The Queensland government has shortlisted three proponents to develop a health precinct adjoining the Royal Brisbane and Women's Hospital site at Herston, just a few kilometres north of the Brisbane CBD.
Treasurer Curtis Pitt announced Australand, Lend Lease/Trinity and Stockland as the shortlisted proponents for the Herston Quarter project on the old children's hospital site.
"(The project) could include elements such as bio-medical research and a mix of public and private hospital facilities," Mr Pitt said.
The 4.8 hectare site will become a mixed-use precinct for health, bio-medical, residential and retail activity.
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The site became available with the relocation of children’s health services from the Royal Children’s Hospital to the new Lady Cilento Children’s Hospital in late 2014.
Treasurer Curtis Pitt said the state government was hoping to create a world-class medical precinct which could include residential and retail space for doctors, nurses and families visiting patients at the nearby hospital.
"Under my government, the priority for this site will be health-related activities and that's the brief these firms have been given," Mr Pitt said.
Health Minister Cameron Dick said it made sense to use the site to take advantage of the neighbouring hospital facilities rather than put it out for residential or hotel development.