History in the making
After seven years of planning, construction on the world-class
$2.9 billion RNA Showgrounds Regeneration - the largest urban
renewal project in Queensland - began in April 2011.
Queensland Premier Anna Bligh officially launched the project in
Brisbane on March 28 which is projected to deliver more than 2,000
jobs and $300 million a year in economic benefits to
Queensland.
As part of the official launch, the Premier unveiled the design
of the first stage of the project - the transformation of the
iconic Industrial Pavilion - known to the public as the showbag
pavilion - into a $59 million convention and exhibition centre. The
new centre will retain its key heritage facades built in 1937.
"This is one of Brisbane's landmark historic precincts but after
more than 70 years it's desperately in need of a facelift," Ms
Bligh said.
"This transformation will revitalise the area reflecting the
modern, cosmopolitan Brisbane while at the same time protecting an
important part of our history.
"It also provides the inner city with a major economic boost
while creating thousands of jobs.
"This is a project that has been able to get off the ground
because the government has facilitated the RNA's $59 million
funding contribution to the redevelopment of the Industrial
Pavilion through a loan from Queensland Treasury Corporation when
private finance for projects of this scope is not readily
available."
RNA Chief Executive Jonathan Tunny said the regeneration of the
RNA Showgrounds - a famous landmark synonymous with Queensland's
social heritage and culture - represented an historic milestone for
Brisbane and was a once in a lifetime project.
"This is an important project for the state as it safeguards the
legacy of the 22 hectare site, the home of the beloved Royal
Queensland Show (Ekka), while also transforming the grounds into a
lifestyle and cultural hub for the community to access all year
round," he said.