The Queensland Government has confirmed its preferred tenderer for the $1.1 billion Herston Quarter project in Brisbane.
Australian Unity has been chosen develop the site of the former children’s hospital at Herston in Brisbane and create a $1.1 billion health, aged care, residential and retail destination.
Australian Unity plans to develop and then take an ongoing role in an integrated health, ageing and research precinct in the Herston Quarter, which would provide Queenslanders with access to leading health, hospital and aged care services.
The new project, integrated within the existing Herston Health Precinct, is designed to attract, train and retain the best clinicians, health workers, researchers, academics and students.
Australian Unity secured the Queensland Government’s preferred tenderer status for the Herston Quarter after a rigorous selection process.
“The Herston Quarter is an important social infrastructure project for Brisbane and Queensland and we thank the Palaszczuk Government for the opportunity to contribute to the development of a world class health precinct,” Australian Unity Group Managing Director Rohan Mead said.
The Herston Quarter is adjacent to the Royal Brisbane and Women’s Hospital in inner suburban Brisbane. The masterplan for the five-hectare site includes:
- A public rehabilitation hospital
- a private hospital
- residential aged care
- retirement living
- student accommodation
- health research
- a co-working hub, and
- education and training facilities.
Mr Mead said that construction on the health precinct will create around 700 jobs and hundreds more jobs will become available once construction is complete and the precinct is in full operation.
Treasurer Curtis Pitt said the redevelopment will be delivered at no net cost to Queenslanders.
Works are expected to start in 2017 and the redevelopment will occur in stages over the next 10 years with the public health facility being a priority.
The next phase of the development will be for Australian Unity to work with the Queensland Government over the next few months to document and finalise the contracts and the masterplan.
Original article published at www.theurbandeveloper.com by Staff Writer 15/8/16