Construction works have started on a major urban renewal precinct that is turning a disused site into a community of 281 homes within the southside Brisbane suburb of Yeronga.
Parkside Yeronga is a master planned community within the Yeronga Priority Development Area (PDA) rejuvenating the disused former TAFE College site.
The 3.1-hectare site is a mixed use precinct including a variety of residential options, commercial space, small-scale retail, a community center and public spaces.
There are expected to be a total of 281 homes delivered by the Parkside Yeronga Consortium known as Yeronga Heart which comprises JGL Properties, Brisbane Housing Company and Retire Australia.
The consortium will deliver a 169-apartment retirement living facility, 37 custom designed town homes, 75 social and affordable units and over 4000 square metres of open space areas.
To enable this mixed-use development, including the delivery of the Yeronga Community Centre, the Queensland Government is investing more than of $40 million in the preparation of the site.
Economic Development Queensland has contracted Bellwether Contractors to deliver the master plan civil works, infrastructure upgrades and the creation of serviced and development-ready lots.
Deputy Premier Steven Miles said: “Parkside Yeronga is another fantastic example of the Queensland Government activating under-utilised urban land in connected infill locations to deliver more homes for Queenslanders.
“Economic Development Queensland is leading a joint public and private sector consortium that is transforming disused, surplus state-owned land into a new community.”
Yeronga Heart Director Bill Bennett said: “Economic Development Queensland and Yeronga Heart are working together to deliver the new community envisaged in the Parkside Yeronga Master Plan.
“The consortium is investing $185 million in this project to build well-designed, innovative and affordable housing choices that suit a suburban site located only six kilometres from the CBD.
“Parkside Yeronga will address the area’s growing housing needs, with housing choices ranging from affordable units, terrace homes suitable for a family, to independent retirement apartments with onsite care.
“Future residents will benefit from established road and public transport access as well as new facilities within the precinct.”
