RENEE MCKEOWN 26 MAR 21

Stockland will be one of first major developers in Queensland’s newest suburb, Caboolture West.

The state government’s growth areas delivery team was given one month to select a new suburb in response to short-term land supply challenges facing the south east.

However, planning was already under way for Caboolture West with ASX-listed Stockland submitting an application for a substantial 175ha parcel of land in September 2020.

The planning scheme shows 13 neighbourhood hubs and six local centres including Stockland’s proposed development to the south, as well as a district centre.

Darrell Giles  March 6, 2021

Springfield Parkway and Springfield Greenbank Arterial upgrade and duplication plans

Ipswich City Council has announced the first piece of construction for the planned upgrade and duplication of one of the region’s busiest roads, the Springfield Greenbank Arterial.

Councillors approved a $3.8 million tender go to BMD Constructions Pty Ltd for a single span bridge crossing Opossum Creek on Springfield Parkway and Springfield Greenbank Arterial.

Mayor Teresa Harding said council is planning a major upgrade of the two key roads in the Springfield region, taking them from two lanes to four lanes.

Darrell Giles February 26, 2021

Proposed Ipswich-Springfield public transport corridor

Ipswich City Council’s major project-of-the-future – the Ipswich to Springfield public transport corridor – and its waste management and recycling challenges strategy have been recognised by Infrastructure Australia.

Infrastructure Australia today (Fri 26 Feb) launched its 2021 Infrastructure Priority List – a comprehensive investment roadmap to support Australia’s recovery from the COVID-19 pandemic, the 2019–20 bushfires and the recent and ongoing drought.

Two Ipswich projects were added to the list, providing an opportunity for strategic infrastructure investment: the proposed 25km public transport corridor known as I2S, and council’s waste and recycling focus.

TARYN PARISTUE 23 FEB 21

Queensland is booming according to Westpac’s Housing Pulse Report.

Senior economist Matthew Hassan said the state’s markets were now very tight with “sales running well ahead of listings and extremely tight rental vacancy rates in most areas” tipping the market into a boom.

“Market turnover has continued to hold well above pre–pandemic levels and prices are pushing new historic highs,” Hassan said.

“While there are some soft patches—Brisbane’s inner city and tourism exposed areas—the state’s wider fundamentals remain very constructive.”

Domestic migration to the Sunshine Coast, Gold Coast and Cairns has bolstered a double digit price growth in the past six months. Westpac reported sales were running “well ahead of listings” down to just 3.4 months of sales in Brisbane, where the long run average was five months.

By Phil Lutton  February 25, 2021

Australia is officially in the box seat to secure the 2032 Olympic and Paralympic Games after the International Olympic Committee (IOC) confirmed it would enter into exclusive discussions with organisers of a “very advanced” south-east Queensland bid.

If Queensland is successful in being awarded the Games, it will be Australia’s third hosting, after the Games held in Melbourne in 1956 and the 2000 Sydney Olympic Games.

When Premier Annastacia Palaszczuk formally announced the bid at the end of 2019 she said “generations to come” would benefit.