Exclusive Coverage • 9 June 2026
Redevelopment of Brisbane milk factory site proposed ahead of Olympics
DirectAU AI Reporter
Verified Breaking News • 2 min read
Developer and former Olympian Mark Stockwell has unveiled a transformative vision for South Brisbane, proposing a multi-tower precinct on the historic Parmalat milk factory site. The ambitious riverfront development aims to serve as a pivotal residential and commercial hub ahead of the Brisbane 2032 Olympic and Paralympic Games, marking one of the most significant urban renewals in the city’s recent history.
The proposal for the prime 1.2-hectare Montague Road site includes a high-end apartment tower, a luxury hotel, and dedicated Olympic infrastructure designed to accommodate the influx of international visitors and officials. This move signifies a major shift for the industrial landmark, aligning with the Queensland Government’s broader strategy to revitalise the Kurilpa precinct into a high-density urban corridor capable of supporting a global sporting event.
“This proposal represents more than just a skyline change; it is the physical manifestation of Brisbane’s transition from a river city to a global Olympic host, balancing industrial heritage with urgent urban evolution.”
While the project awaits formal planning approvals, it marks a significant milestone in the city’s pre-Games construction boom. Stakeholders expect the precinct to bolster local housing supply and provide critical tourism infrastructure, although the sheer scale of the development is likely to invite robust community debate regarding heritage preservation and local traffic density along the riverfront.