The $3.6 billion development of Queen’s Wharf is still on time and on budget amidst the pandemic crisis, its developer recently unveiled in a report to investors. The planned world-class leisure, entertainment and tourism site at the Brisbane CBD also reopened its visitor centre to the public on 6 July 2020.
Managed by the Destination Brisbane Consortium (DBC) for the Queensland Government, Queen’s Wharf completed its $1.6 billion financing requirements by the end of June 2020.
“Being able to complete the project financing, particularly in such challenging market conditions, is a fantastic milestone for DBC,’ Nicholas Adkins of Allens, the international commercial law firm, said in a press release.
“We are delighted to have been involved on such a landmark project for the consortium partners and the city of Brisbane and we are very keen to see the consortium’s vision come to life over the next few years as construction is completed.”
Construction of the Queen’s Wharf project started in January 2017 and it’s expected to be completed by 2023. Aside from the resort, hotel and casino facilities, the site will also include residential towers and commercial outlets.
Meanwhile, those keen to check out what will be in store at Queen’s Wharf may drop by the visitor centre on George and Alice Streets. The area has a one-stop interactive section that will take visitors to the development process of the precinct.
Children on a school holiday may also enjoy the Sky Deck’s glass floor area. By 13 July 2020, Pulse Café will start serving meals and drinks to make visits more pleasurable.