State Government commits to business case for 17,000-seat world class arena for Brisbane CBD

The Palaszczuk Government has announced a $5 million commitment to develop a business case for ‘Brisbane Live’, a 17,000-seat state-of-the-art entertainment arena which would be built as part of the Cross River Rail project, reports brisbanedevelopment.com.au.

 

Deputy Premier and Treasurer Jackie Trad said the arena would be comparable to the LA Live complex located in the USA and would create decades of employment and economic opportunities for the city, and the state.

 

“But it’s also a transformative project for SEQ and the whole of Queensland, drawing in tourist dollars, and ensuring our great state does not miss out on world class events.

 

The venue “would become Queensland’s premier entertainment venue hosting international live entertainment and world class sporting events,” Said Ms Trad.

 

As an indicator of potential future success, the Brisbane Entertainment Centre located at Boondall has welcomed over 20 million visitors since its opening in 1986.

 

Venue management company, AEG Ogden will be partnering with the Government on the development of the business case. Chief Executive, Harvey Lister announcing their company involvement will be free of charge.

 

“Brisbane Live will deliver much needed economic development and employment opportunities, virtually unprecedented urban renewal, and be a showpiece venue for the entire state,” said Mr Odgen.

 

The business case is expected to take around 6 months to assess the viability of the project and will be jointly prepared by the Building Queensland and the Cross River Rail Delivery Authority (the Delivery Authority). The Authority will contribute $5 million the business case.

 

For artist impression images, visit the original story located at  https://brisbanedevelopment.com/queensland-government-kicks-off-brisbane-live-business-case/