- Construction works have started at the new urban renewal precinct Parkside Yeronga on Brisbane’s southside
- There will be 281 homes in a new community, including social and affordable housing, townhomes and retirement living apartments
- Economic Development Queensland is leading a public-private consortium attracting around $185 million in private sector investment and creating an estimated 532 construction jobs over four years.
Construction works have started on a major urban renewal precinct that is turning a disused site into a community of 281 homes within the southside Brisbane suburb of Yeronga.
Parkside Yeronga is a master planned community within the Yeronga Priority Development Area (PDA) rejuvenating the disused former TAFE College site.
The 3.1-hectare site is a mixed use precinct including a variety of residential options, commercial space, small-scale retail, a community center and public spaces.
There are expected to be a total of 281 homes delivered by the Parkside Yeronga Consortium known as Yeronga Heart which comprises JGL Properties, Brisbane Housing Company and Retire Australia.
The consortium will deliver a 169-apartment retirement living facility, 37 custom designed town homes, 75 social and affordable units and over 4000 square metres of open space areas.
To enable this mixed-use development, including the delivery of the Yeronga Community Centre, the Queensland Government is investing more than of $40 million in the preparation of the site.
Economic Development Queensland has contracted Bellwether Contractors to deliver the master plan civil works, infrastructure upgrades and the creation of serviced and development-ready lots.
Quotes attributable to Deputy Premier Steven Miles:
“Parkside Yeronga is another fantastic example of the Queensland Government activating under-utilised urban land in connected infill locations to deliver more homes for Queenslanders.
“Economic Development Queensland is leading a joint public and private sector consortium that is transforming disused, surplus state-owned land into a new community.”
Quotes attributable to Minister for Communities and Housing Leeanne Enoch:
“It’s great to see new social and affordable housing is being included in this exciting urban renewal project.
“The Palaszczuk Government is investing a record $3.9 billion in more social and affordable housing to help house vulnerable Queenslanders sooner and this project lends support to those efforts.”
Quotes attributable to Miller MP Mark Bailey:
“Parkside Yeronga will be home to hundreds of Queenslanders who will live in a diverse range of housing styles in an area benefiting from a range of pre-existing and new community facilities.
“I’m looking forward to seeing more people call this special part of the state home, thanks to the Palaszczuk Government.
“In addition to the housing supply benefits, this project will attract around $180 million of private sector investment over the next four years, which is great for the economy.”
Quotes attributable to Yeronga Heart Director, Bill Bennett
“Economic Development Queensland and Yeronga Heart are working together to deliver the new community envisaged in the Parkside Yeronga Master Plan.
“The consortium is investing $185 million in this project to build well-designed, innovative and affordable housing choices that suit a suburban site located only six kilometres from the CBD.
“Parkside Yeronga will address the area’s growing housing needs, with housing choices ranging from affordable units, terrace homes suitable for a family, to independent retirement apartments with onsite care.
“Future residents will benefit from established road and public transport access as well as new facilities within the precinct.”
