Brisbane City Council is enjoying overwhelming support for a new Suburban Renewal Precincts strategy despite not being able to identify which areas would be targeted.
Brisbane City Council's new policy to build high-density housing in underused commercial sites has been described as "exciting"REIQ boss Antonia Mercorella says commercial and industrial areas shouldn't be completely ignored
He also announced a new urban renewal program to transform vacant and disused commercial or industrial areas into high density residential hotspots which could house thousands amid the city's increasingly constrained housing market. "It's about ensuring that our existing low density areas stay low density but we're adding a further residential footprint into the city of Brisbane."
"Logan Rd at Woolloongabba and Buranda used to have car yards, there are now residential buildings going up.Policy could ensure choice