<a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> has lodged plans for a $750 million, three-tower mixed-use precinct that would complete the long-running redevelopment of Carlton's former Carlton United Breweries site.

The proposal at <a href="https://www.apartments.com.au/new-apartments/185-195-queensberry-street-carlton-vic-3053">46-78 Bouverie Street and 185-195 Queensberry Street</a> spans a 6,468 sqm site, the last remaining undeveloped parcels within the former brewery's 2007 masterplan.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the development will comprise two purpose-built student accommodation towers and a third build-to-sell apartment tower above a shared commercial podium and basement.

Across the three towers, SP Setia is proposing 606 build-to-sell apartments and 1,499 student accommodation units containing 2,009 beds.

The apartments will sit in the tallest tower, which will rise nearly 200m and 55 storeys. It will become&nbsp;one of the more substantial new build-to-sell apartment projects at the northern edge of Melbourne's CBD.

The apartment mix is weighted toward smaller inner-city product, with 188 studios, 206 one-bedroom apartments, 192 two-bedroom apartments and 20 three-bedroom apartments

<img alt="First look: SP Setia plans three-tower finale for Carlton’s former CUB precinct" data-entity-type="file" data-entity-uuid="8271bc87-1b0a-41b7-ac73-a425ee375261" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_2.png?VersionId=G4lw23o90B1boX4k4dj7rdz2ZEajS9wy" />

Part of the precinct will be a large-scale&nbsp;3,684 sqm supermarket and a further 2,198 sqm of speciality retail, creating close to 5,900 sqm of new commercial space within the precinct.

But one of the biggest components of the proposal is what sits between the buildings.

Around 4,650 sqm, or roughly 72 per cent of the site, will be publicly accessible open space, incorporating plazas, pedestrian connections, landscaped laneways and retail spill-out areas.

The ground plane is intended to finally complete pedestrian connections envisaged when the CUB masterplan was first approved nearly two decades ago, stitching together Victoria Street, Queensberry Street, Bouverie Street and Swanston Street through the former brewery precinct.

Urbis said the development would "complete the CUB precinct", with the public realm providing important north-south and east-west connections through what is currently the final undeveloped portion of the masterplanned site.

SP Setia is also exploring a new linear park within the Bouverie Street road reserve, with the concept to be developed further with the City of Melbourne through the planning process.

The proposal is being pursued through the Victorian Government's Development Facilitation Program under Clause 53.23 for significant residential development with affordable housing.

The planning report acknowledges the proposed heights exceed those contemplated under the original Comprehensive Development Plan and masterplan, but argues the built-form context has changed considerably over the past two decades.

Urbis said the three towers would instead create a stepped transition between Carlton and the Hoddle Grid, rising progressively from the 94.1-metre Tower One along the Queensberry Street edge to the 199.44-metre Tower Three closer to the established CBD-scale buildings to the south.

<img alt="SP Setia" data-entity-type="file" data-entity-uuid="e885a07a-592c-40fc-bf82-e6dbaf32da54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.52.24%E2%80%AFAM.png?VersionId=7s_ErUkSKAdY1mAWp3GRZgMNCGtwhk5m" />

SP Setia plans to deliver the development across three stages.

Stage One would deliver the basement, podium and retail areas for the entire precinct alongside the first student tower. Tower Two would follow in Stage Two, before the 606-apartment Tower Three is delivered as the final stage.

If approved and delivered, the project would close out a redevelopment process that has been underway since the former brewery masterplan was approved in 2007, adding more than 2,600 student beds and apartments to a precinct already home to Swanston Central, the Barak Building, RMIT Design Hub and several large student accommodation developments.

&nbsp;

&nbsp;

Joel Robinson

SP Setia plans three-tower finale for Carlton’s former CUB precinct

Melbourne developer Lowe Living is seeking to add to its growing bayside apartment pipeline, filing plans for a boutique eight-residence development in tightly held Middle Park.

Lowe Living, which has built much of its development portfolio across Melbourne's affluent bayside and south-east suburbs, is behind the plans for the 730 sqm site at <a href="https://www.apartments.com.au/new-apartments/123-125-erskine-street-middle-park-vic-3206">123-125 Erskine Street</a>, just off Armstrong Street and within the Armstrong Street Neighbourhood Activity Centre.

The developer is seeking approval for a five-storey residential building above two basement levels, with just eight large-format apartments and 18 car spaces.

“This is a deliberately very different proposition for us,"&nbsp;Tim Lowe, Co-Founder of Lowe Living, said.

"Eight residences is exceptionally boutique, but that's precisely what this site calls for.

“There is a strong community in Middle Park and the surrounding suburbs who have spent decades building a life here. They no longer want the maintenance of a large period home, but they aren't prepared to compromise on space, quality or location. We think there is a real opportunity to capture that hyper local market. A site like this rarely comes to market.”

<img alt="Lowe " data-entity-type="file" data-entity-uuid="875fe572-0f14-4d90-9e11-55b28dd07731" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.42.49%E2%80%AFAM.png?VersionId=GDNQRv9BfpR9r1zkZ5UDyUM4ZvpIksut" />

The low-density proposal has been designed by Cera Stribley and is being progressed through the Victorian Government's Great Design Fast Track pathway, having already secured eligibility from the Minister for Planning.

The Office of the Victorian Government Architect supported its eligibility after finding the proposal demonstrated consistency with the program's seven design principles, while the project's financial feasibility has also been independently confirmed by Invest Victoria.

The project is targeting the downsizer market, with the planning documents describing the homes as larger-format residences and noting the two penthouses could otherwise have been configured as four separate apartments.

<img alt="Lowe 2" data-entity-type="file" data-entity-uuid="60ab0987-2da6-4175-adac-315dcf6053c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.15%E2%80%AFAM.png?VersionId=bOCPH0B2MFwlmaRW.TTCF9TzyifgVoQI" />

The site has dual frontage to Erskine Street and Canterbury Place and currently comprises a collection of commercial buildings used as offices, including a former heritage bakehouse, a former stable, a later gabled addition and a central courtyard.

