BCC – Urban Renewal Task Force
RCP investigated the viability of developing approximately 16.6 hectares of under-utilised land at Newstead on the Brisbane River and prepared a Commercial Assessment Report outlining development constraints, opportunities, costs and project feasibility.
A number of land use options were developed and a viability study was carried out with the Architect and Quantity Surveyor to establish the highest and best use for this land within the constraints of the local area Development Control Plan.
RCP also provided Project Management advice to the land owners for the remediation of this disused gas-works site.
RCP also provided Development Management advice to the owners during the Expressions of Interest process that selected the two proponents who will develop the site following remediation. We have also provided development management and joint venture agreement management services to the owners during the remediation and design development approval phases of the land sales contract.
The site was remediated under the terms of the land sale contract by 2008 and an innovative mixed-use development has now commenced by Mirvac and FKP.