A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Joel Robinson

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

The long-planned transformation of Brisbane's historic Shafston Estate has taken another major step, with Capella Hotel Group announced as the luxury hospitality partner behind what will become Brisbane's first branded residences.

The project, to be known as Capella Residences Brisbane, is being delivered by Verso Projects at the landmark Kangaroo Point riverfront estate, with completion targeted for 2029.

The announcement follows a series of planning changes to the project over recent years. The site was originally approved in 2023 for a 15-level, 37-apartment development designed by Rothelowman for Burgundy Group before Verso Projects took over the 10,070 sqm riverfront holding and lodged revised plans with Kerry Hill Architects to increase the development to a 25-level tower with 51 apartments.

The latest announcement confirms Capella Hotel Group will bring its branded residential offering to the project, marking just the second Capella Residences development globally after Seoul, and the group's first branded residential project in Australia.

The <a href="https://www.apartments.com.au/new-apartments/23-castlebar-street-kangaroo-point-qld-4169">Castlebar Street development</a> will centre around the restoration of the heritage-listed Shafston House, one of Brisbane's oldest residences, originally constructed in 1851 by Reverend Robert Creyke as a single-storey cottage known as Ravenscott.

<img alt="Capella" data-entity-type="file" data-entity-uuid="2b9f4ce5-638f-4d6b-8082-3ca7e4b75fca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-09%20at%207.20.41%E2%80%AFAM.png?VersionId=f7aeqsW_DzOJI4FymWb3lD8NptSfsP7q" />

Capella said the project aligns with its focus on heritage-led developments, with the Brisbane estate combining the restored historic residence with a new luxury apartment tower and hospitality-inspired resident amenities.

Residents will have access to the Capella Living Room, a concierge-led communal space inspired by the group's luxury hotels, alongside landscaped gardens, six swimming pools, wellness and recreation facilities.

The broader estate will also include two riverfront homes, a six-berth private marina, porte cochère arrival experience, secure basement parking and a new section of public riverwalk along the Brisbane River frontage.

The heritage Postal Depot Building will also be retained and repurposed as a guest house, in line with the revised development plans.

The project represents another evolution for the site, which Kerry Hill Architects previously described as a rare opportunity to restore one of Brisbane's most significant heritage estates while creating a new benchmark for apartment living.

"The Shafston Estate provides a once-in-a-generation opportunity to restore one of Brisbane's finest heritage precincts and to reinstate residential use as a unique site perched on the edge of Kangaroo Point," Kerry Hill Architects said in its Urban Context Report accompanying the planning submission.

"The project will celebrate excellence in sub-tropical residential design, setting a new benchmark for vertical living in Brisbane."

Verso Projects, which now has an $8.5 billion development pipeline spanning more than 6,000 dwellings across apartments, townhouses, retail and commercial projects, said the partnership with Capella would elevate the development beyond a traditional residential project.

"We feel honoured to be restoring Shafston Estate to its former glory, elevating it to new heights of luxury and excellence underpinned by Capella's distinctive service ethos and design philosophy, and making it a standout landmark in Brisbane," Verso Projects CEO Steve Laffey said.

"By partnering with Capella, globally recognised for its refined approach to luxury hospitality and deep respect for cultural and historical context, we will elevate this project beyond a residential offering into a world-class destination."

Capella Hotel Group President Roland Fasel said Brisbane's emergence as a global city made it the right location for the company's Australian residential debut.

"Brisbane is a city on the cusp of something remarkable, and Capella Residences is our commitment to being part of that story," Fasel said.

"The Capella residential experience is more than luxury. It is about a sense of belonging to a place with deep meaning."

Private appointments have now opened for the project, with a display suite expected to open in late 2026 ahead of the planned 2029 completion.

Capella to launch Brisbane's first branded residences at Shafston House, Kangaroo Point

Lewis Land's latest apartment release within its <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan is targeting one of the Gold Coast's fastest-growing buyer groups, with almost a third of apartments at Solis priced below $1 million.

The seven-storey building at Biggera Waters will comprise 91 apartments, including 24 one-bedroom residences starting from $778,000, a price point Lewis Land says is aimed squarely at first home buyers struggling to enter the Gold Coast market.

<img alt="Harbour Shires" data-entity-type="file" data-entity-uuid="e7486e37-22f6-4c92-b212-9b0622070b8f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.34%E2%80%AFAM.png?VersionId=W8MJwJUCf6HkIyl_EVSksnd.QI6MZryY" />

<a href="https://www.apartments.com.au/developers/lewis-land-group">Lewis Land</a> Head of Development Michael Long said the developer deliberately allocated a significant proportion of the project to more affordable apartment types.