It sits within the Commercial 1 Zone and the Armstrong Street Commercial Precinct heritage overlay, with the existing property classified as a contributory heritage place.

Heritage has subsequently played a significant role in Cera Stribley's design.

The front section of the former bakehouse facing Erskine Street will be retained, including its return walls, street-facing hipped roof and chimneys, while the Erskine Street façade and part of the western return wall of the former stable will also be incorporated into the new development.

Levels four and five will be set back five metres from the retained stable façade, while bricks removed through demolition are proposed to be salvaged and reused within the new building where possible.

<img alt="Lowe 3" data-entity-type="file" data-entity-uuid="e97927a9-a2de-4a0f-83b6-65451238abfa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.06%E2%80%AFAM.png?VersionId=VR44AChLrX9q1XPB9GvVQV.ALXXbe4gC" />

Rather than presenting as a single five-storey building to Erskine Street, Cera Stribley has broken the development into a series of distinct forms.

A three-storey infill element will sit between the retained bakehouse and stable façades, with the upper levels recessed behind the heritage fabric. Canterbury Place will similarly feature two three-storey podium forms, separated by a central pedestrian accessway, before the upper two levels step back from the street.

A pedestrian through-link will run through the centre of the project between Erskine Street and Canterbury Place, creating entrances from both sides of the site and introducing landscaping and communal areas through the ground plane.

Landscape architect Acre has designed planting across the ground level, private terraces and upper levels, including a feature canopy tree at level three and integrated planting and arbours across the level four terraces. Five existing Erskine Street trees are proposed to be retained.

Sustainability is also a significant component of the Great Design Fast Track application. The apartments are targeting an average eight-star NatHERS rating, with no residence below 6.5 stars, while the project has achieved a 75 per cent BESS score. Seven of the eight apartments are designed for cross-ventilation, with the remaining residence using mechanically assisted natural ventilation.

The plans also incorporate an 8kWp rooftop solar system, a 5,000-litre rainwater tank and infrastructure allowing future electric vehicle charging for every residence.

Lowe has a strong portfolio across Melbourne's blue-chip suburbs. They recently launched <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House by Lowe Living</a> in Camberwell, their first development in the Stonnington LGA.

Lowe Living unveils Middle Park apartment development

Article summary

<ul data-end="888" data-start="289">
	<li data-end="442" data-section-id="8tsh6o" data-start="289">DVB Projects is preparing to launch its second Gold Coast apartment development, with demolition now underway at 137 Old Burleigh Road, Broadbeach.</li>
	<li data-end="573" data-section-id="1nyxl3e" data-start="443">The 34-level tower will comprise just 49 ultra-luxury residences, including half-floor, full-floor and penthouse apartments.</li>
	<li data-end="717" data-section-id="oiyimj" data-start="574">The launch follows strong demand at DVB's nearby Sea Glass project, which is more than 50 per cent sold and currently under construction.</li>
	<li data-end="888" data-section-id="epk9o9" data-start="718">The development adds to the transformation of Old Burleigh Road, with premium beachfront apartment projects continuing to reshape the tightly held Broadbeach strip.</li>
</ul>

<a href="https://www.apartments.com.au/developers/dvb-projects">DVB Projects</a> is preparing to launch its second Gold Coast apartment development, with demolition now underway on the Broadbeach site as the Sydney developer moves closer to bringing the ultra-luxury project to market.

The 34-level tower at <a href="https://www.apartments.com.au/new-apartments/137-old-burleigh-road-broadbeach-qld-4218">137 Old Burleigh Road</a> will comprise just 49 residences, ranging from half-floor apartments through to full-floor homes and a penthouse. The launch follows the strong sales performance of DVB's nearby Sea Glass development. More than half of the apartments at Sea Glass, on the other side of Broadbeach, have been snapped up, well ahead of its late 2027 completion

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="2944b4be-c84e-4b54-8dc1-c712e76704c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E02_Exterior_Street%20Level%20Entrance.jpg?VersionId=YoNig7pRdrE3HCue7sUj78LzJteeQf3H" />

The start of demolition at 137 Old Burleigh Road signals DVB Projects’ underlying confidence in the Gold Coast’s luxury beachside apartment sector.

“We see the Gold Coast as one of the most compelling lifestyle markets in Australia, particularly at the premium end where demand continues to deepen,” said Dean Brown, Managing Director of DVB.&nbsp;

“This project has been carefully designed to respond to that demand - delivering large-format residences with a level of quality, privacy and amenity that is still relatively rare in the apartment market on the beachside."

Brown says the site itself is "exceptional."

"Old Burleigh Road is one of the most tightly held beachfront strips, and opportunities to deliver a project of this scale and calibre in this location are extremely limited.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="398f377a-c037-455e-9250-0c5e0d84c35b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/I12_FF%20Balcony.jpg?VersionId=NwOiRWGMubR1c8wthuEfggklcja7al9." />

The project will comprise 40 half-floor residences of approximately 260 sqm, alongside eight full-floor residences spanning around 524 sqm.

A single penthouse will crown the building, featuring a private pool, barbecue area, indoor gym and dedicated entertaining spaces.

Residents will have access to a resort-style suite of amenities, including a 20-metre pool with daybeds, a gymnasium, hot and cold plunge pools, a sauna, and private residents’ lounge and dining facilities.

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="d1642bb0-9a66-4427-a022-dfc0988c6287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A02_Pool%20to%20View.jpg?VersionId=c0IXPyn_Gp_Kn3XCwzMrqIVkAdCEwVXP" />

Sales agent Todd Matheson, of <a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a>, which is marketing both 137 Old Burleigh Road and Sea Glass, said 137 Old Burleigh Road would address a clear gap in the market for genuine luxury products.

“There are very few opportunities on the Gold Coast where buyers can secure a residence of this size and quality in a new building,” Matheson said.

“What we’re seeing is a growing cohort of downsizers and interstate buyers who still want space - they’re not willing to compromise on living area, entertaining or finishes.

