Riverstage in Brisbane CBD is set for a multimillion-dollar upgrade, with private operators invited from 22 September 2025 to invest under a long-term lease arrangement.
Background and Context
Riverstage, located behind the Brisbane Botanic Gardens, opened in 1989 as part of Brisbane’s cultural legacy following Expo ’88. It has since hosted leading local and international performers including Powderfinger, Lorde, Benson Boone and Teddy Swims. In the past financial year, 38 events drew about 245,000 attendees.
Planned Upgrade
Council confirmed on 2 September 2025 that an expression of interest campaign will open on 22 September 2025. The process will seek proposals from experienced operators to deliver significant investment in Riverstage. The venue will remain in public ownership while being leased to a private partner for operation.
Planned upgrades include new and improved facilities and advanced sound management systems designed to address noise impacts. The upgrade is being positioned as part of Brisbane’s preparation for the 2032 Olympic and Paralympic Games, when the city will require more world-class venues.
Industry Interest
Construction leader Scott Hutchinson, who helped develop Fortitude Music Hall, has expressed interest in taking on the project. Earlier this year, he suggested a $50 million investment could deliver a roof over the stage area, soundproofing to minimise noise reaching surrounding areas, and a cover for around 3,000 people at the front of the venue. He also raised issues such as resident noise complaints and ticket resellers using bots to secure large portions of tickets, leading to quick sell-outs for major acts.
Public-Private Model
The funding approach follows a model in which private investment is exchanged for a long-term lease. This arrangement has been promoted as a way of upgrading facilities without direct cost to residents, while allowing public funds to focus on transport, parks and road projects.
Community and Cultural Impact
Industry organisations have welcomed the upgrade. Economic and cultural leaders said it would attract international acts, create more opportunities for local performers, and strengthen Brisbane’s standing as an events destination. They noted Riverstage’s role as a lasting cultural venue since Expo ’88 and emphasised that investment is needed to make it more accessible and suitable year-round.
Looking Ahead
By 2032, Brisbane is expected to have both a new indoor arena at the Gabba and an upgraded Riverstage, enhancing the city’s capacity to host large-scale entertainment and cultural events. The outcome of the expressions of interest process later this year will determine the future operator and the scope of the redevelopment.
Published 13-Sep-2025
