at a $140 million mixed-use development will complement doctors, housing, community resources and retail.The housing at Ferny Grove Station is targeting middle to higher incomes. A spokesman for developers Honeycombes Property Group said 55 per cent of the owners of the 82 apartments were from nearby Ferny Grove or Ferny Hills.
De Nys said redevelopments would need to be fit for purpose but could be more cost-effective for those who use them. “Affordable housing is clearly a hot topic right now, and it is only going to get hotter unless something is done to boost supply,” he said.Geon Properties won the 2020 Queensland Rail tender to develop Albion Station as a transit-orientated development. Stage one received Brisbane City Council approval in December 2020.
“As increasing numbers of people are returning to use the public transport system, it is anticipated park ‘n’ ride demand will increase.”