Property

Bidding war for city heart: Four fight for $150m project

GRAND PLAN: An artist’s impression of the next stage of the Ipswich City Square shopping complex.
GRAND PLAN: An artist’s impression of the next stage of the Ipswich City Square shopping complex. Contributed

THE revival of the heart of the Ipswich CBD is full steam ahead with four expressions of interest received to construct a $150 million retail hub.

The next phase of the redevelopment of the Ipswich City Square shopping complex will see almost 30,000 square metres of new retail, entertainment and dining outlets that Ipswich Mayor Paul Pisasale says will "give customers sweeping views over River Heart Parklands and open the mall to face the Bremer River".

The retail project will see the Woolworths supermarket relocated and replaced with an indoor and outdoor entertainment terrace overlooking River Heart Parklands, and a new direct link to the Bradfield pedestrian bridge.

MAKING HEADLINES TODAY ...

Ipswich pets love our beds

Tomahawk robber turned himself in after guilt got to him

Man who never existed defrauded tax office of $300,000

Ipswich City Properties chairman Paul Tully said the development would include a two-level complex with cinemas relocated from Brisbane Street, a discount department store and relocated supermarket and specialty stores to be potentially constructed over the historic rail line to North Ipswich extending to Ellenborough Street.

"Once contracts are secured, the estimated timeframe for construction is 18 months," Cr Tully said.

He said having four key expressions of interest was good for the city and a vote of confidence in the city by external parties.

"We are confident that we will be able to do a deal with one of those four," he said.

"It is good for Ipswich, good for the western corridor and good for the people of Ipswich."

Cr Tully said the development would "make the mall and the city a very vibrant area".

"What we want to do is bring people back to the CBD," he said.

Ipswich City Properties Pty Ltd was incorporated with Queensland Government approvals with the express intention of bringing the vision for the revitalisation of the Ipswich city heart under the Ipswich Regional Centre Strategy into reality.

A $1 billion program to transform and revitalise Ipswich city centre was then announced in 2009.

"The most important thing about a city like Ipswich is to have a centre that is the heart," Cr Pisasale said

"I remember 10 years ago, no one was interested in the development of Ipswich or investing in our city, so the only way we could get people interested was to take an active role ourselves.

"That is why we set up Ipswich City Properties. It was one of the smartest things we have ever done.

"We have changed the image of the city right around and now people see Ipswich as a great regional centre."

ICP bought the Ipswich CBD for $45 million and Cr Tully said that "slowly but surely we are redeveloping it".

"The Icon Tower was the first development and that was sold for $93 million to a superannuation fund," he said. "Over the next 15 years, we will see the entire CBD rebuilt."

 

MAKING HEADLINES TODAY ...

350 to 'Battle in the Switch' for Commandos

10 things to do in Ipswich on the weekend

 

Pick out the stores you'd like to see

WE ASKED QT readers: What shops would you like to see in the revamped Ipswich Mall?

These were some of the responses:

Cara Casey - "No more junk food shops!!! How about something healthy. Raw Energy are expanding now! This would be lovely."

Kylie Ballard - "How about an Apple store as a lot of people have Apple iPads and iPhones, and the nearest store is at Chermside, which is way too far to get anything under warranty and insurance."

Naomi Steinhardt - "A Max Brenner or Starbucks would be awesome!!"

Kristeen Paul Delbridge - "I think Ipswich is in need of some new restaurants. Something like Montezuma's Mexican. And (I'd) have to say Ikea would also be great. Some big-name stores would bring more people in to the mall."

Davina Johnson - "Dusk and a Lush shop would be great."

Joseph Theaker - "Tackle World, or Anaconda camping outdoors shop."

Natalieghia Springall - "A family gym. Like a kids fit gym were you can take your kids and have fun and get fit at the same time."

Sylvia Hayden Imhof - "Mexican and Turkish restaurants. A cafe that's open late nights and weekends (none of this closing early stuff). Love the skydeck eatery idea that was suggested earlier."

Paula Wright - "A Paleo restaurant."

Kylie Ballard - "An Oporto would be nice."

Jonathan Betten - "I know what I don't want... methadone clinics and probation and parole nearby. But on topic, Ipswich needs restaurants and not just cafes or coffee shops that sell meals on the side.

Max Brenner, Carolina Kitchen, Mexican (Pepe's maybe?), Italian...."

Topics:  ipswich cbd, ipswich mall




Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Anthropologist to help police at Sharron Phillips dig

Police continue the search for the remains of Sharron Phillips at Carole Park this morning.

Police continue the search for the remains at Carole Park

Work starts on $85m makeover for former school site

COMMUNITY HUB: An impression of what the residential and shopping complex at Silkstone will look like.

CONSTRUCTION has started on an $85 million development at Silkstone.

Bikeway bridge gets pedal power over the line

Workers lower a section of bridge into place on the Brassall Bikeway.

Council wants you to swap four wheels for two

Latest deals and offers

Beyonce is better than Beethoven according to your dog

Sony research shows that dogs prefer Top 40 over classical.

Research commissioned by Sony shows that dogs like Top 40 more than classical.

Police continue dig at Carole Park site

Police search for remains of Sharron Phillips in Cobalt St, Carole Park. Sharron Phillips went missing in 1986.

Police continue the search for the remains of Sharron Phillips at Carole Park this...

Kevin Walters has done his homework on Moylan

GOLD COAST, AUSTRALIA - MAY 29:  Coach Kevin Walters during a Queensland Maroons State of Origin training session on May 29, 2016 in Gold Coast, Australia.  (Photo by Bradley Kanaris/Getty Images)

Qld Couch Kevin Walters is aware of NSW fullback.

The reason families are moving to Ipswich

WORKS PROGRESS: Construction of the District Park, which will include a Splash’n’Play Water Park and adventure playground, is well under way.

Better roads and more jobs making Ipswich attractive prospect

Own Sunshine Coast property? You’re about to make money

UP AND UP: Property owners are likely to win from rent and price increases but tenants and first home buyers might not be so happy. Photo: Brett Wortman / Sunshine Coast Daily

Good new for property owners, not so good for buyers and tenants.