Australia: Brisbane Showgrounds regeneration takes shape
Queensland Premier Campbell Newman has launched stage two of the $2.9 billion Brisbane Showgrounds regeneration project which includes construction of the King Street precinct, a 4-star international hotel, 40 retail and food outlets and 408 new residences.
Currently under construction, and due for completion in 2016, the 300 metre King Street will link St Paul’s Terrace and Gregory Terrace with Brisbane’s newest inner city hub.
The showgrounds redevelopment is one of the largest mixed-use, urban regeneration projects in Australia and once completed will be the place where 15,000 people will live, work and play.
A key feature of King Street will be the new $50 million 208 room 4-star Rydges international hotel, with contemporary restaurants and bars, conference facilities and a swimming pool.
“This is one of Brisbane’s best known landmarks and it’s exciting to see such a quality transformation,” Newman said.