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 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
Bridge to 2032 – Brekky Ck span approved, missing link for Games athletes’ village
Brisbane is set to have another major infrastructure project underway by the end of the year after Lord Mayor Adrian Schrinner lodged the final design of the Breakfast Creek green bridge with planning officers for approval.
The $67 million project is likely to provide a smoother connection for pedestrians and cyclists moving between the fast-growing riverside development at Northshore Hamilton and the CBD.
The 80-metre arch will cross Breakfast Creek to connect Newstead Park with the existing Lores Bonney riverwalk which was part of the now completed Kingsford Smith Drive upgrade.
“This is a crucial step towards securing the final approvals we need to commence work on the green bridge that will provide a $67 million investment in local industry, deliver a new active transport options and create 140 local construction jobs,” Schrinner said.
“The Lores Bonney Riverwalk is currently used 2300 times a day, and this new green bridge will improve safety and increase capacity to the riverwalk by creating a continues walking and cycling connection.”
He said the Breakfast Creek project would join the now-approved Kangaroo Point green bridge as fast-tracked investments to create jobs as the city headed out of the coronavirus pandemic.
The council has also linked the project to the 2032 Olympics, saying it will be a “key connector” for the planned Athletes Village at Hamilton and provide a critical transport link for the Games.
Two other cross-river pedestrian and cycle links connecting Toowong to West End and St Lucia to West End remain on the council’s green bridge program books but are yet to be funded.
The council insists the remaining bridges need federal and state government funding to go ahead.
Article Source: inqld.com.au
Green ‘Grand Central’: Cross River Rail unveils changes to parklands vision
Developers of Queensland’s biggest infrastructure project, the $5.4 billion Cross River Rail, appear to have bowed to public pressure and moved to preserve more public space in its redesign of the city’s Roma Street parklands precinct.
The Cross River Rail Delivery Authority has confirmed it will allow more public open space in a revised development plan for the area.
A new development scheme for the Roma St precinct, which will contain the state’s most most important transport interchange (dubbed Grand Central) as well as the proposed Brisbane Live arena, identifies new green areas and more affordable housing than was originally planned.
The Palaszczuk government has insisted that the development of an underground Roma St station as part of Cross River Rail is a chance to revitalise an under-used part of Brisbane into a major opportunity for private investment.
The government expects that over the next 15 years there will be nearly 4200 new residents and more than 19,700 new workers within the 32 hectare Roma Street priority development area, bounded roughly by Wickham Terrace, North Quay and College Rd.
However, the delivery authority came under fire for giving over part of the Roma St parklands which houses a public car park and Brisbane City Council maintenance depot to residential and commercial development.
The authority now says under the finalised development scheme the precinct would have more “publicly accessible open space”.
“The existing 11 hectares of publicly accessible open space within the Roma St Parklands will not only be protected forever, but will be expanded even further by more than two hectares,” the authority said in a statement.
“The development scheme also provides for new social and affordable housing as part of new residential buildings parallel to the rail corridor, adding to the existing apartment complexes along Parkland Boulevard.”
“This scheme is all about renewing one of Brisbane’s most underutilised inner-city locations while protecting and enhancing the beautiful natural features that already exist. ‘
About 46,000 people each weekday are expected to use the new high-capacity underground station at Roma Street by 2036.
Article Source: inqld.com.au
What the Games Means for Brisbane’s Property Market
With the newly-announced Brisbane Olympic Games some 11 years away, the flow-on effects are likely to be gradual and centred around significant infrastructure upgrades and the associated medium-term uplift in jobs and longer-term improvements in transport efficiency
The most significant positive influence on the housing market is likely to be seen in the years leading up to the 2032 Olympics, rather than during the four weeks of the Olympic and Paralympic games themselves.
Large infrastructure projects tend to have a positive influence on housing prices, with the extra requirement for workers creating additional demand for housing during the construction process.
Large projects also tend to leave a legacy of a permanent housing demand uplift, either through additional employment or via other benefits such as improved transport options and travel efficiencies related to transport infrastructure projects as well as additional amenity introduced to the area including social and retail outlets.
As more detail comes to light about where these projects will be located we should get a better understanding of the housing market opportunities, however, the obvious candidate for an uplift in demand is Woolloongabba and the surrounding suburbs.
The proposed billion-dollar overhaul of the Gabba stadium is set to be the epicentre of Olympic activity.
Along with the Cross River Rail terminal and plaza, this precinct is likely to see a lift in desirability.
The area is already popular with investors, with around two thirds of the housing stock in and around Woolloongabba being rented. The proximity of the Princess Alexandra Hospital and Mater Hospital provide a permanent level of localised housing demand, along with easy access to the Brisbane CBD, universities and Southbank precincts.
Currently, Woolloongabba unit prices are at the lower end of the inner south unit markets with a median unit value of $458,000; about $94,000 lower than Kangaroo Point’s median unit value, $85,500 lower than West End and $38,000 lower relative to South Brisbane.
The lower price point combined with upcoming capital investment on infrastructure are likely to be a popular combination with investors and developers alike.
Other areas set to benefit would be the proposed sites for athlete villages, earmarked for Hamilton and Robina, along with areas set to benefit from transport infrastructure upgrades including the Gold and Sunshine coasts via upgrades to the M1 Pacific Motorway and Bruce Highway which could be accelerated.
Article Source: www.theurbandeveloper.com
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