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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

Affordability has underpinned growing demand for new land in the Ipswich corridor

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Affordability has underpinned growing demand for new land in the Ipswich corridor

Providence at Ripley Valley Source: Supplied

AFFORDABILITY has underpinned growing demand for new land in Ipswich with developer AMEX Corporation releasing more lots.

Affordability has underpinned growing demand for new land in Ipswich with developer AMEX Corporation releasing more lots.

As a result of the continued strength of the Ipswich land market, the group has released a new stage in its Horizons precinct of the Providence South Ripley master-planned community.

The eight lots are priced from $200,700 and range in size from 350sq m to 448sq m.

Providence project director Michael Khan said their confidence in the area was backed by research by Oliver Hume, which revealed the Ipswich local government area had the strongest growth of any market in southeast Queensland for new land.

In the three months to the end of September, Ipswich’s average price for the new land was up 3 per cent compared with the June quarter to an average of $198,950.

The number of new land sales increased during the quarter by 25 per cent with a total of 637 sales.

Providence at Ripley valley Source: Supplied

Providence at Ripley valley Source: Supplied

Mr Khan said the relative affordability of the Ipswich and Ripley Valley area, particularly when compared to interstate markets, continued to drive demand for new land in the area.

“Value for money remains one of the most important factors for buyers and maximising every dollar when it comes to the location and access to amenities is extremely important,” he said.

The latest release in Horizon is close to the planned town centre area and district park.

The entire Horizon precinct has 280 lots, two parks, the planned Providence Town Centre and a future Prep to Year 12 school.

The $60 million Horizon precinct sits within the $1.2 billion Providence project which is a masterplanned community in the Ripley Valley growth corridor.

Oliver Hume Queensland general manager Matt Barr said the Ripley Valley was popular because it was close to major job nodes in Ipswich, Amberley and Springfield.

He said during the next decade hundreds of people would move into the area every month and he tipped that to continue for some time.

Originally published: www.news.com.au

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COSTCO: Work starts at Ipswich site, sparking jobs boom

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ipswich development

Work has started on the Costco site in Bundamba.Rob Williams

THIS time next year Ipswich families could be dressing their Christmas tables at Costco.

Work has started to prepare the site for the new store at Bundamba but the first customers won’t be able to fill their oversize trollies until late 2018.

It is expected Ipswich families will be able to shop at the new Costco store by next Christmas which means there might be some foreign festive surprises on tables.

The good folks at Costco are responsible for importing fun and quirky stock into the country to dress festive tables like they do in America.

A six-foot high Santa or nutracker, 160 tins of cookies, bulk gingerbread and a five-pack of whole turkeys are available to buy overseas.

Costco Managing Director Patrick Noone said the warehouse would stock all the latest products from the US, including seasonal items such as Halloween and Christmas decorations.

Costco’s North Lakes store opened in 2014, bringing more competition to market and driving down prices, most notably in the fuel sector.

This is commonly referred to as “the Costco effect” which has been clearly displayed at the North Lakes store.

“We will have the lowest prices and it’s up to others to compete with that,” Mr Noone said.

Costco will offer two types of membership: Business, worth $55 and Gold Star, worth $60.

Business members qualify by owning or operating a business while Gold Star membership is available to individuals.

The store will be open seven days a week.

The massive site, opposite the Puma travel centre, will cover 13,750 sq m – the equivalent of two football fields – and create 280 permanent jobs.

The on-site petrol station will include 24 bowers with 825 car parking spaces for the main warehouse.

Construction will take about eight months and create another 80 jobs.

What’s in the Costco Christmas aisle

  • Popcorn and fruit themed gift baskets
  • Seven-and-a-half, nine, and 12-foot high Christmas trees
  • Toys and puzzles
  • Fresh-cut holly wreaths
  • Nativity scenes
  • Light-up teddy bears
  • D’Artagnans Duck Magret Breast and Duck Leg Confit
Industrial site at Bundamba where a new Costco will be built.
Industrial site at Bundamba where a new Costco will be built.Sarah Marshall

Grocery and food giants descending on Ipswich

IPSWICH consumers in the mood to buy and to eat are in luck.

New shopping centres and stores are popping up all over the city while international brands take their pick of sites in what is shaping up to be a battle of the retail giants.

A Coles supermarket and 12 speciality shops will be added to Woolworths in Karalee Shopping Centre in the new year.

When complete, the new-look centre will double the size of the suburban hotspot.

On the other side of town, American burger chain Carl’s Jr Burger are setting up their grills on Brisbane St at West Ipswich while on the next block, a private developer is building a seafood takeaway shop.

West Ipswich isn’t the only Carl’s Jr Burger coming to town with another being set up beside Krispy Kreme Donuts at Redbank Plains in the coming months.

Originally Published: www.qt.com.au

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Developments

Avid Property’s Mini-Lots Keep The Tempo For Home Ownership

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Avid Property Group’s latest house and land offerings claim to be the innovative solution to ensuring the ‘great Australian dream’ still lives on.

The company’s ‘Tempo’ offerings were made available at AVID’s Brentwood Forest community in Queensland and Savana in Victoria, and are built on freehold lots as small as 150 square metres.

Tempo homes are the smallest lots possible within the Ipswich LGA planning scheme and were built in a variety of configurations to add diversity the streetscape.

AVID Property Group General Manager Queensland Bruce Harper said Tempo homes were the result of collaboration with leading designers to offer homes architecturally designed to maximise small lots.

“The Tempo range is satisfying the desires of both apartment and house hunters with affordable, easy to maintain properties, which still benefit from the capital appreciation enjoyed by freehold houses,” Mr Harper said.

“Tempo homes really fill a gap in the market for people who still want to own their own home at an affordable price but don’t want to buy into the sort of community title arrangement of attached housing.

“Tempo homes have been particularly popular with first home buyers or down-sizers, and suit people who are looking for an easy to maintain home without the hassle of lots of yard maintenance.”

While national house prices increased nearly 20% over the last five years, household incomes rose by just 9.2%, putting the attainability of home ownership in question for a growing number of Australians.

Mr Harper said he’s seen quarter acre blocks (1,000 square metres) become virtually extinct over the past 40 years in the industry, and even lots half that size become far less common.

“We are now seeing some lots as small as 50 square metres, and some attached terrace apartment buildings with frontages are small as 6.5 metres, and this is not only happening for inner city developments,” he said.

“Developers are increasingly responding to changes to more complex local council planning laws with small block options and fixed price house and land packages.

“Skillful designs are needed to produce small lot homes that are attractive, sustainable and affordable, and affordable does not have to mean a downgraded lifestyle.

“This comes down to clever design that maximises natural airflow, light and utilises clever storage options.

“High ceilings create a sense of space and encourage ventilation and the use of light materials not only make a room feel bigger, but also minimise the carbon footprint of the homes and reduce their thermal load.”

 

Originally Published: https://www.theurbandeveloper.com/

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