Ipswich will not have to wait until 2020 to get a redeveloped mall in its heart, Local Government Minister Stirling Hinchliffe said.

Five tenders to begin about $60 million of mall upgrades, $28.97 million cheaper than planned in 2017, have stalled with the council set to be sacked and an administrator to be appointed by the Queensland government.

However, the council still needs to have a new loan approved from the Queensland Treasury Corporation to pay for the work.

“The Ipswich CBD redevelopment is an important project for the city and... I want to see genuine progress in the lead-up to the 2020 Local Government elections,” Mr Hinchliffe said.