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    Coat of ArmsMedia Release
    JOINT STATEMENT
    Premier and Minister for the Arts
    The Honourable Annastacia Palaszczuk
    Minister for State Development and Minister for Natural Resources and Mines
    The Honourable Anthony Lynham

    Echo consortium wins Queen’s Wharf Brisbane prize

    JOINT STATEMENT

    Premier and Minister for the Arts
    The Honourable Annastacia Palaszczuk

    Minister for State Development and Minister for Natural Resources and Mines
    The Honourable Anthony Lynham

    Tuesday, July 21, 2015

    Echo consortium wins Queen’s Wharf Brisbane prize


    The Destination Brisbane Consortium – including Echo Entertainment - has won the right to develop the multi-billion dollar Queen’s Wharf project in Brisbane’s CBD. 

    Premier Annastacia Palaszczuk today said the development would change the city and provide iconic infrastructure that would enhance Brisbane’s place on the international stage.

    “This decision will mark the largest staged construction development in Brisbane City since the evolution of South Bank,” she said.

    “It will also mark the biggest change to the tired George Street Precinct since the construction of Parliament House in 1864 and the Parliamentary Annexe in 1979.

    “This development over a nine hectare site will provide massive economic development opportunities for Queensland with the creation of up to 3000 jobs during construction and 8000 ongoing jobs.”

    “What’s more, Echo Entertainment will be relocating their headquarters to Queensland, in a sign of their commitment to this project and the welcoming business environment in this state,” Ms Palaszczuk said.

     State Development Minister Dr Anthony Lynham said Destination Brisbane had succeeded because they were deemed most likely to deliver on the project’s vision and objectives. 

    “We had two highly competitive bids for this development and the associated casino licence,” he said. 

    “The Destination Brisbane consortium’s plans for public space set them apart. 

    “Their plan for Queen’s Wharf provides space for thousands of people to eat, shop, or simply enjoy Brisbane’s subtropical lifestyle in South Bank-style open spaces and parklands. 

    “The Government’s strict probity and procurement processes have secured Queenslanders a development that will transform the city and bring exciting benefits to the people of Brisbane and visitors from regional Queensland, other states and internationally.” 

    The consortium comprises Echo Entertainment Group, operators of Brisbane’s existing Treasury Casino, Far East Consortium (Australia) and Chow Tai Fook Enterprises.  

    Some of the key highlights from the Destination Brisbane proposal include: 

    • an iconic signature “Arc” building with a feature Sky Deck containing restaurants and bars
    • five new premium hotel brands – three 6-star venues including the Ritz Carlton and Rosewood
    • a new pedestrian bridge to South Bank
    • three residential towers
    • around 50 food and beverage outlets
    • a riverfront moonlight cinema
    • a Queensland Hotel and Hospitality School with TAFE Queensland

    Site works are anticipated to commence in 2017 and run until 2022. 

    The next step is the release for comment of a proposed development scheme for the Queen’s Wharf precinct next week. 

    The scheme sets out the land uses, development criteria and infrastructure envisaged for the Queen’s Wharf priority development area.

    For further information visit www.edq.qld.gov.au/qwb-pda

    Destination Queensland:  www.DestinationBrisbaneConsortium.com.au

    Contact: 0439 341 314