Premier, Annastacia Palszczuk has announced that market sounding is set to begin on a new Brisbane Live arena as part of the city’s Cross River Rail project.
“We know that by unlocking under-utilised land in the heart of the city, like Roma Street, we can leverage significant private sector investment and create jobs,” Ms Palszczuk said.
“Brisbane Live has the potential to deliver 450 jobs per year during construction, with 1,000 jobs in the peak year and 600 ongoing jobs once operational.”
She said the Cross River Rail Delivery Authority would be seeking the best concepts from the private sector.
Minister for Cross River Rail, Kate Jones said the Cross River Rail Delivery Strategy would provide development opportunities at the five new high-capacity stations at Boggo Road, Woolloongabba, Albert Street, Roma Street, and Exhibition.
“The strategy will see up to 22 hectares of prime real estate in the heart of Brisbane revitalised,” Ms Jones said.
“Expert analysis shows the Cross River Rail Precincts could help generate up to $20 billion worth of new economic development and around 35,000 new jobs.”
The strategy includes different themes for each of the five precincts.
Exhibition Station Precinct would accelerate the area’s urban renewal creating a connected health, housing, and recreation hub; Roma Street would become the western gateway to Brisbane City’s premier cultural and entertainment offerings.
Albert Street would be the stimulus for a city heart transformation; Woolloongabba would become a vibrant centre for community, sport, and health, and Boggo Road would develop further into a world-class innovation precinct, specialising in research, health, science and education jobs of the future.
