Herston Quarter Developer Shortlist Revealed
Fast Facts
- Contract value: Estimated $100s millions
- Client: Department of Health
- Procurement commenced: August 2014
- Procurement completed: Mid 2016
- Project delivery: From late 2016
- Project completion: Long term development program
In October 2015, The Palaszczuk Government launched the final stage of a competitive bid process to deliver a world class health and commercial precinct adjoining the Royal Brisbane and Women's Hospital to be known as the Herston Quarter Redevelopment Project.
The Queensland Government is currently undertaking a competitive bid process to select a private sector master developer to deliver this mixed-use precinct for health, bio-medical, residential and retail activity. Shortlisted Proponents Australian Unity and Lend Lease have now submitted detailed proposals to redevelop the Herston Quarter.
Evaluation is currently underway with a Preferred Proponent expected to be announced in mid-2016.The Queensland Government included a requirement for Shortlisted Proponents to include the delivery of a public health facility, known as the Specialist Rehabilitation and Ambulatory Care Centre (SRACC), within their proposal to redevelop the Herston Quarter.
The Project is being led by Queensland Treasury’s Commercial Group, working closely with Queensland Health and Metro North Hospital and Health Service.
Once appointed, the successful proponent will be required to obtain the relevant development and planning approvals.
The Opportunity
The Queensland Government has earmarked an approximately five (5) hectare site adjacent to the Royal Brisbane and Women’s Hospital (RBWH) to become a mixed-use precinct for health, bio-medical, residential and retail activity.
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.
The Herston Quarter offers an exciting opportunity for the private sector to deliver a fully masterplanned health-related development, which capitalises on the location within the Herston Health Precinct, and leverages the convenience and quality of the adjacent institutions.
The Government has endorsed the following Project Objectives for the Herston Quarter Redevelopment Project. The project is:
- to complement and support the current adjacent health, research and education uses
- to be commercially viable
- to be delivered at no net cost or risk to the State.
The primary use of the site will be for health-related activities, such as bio-medical research and health facilities, as well as residential and retail space for doctors, nurses, and family and friends visiting patients at the nearby RBWH.
Public health facility – Specialist Rehabilitation and Ambulatory Care Centre
The Queensland Government included a requirement for Shortlisted Proponents to include the delivery of a public health facility, known as the Specialist Rehabilitation and Ambulatory Care Centre (SRACC), within their proposal to redevelop the Herston Quarter.
The SRACC will comprise 100 rehabilitation beds, special purpose rehabilitation support areas and a surgical and endoscopic centre with a 32 bed surgical inpatient room, seven operating theatres, three endoscopy rooms and recovery spaces.
Location
Located two kilometres from Brisbane’s CBD and integrated in the world-class Herston Health Precinct, the Herston Quarter offers many strategic advantages, including:
proximity to major employment centres, including Brisbane’s CBD and the institutions located in the world-class Herston Health Precinct
immediate accessibility to major road and public transport links, including CLEM7, Legacy Way, Airport Link, the Inner City Bypass (ICB) and the Northern Busway
being located in a thriving urban renewal area with major investments in retail, dining and open space offering
a prominent street frontage and an elevated position providing various view corridors
access and ability to attract skilled and professional workers
nine minutes’ drive to Brisbane domestic and international airport via Airport Link.
