The renewal of Brisbane city’s waterfront is rapidly gaining pace with a local ­property group winning the right to ­redevelop the heritage-listed Howard Smith Wharves, while final proposals for the multibillion dollar Queen Street Wharves are due for submission later this month.

HSW Consortium led by Adam ­Flaskas and Elisha Bickle will turn the Howard Smith Wharves underneath the Story Bridge into $100 million collection of restaurants, cafes, bars, 150-room ­five-star Deague hotel, an exhibition hall and parklands.