The people of Queensland are set to reap the profits from developments built around Cross River Rail priority areas, including the proposed Brisbane Live arena after the Queensland Government-owned QIC was awarded the redevelopment rights of lucrative station sites. In what is arguably Australia's most successful Government-owned investment corporation, the Queensland Investment Corporation will develop an estimated $3 billion worth of projects surrounding Cross River Rail station hubs in Boggo Road, Woolloongabba, Albert St and Roma St. Following the appointment of QIC's new CEO, it can now be confirmed that the State has formalised the agreement for QIC to deliver real estate solutions for four of the above-ground precincts of Brisbane’s Cross River Rail. These agreements establish QIC as the precinct developer of these four transit-oriented precincts – Boggo Road, Woolloongabba, Albert Street and Roma Street. [caption id="attachment_20797" align="alignnone" width="95

Griffith University is in discussions with the Queensland Government for a large new 55-storey CBD campus office tower located above the new Roma Street Cross River Rail station, as part of the Brisbane Live precinct. The tower would house Griffith University lecture theaters, study and workspaces, as well as student accommodation and is estimated to cost around $280 million to construct. Located above the Cross River Rail underground as well as surface rail and the new underground Brisbane Metro and Northern Busway, the campus would be the most connected in Queensland. The campus would also become the new hub for the university's business, law and I.T schools and would take up the majority of the tower from levels 15 to 55. [caption id="attachment_19396" align="aligncenter" width="950"]

Premier Annastacia Palaszczuk has announced the state government will start market sounding for a new Brisbane Live arena in the heart of the city. The announcement came as the Premier also announced public consultation will start on the Precincts Delivery Strategy to transform the city through the $5.4 billion Cross River Rail project. “We know that by unlocking under-utilised land in the heart of the city like Roma Street, we can leverage significant private sector investment and create jobs,” the Premier said. “Brisbane Live has the potential to deliver 450 jobs per year during construction, with 1000 jobs in the peak year and 600 ongoing jobs once operational. A concept design for an over-rail CBD entertainment arena has been done for 65,101sqm GFA with a capacity of up to 18,000 people. This is compared to the Brisbane En

The Brisbane Transit Centre - often cited as one of Brisbane's ugliest building clusters will be demolished by 2020 to make way for Cross River Rail's new underground Roma Street Station and Brisbane Live. Deputy Premier & Treasurer Jackie Trad made the announcement that the $5.4 billion Cross River Rail project would transform the western gateway to the City and deliver the proposed ‘Brisbane Live’ development. “Roma Street Station is a key link between the city centre, Roma Street Parklands, Spring Hill’s schools, Caxton Street, the Petrie Barracks, Suncorp Stadium, and the cultural precinct at South Bank,” Ms Trad said. When complete the new station is expected to be used by more than 230,000 commuters every week, the equivalent of over four capacity crowds at Suncorp Stadium. “However, the Brisbane Transit Centre is well past its prime, but by 2025 this end of the City will be totally transformed,"Ms Trad said. Early works will start in 2019, with the

Queensland’s vision of a new state-of-the-art entertainment precinct built as part of Cross River Rail – ‘Brisbane Live’ – is a step closer with the Palaszczuk Government committing $5 million to develop a business case. Deputy Premier and Treasurer Jackie Trad said that the project was demonstrative of the potential that Cross River Rail has to transform Brisbane. “Brisbane Live is a proposal for a 17,000 seat world class entertainment arena, similar to the LA Live complex, which would become Queensland’s premier entertainment venue hosting international live entertainment and world class sporting events,” Ms Trad said. “Brisbane Live is a very exciting proposal that will deliver decades of economic and employment opportunities in what is an underused part of the city. “But it’s also a transformative project for SEQ and the whole of Queensland, drawing in tourist dollars, and ensuring our great state does not miss out on world class events. [captio

Brisbane will soon join the ranks of London and Los Angeles with bipartisan support for a full $2 billion arena-centred entertainment precinct now, for the most part, guaranteed. Labor announced on Sunday that Brisbane Live would be delivered by the already established Cross River Rail Development Authority in partnership with Brisbane-based AEG Ogden and would largely be funded by the private sector. The Madison Square Garden-style 17,000 seat entertainment arena will be built on top of the Roma Street railway tracks and have similarities to AEG's other Entertainment Precincts like LA Live in Los Angeles and the O2 in London. [caption id="attachment_15648" align="aligncenter" width="900"]

The $2 billion Brisbane Live entertainment precinct located in the heart of the CBD is about to progress to stage two of the Queensland Government's market-led proposals initiative. For over 12 months the government has been reviewing the plan and is anticipated to provide constructive feedback which will push the project into a fine tuning and due diligence phase. Harvey Lister, chairman of Brisbane-based AEG Ogden, a subsidiary of global entertainment venue operator AEG, told the Courier Mail they are optimistic that Brisbane Live is now receiving the focus it needs with the State Government to enable it to happen. In preparation of the next stage, AEG Ogden has already prepared a detailed 150-page financial brief and appointed Jones Lang LaSalle to explore opportunities and ways to attract private investment into the project which would see the development of apartments, hotels, retail, commercial space as well as possibly cultural, education and research facilities ba

AEG-Ogden, a subsidiary company of AEG, the world’s largest entertainment venue operator has unveiled plans for a massive $2 billion 'Brisbane Live' ultra-entertainment precinct to be built above the Roma Street rail lines which will be presented to the state government this week. Similar to Madison Square Garden in New York City, or Melbourne's Federation Square, the new precinct complex would make use of valuable air space above existing rail lines as well as the connectivity that Roma Street has to every rail line in the SEQ rail network with no land swap or sale required. [caption id="attachment_10236" align="alignnone" width="1024"]