“This project has been designed with that buyer in mind. It offers the scale of a home, combined with the convenience and security of apartment living, in one of the coast’s most desirable positions.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="59aae0ca-5639-4320-8aca-d0bf60f48e43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E01_Exterior%20Hero.jpg?VersionId=DS8Zfy2WtgUEtdfe0TEUuf1W1GfcZq8S" />

Located on a 1,156 sqm site one block from the beachfront, the development will replace an ageing walk-up building and is expected to contribute to the ongoing transformation of the Old Burleigh Road strip into one of the Gold Coast’s most prestigious residential corridors.

With the development moving into the delivery phase, 137 Old Burleigh Road is slated to hit the market later this year.

[smartcode_project_cta:default project_id=145141]

DVB Projects to launch second Broadbeach apartment tower as demolition commences

<a data-end="327" data-is-only-node="" data-start="250" href="https://www.apartments.com.au/developers/norus-projects" rel="noopener" target="_new">Norus Developments</a> has lodged plans for a new apartment development in Clayton that would add further momentum to the suburb's emerging Green Street corridor.

Plans have been lodged for the consolidated site at <a href="https://www.apartments.com.au/new-apartments/1359-1365-centre-road-clayton-vic-3168">1359-1365 Centre Road</a>, where Norus is seeking approval for 218 apartments across a 12-storey apartment building designed by <a href="https://www.apartments.com.au/architects/life-architecture-and-urban-design">Life Architecture</a>.

The proposal sits within the Clayton Major Activity Centre at the threshold of the planned Green Street corridor, a landscaped pedestrian connection intended to improve links through the precinct towards Clayton Railway Station.

The development would replace the site's existing collection of low-scale residential and commercial buildings with a single consolidated building, introducing significantly greater housing density to this part of Centre Road.

A retail tenancy is proposed at ground level to activate the Centre Road frontage, accompanied by transparent street interfaces and landscaping intended to create a more pedestrian-focused edge to the development.

<img alt="First look: Norus Developments plans landscape-led apartment project for Clayton’s emerging Green Street" data-entity-type="file" data-entity-uuid="0a5a763a-d9e9-4253-af2f-88008de27ebf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Clayton%20a.png?VersionId=S2WJJbat1XVkZwB9SnYtygirXgWHiklX" />

The building has been designed with stepped massing and upper-level setbacks to manage its transition towards surrounding residential properties. The planning report describes the approach as one that integrates the building into the landscape rather than treating landscaping as a secondary element.

"A strong landscape and public realm strategy underpins the proposal," Urbis states in the planning report.

"Public benefits include an affordable housing contribution, a new pocket park, generous landscaped setbacks, deep soil planting and integrated Water Sensitive Urban Design."

The report adds that these elements are intended to create "a permeable, pedestrian-focused ground plane that enhances walkability, supports urban cooling and reinforces the emerging Green Street character."

Biophilic and passive design principles extend through the residential levels, with planting, daylight, natural ventilation and views towards landscaped areas forming part of the amenity strategy.

Parking would be concentrated away from the public realm, with 145 car spaces proposed from the rear laneway rather than dominating the Centre Road frontage.

The proposal follows an extensive pre-application process with the City of Monash. Three formal meetings were held between the project team and Council from December 2025 to March 2026, with the scheme evolving through several concept iterations before the current design was lodged.

The project arrives as Clayton prepares for substantial change around its established activity centre and the wider Suburban Rail Loop precinct. Its position on Centre Road places the development within an existing concentration of shops, services and public transport, while the Green Street connection is intended to strengthen pedestrian access towards Clayton Railway Station.

First look: Norus plans landscape-led apartment project for Clayton’s emerging Green Street

<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> has officially commenced construction on Bronze on Chevron, celebrating the sod turning of its first-ever Gold Coast development and marking a significant milestone in the company's continued expansion across South East Queensland.&nbsp;

Following the successful delivery of premium residential developments throughout Brisbane and the Sunshine Coast, <a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-chevron-island-qld-4217">Bronze on Chevron</a> represents Gardner Vaughan Group's entry into the Gold Coast market. Bronze will deliver 119 one, two, three and four-bedroom apartments above two ground-level retail tenancies.

[smartcode_project:default project_id=107520 project_image_fid=367193]

The recent sod turning ceremony was attended by Deputy Mayor Mark Hammel, President of the Surfers Paradise Surf Life Saving Club, Cassandra Sedgman, project consultants, purchasers, project partners and invited guests to celebrate the commencement of construction.&nbsp;

Gardner Vaughan Group Chief Executive Officer Simon Betteridge said Bronze on Chevron represented an exciting new chapter for the business.&nbsp;

"We've spent almost four decades building homes that respond to the way people want to live, and we're excited to bring that experience to <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>," Betteridge said.

"Bronze on Chevron is particularly significant because it marks Gardner Vaughan Group's first development on the Gold Coast following many successful projects across Brisbane and the Sunshine Coast."

[smartcode_project:default project_id=107520 project_image_fid=367183]

Betteridge said the ground breaking is a proud moment for the&nbsp;team and their purchasers, who can now see their future homes beginning to take shape.&nbsp;

"As both developer and builder, we're able to oversee every aspect of the project from design through to construction, ensuring the quality and attention to detail Gardner Vaughan Group has become renowned for."&nbsp;

Designed by acclaimed architectural practice <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, Bronze on Chevron has been thoughtfully designed to complement Chevron Island's evolving streetscape while embracing its relaxed coastal lifestyle.

