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New casino for Brisbane: EOI process announced

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Ipswich Investor, Property Management, Real Estate Ipswich, Mortgage Broker Ipswich, Ipswich property market, ipswich property prices

The Queensland Government announced it will seek proposals for an integrated development of the government precinct in Brisbane’s CBD through an Expression of Interest (EOI) process.

Ipswich Investor, Property Management, Real Estate Ipswich, Mortgage Broker Ipswich, Ipswich property market, ipswich property prices

The redevelopment could provide new six star hotels, retail, restaurant and entertainment zones, theatre and convention facilities, new open spaces – and a new casino.

Premier Campbell Newman also announced that the State Government would consider making two other casino licences available for major integrated resort developments in other parts of Queensland.

Mr Newman said the Government had considered a range of development scenarios for the redevelopment of Brisbane’s government precinct, which “presents a once in a generation opportunity” for the city.

“Market sounding has indicated the best outcome for the precinct and for the protection of heritage sites will be achieved through an integrated development,” Newman said.

“The Government has decided that a casino licence will be offered in the EOI process to encourage the provision of a world class integrated development in Brisbane’s CBD.

“The Government believes Queensland can sustain up to three new integrated resort casinos and believes there would be strong interest in other parts of the state.”

Deputy Premier Jeff Seeney said the EOI for the government precinct redevelopment would go to the market by the end of the year.

He said such a massive project would deliver significant boosts to both the construction and tourism sectors of the state economy.

“Integrated developments including casinos have proven their ability to increase visitor numbers and stays elsewhere in the world,” Mr Seeney said.

“They are not just casinos as we have previously seen in Queensland; in fact, the casino is only part of these major developments which are tourism drawcards in their own right.

“Singapore’s foreign visitor numbers were declining in 2008 and 2009. When two integrated resorts with casinos (Marina Bay Sands and Resort World Sentosa) opened in 2010 visitor numbers rose by more than 20 per cent.

“The resorts contributed $3.7 billion to Singapore’s gross domestic product during the first nine months of operation, of which only $720 million was attributed to gaming tax.

“We believe the redevelopment of Brisbane’s government precinct could lead to similar benefits for Queensland.

“There is no doubt a project of this scope and size holds enormous potential for the development and tourism sectors, for the residents of Brisbane and visitors to the city.”

Mr Seeney said officers of his department had met with the Singaporean Government regarding the establishment of the resorts in Singapore and they would test the appetite in Asia and North America to enter the EOI for Brisbane.

A Probity Code of Practice will be established for the precinct project and an independent probity adviser will be appointed to oversee the EOI and selection process. The probity adviser appointee will be announced before the process begins.

Mr Seeney said when the EOI for the government precinct was released the government would also release a draft Queensland Casino Policy for public comment.

The policy will guide the state’s future approach to casinos and gaming.

“The policy will consider issues such as market capacity, implications of additional licences on existing and future operations, financial implications for the state, community interests and social implications,” he said.

 

Original article published at www.urbandeveloper.com  14/10/2013

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Developments

Sinnathamby’s 52-Hectare ‘Health City’ Vision for Springfield

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Sinnathamby’s 52-Hectare ‘Health City’ Vision for Springfield

Singapore-based Broadway Malyan will design a 52-hectare “health city” in expanding Springfield, pegged to have a total end value of $6 billion if the development plan is fully realised.

The site, already home to the Mater Hospital and Aveo seniors’ accommodation, will be fully integrated with the masterplan encompassing education and research facilities, a 2500 apartment aged care facility, business facilities along with residential and retail offerings across the 52- hectare site.

A key feature of the project includes a Living Lab, which the urban planners say will act as a testbed for new technology related to smart living and healthcare.

Springfield founder and property mogul Maha Sinnathamby purchased the 7000 acre parcel of land no developer wanted to touch in 1992. Three decades later, Greater Springfield has transitioned from a completely undeveloped site to a residential population of 36,000 with estimates 150,000 will call Springfield home come 2035.

