CIMIC's Broad to Deliver Ferny Grove Central in Brisbane
CIMIC Group company and wholly owned subsidiary of CPB Contractors Broad Construction has been selected by the Honeycombes Property Group and joint-venture partner MaxCap Group to deliver Brisbane’s Ferny Grove Central development. The project will generate revenue of approximately AUD 100 million for CPB Contractors. The transit-oriented construction project involves redeveloping the existing Ferny Grove train station commuter car park into a residential, commercial and retail hub, while also providing additional parking spaces for commuter vehicles.
The Queensland and Australian Governments contributed towards the funding of the additional park ‘n’ ride spaces.
Construction will commence in June 2021 and is expected to be completed by August 2023.
Ferny Grove Central adds to Broad’s portfolio of Queensland building projects which includes the Inner City South State Secondary College and the re-development of the Kingaroy Hospital.