The Constellation Development Facility is a place and project system designed to identify where Queensland has credible economic opportunities that are not yet investable, and to support a project development facility to close that gap.
It does not invest in operating assets. It deploys development capital to support the maturation of projects where disciplined effort is most likely to convert opportunity into investable form.
The organising idea
Queensland’s economy contains the ingredients for growth, but projects frequently stall before they become investable. The constraint is rarely a lack of ideas or a lack of capital. More often, it is a recurring set of structural, commercial, regulatory, or delivery barriers that prevent projects from reaching a form capital can engage with.
The project development facility exists to close that gap.
The dashboard is organised around three objects. You can enter from any of them, depending on how you prefer to think.
Places (LGAs)
LGAs are the organising unit for place-based context.
An LGA view answers:
LGAs are not ranked. They are contexts for reasoning, not competitors.
Opportunity types
Opportunity types enable comparison across places.
An opportunity type view answers:
Opportunity types support pattern recognition, replication, and system-level learning.
Deals
Deals are the concrete units of progress.
A deal view answers:
Deals are evidence and work in progress. They are not endorsements.
Two diligence pathways underpin the dashboard.
LGA-level diligence
LGA-level diligence translates existing LGA strategies into structured opportunity hypotheses grounded in place conditions.
This work is based on the published LGA strategy and referenced source material, rather than independent assessment or re-interpretation. The facility checks for completeness and internal coverage of the strategy, not the quality or ambition of the strategy itself.
This includes:
This layer explains why certain kinds of projects are proposed in some places and not others, based on what is already articulated in local strategy.
Deal-level diligence
Deal-level diligence advances individual projects through a structured, stage-based development process grounded in global best practice for project preparation and transaction development.
Projects progress through five stages:
Each stage is designed to resolve a specific investment-critical uncertainty before additional development capital is deployed, ensuring disciplined progression toward investability.