Construction Sector Set to Deliver Almost $257 Billion Worth of Opportunity in 2022/23
According to the latest forecast by the Australian Construction Industry Forum (ACIF),…
14 January 2020
The next phase of the $500 million Fortitude Valley station redevelopment will seeÂ improved commuter access for the more than 25,000 people who pass through the centre each day.
Fortitude Valley station will receive a face lift targeting accessibility and lighting issues,Â often labelled as â€œdarkâ€ and â€œdifficult to accessâ€ it is one of only four stations that are serviced by all passenger train lines in Brisbaneâ€™s network.
The redevelopment, being overseen by global fund manager LaSalle Investment Management, will now â€œreinvigorateâ€ the previously under-activated area by revamping it into a mixed-use precinct.
Commuters will now see the entrances of the train station upgraded with a renovated Brunswick Street facade providing a double height canopy entrance, as part of the second phase of construction.
Both Valley Metro and the Fortitude Valley station are at the centre of Brisbane council’s massive urban renewal area.
Within Brisbane’s Fortitude Valley there are currently 642 apartments under construction across three projects, with a further 3,700 across 16 projects in planning or proposed.