Brisbane Waterfront redevelopment revealed for Eagle Street Pier

New designs for an ambitions $2.1 billion city-changing plan that will totally transform Brisbane’s Eagle Street Pier and Waterfront Place precinct can be revealed, and it’s set to pave the way for 1000 new jobs in the process. SEE THE NEW PLANS

CITY-CHANGING plans to transform the Eagle Street Pier and Waterfront Place precinct have been lodged with council as Dexus forges ahead with its multi-billion dollar redevelopment.

The $2.1 billion transformation is expected to create 1000 jobs.

Once finished, it will feature a retail and cafe strip.

New designs for the $2.1 billion landmark Waterfront Brisbane project will be unveiled today, with new estimates revealing the upgrade is expected to create more than 1000 construction jobs over the next decade.

Heavy weight Eagle Street Pier restaurant owners have something to say about $2.1B revamp plan

Eagle Street Pier to be transformed under $2b development plan

An artist impression of the $2.1 billion transformation of Eagle Street Pier into Brisbane’s premium business and leisure destination.

Plans are to make Brisbane’s waterfront a world class destination.

Dexus lodged its development plans with Brisbane City Council yesterday in a major step forward for the project, which will involve the construction of two office towers – one that is 49 floors and another that is 43 – that will overlook the river.

A new active retail and public space will also be developed, while the Eagle Street Pier Building will make way for the redevelopment – which will also include a retail and café strip and direct access to a widened riverwalk.

The plan includes two new office towers. Artist impressions supplied

Developers say it will become a “world class destination”.

Dexus chief investment officer Ross Du Vernet said the project’s scale and central riverfront location would establish Waterfront Brisbane as a “world class destination”.

“Waterfront Brisbane will be a great outcome for Brisbane with the renewal of the city’s premium business district, activation of the river and improvements to the riverwalk,” he said.

Plans for the massive waterfront leisure destination were given the green light by the State Government late last year and will now be subject to council approvals.

Dexus Waterfront’s $2.1 billion transformation of Eagle Street Pier. Artist impressions supplied

The massive project has been described as a vote of confidence for the Queensland economy.

State Development Minister Kate Jones said the lodgement of the development applications was a “significant step” for the project and a vote of confidence for the Queensland economy.

“As our economy begins the process of recovery from the COVID-19 pandemic, it is so important to keep the momentum going with major projects that will deliver jobs for Queenslanders,” she said.

The project will create 1000 construction jobs over 10 years.

“We’re delighted that Dexus has remained committed to progressing this major project in what has been a difficult time for many businesses.”

The first tower is expected to be built by 2026, with construction to begin at the Eagle Street Pier site by 2022 – subject to approvals.

The plan includes riverfront dining, retail outlets and public plazas. Artist impressions supplied

The project will feature new moorings for commercial vessels, shaded terraces and about 9,000 square metres of riverside open space for the public.