QUEENSLAND Deputy Premier and Minister for State Development, Infrastructure and Planning Jeff Seeney last week announced the start of the expressions of interest process for stage one of the Yeerongpilly Green project, in Brisbane's inner south.
The release of the first stage of Yeerongpilly Green follows the State Government's finalisation of the Yeerongpilly Transit Oriented Development planning framework that regulates development of the 14 hectare state-owned site.
The first stage offer includes over 4.6 hectares of land suitable for development across 10 lots. The site has the potential to accommodate more than 260 new residential apartments, 8,750 square metres of retail space and 9,800 square metres of commercial space. Historic buildings on the site will be protected and revitalised as part of the development.
"Yeerongpilly Green is expected to generate approximately 180 jobs during construction and delivers on our government's commitment to provide better infrastructure and planning in Queensland," Mr Seeney said.
"The new precinct will offer excellent lifestyle advantages, including access to nearby recreational facilities such as the Queensland Tennis Centre, golf courses and children's playgrounds".
Mr Seeney said the call for expressions of interest followed rigorous community consultation conducted earlier this year.
"The Department of State Development, Infrastructure and Planning reviewed 76 submissions from members of the community, local businesses, organisations and elected representatives," he said.
The Yeerongpilly Green site is located between the Queensland Tennis Centre and Yeerongpilly Railway Station. Over the next 5 to 10 years, it is anticipated that the 14 hectare site will be transformed into a vibrant urban village, with residential, retail and commercial spaces, parks, plazas, and cyclist and pedestrian-friendly streets.
"I encourage the private sector to submit expressions of interest for Stage One and seize upon a rare opportunity to revitalise this quality Brisbane site," Mr Seeney said.