"First home buyers have been priced out of many parts of the Gold Coast, and we saw a clear opportunity to address this and play our part in a longer-term housing solution," Long said.

"That's why 24 of the 91 apartments being delivered at Solis have been designed and priced for the city's next generation of homeowners, quality one-bedroom apartments, half of which include an additional multipurpose room to maximise space and flexibility.

"This approach places 30 per cent of apartments in Solis under $1 million, and with close proximity to Harbour Town's future light rail extension connecting residents to the city's major employment and knowledge hubs, it's a win for buyers looking to secure their first property."

<img alt="Sores" data-entity-type="file" data-entity-uuid="550526d3-73ba-4710-9739-c5f4294a30ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.29%E2%80%AFAM.png?VersionId=cQQdXHt9wS0UXwZEm5Py5bH_3kAmzyhu" />

Designed by BDA Architecture, Solis will deliver a mix of one, two and three-bedroom apartments, with residences ranging up to 232 sqm. Apartments feature generous balconies and contemporary finishes, while residents will have access to Harbour Shores' lagoon pool, clubhouse, tennis court, gym, yoga studio and sauna.

The focus on first home buyers resonated with purchaser Holly Humphreys, who said she and her boyfriend spent more than a year searching for their first property before shifting their attention from houses to apartments.

"We fell in love with the first house we bid on and got our hopes up, but after repeated knockbacks we learned not to get too attached," Humphreys said.

"We offered at the high end of price guides, but sales kept going even higher. That's where we really struggled and we needed to re-evaluate our budget and our expectations. Standalone houses were off the table, and we pivoted to apartments and townhouses."

Humphreys said it was encouraging to see developers recognising the growing demand from first home buyers.

"There's a growing number of young buyers looking to enter the market earlier because they understand that getting in now can make a real difference as prices continue to rise," she said.

"It's fantastic to see a developer recognise this and then actively take measures to deliver an apartment with us in mind."

Solis is the first development planned within the second stage of the Harbour Shores masterplan, with early works expected to commence in September 2026.

[smartcode_project_cta:default project_id=113271]

Lewis Land targets first home buyers at latest Harbour Shores release, Solis

Luxury apartment developer Abadeen has recorded $19.25 million in apartment sales across two of its Lower North Shore developments in the lead-up to the end of the financial year, headlined by the sale of a $6.75 million penthouse at <a href="https://www.apartments.com.au/buildings/koyo-crows-nest-5-rodborough-avenue-crows-nest-nsw-2065">KOYO in Crows Nest.</a>

The transactions also included the sale of a newly completed three-bedroom apartment at <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences in Cremorne</a> for $6.35 million, with the residence selling shortly after the project's first public inspections following completion.

The sales come as completed, owner-occupier-focused apartments continue to attract strong demand across Sydney's Lower North Shore, particularly from buyers looking for certainty and immediate occupancy.

The penthouse at KOYO spans 491 sqm across a single level and was designed by architect Koichi Takada. The development is one of Abadeen's flagship boutique projects in Crows Nest.

[smartcode_project:default project_id=108800 project_image_fid=370093]

Abadeen Executive Chairman and Founder Justin Brown said buyer activity lifted noticeably in the lead-up to the end of the financial year.

"We saw a clear increase in enquiry levels, inspection numbers and buyer engagement across our completed projects leading into the end of the financial year," Brown said.

"Buyers have become far more decisive over the past six months. The combination of improving confidence, limited supply and the ability to physically inspect completed residences is creating strong competition for premium apartments in the best locations."

Brown says the&nbsp;response to Park Residences following completion has been particularly strong.

"Buyers want certainty and are responding positively to the opportunity to walk through a finished product, inspect the quality firsthand and move in immediately," Brown suggested.

"Projects such as Park Residences and KOYO demonstrate that when the product is exceptional and the location is irreplaceable, buyers are prepared to act quickly."

[smartcode_project:default project_id=114246 project_image_fid=370116]

Abadeen CEO Joe Tack said quality continued to differentiate projects in the current market.

"Today's buyers are incredibly discerning," Tack said.

"They are seeking larger floorplans, premium finishes, walkability, lifestyle amenity and confidence in the developer delivering the project. Well-designed boutique developments continue to outperform because they offer something genuinely difficult to replace.

"The enquiry we are seeing across our completed and recently completed Lower North Shore portfolio is very encouraging, and we expect this momentum to continue into spring."

The sales follow increased enquiry across Abadeen's Lower North Shore portfolio which also includes <a href="https://www.apartments.com.au/buildings/northcote-collective-naremburn-2-northcote-street-naremburn-nsw-2065">Northcote Collective in Naremburn</a> which also completed recently.

