Home
  • plan
  • Invest
  • Property
  • enquire now
  • Learn
Home
DPN
  • plan
  • Invest
  • Property
  • enquire now
  • Learn

Research

Construction has begun on $5.4 billion Cross River Rail project

The construction of the $5.4 billion Cross River Rail project has begun. Find out what this important infrastructure milestone means for investors in Brisbane.

TAGS

Research (92) / Property investor (161) / Beginner (575) / Intermediate (540) / Expert (564) / Queensland (195) / Brisbane (89) / Growth (100) / In the media (43)

$5.4 billion rail project

Cross River Rail project visualisation

The transformative Cross River Rail project began at the end of August confirmed Premier Annastacia Palaszczuk. The 5.9km tunnel will run under Brisbane River from Dutton Park to just past the Roma Street Station. “This is an important milestone as it marks the start of official works for this historic infrastructure project,” said Ms Palaszczuk. “Over the next few months, Queenslanders will see activity ramp up, with the demolition of the Go Print site and the relocation of electrical substations.”

To ensure as many homegrown construction companies as possible are involved in the Cross River Rail project, the State Government will use the Buy Queensland procurement policy. This procurement policy is controversial because it’s scorned by the Federal Government but hailed by local producers.

Every year during construction, more than 1500 jobs are expected. Four new stations will be developed as part of the landmark project. These stations will attract development, including a health-focused science centre at Boggo Rd. A $2.5 billion entertainment and education precinct is being planned by entrepreneur Harvey Lister. The transport infrastructure will be a “major driver of private sector investment” according to James Tuma, national director of city-shaping specialists Urbis.

Original article and photo: Annastacia Palaszczuk confirms work has begun on rail project


RELATED LINKS

  • Queen’s Wharf precinct will contribute to huge job growth in Brisbane


RELATED LINKS

  • Important steps from purchase to handover

 


Follow us on Twitter for more news, tips and inspiration.
Like us on Facebook and Google+ explore our Pinterest boards.

Like this article or found it helpful? Share it!

Newsletter

Receive our articles directly to your inbox

Next article

Queen’s Wharf precinct will contribute to huge job growth in Brisbane

Go to articles list

Programs

Work with us
Giving back
Become an affiliate
Refer a friend
Help desk
Property Management
Finance

Locations

Head office
Australia
Hong Kong
Singapore

Contacts

Toll free in Australia
P. 1300 723 318
Outside of Australia
P. +61 2 9525 2033

Social Media

Newsletter

Terms of use | Privacy policy | Guarantees

This information is provided by DPN Pty Ltd ABN: 94 630 700 186 Australian Credit Licence 514759. DPN Finance Pty Ltd is an authorised credit representative 504129 and related entity of DPN. Credit for Dream Big 100% Offset and Work Smart 100% Offset is provided by Adelaide Bank a division of Bendigo and Adelaide Bank Ltd, ABN 11 068 049 178 and Australian Credit Licence 237879. Casa Capace Operations Pty Ltd, NDIS provider number 4050038018 trading as Casa Capace.