Urban Renewal Project Breathes New Life Into Former TAFE Site

Urban Renewal Project Breathes New Life Into Former TAFE Site

An urban renewal project has breathed new life into a 3-hectare, former TAFE site in a forgotten corner of the Parkside Yeronga precinct, where a disused urban space will soon become a vibrant community hub with a diverse range of housing options and amenities.

Designed by the architectural firm, Archipelago, this transformative project embodies a fusion of functionality, aesthetics, and inclusivity. With 281 homes planned for construction, including 75 units dedicated to social and affordable housing, and a retirement living facility with 169 apartments, Parkside Yeronga is set to become a neighbourhood that caters to the needs of all its residents.

The meticulous planning by Archipelago encompasses not only residential spaces but also commercial tenancies, small-scale retail establishments, a community centre, and over 4,000 square meters of open space. The master plan thoughtfully considers the site’s context, harmonising with the existing surroundings and emphasising a sense of diversity done well.

Notably, the Queensland government has committed $40 million to this ambitious project, forging a public-private consortium led by Economic Development Queensland in collaboration with JGL Properties, Brisbane Housing Company, and Retire Australia. The infusion of around $185 million in the private sector investment underscores the confidence and enthusiasm surrounding Parkside Yeronga.

Deputy Premier Steven Miles applauds the activation of previously underutilised urban land, citing Parkside Yeronga as a prime example of leveraging such spaces to address the growing housing needs of Queenslanders. The project’s significance extends beyond housing supply, with a projected $180 million of private sector investment stimulating the economy.

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Meaghan Scanlon, Minister for Housing, underscored  the Queensland government’s commitment to providing social and affordable housing, and the partnership with the private sector at Parkside Yeronga exemplifies their dedication to meeting housing demands while fostering a sense of community.

As Bill Bennett, Director at Yeronga Heart, a public-private consortium, states, Parkside Yeronga fulfils the vision laid out in the master plan, offering a diverse range of housing options that cater to the area’s growing needs. The project not only provides homes but also ensures convenient access to transport, new facilities, and ample green spaces.

Published 14-June-2023