Old Queenslanders in a New City
Looks like the Federal Government are getting around to dealing with one of the biggest issues in development, heritage restrictions.
More information about the problem here in Brisbane.
An old post of mine which was on Gene Tunny’s blog Queensland Economy Watch.
Recently, Brisbane’s Lord Mayor Graham Quirk said:
“A leading destination for business and investment, major events and international education, Brisbane is rapidly emerging as a diverse and energised global city with a $135 billion economy.”
Everyone in Brisbane has seen the Old Queenslanders in and around the city. However, you may not know these old buildings are protected by Council regulations. In October of 1995, Council introduced ‘Gray Tape’, a blanket layer of protection over suburbs where the majority of homes had been built before the end of World War II.
It is difficult to see how Brisbane can be a ‘global city’ when most of the population are forced to live in 100 year old wooden boxes. The argument is the old houses are historical and have ‘character’. Well horse and buggies are historical and have character but we are not forced to drive them to work every day. We have museums for these things.
When the rules were made to stop people knocking down the Old Queenslanders, Brisbane was still a small city. Now Brisbane is growing up and needs room for people to live in the city to be close to work. Maintaining the restrictions on development of land close to the CBD of Brisbane is pushing the price of each dwelling up to levels seen in New York and London. Land is limited by nature, but the number of dwellings on the land is limited by Council.
As an example the West End average house price for a renovated Old Queenslander is about $1 million. There are about 1,500 Old Queenslanders in West End at this time. If half of these houses were able to be developed into high-rise residential apartments, at one apartment building per 6 houses, that would provide 125 new apartment buildings. There would be around 50 apartments in each building allowing an extra 6,250 families or about 15,500 people to live close to the city. The other half could be turned into townhouses and new parks. This could be repeated all around our city, brining a cosmopolitan lifestyle to our little city.
New apartment buildings cost about $30 million to build. Allowing developers to build 125 new buildings would provide a large boost to the economy of about $3.7 billion. Then all the families moving in to the new homes would buy furniture and spend in shops, providing much needed economic activity for the city. This sort of development could happen in Paddington, Red Hill, Spring Hill, New Farm, Highgate Hill, Kangaroo Point and East Brisbane. That is $30 billion added to the Queensland economy with no Government funding required.
Fewer people to move from outer suburbs will reduce the pressure on public transport, roads and the environment. More people living in the city would give the Government more money to spend on big events, arts and other entertainment.
Restrictions on building residential high-rise buildings in Brisbane have caused increased costs and long travel times to work, and they have reduced our standard of living and the growth of the economy. The Council restrictions mean fewer people can live close to work and, therefore, we need to pay for more roads, trains, buses and tunnels. The increased travel times to and from work take parents away from their families, increase pollution and reduce our productivity. If we cannot go up, we must go out, and that causes urban sprawl that impacts heavily on the environment.
If Brisbane really wants to become a World City, then we must stop listening to the vocal privileged few who are living in little wooden houses in the middle of the CBD and start developing new stylish homes for our workers. Removing the Grey Tape would allow development of Brisbane where six Old Queenslanders could make way for a block of units which could house hundreds of families.
If we want to keep some of the Old Queenslanders, let’s put them in a historic village out of the operational city of Brisbane. The people who like the old things can go to the historic village and ride horses around on the weekends. We can show our children the funny little houses we lived in before Brisbane was a real city.