The iconic Treasury Casino in Fortitude Valley is poised for a dramatic transformation. Griffith University is expected to formally announce its acquisition of the historic building in the coming weeks.
The move hinted at earlier this year, would see the casino converted into a bustling campus that, upon its opening in 2027, would accommodate up to 7,000 students and 400 staff members.
LM Adrian Schrinner has expressed his enthusiasm for the project, highlighting the Treasury Casino’s significance as a cherished landmark in Brisbane’s landscape. He emphasised the importance of preventing the building from remaining vacant and expressed his desire for it to maintain an active role within the city, particularly in the Queen Street Mall precinct.
Star Entertainment, the current owner of the Treasury Casino, put the property on the market for $200 million in October of last year. However, they have declined to comment on whether a deal has been finalised with Griffith University.
A Star Entertainment spokeswoman confirmed that Treasury Brisbane is currently being sold and stated that an official announcement regarding the outcome would be made at the appropriate time.
Griffith University, which already boasts campuses across South East Queensland, including Mount Gravatt, Logan, South Bank, Nathan, and the Gold Coast, has declined to comment on the matter. If the acquisition is confirmed, this new campus would mark the university’s sixth location.
The potential transformation of the Treasury Casino into a vibrant educational hub signals a new chapter for the historic building and the Fortitude Valley area.
It promises to inject a fresh wave of energy into the precinct, contributing to its continued growth and evolution. As the formal announcement draws near, the community eagerly awaits further details about this exciting development.
Published Date 18-September-2024
