As Brisbane counts down to the 2032 Olympic and Paralympic Games, the impact is already being felt across Queensland with major infrastructure projects taking shape, designed not only to host a global event but to transform the state for generations to come.

With $7.1 billion committed to Olympic venues and more than $12.4 billion in transport upgrades planned or underway, Queensland is preparing for a reset that reaches far beyond sport. These projects are set to reshape our cities, boost local economies, and strengthen communities right across the state.

Our team on the ground are already seeing this momentum play out. Here’s how leaders across Savills believe the Games, and the infrastructure it will bring, will impact our clients across key sectors.

Project Management: A legacy for generations

Arron Fischer, State Director, Project Management
Success in 2032 isn’t just about delivering the Games, it’s about what lives on after.

Brisbane 2032 will be a defining moment for our city, bringing people together and showcasing our sporting spirit to the world, but the true legacy lies in how we plan beyond the podium.

Our team, with deep experience delivering some of the most iconic sporting venues and spaces across Australia and the UK, knows focusing on creating infrastructure that not only delivers an unforgettable Games experience but continues to serve communities for decades is key. From repurposed venues to new spaces for education, housing, and connection, we’re building for now and for the future.

Watch Arron and the Savills Project Management Team's vision for the 2032 Games.

Industrial & Logistics: Behind the build

Callum Stenson, State Director, Industrial & Logistics

Queensland’s population is growing rapidly, and with billions invested in infrastructure, demand for industrial and logistics space is starting to recover as well.

Even in slower growth scenarios, Savills research shows Queensland will need more than 800,000 sqm of new industrial space by 2031. In higher growth forecasts, that figure jumps to over 3 million sqm. This demand is being fuelled by changes in supply chains, rising warehousing needs, new job creation across construction and tourism and better transport connections across road, rail and ports.

In a nutshell, these Olympics are acting as a launchpad for long-term growth across Queensland’s industrial landscape.

Read Industrial QLD's Market In Minutes.

Commercial Sales: Opportunity beyond the stadium

Robert Dunne, Director, Commercial Sales

Olympic-driven growth is spreading well beyond Brisbane’s CBD and with venues planned for Logan, Moreton Bay, the Sunshine Coast and Cairns, we’re seeing stronger development activity and more investor interest across the entire coastline.

Much of the action, understandably, is focused near infrastructure projects and in particular, around rail corridors and city fringe areas like Fortitude Valley and Herston. A great example of this is Sentinel’s $132 million acquisition of Green Square South, which represents the first $100m+ commercial deal done outside the CBD since 2022.

Mixed-use and hospitality developments are also seeing a lift, as venues like Brisbane Live and the new Northshore Hamilton stadium renew demand for hotels, retail, and entertainment, especially those near key transport.

The Olympic investment is fast-tracking growth in areas that were already on the radar, setting them up for long-term gains.

Residential Projects: A city redefined

Jo Prince-Gillies, State Director, Residential Projects

The Olympic infrastructure rollout is already influencing how buyers and developers are thinking. With a new 63,000-seat stadium planned for Victoria Park and a world-class National Aquatic Centre on the way, interest is growing in nearby suburbs, showing this event isn’t just about sport; it’s a chance to reshape Brisbane.

Transport upgrades like Cross River Rail and Brisbane Metro will make it easier to get around Southeast Queensland, opening the door for up-and-coming suburbs to shine. Proximity to these projects, and the lifestyle benefits they offer, is now a key consideration for both developers and buyers.

The opportunity ahead isn’t just about building homes, it’s about creating communities that will thrive long after the closing ceremony.

Looking ahead: Why it matters

For developers, investors, businesses and communities across Queensland, the Games are already influencing how decisions are made.

Savills brings together local knowledge, cross-sector expertise and a global outlook, putting us in an enviable position to help clients take full advantage of this once-in-a-generation moment.  From city-shaping projects in Brisbane to new opportunities along the coast, we’re ready to help our clients make the most of the lead-up to 2032 and the legacy it will leave behind.

Disclaimers:

The postings by any individual on any blog do not necessarily represent the position of Savills, its strategies or opinions.