Brisbane’s $3.6bn Queen’s Wharf: Construction Update

  • By Peter Gordon
  • 17 Dec, 2019

This will be incredible for Brisbane. Make sure you watch the video below.

Construction on Brisbane's $3.6 billion Queen's Wharf development is well under way, with five levels of basement closing nearing ground level.

The giant hole in the ground, which drops down 26 metres, is fast being transformed into Queensland’s largest basement and underground car park, set to provide up to 2,000 car parks.

More than three Olympic pools worth of concrete has already been pumped into the basement build with six satellite concrete pumps across site pouring more than 8,300 cubic metres of concrete into the foundations.

The number of on-site construction workers also is beginning to rise with the ranks of its current 250-strong workforce expected to increase to 500 by the end of the year and at peak be up to 2,000 workers on site.

Privately-owned Destination Brisbane Consortium—which includes the Star group, developers Far East Consortium and Hong Kong-based Chow Tai Fook—is responsible for the integrated resort after being selected by the Queensland Government to transform the historic yet underutilises site.

“We are now at level four of the car park basements under the east end of William Street and expect to reach street level around Easter 2020,” Destination Brisbane Consortium project director Simon Crooks said.

“This means William Street will be reconstructed and used by construction traffic to build the remaining basements and podiums levels.”

“This time next year the podium levels will be well and truly sitting above George Street as we work towards completing the tower shells for fit out in 2022.”

Builder Probuild began excavation on the site in 2017, removing close to 400,000 cubic metres of material from the site, much of which has gone to Brisbane Airport for reclamation work and to build the BNE auto mall.

In July 2019, Probuild handed over the massive task of building what is Queensland’s largest construction project to construction giant Multiplex.

The Queen’s Wharf precinct, which has taken more than a significant footprint of the CBD, will include four new luxury hotels, more than 50 new bars and restaurants, along with 2,000 residential apartments for the completed major development.

Fifth and sixth apartment towers have been approved for the site, offering 1,360 apartments, but the construction timing has not been confirmed.

The 500-metre foreshore, including the newly created Mangrove Walk and upgraded Bicentennial bikeway, opened in October of this year while the wharf precinct is expected to open in late 2022.

There is significant public space integrated into the design of the development as well—the equivalent of 12 football fields.

This public space will help to accommodate the additional 1.39 million visitors expected in Brisbane as a result of the project. The development has also earned a 6-star Green Star Communities rating.

In addition to the main works, attention in 2020 will turn to the public realm as construction of the pedestrian bridge to South Bank will commence and works for The Landing will continue. Piling at South Bank is expected to start mid-way through the year.

“The Neville Bonner Bridge works are expected to kick-off with site establishment at South Bank in February 2020,” Crooks said.

Victorian company Fitzgerald Constructions, responsible for Melbourne’s Jim Stynes Bridge and Seafarers Bridge, will oversee the construction of the Neville Bonner Bridge, named after the Queensland federal MP.

If you've ever considered Brisbane for investing contact the team for a preview of our properties


By Peter Gordon April 26, 2023

Quiet simply, the Palms is the place to buy!

The northern beaches of Cairns is the Nation's best location for property investors right now, and The Palms is the premier development in this boom region.

It has the best location being elevated and backing onto the rainforest. It will have amazing facilities with a shopping village, a primary school, parks and green open space, a water park and an expanse of wildlife corridors.

It has taken the developers three years to get planning approval for this unique development to be able to hit the market. There are only 300 lots spread across 85 acres of the best land in The Northern Beaches.  Residents will have an abundance of open space right at their doorstep.  The Palms is also the only Certified Enviro Development project in Far North Queensland.

> Cairns Snapshot

By Peter Gordon April 20, 2023

Sydneysiders and Melburnians, put aside your equally outstanding flat whites for a moment. Stop bickering about whether great beaches beat cool laneways (they do) and desist from debating whether all baristas require waxed moustaches (ideally).

Because Brisbane is closing in on the title of Australia’s best city, and we must join forces to keep this subtropical upstart in its place.

Time  magazine recently named Brisvegas on its “World’s Greatest Places” list, and omitted our cities. It’s a huge shock (and who knew they still published Time  magazine?). But they might be onto something.

Time  points to the 2032 Olympic and Paralympic Games, which will be hosted in the maroon metropolis. Brisbane will do a fine job, even though it’ll baffle the world when rugby league is added to the schedule and Queensland is allowed to field its own team.

Time’s  most radical claim is that Brisbane is worth visiting now, but tourism is surging. Not only did Lin-Manuel Miranda recently drop in to catch Hamilton , but hundreds of Hamilfans flew up to watch his interview with Leigh Sales (presumably unaware that it would subsequently arrive on iView for free).


By Peter Gordon April 6, 2023
This small duplex development just a short drive from Hervey Bay on Queensland’s beautiful Fraser Coast, offers an incredible lifestyle at an affordable price. With unprecedented demand and very limited supply, prices look set to skyrocket.

A leading local agent has appraised each side of these duplex's to be worth $665k on completion and rent for $495 per week. So that is massive potentail instant equity of up to $390K on completion, which is incredibly hard to find.
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