amid investigations by the Queensland Crime and Corruption Commission , purchased many of the properties in the city under the council owned Ipswich City Properties group.revealed the previous council had lost $78 million on the purchases"We are really keen to make sure the project benefits the people of Ipswich and adheres to the schedule and the costs as projected," Cr Harding said.
"We are the fastest growing city in Queensland and the oldest provincial city and more and more people are starting to realise the opportunities we have here." The hotel — also known as Murphy's Pub — was purchased by the previous council and had so far cost $3.5 million for its works. Earlier the month, the council pledged an additional $2.3 million on the project to reassemble the building
"As a consequence of this investment, we have seen other private investment has come on board understanding there is massive opportunity in the Ipswich region," Mr Bell said. On the northside of the Bremer River, the Riverlink shopping centre was developed in 2007, with many critics arguing it effectively moved the CBD from its traditional place.
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