Partner sought to develop a university suburb in Rockhampton

Posted December 21, 2015

CQUniversity - generic

Expressions of interest (EOI) have opened for a partner to help contribute to a $140m property development on the grounds of Central Queensalnd University (CQU) in Rockhampton.

CQU Rockhampton was declared a Priority Development Area in 2011 and since that time Economic Development Queensland has been working closely with the university and Rockhampton Regional Council on potential development opportunities.

The plans were to develop a ‘vibrant urban village’, said  Deputy Premier and Minister for Infrastructure, Local Government and Planning Jackie Trad.

“The project will transform 80 hectares of the university campus into a mix of residential, retail, community and recreational areas and generate up to 470 jobs,” Ms Trad said.

“With more than 2,000 dwellings expected to be delivered as part of the venture … this area will become part of the Rockhampton landscape.

“This next phase of the project follows the announcement of $7.65 million in funding from the Priority Development Infrastructure Co-investment Program for the provision of an intersection at the Bruce Highway and the new Main Street within stage 1 of the proposed new development.

“This development will activate a large parcel of development-ready land in Rockhampton ripe for growth, with social benefits for the community and retail precincts.”

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