{"id":38719,"date":"2026-06-26T00:20:50","date_gmt":"2026-06-26T00:20:50","guid":{"rendered":"https:\/\/www.europesays.com\/australia\/38719\/"},"modified":"2026-06-26T00:20:50","modified_gmt":"2026-06-26T00:20:50","slug":"lendlease-to-reshape-the-south-brisbane-riverfront-with-4000-homes-at-the-former-visy-site","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/australia\/38719\/","title":{"rendered":"Lendlease to Reshape the South Brisbane Riverfront With 4,000 Homes at the Former Visy Site"},"content":{"rendered":"

One of Brisbane\u2019s last large riverfront sites is about to be reborn. The Queensland Government has selected Lendlease as its preferred Master Development Partner to transform the former Visy glass factory on the South Brisbane riverfront into a major mixed use precinct, bringing more than 4,000 new homes and a stretch of public parkland to a 7.1 hectare site that has been closed to the public for generations. <\/p>\n

The site sits in a remarkable position, between South Bank and West End and just 1.3 kilometres from the Brisbane CBD, with a long frontage to the Brisbane River. Lendlease\u2019s precinct would weave that riverfront back into the city through new promenades and boardwalks, plazas, amphitheatre style spaces, parkland and shared walking and cycling routes, with about 1.2 hectares of new public open space. As one of Brisbane\u2019s last remaining industrial riverfront sites, it is the kind of once in a generation renewal opportunity that rarely comes up so close to the centre of a capital city.<\/p>\n

The transformation of the former Visy site represents a rare opportunity to reimagine one of Brisbane\u2019s most significant riverfront locations, deliver thousands of much needed homes, and create long term legacy.<\/p>\n

Claire Johnston, CEO Development, Lendlease<\/p>\n

\"Render<\/p>\n

\t\tA new riverfront promenade and ferry landing at dusk, with the city skyline across the water. Artist\u2019s impression supplied by Lendlease and the Queensland Government.<\/p>\n

The numbers are substantial. The precinct is expected to support more than 3,000 jobs across planning, construction and ongoing operations, and Lendlease has committed to delivering the key public spaces and a first stage of around 800 apartments ahead of the 2032 Olympic and Paralympic Games, with early works anticipated to begin in April 2027. The intent is a destination that feels alive from day one rather than a building site that locals must wait a decade to enjoy.<\/p>\n

Lendlease is no stranger to work of this scale. The developer has operated in Queensland for more than 70 years and is the team behind Sydney\u2019s Barangaroo, one of the most ambitious waterfront regeneration projects in the country. That track record matters on a site this prominent, where the difference between an ordinary apartment estate and a genuine piece of city comes down to execution.<\/p>\n

In partnership with the Queensland Government, we have the opportunity to create a new riverside destination that will help shape Brisbane\u2019s growth and how people experience the city for decades to come.<\/p>\n

Claire Johnston, CEO Development, Lendlease<\/p>\n

\"Render<\/p>\n

\t\tRiverfront parkland and public open space at the heart of the precinct. Artist\u2019s impression supplied by Lendlease and the Queensland Government.<\/p>\n

There is one notable silence in the announcement, and it is worth flagging for readers. The State bought the Visy glass factory from the company in 2022 for $165 million, originally intending to use it as a broadcast centre for the 2032 Games before that plan was scrapped in the new government\u2019s 100 day review. <\/p>\n

When the Lendlease deal was unveiled, the Deputy Premier and the developer would not say whether the public land had been sold or gifted, whether any of it would stay in public hands, or what Lendlease is paying, citing commercial in confidence. Pressed on whether those details should be made public, Mr Bleijie replied simply, \u201cDoes it matter?\u201d The ABC and others have rightly kept asking. <\/p>\n

This is exactly the type of large scale, city shaping development that will provide lasting benefits for Queensland, bringing together housing, jobs and world class public spaces.<\/p>\n

Claire Johnston, CEO Development, Lendlease<\/p>\n

\"Render<\/p>\n

\t\tLandscaped gardens and communal open space among the new riverfront homes. Artist\u2019s impression supplied by Lendlease and the Queensland Government.<\/p>\n

The Visy precinct is also not happening in isolation. A short walk upriver on the Kurilpa Peninsula, developer Stockwell has consolidated the former Parmalat milk factory site on Montague Road, the recently announced centrepiece of a roughly five hectare masterplan that is reported to include around twelve towers, a mix of owner occupier and build to rent housing, a 400 room hotel and a hospitality and entertainment quarter of close to 200 venues, also positioned for 2032. <\/p>\n

Between Lendlease at the old Visy site and Stockwell at the old Parmalat site, this single bend of the river is on track to gain many thousands of new homes within a few years of each other. For a city that desperately needs housing, that is genuinely good news.<\/p>\n

Project Rundown<\/p>\n

Development ParameterProposed DevelopmentProject NameFormer Visy site, South Brisbane riverfront precinct (\u201ca new South Bank\u201d)LocationFormer Visy glass factory, South Brisbane riverfront, between South Bank and West End, about 1.3 km from the Brisbane CBDSite AreaApproximately 7.1 hectares of riverfront landDevelopment TypeMixed use riverfront precinct (residential led, with extensive public open space)HomesMore than 4,000 dwellings of a diverse mix; first stage of about 800 apartmentsPublic RealmAbout 1.2 hectares of public open space; riverfront promenades and boardwalks, plazas, amphitheatre style spaces, parkland and shared walking and cycling routesJobsMore than 3,000 across planning, construction and operationsProject ValueNot disclosed (the Queensland Government has not released the sale, lease or partnership terms)Land HistoryBought by the State from Visy in 2022 for $165 million; once earmarked as a 2032 Games broadcast centre before that plan was scrappedSustainabilityUrban renewal of one of Brisbane\u2019s last industrial riverfront sites; about 1.2 hectares of new public open space; riverfront promenades and shared pedestrian and cycling routes that encourage active transport. Energy, water and green building targets are yet to be released.StatusLendlease selected as preferred Master Development Partner, announced 25 June 2026; early works anticipated April 2027; first homes and public spaces targeted before the 2032 GamesMaster Development PartnerLendleaseGovernment PartnerQueensland Government, through Economic Development Queensland (EDQ)TenderRun by EDQ; more than 80 expressions of interest received<\/p>\n","protected":false},"excerpt":{"rendered":"One of Brisbane\u2019s last large riverfront sites is about to be reborn. The Queensland Government has selected Lendlease…\n","protected":false},"author":2,"featured_media":38720,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[99,9843,13640,4900,25726,8287,3227,31855,3484,25503,31627,31346],"class_list":["post-38719","post","type-post","status-publish","format-standard","has-post-thumbnail","category-brisbane","tag-brisbane","tag-brisbane-2032","tag-economic-development-queensland","tag-jarrod-bleijie","tag-kurilpa","tag-lendlease","tag-queensland-government","tag-riverfront","tag-south-brisbane","tag-stockwell","tag-visy","tag-west-end"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/posts\/38719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/comments?post=38719"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/posts\/38719\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/media\/38720"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/media?parent=38719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/categories?post=38719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/tags?post=38719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}