A proposal to transform the former Yeronga Paint Factory into Australia’s first fully integrated arts village has been approved by Brisbane City Council.
The site at 115 Hyde Road was once home to the Taubmans paint manufacturing plant, which closed in 2015.
The proposal spans over 34,000 square metres and is set to be transformed into a village with the first stage incorporating food and drink outlets, art spaces, a theatre and an escape room.
The precinct could also feature markets, health services, a garden centre, a hardware store and hundreds of new homes.
Building heights will range from four stories near Hyde Road to eight stories in the centre of the precinct.
The site is approximately one kilometre from the Yeronga Train Station.
The first stage will have 64 formal carparks for visitors and staff, with up to 200 informal spaces available for events.
Brisbane’s Sustainable Growth Strategy identified housing and lifestyle opportunities across 70 hectares of under-utilised commercial and industrial land to cater to Brisbane’s rapid growth.
Brisbane is growing fast, with more than 600 people moving to the city every week.
With 96 per cent of all homes built by the private sector, the Schrinner Council is encouraging more homes, sooner, in well-serviced areas while protecting Brisbane’s low-density suburbs and lifestyle.