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Budget for Upcoming Transformation of the CBD Revamped

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TRANSFORMER: Ipswich Mayor Pail Pisasale says the new digital economy incubator is just one step in the upcoming transformation of the CBD.

THE multi- million dollar revitalisation of the Ipswich CBD is set to be front and centre of the budget handed down by Ipswich Mayor Paul Pisasale today.

TRANSFORMER: Ipswich Mayor Pail Pisasale says the new digital economy incubator is just one step in the upcoming transformation of the CBD.

Ipswich City Council’s budget will be unveiled at the old fire station building in Limestone St, which is set to become a digital economy incubator known as 1860 – the same year that Ipswich became a municipality.

The building is owned by Ipswich City Development Enterprises (ICDE) and its fit-out and the subsequent installation of digital start-up businesses will be at no cost to the Ipswich ratepayer.

Cr Pisasale said digital start-up tenants were expected to be installed by the end 2015 and that the hub was the first step in a complete transformation of the CBD.

“The digital hub is called 1860 because that is when we became a municipality and identified who we were,” Cr Pisasale said.

“It will reposition the city as a global leader in the field, like we did in 1994 with Global Infolinks.

“The main focus of this budget is to accelerate the development of the CBD.

“The thing that has been holding the CBD back is money but Ipswich City Properties has got Icon stage one finished and now it is time to accelerate stage two.

“That will include the second tower and several other buildings. By the end of the year we will be signing on with a joint venture partner which will see hundreds of millions of dollars in investment that will include a retail hub, opening up the city to the river and the creation of bars and cafes.

“I will be working with the chamber (of commerce) and existing businesses to build our new CBD. When you own the land you can decide what goes on it in the best interests of the city.”

Cr Pisasale said he would like to see library services and possibly council offices relocated to the CBD to be a part of the commercial hub.

Council will invest in a beautification program, but the overall development will once again not cost ratepayers.

It may sound like an anomaly to say the CBD is a focus of the budget when the funds are not coming out of ratepayer’s pockets, but Cr Pisasale said the beauty of ICDE was that it facilitated growth without being a burden on residents.

“The great thing about the fire station is that it shows how every building has to be activated and that is why it was crucial for Ipswich City Development Enterprises to buy it,” he said.

“The digital hub will put Ipswich on the world map and stimulate our CBD with no cost to the ratepayer. Today’s budget is the next stage in turning our vision into a reality.”

Ipswich City Enterprises (ICE) will run 1860.

ICE chairman Cr Paul Tully said the 1860 digital hub initiative “puts Ipswich to the forefront of the emerging international digital economy” and would attract some of the best forward-thinking futurists in the nation.

“We are embracing worldwide technologies which will be a major attractor for forward thinkers to put our city at the centre of the 21st century digital age,” he said.

“This hub will be a magnet for young and old alike who will develop exciting models and plans to map our city and Australia’s technological future.”

Cr Tully said council was “encouraging the greatest digital technology minds to head west to Ipswich to be part of Australia’s world future”.

“We are all fired-up, ready to go with flames of passion and nothing will hose down this initiative.”

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Developments

Land for sale at new Gold Coast beachfront estate

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Land for sale at new Gold Coast beachfront estate

Roads and residential blocks are starting to take shape at Paradise Waters’ new estate, Sovereign Shores.Source:Supplied

A new beachfront estate is offering almost 60 vacant blocks at the Gold Coast’s Paradise Point.

ROADS and residential lots are starting to take shape at Paradise Point’s new Sovereign Shores estate.

Metacap Developments is behind the 58 block estate, which overlooks Sovereign Islands.

Ray White Sovereign Islands principal Ali Mian, who is marketing the estate, said 14 of the 35 vacant lots in stage 1 had already sold.

“Once stage 1 is sold out, then stage 2 will take place,” Mr Mian said.

“Stage 2 will be another 23 lots.”

He said the estate was expected to be finished by the end of July, subject to weather conditions.

Land for sale at new Gold Coast beachfront estate

The new estate will overlook Sovereign Islands. Picture Mike BatterhamSource:News Corp Australia

“The construction has commenced, the whole land sale division is taking place,” Mr Mian said.

“It’s a very exciting time (because) this land has been sitting there for such a long time.”

