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Major Infrastructure Projects Kicking Off Development

Major Infrastructure Projects Kicking Off Development (1)

Population growth, congestion in capital cities, transport and arterial roads, as well as the need to improve regional connectivity has continued to drive record levels of spending on major infrastructure projects across Australia.

More than $123 billion of construction work has commenced since 2015, with a committed forward pipeline of more than $200 billion aiming to build for a population projected to grow by 24 per cent to 31.4 million by 2034.

Infrastructure has remained a key focus in the urban fringes of Australia’s four largest cities—Sydney, Melbourne, Brisbane and Perth—where the majority of the country’s population boom is occurring.

There are currently 130 major infrastructure projects under way with many property developers eyeing off valuable neighbouring land banks to provide housing to accommodate the nation’s rising numbers.

High-profile development projects close to new planned infrastructure and growth areas have continued to pop up across the country with a number of masterplan communities aiming to tap into the high degree of transport and infrastructure connectivity.

Here are the five major infrastructure projects currently spurring commercial and residential development across the country.


5. Metronet (WA) $4.1bn

Major Infrastructure Projects Kicking Off Development (2)

Perth’s ambitious $4.1 billion rail program, Metronet, will deliver 72 kilometres of new passenger rail and up to 18 new stations.

The Metronet plans include a rail link between Cockburn and Thornlie, a train line to Ellenbrook and extensions of the Midland and Armadale lines.

The WA Planning Commission recently approved the structure plan for Alkimos Central a new development centre providing a mix of residential, retail, recreational, entertainment and commercial uses in the fast growing suburb of Alkimos which is projected to hit a population of 60,000.

The 200-hectare Alkimos Central project, headed by Landcorp, will be built around the first new Metronet station, and is set to be complete by 2021.

The Midland, Bayswater and Forrestfield station precincts have also been combined into a redevelopment area known as the Metronet East Redevelopment Area.

Meanwhile, developers including Mirvac, Australian Capital Equity, Frasers Property Australia, LendLease Development and PowerHouse City have moved to redevelop the long-dormant East Perth Power Station site after $30 million was contributed to the site by the WA Government to prepare it for future development.

The government highlighted the needs to transform the waterfront site that has sat vacant for nearly 40 years, providing an opportunity to create a new Metronet precinct around East Perth Station.

4. Western Sydney Airport (NSW) $5.3bn

Major Infrastructure Projects Kicking Off Development (3)

It’s been one year since construction giant Lendlease and CIMIC began undertaking major earthworks on the Western Sydney airport at Badgerys Creek with a multitude of high profile developers jockeying to secure land banks at the new Aerotropolis.

The Aerotropolis is a region earmarked to take advantage of economic activity stimulated by the new airport, which is due for completion in 2026, and is anticipated to create upwards of 200,000 jobs by attracting new and emerging industries.

Up to of 11,000 hectares of land surrounding the $5.3 billion airport has been made available after being divided into 10 precincts, with three initial precincts—the Aerotropolis Core, Northern Gateway and South Creek—identified by the government as offering the greatest growth potential.

Six of the 10 precincts will be given priority for rezoning by the middle of the year.

The first precinct, the 1,055-hectare Aerotropolis Core, is set to deliver 60,000 jobs and 8,000 homes when fully-developed, while the 1,120-hectare Northern Gateway will deliver 22,500-plus jobs and 3,400 homes.

Major players which ambitions to build residential and commercial projects near the airport include Mirvac, Scentre Group, Lendlease and Logos.

UNSW Sydney, the Univer­sity of Newcastle, University of Wollongong, and Western Sydney University are also negotiating with the Western City and Aerotropolis Authority to establish a combined facility.

3. Cross River Rail (Qld) $5.4bn

Major Infrastructure Projects Kicking Off Development (4)

Queensland’s biggest infrastructure project, the $5.4 billion Cross River Rail, is pressing forward with 18 worksites across the city including demolition at Albert Street in the heart of Brisbane’s CBD and work at Roma Street under way.