Sinnathamby’s 52-Hectare ‘Health City’ Vision for Springfield

“Our approach promotes ease of movement, with a car-lite campus designed to create an open, walkable development, to subtly reinforce a health conscious environment.” Broadway Malyan Board Director Ed Baker.

Broadway Malyan director Ed Baker says the health city masterplan will see the creation of a community that functions beyond the working day.

“We have used the concept of healthy living as our guiding design principle, focusing on a development that will support and encourage the wellbeing of the people who will live, work and visit Health City.”

Springfield’s Health City marks Broadway Malyan’s first appointment in Australia, after securing the project through an international competition working alongside local partner Conrad Gargett.

Sinnathamby’s 52-Hectare ‘Health City’ Vision for Springfield

South Ripley’s $1.2 billion master planned community ‘Providence.’

Located on Brisbane’s fringes, at 33-kilometres from the CBD, Greater Springfield sits among one of Australia’s fastest urban-growth corridors.

To date, more than $15 billion has been invested by public and private stakeholders into the masterplanned city, with estimates the area will be worth more than $85 billion upon completion.

Nearby development includes South Ripley’s $1.2 billion master planned community, which last month celebrated the opening of the $40 million first stage of its Ripley Town Centre, by developer Sekisui.

The state government has spent $1.5 billion on major infrastructure items in the western corridor since 2005, with an additional $500 million recently announced to further support the corridor’s growth objectives.

Source: theurbandeveloper.com

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High-rise care for elderly in heart of Ipswich CBD

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High-rise care for elderly in heart of Ipswich CBD

NEW ROLE: The Metro Hotel Ipswich International will undergo alterations in design and layout for aged-care facility. Rob Williams
IPSWICH is about to get another residential aged-care facility and this time it will be right in the middle of the Ipswich CBD. According to media articles the Metro International Hotel Ipswich is to be redeveloped into a residential aged-care high-rise facility by a company called Oracle Care.

The Queensland-based company is apparently a new operator in this market and is currently developing other facilities, three in Goodna, two others in Queensland and one in Western Australia, according to the Weekly Source.

The Queensland Times, Monday, May 7, in an article outlined the facility would “provide single ensuite rooms and double suites for couples”. The article commented further that the “existing building facade is to be retained but the hotel will undergo alterations to the existing layout and design”. Oracle will keep the ground-floor function rooms and dining areas for residents and the community alike.

Oracle Care was only incorporated in 2015 and the business is registered as an Australian Proprietary Company, limited by shares. This seems like a very large undertaking by such a young company and it makes me wonder just who is backing it.

Council of the Ageing Queensland, the sector’s peak body, has welcomed the proposed redevelopment as an efficient way to bring beds on-stream much earlier than building from scratch.

The question is, what is the cost to the short-term accommodation availability in this city. Ipswich does not have that much short-term accommodation as it is, especially when there are major events held in and around the city. So by reducing the accommodation rates by this redevelopment lessens that available space to cater for tourists and other visitors to our city.

The Metro International Hotel Ipswich is ideally located behind the Ipswich Civic Centre and caters to, or it did, patrons attending the many shows staged there. Many of the shows staged at the Civic Centre are very popular and much cheaper to attend than travelling to Brisbane. In fact many patrons to these shows come from other places and stay at the hotel behind the civic centre for the night.

According to Oracle, this redevelopment will create more than 200 jobs and if that is the case great. But realistically these types of developments start with this type of rhetoric which eventuates in much less than first anticipated. But what about the jobs that will be lost from the hospitality industry? What about the jobs lost by the cleaners and house attendants currently employed by the hotel? Is this development really only replacing jobs from one sector to another?

So, will hundreds of jobs be created or will they just be one industry replacing another. Will there be any benefit for Ipswich jobs? I really do not think so. I believe that discussion about jobs is just a smoke screen by another developer seeking to rip money out of this community as we have seen so many times before.

