Brisbane officials are assessing a multi‑million dollar revitalisation plan for the aging Story Bridge, with early estimates suggesting repair costs could escalate to A$1 billion.

The iconic structure, opened in 1940, urgently requires structural upgrades, including reinforced walkways and possible lane restructuring.

Funding options under consideration include tolls, state and federal grants, or a targeted rate levy, in anticipation of a federally funded refurbishment scheduled for completion in 2027.