The immigrant tale behind Brisbane's $25,000/sq m James Street Market
As much as James Street is a textbook business lesson in creating the perfect capsule destination, it’s also the tale of how three immigrant families transformed a derelict industrial block on Brisbane’s seedy north fringe.
(Left to right): Cal Malouf Jnr, James Street Initiative creative director Marie-Louise Theile. Patrick George and Michael Malouf on James Street. Mikey Andersson
Striding towards their regular poolside table at Hellenika restaurant in The Calile Hotel on James Street, Fortitude Valley, brothers Michael and Cal Malouf have the relaxed swagger of movers and shakers.
It’s late March when The Australian Financial Review Magazine visits – beyond even the long tail of a Brisbane summer, yet the heat refuses to make way for autumn: 29 degrees by 8.30am and crippling humidity; an operetta of cicadas already in full swing.
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