7 Oct 2016

The Queensland Government has released the Advancing Our Cities and Regions Strategy this week, intended to deliver positive community outcomes, better jobs, and economic growth.

The key details are:

  • The strategy targets surplus and underutilised state-owned sites identified by Property Queensland that offer significant redevelopment opportunities.
  • The strategy identifies opportunities relating to:
    • The Cross River Rail project;
    • Future urban renewal and infill development in South East Queensland and regional cities;
    • Development of health and knowledge precincts around existing hospitals and universities;
    • Housing renewal and integration precincts to promote ageing in place and increase social housing provision; and
    • Identification and delivery of renewable energy development.

In the short term, four priorities have been identified:

  1. Cross River Rail economic development strategy

The strategy will ensure the Cross River Rail project is a catalyst for significant economic development, private and public sector investment, and job creation.

  1. Moreton Bay renewal

Economic Development Queensland’s (EDQ) priority within the Moreton Bay region is to generate growth in domestic and international tourism driven by the North Stradbroke Island Economic Transition Strategy, Toondah Harbour redevelopment, and development of Weinam Creek.

  1. Townsville transformation

Urban renewal over the next 15 to 20 years within Townsville will be driven by the Townsville City Waterfront Priority Development Area, North Queensland Stadium proposal, and transformation of the James Cook University into a health and knowledge precinct. Surplus state land may be identified for future research, student accommodation, residential, retail, and community uses.

  1. Rockhampton revival

Rockhampton CBD is being considered for Priority Development Area designation. In addition, EDQ will engage with Rockhampton Regional Council with the potential for joint venture student accommodation and residential development.

For further information regarding the strategy please contact one of our experts:

Ben Slack View Profile
James Tuma View Profile
Malcolm Aikman View Profile
Fraser Bentley View Profile
Ashley Lane View Profile
Stephanie Wyeth View Profile