Publicised as a significant economic boost for Queensland’s tourism industry, premier Annastacia Palaszczuk said that the terminal will eventually host more than a million passengers each year. “Building this one piece of infrastructure flows through our entire economy. Ships that were too long, too high and too deep to dock at Brisbane's Hamilton facility will have a dedicated cruise terminal.”

Deloitte’s latest business outlook shows strong population growth numbers bolstering Queensland’s economy as “crazy” house prices send buyers north. Tourism numbers are also looking positive, with an expected economic upswing coming from tourism and mining. 

“The renewed (albeit modest) falls in the Australian dollar over the past year augur well for renewed strength in tourism numbers ahead,” Deloitte partner Chris Richardson said. “That will be accommodated by the recent increased and ongoing investment in hotel capacity in some of the tourism hubs of the state.” 

Tourism minister Kate Jones said that Queensland’s cruise industry was booming. “Last financial year we saw 520 ships port in Queensland — 11 percent growth year-on-year, making the Sunshine State Australia's undisputed cruise capital.” 

The terminal is expected to handle over 1,100 vessels and at 1.8 million passengers within its first five years. The global cruise ship industry is growing, with at least 60 percent of the cruise ships calling in to Australia by 2020 estimated to be ‘mega’ cruise ships — with a gross tonnage larger than 120,000.

The Queensland government has confirmed that construction company Hindmarsh will deliver the $158 million building. 

The terminal is scheduled to open in October 2020, with bookings already open for Brisbane’s first cruise season. 

Via Urban Developer | Images from Port Brisane