The Queensland Government announced on 20 July 2015 that Echo Entertainment as 50% joint venture partner of the "Destination Brisbane Consortium" was the preferred tenderer for Queen's Wharf, Brisbane, beating rival Crown Resorts. The development will feature 2000 apartments and 1100 new hotel rooms in the . Echo has two Hong-Kong based joint venture partners Chow Tai Fook Enterprises and Far East Consortium. The two joint venture partners will each contribute 25 per cent of the capital to develop the integrated resort and will also jointly pay for the apartment and broader Queen's Wharf developments. The development will include four, five and six-star hotels including the Ritz-Carlton and Rosewood. A feature of the development is stated to be the area along the river front equalling 12 football fields of public space. Premier Annastacia Palaszczuk stated that the integrated resort and casino would transform Brisbane's CBD in the same way the South Bank development did after Expo88 almost 30 years ago. The project will create 3000 constructions jobs and 8,000 permanent jobs. The economic modelling indicates a $1.69 billion annual increase in Queensland tourism and 1.39 million additional tourist visitors per annum.