BTR’s second wind is having impact with the housing crisis.
75 apartments will be built on a car park in the centre of the city, 132km west of Brisbane, with work beginning this week.
It is a Brisbane Housing Company (BHC) project, one of 17 active projects in various stages of planning and construction across southeast Queensland. It expects to complete 290 affordable homes this year.
During the past decade the social housing waitlist skyrocketed to more than 45,000 families while housing lot approvals plummeted by 29% in Queensland.
The independent not-for-profit purchased the land from Toowoomba Regional Council in 2022.
BHC Chief executive Rebecca Oelkers said they were working on their largest development pipeline in more than 20 years.
“Our footprint across south-east Queensland already includes 2,000 secure, long-term tenancies and that number will triple by 2030,” Rebecca said.
“We are directing every effort to deliver our record development pipeline, which comprises a mix of social and affordable housing in key areas such as Toowoomba, Brisbane and the Gold and Sunshine Coasts.”
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