The masterplan model for the $850 million Yeerongpilly Green urban renewal project was unveiled today, with the development set to generate around 7600 jobs over the next decade.
Minister for Planning Cameron Dick said the model would give the community a detailed understanding and certainty of what this new urban renewal project will bring to the community.
“Working with our development partner Consolidated Properties, construction at Yeerongpilly Green over the next 10 years will generate around 6600 construction jobs, including 335 apprentice jobs, and 1000 full-time jobs upon completion,” Mr Dick said.
“Yeerongpilly Green will be an exciting urban village for the southside of Brisbane.
Located five kilometres from the Brisbane CBD, the 14-hectare riverside site will feature 28,000sqm of commercial space, an 8750sqm retail and dining precinct, and 1.8 hectares of green open space, with 1200 dwellings to be built.
Mr Dick said off-the-plan sales of the first apartments and terrace homes would begin this weekend.
“Launching the first public release to market of the residential stage is a major milestone,” he said.
“The three boutique buildings, Park House, Garden House and Green Terraces, will offer a range of price points for buyers.”
Member for Miller Mark Bailey said two key components of the development’s $17.7 million stage two phase – the new River Park and King Arthur Terrace realignment – were completed two months ahead of schedule.
“These combined works supported 58 jobs and together make the riverside community one of Brisbane’s best transit-oriented precincts,” Mr Bailey said.
“The opening of a new River Park and cycleway along King Arthur Terrace to connect to Brisbane’s iconic River Loop cycleway will not only be enjoyed by future residents and the local community, but is an important first step in creating this urban village as a landmark destination in Brisbane’s south.
“Yeerongpilly Green, when completed, will be home to 3000 new residents, a range of commercial and retail businesses, and close to two hectares of parklands.
“The Queensland Government is extremely proud to have backed this transformative initiative, which is making it even better to live, work and play in Brisbane’s south.”
Learn more about the Yeerongpilly Green urban renewal project.