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Financialisation of urban redevelopment: case study of Howard Smith Wharves riverfront redevelopment in Brisbane

Study level

PhD

Master of Philosophy

Honours

Vacation research experience scheme

Faculty/Lead unit

Science and Engineering Faculty

School of Civil Engineering and Built Environment

Topic status

We're looking for students to study this topic.

Supervisors

Associate Professor Isil Erol
Position
Associate Professor Property
Division / Faculty
Science and Engineering Faculty
Associate Professor Tan Yigitcanlar
Position
Associate Professor
Division / Faculty
Science and Engineering Faculty

Overview

Since the 2008/09 financial crisis, Brisbane’s commercial real estate market has been in a state of healing. Starting in 2018, major urban redevelopment and infrastructure projects – having the potential to entirely alter the city’s CBD – have been developed (to be developed) to add $12.4 billion into Brisbane’s economy. This proposed project aims to explore the funding opportunities, including foreign lenders, and local government's initiative role in the large-scale urban redevelopment projects in case of Brisbane.

Research activities

The student/students is/are expected to make a preliminary analysis for the Howard Smith Wharves (HSW) redevelopment  project and carry out some survey study.

Outcomes

This project aims to explore the funding opportunities, including foreign lenders, and local government's initiative role in the large-scale urban redevelopment projects in the case of Brisbane. We will first investigate the main challenges faced by urban redevelopment project stakeholders (city government, developer and the builder) and alternative financing mechanisms behind urban redevelopment  revitalization projects in Australia.

The main outcome of the proposed research will be understanding:

  • the governance and financing processes of large-scale urban redevelopment projects
  • and the role of foreign investors

within the case study of Howard Smith Wharves riverside redevelopment project in Brisbane.

Skills and experience

Students who can conduct survey research.

Keywords

Contact

Contact the supervisor for more information.