Opportunity: City Reach | Brisbane City Council

City Reach is a premium riverfront, global business and lifestyle destination in Brisbane’s CBD. It is one of eight global precincts identified for their scalable industry activity, world class business environments and global reach. 

With a globally trading economy based on Brisbane’s industry growth sectors, City Reach offers sought after commercial office and mixed-use premises and river promenades.

Council is encouraging sustainable partnerships with stakeholders and investors to facilitate future growth to realise the vision for City Reach as one of Brisbane’s Global Precincts.

Central and accessible

  • Ferry terminals at Riverside and Eagle Street Pier
  • Frequent bus services, including free City Centre loop
  • Nearby Central Station is the principal rail hub for the Central Business District
  • Directly connected to Kangaroo Point by the Story Bridge
  • Quick access to major arterial roads linking to north and south Brisbane
  • Easy access to M3 Pacific Motorway
  • Convenient access to neighbouring Fortitude Valley

Local trends

  • ‘Golden Triangle’ financial precinct
  • Prestigious professional services hub
  • Flagship boutiques
  • World class dining precinct
  • Riverside views and walkways
  • Nightlife and entertainment options
  • Educational institutions
  • Bustling streets and activated laneways

Precincts

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  1. Eagle Street Pier – riverfront dining precinct
  2. Howard Smith Wharves – revitalisation project with new riverside parkland and commercial development to open in late 2018
  3. Waterfront Place – iconic 40-storey office tower in Brisbane’s premier riverside business district
  4. Riverside Centre – 42-level commercial tower, riverfront plaza and dining
  5. Customs House – heritage listed premier restaurant and function centre
  6. City Reach boardwalk – walkway and bicycle path running along the Brisbane River from the City Botanic Gardens to Howard Smith Wharves
  7. 111 Eagle Street and Riparian Plaza – riverfront commercial/residential towers at the core of the Golden Triangle financial district

Driving opportunity

Population growth

Generating additional demand for goods and services

  • Recent population growth more than 5% per year
     
     

Development activity

Bringing more people to live and work in the area

  • Brisbane’s second Art Series Hotel under construction as part of the Howard Smith Wharves redevelopment
  • 443 Queen Street to provide 264 residential apartments
  • Proposed $1.4 billion market-led proposal to transform Eagle Street Pier

Infrastructure projects

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

Talented people

Access to a skilled workforce

  • 55% of people employed in the area have a bachelor degree level of education

Strong employment

Increasing consumer spending and stimulating economic growth

  • Accounts for 6% of Brisbane total employment
  • The area includes half of the businesses registered in the Central Business District

 

Who has taken the opportunity?

  • Madders Brothers Patisserie opened a flagship store at 41 Edward Street (2018)
  • JLL property agency has relocated to the top two floors of Central Plaza at 345 Queen Street (2018)
  • Fat Angel American Sports Bar opened in Eagle Lane (2018)
  • Riverland chose an unused river facing terrace in Eagle Street to open a unique beer garden and street food outlet (2017)
  • NRA Collaborative architecture firm relocated to 111 Eagle (2017)
  • John Bridgeman Limited investment management company relocated from Spring Hill to the Riverside Centre (2016)
  • Littles Lawyers relocated to Riparian Plaza (2016)
  • DLA Piper law firm relocated to the new 34-level premium commercial office building, 480 Queen Street (2016)

Planning frameworks

More information

Other global precinct investment areas

View other great investment areas in global precints including Australia TradeCoast, Boggo Road-PA Hospital-University of Queensland, City Reach, City West, Kelvin Grove-Herston, South Brisbane-Kulrilpa, Upper Mt Gravatt-Eight Mile Plains and Valley Gateway.