The BaT project set to keep Brisbane moving

Faster, more frequent and much more reliable transport… more inner city stations and interchange choices… less crowds and reduced congestion… what’s not to love about Brisbane’s proposed BaT project? (And no we’re not talking about the nocturnal mammals that hang upside down!)

 

The BaT project is a world first design – a proposed new five kilometre north-south tunnel that is set to deliver rail and bus together. It combines a railway and busway in a single, double-decked, 15-metre-wide tunnel beneath the Brisbane River and Brisbane’s central business district (CBD).

 

Running from Dutton Park in the south to Victoria Park at Spring Hill in the north, the new BaT project will also see the introduction of three new underground stations at Woolloongabba, George Street and Roma Street, plus an upgrade of the existing Dutton Park Station.

 

Located at 63 George Street, the George Street Station will have two entry points; the main one being off Mary Street and another one via George Street. The George Street Station is the perfect location for customers and workers of the government precinct, Queen’s Wharf Brisbane and students of the QUT Gardens Point Campus.

 

The five-year project is expected to have a 100-year lifespan, during which time it plans to tackle many of Brisbane’s major public transport capacity challenges head on. Extensive studies show that the BaT project is essential for the region, further indicating that the long-term benefits to the region and city will significantly outweigh any short-term construction impacts.

 

During construction, the practical measures outlined to help minimise temporary disruption include:

  • restricting the hours of noisy work where possible
  • erecting acoustic enclosures or noise screens to manage potential noise, dust and lighting
  • ongoing monitoring to ensure achievement of environmental outcomes
  • designating heavy vehicle routes to ensure trucks are kept off local streets
  • early and ongoing consultation with people living and working near worksites
  • 24-hour free-call hotline to efficiently resolve complaints during construction. 

What does BaT mean for Brisbane real estate? Did you know that inner Brisbane’s residential population is set to double by 2031? This is huge! With such a strong growth forecast for the region, sufficient public transport is a massive necessity in order to support the expected development of inner-city employment, retail and residential activity.

 

More importantly for Brisbane, the BaT project is set to be a catalyst for regeneration and growth. It is expected to support a massive increase in local jobs and housing redevelopment opportunities. In fact, the project alone is anticipated to create multiple redevelopment opportunities throughout inner-Brisbane.

 

More housing and jobs… more real estate and investment… more opportunities and more to gain… with so many potential new housing opportunities, the BaT project is a really exciting endeavour for the future of real estate in Brisbane. While obviously the project is no relation to the night-loving nocturnal mammals, it does have one thing in common with them, and that is the opportunity for inner-Brisbane to really spread its wings and soar.

 

Interested in staying up-to-date with real estate opportunities as they arise via the BaT project? Want to know how the project could possibly affect your property? We’d love to have a chat! For more information, please contact Hannah on 0419 782 133.