Annastacia Palaszczuk announces the final plans for redeveloping Queen’s Wharf in the CBD.

We had two really exciting bids for this project, which I think speaks volumes about Brisbane’s potential as a world class city.

The Destination Brisbane Consortium – including Echo Entertainment – has won the right to develop the multi-billion dollar Queen’s Wharf project.

This development over a nine hectare site is going to transform our city, providing iconic buildings which will draw visitors from across the globe. It’ll also create up to 3,000 jobs during construction, and around 8,000 ongoing jobs.

Queens Wharf Brisbane will be the largest staged construction development in Brisbane city since South Bank. Of the two highly competitive bids for the project, it was the plans for public space which made the Destination Brisbane consortium’s bid stand out.

The signature “Arc” building at the centre of QWB will include a Sky Deck with restaurants and bars. In addition to the casino licence, there’ll be five new hotel brands, including three six-star hotels. The project also includes a new pedestrian bridge to South Bank, about 50 food and beverage outlets, and a riverfront moonlight cinema.

Site works are set to start in 2017 and the project should be completed in 2022.

In other news, congratulations to QPAC, which is celebrating its 30th anniversary in style, posting another year of record attendance. 1.4 million people saw a show at QPAC in the past financial year.

QPAC has now welcomed more than 20 million visitors to about 26,000 performances in the past three decades. Many of us saw the record run of The Lion King or Dirty Dancing. More highlights are in store when QPAC becomes a host venue for the Brisbane Festival in September and then welcomes Cameron Mackintosh’s acclaimed new production of Les Mis in November.

I’d like to send my congratulations to QPAC Chief Executive John Kotzas and his team for the wonderful programming and mix of events. QPAC’s success helps to deliver direct cultural tourism benefits and economic returns for the state.

My government values this – as you’ll have seen in our recent budget which delivered $173 million in funding for the arts. $28 million of that has been allocated over the next four years to provide upgrades to the cultural precinct, particularly in the wake of its recent heritage listing.

QPAC’s astonishing attendance figures are a reminder of how much Queenslanders appreciate the arts.