Brisbane is fast becoming a centre for premium grade commercial developments with a succession of new major development projects planned in and around the CBD.
From the $3.6-billion new waterfront casino to a new 1500-seat theatre in the city’s cultural centre—as well as a number of high-profile high-rise residential projects—the city is primed for major development and growth.
200 Turbot Street
Mirvac plans to build a 29-storey, A-grade office tower across an amalgamated site fronting Turbot Street. The site holds frontages to Turbot Street, Wickham Terrace and Albert Street and, at 8900sq m, is one the largest in Brisbane’s CBD. The building will sit alongside the three-storey heritage-listed Dental Hospital Brisbane and College at 168 Turbot Street.
Address: 200 Turbot Street, Brisbane, QLD 4000
Developer: Mirvac
Architect: Blight Rayner
Building type: Commercial (66,000sq m)
Height: 29-storeys (95.7-metres)
Gross development value: $670-million
Status: Planning
Estimated completion: Unknown
Waterfront Place
Dexus is pushing ahead with plans for a $2.1-billion transformation of Eagle Street Pier and its Waterfront Place commercial precinct in Brisbane’s CBD. Plans include two new commercial towers, riverfront dining, public plazas, extended riverwalk and ferry terminal.
Address: 1 Eagle Street, Brisbane, QLD 4000
Developer: Dexus
Architect: FJMT, Arkhefield
Building type: Commercial (75,000sq m and 60,000sq m)
Height: 49-storeys (161.7-metres), 43-storeys (141.9-metres)
Gross development value: $2.1 billion
Status: Approved
Estimated completion: 2026 (Stage One)
Queens Wharf
Brisbane’s $3.6-billion Queen’s Wharf development—which has taken more than a significant footprint of the CBD—is quickly taking shape. The project, the largest private sector development in Queensland, is spread over 12ha of land and 15.3ha of water. The development, earmarked for completion by late 2022, will offer four luxury hotels, 2000 residential apartments and a casino.
Address: Queens Wharf, George Street, Brisbane, QLD 4000
Developer: Destination Brisbane Consortium (The Star Group, Far East Consortium, Chow Tai Fook)
Architect: Cottee Parker
Building type: Casino (390,000sq m), Hotel (1100 guest rooms), Residential (2000 apartments)
Height: 70-storeys (231.1-metres), 58-storeys (190-metres), 54-storeys (180-metres), 30-storeys (101-metres), 30-storeys (101-metres),
Gross development value: $3.6 billion
Status: Under construction
Estimated completion: 2022
80 Ann Street
Mirvac’s commercial project, spanning an entire block, will reach 35-storeys and offer 60,000sq m of net lettable area across some of Brisbane CBD’s largest floor plates at 2200 square metres. Suncorp will anchor the tower, taking 66 per cent of the total space. Mirvac has also closed a deal to build the tower with M&G Real Estate, which will own a half stake of the building.
Address: 80 Ann Street, Brisbane, QLD 4000
Developer: Mirvac
Architect: Woods Bagot
Building type: Commercial (60,000sq m)
Height: 35-storey (119-metres)
Gross development value: $836 million
Status: Under construction
Estimated completion: 2022
205 North Quay
Super fund developer Cbus Property, in conjunction with its local partners Nielson Properties and the Raniga family, is moving ahead with plans for a $600-million office tower in Brisbane’s fast-growing North Quarter precinct. The A-grade office tower, approved in February for a 3000sq m riverfront corner site, created from the amalgamation of properties at 205 North Quay and 30 Herschel Street.
Address: 205 North Quay, Brisbane, QLD 4000
Developer: Cbus Property
Architect: Hassell, REX, Richards and Spence
Building type: Commercial (50,000sq m)
Height: 37-storeys (122.1-metres)
Gross development value: $600 million
Status: Approved
Estimated completion: Unknown
19 Eagle Terrace
Morris Property Group has unveiled plans for a $250-million office tower in Brisbane’s North Quarter precinct. It is the latest office project for the developer, which has also commenced construction on the 26-storey Australian Taxation Office headquarters at 152 Wharf Street.
Address: 19 Eagle Terrace, Brisbane, QLD 4000
Developer: Morris Property Group
Architect: Unknown
Building type: Commercial (19,200sq m)
Height: 24-storey (79.2-metres)
Gross development value: $250 million
Status: Planning
Estimated completion: Unknown
No.1 Brisbane
Fund manager Charter Fund manager Charter Hall is pushing ahead with a major Brisbane development, with approved plans for a 35-storey office tower at the top of Queen Street. Earlier this year, the developer listed the three separate CBD titles but rather than realising their investment after securing development approval for the site the backers will now stay in the project as it readies to launch in 2023.
Address: 60 Queen Street, Brisbane, QLD 4000
Developer: Charter Hall
Architect: Blight Rayner
Building type: Commercial (24,500sq m), Retail (2150sq m)
Height: 35-storeys (115-metres)
Gross development value: Unknown
Status: Approved
Estimated completion: Unknown
251 Wickham Street
Brisbane-based developer Cornerstone has plans before the council for a major commercial project in Brisbane’s Fortitude Valley. The development is slated for a 1357sq m site between 251 to 253 Wickham Street, together with part of 47 Warner Street, currently occupied by a derelict and dilapidated building.
