Adept Economics Director Gene Tunny was recently in Toowoomba to meet with clients and took some time out to check out the Toowoomba Railway Goods Shed redevelopment (see photos below), an important first step in the development of the Railway Parklands Priority Development Area.
In 2016, Adept Economics assisted Toowoomba Regional Council (TRC) with its successful application for $5 million from the Queensland Government’s Building our Regions fund to support the repair of the historic Railway Goods Shed on the CBD fringe. Adept Economics completed a cost-benefit analysis and economic impact analysis of the Goods Shed upgrade (check out the case study on this page here).
In late 2019, the $10 million dollar Toowoomba Goods Shed refurbishment officially opened. This project saw the 130-year-old heritage-listed Toowoomba Railway Goods Shed be transformed into a flexible space, available for commercial (e.g. cafes, restaurants, micro-brewery) and community activities and events. According to the Toowoomba Regional Council, the Goods Shed will be a mixed-use facility and will be a critical interface between existing infrastructure and future parklands.
For more information, please contact Adept Economics Director Gene Tunny on 07 3085 7417.