Queensland's largest startup hub The Precinct closes at month's end
The Precinct, housing dozens of ventures across 8,000 square metres in Fortitude Valley, will shut after lease talks collapsed.
Queensland's largest startup hub, The Precinct, is closing at the end of the month after talks with the building owner fell apart. The hub occupies a former department store in Fortitude Valley with more than 8,000 square metres of office and meeting space.
The hub has been home to dozens of startups and investors. Tenants now have just weeks to find new premises in Brisbane.
The closure leaves the state's startup community scrambling for alternative spaces.
- 8,000 square metres
- Space
- Fortitude Valley, Brisbane
- Location
- Queensland's largest startup hub
- Hub status
Why it mattersA major loss of workspace and community for Queensland's early-stage tech companies at a critical moment for fundraising and growth.
AustraliaQueensland startups lose their largest shared workspace hub, forcing relocation costs and disrupting the state's innovation ecosystem.
✓ Claims checked against the source and corrected before publish. checked 3 h ago
