Tag: Eagle St Pier

Waterfront Brisbane 2026 Update: North Tower Rising as $2.5 Billion Eagle Street Pier Overhaul Takes Shape

After several years of deconstruction and major groundworks behind hoarding, Waterfront Brisbane, the $2.5 billion redevelopment of the former Eagle Street Pier precinct, has moved into a new phase, with vertical construction now underway.

Read: New Vision for Waterfront Pavilion, A Key Element of Waterfront Brisbane

Vertical construction on the North Tower is now underway, according to the project’s official Instagram. A jump form and additional tower crane are to be installed in the coming months to allow the core structure to continue its ascent.

Basement excavation is also set to commence alongside the tower’s rise. The project’s LinkedIn page described the construction methodology as “intelligent and efficient,” and noted that 2026 is “a defining year as this city-shaping precinct continues to take form.”

What Waterfront Brisbane Will Include

Photo credit: waterfrontbrisbane.com.au

The redeveloped precinct, now operating under the name Waterfront Brisbane, will comprise two new office towers, a riverfront retail precinct, and upgraded public spaces. Key public infrastructure improvements include a widened Riverwalk, an upgraded river jetty, increased mooring for river taxis, and a new CityCat terminal.

Photo credit: waterfrontbrisbane.com.au

The Riverwalk, now 15 metres wider than its previous iteration, is already open to the public. The retail and dining offering is intended to include casual cafes and convenience retail alongside existing dining options, with the project positioning the precinct as an everyday destination rather than one reserved for special occasions, according to The Urban List.

A building within the precinct, Naldham House, opened in 2024 and now houses three venues: Naldham House Brasserie and Terrace, Club Felix, and The Fifty Six.

Read: Mass Closure at Eagle St Pier As Waterfront Brisbane Redevelopment Looms

Timeline

Full completion of the project is targeted for 2028, when the Riverwalk retail pavilions, North Tower and Market Hall are projected to open.

Published 23-May-2026

Mass Closure at Eagle St Pier As Waterfront Brisbane Redevelopment Looms

July has seen Brisbane bid farewell to some of the most popular restaurants and bars in its dining scene, as a handful of restaurants and bars at the Eagle St Pier serve their last customers and contemplate what’s next.

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

Coppa, City Winery, Sake, Fatcow Steak & Lobster, and Naga Thai served their final orders Saturday, 16 July, whilst The Coffee Club, Mr and Mrs G, Rico Bar & Dining, and The Bavarian’s last call for orders was on Sunday, 17 July.

Guzman y Gomez, The Kookaburra Queen, George’s Paragon, and Grill’d have already shut their doors a few weeks ahead.

Jade Buddha and Shadow Lounge, which have been on the pier for 18 years, will continue to operate for now, with their closure dates still being finalised. Jade Buddha’s Phil Hogan said they have yet to receive a proper closure order from Dexus. 

Though devastated about the mass closure of such a piece of prime real estate, many of the owners and operators on Eagle St Pier are moving on to other plans, whilst also anticipating the revitalisation of the precinct.

Photo Credit: ​​EagleStreetPier.com.au

Tom Sanceau of Coppa is weighing on either opening a new restaurant at a nearby location or finding opportunities in London.

Naga Thai’s Andrew Baturo is also checking out new spaces to open by 2023 but he is hopeful to come back to Eagle St Pier, which will be part of a new $2.1-billion redevelopment. Baturo believes that the upcoming world-class entertainment precinct is just what Brisbane needs. 

Mr and Mrs G’s Chris Higgins, Liam McMahon and chef Adrian Richardson are moving onto BOS, their new restaurant in the CBD. BOS is tentatively set to open in October. 

From Eagle St Pier to Waterfront Brisbane

For over 30 years, restaurants have come and gone at Eagle St Pier, which boasts of a fantastic view of the river from the Story Bridge. In 2015, Dexus the precinct with a plan to redevelop the site into Waterfront Brisbane with more spaces for dining spots. 

The project will also include two office towers and generous public space, as well as a new Riverwalk for pedestrians and cyclists, which will open in 2024. One of the office towers is projected for completion in 2026.

Photo Credit: WaterfrontBrisbane.com.au
Photo Credit: WaterfrontBrisbane.com.au

Nonetheless, these restaurateurs are grateful to have been given the opportunity to establish their businesses or build their hospitality careers on the pier. 

Read: Waterfront Brisbane: Dexus’ New Retail and Office Development Approved