KOYO penthouse headlines Abadeen's $19.25 million EOFY sales flurry

The City of Sydney has approved plans for <a href="https://www.apartments.com.au/developers/billbergia">Billbergia Group</a> and Metrics Credit Partners’ $3.5 billion Castlereagh Place project in the heart of the Sydney CBD

The towers will be among the tallest in <a href="https://www.apartments.com.au/developments/sydney-nsw-2000">Sydney</a>'s CBD, with more floors than any other residential tower in the city.&nbsp;

The 6,000 sqm site was acquired by the joint venture partners in 2024. It is the largest amalgamated land parcel in the Sydney CBD and comprises eight individual sites fronting Castlereagh, Pitt and Liverpool Streets.&nbsp;

<a href="https://www.apartments.com.au/new-apartments/castlereagh-place-sydney-324-348-pitt-street-sydney-nsw-2000">Castlereagh Place</a> will transform an underutilised city block into a landmark mixed-use destination, anchored by two 82-storey towers comprising 607 luxury residences above an 8-level podium housing a 209-room luxury hotel. A 1,000 square metre civic park on ground level features a curated mix of food, beverage and retail.

The plans have been refined over the past year to rebalance the residential and hotel offering, and reconfigure the retail footprint to create a stronger, more dynamic dining experience.

A three-level flagship building on the prominent corner of Pitt and Liverpool Streets will be the gateway to the Castlereagh Place lifestyle precinct. Set to become a Sydney icon, the building is capable of housing multiple hospitality venues.

“Castlereagh Place is designed to be the City's next great urban oasis - an energetic mixed-use precinct that pulses with life, day and night,"&nbsp;said Joseph Kinsella, Group Director of Billbergia.

"It will bring the vibrancy of places like Barangaroo and Darling Quarter into a more accessible, central destination at the very heart of Sydney."

Kinsella said the project will build on&nbsp;Sydney’s growing laneway culture with the City’s largest network of new activated lanes - an expanded, next-generation take on precincts like Angel Place, Palings Lane and Ash Street in Wynyard.

[smartcode_project:default project_id=134477 project_image_fid=374401]

Castlereagh Place has been designed by architects <a href="https://www.apartments.com.au/architects/fjc-studio">fjcstudio</a> in collaboration with Trias Studio, Aileen Sage and Polly Harbison Design, joint winners of an international design competition in 2018.&nbsp;

Signature design elements from the original scheme remain unchanged, while the public domain has been significantly enhanced, delivering 60 per cent more open-to-sky space.

Pedestrian access will also be enhanced through new laneways linking Pitt, Liverpool and Castlereagh Streets, drawing people into a new civic park with outdoor seating, landscaping and integrated public art.

With activated laneways supported by strong hospitality offerings, Castlereagh Place is tipped to become a vibrant new dining destination in the heart of Sydney’s CBD.

It marks the largest undertaking to date for the Billbergia and Metrics Credit Partners partnership. Together they are developing other underutilised Sydney sites into mixed-use precincts, including the $2.2 billion Concord Central and the $1.3 billion Chatswood Grand Residences.

Metrics Managing Partner and Group CEO Andrew Lockhart said Castlereagh Place is a landmark project that will redefine Sydney’s skyline.

"As the tallest residential high-rise development, the revitalised site will offer panoramic views across the CBD and surrounds. We are excited to partner with Billbergia to reinvigorate an underutilised site and create a sophisticated and contemporary mixed-use offering situated in the heart of Sydney.”

Total apartments within the towers have increased to 607 dwellings, with a focus on larger floorplans. Aligned to growing market demand, Castlereagh Place now comprises 299 three-plus-bedroom apartments, 198 two-bedroom units and 110 one-bedroom configurations.

[smartcode_project:default project_id=134477 project_image_fid=374402]

Resident amenities will include an exclusive residents club containing a gym, rooftop pool, dining rooms, co-working spaces, library, golf simulator, games room, cinema room, and access to an exclusive concierge service. There will be around 500 basement car spaces below the towers.

The development will also include a state-of-the-art wellness centre, set to feature a bathhouse with magnesium pools, hot/cold plunge pools and premium amenities.

&nbsp;

According to fjcstudio, the towers will feature distinctive yet elegant architectural design reflecting Sydney’s geometry and urban character, with a network of through-site links and intimate public spaces activating the streetscape.

"Castlereagh Place is a city-making project of significant scale and ambition," said Richard Francis-Jones, Design Director at fjcstudio.

