- The Palaszczuk Government will invest $25 million to fast-track more SEQ housing development
- The infrastructure will help to unlock a total of around 3700 new housing lots
- The funding will go toward road and sewerage infrastructure in Moreton Bay and Redlands.
The Palaszczuk Government is investing $25 million from the Growth Acceleration Fund (GAF) to accelerate housing development across South East Queensland.
Three infrastructure projects in Joyner and Elimbah East in Moreton Bay as well as Southern Redland Bay will help to unlock a total of around 3700 new housing lots.
The Moreton Bay suburb of Joyner will benefit from a $6.74 million investment in essential new sewerage infrastructure
The project includes a pump station and rising mains linked by approximately 1.7 kilometres of pipework in the Oxford Road area.
The infrastructure will enable approximately 1800 lots to be opened up for development in Joyner, including 340 initially
KDL Property Group will deliver the works which are expected to create 80 construction jobs and 12 ongoing operational jobs.
$10 million from the GAF will support an upgrade for the intersection of Pumicestone and Clinker Roads in Elimbah East, also in Moreton Bay.
The works will include significant widening and capacity upgrades, traffic signals and turning lanes, median strips, lighting and a pedestrian path and cycle lane.
They will accelerate the development of approximately 1160 lots in nearby housing estates as well as open-up many years of future industrial land supply for Moreton Bay.
The project is also the essential first phase of a planned future upgrade to the nearby M1 interchange.
Goldfields Group will deliver the works which are expected to create eight additional construction jobs over approximately the next year.
In Southern Redland Bay, $6.53 million will support major works at the intersection of Kidd Street and Serpentine Creek Road, upgrading it to a four-lane intersection with turning lanes and traffic signals.
The project is expected to accelerate the development of approximately 740 lots in nearby housing estates.
Villawood Properties will deliver the works which are expected to create 150 construction jobs over two years.
The GAF is the Palaszczuk Government’s $50 million fund aimed at unlocking new housing.
Another $15 million from GAF has already been allocated, in 2022, for infrastructure needed for the future city of Caboolture West.
Quotes attributable to Deputy Premier Steven Miles:
“The Palaszczuk Government is working with councils, utility providers and private-sector developers to make sure we keep unlocking land for new homes for Queenslanders.
“The GAF supports new development, benefitting existing land-owners, future residents and the local community by fast-tracking new infrastructure for more housing.
“In Joyner, our $6.74 million in funding support will ensure more land can be connected to essential sewerage infrastructure and developed into residential housing.
“Works are expected to begin in early 2024 and be completed in about 12 months.
“The GAF is a $50 million fund which has already provided $15 million in funding support for infrastructure needed to develop new communities in Caboolture West.
“GAF provides low-interest loans to successful applicants so they can co-fund the construction of infrastructure such as roads, water, wastewater and stormwater services and sewer plants.
“The GAF funding will support projects across the South East and help to unlock a total of around 3700 new housing lots in Joyner and Elimbah East in Moreton Bay as well as Southern Redland Bay.”
