The Queensland Government has recently announced their Advancing Our Cities and Regions strategy,with a commitment to work with local councils and communities to generate economic growth and jobs across the state by making use of underutilised government-owned land.
As major development industry groups, the Urban Development Institute of Australia (Queensland) and the Property Council of Australia have welcomed the strategy, believing it will assist in boosting the economy and driving growth in Queensland through transformational urban renewal projects across the state.
“The new strategy makes a very bold statement that the Queensland Government is ready and willing to partner with the private sector to transform surplus government land holdings into exciting new development projects. “This will not only create jobs and boost economic activity, but generate exciting new urban spaces for local communities,” Mr Mountford said.
“A number of priority projects, including the delivery of significant infrastructure such as the Cross River Rail project, will provide employment, bring more land to the market and provide the opportunity for the provision of diverse housing choice,” Mr Harrison said
reference: The Urban Developer October 2016