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The contract covers the delivery of 394 residential units across four buildings under Phase 3 of the development.
The regiment base will provide basic training and is expected to accommodate 350 personnel and 250 conscripts once completed.
Five local developers have been selected to transform 6.1ha of Brisbane riverfront into a mixed-use precinct.
The approved projects cover the construction, operation and maintenance of the infrastructure over a 30-year concession period.
The project will deliver a new support services building to provide education and allied health programmes.