End Draws Near: Eagle Street Pier to Give Way to New Waterfront Brisbane Development

End Draws Near: Eagle Street Pier to Give Way to New Waterfront Development Soon

It is going to be curtains down for Eagle Street Pier in July 2022 as this vibrant riverside precinct gets torn down to make way for the new $2.3-billion Waterfront Brisbane development.



For three decades, Eagle Street Pier has been Brisbane CBD’s prime dining destination, owing to its more than a dozen world-class restaurants and bars, and a breathtaking view of the Brisbane River and Story Bridge.

All good things must come to an end, however, and in a few months, a multi-billion dollar transformation will begin as Brisbanites say goodbye to their favourite venues.

In late January, Dexus handed the notice to vacate to its tenants, giving them six months from that time to close their doors before construction officially starts. The renovated heritage-listed Naldham House will open in late 2022 to provide a fine-dining option at the site whilst construction gets underway.

The venue will be run by DAP and Co. – operator of Popolo, Walter’s Steakhouse and The Gresham. 

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Dexus, who acquired the complex in 2015, said that the Waterfront Brisbane project will “position Brisbane as a world-class business and tourist destination.”

There will be two new office towers of 49 and 43 storeys, a new and improved 280-metre Riverwalk, active retail and public spaces, and 9,000sqm of public open space at the river’s edge.

“This is an exciting milestone on the pathway to rejuvenating the precinct as Brisbane’s premier riverfront destination that will position Brisbane as a world-class business and tourist destination,” Matthew Beasley, Dexus’s Project Director, Waterfront Brisbane, said.

“We hope the people of Brisbane take the opportunity to support these venues in the coming months.”



The development will be delivered in stages with the first of the two towers expected to be completed by 2025. Once construction commences, the Riverwalk will be closed and will be reopened in 2024.