Work on the $110 million Howard Smith Wharves redevelopment is officially beginning.
Construction begins on the redevelopment this week and is expected to take 18 months, with bookings already made for the precinct for the end of 2018.
The redevelopment of the 3.43 hectare site, beneath the northern end of the Story Bridge, will feature a luxury hotel, park and public open spaces.
According to BrisbaneTimes.com.au, Lord Mayor Graham Quirk said the about 80 per cent of the council-owned land would remain public parkland and open space within easy reach of Riverwalk.
"The existing heritage-listed buildings will form a feature of the redevelopment and, once meticulously restored, will become home to lively river's edge restaurants, bars, a craft brewery and function spaces.""This development, undertaken by successful tenderer The Howard Smith Wharves Consortium, will deliver a five star, 164-room Art Series Hotel as well as parkland, a 1500 square metre exhibition space, restaurants and bars," Cr Quirk said.
“There will be magnificent public spaces and parkland to ensure residents can enjoy diverse recreational opportunities in a prime riverside location.
“The Brisbane community told us they wanted to see lots of open space on this site and the HSW Consortium’s innovative design certainly delivers on this.
“New buildings occupy only 10 per cent of the site, public space and parkland cover 80 per cent of the site with the remaining 10 per cent involving the preservation of the historic wharves,” Cr Quirk said.
The Howard Smith Wharves site prior to the 2011 Brisbane floods.
In 2012, Premier Newman and Cr Quirk reached an agreement on the then-stalled Howard Smith Wharves project.
In 2013, The State Government approved redevelopment of Howard Smith Wharves. Cr Quirk reassured residents that only part of the site floods.
The Howard Smith Wharves site during the 2011 Brisbane floods.
The approval by Deputy Premier Jeff Seeney came almost two years after the original proposal was shelved.