"It will create a rich urban complex of public open spaces, landscaped gardens, and vibrant laneways. Defining these new public spaces and the important streetscape of Castlereagh Street is a sequence of fine-grained, diverse retail and hotel architecture designed in collaboration with Aileen Sage, Polly Harbison Design and Trias.

“Rising above the tree-lined, human-scale streetscape are two slender residential towers that will transform the city skyline and look towards the Harbour, Hyde Park, and the Royal Botanic Garden.”

Demolition and early construction works have commenced onsite at Castlereagh Place.

[smartcode_project_cta:default project_id=134477]

Billbergia, Metrics, approved for $3.5 billion Sydney skyscrapers

Brisbane off the plan apartments

Construction company&nbsp;<a href="/builders/cs-development-group">CS Development Group</a>&nbsp;has completed the demolition at Pavilion The Residences in Upper Mount Gravatt, the latest development by&nbsp;local developer&nbsp;<a href="/developers/oakridge-property-group">Oakridge Property Group</a>,

<a href="/new-apartments/pavilion-the-residences-upper-mount-gravatt-110-klumpp-road-upper-mount-gravatt">Pavilion The Residences</a>, situated adjacent to the Mimosa Creek nature reserve, is designed to encompass three five-level pavilion-style structures, replacing the existing two-storey residence on the site. The buildings are scheduled to commence construction in June.

[smartcode_project:default project_id=134587 project_image_fid=238079]

Once completed, Pavilion The Residences will offer a total of 144 apartments with a diverse range of configurations, including 52 one-bedroom, 72 two-bedroom, and 20 three-bedroom units.

Oakridge enlisted <a href="/architects/mas-architecture-studio">MAS Architecture Studio</a> to craft the design for the Pavilion, employing a sub-tropical aesthetic marked by profound balcony overhangs and strategic fenestration to prioritise solar aspect, orientation, and harmonious integration with the natural surroundings.&nbsp;

Nick Simmons, director of <a>MAS Architecture Studio</a> said that the process for Pavilion has been very collaborative with interior design studio Corner iD and the landscape architect "to make sure our design is holistically gelled together as one entire piece."

[smartcode_project:default project_id=134587 project_image_fid=238077]

Pavilion The Residences also includes exclusive amenities including a landscaped central courtyard which will be used as a common recreation space. That will feature barbecue facilities and a swimming pool which will sit between each tower's lobby.

The development is strategically located less than 15 minutes from <a href="/new-apartments/brisbane-qld">Brisbane</a>'s CBD, with easy access to major transport hubs like the M1 and Brisbane Metro.

The first stage to hit the market will be the Hibiscus Residences.

[smartcode_project_cta:default project_id=134587]

The first stage to hit the market will be the Hibiscus Residences

Staff Writer

Demolition paves way for Upper Mount Gravatt's Pavilion The Residences

National developer&nbsp;Traders in Purple's descent on Woody Point in Brisbane's Moreton Bay Region is set to continue with the upcoming launch of Tydal, their latest instalment of apartments in the growing coastal suburb.

<a href="/new-apartments/tydal-woody-point">Tydal</a>, a collection of 104 two and three-bedroom apartments starting from $749,000, will be <a href="/builders/traders-in-purple">Traders'</a> third development in <a href="/developments/woody-point-qld-4019">Woody Point</a>, following the under-construction <a href="/new-apartments/orilla-woody-point">Orilla</a>, now 60 per cent sold, and the completed Waters Edge development.

It will be their 14th apartment development&nbsp;in the Moreton Bay region.

[smartcode_project:default project_id=134685 project_image_fid=275971]

Designed by <a href="/architects/ellivo-architects">Ellivo</a>, Tydal’s architecture draws inspiration from the natural forms of the surrounding coastline.&nbsp;

The building’s facade features soft undulating curves, mimicking the coastal environment, complemented by feature battens for added visual interest.&nbsp;

The entry foyer continues this theme with soft curves and lush landscaping, creating an inviting entrance.

[smartcode_project:default project_id=134685 project_image_fid=275968]

Each apartment features a palette of natural colours and textures, aiming to provide a calm and inviting living space, with an open floor plan leading out to large balconies designed to maximise views of the bay.

The kitchens are equipped with Miele kitchen appliances and Villeroy &amp; Boch tapware and the master bedrooms include well-appointed wardrobes and ensuites.

Tydal also includes a range of amenities such as a pool, BBQ and alfresco dining areas, a relaxation lawn, an indoor residents lounge, and a dog wash area with access to nearby walking paths.

[smartcode_project:default project_id=134685 project_image_fid=275970]

Traders in Purple operate across Queensland and New South Wales in both the apartment and house and land markets.

