PAVING THE WAY FOR FUTURE OF WOOLLOONGABBA
Feb 2022 —
Belmonde Property Group Managing Director Todd Brown discusses the bright future for one of Brisbane’s booming suburbs.
Within the course of a decade, Brisbane’s Woolloongabba has undergone a dramatic transformation. With a multi-billion-dollar pipeline of upcoming key infrastructure projects underway, the evolving suburb has become known for much more than its iconic sporting grounds.
Developer Belmonde Property Group has a strategic holding in Woolloongabba at 79 Logan Road, a 9,361sqm site with existing approvals for four apartment buildings totalling 710 units and up to 3,000sqm of prime retail leasing opportunities.
Showcasing three street frontage access across the total site, 79 Logan Road offers wide appeal and diversity in a unique location just 2km from Brisbane’s CBD.
Belmonde Managing Director Todd Brown says 79 Logan Road is positioned in a prime location undergoing rapid gentrification and significant transformation.
“If you go back only a decade ago, Woolloongabba had plenty of untapped potential and was severely lacking development growth in comparison to other parts of the City,” says Mr Brown.
“But as you look around now, there is a swathe of new and exciting development including high-rises, five-star hotels and a significant boost to surrounding retail amenity.
“It was a logical step forward for Belmonde to get involved with the transformation of the suburb and we couldn’t be more thrilled to contribute to its profile as one of Brisbane’s fastest evolving areas.
“In light of recent conversation that Brisbane may play host to the 2032 Olympics, there are a number of critical infrastructure projects in the pipeline for Woolloongabba that would support it.
“This includes the $5.4 billion Cross River Rail, which is the Queensland Government’s highest priority infrastructure project, delivering key location services to Boggo Road, Woolloongabba, Albert Street, Roma Stree and Exhibition Showgrounds.”
79 Logan Road is only 250m from Woolloongabba station which connects directly to Brisbane CBD Casino Precinct.
BackAbout the Author: Todd Brown
Todd Brown is a founding Director of Belmonde Property Group, a visionary development company which has delivered some of Australia’s most recognised high quality large scale landmark developments. Formerly Managing Director of CBRE in South Australia after a 10-year career with the group, he has spent his working life in the property development industry.