The suburban arterial road running through Bracken Ridge, linking Carseldine and Deagon and surrounding suburbs, was originally budgeted for a $260 million upgrade.

However, Cr Quirk said the project had been delivered with savings of $100 million from the original budget.

Cr Quirk said the second stage of the road upgrade, which began in mid-2017, had been completed with $67 million to spare.

“Savings were captured through procurement, with the contract costing $24.5 million less than anticipated, as well as a $3 million reduction due to remediation not being required for the former landfill," he said.

“These savings will be reinvested into citywide projects, including the Green Camp Road, Waterworks Road and Wolston Creek Bridge upgrades, as well as other projects to ensure Brisbane continues to be a great place to live, work and relax."

The road's upgrades began in 2013 and included the removal of a level crossing on the key road.

The council's infrastructure chairman Amanda Cooper said Telegraph road had been carrying more than 25,000 vehicles daily.

“More than 60,000 cubic metres of fill and a new 70 metre bridge were shipped in, laying the foundations for the 41,500 vehicles that are expected to use this corridor once the Gateway North upgrade is completed,” Cr Cooper said.

Cr Cooper said the council was also trialling a 'smart crossing' at the intersection of Telegraph and Lemke Roads to monitor pedestrian movements as part of the council's pedestrian safety review.