Here is an article that supports Silverhall's research for the South West region of Brisbane.
Our clients who have purchased at Redbank Plains will directly benefit from this infrastructure. To find out more about Redbank Plains you can speak to one of our consultants on 1300 667 724.
Published on the 8th of February 2017
Ripley Town Centre Construction Underway
The $1.5 billion Ripley Town Centre that will service the rapidly growing Ripley Valley region in
the Western Corridor of Ipswich is set to become a reality with construction under way on the
highly anticipated project.
The milestone development will create an exciting new regional hub that will service up to
120,000 people expected to call the Ripley Valley home over the next 20 years.
The first stage of Ripley Town Centre has a project value of $40 million and will create 100
construction jobs and 100 ongoing jobs on completion in March 2018.
It will comprise a marketplace-style centre totalling 9,400 sqm, anchored by a 3,800sqm Coles
supermarket and supported by 20 specialty stores, a medical centre and commercial office
space. Tenants have already committed almost 80 per cent of available space in this stage.
The scale of this project is comparable to Springfield and Northlakes, both of which have been
pivotal in improving capital values and building strong communities with their own unique identity.
Ripley Town Centre is a staged project that will be developed in line with population growth,
supported by a transport hub that can accommodate bus and rail services. Provision has been
made for a rail corridor connecting to the Springfield and Ipswich line.
Ripley Town Centre alone is expected to create 20,000 new jobs for Ripley Valley when fully
completed. It will also bring 257,000sqm of gross commercial, office and retail floor space to the
market and create 2,000 new dwellings.
The broader Ecco Ripley project, which will ultimately comprise 4,000 homes housing about
10,000 people, is expected to be a key player in accommodating forecasts of a near doubling of
the City of Ipswich population to around 327,000 by 2041.
Article sourced on www.eccoripley.com.au/construction‐underway/