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029.&nbsp;

[smartcode_project_cta:default project_id=107520]

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029

Gardner Vaughan Group breaks ground on first Gold Coast development, Bronze on Chevron

Brisbane

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Queensland Rugby Union CEO Richard Barker and wife Tracey have listed their inner-city Brisbane home, just south of the Gabba.
Tracey, a keen decorator, oversaw the renovations of the 1900s Woolloongabba Queenslander that cost the couple $850,000 in 2012.
Their five kids have now grown up and moved out. 
A swimming pool and cabana sit on the 615 square metre parcel.
The home has four bedrooms, three bathrooms and a front and rear deck.
Glynis Austin Properties agent Glynis Austin has the listing.
Richard Barker was the general manager of Southern Cross Austereo before being made CEO and QLD Rugby Union in 2016.
The home, which has city Glimpses and cooling breezes, along with charming street appeal, is just one of a dozen for sale in Woolloongabba.
The empty nesters are ready for their next project.
This article first appeared in The Weekend Australia. 
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firstname1-iYD4UYzvBa

Rugby Union boss lists Brisbane home

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GUEST OBSERVATION
Thirty years ago today Queen Elizabeth II opened the World Expo in Brisbane, Australia. The six-month event attracted more than 15 million people to the city’s South Bank. World expos have a long and prestigious history as urban development vehicles, and the 1988 edition helped to shape Queensland’s capital.
Expos remain popular even if the basic premise – nations gathering in one place to display their technological innovations – now seems outdated. Expo 88 was an event in both senses of the word. It was a planned occasion with a specific theme, but it was also a pivotal moment – a point from which things were never the same again for the host city.
This article explains the significance of Expo 88 and outlines why other cities should pay attention to this example of event-led urban regeneration.
A ‘free-enterprise expo’
Expo 88 was conceived hastily after Brisbane hosted the 1982 Commonwealth Games. The success of the Games had impressed Queensland’s pro-development leadership who were keen to reposition their capital as a world city, rather than a regional centre.
Brisbane’s A$645 million World Expo was part of Australia’s bicentennial celebrations, but the project was conceived and organised at the state level. The Queensland government’s support for the project came with one proviso: this had to be a “free-enterprise expo”, one that paid for itself. Perhaps surprisingly, given the track record of big events like expos and Olympic games, this was achieved.
Expo 88 was a success, not just because targets for participating nations, corporations and attendees were exceeded, but because the event was genuinely loved. People liked the pavilions and the formal entertainment, but they loved the riverfront setting, the animated walkways, and the festive atmosphere.
An academic study 15 years after the event found that memories were both strong and positive. One participant summed up the general feeling: “I remember being happy.”
It’s hard to find anyone in Brisbane who has a bad word to say about Expo 88. Given that most mega-events tend to divide opinion, that’s a considerable achievement.
Sustaining the spectacle
Expo 88 was a temporary event but it changed Brisbane culturally and physically. It redefined the city as one oriented towards culture and leisure, turning citizens into cosmopolitan consumers. The expo also helped to create South Bank Parklands – a 40-hectare site that is now the city’s most popular leisure precinct.
However, the relationship between Expo 88 and South Bank is more complicated than is often assumed.
The original legacy plan was to sell the riverside expo site to developers. They wanted to create a tourist precinct typical of those that now dominate the world’s post-industrial waterfronts.
But the expo raised expectations and created a public appetite for a South Bank that could replicate the sociable festivity that people had enjoyed in 1988. The expo was now part of the city’s psyche.
This forced the (new) government to change the plans. A revised master plan was conceived – formulated by a company that specialised in theme park design – with half of the site retained as open space.
The behaviours, emotions and expectations engendered by Expo 88 influenced the reconfiguration of the site.
Time to think again
The parklands that opened in 1992 were a success at first, but flaws in the master plan, a failure to attract a broad range of users, and the lack of commercial revenue forced a rethink. The development corporation responsible for the site adopted a new vision – one to which contemporary cities should pay close attention. By designing a place that appealed to locals, and that was properly integrated into the surrounding area, officials assumed that tourists would be attracted too.
The revised plan worked. South Bank Parklands is now a much-loved and heavily used part of Brisbane.
This is not a relaxing and tranquil space; it does not provide a way of escaping the city like Central Park in New York does. This is a precinct that hosts playgrounds, picnic lawns, event venues, urban beaches, paddling pools and cafes. It is Brisbane’s playground – used by locals and visitors – providing free fun by the bucketload.
Behind the carnival mask
Before touting Expo 88 as an exemplar for future projects, it is important to note less positive aspects that might be conveniently forgotten in oversimplified policy lessons.
Like many other mega-event projects and waterfront schemes, the development of Brisbane’s South Bank displaced low-income groups and “scruffy” industries which were swept aside by a growth regime intent on property development and new investment.
To justify the project, the existing site had to be denigrated. The Expo 88 souvenir program described it as “an area of derelict dockyards, unacknowledged brothels and disreputable hotels”. Only by representing South Bank as an area that was decaying, depraved and worthless could such large–scale transformation be justified.
Cities pursuing mega-projects today continue to use this dubious tactic.
Lessons for other cities
Expo 88 offers multiple lessons for urban authorities contemplating similar projects. Three stand out:
<ol>
<li>
Revenues from ticketing, sponsorship, merchandising and property sales funded the expo – proving that mega-events don’t have to leave governments indebted.
</li>
<li>
Expo 88 demonstrated that temporary events change public expectations of urban space, which can drive permanent changes to the cityscape.
</li>
<li>
The case highlights an important urban design principle: successful tourism spaces can be created by focusing first on attracting locals.
</li>
</ol>
<img src="https://counter.theconversation.com/content/95430/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1">This World Expo project was hastily conceived, and legacy plans had to be changed several times, but the creation of South Bank Parklands means Brisbane is still partying like it’s 1988.
Andrew Smith, Reader in Tourism and Events, University of Westminster
Judith Mair, Senior Lecturer in Event Management, The University of Queensland
This article was originally published on <a href="http://theconversation.com" target="_blank">The Conversation</a>. Read the <a href="https://theconversation.com/celebrate-88-the-world-expo-reshaped-brisbane-because-no-one-wanted-the-party-to-end-95430" target="_blank">original article</a>.
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j.ballantyne1990-6AQqhLzZaK

The ’88 World Expo reshaped Brisbane because no one wanted the party to end

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Two individual adjacent freestanding office buildings in South Brisbane have been sold as a package deal to a Brisbane-based organisation.  
The properties located on Peel Street were offered for sale through Gregory Woods and Robert Dunne of Savills.
Woods said the campaign attracted 81 enquiries from both developers and local businesses due to the near-city location and strong redevelopment prospects.
Buyers were being told more than $4 million would secure the acquisition.
Woods said the new owners beat four other bidders to secure the properties, and intend to refurbish and occupy one building, and lease out the adjoining property.
“The properties presented an attractive opportunity for owner occupiers, with the added opportunity to generate rental income from the second building," adding the new owner can do this while maintaining a medium term redevelopment play with the Principle Centre zoning providing a 10 storey height limit
The properties total a combined site area of 910sq m, with each property covering 455sq m and offering a net lettable area of 360sq m and 313sq m respectively.
 
