What you said about Queen’s Wharf precinct after DFS pulls out of deal

Brisbane Queen’s Wharf precinct continues to prove a royal headache, with a wide range of calls over how to fix the latest issue. HAVE YOUR SAY

Brisbane Queen’s Wharf precinct continues to prove a royal headache, with a wide range of calls over how to fix the latest issue.

It was revealed that the precinct is scrambling to find a new high-end retail offering after its world-renowned luxury anchor tenant pulled out of the deal, believed to be worth millions.

In 2021, Destination Brisbane Consortium – behind the $3.6b Queen's Wharf development -sprouted global leader in luxury retail offerings DFS, part of the $309b Moet Hennessy Louis Vuitton (LVMH) Group, would provide a sprawling 6000sq m shopping oasis on the riverfront site.

It was to include a three-level T Galleria Emporium in the historic Printery Building on George Street; plus a wealth of its luxury brands, including Louis Vuitton, housed across 16 freestanding stores, making it DFS’s largest shopping footprint in Oceania.

But the premium retail group has abandoned the deal, believed to be worth millions of dollars, leaving Destination Brisbane Consortium desperate to find a replacement.

A spokesman from DBC confirmed the deal was off and that they were looking for other premium offerings to take over.

He said no deals had been made, and there would be no permanent retail offerings opening on the CBD site until next year.

DFS Australia has now lodged a claim against Queen’s Wharf ­developer Destination Brisbane Consortium, of which Star is the major partner, in the Brisbane ­Supreme Court for misleading and deceptive conduct.

Queensland University of Technology retail expert Gary Mortimer said it was a “missed opportunity” not having the luxury retail giant as part of the precinct.

Readers were quick to pile into the conversation, some claiming it was yet another misstep from a project that has already divided opinion.

Others said it was a sign of Labor – and even the CFMEU – failing to properly address key issues.

While some insisted all would ultimately be resolved and the project would be great for the city.

See what you had to say below and join the conversation >>>

WHAT YOU SAID

It’s all good

Lotus2

Soft openings are often fraught with teething problems. Hopefully in six months time this will all be forgotten!

Steve

It wouldn’t have survived if it had gone ahead probably anyway. The high rollers at the casino probably would have been the only people who would have shopped there.

Philip

Naysayers always want to see great project to fail, always focus on negatives, sad …

QUT consumer behaviour expert Professor Gary Mortimer said the lack of retail offerings removed a compelling reason to visit Queen’s Wharf.

Time to move on

Linda

Who needs a casino? Not the tax paying public. Let’s hope they find a better use for the facility … maybe a hospital.

Pamela

Once again, the chickens were counted before they hatched.

On-the-Money

There will always be a group of people who will only buy “High End”, however the vast majority of the public and tourists look for bargains, will shop online, or prioritise their disposable income into more important things.

Steve

Other than crime, political promises & lies and the cost of living, is anything moving forward in Queensland?

Fonzy77

its happening already. ca. see this place being a ghost mall.

Star Entertainment’s Queen’s Wharf precinct. Picture: John Gass

What a mess

Cameron

We build something like this, but can’t get a stadium built … This is way beyond Brisbane’s needs. and a beautiful outlook of the freeway. some intelligent people on this build … Waste of $$

Bruce Sweetman

just go see the Qld government, they’ve got Miles of cash. They can do to retail what they do to everything they touch. LOL

Wayne

Why open it if the fit outs and construction hasn’t finished!!! Don’t make sense.

Craig

This building with all its cost blowouts is a prime example on how much damage CMFEU is doing to Qld.

rk

Dumb project from the beginning

Sid

Qld is still a backwater run by imbeciles.