The face of Brisbane is about to change – forever. The sleepy little town is about to wake up with a $2 billion plus project of Destination Brisbane. With construction expected to commence in early 2017, we can expect Brisbane to become a mini hybrid of Singapore and Vegas.
The Destination Brisbane Consortium uniting hospitality, dining, nightlife and gaming behemoth Echo Entertainment, global property developer giant Far East Consortium and Hong Kong Jeweller giant Chow Tai Fook took out James Packer’s Crown Resorts’ bid to develop Queens Wharf. Right now, Treasury and Jupiters Casinos are popping the champagne corks. “We are delighted the Queensland Government shares our vision to develop Queen’s Wharf Brisbane into the best Integrated Resort in Australia," Echo Entertainment Group's CEO Matt Bekier says, "and one for which Brisbane will be globally recognised. It will be an asset for this state," Matt confirms, "that will compete with anything in Macau, Singapore or other destinations around the world." This also comes with the announced plans for a spend of $345 million to redevelop Jupiters Hotel & Casino, including the construction of a new six-star, seventeen-storey hotel tower in time for the Commonwealth Games.
With the $600 million South/City/SQ development set to revamp Woolloongabba, and the revolutionary $430 million three-tower residential development of Grace on Coronation in Toowong, Brisbane is headed for a metamorphosis. Oh yes. BrisVegas is growing up.
What This All Means
- A fresh up of Queen, Elizabeth, William, Margaret and Alice streets.
- The current heritage-listed Treasury Casino will be transformed into an underground shopping precinct linked to the new casino buildings with the Treasury Hotel converted into six-star Ritz Carlton Hotel.
- The ARC Building presents a deck to cross four buildings to stand out as an iconic Brisbane tourist attraction – we’ll be able to see right into Summit Restaurant & Bar’s dining rooms on Mt Coot-Tha.
- Twelve football fields of public events space
- Five premium hotel brands
- 50 cafes, bars and restaurants, plus markets, a tea house, gastropub, cooking school, microbrewery, supper club, gyms, entertainment tech zone, active recreation facilities and an art gallery
- New commercial space
- Three residential towers
- Three hotel towers
- Resort skypools and horizon lounge
- Moonlight cinema on the riverfront
- A new pedestrian bridge to South Bank
- A new lyric theatre for QPAC
- New attractions, including an epic nightly water and light show