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FOUR underground train stations planned for Brisbane's inner city will carry a price tag of more than $100 million each.
The city's second cross-river rail line – which will include a 7km tunnel from Fairfield to Bowen Hills running beneath the CBD – will be capable of carrying 30,000 people an hour in both directions.
The head of the $8.2 billion Cross River Rail project, Luke Franzmann, told industry leaders at the Valley Chamber of Commerce lunch yesterday that a final decision on the location of the southern CBD station would be made within the next month.
The 30m-deep station will be situated at the southern end of the CBD, near the Botanic Gardens, on either George, Edward or Albert Sts.
Three other underground stations will be in the CBD north, at either Central or Roma Street stations, Woolloongabba and Park Rd or Boggo Rd in Dutton Park.
But Mr Franzmann said the cost of the stations – which will each have 225m platforms capable of carrying nine-carriage trains – would be hefty.
He said they involved "a lot of infrastructure", with the price tag for each in excess of $100 million.
"Really to get good value out of that we need it to be an active space," said Mr Franzmann, alluding to the possible creation of retail hubs to offset some of the cost.
"As we start to move into the next phase, we need to think about what are the opportunities to deliver these stations and how we might finance these stations," he said.
"Things like commercial opportunities in and around the stations is all a component for the business case."
Mr Franzmann said the project would investigate the existing underground infrastructure in the CBD, such as rock anchors for large skyscrapers.
Transport Minister Rachel Nolan said yesterday the project required significant input from the Federal Government.
A draft Environmental Impacts Study for the 19km-long surface and tunnel rail line from Wooloowin to Salisbury will be completed by year's end, with construction finalised by 2016.
Urban Futures Brisbane chairman Bevan Lynch said Cross River Rail would enhance urban renewal across the city.
"The two that are really exciting and give enormous commercial retail opportunity are the Woolloongabba and Boggo Rd stations and, of course, the RNA station (slated for development as part of surface upgrades)," he said.
Mr Lynch said the infrastructure would bolster the development of South Brisbane and the Valley into the city's other CBDs.
Brisbane Courier Mail
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