The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
FIRST RELEASE TICKETS ON SALE FOR URBANITY-25 THE UNMISSABLE EVENT FOR PROPERTY PROFESSIONALS IN THE ASIA PACIFIC
FIRST TICKETS ON SALE FOR URBANITY-25 UNMISSABLE FOR PROPERTY PROFESSIONALS
SEE DETAILSDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Partner Lab
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
128
print
Print
HotelMon 07 May 18

Brisbane Live! Entertainment Precinct Gets a Funding Boost

9c04a0c6-e532-4ca0-86eb-88b45c532b3c

Plans for a 17,000-seat entertainment arena to be built above the new Roma Street underground station has received a boost from the Queensland government.

Deputy Premier and Treasurer Jackie Trad announced on the weekend that $5 million will be committed to developing a business case for the Brisbane Live proposal which would be developed in conjunction with the $5.4 billion Cross River Rail project.

“Brisbane Live!” an open-air precinct like Melbourne’s Federation Square, would be built above the existing Roma St rail lines under the Cross River Rail Delivery Authority in partnership with AEG Ogden’s Harvey Lister.

The business case is expected to take approximately 6 months to complete and will assist the Queensland government in determining whether value-for-money can be achieved by developing the Brisbane Live proposal.

Related reading: 7 Major Projects Add $12bn to Brisbane's Economy

Visualisation of Brisbane Live!, built above the new Roma Street underground metro station.

The business case will be jointly prepared by Building Queensland and the Cross River Rail Delivery Authority, which is doing the master planning work for the Roma St precinct which includes Brisbane Live.

The Delivery Authority will invest a boost of $5 million in the development of a detailed business case which will examine construction cost, economic benefits, delivery and procurement options.

The Cross River Rail will build a new underground rail station at Roma Street Parklands and will sit underneath Brisbane Live as part of an underground link from Annerley to the RNA Exhibition Grounds at Bowen Hills.

Jackie Trad said that the project was demonstrative of the potential that Cross River Rail has to transform Brisbane.

“Brisbane Live is a proposal for a 17,000-seat world class entertainment arena, similar to the LA Live complex, which would become Queensland’s premier entertainment venue hosting international live entertainment and world class sporting events,” Trad said.

“Brisbane Live is a very exciting proposal that will deliver decades of economic and employment opportunities in what is an underused part of the city.”

Related reading: Why Now Might be the Best Time to Invest in Brisbane Hotels

Brisbane Live is a proposal for a 17,000-seat world class entertainment arena, similar to the LA Live complex, which would become Queensland’s premier entertainment venue hosting international live entertainment and world class sporting events

AEG Ogden’s Harvey Lister said he was proud to be partnering with the Government in the development of the business case under an Early Operator Engagement agreement, utilising AEG Ogden’s expertise.

“We’re thrilled the Queensland Government has engaged AEG Ogden under an Early Operator Engagement agreement with Cross River Rail Delivery Authority,” Lister said.

“As a proud Queensland company, AEG Ogden has confirmed its commitment to this project by offering to provide access to the extensive work we have already undertaken for the development of the Roma Street precinct, and our expert advice and information into the Business Case for no fee.

“Brisbane Live will deliver much needed economic development and employment opportunities, virtually unprecedented urban renewal, and be a showpiece venue for the entire State.”

Jackie Trad has called upon the Federal Government to put up the boost funding for Cross River Rail with the Federal Budget to be handed down on Tuesday.

InfrastructureAustraliaBrisbaneConstructionPlanningPlanningProject
ADVERTISEMENT
TOP STORIES
MONARK co-founders Michael Kark (CEO) and Adam Slade-Jacobson (CIO)
Exclusive

Finding the Sweet Spot: How Monark Built its $2bn Property Empire

Leon Della Bosca
6 Min
Exclusive

Sydney’s Fear of Heights Holding Back Housing

Vanessa Croll
6 Min
North Melbourne Craigieburn HB Land EDM
Exclusive

Tribunal Finding Cruels 1000-Home Melbourne Plan

Clare Burnett
5 Min
Roseville Hycorp EDM
Exclusive

Ku-ring-gai TOD Backflip Slashes 1500 Homes from Under-Way Developments

Clare Burnett
7 Min
Exclusive

Housing Fix Sprint Begins with New Top Planner Pushing 13 Regional Plans

Phil Bartsch
8 Min
View All >
Indroo Verso 53 Coonan Street DA hero
Development

Tower Pitched as Brisbane’s Inner-West Regains Steam

Phil Bartsch
Labrador Midrise Whiting Street DA hero
Residential

Labrador Scheme Joins Gold Coast Midrise Surge

Phil Bartsch
MONARK co-founders Michael Kark (CEO) and Adam Slade-Jacobson (CIO)
Exclusive

Finding the Sweet Spot: How Monark Built its $2bn Property Empire

Leon Della Bosca
The Liberman-backed financier with 250 transactions to its name shares the thinking behind where it puts its money...
LATEST
Indroo Verso 53 Coonan Street DA hero
Development

Tower Pitched as Brisbane’s Inner-West Regains Steam

Phil Bartsch
3 Min
Labrador Midrise Whiting Street DA hero
Residential

Labrador Scheme Joins Gold Coast Midrise Surge

Phil Bartsch
2 Min
MONARK co-founders Michael Kark (CEO) and Adam Slade-Jacobson (CIO)
Exclusive

Finding the Sweet Spot: How Monark Built its $2bn Property Empire

Leon Della Bosca
6 Min
Interiors

Carpet Zones Bring Clarity to Open Layouts

Partner Content
4 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/brisbane-live-entertainment-precinct-gets-a-funding-boost