 
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Savills secure two-in-one South Brisbane deal

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Brisbane's outer suburban Mango Hill is playing host to a major development application that is likely to rank amongst the largest Australia-wide for 2018. The application also reinforces the trend of large-scale apartment projects landing in growth corridor suburbs on the perimeter of Brisbane and Sydney in particular.

Moreton Bay Regional council fielded the application in the past fortnight for 700 plus apartments in the staged development.

Entity Mango Hill Property Pty Ltd is backing the development which is sited across a massive vacant 41,710 square metre plot which has multiple street frontages. Brisbane City-based Ellivo Architects has designed the development which is expected to be delivered over 13 separate stages.

<h2>1785 Anzac Avenue, Mango Hill application summary</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image94_3.jpg" rel="gallery-all" title="Application image: Ellivo Architects"><img alt="" class="image-article-full-width-580px" height="353" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image94_3.jpg?itok=l6DIpfsN" title="Application image: Ellivo Architects" width="580"></a>

<figcaption>Application image: Ellivo Architects</figcaption></figure><ul>
<li>Site area: 41,710sqm</li>
	<li>Anzac Avenue &amp; Mango Hill Boulevard frontages</li>
	<li>13 buildings to 6 levels in height</li>
	<li>715 apartments: 179 x 1BR, 480 x 2BR, 56 x 3BR</li>
	<li>2 retail tenancies amounting to 183.7sqm</li>
	<li>843 car parking bays across basement levels</li>
	<li>4 communal spaces</li>
	<li>Total GFA: 62,698sqm</li>
</ul>
<h2>Design intent</h2>

<blockquote>
Within this framework, Ellivo Architects developed an overall vision for the project which, identifies the key design themes and traits that will help create unique sense of place within the community and establish the bench mark for higher density residential development within the Mango Hill / North Lakes area.

Amongst other things, the vision document identifies the following key design elements which have informed the overall aesthetic and design:

<ul>
<li>Precinct Creation – Each of the communal areas are linked through a consistent landscape expression that continues through the site.</li>
	<li>Cohesion, simple and refined – It is important to establish a common thread of materials and forms that are refined and recognisable.</li>
	<li>Human scale individuality – The units located on the lower two levels of each building will directly interface with the street edge.</li>
	<li>An entry within the landscape – each entry is to sit as a feature within the landscape, marking the entry to each building as a focus point that draws you into the building.</li>
</ul>
PSA Consulting Australia - Planning report
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image96_0.jpg" rel="gallery-all" title="Staging plan. Image: Ellivo Architects"><img alt="" class="image-article-full-width-580px" height="250" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image96_0.jpg?itok=XlqHfoBA" title="Staging plan. Image: Ellivo Architects" width="580"></a>

<figcaption>Staging plan. Image: Ellivo Architects</figcaption></figure><h2>Popular in in QLD and NSW, but not so Victoria</h2>

The Mango Hill application is very much reflective of the development model applied to outer suburban apartment projects nationwide in that multiple medium-rise buildings are envisaged in order to roll the project out progressively. 

The strengthening trend of low and mid-rise higher density apartment developments creeping into peripheral suburbs across both Brisbane and Sydney is not necessarily the case in Melbourne's outer suburbs though. Comparatively few apartment projects have made it into Melbourne's growth area corridors.

MAB Corporation's Merrifield and GPC's Mason Point developments well north of Melbourne's CBD is the notable exceptions; since inception they have included higher density living options.

The Mango Hill proposal inserts itself into an area light on for high density development, but heavy with other uses such as education, retail and transport. It underlines Brisbane's drift toward peripheral higher density living, but Sydney is by far and away the most advanced Australian city in this regard.

Multiple locations can be cited where greenfield development applications are heavy with apartment projects. Camden City council's Leppington is a prime example; Urban.com.au keeping tabs on six separate major projects amounting to 1,200 plus apartments within the suburb which is  55 kilometres south-west of Sydney's CBD.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image46_10_0.jpg" rel="gallery-all" title="Leppington's 202 Byron Road. Application image: Rothelowman"><img alt="" class="image-article-full-width-580px" height="363" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image46_10_0.jpg?itok=5jxjIY_3" title="Leppington's 202 Byron Road. Application image: Rothelowman" width="580"></a>

<figcaption>Leppington's 202 Byron Road. Application image: Rothelowman</figcaption></figure>
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silvermb

Mango Hill shapes as one of the nation's largest applications for 2018

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Today marks the official commencement of construction across the Kinnears site in Footscray.

After years of laying dormant, developer R&amp;F Property Australia will turn the sod on the multiphased project which is valued at $750 million. Christened Live City, the development will see various aspects of the 1908 former Kinnears Ropeworks building retained or amalgamated into numerous residential buildings slated for the site.

Ultimately the urban regeneration project may include as many as 1,450 apartments plus retail, commercial office space and multiple publicly accessible areas.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image59_4.jpg" rel="gallery-all" title="Live City's initial construction stage. Image: R&amp;F Property"><img alt="" class="image-article-full-width-580px" height="912" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image59_4.jpg?itok=xU9llV2X" title="Live City's initial construction stage. Image: R&amp;F Property" width="580"></a>

<figcaption>Live City's initial construction stage. Image: R&amp;F Property</figcaption></figure><blockquote>
The development comes with a vision to create a sustainable hub that integrates seamlessly with the surrounding local neighbourhood, along with increased housing and amenity for Melbourne’s inner west.

