Earthmoving News

Townsville rail yards marked for development

 

Townsville’s North Rail Yards, a depot for Queensland Rail over a century ago, has been identified for a large-scale commercial and residential redevelopment.


Townsville’s population is set to grow by about 65,000 people over the next 22 years – meaning new and innovative development options must be investigated.

$35 million from the 2024 State Budget has been invested to make the existing railyards precinct ready for development.

This will include remediation works and stabilisation of heritage infrastructure.

It’s expected that future development of the precinct could deliver about 319 apartments in a location that is central to shops, employment, schools and the entertainment precinct.

The heritage site will play a fundamental role in supporting sustainable growth of the region, with the development of the North Rail Yard Precinct significantly contributing to delivering housing for the city’s growing population.

It’s expected a redeveloped precinct will also incorporate commercial and public spaces – improving the viability of the CBD precinct.

“Townsville has been in desperate need of investment in its CBD precinct, and it’s my government that’s delivering,” Miles said.

“This $35 million investment will be the start of what I hope is the ongoing development of Townsville’s railyards precinct and the broader CBD area.”

Member for Townsville Scott Stewart said the city needed a vision for the future where people would be able “to live and play”.

“That’s why we built Queensland Country Bank Stadium, the showpiece of the city, to help activate the CBD,” he said.

“As Townsville positions itself to take advantage of the next boom in mining through the critical minerals sector, people will need places to work, live and play and this is what this project will deliver.”

The project is set to rejuvenate the heritage buildings in North Rail Yards and pave the way for large-scale redevelopment of up to 319 apartments, which could include affordable housing.

 

 

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