The Pulse consortium led by Cimic Group is currently delivering the $2.7 billion worth of tunnels, stations and development of the public-private partnership.

The project, which will include four new underground stations and upgrades to six existing stations across Brisbane, will also result in the multi-billion-dollar redevelopment of the Woolloongabba and Roma Street precincts.

The underground projects, part of Brisbane’s broad infrastructure pipeline, which includes the $3 billion Queen’s Wharf Project, new Brisbane Airport Redevelopment, and Brisbane Quarter, is also playing a large part in the city’s improving employment base and push for commercial development.

The pipeline of mega projects has caused a rise in demand for high-quality office space with 23,600sq m absorbed over the past six months predominantly by resource-industry employers and the co-working sector looking to be desirable city centre locations.

2. Melbourne Metro Tunnel (Vic) $11bn

Major Infrastructure Projects Kicking Off Development (5)

The new $11 billion Melbourne Metro rail tunnel will enable more than half a million extra passengers to use Melbourne’s rail network during peak periods every week, and save people up to 50 minutes each day during their commutes.

The transport project, which is building twin nine‐kilometre rail tunnels through the central business district from South Kensington to South Yarra and five new underground stations, is scheduled for delivery in 2025.

Costs of the project, have been rumoured to already have blown out by as much as $2 billion, partially due to the scope of the project being widened and unexpected technical risks.

The new stations, located at Arden, Parkville, Domain as well as two new CBD stations, are anticipated to drum up residential development with upwards of 600 hectares of land available for urban renewal on the doorstep of Melbourne’s CBD.

The 56-hectare Arden Urban Renewal Precinct in North Melbourne is high on the list of government priorities, with the new station expected to drive development in the area.

The precinct is slated to deliver more than 1 million square metres of developed real estate to accommodate 34,000 new knowledge-intensive jobs and 15,000 new residents as it evolves into a new destination for Melbourne.

1. Sydney Metro (NSW) $22bn

Major Infrastructure Projects Kicking Off Development (6)

The Sydney Metro, being built across three stages, City and Southwest, Northwest, and West, is currently Australia’s largest public transport project.

The CBD and south-west extension, due to open by 2024, will cost up to $12 billion, and a further extension into the western suburbs will cost another another $10 billion, according to the pipeline.

The public transport project will deliver 31 metro stations and more than 66 kilometres of new metro rail across Sydney providing for up to 40,000 people per hour, almost double the 24,000 people the current suburban rail network carries.

Singapore-backed Frasers and the private Winten Property Group recently received planning approval for four commercial buildings ranging between nine and 17-storeys to be located at the entrance to Macquarie Park’s new Sydney Metro station.

The $750 million Macquarie Exchange, located on a 15,600sq m site in suburban Sydney, will comprise 74,093sq m of commercial space, 5693sq m of retail including a proposed childcare centre and gym and a central park with more than 2200sq m of green space.

At the Castle Hill Showground Metro precinct, the NSW Government has plans for nine residential and commercial buildings up to 20-storeys high.

A total of 1,900 homes have been proposed as part of the redevelopment of the Metro precinct, which has been the centre of several multimillion-dollar proposals from private developers since the NSW government announced the area would be a priority precinct.

While at Cherrybrook Metro Station, plans to transform humble homes into 46 high-rise towers ranging from two to 16 storeys in height—which were rejected by a northwest Sydney council last year—have been revived.

The multi-million-dollar proposal by Sydney-based developer Toplace, would see dozens of towers stretch along Castle Hill road, is currently within a rezoning review submitted to NSW Planning.

The Kellyville and Bella Vista station precinct proposals by the government’s development arm Landcom, could also provide up to as many as 5,600 homes in buildings up to 21-storeys high around two new rail stations in Sydney’s north-west.

The green light has also been given to the “Metro Quarter” proposal by the government’s UrbanGrowth Development Corporation, paving the way for three residential towers of 23, 25 and 29-storeys and four commercial buildings up to 10-storeys at the Waterloo site.



This article is republished from under a Creative Commons license. Read the original article.

