No place in Australia faces a brighter future than southeast Queensland, with the potential to secure much-needed infrastructure due to the Olympic Games.
This catalyst event can bring infrastructure spending from the future into the present, creating opportunities for growth and development.
The potential of Olympic-driven growth...
The Olympic Games have historically served as a catalyst for growth and development in host cities, with infrastructure spending being brought forward to accommodate the event.
This accelerated investment can create lasting positive change in the urban environment, turning SEQ into a highly connected and liveable region.
The importance of timely infrastructure development...
Ensuring that infrastructure projects align with the overall vision for SEQ requires thorough planning and coordination among local governments, state and federal authorities, and private stakeholders.
This collaborative approach will help create a unified and cohesive development strategy for the region.
Building infrastructure for future residents in areas that need development is more cost-effective and efficient than constructing it in densely populated regions…
Learning from success stories...
Successful Olympic host cities, like Barcelona and Munich, have leveraged the Games to improve their regions for decades to come.
Munich's decision to extend its metro system in anticipation of the 1972 Olympics not only connected small villages with the city centre but also shaped the entire region's development for decades.
The vision for South East Queensland...
The Olympic Games could significantly improve connectivity between the Sunshine Coast, Brisbane, the Gold Coast, and Toowoomba, potentially transforming southeast Queensland into a single megacity.
This would result in better connectivity and liveability compared to Melbourne or Sydney, with three international airports, a national airport, and more sunshine.
Interestingly the Queensland government has budgeted $37.6 Billion of infrastructure spending in the next 4 years.
Moving forward Greater Brisbane will benefit from a flurry of major infrastructure projects including...
- Cross River Rail ($5.4 billion) is a new 10.2-kilometre rail line between Dutton Park and Bowen Hills, with 5.9 kilometres of twin tunnels beneath the Brisbane River and the CBD
- The Gabba Redevelopment – Value $2.7 billion
- Brisbane Live ($2.5 billion) Located at a key CBD transit hub, a new 18,000-seat entertainment arena complex will be serviced by underground rail and busway infrastructure.
- Queens Wharf
- The Brisbane Metro ($1.244 billion) will be an important part of Brisbane's larger transportation network, which will connect the city to the suburbs.
- The New Queensland Cancer Centre – Value $750 million.
Conclusion...
The 2032 Olympic Games present a unique opportunity for South East Queensland to transform itself into a thriving, connected and sustainable megacity.
By adopting a proactive approach to infrastructure development and learning from past successes and failures, the region can ensure a bright future for its residents and Brisbane's property buyers.