Bowen Hills UDA

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 Client:

 Urban Land Development Authority (ULDA)

 Value:

 $400 million

 Services:

 Development Management, Feasibility and Retail Advisory

 
Bowen Hills was declared an Urban Development Area (UDA) under the control of the Urban Land Development Authority (ULDA) in March, 2008. The site is less than 2km from the Brisbane CBD and covers over 100ha, making it a highly desirable TOD location. Ownership of land is very diverse and almost all sites have been developed in one form or another over the last 150 years. The ‘core’ of the UDA is seen as a potential 2nd CBD for Brisbane and DMA Partners were engaged by the ULDA to assess the re-development options for a major existing land owner and how these could be put into a commercial deal framework for the land owner while delivering the long term re-development aspirations held by the Authority for the ‘core’ of the UDA. As part of undertaking the work DMA and consultants developed a reworked vision for the sub-regional scale retail development strata proposed for the area, delivering a higher value and more easily staged transition from old to new.

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