Coorparoo Junction facelift a step closer
Published Wednesday, 17 July, 2013 at 10:46 AM
Deputy Premier, Minister for State Development, Infrastructure and Planning
The Honourable Jeff Seeney
The neglected Myer Building at Coorparoo is a step closer to revitalisation after the appointment of Honeycombes Property Group to redevelop the site.
Deputy Premier Jeff Seeney said the site would be developed after being left idle for years waiting for the previous Labor Government to build the Eastern Busway project.
“The old Myer Building was one of a number of buildings acquired by the former Government as part of the development site at a cost in the order of $50 million in 2009 and was left as a run-down, almost lifeless junction,” Mr Seeney said.
“The return to the state is far less than estimated by the former Government. This is just another Labor debacle that can be added to the list, along with the likes of the failed Mary Valley project.
“Since coming into government, we have fast-tracked the stalled tender process.
“The former government’s mismanagement of this site has impacted local businesses greatly through the lack of certainty and the deterioration of the buildings.
“It is important we continue to see economic development across the state, with the Coorparoo Transit Oriented Development (TOD) a prime example of what we can expect to see.
“The $150 million redevelopment will see the delivery of improved public transport infrastructure and a public plaza on the corner of Old Cleveland Road and Harries Road.”
Member for Greenslopes Ian Kaye said the development would breathe new life into Brisbane’s inner eastern suburbs.
“This development will support Brisbane City Council’s Eastern Corridor Neighbourhood Plan and reinforce our objective to develop land around key transit nodes.
“There will be a mixture of residential apartments and terrace homes along with around 1,500 square metres of retail and office space built.”
Mr Kaye said the new site would stimulate strong economic growth as the TOD draws people to the area.
“We have long been waiting for development in this area, as the tired site has been dragging our businesses down,” Mr Kaye said.
“The appointment of the Honeycombes Property Group means this area will once again be a focal point for the community.”
The site is expected to be cleared by December next year.
The development will be delivered in three stages with the first stage expected to be completed by the end of 2016.
[ENDS] 17 July 2013
Media contact: Kate Haddan 0418 373 516
Deputy Premier Jeff Seeney said the site would be developed after being left idle for years waiting for the previous Labor Government to build the Eastern Busway project.
“The old Myer Building was one of a number of buildings acquired by the former Government as part of the development site at a cost in the order of $50 million in 2009 and was left as a run-down, almost lifeless junction,” Mr Seeney said.
“The return to the state is far less than estimated by the former Government. This is just another Labor debacle that can be added to the list, along with the likes of the failed Mary Valley project.
“Since coming into government, we have fast-tracked the stalled tender process.
“The former government’s mismanagement of this site has impacted local businesses greatly through the lack of certainty and the deterioration of the buildings.
“It is important we continue to see economic development across the state, with the Coorparoo Transit Oriented Development (TOD) a prime example of what we can expect to see.
“The $150 million redevelopment will see the delivery of improved public transport infrastructure and a public plaza on the corner of Old Cleveland Road and Harries Road.”
Member for Greenslopes Ian Kaye said the development would breathe new life into Brisbane’s inner eastern suburbs.
“This development will support Brisbane City Council’s Eastern Corridor Neighbourhood Plan and reinforce our objective to develop land around key transit nodes.
“There will be a mixture of residential apartments and terrace homes along with around 1,500 square metres of retail and office space built.”
Mr Kaye said the new site would stimulate strong economic growth as the TOD draws people to the area.
“We have long been waiting for development in this area, as the tired site has been dragging our businesses down,” Mr Kaye said.
“The appointment of the Honeycombes Property Group means this area will once again be a focal point for the community.”
The site is expected to be cleared by December next year.
The development will be delivered in three stages with the first stage expected to be completed by the end of 2016.
[ENDS] 17 July 2013
Media contact: Kate Haddan 0418 373 516