Cross River Rail Now Officially Guaranteed !
The delivery of Cross River Rail has been officially guaranteed after financial close was reached this morning between the state government and Pulse, the consortium selected as the preferred proponents in April.
Artist’s impression of a conceptual Woolloongabba Station
This means that the government will now begin making payments available to the consortium as part of the PPP (public private partnership) agreement.
Deputy Premier Jackie Trad said that the Roma Street Transit Centre will now commence demolition, which is expected to begin before the end of the year, with actual groundbreaking construction next year.
“This project will create 7700 jobs during construction, and we expect to see those jobs starting in the next couple of months.”
Artist’s impression of a conceptual Albert Street Station
Deputy Premier Jackie Trad today said this was a key milestone that locks in the companies that will deliver the biggest infrastructure project south-east Queensland has seen in decades.
“After the Newman LNP government scrapped this project and tore up the funding deal, we have got it back on track.”
Currently, the Go-Print site at Woolloongabba has been completely cleared and will soon become the staging area for the large tunnel boring machines and roadheaders.
“Our commitment to this project will see tunnelling construction kick off next year too”.
Ms Trad said the Cross River Rail project would transform public transport in the region and revitalise the precincts around the new stations at Exhibition, Albert Street, Roma Street and Woolloongabba.
“By 2036, the south-east corner alone will be home to nearly five million people which makes the need for turn up and go public transport essential,” she said.
“South East Queensland is one of Australia’s fastest growing regions, and we need to build infrastructure now that helps us keep pace with that growth.
Artist’s impression of a conceptual Albert Street Station
“Our public transport network is nearing capacity, constrained by a single rail river crossing with all lines running through the same four city centre stations.
“Cross River Rail will unlock this bottleneck creating new capacity for the whole region as it grows, ensuring high-capacity train stations where they are needed most.”
The Pulse Consortium is comprised of CIMIC Group companies, Pacific Partnerships, CPB Contractors, and UGL with international partners DIF, BAM, and Ghella Investments & Partnerships.
CIMIC Group Chief Executive Office Michael Wright said they would use an integrated approach to the PPP project, based on CIMIC’s end-to-end capabilities across a project’s life cycle.
“We will finance, design, construct and maintain the new tunnels and rail stations, in partnership with the State Government, to deliver world-class rail assets and services for South East Queensland,” Mr Wright said.
Major Contractor Appointed to Construct Cross River Rail – 03.04.2019
Government to Create Statutory Authority to Deliver Cross River Rail
The Queensland Government today announced plans to establish an authority to deliver Cross River Rail, which has been classified as the number one priority infrastructure project for Queensland.
The new rehashed version of the previous BaT tunnel proposal will be similar to the original 10.2 kilometre Cross River Rail proposal which was announced seven years ago.
Acting Premier Jackie Trad and Transport Minister Stirling Hinchliffe announced the Queensland Government was continuing to drive the delivery of Cross River Rail and build the much-needed inner-city rail link from Dutton Park to Bowen Hills.
At both a State and Federal level, Cross River Rail has been identified as a critical infrastructure project required to address capacity constraints in our rail network and avoid increased congestion and reduced productivity in the South East Queensland economy.
“Cross River Rail is not only a critical infrastructure project but also a once-in-a-generation opportunity to reshape Brisbane through this major city-making initiative,” Ms Trad said.
“With South East Queensland’s population set to grow to 4.9 million by 2036, Cross River Rail is the state’s number one infrastructure project to boost network capacity in the region and unlock economic opportunity and productivity for our state.
“Almost half the state’s total jobs growth will occur in Brisbane and without an effective transport system to accommodate growth, Infrastructure Australia estimate the cost of congestion in the region could total $9 billion each year.
“Once operational, Cross River Rail will provide the equivalent capacity of a 30-lane highway and will provide faster and more effective connections to jobs throughout the region.
“The Queensland Government has also agreed to establish a Cross River Rail Delivery Authority to take the politics out of delivering this critical infrastructure project.
“As our Government has said publicly many times, major infrastructure projects of this scale require cooperation, support and funding from all three levels of government.
“That’s why we have asked the Federal Government and Brisbane City Council to partner with us, along with private capital, to deliver this vital second rail river crossing that will ensure our city has the rail infrastructure it needs to accommodate future population growth.
“We want every level of government to have a seat at the table to drive collaboration, innovation and coordination so that along with delivering much needed transport infrastructure, we also reshape our city with places and spaces for our growing population to live, work and play.”
Mr Hinchliffe said the updated business case based on the new alignment would be completed in mid-2016.
“The new 10.2 kilometre alignment announced today, including 5.9 kilometres of tunnel, is built on planning from previous projects and will unlock network capacity to meet forecast passenger demand and accommodate future growth,” Mr Hinchliffe.
According to the Queensland Government, the alignment is proposed to be similar to the original proposal in 2010, with stations at Boggo Road, Woolloongabba, Albert Street, Roma Street and Exhibition at Brisbane Showgrounds.
“Over the next 20 years rail demand will increase threefold in South East Queensland and without major investment in the inner-city rail network by 2021, there will be no capacity to increase services during our busiest times and passengers will face overcrowding on platforms and trains.
“The Queensland Government has fast-tracked the business case for our number one priority infrastructure project and announced plans to establish a delivery authority to ensure the project is built.
“The Queensland Government is serious about investing in major public transport infrastructure that will ease congestion and drive economic productivity and growth and will establish an authority to ensure this project is no longer hostage to political point scoring.
“The plan we’ve announced today will also engage all levels of government, along with the private sector and local community to drive innovative planning.
“The Cross River Rail project is expected to provide 1,600 jobs each year during construction and, with an anticipated construction timeframe of five years, the project could generate more than 8,000 jobs for Queenslanders.”
The new delivery authority will lead the development, procurement and delivery of Cross River Rail and support wider economic and social outcomes for the transformational project.
The authority will seek federal, state and local government co-investment and private sector participation as funding, financing and delivery partners.
The Department of Infrastructure, Local Government and Planning and the Department of Transport and Main Roads are co-sponsoring investigations to finalise the preferred delivery model and specialist advisers from KPMG and Clayton Utz have been engaged.
A full range of options are being canvassed including using a dedicated government office, establishing a Statutory Authority or a Government Owned Company (enabled by Corporations Act). These options will be presented to government for consideration shortly.
The Cross River Rail project team will engage with the community later this year.