will generate a truly iconic world-class park here in Brisbane,” he said.

“This will be the largest park created in 50 years and it will be one that will serve our community for generations to come.”

Opposition leader Jared Cassidy said King George Square’s refurbishment was one example of a Labor council’s vision for public spaces.

“That used to be the green heart of the city of Brisbane,” he said.

“When the LNP got in and did the redevelopment, they turned that into a private enterprise space.”

Consultation will be open until April 28.

 

 

Source: www.brisbanetimes.com.au

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Brisbane

Construction on Cross River Rail Hits Milestone

Construction on Cross River Rail Hits Milestone

Demolition, tunnelling and new stations are on track on the government’s $6 billion-plus Cross River Rail project as major contractors pass critical project milestones this year.

Eleven new worksites will be opened and 1500 workers employed as the project doubles in size with demolition at Roma Street and Albert Street, tunnelling starting between Woolloongabba to Boggo Road, station upgrades and work starting on new Gold Coast stations.

There will be three major infrastructure works taken out on the Cross River Rail by the state government and private sector.

The Pulse consortium will deliver the tunnel, stations and development—a partnership led by CIMIC Group companies, Pacific Partnerships, CPB Contractors, and UGL with international partners DIF, BAM and Ghella.

Unity Alliance will deliver the rail, integration and systems bringing together CPB Contractors, UGL, AECOM and Jacobs, and partners Hassell, RCS Australia, Acmena, Martinus Rail and Wired Overhead Solutions.

Work has begun on the new European train control system set to be piloted on the Shorncliffe line to be delivered by Hitachi Rail STS.

Cross River Rail minister Kate Jones said they already had 1000 workers and seven worksites open around Brisbane.

“A worksite has now been established at Boggo Road, the existing site at Woolloongabba is already a hive of activity, demolition at Albert Street in the heart of the CBD is well advanced and work at Roma Street is well and truly under way,” she said.

“Regular rail users may have noticed extensive work has also begun in our rail corridors, particularly near Normanby where the project’s northern tunnel portal will be built.”

Work is also expected to start at the RNA Showgrounds Exhibition station, at stations from Salisbury through to Fairfield, on the Gold Coast where new stations are being created at Pimpama, Helensvale North and Merrimac and at the project’s Southern tunnel portal, south of Boggo Road.

This follows a busy year for the project which saw major contractors, established multiple new worksites, revealed the location of three new Gold Coast stations and launched a Precincts Delivery Strategy.

 

 

Source: theurbandeveloper.com

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Brisbane

USC Moreton Bay Campus attracts property buyers

USC Moreton Bay Campus attracts property buyers

The USC Moreton Bay campus, scheduled to open in Petrie this year, is helping to increase interest in the Pine Rivers property market and buyer activity will only increase, according to a local real estate expert.

According to data from Core Logic, more than half of the suburbs in the Pine River Press catchment area saw average growth in property prices in 2019, while everyone except Dakabin has seen an increase in average property prices in the past three years.

The outstanding performance of 2019 was achieved by Dayboro, where the average property price rose 16.9 percent to $ 591,000.

Clear Mountain ranked second, up 16.3 percent to $ 802,250, while cashmere rose 5.4 percent to $ 769,450.

Mark Rumsey, sales manager at David Deane Real Estate Strathpine, said the real estate market at Pine Rivers was solid in 2019.

“It was hit by the impact of the royal banking commission’s actions and the federal election earlier this year, but has grown steadily since then,” he said.

“There was a lot of investor activity due to the university and the first home buyers were solid with interest rates at such record lows.”

According to Rumsey, Strathpine, Lawnton, Bray Park and Petrie were the top-selling suburbs in 2019. The university and subsequent development that it supported met with keen interest.

“We are so close to the bay, rural areas, the north and south coasts, 25 minutes from the city, and have an average house price of only $ 425,000 for properties with large blocks and great value,” said he.

Mr. Rumsey predicted that 2020 would be an even better year for real estate in the region.

“The new first incentives for home buyers, possible rate cuts, the opening of Petrie University and Brisbane’s second runway will make our region and Brisbane have a very good year of growth overall,” he said.

“We are very excited about the development of our region and some of the exciting new projects that are being put into practice.”

 

 

Source: themediatimes.com

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