Earlier this year they <a href="/news/qld/traders-in-purple-sell-out-marin-scarborough">sold out Marin Scarborough</a>, another&nbsp;Ellivo Architects-designed project in Moreton Bay.

[smartcode_project_cta:default project_id=134685]

Traders in Purple operate across Queensland and New South Wales in both the apartment and house and land markets

Traders in Purple to launch Tydal, Woody Point apartment development

Local Brisbane developer&nbsp;JGL Properties has completed its luxury Kangaroo Point apartment development, <a href="/buildings/thornton-11-thornton-street-kangaroo-point">Thornton</a>.

Recently delivered by&nbsp;<a href="/builders/hutchinson-builders">Hutchinson Builders</a>, Thornton is a 14-level residential building comprises just 16 full-floor, north-facing riverfront apartments at 11 Thornton Street, Kangaroo Point.

Simon Caulfield at Place Kangaroo Point secured the sell-out of all the apartments prior to completion.

<img alt="JGL Properties completes Thornton, Kangaroo Point" data-entity-type="file" data-entity-uuid="94a981e9-b744-4dbc-981d-67779b73e178" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Thornton%20living.jpg?VersionId=75d615B5IlVxHRTglb2Ua37le0lq8PNF" />

Designed in a collaborative effort involving <a href="/architects/bureauproberts">Architect Liam Proberts</a>, chef and restaurateur Thierry Galichet, gallerist and curator Phillip Bacon AO and artist Ralph Wilson, Thornton's contemporary glass tower and interiors combine functionality with aesthetic appeal.

Each unit within Thornton is designed for optimal cross-flow ventilation, facilitated by operable edges, and a façade made from insulated glass panels.&nbsp;

The panels create a fluid exterior that provides both shelter and airflow to the interior, while a glass frit adds density and shade, echoing Brisbane’s traditional veranda design.

<img alt="JGL Properties completes Thornton, Kangaroo Point - panels" data-entity-type="file" data-entity-uuid="4ac24ec0-9233-4772-af5b-60655e437d06" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Thornton%20bedroom.jpg?VersionId=4aJXd63VOPgPF4LJmd_gZte53sXUh663" />

Thornton is located on the final riverside address at <a href="/developments/kangaroo-point-qld-4169">Kangaroo Point</a>, offering 33 metres of direct Brisbane River and park frontage, where residents can enjoy panoramic views spanning from the Botanic Gardens, across the city skyline, to the Story Bridge.

The development is within walking distance of the new Kangaroo Point Pedestrian Green Bridge, Woolworths, cafes, and Queen's Wharf.&nbsp;

Thornton is also directly connected to riverfront walkways and bikeways, with the Thornton Street ferry terminal offering transit to New Farm, Teneriffe, Howard Smith Wharves, the city centre, QPAC, and South Bank.&nbsp;

Leading educational institutions such as Anglican Church Grammar School, Somerville House, and All Hallows' are also nearby.

[smartcode_project:default project_id=9018]

Thornton was designed in a collaborative effort involving Architect Liam Proberts, chef and restaurateur Thierry Galichet, gallerist and curator Phillip Bacon AO and artist Ralph Wilson

JGL completes Thornton, Kangaroo Point apartments

<a href="/developers/huon-property-group">Huon Property Group</a> has received approval for their new residential development project in Brisbane's <a href="/developments/stones-corner-qld-4120">Stones Corner</a>.&nbsp;

The approved plans involve constructing a 15-level apartment tower at 22 Cleveland Street, which will consist of 114 apartments. This development is part of Huon's strategy to capitalise on the 2032 Summer Olympics hub in nearby <a href="/developments/woolloongabba-qld-4102">Woolloongabba</a>.

The tower, designed by <a href="/architects/z-architects">Z Architects</a>, will feature a mix of 78 two-bedroom units, including 20 with multi-purpose rooms, 41 three-bedroom units, with 15 also having a multi-purpose room, and ten double-storey sky homes, with the upper-floor sky homes offering private rooftop spaces.

The architectural design gives the appearance of two distinct towers, separated by a central recess on the north-western side.&nbsp;

<img alt="Huon Property Group lodge plans for Stones Corner apartment tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202023-03-09%20at%202.50.15%20pm.png?VersionId=x2fjUprALIr5DXEETSidSfdvg7Gm0M6H" />

The larger tower form will be located on the eastern part of the site towards Logan Road, while a narrower, more slender form will be on the western part towards Cleveland Street.&nbsp;

The design aims to preserve the original shop front, street entrance, and awning of the commercial character buildings along Logan Road, although parts of these structures will be partially demolished.

Landscaping is a significant aspect of the project, with deep planting and containerised planting above the podium level to enhance the building's breathability and reduce heat load.&nbsp;

These efforts are intended to contribute to the site's subtropical character and microclimate, with additional planting across the rooftop terrace.

