Ipswich residents have been given their latest look at how a $150m rejuvenation of Ipswich Central will breath new life into the city’s centre with the release of an updated master plan.

The eight-hectare project will feature a promenade of water fountains, an outdoor events space with a stage, a riverfront bar and a dining area.

It will also include a collection of fresh and vibrant urban precincts for retail, dining, entertainment and open spaces, creating an active and dynamic 24/7 destination.

Footpath and alfresco bars, cafes and restaurants are planned for Union Place, offering a variety of food and wine options, from take away burgers to upmarket fine diners.

Ipswich’s proud history will be reflected in the iconic Murphy’s Pub which is being restored to its former 1910 glory, even adopting its original name – The Commonwealth Hotel.

A modern, glass-fronted 3,400 square metre new city library will front the main civic promenade offering a range of free and family-friendly services and activities.

More than 10,000 square metres has been devoted to open, public space in Ipswich Central with shaded seating areas and cooling features including a water curtain and sculptural water steps, providing residents, workers and visitors with an outdoor area for relaxation, events and activities.

A raft of new fashion stores and retail outlets will be housed throughout the new city centre, offering an extension to what is already on offer at Riverlink Shopping Centre, and a riverside bar and covered timber deck area will be located on the northern end of the site.