Retirement living has struck gold with plans unveiled to convert part of the athletes’ village for the 2032 Brisbane Olympic Games into retirement living, once the games are complete.
Queensland Deputy Premier Steven Miles said a site known as Northshore, located on existing industrial land at Hamilton in inner-city Brisbane, would be redeveloped into the main athletes’ village.
“Village construction will crystalise the area’s long-term plan and rejuvenate the existing industrial land,” he said.
“Northshore's prime waterfront location, proximity to the CBD and competition and training venues, let alone transport connections, make it an ideal location – even after the Games are over.
“Among the key requirements when hosting the Olympics is provision of athletes accommodation and I’m proud Northshore has been locked-in for the Brisbane Olympic and Paralympic Athletes’ Village.
“Hosting the 2032 Games will mean a 10-year pipeline of construction jobs, trade and investment opportunities, and legacy projects that will benefit Queenslanders for decades to come."
Mr Miles said that, after the games, the village will deliver a diverse residential offering, including aged care, retirement living, social and affordable housing, key worker, hotel, build-to-rent and market accommodation.
Northshore is also set to be the home of a proposed new biomedical facility for Vaxxas to manufacture its world-leading needle-free vaccines, which could be used for COVID-19.
Mr Miles said the development scheme for the Northshore Hamilton project development agreement (PDA) was in the final stages of review and would be released for public comment later this year.
“It’s important for the local community to have their say on such an important infrastructure area,” he said.
“Our goal is to have a revised development scheme next year.”