Brisbane 2032 organisers consider mega-development to overhaul South Brisbane for Olympics

Brisbane 2032 organisers will investigate how Mark and Tracy Stockwell’s overhaul of South Brisbane could be used during the Olympic and Paralympic Games.

In a major boost for the city, the Stockwells have proposed a transformation of South Brisbane’s industrial sites into a masterplanned 12-tower development with hundreds of eateries, cafes and entertainment venues.

The former Olympians’ proposal also suggests a Paris 2024-style Champions Park – where fans could engage with winning athletes – on an extended riverside parkland currently housing the Parmalat milk factory.

The Stockwells, through their property development company Stockwell, have also proposed to host Olympic sport climbing and skateboarding in a redeveloped civic square.

While the 2032 sport program and minor venues have not been finalised, Mr Stockwell has briefed Brisbane 2032 organisers on his plans.

A Brisbane 2032 spokeswoman praised the proposal and said its inclusion as a Games venue would be considered.

“South East Queensland continues to attract an increased number of permanent residents, tourists and visitors and the development plan put forward by Mark and Tracy Stockwell is a bold and an exciting vision for Brisbane before and beyond 2032,” she said.

“We are focused on delivering an Olympic and Paralympic Games that benefits athletes, Para athletes and fans alike, with experiential moments right across the Games footprint and throughout communities.

“We look forward to the redevelopment progressing in South Brisbane and will consider any opportunities to use available space as part of our venue development plan.”

Premier David Crisafulli said the state government was supportive of Stockwell’s proposal.

“We’ve set the signal that we’re open for business and people are answering the call and that’s tremendously exciting for all of Queensland,” he said.

“That’s the reality of what happens if you do send a signal that you want investment.

“People will answer the call and things are happening again in Queensland and they’re happening right across the state.

“This is the kind of project that is happening when people have faith in the direction of the state.”

Property Council Queensland executive director Jess Caire said the ambitious Stockwell development would add to Brisbane’s standing as a global destination.

“It showcases the best of Brisbane’s natural beauty, you’ve got this beautiful river looking back to the city,” she said.

“People will want to meet there, they’ll want to come and enjoy the city.”

Ms Caire said the interconnected mix of residential, commercial and entertainment would make the peninsula a hive of activity.

“People want to live in areas like that, you’re not just looking at one asset type,” she said.

Opposition Leader Steven Miles backed the proposal for its ability to boost the city’s housing supply.

“I was excited to see more plans to build more houses, that’s ultimately what Queenslanders need and the Stockwells are Queensland legends,” he said.

“I welcome them putting their hand up to help deliver the housing agreement.”

Originally Published in The Courier Mail by State Political Editor, Hayden Johnson. View online article HERE.

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