Construction jobs in Queensland
Approximately $30 million worth of state government-funded amenities will be delivered through the 14-hectare initiative, with a focus on parkland and open spaces.
According to Ms Trad, the development will benefit from close proximity to public transport networks, the CBD and the Queensland Tennis Centre.
Don O’Rourke, chairman of Consolidated Properties, welcomed the government’s support in delivering the multi-million-dollar project.
“As a Queensland-based business we are pleased to be working with the Government to revitalise the Yeerongpilly Green site and in turn, provide real job opportunities to Queenslanders,” he stated.
“Today demonstrates the Palaszczuk government’s commitment to the development and construction industry in Queensland.”
The news followed recent Australian Bureau of Statistics (ABS) data that showed nationwide residential construction activity jumped 13 per cent year on year in 2014. This was the strongest growth experienced in a decade.
State treasurer Curtis Pitt, commenting on the ABS’ labour figures for March earlier this month, said: “Investor commitments for construction of new dwellings in Queensland … remained at high levels.”
Master Builders of Australia Chief Executive Wilhelm Harnisch told the Australian Financial Review that the construction sector has experienced mixed fortunes but claimed unmet demand and historic low interest rates are driving activity in the housing segment.
By Leanne Macnamara, Public Affairs Coordinator