Echo Entertainment, which currently runs Sydney’s ‘The Star’, Gold Coast’s ‘Jupiters’ and Brisbane’s ‘ Treasury Casino’ is part of the Destination Brisbane Consortium and has been announced as the winning bidder to develop the new Brisbane Casino.
The independent panel that made the decision on Monday afternoon, was impressed by the amount of public space Echo’s plans included, the greater number of restaurants and the four, five and six-star hotel options. The panel went through a number of criteria but one of the signature efforts was the large amount of dedicated public space that all families will be able to enjoy.
The multibillion-dollar development will stretch 10 blocks across the far end of the city, reaching from Queen Street to Alice Street and completely reshaping George Street to the river. The run-down area off William St around the heritage-listed Commissariat Building would be converted into a major public area with markets, a water playground, food stalls and outdoor amphitheatre as well as parkland built on the river
Echo will transform the current historic Lands Administration Building which houses its existing Brisbane Treasury Casino into a boutique department store and hotel.
CEO Matt Bekier said the consortium wanted to create Australia’s best integrated resort.
“It will be an asset for this state that will compete with anything around the world – a development of which the people of Brisbane will be immensely proud,” he said.
“This is an exciting announcement for us, and for Queensland, when you consider the infrastructure, job and public amenity opportunities that are part of the overall Queen’s Wharf plan.”
Echo Entertainment states the development will provide 8000 jobs and attract an additional 1.39 million visitors to Brisbane every year.
Plans for this exciting new development include
~ An underground shopping mall
~ Publicly accessible skydeck containing restaurants and bars
~ Five new hotels, with three to be rated six stars
~ River front moonlight cinemas
~ 50 food & drink outlets
~ Pedestrian cross-river bridge
~ Three residential towers
~12 football fields of public space.
Construction is due to begin in 2017 and is expected to take between six and 10 years.