The Urban Developer
AdvertiseEventsWebinarsUrbanity
Industry Excellence
Urban Leader
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Urban Leader Awards Logos RGB White
NOMINATIONS CLOSE IN ONE WEEK RECOGNISING THE PEOPLE BEHIND THE PROJECTS
NOMINATIONS CLOSING NEXT WEEK URBAN LEADER AWARDS
LEARN MOREDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
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
56
print
Print
RetailRenee McKeownMon 19 Oct 20

Smooth Sailing for $2.74bn Brisbane Marina Plan

dc2bd32d-99bd-458b-9eff-8e40b309fa45

A $2.74 billion marina, residential and recreation precinct just north of Brisbane is set to be streamlined under Queensland's priority development area scheme.

The 570-hectare development site in Burpengary East received bipartisan support to be declared a PDA following the state election on 31 October.

The North Harbour Marina Precinct consists of a 400-berth marina, retail village, 600 new apartments and 600 detached homes as part of the marina village, and 800 dwellings in a waterfront estate.

The masterplanned community also includes 319 hectares of recreational and regional open space and is expected to be home to around 10,000 residents along Caboolture River.

Joint project developers North Harbour Holdings and Trask Land Corporation will work on the project which is expected to be complete by 2035.

▲ The site adds to the existing North Harbour development in Burpengary East and is expected to inject $707 million a year into the region.


North Harbour has already received support from Moreton Bay Regional Council mayor Peter Flannery and councillor Mark Booth.

North Harbour project director Bryan Finney welcomed the bipartisan commitment to declare the site a priority development area.

“The PDA will pave the way for North Harbour to become a state-of-the art marine industry hub,” Finney said.

“The North Harbour team has extensive experience with waterfront development and are well placed to attract a significant portion of Australia’s $68 billion marine industry to the region.”

Trask Land Corporation managing director David Trask said with key enabling infrastructure already in place, they are ready to create an exciting legacy project once planning approvals are received.

“The North Harbour Marina Precinct is a vital project which will benefit this rapidly growing area for many generations to come,” Trask said.

“The timing of this announcement could not be better as it will also underpin our region’s post Covid-19 recovery.”

Related: Stockland Submits Plans for $388m Greenfield Project

▲ The North Harbour development will also take advantage of current wait lists on boat moorings seen across South East Queensland.


The site adds to the existing North Harbour development which is at stage 45 of land releases and includes 30 display homes.

The Moreton Bay region is attracting a number of large-scale residential projects.

Stockland recently submitted plans for a $388 million residential projects across the Bruce Highway in Caboolture West.

Further north, the Sunshine Coast lifestyle has been a major drawcard during the Covid-induced “Zoom boom” .

The region recorded a 0.8 per cent increase in the second quarter of 2020, meanwhile greater Brisbane prices went up by 1.7 per cent.

ResidentialAustraliaPlanningPlanningSector
AUTHOR
Renee McKeown
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

ARUP Targets Podium Finish for Brisbane CBD Headquarters

Taryn Paris
6 Min
Exclusive

No Cookie Cutters: Finding Feasibility in HAFF Projects

Patrick Lau
6 Min
Exclusive

Brisbane Transaction Activity Steams Ahead for A-Grade Residential

Taryn Paris
5 Min
Exclusive

Starchitect Ivan Harbour on the Power of Small Spaces

Taryn Paris
6 Min
Stockland bumps up its apartment pipeline in melbourne and sydney
Exclusive

Stockland Re-Enters Density in $5bn Apartment Play

Renee McKeown
4 Min
View All >
Exclusive

ARUP Targets Podium Finish for Brisbane CBD Headquarters

Taryn Paris
Infrastructure

Final Designs Revealed as Work on West Tarneit Station Begins

Lindsay Saunders
Urban Parramatta BTR Hero
Build-to-Rent

Urban Adds Hotel to Parramatta Towers Refresh

Clare Burnett
The project now on exhibition would deliver 3.6 per cent of Parramatta’s housing target and add a hotel element…
LATEST
Exclusive

ARUP Targets Podium Finish for Brisbane CBD Headquarters

Taryn Paris
6 Min
Infrastructure

Final Designs Revealed as Work on West Tarneit Station Begins

Lindsay Saunders
3 Min
Urban Parramatta BTR Hero
Build-to-Rent

Urban Adds Hotel to Parramatta Towers Refresh

Clare Burnett
3 Min
The McGovern family picked up the 7.3ha vacant block in 2021 before filing the 158-home plans with Gympie Regional Council after the property settled, and was approved in 2023.
Retirement & Aged Care

McGoverns Plot $100m Over-50s Land Lease at Gympie

Renee McKeown
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://www.theurbandeveloper.com/articles/support-streamlines-274bn-moreton-bay-marina-precinct