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Industry News, Latest News, Projects, Queensland

Building begins on $850M Yeerongpilly Green Riverside community

Construction has commenced on the first stage of the $850 million Yeerongpilly Green Riverside community, supporting 631 construction jobs.

Deputy Premier and State Development Minister Steven Miles was onsite to turn the first sod together with Consolidated Properties Group and CVS Land Capital Partners who will deliver the project.

“The commencement of construction of the first stage is a major milestone that will deliver 83 apartments and 10 luxury terrace homes, together with a Woolworths retail centre, café and dining precinct, specialty stores and commercial offices which will support 631 jobs during construction,” Miles said.

“Projects such as Yeerongpilly Green Riverside help address land supply challenges, catering for Queensland’s booming population whilst creating local jobs.

“The Yeerongpilly Green Riverside master plan, which includes up to 1,200 homes, will generate around 6,600 construction jobs, including 335 apprentice jobs and 1,000 full-time long-term jobs on completion – providing a major boost to Queensland’s COVID-19 Economic Recovery Plan.”

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Member for Miller Mark Bailey said Economic Development Queensland (EDQ), in partnership with the developer, invested over $30 million to deliver the parks and public infrastructure.

“Yeerongpilly Green is a great example of how we are investing in our local communities and supporting job creation for Queenslanders,” he said.

“We have created a pedestrian spine between the Yeerongpilly Railway Station and the Pat Rafter Tennis Arena and parks as well as other infrastructure including roads, verges, landscaped public spaces and all services necessary for a modern master planned community.

“With this now all complete, I’m looking forward to seeing the area take shape, with easily accessible facilities that will benefit everyone in our community.”

Consolidated Properties Group Chairman and CEO Don O’Rorke said the start of construction follows years of hard work on approvals, design and community consultation.

“Yeerongpilly Green Riverside has been holistically designed to include everything a community could want from health and wellness services through to shopping, public transport, parkland and premium homes that complement the local environment,” O’Rorke said.

“It delivers a destination on Brisbane’s southside away from the hustle and bustle of the CBD with well-known food and beverage operators creating bespoke dining experiences alongside Yeerongpilly Green Riverside’s heritage buildings.

“The residences have really resonated with buyers, which can be seen from the 90 per cent pre-sales achieved so far.”

Construction is expected to be finished in mid-2023.

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