PREMIER UNVEILS NEW GATEWAY TO SOUTH BANK

Published Thursday, 19 October, 2006 at 01:00 PM

Premier and Minister for Trade
The Honourable Peter Beattie

Premier Peter Beattie today unveiled the winning bid to develop 9A and 9B Collins Place, the largest remaining vacant site at South Bank.

Mr Beattie said the winning concept, with a construction value of $200 million, would provide South Bank with an impressive southern gateway.

“The site will become home to a mix of retail, hotel, residential, office and public space, while preserving the historic Collins Place at its heart,” Mr Beattie said.

“It will bring more people to this dynamic part of Brisbane, with the development expected to house more than 1200 office workers, up to 100 retail and community staff, 100 residents and up to 120 hotel rooms.

“This will revitalise the southern end of South Bank, with the concept opening up access to the precinct, its surrounding areas and the city centre.

“Increasingly, people want to live and work close to great public spaces and dynamic environments with access to efficient public transport networks and this concept delivers that.

“It will improve the public spaces surrounding the South Bank rail and busway stations and most importantly, preserve a piece of Brisbane’s history with Collins Place at the centre of the development.”

South Bank Corporation Chairman Steve Wilson said the winning bid was in line with Corporation’s expectations for the site.

“The Anthony John Group has put forward an exciting proposal that will provide a wonderful addition to South Bank,” Mr Wilson said.

“The development represents a significant milestone in achieving the precinct’s master plan – developing Grey Street as a great street.

“This significant investment in the future of South Bank will contribute to the area’s continued evolution and vision of becoming the world’s best new urban precinct,” he said.

The final design for the project will be subject to further stakeholder consultation. Construction is expected to begin mid-2007 and is scheduled for completion in 2010.

Media: 3224 4500 South Bank Corporation: 3867 2010