The apartments are designed for modern living, featuring open-plan living areas and private balconies with views of the city skyline and surrounding neighbourhoods.&nbsp;

<img alt="Huon Property Group lodge plans for Stones Corner apartment tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-09%20at%202.53.15%20pm.png?VersionId=emi3CU32pRM42mVT4P0nVMa6U02FnL0f" />

The sky homes will have exclusive access to a portion of the rooftop terrace, while the remaining rooftop area will offer communal facilities, including a swimming pool, pool deck, barbecue area, co-working space, cinema, and formal dining room.

Additional communal facilities will be available on the podium level, such as a function room, gym, and communal lounge with terraces.&nbsp;

The development also includes 327 car parking spaces for residents and visitors, distributed across two basement levels, the ground level, and podium car parking areas. A stacker system will be used where possible to maximise space utility.

A proposed cross-block link will provide direct pedestrian access between Logan Road and Cleveland Street, running along the north-western boundary.&nbsp;

This link aims to improve pedestrian connectivity and break up the long stretch of Cleveland Street between Logan Road and the proposed Arcade on the northern boundary of Stones Corner Village.

The development site is located within four kilometres of <a href="/developments/brisbane-qld">Brisbane</a>'s CBD and is close to public transport options, including Stones Corner Busway Station and Buranda Train Station. The area also offers various retail amenities.&nbsp;

Huon Property Group is concurrently developing another project in Oxley, comprising 170 townhouses under the name Arabella.

The architectural design gives the appearance of two distinct towers, separated by a central recess on the north-western side

Huon Property Group secure approval for Stones Corner apartment development

Frasers has unveiled the heart of its $500 million masterplanned community, The Quarry.

The hub of the masterplan,&nbsp;a transformation the 48.7-hectare <a>Keperra</a> Quarry, is the recently completed $5 million resort-style facility ClubQ.

The facility features a 25-metre lap pool with an infinity edge, two further resort-style walk-in pools with an integrated waterfall and a kid's splash and play area, and a private wellness centre featuring a fully equipped gym and meditation room.&nbsp;

ClubQ also has a kitchen, an art gallery and future communal dining space, shared green space, and a sunset deck with sunken levels and built-in seating to capture panoramic views of the local D’Aguilar Range and beyond.&nbsp;

[smartcode_project:default project_id=141197 project_image_fid=228243]

<a href="/architects/rothelowman">Rothelowman</a> Project Leader Megan Schulte said the space had been designed to amplify life at <a href="/new-townhouses/the-quarry-by-frasers-property-1004-samford-road-keperra-qld-4054">The Quarry</a>.&nbsp;

“The built form of ClubQ takes cues from the existing environment and colours, reusing materials mined on site to build a sense of place,” Schulte said.&nbsp;

“Water and earth are celebrated throughout the ClubQ footprint as the lifeforce and heart of everything, &nbsp;even to the imposing 4-metre high, 54-tonne granite boulder that forms part of the building itself.”&nbsp;

“We have truly left no stone unturned to connect these vastly distinct spaces, from reusing site materials &nbsp;including monolithic stone in the spacious kitchen, to subtle touches like the geometry of the footpath and pool &nbsp;edges which resemble the microscopic edges of granite.”&nbsp;

&nbsp;

[smartcode_project:default project_id=141197 project_image_fid=228244]

The entertainment space overlooks a 3.7-metre LED screen and a collection of curated visual storytelling pieces presented as an art gallery that will become a communal dining space for future residents.&nbsp;

A mature Kauri Pine Tree sits front and centre at ClubQ, encased by windows as it seamlessly blends the inside and outside realms, adding natural light for picturesque views and enhanced golden hour scenes all year round.&nbsp;

Scott Ullman, General Manager of Queensland Development at Frasers Property Australia, said the ClubQ brought unique amenities and design aesthetic to a rugged environment.&nbsp;

“As The Quarry transforms over the next decade, ClubQ will become a timeless space for future residents to come together and enjoy social events and recreation long into the future,” he said.&nbsp;

“More than 40 per cent of the community is dedicated to existing bushland and newly curated green space and resident amenities. ClubQ is the heart of the Quarry, and an extension of the residents’ homes.” &nbsp;

&nbsp;

[smartcode_project:default project_id=141197 project_image_fid=228249]

The Quarry will feature a mix of 500 home and land sites, Rothelowman-designed terrace homes, and extensive placemaking.

