Recent Ipswich CBD revitalisation - backdrop and reflections

Huston, Simon, Darchen, Sebastien and May, Kylie (2013). Recent Ipswich CBD revitalisation - backdrop and reflections. In: Proceedings from the PRRES Conference - 2013. 19th Annual Pacific Rim Real Estate Society Conference, Melbourne, Australia, (1-14). 13-16 January 2013.

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Author Huston, Simon
Darchen, Sebastien
May, Kylie
Title of paper Recent Ipswich CBD revitalisation - backdrop and reflections
Conference name 19th Annual Pacific Rim Real Estate Society Conference
Conference location Melbourne, Australia
Conference dates 13-16 January 2013
Proceedings title Proceedings from the PRRES Conference - 2013
Place of Publication Melbourne, Australia
Publisher Pacific Rim Real Estate Society (PRRES)
Publication Year 2013
Sub-type Fully published paper
Open Access Status
Start page 1
End page 14
Total pages 14
Collection year 2014
Language eng
Abstract/Summary In this paper we investigate the first stages of one of the largest regional regeneration projects in Australia. Although small by Asian standards, the Icon Project is an office and retail project, leased to the state government which is slated to catalyse revitalisation of Ipswich’s CBD. Ipswich Queensland is rapidly-growing city about 40 kilometres from Brisbane on the Bremer River. Once, due to its navigable access and surface coal, it was a candidate for Queensland’s state capital. But, as traditional industries folded in the 1970s, Ipswich declined economically and socially. The burning of Reids Department Store in 1985, the ill-considered Kern development, suburban retail leakage and a recession accelerated CBD decline. Recently, despite the GFC and floods, the rapid expansion of hydrocarbon prospecting in its western hinterland has lifted confidence in Ipswich’s future. Here, we sketch the backdrop to Ipswich’s growth and reflect on conflicts in planning between short-term economic goals and broader sustainable development.
Keyword Sustainable urban regeneration
Smart strategy
Financial viability
Community engagement
Q-Index Code E1
Q-Index Status Confirmed Code
Institutional Status UQ

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Created: Mon, 04 Feb 2013, 14:35:45 EST by Simon Hugh Cuthbert Huston on behalf of UQ Business School