Crane your head to the sky and spot progress
THE number of cranes on Brisbane’s skyline is starting to go up again, led by major projects such as Queen’s Wharf.
And in the state’s north, a $1.6 billion expansion of Townsville Port took a leap forward yesterday with approval of the Environmental Impact Statement.
The latest Rider Levett Bucknall Crane Index shows an increase of four, to 85, in Brisbane in the six months to June. The figure is still 10 below the previous 12 months, and 19 down on two years ago.
The number of cranes working on residential projects has dropped from 72 to 61, but the report found there had been strong additions to the hotel and mixed-use sectors.
New projects include Queen’s Wharf and the upgrade of Kingsford Smith Drive.
South Brisbane, West End and Woolloongabba remain hotspots, joined by Buranda, where three cranes are working on almost 1600 student rooms.
While Brisbane has turned the corner, the gap between it and the southern capitals continues to grow. Sydney has 350 cranes – more than half the national total – and Melbourne has hit a peak with 151.
The report found the Gold Coast was still showing signs of growth in 2017, up one to 31.