Redcliffe Peninsula Rail Line Investment Attraction Study
Following the development of the much-anticipated Redcliffe Peninsula rail line, Moreton Bay Regional Council called on RPS to develop an investment attraction study for key precincts connected by this strategic transport corridor.
Challenge
As one of the fastest growing areas in Queensland, Council is hoping to attract strategic commercial investment in areas surrounding six new railway stations along the Redcliffe Peninsula transport corridor. The aim is to maximise the communityโs utilisation of public transport, while creating employment and commercial innovation opportunities in close proximity to strategic activity nodes.
Moreton Bay Regional Council
Solution
Our team profiled each of the station precincts, quantifying the development potential for six land uses over 10- and 20-year time horizons. Using this information, key development sites were identified and potential economic opportunities and benefits quantified.
Armed with a reliable profile for each of the station catchment areas, RPS provided advice to Council on development incentives that could help attract investors and facilitate development along the corridor. The teamโs work has informed the preparation of a corridor fly-through model which is assisting Council to engage with State Government agencies, land owners and potential investors in rail corridor precincts.
Awards
Moreton Bay Regional Council
Economic Development Australia Award
Economic Development Strategic Thinking 2017
