SE QLD - Developers, Government and Council Ink $1.2bn Infrastructure Deal

A $1.2 billion deal to secure the infrastructure needs of two priority development areas over the next 45 years has been made between Queensland government and Logan City council

The deal will ensure necessary funding towards local roads, water and sewerage facilities for the two development areas Yarrabilba and Greater Flagstone, both located roughly within a 55-kilometre distance from Brisbane CBD.

The nine developers include Lendlease, Villa World, Mirvac, Peet, Pioneer-Fortune, Celestino, Pacific International, New Beith and Gittins.

The two areas are slated to deliver a substantial portion of new housing in south-east Queensland over the next three-to-four decades.