Infrastructure boom hits Brisbane
Brisbane is set to experience a $15 billion infrastructure boom over the next few years as big projects finally return to Australia's third-largest city.
While the Queensland capital experienced an infrastructure sweet spot a decade ago when a toll road frenzy kickstarted the local economy, the decision by the Palaszczuk Labor government to abandon the former Newman government's $37 billion asset sales program meant the money for big projects dried up.
But Brisbane's infrastructure backlog is finally starting to move with a string of new projects, namely, the Cross River Rail project and the Queen's Wharf integrated resort and casino. Source: AFR
We’re building South East Queensland’s number one infrastructure project.
Cross River Rail unlocks a bottleneck at the core of our network, allowing more trains to run more often and enabling a turn-up-and-go transport system that will benefit the whole of South East Queensland.
Four new high capacity underground stations and an upgrade of the Exhibition station at RNA Showgrounds will also provide direct access to more places of work, study and recreation.
The Queen's Wharf integrated resort and casino, which takes over a significant portion of the CBD near the parliamentary precinct, is already under construction and is expected to completely transform the north bank of the Brisbane.