The project is set to include a world-class integrated resort and new entertainment precinct adjacent to the CBD and riverfront, connected to South Bank.
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 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.”
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.
The project will include:
- Iconic world-class Integrated Resort and new entertainment precinct adjacent to the CBD and riverfront, connected to South Bank
- More than 1100 new premium hotel rooms to operate under five new brands to Brisbane, including Ritz-Carlton and Rosewood Hotels and Resorts
- The iconic signature “Arc” building, including a spectacular feature Sky Deck, with restaurants and bars fully accessible to the public
- Fifty restaurants and bars, from hatted fine dining to pop-up cafes
- Enhancement of the Brisbane riverfront and public parklands in the precinct, including a new pedestrian and cycle bridge to South Bank to improve the connectivity and amenity along the waterfront, activating twelve football fields of new and revitalised public space
- Repurposed Treasury Casino and Hotel buildings to bring to life the overall precinct vision from Queen to Alice Street
- World class gaming facilities
- Significant event space in the precinct with three major event spaces having capacity to cater to up to 60,000 people
- Significant retail facilities across the precinct
- Tourism attractions including a light and water river show
- More than 5000 car parking spaces, with more than 3500 available for the Integrated Resort, to make the precinct fully accessible to local visitors
- Residential precinct of approximately 2000 apartments
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