We want to create lively communities that have good transport connections, shops, cafes and access to employment and education facilities.
<cite>R&amp;F Property Australia Vice President Thomas Chiu</cite>
</blockquote>

Designed by Elenberg Fraser, the entire project is to be delivered over the next 6-8 years and includes six separate precincts.

Urban.com.au noted that builder LU Simon was <a href="/news/kinnears-and-victoria-square-add-to-footscrays-construction-upswing">onsite as of late February</a> for enabling works, with construction proper now set to commence. Expected within the first stage of Live City which accounts for the western portion of the massive 33,393 square metre site are 208 apartments across three buildings.

LU Simon's aspect of the build reaches 15 levels, with future buildings across the site ranging between eight and eighteen storeys. Currently, demolition works are in progress elsewhere across the site, gradually removing the structure that formerly housed the rope manufacturer. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/live_city_3_preview_0.jpeg" rel="gallery-all" title="Aerial overview of the development in its entirety. Image: R&amp;F Property"><img alt="" class="image-article-full-width-580px" height="390" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/live_city_3_preview_0.jpeg?itok=qXXBxyqI" title="Aerial overview of the development in its entirety. Image: R&amp;F Property" width="580"></a>

<figcaption>Aerial overview of the Footscray development in its entirety. Image: R&amp;F Property</figcaption></figure>Post purchasing the Kinnears site from AXF Group during 2016 for a <a href="http://www.afr.com/real-estate/residential/richard-gu-nets-60m-for-footscray-development-site-20140722-jjllw">reported $60 million</a>, <a href="/buildings/live-city-124-188-ballarat-road-footscray">Live City</a> represents R&amp;F Property Australia’s first Melbourne project. Between site purchase and construction commencement R&amp;F Property Australia went through the planning process which included consultation with Maribyrnong City Council and Heritage Victoria in order for all parties to be satisfied with heritage aspects of the development.

Live City's commencement will see it be delivered in unison with another upcoming R&amp;F Property Australia project, in Brisbane's West End.

Earlier this month the developer confirmed intentions for the $500 million mixed-use precinct which spans 1.6 hectares. Expected to accommodate in excess of 1,000 apartments and a new public realm to the Brisbane River under the approved masterplan, R&amp;F Property Australia are chasing adjustments to the masterplan which includes a public plaza and retail/restaurant spaces.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image56_6.jpg" rel="gallery-all" title="Brisbane's West End development. Image: R&amp;F Property"><img alt="" class="image-article-full-width-580px" height="348" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image56_6.jpg?itok=iQOTdWGi" title="Brisbane's West End development. Image: R&amp;F Property" width="580"></a>

<figcaption>Brisbane's West End development. Image: R&amp;F Property</figcaption></figure>Both the Kinnears and West End projects are in addition to Brisbane 1, which is R&amp;F Property Australia’s maiden Australian development. Hutchinson Builders are in charge of the build which will deliver 744 apartments across 3 towers and which has a 2020 targeted completion date.

R&amp;F Property Australia's penchant for large-scale projects will see their current apartment pipeline across the three Melbourne and Brisbane developments swell beyond 3,000 apartments, with further land holdings in both cities likely to bolster that figure further in years to come.
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Live City Footscray begins construction, pushing R&F's current apartment pipeline beyond 3,000

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Hub Australia has announced it has secured its first site in Brisbane.
It is a 3,900 square metre space at 200 Adelaide Street which is part of the Anzac Square heritage complex.
Entering the Brisbane market for the first time, Hub Australia will take three levels at Charter Hall’s AnzacSquare building.
It comes with direct access to Central Station and a rooftop café. 
The new coworking space, opening in late 2018, follows recent announcements regarding new locations at 162 Collins Street, Melbourne (3,500sqm), 1 Nicholson Street, Melbourne (2,700sqm), and the opening last week of Hub Australia’s new Sydney space, some 4,800sqm located at 223 Liverpool Street. 
This will take Hub Australia’s national footprint to over 20,000sqm, said Hub Australia CEO and Founder, Brad Krauskopf.
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Brad Krauskopf at 200 Adelaide St (pictured above).
John Preece, Chief Property Officer at Hub Australia, commented that while Brisbane is home to 11% of Australia’s citybased population, and 13% of the national CBD office stock, from a coworking perspective only 4% of the national footprint is located here.
"That tells us the market is completely under serviced from a capacity perspective, and there is definitely demand for high quality coworking spaces.”
 
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Hub Australia secures its first Brisbane co-working site

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This month's announcement that University of Queensland's Sustainable Futures Building is drawing closer to reality has given cause to touch upon architecture firm Lyons' stellar design legacy across multiple Australian cities.

Lyons in association with m3architecture won the design competition for the development during late 2015, but the project has only this month received a major boost with alumni Andrew N. Liveris <a href="https://www.uq.edu.au/news/article/2018/04/historic-gift-andrew-and-paula-liveris">pledging $13.5 million</a> to take the project from design to reality. The intended 11-storey engineering, education and research hub will now be known as the Liveris Academy.

At University of Queensland's St Lucia campus, Liveris Academy is yet another project which showcases Lyons' uncommon design traits. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image20_12.jpg" rel="gallery-all" title="University of Queensland's newest addition. Image: Lyons"><img alt="" class="image-article-full-width-580px" height="367" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image20_12.jpg?itok=hFd1oZSf" title="University of Queensland's newest addition. Image: Lyons" width="580"></a>

<figcaption>University of Queensland's newest addition. Image: Lyons</figcaption></figure><blockquote>
Having won a Design Competition in late 2015, Lyons and m3architecture have now commenced Schematic Design and Design Development work on the new Sustainable Futures Building, a major investment by the University of Queensland for their School of Chemical Engineering and new campus learning spaces.

The project will be UQ’s flagship platform to integrate innovative teaching with interdisciplinary and solutions focused research by incorporating a range of collaborative spaces with overlapping boundaries between learning, research and industry.

