Brisbane On The Cusp Of A Once-In-A-Generation Boom
Brisbane-based property developer and media entrepreneur Adam Di Marco has made a compelling case for the Brisbane’s future prospects. The Urban Developer insists that property investors “get in early” when it comes to the Brisbane market.
There is an unprecedented amount of infrastructure projects currently underway in Brisbane. Amongst these include Queen’s Wharf, Howard Smith Wharves and the Brisbane Airport duplication. Di Marco urged the industry to look beyond the traditional media headlines and think about the longer-term prospects for the region.
“Invest for your children and grandchildren” Adam told Sky News hosts, former Queensland Premiers Peter Beattie and Campbell Newman. “You need to look at the scale of infrastructure projects currently underway and think about how these will impact the city and your investment.”
“We have over two-thirds of the residential development sector reporting that they are either very optimistic or optimistic about the outlook for the sector. For retail and commercial, the numbers are fairly similar” he said.
“During construction alone, Echo’s Queen’s Wharf development will generate 2,000 jobs. After the project is completed in 2022, an additional 8,000 employees will be required to run the operation.”
According to Di Marco, these projects are unprecedented for the Queensland capital and will create a new wave of economic activity, tourism and investment.
“We’re on the cusp of something big.”
Source: https://www.theurbandeveloper.com/di-marco-says-ignore-press-brisbane-cusp-generation-boom-infrastructure-investment/