A group of investors plan to build a $125 million bulk rail terminal facility north of the city to target the agriculture and logistics industries.
Chaired by Toowoomba businessman John Dornsbusch, the InterlinkSQ project will be located at Charton-Wellcamp, bordering the western rail line.
The site spans 162 hectares, and is in the second phase of planning with development set to commence by the end of this year, The Chronicle reported.
Dornbusch said the site was chosen due to its strategic position with national road and rail facilities in close proximity.
"The site will facilitate the transportation of freight either in bulk or in an intermodal container or vehicle," Dornbusch said.
"It will be one of the most important, and major, rail projects to be undertaken in Queensland.
"The project has essentially been designed around three rail terminals large enough for trains up to one kilometre long to access," he said.
Dornbusch said the project had the support of the Port of Brisbane Corporation.
"The Port of Brisbane is very excited about the project due to simple mathematics," he said.
"The terminals will enhance the capability of the Port of Brisbane through its 'inland port' concept whereby Customs and the Australian Quarantine and Inspection Service can be located onsite.
"There are also advanced plans to build a full scale rail maintenance facility onsite as well.
"We are in discussions with Queensland Rail to move their entire maintenance facilities to our site."
Dornbusch said a subsidiary company of InterLinkSQ would be part of all aspects of the project.
"We own Intermodal Terminal Services who are the rail operators of the Port of Geraldton in Western Australia," he said.
"The company is essentially a rail maintenance and construction company.
"Given the size and scale of the project we are in a great position because all the work can be conducted in-house."
Dornbusch said rail infrastructure in the state needed improving, but that government support was getting better.
"Queensland is about 10 years behind other states, particularly Western Australia, in respect to rail infrastructure.
"However, that is all starting to change as rail in Queensland is starting to open up."