The Queensland Government has announced that the Brisbane Transit Centre, frequently cited as one of Brisbane’s ugliest building clusters, will be demolished to make way for the Cross River Rail’s new underground Roma Street Station and the $2 billion Brisbane Live entertainment complex.

Treasurer Jackie Trad verified that early works will commence in 2019 and demolition is intended for late 2020.

The Roma Street Station will be an integral connection between Brisbane’s CBD, Roma Street, Spring Hill’s colleges, Parklands, Caxton Street, the Petrie Barracks, Suncorp Stadium, and with the cultural precinct in South Bank.

The new Cross River Rail is a 10.2 kilometre link from Dutton Park to Bowen Hills.

Following completion, the new station is expected to be used by more than 230,000 commuters weekly.

Planning for the $2 billion Brisbane Live ultra-entertainment precinct is presently under way with the consultancy firm Deloitte.

With an 18,000 seat world-class stadium as its centre piece, the Roma Street precinct, will eventually become Queensland’s premier entertainment destination hosting important live concerts and world class sporting events directly in center of town.

A budget of over $700 million has been allocated to construct Brisbane’s Cross River Rail. The project’s cost will be $5.5 billion in total.

Brisbane’s rail’s usage is forecast to double by 2026, and triple by 2036.

Join the 20,000 Locals
Get local real estate stories, straight to your inbox.
Stay in the know!
Give it a try, you can unsubscribe anytime.