The Property Council welcomes the Queensland Government’s plans to revitalise the ‘Government Precinct’ through private sector redevelopment.
The Property Council has long advocated the private sector is the most efficient owner and developer of property, and this plan allows them to do what they do best, Queensland Executive Director of the Property Council of Australia Kathy Mac Dermott says.
“At a time of economic downturn, the property-related jobs created through this project will be a much needed stimulus for the industry, and reinforces the Government’s commitment to recognising property as one of the four pillars of the Queensland economy.”
“Feedback from the Property Council’s Make My City Work campaign, shows there is strong public interest in increasing our city’s connection with the river and enlivening our CBD for all users.”
“The ‘Precinct Master Plan’ will provide opportunities for a range of retail, commercial, residential and cultural uses, all with a focus on connectivity to the river and pedestrian accessibility within and across the precinct.”
“We applaud recognition of the importance of our city’s heritage buildings, with the protection afforded them ensuring they will be enjoyed now and into the future.”
“The Property Council looks forward to seeing further details of the ‘Precinct Master Plan’, and working closely with the Queensland Government on further refining and delivering this vision.”