The Destination Brisbane consortium, led by Echo Entertainment, has been named as preferred party to develop the Queen’s Wharf precinct in Brisbane, a colossal project tourism chiefs say will transform the city.
The redevelopment of state-owned land between the Brisbane River and George Street and between Alice and Queen Streets is expected to generate around 8000 jobs and bring up to 1.4 million additional tourists to Brisbane each year. It will include a giant new casino, hospitality and residential precinct in the heart of Brisbane’s CBD and on the city’s riverfront.
Casino and hotels group Echo Entertainment is at the forefront of the consortium which won the AUD 2 billion tender, in competition against rival James Packer’s Crown Resorts.
The Tourism & Transport Forum Australia (TTF) welcomed the appointment of the Destination Brisbane consortium, saying the announcement of a preferred proponent marked an important step forward in the development of Queen’s Wharf, which would dramatically enhance Brisbane’s tourist appeal.
“I am delighted that the Palaszczuk Government has made it a priority to push on with the development of Queen’s Wharf,” TTF chief executive Margy Osmond said.
“With a preferred proponent now announced, I am sure the project will quickly become an exciting reality for Brisbane, Queensland and the many visitors who will come here to enjoy the great facilities.
“Queen’s Wharf will turn an already vibrant city into a truly exciting world-class destination that attracts new visitors and investment to the State.
“The development will transform Brisbane by reconnecting the activity of the city centre to the river, while preserving and celebrating its heritage.
“Queen’s Wharf Brisbane will be the hub that connects the defining parts of the city – the Botanic Gardens, the Queen Street Mall, the Cultural Precinct, South Bank, the Parliamentary Precinct and the Brisbane River.
“When completed, the project will not only boost Brisbane’s tourism appeal, it will also deliver high quality public spaces for the local community.”
Osmond said the Queensland Government had faced a tough choice, receiving world-class submissions from two outstanding businesses.
“The high quality of the proposals, and the work that went into making them, is in itself a strong vote of confidence in Queensland’s visitor’s economy.”
Edited by Peter Needham