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South Bank Revitalisation

PLANNING FOR SOUTH BANK'S NEXT CHAPTER

KEEPING A QUEENSLAND ICON

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A new opportunity exists for the private sector to partner with South Bank Corporation to support the revitalisation of the precinct ahead of the 2032 Olympic and Paralympic Games, helping to renew key assets and strengthen South Bank’s role as one of Queensland’s most significant destinations for generations to come.

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South Bank is Brisbane’s favourite destination and one of Queensland’s most visited precincts, welcoming more than 16 million visitors every year.

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A diverse mix of retail, dining, commercial, residential, education, tourism and hospitality uses contribute to South Bank’s unique character and position as one of Brisbane’s premier cultural and events destinations.

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Spanning 42 hectares along the Brisbane River opposite the city centre, South Bank features extensive parklands, playgrounds, lagoon and water play areas, the Wheel of Brisbane and the iconic BRISBANE sign.

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invitation for prequalification

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An Invitation for Prequalification (IFP) has been released exploring opportunities for South Bank's revitalisation, including enhancing the public realm, renewing key water features, improving community connectivity and delivering integrated commercial development.

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This process builds on South Bank’s long history of evolving through partnerships with the private sector. A 4.8 hectare Opportunity Area has been identified to explore how future investment could help revitalise this much-loved precinct.

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South Bank invites interested parties to bring global best practice, innovative ideas and commercial opportunities that could help deliver a new lagoon, enhanced public spaces and improved visitor experiences. Building on South Bank’s ongoing evolution, commercial arrangements could continue to play a key role in supporting integrated development and the ongoing revitalisation of the precinct.

OPPORTUNITY AREA MAP

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PROJECT TIMELINE

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The IFP process will be undertaken over the coming months with any subsequent stages subject to government and South Bank Corporation consideration in early to mid 2027.

STAY INFORMED

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Sign up to receive project updates and the latest information as the South Bank Revitalisation process progresses.

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PROSPECTIVE PROPONENTS

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Register your email address below to receive a notification when the IFP is released on Vendor Panel.

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frequently asked questions

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Have a question that’s not answered below or want to contact the project team? Reach out to the team at info@futuresouthbank.com.au

About the project
Why is South Bank exploring future opportunities now?
What is an Invitation for Pre-Qualification (IFP)?
Why partner with the private sector?
What kinds of opportunities are being explored?
The process and Master Plan
Are you selling South Bank or privatising public land?
How does the IFP relate to the Future South Bank Master Plan?
Does being shown on the IFP Opportunity area map mean a site will be redeveloped?
What does it mean if a site is labelled “Master Plan site” on the IFP Opportunity area map?
Is the IFP only open to Queensland companies and/or developers?
What happens next?
Public spaces and community benefit
Will green space and public space be protected?
Will the community have a say?
How will the community benefit?
Main Lagoon and South Bank businesses
Will the Main Lagoon be redeveloped?
Will existing businesses or tenants be affected?