A consortium of planners has developed the confidential plan according to The Courier-Mail.
The plan, North Coast Connect, would be the first rail link between Brisbane and Maroochydore. It would create 200km of fast rail saving about two hours’ travel time on a return trip.
The project has been submitted by Stockland, Smec, Urbis and KPMG, and reportedly has the backing of 26 Queensland federal parliamentarians, who are demanding the Prime Minister give Queensland a majority slice of $10 billion set aside under its National Rail Program.
It is understood the project has been short-listed by the Government.
[Related reading: High-Speed Vision for Five New Cities Connecting Canberra, Sydney Melbourne]
Member for Fairfax Ted O’Brien, who has been driving the project on behalf of the LNP, said that the “Team Queensland” parliamentarians “are going after this one hard”.
“With $10 billion available from the Turnbull Government, we need to be advocating for billions, not millions,’’ O’Brien said.
“Fast rail means people can live, work and play where they want, without the stress of excessive commuting times.
“It will expand job and study options, enable more lifestyle choice and build an economically strong and user-friendly southeast corner.
“If we can get fast rail, as opposed to standard 100-year-old rail, we’ll see people wake up in Nambour at 7 o’clock and be at their desk in Brisbane by 8 o’clock.
O’Brien said the project could cost anywhere between $3-$5 billion, and would have the potential to create thousands of jobs, relieve pressure on the Bruce Highway and revitalise Nambour.
Stage 1 would include an upgrade of the existing line from Brisbane to Beerburrum. Stage 2 from Beerburrum to Nambour would entail new rail and upgrades of existing rail, and Stage 3 from Beerwah to Maroochydore would include a 40km spur line branching off the North Coast Line.
North Coast Connect is the only Queensland fast rail project to be short-listed along with 10 others vying for three business cases that the Commonwealth will consider funding.
Originally Published: sunshinecoastinvestor.com.au
Shortlist Announced for Cross River Rail Construction
The shortlist of consortia bidding to build the state’s largest infrastructure project, the $5.4 billion Cross River Rail, has been announced.
Despite being pushed back almost a year – the shortlist was due to be announced in May 2017 – Acting Premier Jackie Trad blamed the delay on the conflict over funding with the federal government.
“If this process had occurred in May last year it would have occurred before there was money for the project,” Trad told reporters on Tuesday.
Trad said that the shortlist followed a comprehensive evaluation of the expressions of interest received for the project’s two major works packages: The Tunnel, Stations and Development public-private partnership and the Rail, Integration and Systems alliance.
“Shortlisted companies will now be required to prepare detailed bids that demonstrate innovation and offer Queenslanders the highest possible value for money.”
“Once the assessment process is complete, the consortia selected from these shortlists will be building this project. ”
The Palaszczuk government committed to on-time delivery of the project from here on in, after the turbulent years leading up to the contract announcement.
The process to select the consortium to build Cross River Rail is expected to take between 12 and 18 months, with the successful tenderer then expected to take up to a further year to begin physical work on the project.
The project involves the delivery of a 10.2km north-south rail link from Dutton Park to Bowen Hills through the exhibition showgrounds, including 5.9 kilometres of rail tunnel under the Brisbane River and CBD, as well as four new underground stations at Boggo Road, Woolloongabba, Albert Street and Roma Street.
Demand for Brisbane’s rail services is forecasted to double by 2026, and triple by 2036. The project seeks to respond to these demand pressures by providing transport options to 164,000 passengers daily.
The election of a Labor government in November eliminated uncertainty over whether the project would have been scrapped or delayed under a Liberal government.
“We promised to build Cross River Rail and that is exactly what we are doing,” Trad said.
