The launch of a retail precinct as part of the $250 million Yeerongpilly Green development program marks a step forward for the southern Brisbane urban renewal project.
Queensland Acting Premier and Minister for State Development, Manufacturing, Infrastructure and Planning, Cameron Dick, said the shopping hub would be at the heart of the $850 million Yeerongpilly Green development.
Mr Dick said that when completed, Yeerongpilly Green will be home to 3000 new residents, a range of commercial and retail businesses, including a boutique hotel, and 2.4 hectares of parkland and open space.
“Construction over ten years will generate around 6,600 construction jobs, including 335 apprentice jobs, and 1,000 full-time long-term jobs on completion,” he said.
To date, the Queensland Government has invested $30 million into the creation of parks, plazas and infrastructure at Yeerongpilly Green.
Mr Dick also announced supermarket giant Woolworths as a major tenant, anchoring the hub’s 5000m2 of retail space.
“Woolworths’ commitment is the catalyst for development of Yeerongpilly Green’s village centre, which will be a major drawcard for prospective purchasers looking to secure a home in the first stage of this vibrant riverfront community,” he said.
“This supermarket will also generate around 100 jobs for the local community once completed.
“Around 90,000 people recently attended the Brisbane International Tennis Tournament and I’m sure they would have been delighted with the progress and change this urban renewal project has brought to the area.
“The recently opened new public park and pedestrian concourse was well-used by tennis fans as a perfect link through the renewal project from Yeerongpilly Train Station to the Queensland Tennis Centre, Ken Fletcher Park and Tennyson Reach.
“This highly-anticipated retail precinct with the new Woolworths will form the heart of the project and provide the shopping experience an urban renewal project of this scale merits.”
State Member for Miller, Mark Bailey, said the urban renewal project is already a contributing strongly to the local community.
“It’s fantastic to see this project evolve and the Palaszczuk Government has ensured the public areas are of an extremely high quality,” Mr Miller said.
In preparation for the shopping hub and first stage of the new community, Consolidated Properties has also begun a $10 million restoration program for two heritage-listed properties – The Institute and The Stables.
“The renewal project is conserving Queensland’s past, and we are pleased to see the restoration and refurbishment of the heritage Queenslander building beginning to take place,” Mr Bailey said.
Consolidated Properties Executive Chairman, Don O’Rorke, said, “Not only are we announcing Woolworths commitment to anchoring our village, we are also commencing development of one of two Heritage buildings.
“The $5 million building will be completed mid-2019 and will be used as an experience centre incorporating a sales and display suite ready for our sales launch on 3 August at which our first 91 apartments and ten townhomes will be formally released.”