Brisbane City Council made a formal offer to purchase a glass factory in the city center before turning the site into a broadcast hub for the 2032 Olympics.
- Large glass factory on the river in West End set to become the venue for the 2032 Olympics
- Brisbane City Council moves forward with site purchase
- The land will be transformed into a park after the Olympics
The Visy Glass property in West End has been identified in official Olympic Games grounds as the intended location of a 57,000 square meter international broadcast center for media around the world during the Games.
Earlier this year, Mayor Adrian Schrinner confirmed to the CBA that the council is in talks with Visy to purchase the seven-hectare site.
Cr Schrinner told ABC Radio Brisbane on Tuesday that the council had made a formal offer but did not specify a price.
“We are awaiting approval from the management and board of directors of Visy,” he said.
The council’s 2021-2022 budget provided for $ 250 million in potential debt to purchase the land needed for the 2032 Olympics.
Queensland Treasurer Cameron Dick said in June that any plans by the council to buy the Visy site would go on their own, without state support, and expressed fears of dislocating workers from the downtown factory.
But his reaction was rebuffed by other senior politicians in the state, including Deputy Prime Minister Steven Miles, who reiterated the broadcast center’s importance to the Olympics.
Cr Schrinner said any deal between the board and Visy would keep the plant in place for several years until the company can effectively move to a new location planned elsewhere in South East Queensland.
The West End land on Montague Road is slated to be transformed into an extension of South Bank Parklands, along the river, after the Olympics.
“It is possible to build a temporary facility and then turn it into a new south bank district for this part of the Brisbane River,” Cr Schrinner said in June.