We, the community, need to stand up and let the elected and bureaucrats of council know that it is no longer accepted that they continue to rip the guts out of the CBD. And that is what this approval for this redevelopment is doing. It is not good enough to continue to blame another level of government. Our council needs to take responsibility for its own actions.

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$1.5 billion town centre officially open for business

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$1.5 billion town centre officially open for business

THE first stage of Ripley Town Centre officially opened on the weekend as the $1.5 billion precinct is expected to be a catalyst for major regional growth during the next decade.

The milestone marks one of the first major regional infrastructure deliveries in the Ripley region since October 2010 when the State Government nominated it as a priority development area to accelerate development for the growth requirements in South East Queensland (SEQ).

The Ripley population is tipped to soar by almost 28% each year during the next eight years, which will underpin the growth requirements in SEQ. Latest data from Urbis shows the Ripley catchment will be the fastest growing suburb in Queensland until 2026.

This pace makes it one of Queensland’s fastest-growing areas, with the district set to reach a scale comparable with Springfield or North Lakes in the future.

The State Government has spent upwards of $1.5 billion on major infrastructure items in the western corridor since 2005, and a further $500 million has recently been announced to support the corridor’s growth objectives.

These include the $366 million extension of the Centenary Highway, the extension of the passenger rail line from Darra to Springfield plus the Centenary Highway duplication to Springfield valued at $1.27 billion, as well as a $124 million extension of the Ipswich Hospital.

The $40 million first installment of Ripley Town Centre, developed by Sekisui House and constructed by Hutchinson Builders, is anchored by a Coles store.

The first stage reflects a marketplace theme and spans 9400sqm, including 20 specialty businesses, commercial office space and 360 car parks to support the growing Ripley community.

Among the retailers are BWS, Madhouse Discount Ripley, APAR Hair Studio, Gold Class Nails, Orion Massage, Eco Shot Café, Mum’s Bakehouse, Ripley News, Ecco Ripley Sales & Information Centre, The Discount Chemist, Ripley Dental Surgery, Ripley Veterinary Hospital and opening soon Ripley Medical Centre and Chinese Lor Restaurant.

Sekisui House Australia CEO Toru Abe described the town centre opening as a “game-changer” for the western growth corridor, noting it was set to become a vital commercial and community hub for southeast Queensland.

Mr Abe said the site would ultimately turn into a 25ha precinct offering up to 1,000,000sqm of planned commercial, office and retail floor space as well as a dining precinct, regional transit hub, community and entertainment facilities, health and education, open spaces and new inner-urban residential nodes.

“Ripley Town Centre will epitomize the 20-minute neighbourhood – with everything located within 20 walking minutes,” he said.

The eco-friendly town centre recently received a 5 Star Green Star rating from the Green Building Council of Australia, after complying with strict criteria for sustainable design and construction across nine categories.

Mr Abe said the rating showed that Green Star transformation of the built environment wasn’t confined to Australia’s capital cities.

“Regional projects can lead on sustainability,” he said. “This project is packed with intelligent design features such as the rooftop solar that doubles as carpark shading and reduces greenhouse gas emissions up to 15 per cent.

“Sustainability excellence was a primary objective of the Ripley Town Centre project and this required innovative design and management to achieve high indoor environment quality, energy and water saving plus a selection of low-impact materials to minimise the impact on local ecology.”

The heart of the centre offers a showpiece open air space, Satoyama Way. Landscaped with trees, green walls, water features and a range of seating areas, the design was based on the Japanese concept of Satoyama – harmonious interaction between nature and man-made environments. The area will be extended as the town centre grows.

Ripley Town Centre will hold a Main Street Festival on May 26, from 11am to 4pm, to mark the official opening and to celebrate growth and harmony in the region.

Celebrations will include sidewalk dining, live music, entertainment, kids cooking, kite flying, rock climbing, community displays, roving performers and a silent disco.

Mr Abe said the festival was designed to showcase

Source: www.qt.com.au

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