The new spaces will act as a vibrant hub for industry and interdisciplinary collaboration that will address global challenges such as energy, water and sustainable manufacturing.
<cite>Lyons</cite>
</blockquote>

Expected to be built by 2020, Liveris Academy's multicoloured facade and sandstone base are distinctive design features. Protruding design elements are very much in keeping with Lyons' design style, as evidenced by existing projects such as Melbourne's <a href="http://www.lyonsarch.com.au/la-trobe-university-institute-for-molecular-science-2/">LIMS Building</a> and Newcastle University's <a href="http://www.lyonsarch.com.au/new-space-the-university-of-newcastle/">New Space</a> project.

In terms of Liveris Academy, an open aired staircase provides the form-breaking design aspect; it along with common spaces add to the design's standpoint of being ‘outwardly open and transparent, while inwardly intense and focused’.

Liveris Academy is but one of many Lyons projects across the nation that are readily recognisable. In shape, style and especially colour, Lyons designs are exceedingly unique. This is particularly the case with their education and research-based designs, of which a sample are shown below.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image67_4.jpg" rel="gallery-all" title="Lyons' not so uniform approach to design"><img alt="" class="image-article-full-width-580px" height="1500" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image67_4.jpg?itok=t58HY5GO" title="Lyons' not so uniform approach to design" width="580"></a>

<figcaption>Lyons' not so uniform approach to design</figcaption></figure>Next on Lyons' agenda is the position of design lead for University of Melbourne’s forthcoming New Student Precinct project. During March <a href="/news/design-team-for-university-of-melbournes-student-precinct-announced">it was announced</a> that University of Melbourne’s Parkville campus will play host to nine refurbished or redeveloped buildings which will amalgamate a range of services and university bodies.

The $229 million project will see Lyons head an expanded design team which includes United States-based Koning Eizenberg Architects, Aspect Studios, Breathe Architecture, NMBW Architecture Studio, Greenaway Architects, Glas Urban and Architects EAT.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/uom-aerial-dusk.jpg" rel="gallery-all" title="Lyons' depiction of University of Melbourne’s new $229m student precinct"><img alt="" class="image-article-full-width-580px" height="435" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/uom-aerial-dusk.jpg?itok=kMZmQzN6" title="Lyons' depiction of University of Melbourne’s new $229m student precinct" width="580"></a>

<figcaption>Lyons' depiction of University of Melbourne’s new $229m student precinct</figcaption></figure>
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Lyons expand their design legacy as Brisbane's Liveris Academy draws closer to reality

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Despite strengthening underlying demand from the perspective of people wanting to occupy apartments in the Inner Brisbane Apartment (IBA) area, record levels of new apartment completions have tipped the market into oversupply. This has placed downwards pressure on rents and prices. This paper profiles indicators relating to demand, supply, rents and prices.
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Development in Inner Brisbane occurs mainly in large scale and high rise projects in the following locations:
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CBD/Spring Hill 
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Inner East 
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Inner North 
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West End 
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Toowong 
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Woolloongabba 
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<div class="section">Click here <a href="https://www.propertyobserver.com.au/images/2018/4/5/IBA1.jpg" target="_blank">to enlarge.</a>
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APARTMENT PROFILE 
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According to recently released 2016 Census data, private rental apartments accounted for 56% of the total apartment stock in the IBA area. This was considerably higher than the 33% share in the Greater Brisbane region. This highlights a strong preference for investors to purchase apartments in the IBA. The share of private rental stock has also increased from the 54% recorded in the 2011 Census. Owner occupied dwellings formed 27% of IBA area stock, with a slightly greater share of these having a mortgage (being purchased).
Conversely, a significantly higher 59% of Greater Brisbane dwellings were owner occupied. Unoccupied dwellings—properties that are second homes or kept empty as a speculative investment—comprised 17% of total apartment stock across the IBA area, compared to 8% across Greater Brisbane. The increased number of unoccupied dwellings is reflective of the rising level of overseas demand, with many of these properties not entering the private rental market.
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DEMAND PROFILE 
The age profile of IBA apartment residents indicate that people first rent when moving into the IBA area, with 60% of rental households at the 2016 Census consisting of occupants aged 20 to 34 years old. If people remain in, or move into, the IBA area beyond 34 years of age, there is a far higher propensity to purchase an apartment.
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Households with a mortgage were mostly younger, with 52% of these apartment occupants aged 30 to 54 years old. Whilst within fully owned apartments in the IBA area, the demographic was much older, with 68% of occupants in these apartments aged 50 years old and over. 
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SUPPLY PIPELINE 
Sustained demand for apartment stock within the IBA area, with moderate growth from 2013 onwards can be attributed to attractive yields, low or volatile returns for other investments and low interest rates. The rise in off–the–plan sales allowed a greater number of projects to reach sufficient pre–commitment levels to obtain finance and begin construction. As a result, the IBA area has experienced a surge in apartment completions, with a record number of completions occurring each year in 2014/15, 2015/16 and 2016/17. Last year 5,700 apartments were completed, while in 2017/18 we estimate that approximately 8,300 apartments will be completed; a new record annual level of apartment completions. As a result, vacancy rates in Inner Brisbane have been rising and were 4% in December quarter 2017. 
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Falling rents and price growth has led to a softening in investor demand. Coupled with restrictions on interest only loans (a mainstay of investors) and the Queensland government introducing a stamp duty surcharge for overseas investors, we expect to see significantly fewer projects being able to achieve the pre-sales requirements for projects to commence. Sharply rising construction costs have also meant that developer’s margins have been eroded, impacting the next round of projects, particularly if there is a slump in prices making planned projects no longer viable.
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A marked trend through 2017/18 has been for developers to abandon or defer projects still in the planning stage. Across the IBA area, 52 projects amounting to well over 10,000 apartments were abandoned or deferred. Some investor demand for IBA apartment stock may be supported by its relative affordability in comparison to equivalent apartment stock in Melbourne and Sydney, although this is unlikely to absorb substantial new apartments stock while the market is in oversupply. 
IBA area completions are expected to fall slightly in 2018/19 and are then expected to revert closer to the longer term average of around the 2,000 completions per annum. Of all IBA precincts, the West End, CBD and the Inner North will see the highest number of apartments come to market. This will be followed by Toowong and Woolloongabba, with a relatively small number of apartments to come online in the Inner East and Hamilton precincts. 
 
