The Property Council of Australia is overjoyed by the International Olympic Committee's announcement that Brisbane will be the host of the 2032 Olympic and Paralympic Summer Games.
Queensland Executive Director of the Property Council, Jen Williams, congratulated all three levels of government for their joint approach to securing this once-in-a-lifetime opportunity for South East Queensland.
"Brisbane's Olympic journey started over six years ago, through the advocacy of the Council of Mayors. It is a great credit to the Mayors, the Queensland Government and Commonwealth Government, that their unwavering commitment throughout trying times, has been rewarded with this successful bid," Ms Williams said.
"As the very first feasibility study showed, this opportunity is about more than the two weeks of sporting events. It is about utilising a global platform to turbocharge an ambitious social, economic and environmental agenda for our state.
"Today's announcement signifies the start of Brisbane's golden decade of opportunity, with the eyes of the world now squarely focused on how our city will rise to the occasion.
"COVID reinforced the physical beauty, safety, and security of investment in Australia, and the timing of this announcement will only further international interest in investing in our great state.
"With a fixed timeline for delivery, this is our chance to bring together business, community and government to define who we are and showcase to the world just how great it is to live, work and play in Queensland.
"Among other things, this decision will allow government to bring forward major infrastructure projects and improve the connectivity, liveability and quality of life for many Queenslanders. Finalising the SEQ City Deal will form a key part of this.
"As the investors in and creators of cities and places, the property industry is excited by the role our industry will play in the visioning, plan making, construction, urban renewal and legacy building needed to fulfil a successful 2032 Games program, and beyond.
"Congratulations to all involved in the bid. Now the hard work begins!" Ms Williams said.
