Queen’s Wharf to redraft construction plans
The consortium behind the upcoming Brisbane casino was forced to change its plans.
Australia.- Destination Brisbane Consortium, the consortium integrated by Star Entertainment, Far East Consortium and Hong Kong’s Chow Tai Fook Enterprises Ltd, was forced to redraft its plans for a bridge that will connect South Bank to Queen’s Wharf casino.
The US$76.6 million public bridge was supposed to led to an entrance of the gaming facility, but it was rejected and forced to change the plans to make it land where the majority of the retail outlets are located. The Nevile Bonner Bridge is part of the US$2.1 billion integrated resort. The casino will open its doors to the public on 2022 and it will have a 25 year exclusivity deal to operate the casino within 60 km of the Brisbane Business District.
The construction of the project is expected to start in 2017, and it will require US$685 million to be developed. The casino license is valid for the next 99 years and the company is planning to relocate its casinos and more than 1600 slot machines to the new facility.