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Brisbane’s South Bank 2050 Masterplan Team Announced

Brisbane’s South Bank 2050 Masterplan Team Announced

A consortium to deliver South Bank’s 30-year masterplan has been appointed, as part of plans to transform the 42-hectare riverfront precinct in Brisbane’s inner city.

“Future South Bank Group” is the consortium, which is led by Urbis and comprises Cox Architecture, Arup, Cultural Capital, Complete Streets, London-based Gillespies and New York’s Projects for Public Spaces.

“South Bank is an integral part of Brisbane’s urban fabric,” Urbis design director Natalie Hoitz said, commenting on the appointment.

The consortium will deliver the 30-year vision, which is currently open to public consultation, with a finalised draft master plan slated for release in September.

Brisbane’s South Bank 2050 Masterplan Team Announced (1)

“No costs have been established to date as this is part of the process we need to go through,” Hoitz told The Urban Developer.

“At this stage, hearing from the community and stakeholders and understanding the audience now and into the future is critical.

“There are a range of activities planned in the coming months and already underway for the community to have their say,” Hoitz said.

The master plan, which will be funded by South Bank Corporation, will cover the 42-hectare area, and includes the 17-hectares of parklands.

The Queensland government and South Bank Corporation announced South Bank’s 2050 master plan in 2018, coinciding with the approaching 30th anniversary of Brisbane hosting the World Expo in 1988.

Brisbane’s South Bank 2050 Masterplan Team Announced (2)

In the 1980s the industrial riverfront site was developed to become home to the World Expo ’88.

The transformation of South Bank, first a meeting place for traditional landowners, the Turrbal and Jagera people, became an early colonial port and industrial zone.

It was at the Expo’s conclusion, state government retained South Bank under government ownership, creating the South Bank Corporation in 1989.

In 1992, the parklands officially opened to the public.

Brisbane’s South Bank 2050 Masterplan Team Announced (3)

While changes and the vision’s costs are yet to be confirmed, South Bank Corporation states that heritage-listed venues and buildings will be retained.

Earlier this month a masterplan for the revitalisation of inner-Brisbane’s Victoria Park golf course into a 45-hectare public parkland was released, as Brisbane’s inner city continues its transformation.

Across the river from South Bank, located on Brisbane’s CBD river edge, is the $3.6 billion Queen’s Wharf development which is slated to open in 2022. The project will join the recent completion of the Howard Smith Wharves entertainment precinct, located under the Story Bridge.

The South Bank master plan will be a thirty-year document, with its final implementation subject to South Bank Corporation and state government approval.




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Brisbane’s ‘Central Park’ Masterplan Revealed

Brisbane's ‘Central Park’ Masterplan Revealed (1)

A masterplan for the transformation of Victoria Park golf course into a 45-hectare public parkland in Brisbane’s inner north has been unveiled.

While costs to convert the 18-hole golf course are yet to be released, the existing park—located two kilometres from the CBD—will start the transition into a parkland in 2021.

While revealing the masterplan tipped as “Brisbane’s biggest park in 50 years”, lord mayor Adrian Schrinner ruled out property development for the inner Brisbane site, but said that the putt putt course, driving range and function centre would remain.

“This is going to be a sanctuary in the city for residents and visitors,” Schrinner said.

Brisbane's ‘Central Park’ Masterplan Revealed (2)

The masterplan includes a 1.4-hectare lake, boardwalks and trails, a high-ropes course, children’s water park, skate park and tennis courts.

A cultural hub with Indigenous art, a community garden and urban farm is also slated for the 45-hectare park.

Owned by Brisbane City Council, the golf course site has seen visitor numbers drop by more than 15 per cent over the past eight years.

The draft plan is now out for public consultation following the release of five creative concepts from architecture and planning firms last year.

“This iconic park will also drive tourism by attracting national and international visitors, given its proximity to the city and public transport links, including the Brisbane Metro,” Schrinner said on releasing the plan.

The Victoria Park concept plan is now open to the public until April 28 on the Brisbane City Council’s website.




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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.




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