Unlock the North | 2023 State & Federal Budget Submission

Page 36

HEALTH, KNOWLEDGE & RESEARCH

FIND OUT MORE ABOUT TROPIQ HERE

TROPIQ: TROPICAL INTELLIGENCE AND HEALTH PRECINCT GROWTH OPPORTUNITY

$32 million North Queensland Simulation Park (NQ Spark).

TropiQ, Townsville’s Tropical Intelligence and Health Precinct is a global destination that lives and breathes realworld research and innovation. Backed by Townsville City Council and located only 13km from the Townsville CBD, TropiQ is situated at the nexus of Townsville University Hospital (TUH) and James Cook University ( JCU) and shares a boundary with Australia’s largest Army base, Lavarack Barracks. TropiQ is experiencing significant growth via the expansion programs of its key institutional partners, whilst also managing development enquiries for a range of projects exceeding $1 billion in overall value. To ensure these development opportunities can be effectively realised, and to cater for the increased demand on trunk infrastructure, TropiQ requires an immediate planning program to establish enabling infrastructure needs. This work is beyond the means and capabilities of the University, the Hospital and Townsville City Council and requires government funding and support.

STATUS:

These major projects will deliver significant economic and social benefits to the community but will place considerable strain on supporting infrastructure such as roads, power, and water. This significant investment will also position the TropiQ precinct to attract further investment from public and private proponents who have already indicated interest in the competitive advantage offered by the precinct. This could introduce thousands of health and knowledge jobs into Townsville and increase the annual economic output from $3.5 billion to more than $4.4 billion by 2035. Achieving this revolutionary benefit for the region is directly dependent on establishing the enabling infrastructure needs, which will not be possible without government investment. The TropiQ program is underpinned by a range of masterplanning processes, regional, local and State Government plans and policies. These include: Townsville University Hospital Masterplan James Cook University Masterplan Townsville City Deal - Health and Knowledge Development Strategy North Queensland Regional Plan

TropiQ is home to approximately 70 organisations and contributes $3.5 billion to the regional economy annually.

Queensland Innovation Places Strategy DTMR Douglas Transport Study

It is the most significant innovation and employment hub for North Queensland and adjoins Australia’s largest land-based Defence Force (Lavarack Barracks).

2035 VALUE:

Masterplan processes have resulted in major investment in the precinct, including soon to be delivered major infrastructure projects such as:

$4.4B

ECONOMIC OUTPUT FOR BUSINESSES

$530 million TUH expansion and associated ~$80 million multi-level carpark

INCLUDING $1.7B DIRECTLY

Private Hospital development interest (circa $200 million + project)

$2.7B

$94M JCU Technology Innovation Complex

GRP INCLUDING $1.2B DIRECTLY

$54M JCU student accommodation

WHAT WE NEED 10 million from State or Federal Government to support $ the construction and detailed planning of the enabling infrastructure for TropiQ.

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TOWNSVILLE NORTH QUEENSLAND

21,261 FTE JOBS

State Funding

11,240

Federal Funding

FTE JOBS DIRECTLY

$1.7B

WAGES AND SALARIES

State and/or Federal

Funding N/A


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Articles inside

TOWNSVILLE CITY DEAL

2min
page 45

NORTH AUSTRALIA ARTS PRECINCT

1min
page 44

MAGNETIC ISLAND TOURISM DEVELOPMENT

2min
pages 42-43

PALUMA TO WALLAMAN TRAIL

1min
page 41

LIVEABILITY & VISITOR ECONOMY 08

0
page 40

BUILDING HEALTHY BRAINS

2min
page 39

FIRST NATION’S HEALTH AND SOCIAL SUPPORT FACILITY

1min
page 38

MATERNITY AND RENAL REDEVELOPMENT PROJECT

1min
page 37

TROPIQ: TROPICAL INTELLIGENCE AND HEALTH PRECINCT

1min
page 36

SECURING NORTH QUEENSLAND’S GLOBAL LEADERSHIP IN AQUACULTURE

1min
pages 35-36

HEALTH, KNOWLEDGE & RESEARCH 07

0
page 34

BUSINESS ENABLERS

2min
pages 32-33

WORKFORCE ATTRACTION AND HOUSING CAMPAIGN

2min
pages 30-31

HOUSING FUND TO SUPPORT 1,000 NEW INNER CITY APARTMENTS

1min
page 29

ENHANCING THE BURDEKIN RIVER SYSTEM

3min
pages 26-27

REGENAQUA HINCHINBROOK

2min
pages 25-26

CHARTERS TOWERS ENTERPRISE PRECINCT

0
page 23

AYR INDUSTRIAL ESTATE EXPANSION

1min
page 23

HELLS GATES PUMPED STORAGE HYRDO SCHEME

1min
page 21

SUPPORTING THE NORTH’S HYDROGEN POTENTIAL

1min
page 20

COPPERSTRING 2032

1min
page 19

AFFORDABLE GREEN POWER & HYDROGEN 03

0
page 18

JOINT AMPHIBIOUS FORCE CAPABILITY

1min
page 17

NORTH QUEENSLAND: FORWARD MOUNTING BASE FOR THE PACIFIC

3min
pages 16-17

MOUNT ISA TO TOWNSVILLE SUPPLY CHAIN

2min
page 14

PORT EXPANSION PROJECT - STAGE 2

2min
pages 12-13

TOWNSVILLE NORTH QUEENSLAND KEY TO UNLOCK THE NORTH

1min
page 11

ADVOCACY HIGHLIGHTS

0
page 4

FOREWORD

2min
page 3
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