- »Queen’s Wharf Apartments Sell Fast as Opening Nears
Queen’s Wharf Apartments Sell Fast as Opening Nears
Photo by Grant Lemons
Brisbane’s multi-billion dollar Queen’s Wharf project has sold 90 per cent of its stage one apartments, as the project is expected to open in 100 weeks.
The Courier Mail reports that 20 Olympic-sized swimming pools worth of concrete have been poured and more than 200 tonne of structural steel is arriving on site each week.
Star Entertainment Group chief executive Matt Bekier, who visited the Brisbane riverfront last Tuesday, said the project was on time and on budget.
He said apartment sales were “exceptionally strong”, despite the coronavirus pandemic.
“We are more than 90 per cent sold now in the first tower,” he said.
“That gives us confidence that we can push the button on the next tower.”
Mr Bekier said the coronavirus pandemic forced a rethink on the project’s offering and said the casino’s international VIP business would make up a “smaller part” of its future plans.
“That high roller market is probably not going to come back,” he said.
“That high roller market that built Macau is not coming back in its old form, what’s coming back is the affluent, sophisticated traveller who wants to explore the world by themselves and that’s what this property will serve.
“What is growing is what we call the premium mass, the luxury tourist business…they love big hotel rooms and they love experiences.
“We’re building a business with a much broader base of tourism guests from a wider range of markets.”
Mr Bekier said the Queen’s Wharf project, which would feature 1000 hotel rooms across four tours, would be beneficial if Queensland secures the 2032 Olympics.
“I think this will be an absolute game-changer and a lot of what we’re doing here with infrastructure, public transportation, the airport and hotel capacity could be a fantastic focal point,” he said.
Photo by Pankaj Patel
Brisbane Casino Development Makes Online Blunder
Brisbane’s Queen’s Wharf development has been forced to take down a website post that promotes its multi-million dollar apartments.
The Courier Mail reported in September that the development hastily altered its website after a graphic wrongly identified South Bank as being at Gardens Point, on the northern bank of the Brisbane River.
The stuff up, which was explained as a “glitch”, was visible on the computer and seemed to be placed at the same point where a new bridge between the proposed integrated resort development and South Bank would land in the CBD.
The interactive graphic correctly labelled South Bank on the south side of the river on smartphones.
The graphic, which appears on the Residences website promoting new apartments currently being built at Queen’s Wharf, was quickly fixed.
The error comes as building work goes into overdrive at the project, with scaffolding and ten cranes now visible above Brisbane’s CBD.
Once complete in 2022, Queen’s Wharf will house a casino, several new hotels, 50 bars and restaurants, retail space and apartments.
Several areas of public green space have already opened as part of the project.
Among the most eagerly awaited aspects of the $3.6 billion development is a new Skydeck, which will tower more than 100 metres above ground and be open to the public.
Queen’s Wharf Fitout Crew Announced
The construction of Brisbane’s Eagle Street Pier and QT Hotel on the Gold Coast has been awarded to a Sydney-based company, who will include gaming, food and drink areas on two levels of Queensland’s Queen’s Wharf resort development.
State development minister Kate Jones announced the contract went to Built, headquartered in Sydney, but which has an inner-city Brisbane base.
“The latest contract to deliver the next major package of works has been awarded to a proud Australian construction company,” Ms Jones told Parliament in September.
“Built have been awarded the contract to fit out levels five and six of Queen’s Wharf.
“That means one thing – more jobs for local contractors, chippies, sparkies, plasterers and labourers will all work on the fitout of these entertainment areas next year.