Silverstone Developments have signed on to purchase more than half of the Yeppoon Station Quarter heritage rail station site in Livingstone, Queensland.
The company with redevelop the 2.4-hectare site to deliver a mixed urban use precinct.
Member for Keppel Brittany Lauga said Silverstone’s proposal would create a high-quality mixed-use retail and commercial space for the community.
“This 1.5-hectare redevelopment will support local jobs and boost Yeppoon’s future prosperity,” Ms. Lauga said.
“The redevelopment of Station Quarter will complement the quality built environment created by other recent investments in Yeppoon’s CBD, and will further enhance Yeppoon status as a great place to live, work and raise a family.”
“The state government is investing almost a million dollars to provide maintenance works to the former railway station building and to extend the Pineapple Coast Rail Trail to the foreshore via a shared path,” she said.
Livingstone Shire Council Mayor Bill Ludwig congratulated Silverstone Developments on their successful tender.
“The redevelopment of the former rail station precinct aligns with this community and council’s vision for the region identified in the Livingstone Community Plan: Towards 2050,” Mr. Ludwig said.
“Renewing this site will unlock its full potential. Development will strike a balance between maintaining and protecting our history while stimulating local employment and attracting private sector investment into the region.”
Silverstone Developments Development Manager Wade Fraser said the company is incredibly proud to be embarking on this project and sees it as an opportunity to realise the potential of the site that has been underutilised for many years.
“We believe in Yeppoon as a growing regional location. Above average population growth, economic improvements year-on-year, and an involved community indicate its current and future status as a flagship Queensland coastal location worthy of public and private investment,” Mr. Fraser said.