Opportunity: Fortitude Valley

Eclectic and cosmopolitan, Fortitude Valley is experiencing strong growth in the residential and commercial sectors.

Central and accessible

  • One kilometre from Brisbane’s Central Business District (CBD)
  • Fortitude Valley Train Station provides easy access
  • Frequent bus services, including City Glider
  • Story Bridge provides access for cars and pedestrians to Kangaroo Point
  • Convenient to major arterial roads linking to North and South Brisbane
  • M3 Pacific Motorway is just minutes away

Local trends

  • Start-ups and creative industries
  • Innovative buildings, spaces and laneways
  • Vibrant nightlife and restaurant scene
  • Boutique retail
  • Café culture

Precincts

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  1. Brunswick Street Mall – entertainment and multicultural dining
  2. Chinatown Mall – exotic supermarkets, fashion and restaurants
  3. Emporium – boutique hotel, retail and dining with a European village feel
  4. James Street – light industrial turned leafy urban hub with local galleries, boutiques and design showrooms
  5. Arts precinct – Judith Wright Centre of Contemporary Arts and galleries
  6. Howard Smith Wharves – riverside landmark with gardens, hotel, exhibition centre and dining to open in 2018-19

Driving opportunity

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Population growth

Generating additional demand for goods and services

 

  • One of the fastest growing suburbs in Brisbane, with the population expected to grow by 3.9% each year
  • More than 64% of working-age population under the age of 35
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Development activity

Bringing more people to live and work in the area

 

  • One dwelling approved in the 12 months ending December 2019
  • $600 million FV Flatiron and Valley House project features 900 apartments, hotel and retail at Alfred Street
  • THE CALILE luxury resort in James Street
  • Proposed $400 million commercial development at 801 Ann Street
  • 900 Ann Street the $92 Million corporate Aurizon headquarters
  • Proposed $140 million Valley Metro redevelopment
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Infrastructure projects

New roads, transit, schools, hospitals and other major infrastructure projects create opportunities for business

  • Brisbane’s first vertical high school proposed by 2020
  • Proposed ‘Festival Hall’ music venue to hold 3500 people
  • $110 million Howard Smith Wharves Revitalisation Project provides a new riverside parkland and commercial development
  • Victoria Park will provide more greenspace with new places to relax and enjoy Brisbane’s beautiful climate 
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Talented people

Access to a skilled workforce

 

  • 37% with bachelor degree level of education (compared to 32% for Brisbane Local Government Area)

Who has taken the opportunity?

  • Joy Restaurant a 10-seat omakase-inspired restaurant opened in Bakery Lane, Fortitude Valley (2019) 
  • Arc Dining and Wine Bar opened in the Howard Smith Wharves waterfront dining precinct (2019)
  • Felons Brewing Co., Mr Percival’s and Greca Restaurant opened in the Howard Smith Wharves waterfront dining precinct (2018)
  • Arc Hardware Incubator opened in Brunswick Street to provide access to equipment for resource-intensive start-ups (2018)
  • Japanese inspired restaurant, Honto, opened in Alden Street (2018)
  • Blute’s Bar opened in Brunswick Street (2018)
  • Tesla opened its first Queensland electric vehicle showroom (2017)
  • The Precinct, a Queensland Government innovation and start-up hub, located between the Brunswick Street and Chinatown Malls (2017)

Planning frameworks

More information

Last updated: 6 October 2020

Brisbane City Council acknowledges the Traditional Custodians of the land and their unique relationship with their ancestral country. We pay respect to all Aboriginal and Torres Strait Islander Elders of Brisbane, and recognise their strength and wisdom.