A development application proposed by Aria Property Group to transform a run-down laneway on the corner of Elizabeth and Edward Streets into a new public space, was approved by the Brisbane City Council last week.
Aria commercial manager Michael Zaicek says the development will be similar to the group's own Fish Lane in South Brisbane, but on a smaller scale.
Works on the refurbishment estimated at $4-5 million will begin on October 1, with the whole development expected to be completed by March 2020.