A six-month business case will now evaluate a 17,000 seat venue over the top of Roma Street Station.
This entertainment precinct project is backed by both major parties in Queensland.
The project proposal over Roma Street station will now be linked to the development of Brisbane’s $5.4 billion underground rail project,Cross River Rail.
The Cross River Rail will build a new underground rail station at Roma Street Parklands as part of an underground link from Annerley to the RNA Exhibition Grounds at Bowen Hills.
The Queensland Government has now agreed to link the two projects in the planning phase.
Deputy Premier and Treasurer Jackie Trad said the entertainment precinct project – called Brisbane Live – demonstrated the underground Cross River Rail project could transform Brisbane.
“Brisbane Live is a proposal for a 17,000 seat world class entertainment arena,similar to the LA Live complex,which would become Queensland’s premier entertainment venue hosting international live entertainment and world-class events,” Ms Trad said.