Tunnel, Stations and Development public-private partnership consortia shortlist:
- CIMIC Group-led consortium, including Pacific Partnerships, CPB Contractors, UGL, BAM, Ghella and DIF
- QIC, Capella Capital, Lendlease, John Holland and Bouygues
- Plenary Group, ACCIONA, GS Engineering & Construction, Salini Impregilo and Spotless Group
The Rail, Integration and Systems alliance shortlist:
- Laing O’Rourke Australia Construction Pty Limited, GHD Pty Ltd, Aurecon Australasia Pty Ltd, SYSTRA Scott Lister Australia Pty Ltd
- CPB Contractors Pty Limited, UGL Engineering Pty Limited, Jacobs Group (Australia) Pty Ltd, AECOM Australia Pty Ltd
Main image: A concept image of the Roma Street station servicing Cross River Rail.
Originally Published: theurbandeveloper.com
Two city properties to be resumed for intersection upgrades
The land will be taken from the Coronation Hotel at 254 Brisbane St.
The council needs to resume the land to allow for a 3m-wide verge and the realignment of pedestrian crossings.
The hotel building will not be affected.
The council also plans to resume land from a small block of shops at 55 Brisbane St to allow for the creation of a continuous north-south road connection between Warwick Rd and Bremer St, and create an alternative link to East St.
Originally Published: www.qt.com.au
How train lines are driving property prices
A train on the new Redcliffe Peninsula line. Source: Supplied
HOW access to train lines are driving property profits.
Redcliffe residents waited more than 130 years for a train line, and now that it’s here it is raising interest in the peninsula and its property market.
The Redcliffe Peninsula was cut off from the rest of the southeast’s rail network, until the long mooted train line finally opened in late-2016.
Locals can now hop on a train from any of Redcliffe’s six train stations, and that has become a juicy selling point for the area’s real estate agents.
General manager at LJ Hooker Redcliffe, Kylie Loof, said the new train line was often a topic of discussion from a certain type of buyer.
“The people that are talking about it are from other states,” Ms Loof said. “They ask ‘is it close to the new train line?’.”
The interstate interest makes a curious disparity, Ms Loof said, as many locals still kept old travelling habits from before the line opened.
She said many locals still drove across the bridge to get to Shorncliffe Station to catch the train, a tactic she said could save a bit of time on a commute to Brisbane.
She estimated that before the line opened, only about 30 per cent of investors in the area would be from interstate.
“Now it is about 50/50,” she said.
In peak times, the train from Redcliffe can take the best part of an hour to reach Brisbane’s CBD, which might sound a lot for the average Queensland
But for one Sydney-based investor, the announcement of the train line helped him invest his hard earned cash in what he predicts will be a strong growth area.
Take Ekanayake, 29, has purchased three investment properties in the past two years, looking at long-term growth.
“Being from Sydney, whenever a major infrastructure with trains gets announced there is a massive growth in the area in terms of real estate,” Mr Ekanayake said.
He predicted that there would be a time when more and more Redcliffe residents would use the train, and this would be a positive for property owners.
He pointed to other changes in the area, including the new University of the Sunshine Coast campus which will open in Petrie in 2020.
“Once you’ve got 10 to 20,000 more students in the area, the value of that train line is going to be more significant,” he said.
So far growth has been modest across the Redcliffe area since the track was announced back in 2010.
In the suburb of Kippa-Ring, which has the benefit of being close to the bay and the train line, the change in the median price for a house over the past five years was 19.9 per cent.
Nearby Mango Hill had slightly stronger growth over the five years at 22.6 per cent, but it was still modest compared to booms in Sydney and Melbourne.
With interstate migration to Queensland very strong, especially in the state’s southeast, Mr Ekanayake predicted the area was due for a boost.
“There has been so much media attention on the Sydney and Melbourne markets, but once Sydney starts to cool off, which it is, it is Brisbane that takes off,” he said.
“Brisbane is almost half the price (of Sydney) so right now there is a huge gap, and that gap has got to close.”
Harcourts Redcliffe owner Steve Hawley said you could see the changes in the Redcliffe area just by looking at the skyline.
“We are seeing a lot of new townhouses and multistorey developments, there are a lot of cranes out and about,” Mr Hawley said.
“We’ve been a sleepy town for that long so it is time to move ahead.”
Originally published: moretoninvestor.com.au
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