The retail precinct development, anchored by Woolworths, at the Yeerongpilly Green urban renewal project has been launched as restoration and refurbishment works of heritage-listed properties — The Institute and The Stables — commences. The recently opened pedestrian walkway provides tennis fans a perfect link from Yeerongpilly Train Station to the Queensland Tennis Centre in Tennyson.
Acting Premier and Minister for State Development, Manufacturing, Infrastructure and Planning Cameron Dick announced the official launch of the $250 million development program on 15 January. The 5,000-sqm retail precinct will be anchored by supermarket store chain Woolworths and is expected to generate around 100 jobs once it is completed.
“Woolworths commitment is the catalyst for development of Yeerongpilly Green’s village centre, which will be a major drawcard for prospective purchasers looking to secure a home in the first stage of this vibrant riverfront community,” Mr Dick said.
“With new parklands, new pedestrian-friendly pathways and new roads complete, Yeerongpilly Green is already putting on a show, and this highly-anticipated retail precinct with the new Woolworths will form the heart of the project and provide the shopping experience an urban renewal project of this scale merits,” he said.
Together with the retail precinct launch, Consolidated Properties also announced the commencement of the $10 million restoration program for the two heritage-listed properties.
“Not only are we announcing Woolworths commitment to anchoring our village, we are also commencing development of one of two Heritage buildings,” Consolidated Properties Executive Chairman Don O’Rorke said
“The $5 million building will be completed mid-2019 and will be used as an experience centre incorporating a sales and display suite ready for our sales launch on 3 August at which our first 91 apartments and 10 townhomes will be formally released,” he said.
Yeerongpilly Green from Scharp Creative Studio on Vimeo.
Yeerongpilly Green’s 10-year construction will generate around 6,600 construction jobs. Once completed, the $850 million Yeerongpilly Green development is set be home to about 3,000 residents providing commercial and retail spaces, boutique hotel, parkland, and open spaces; providing 1,000 full-time long-term jobs.
“The Palaszczuk Government has invested $30 million into the creation of parks, plazas and infrastructure at Yeerongpilly Green, which will benefit residents, Brisbane locals and visitors, and we are extremely proud to have backed this economy-boosting project and the jobs it is generating for Queenslanders.”
“It’s fantastic to see this project evolve and the Palaszczuk Government has ensured the public areas are of an extremely high quality,” Member for Miller Mark Bailey said.
“The local community is excited by the notion that once this great new retail precinct is open, they will be able to enjoy the ease of shopping for groceries or grabbing something to eat or drink at their doorstep,” he said.