The existing Keperra Quarry mines granite and will progressively curb operations as the development of the residential stages advances.&nbsp;

&nbsp;

[smartcode_project_cta:default project_id=141197]

The Quarry will feature a mix of 500 home and land sites, Rothelowman-designed terrace homes, and extensive placemaking

Frasers unveil ClubQ at $500 million Keperra Quarry masterplan

Azure is releasing the final apartment in its One Five Six apartment development in New Farm.&nbsp;

The sub-penthouse in&nbsp;<a href="/buildings/one-five-six-156-oxlade-drive-new-farm">One Five Six</a>, located at 156 Oxlade Drive in the heart of <a href="/developments/new-farm-qld-4005">New Farm</a>, is the final apartment to be released to the market.

Set on level five of the building, the 226 sqm apartment has three bedrooms, three bathrooms, and a three-car garage. It features a 35 sqm river-facing terrace.

[smartcode_project:default project_id=95611 project_image_fid=180234]

Residence 5.02 is positioned on the north-eastern side of the building taking full advantage of the 11-metre frontage affording elevated, uninterrupted views of the Brisbane River and Oxlade Park.

<a href="/developers/azure">Azure</a> Director Trent Kiernan says the apartment is "pretty well irreplaceable."

"In a building without compromise and in the best street in New Farm, someone will be very lucky to secure it,” Keirnan said.

[smartcode_project:default project_id=95611 project_image_fid=180233] 
&nbsp;&nbsp; 
Simon Caulfield, who is marketing the apartment, says the opportunity to purchase something like this is scarce. 
&nbsp; 
“When you consider the location, uninterrupted views, practical floorplan and quality finishes throughout, the sub-penthouse residence has no compromise," Caulfield says.

"In the current market, residential opportunity of this calibre is incredibly scarce. Most importantly, construction is nearing completion where buyers have the benefit of occupying in the later half of this year."

[smartcode_project:default project_id=95611 project_image_fid=180226]

&nbsp;Brisbane remains a standout performer at the prestige end of the market, where it maintains positive growth rates consistently observed month on month.&nbsp; 
&nbsp; 
“While Brisbane continues to grapple with limited inventory, particularly in premium locations, there’s a noticeable influx of buyers, especially in the upper echelons of the market," Caulfield adds.

"This demand underscores Brisbane’s status as an attractive investment destination, offering a compelling mix of lifestyle amenities, urban sophistication, and comparatively more affordable prices compared to <a href="/new-apartments/sydney-nsw">Sydney</a> and <a href="/new-apartments/melbourne-vic">Melbourne</a>.”

[smartcode_project:default project_id=95611 project_image_fid=180239] 
&nbsp; 
Affluent buyers are typically looking to transition to a more streamlined lifestyle without sacrificing on quality or comfort, looking to purchase more than just a place to live.&nbsp; 
&nbsp; 
“Understanding and catering to buyers’ preferences in the high-end property market is crucial for developers and agents operating in the prestige property space, One Five Six perfectly exemplifies the desire to purchase a lifestyle statement that encapsulates luxury, security and convenience.” 
&nbsp; 
One Five Six offers a collection of a total of ten residences comprising of a penthouse, garden penthouse and eight apartments, complemented by luxurious amenities that promote rest and recovery from a busy city lifestyle.

[smartcode_project:default project_id=95611 project_image_fid=180240] 
&nbsp; 
The penthouse comprising of 4-bedrooms, 5-bathrooms, 7-car garage, 1500 bottle cellar, complete with a 200sqm rooftop terrace and heated lap pool sold for a Brisbane record of $11.3 million in 2022. 
&nbsp; 
Azure is a privately owned real estate development and investment company that has delivered more than 1,400 terraces, units and residential lots since it was founded in 2014. 
&nbsp; 
The company’s active portfolio of seven developments is valued at more than $500 million including <a href="/new-apartments/one-earle-lane-by-azure">One Earle Lane</a>, Oakmont and <a href="/buildings/dahlia-residences-106-alex-avenue-schofields">Dahlia</a> and it hosts a future pipeline in excess of $1.3 billion.

One Five Six is set to be completed by the end of 2024.

