Fortitude Valley, located on the north-eastern fringe of the Brisbane CBD, has long been recognised for its distinct identity and cosmopolitan character, containing an eclectic mix of shops, markets, music, bars and galleries.
“The Valley”, as it is widely known by locals, is a commercial and cultural heartland with a creative cluster of individuals and enterprises in architecture and design, marketing and media, and software and digital content.
Fortitude Valley is also home to the Judith Wright Centre of Contemporary Arts, which houses a unique blend of cabaret, circus, dance, music and contemporary performance in the precinct’s creative heart.
Fortitude Valley is also in the midst of a wave of new commercial, residential and hotel development activity, with residential building approvals reaching their highest levels since 2003. This building activity is supporting the inner suburb’s forecast population growth rate of 3 per cent per annum until 2031. (Source: Colliers International, Apartment Research and Forecast Report, Second Half 2013)
A number of major residential developments have been approved, and as of June 2013 more than 1500 dwellings were approved or under construction in Fortitude Valley. (Source: Brisbane City Council, Lord Mayor’s Brisbane Economic Snapshot, First Quarter 2014)
This strong activity in the residential market is matched by new hotels and commercial office buildings approved or under construction that will continue to transform Fortitude Valley into one of the city’s most desired places to live, work and stay.
To discover more information on the Fortitude Valley Precinct, please visit the Brisbane City Council website, or contact the Investment Attraction Team.