Brisbane Live




PROJECT
PIPELINE
STATUS

Prospective pipeline

Credibly proposed

Announced

Under procurement

Preferred bidder announced

Recently closed
Brisbane Live
STATUS

Prospective pipeline

Greenfield (construction) or brownfield (government asset divestment) projects needed or likely to occur within the next five years, but is not formally proposed by a state, territory or major local government.

Credibly proposed

The project or divestment is supported by a state, territory or major local government, is subject to studies or other processes (such as pre-feasibility or scoping studies or business case development), and is likely to proceed to formal announcement.   

Announced

The project has a firm commitment and timeline from a state, territory or major local government, but has not yet entered the market.

Under procurement

The project or transaction is under procurement (such as a call for Expressions of Interest, requests for tender, or another offer to the market).

Preferred bidder announced

A preferred bidder has been selected and is in exclusive negotiations.

Recently closed

Projects that have progressed to contractual close remain on ANZIP for 12 months.

ANZIP is focused only on major infrastructure activity, above the following thresholds:

Australia

Construction projects: > AUD$300m

Investable greenfield & brownfield: > AUD$100m

New Zealand

All greenfield and brownfield projects and divestments: > NZD $100 million


STATUS: Credibly proposed
VALUE: $2.1bn AUD
SECTOR: Social infrastructure
JURISDICTION: QLD
PROCUREMENT APPROACH: Possible PPP, Unknown
TYPE: Greenfield

The proposed Brisbane Live development comprises the establishment of a world class integrated entertainment and transport precinct at Roma Street and is being developed in conjunction with Cross River Rail.

The project includes a new 17,000 - 18,000 seat entertainment arena and ancillary facilities to support the arena's operation along with new public spaces and active transport connections to the CBD and Roma St Parklands. The development will sit on an elevated structure above existing railways, road and property on the site.

The concept design also includes potential commercial and residential towers where the Brisbane Transit Centre sits. The Center is being demolished to construct the new underground Roma Street Cross River Rail station. Early works are expected to begin in 2019 with demolition of the Centre expected in late-2020.

The project was originally proposed by AEG Ogden through the Queensland Government's previous market led proposal framework. Depending on the procurement approach chosen by the government, the project is likely to require private finance. Traditional, alliance and Public Private Partnership procurement approaches were considered as part of the business case.

In the 2018-19 State Budget, the Queensland government provided $5 million toward developing a business case for the project, which was subsequently completed in late 2018. Building Queensland led the development of the business case for the project in conjunction with Cross River Rail Delivery Authority (CRRDA), who are the responsible agency for the project. As part of the planning process AEG Ogden was engaged under an Early Operator Engagement agreement with CRRDA. The business case is now with the Queensland Government for consideration.



Last reviewed: 31/01/2019

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