Olympics & Infrastructure

In July, the International Olympic Committee announced the Queensland capital will host the 2032 Olympic and Paralympic Summer Games. In the following 24 hours alone, Queensland received an estimated $170 million worth of free global publicity as people from around the world were inundated with images of the Sunshine State.

Almost half a century after Matilda winked coyly at the world during the 1982 Commonwealth Games, Brisbane will be shining brightly on the global stage once again. And Expo 88 has already demonstrated how tourism infrastructure can create legacies when the city has the attention of the entire world.

2032 Olympics is going to set Queensland up for a magnificent future, with several major infrastructure projects already started or in the pipeline. There’s already quite a large $14 billion infrastructure budget this financial year.

As it will be watched by millions during opening and closing ceremonies, the much-loved Gabba will finally get its urgently needed makeover. The redevelopment to expand the Gabba from a 42,000 seat venue to 50,000 seats will likely cost around $1 billion, and the Cross River Rail will take tourists to and from the iconic stadium.

The all-new Victoria Park is set to be transformed into temporary venues for two Olympic events. Two new Brisbane Metro stations will be constructed to deliver around 30,000 spectators to what will be Brisbane’s newest and largest park developed in 50 years, to watch events for cross country, equestrian and freestyle BMX.

And the already-announced $2.1 billion ‘Brisbane Live’ entertainment stadium on Roma St will be temporarily for swimming events, which is a very popular event for Aussie spectators.

So now that the starter’s pistol has been fired, Brisbane is off and racing to get this literal tidal wave of infrastructure ready for the world in 2032.

*Disclaimer: This article is for general information only and should not be relied on as advice. You should consider your personal situation and seek advice that is specific to your circumstances before making any decisions based on this information.  If there are any issues you would like us to discuss with us arising from this article, please contact us*

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