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jonathanchancellor-7SQnKwU6yx

Demand, oversupply, rents and prices of inner Brisbane apartments: BIS

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A property play between Charter Hall and Investa that began mid last year with the intentions of delivering a major office tower to Brisbane's CBD reached a milestone last week.

The development partnership announced that the planning approvals process for a Blight Rayner-designed commercial tower at 360-380 Queen Street has begun. During June 2017 the duo outlaid $53.75 million for three adjoining office buildings across a 2,147 square metre site for the purposes of a commercial office development.

The result is a 41 storey skyscraper that will reach 205 metres above ground, potentially becoming one of Brisbane's tallest towers.

360-380 Queen Street is located in Brisbane's ‘Golden Triangle’ which home to a high concentration of financial institutions. Valued at $650 million, the co-owners hope to add further to the precinct with 50,000 square metres of A-Grade office space slated for the development.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image122_2.jpg" rel="gallery-all" title="Hero perspective. Planning image: Blight Rayner"><img alt="" class="image-article-full-width-580px" height="873" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image122_2.jpg?itok=MYzJGV6K" title="Hero perspective. Planning image: Blight Rayner" width="580"></a>

<figcaption>Hero perspective. Planning image: Blight Rayner</figcaption></figure>The intended development will see a reworked ground plane, resulting in a highly permeable and accessible structure.

A new public pedestrian thoroughfare will link Queen Street to Giffin Lane and Ely Lane, and is set to be lined by retail tenancies. Additionally, an amphitheatre, supermarket, childcare centre, outdoor cinema and various other entertainment/dining options will assist in drawing the public to the area.

A vertical green wall will mask the adjoining property boundary, whilst a 'suspended' green zone will feature mid podium. Thereafter three separate green spaces will break the tower's form at levels 13, 28 and 40, in addition to a vertical chasm that will add extra greenery externally. 

All in all the tower is aiming to achieve a 5 Star Green Star Design rating, 5 Star NABERS Energy rating, plus WELL Core and Shell Gold certification.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image124.jpg" rel="gallery-all" title="Central viod doubles as a design feature. Planning image: Blight Rayner"><img alt="" class="image-article-full-width-580px" height="334" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image124.jpg?itok=DbffAxrG" title="Central viod doubles as a design feature. Planning image: Blight Rayner" width="580"></a>

<figcaption>Central viod doubles as a design feature. Planning image: Blight Rayner</figcaption></figure><h2>What they say</h2>

<blockquote>
CPOF Fund Manager, Matthew Brown said: “This is a very exciting investment opportunity for both Charter Hall and Investa.

The joint venture development and ownership structure with ICPF diversifies risk with a credible institutional counter party and provides certainty of delivery.

Our combined office experience and expertise, will see us create a new generation, high quality building designed to support tenant customers’ requirements for collaborative workplaces, higher density and flexible occupancy along with the latest technology.
<cite>Matthew Brown: CPOF Fund Manager</cite>
</blockquote>

<blockquote>
The 370 Queen Street development strongly supports ICPF’s ‘build to core’ strategy and reflects our commitment to investing in high quality, new office developments that deliver diversification for ICPF’s office portfolio.

A commitment of this scale also reflects our confidence in the underlying strength of the Brisbane CBD office market and we’re very pleased to reach this important DA milestone.
<cite>Jason Leong: ICPF Fund Manager</cite>
</blockquote>

<blockquote>
Our in-house development team will deliver an office building of a standard not yet offered in the Brisbane market.

Targeting the highest level of sustainable design and building performance, it will provide extensive recreational and landscaped areas at podium level and throughout the tower, with higher density and technology enabled workplaces providing greater connectivity and flexibility for the future tenants of this progressive, new workplace community.
<cite>Andrew Borger: Charter Hall’s Head of Office Development</cite>
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image123_0.jpg" rel="gallery-all" title="Ground floor activation. Planning image: Blight Rayner"><img alt="" class="image-article-full-width-580px" height="311" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image123_0.jpg?itok=XicQuVxt" title="Ground floor activation. Planning image: Blight Rayner" width="580"></a>

<figcaption>Ground floor activation. Planning image: Blight Rayner</figcaption></figure>According to the development partnership, construction is expected to commence in the first half of 2019, although overall approval and tenant pre-commitments are first required.
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Investa and Charter Hall eye Brisbane's Queen Street for a new commercial skyscraper

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Dubbed the “Versace of Brisbane”, one of Queensland’s most elaborate mansions is on the market for the first time.
The six-storey residence at <a href="https://ngurealestate.com.au/buy/53-wendell-street-norman-park-qld-4170-c37a17">53 Wendell St, Norman Park</a> has a design inspired by the owners’ international travels.
Construction was completed less than three years ago with the brief to capture the view of Brisbane’s CBD.
NGU Real Estate CEO Emil Juresic is marketing the five-bedroom, six-bathroom residence.
It includes a nine-person lift, swimming pool, two spas, an entire floor master suite, six-car garaging, cellar, outdoor shower, theatre, gas fire pit, outdoor barbecue and self-contained top-floor accommodation. 
 <img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/23/NGU%202.jpg" alt="">
“This is a home so sublime, it’s hard to find the right words to describe it properly,” Juresic said.
“I’ve sold a large volume of luxury homes but this one is on another level and has to be one of the best homes in Australia.”
No dollar has been spared in its creation, he added.
Bubble feature walls wrap the internal stairwell, replicating the nuts and bolts pattern on the heritage-listed Story Bridge.
A glass cut-out in the floor of a hallway was inserted following a visit to the Grand Canyon Skywalk.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/23/NGU%203.jpg" alt=""> 
“It is a six-storey mansion fitted with the finest materials, on the best street in Brisbane and with the most spectacular views of the Brisbane River, CBD and New Farm Park,” Mr Juresic said.
NGU Real Estate’s marketing video for 53 Wendell St, Norman Park has received more than 204,000 <a href="https://www.facebook.com/ngurealestate/" target="_blank">Facebook</a> views since launching online on March 18.
 
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