Brisbane Lord Mayor Adrian Schrinner will announce $1 million of council's upcoming budget will be put towards trying to repurpose the accommodation so it can be used as an emergency shelter for those who are homeless.
Schrinner said he would like council's funds to go to adding laundry facilities here, among other things.
He hopes the budget allocation will put pressure on state and federal governments as there needs to be support from both governments to convert the facility as it is federally owned.
The federal government says it hasn't received any proposal from the Queensland government.
The state government is working to get a proposal together but talking with groups including the Salvation Army.