The lots range in size from 425sq m to 728sq m with prices starting from $589,000 up to more than $1 million.

Mr Mian said it was attracting local and interstate buyers, including those from Brisbane, Melbourne and Sydney.

He said buyers could build up to three dwellings per lot and as high as three levels plus a rooftop entertainment area.

“This estate is beautiful,” Mr Mian said.

“You are right next to the beach.”

Residents will be able to access the established resort-style facilities of Salacia Waters, including the residents’ club with library and meeting room, 12-seat cinema room, gym, sauna, two pools and a spa, three barbecue areas and a function room with entertainment deck. Mr Mian said 22 marina berths were also up for grabs.

Source: www.news.com.au

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Developments

QLD Wins $5bn Defence Contract, Builds HQ

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QLD Wins $5bn Defence Contract, Builds HQ
Queensland has won the bid to build $5 billion worth of light armoured vehicles as part of the largest purchase in Australian Army history.

Following a three-year tender process, German contractor Rheinmetall will build 211 Boxer CRVs in Redbank, Ipswich, with a future $15 billion deal also on the table.

The federal government estimates that the contract will create 330 jobs in Queensland, 170 in Victoria and 140 roles in New South Wales.

“Australian businesses will be big winners in Victoria and in Queensland, but also in other states,” Defence Industry Minister Christopher Pyne said.

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“The proposed HQ is based on Rheinmetall’s established designs from their European facilities, although modified to ensure they are suitable to withstand QLD’s climate.”

Ipswich headquarters

Rheinmetall has submitted a development application to build its headquarters serving the Asia-Pacific market in Ipswich.

The headquarters, dubbed the Military Vehicle Centre of Excellence, will be Rheinmetall’s largest facility located outside of Germany.

The development application for the project includes a weapons-testing firing range, an electromagnetic test facility, a laser rangefinder facility and a vehicle compliance test track.

“Rheinmetall considered a number of options across South East Queensland for this world-class facility, and settled on the dedicated industrial zone within the Redbank Motorway Estate,” Minister for State Development Cameron Dick said.

“This choice of location will make use of the existing heavy vehicle manufacturing and employment hub, as well as the highly-skilled workforce within the area.”

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The centre will be made up of several key buildings, including an administration building, a production warehouse and a corporate function centre.

Minister Dick said that construction of the centre will support 200 direct jobs over three years and open the way for local businesses to “participate in Rheinmetall’s global supply chains”.

“The project will provide an unrivalled catalyst for the further development of Queensland’s advanced manufacturing and defence industry capability, as well as significant opportunities for local SMEs and associated services,” Dick said.

The proposed centre will be a campus of high-quality industrial production, testing facilities and administration buildings located along the Brisbane River at Robert Smith Street in Redbank.

The site will have defence-industry standard security fencing.

Minister Dick said his department, which will assist with the construction of the facility, will now work with Ipswich City Council to progress the development application for the project.

Originally Published: theurbandeveloper.com

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Developments

REVEALED: New development for old Masters site

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New development for old Masters site

The old Masters Springfield site could become a Homemaker centre.

MASTERS Springfield Central looks likely to be the next defunct site to be transformed into a Homemaker centre.

Home Consortium submitted a development application to Ipswich City Council on Monday showing plans for ten tenancies and a small cafe at the site.

Home Consortium will eventually transform 40 of the former hardware centres into hypermarkets featuring lifestyle, health and appliance brands.

The first Queensland centre opened at North Lakes in November with Toys R Us, Nick Scali Furniture and Chemist Warehouse as key tenants.

Masters Hardware at Springfield could become a Homemaker centre.
Masters Hardware at Springfield could become a Homemaker centre.

The Home Consortium application for Springfield Central said its interest in the area stemmed from strong population growth.

“This is expected to create additional demand in the trade area for homemaker type retail offers, which in turn is expected to create over 100 new jobs,” the DA read.

“The site is in a highly accessible location and the specialty tenants envisaged are not expected to affect the local activity centre hierarchy, being a complementary offer to that within the balance of the Springfield Town Centre.

“The proposed development represents an enhanced retail offer for residents, repurposing a vacant site that if not fully occupied or underutilised could detract from success story.”

Originally Published: www.qt.com.au

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