Address: 251 Wickham Street, Fortitude Valley, QLD 4006
Developer: Cornerstone Group, Pidson Investments
Architect: Bureau Proberts
Building type: Commercial (14,550sq m), Retail (90sq m)
Height: 28-storeys (123.4-metres)
Gross development value: Unknown
Status: Planning
Estimated completion: Unknown
895 Ann Street
Address: 895 Ann Street, Fortitude Valley, QLD 4006
Developer: DWS, Consolidated Properties Group
Architect: John Wardle Architects
Building type: Commercial (24,000sq m)
Height: 15-storeys (49.5-metres)
Gross development value: $260 million
Status: Under construction
Estimated completion: 2023
360 Queen Street
Charter Hall and Investa Commercial Property Fund’s Queen Street tower is quickly taking shape. The joint venture acquired the 2150sq m site in June, 2017 for $53.75 million. The project will deliver 45,000sq m of A-grade office space, a publicly accessible retail component within its podium, childcare centre, supermarket, and indoor sport and recreation centre.
▲ The development will feature vibrant sky parks at different levels, a public podium, retail marketplace, supermarket, indoor sport and recreation, child care facilities and more.
Address: 360 Queen Street, Brisbane, QLD 4000
Developer: Charter Hall, Investa
Architect: Blight Rayner
Building type: Commercial (45,000sq m)
Height: 28-storeys (92-metres)
Gross development value: $650 million
Status: Under construction
Estimated completion: 2023
Albion Exchange
Geon Property will soon break ground on the first stage of its $750-million residential project in Brisbane’s inner north, after winning approval for the two-tower mixed-use development earlier this year. The transit-oriented development, which will be delivered over 15 years, will revitalise a 4900sq m state government-owned development site adjacent to the existing Albion train station.
▲ The first stage of the Albion Exchange development was given the green light from Brisbane City Council in early 2020.
Address: Albion Train Station, Albion, QLD 4010
Developer: Geon Property
Architect: Hames Sharley
Building type: Residential (253 apartments), Transport, Retail,
Height: 20-storey (66-metres), 19-storey (62.7-metres)
Gross development value: $750-million
Status: Approved
Estimated completion: 2035 (10-stages)
443 Queen Street
Cbus Property’s $375-million residential tower, consisting of 264 apartments, will include a private dining room, catering kitchen, outdoor lounge cabanas, a gymnasium and 25m pool perched on the river’s edge. The building was recently awarded a 6 Star Green Star design rating by the Green Building Council of Australia, the first residential building in Australia to be recognised with this rating.
▲ Amenities for residents include a private dining room, catering kitchen, outdoor lounge cabanas, a gymnasium and 25-metre pool perched on the river’s edge.
Address: 443 Queen Street, Brisbane, QLD 4000
Developer: Cbus Property
Architect: WOHA Architects, Architectus
Building type: Residential (264 apartments)
Height: 47-storey (155-metres)
Gross development value: $375-million
Status: Under construction
Estimated completion: 2021
NPAV
The state government-funded New Performing Arts Venue (NPAV), a new $150-million theatre, is currently being built as part of the Queensland Performing Arts Centre (QPAC). The 1500-seat theatre will make the QPAC precinct the largest performing arts centre in Australia and is expected to deliver capacity for an extra 260 performances annually.
▲ More than $73 million in contracts have been awarded to local industries, utilising local consultancies, sub-contractors and Queensland products to build the new theatre.
Address: Corner of Grey and Russell Street, South Brisbane, QLD 4101
Developer: Queensland Government
Architect: Snøhetta, Blight Rayner
Building type: Theatre (1500-seats)
Height: 6-storeys (19.8-metres)
Gross development value: $150 million
Status: Under construction
Estimated completion: 2022
44 Roma Street
Plans for a 26-storey slimline hotel in the Brisbane CBD just outside the Roma Street priority development area are under assessment. The 44 Roma Street application envisages a double-storey glass entrance to the tower, which has a ground floor foyer, cafe and lounge bar leading up to 212 hotel suites
▲ The hotel would include 212 hotel suites along with a ground floor restaurant and bar.
Address: 44 Roma Street, Brisbane, QLD 4000
Developer: Contal Properties
Architect: Buchan
Building type: Hotel (212-guest rooms)
Height: 26-storey (85.8-metres)
Gross development value: Unknown
Status: Planning
Estimated completion: Unknown
58 Morgan Street
The Catholic Archdiocese of Brisbane has approval to build a commercial building alongside St Patrick’s Church in Fortitude Valley. Brisbane City Council approved the mixed use building, which includes function space, a rooftop garden and public realm as well as two basement levels of parking on the site of the state-heritage-listed St Patrick’s Church at 58 Morgan Street.
▲ The eight-storey tower features a communal rooftop garden with views to the gothic church below and Brisbane’s CBD.
Article Source: www.theurbandeveloper.com
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