The next Brisbane precinct tipped for ‘inevitable growth and transformation’
Brisbane’s inner-city economy is increasingly diversifying beyond office and retail, with the arts, culture and education sectors key drivers of activity, according to the Brisbane Committee’s latest snapshot.
But the nonprofit advocacy organization, which counts dozens of large businesses and government agencies as members, expressed concern that transportation remains a weakness for downtown as 50-cent fares fail to relieve traffic congestion.
The Annual Inner City Vitality Report divides central Brisbane into seven zones: City of Brisbane, South Brisbane, Fortitude Valley, Spring Hill, Woolloongabba, Kangaroo Point and, for the first time, the “Olympic Quarter” around Victoria Park.
More than 1200 more units are coming to the housing market in South Brisbane, the report said.Credit: Tammy Law
Chief executive Jen Williams told this imprint ahead of the report’s release on Thursday that every area was becoming specialised, with growth in the arts and culture sector particularly strong in Fortitude Valley and South Brisbane.
Attendance at events at the Brisbane Convention and Exhibition Centre, Queensland Museum, Queensland Performing Arts Center and Queensland Art Gallery was “on track to exceed pre-COVID figures”, the report said.
“Across our major institutions, such as the Queensland Museum, we are seeing phenomenal growth in patronage and visitor numbers,” Williams added.
An artist’s rendering of the new Glasshouse theater at QPAC in South Brisbane.Credit: lending
“It will be exciting to see what patronage will look like when we open the new Glasshouse at QPAC and be able to showcase two major musicals in the city at the same time, along with all the other great festivals and shows.”
Since the announcement that Brisbane’s Olympic main stadium would be built at Victoria Park earlier this year, the committee has added the area around Herston, Kelvin Grove and the Showgrounds to its list of precincts, predicting it would see “inevitable growth and transformation”.
