Fortitude Valley’s historic TC Beirne and Burlington (TCB) Buildings are to be refurbished and reinvigorated into a new urban retail precinct by The Buchan Group as part of the Queensland Government’s ‘Start Up Precinct’ initiative.
Premier Annastacia Palaszczuk said the Government was backing the project with a $4 million Advance Queensland investment to ensure shared spaces are provided for Queensland’s entrepreneurs to grow and flourish.
“The precinct will be home to some of our best and brightest startup talent – a space where they will gather, incubate their ideas and learn from each other,” the Premier said.
Constructed in 1902, the TC Beirne Building was designed as a department store by Brisbane architect Robin Dods. During the 1950s, the TC Beirne building and the nearby McWhirters, established Fortitude Valley as the largest shopping precinct outside of a central business district in Australia.
The Startup Precinct will bring together Queensland startups, incubators, investors and mentors under the one roof to help foster collaboration and build a thriving entrepreneurial culture. The Precinct will be located inside the TC Beirne Building.
As part of the urban renewal project, the ground floor of the TC Beirne and Burlington Buildings will be transformed into The Arcade and The Beirne Laneway, which together will form a new retail centrepiece in Fortitude Valley. The project comes as the upper levels of the TC Beirne and Burlington Buildings are set to be converted into a new commercial start-up precinct at the same time.
According to the Queensland Government, the precinct will provide:
- office space for emerging entrepreneurs and startups
- startup accelerator and incubator programs with River City Labs as a key tenant
- connections with CSIRO’s Data61 as a foundation partner
- investor and venture capital presence
- international ‘soft landing’ space
- space for startups to engage with customers and investors
- space for co-working and events.
Source: The Urban DeveloperArray (  => Director Profile – Katherine Patel (VCC Treasurer)  => Director Profile – Katherine Patel (VCC Treasurer) ) Array (  => New Brisbane CBD Neighbourhood Plan: 50 New Towers In 20 Years  => New Brisbane CBD Neighbourhood Plan: 50 New Towers In 20 Years )