Project Focus: 'Brisbane Live' - Brisbane's New $2 Billion Precinct

The Queensland Government has welcomed a $2 billion market-led proposal, which could revitalise one of the most under-utilised sections of the Brisbane CBD.

At the centre of the “Brisbane Live” proposal – based on the LA Live complex in the US – is a new 17,000-seat state-of-the-art entertainment arena.

Featuring a sliding front wall that opens to reveal live acts on stage, the $450 million arena will also include a 4000-capacity rock club and will be surrounded by multiplex cinemas, restaurants and bars, and a giant screen and amphitheatre.

It would all be built above stations for the planned Cross River Rail link and Brisbane Metro transit system.

AEG Ogden, which already manages Suncorp Stadium, the Brisbane Convention and Exhibition Centre and the aging Brisbane Entertainment Centre, will propose a new 17,000 seat arena, cinema, restaurant and public space 'Brisbane Live' precinct above the Roma Street rail yards, reported BrisbaneTimes.com.auBut following the Palaszczuk Government's market-led proposal scheme – which allows private companies to pitch ideas and proposals for state owned land to the government, rather than the government putting it out to tender - it has now turned its attention to the city's western precinct.