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More than half a billion dollars have been forked out to buy properties and compensate business owners for the disruption caused by the Cross River Rail.
Demolition work is ongoing for the project, which involves a 10.2 kilometre rail line from Dutton Park to Bowen Hills, with tunnelling to start in 2020.
Deputy Premier Jackie Trad said the Cross River Rail Delivery Authority was required to pay compensation for the value of land and for disturbance.CREDIT:AAP IMAGE/ DARREN ENGLAND
Over two years, the Cross River Rail Delivery Authority planned to spend $534 million to compensate business owners and buy properties needed for the project, including the GoPrint site, the South Brisbane Dental Hospital and the nine-storey Landcentre Building.
The fund was also used to buy Albert Street properties, the Brisbane Transit Centre and Hotel Jen at Roma Street.
This article first appeared on www.brisbanetimes.com.au
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