Premier backs plan to transform waterfront with towers and hundreds of venues
Two former Olympians have bought the Parmalat factory site in South Brisbane and plan to redevelop the area.
A pair of former Olympic athletes have acquired the former Parmalat industrial site located in South Brisbane. The new owners have unveiled an ambitious proposal to completely overhaul the property, shifting it away from its manufacturing roots. Their redevelopment vision includes the construction of several high-rise towers and the integration of hundreds of distinct commercial and public venues. The state premier has officially expressed support for the project, viewing it as a significant opportunity to revitalize the local waterfront. This transformation aims to turn the underutilized industrial land into a bustling urban hub.
This project represents a major shift in urban land use that could redefine the economic and social landscape of South Brisbane's waterfront.
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