[smartcode_project_cta:default project_id=95611]

Best and last remaining riverfront-facing residential property launched to market

Azure release final apartment in One Five Six, New Farm development

Developer Kinstone Group has lodged plans for a $380 million mixed-use master-planned community in Rochedale, 15 minutes south of the Brisbane CBD, delivering new housing supply alongside expansive green space, retail, and a boutique hotel and tavern.&nbsp;

Designed by award-winning <a href="/builders/arkhefield">Arkhefield</a>, ‘Rochedale Terrace’ is situated at the four-hectare corner site at 46 West Street and 400 Miles Platting Road. &nbsp;

It has been envisioned as a ‘new community heart’ for the suburb, linking a large new parkland with existing green space to create a walkable corridor that integrates recreation, retail and residential. &nbsp;

<a href="/developers/kinstone-group">Kinstone Group</a> General Manager, Tommy Hung, said the proposed master plan will be delivered in three stages over the next decade.&nbsp;

“Our vision is to create a vibrant and welcoming destination that celebrates the natural environment and brings people together,” Hung said.&nbsp;

“The first stage of Rochedale Terrace will deliver a contemporary mixed-use precinct that includes a variety of retail and dining options, a local tavern, and a 75-room boutique hotel, deliberately set back from West Street to prioritise the position of the new community park.&nbsp;

“The park is the heart of the precinct, from which the retail pavilion and residential buildings will take shape. It also provides an opportunity to rejuvenate the adjoining creek and connect the precinct to &nbsp;the broader community.”&nbsp;

Around 280 apartments will be delivered during the second and third stages of development, alongside additional retail and commercial spaces, outdoor pavilions and extensive landscaping for the benefit of the broader community. &nbsp;

“Rochedale Terrace will create more green shared spaces, retail and social precincts for the community to connect and will become a vibrant meeting place in years to come,” Hung added.&nbsp;

<a href="/developments/rochedale-qld-4123">Rochedale</a> is one of <a href="/developments/brisbane-qld">Brisbane</a>’s original ‘million dollar’ suburbs due to its large family homes and connection to the city and has been the focus of major public and private investment in recent years.&nbsp;

Hung said the Rochedale Terrace master plan responds to this growth with a ‘gentle density’ approach that provides much-needed housing diversity and retail, recreation and events spaces.&nbsp;

Kinstone Group is actively delivering several masterplanned communities in South East Queensland, including the 65-hectare Serenity 4212 master plan in Helensvale and the $1.5 billion Foxwell Coomera mixed-use precinct on the northern Gold Coast – both in a joint venture with Keylin.&nbsp;

&nbsp;

Kinstone Group General Manager, Tommy Hung, said the proposed master plan will be delivered in three stages over the next decade. 

Kinstone plot $380 million Rochedale precinct, Rochedale Terrace

Residential construction work has remained stable across Brisbane.

The recently released RLB Crane Index® Q1 2024 shows a slight decline in residential crane numbers in the sky across Brisbane, down from 36 in Q3 2023 to 34 in Q1 2024.

Adding to the supply of new apartments in <a href="/developments/brisbane-qld">Brisbane</a> is&nbsp;<a href="/new-apartments/skye-residences-kangaroo-point-8-river-terrace-kangaroo-point">Skye Residences</a> by <a href="/developers/pikos-group">Pikos</a> and <a href="/new-apartments/sorano-house-kangaroo-point-12-hamilton-street-kangaroo-point">Sorano House</a>, both&nbsp;in <a href="/new-apartments/kangaroo-point-qld-4169">Kangaroo Point</a>. They both saw cranes added to their prime sites in the affluent riverside suburb.

[smartcode_project:default project_id=90059 project_image_fid=218021]

The CBD and its surrounding area still have most of the city's cranes, accounting for 62 per cent.&nbsp;There were 15 cranes removed from projects in Brisbane, Kangaroo Point, <a href="/new-apartments/new-farm-qld-4005">New Farm</a>, <a href="/new-apartments/south-brisbane-qld-4101">South Brisbane</a>, <a href="/new-apartments/west-end-qld-4101">West End</a>, and <a href="/new-apartments/woolloongabba-qld-4102">Woolloongabba</a>.

The <a href="/new-apartments/queen-s-wharf-residences-23-margaret-street-brisbane">Queen’s Wharf</a> project, previously a major contributor to Brisbane's crane count, saw five cranes removed, leaving four left&nbsp;on site as the project approaches completion.

Activity in Brisbane’s east saw an increase of six cranes to bring the region’s total to seven cranes. This total equals the previous high count of seven cranes in Q1 2021. Only one was a build-to-sell residential project,&nbsp;<a href="/developers/gardner-vaughan-group">Gardner Vaughan's</a> <a href="/new-apartments/stones-corner-qld-4120">Stones Corner</a> project <a href="/new-apartments/stonebrook-stones-corner-10-flora-street-stones-corner">Stonebrook</a>.

[smartcode_project:default project_id=114094 project_image_fid=246997]

Brisbane North saw a significant fall in residential crane numbers, down from 12 to six, as cranes were removed from the completed <a href="/buildings/canvas-bulimba-30-love-street-bulimba-qld-4171">Canvas Bulimba</a> by <a href="/developers/graya">Graya</a> and <a href="/buildings/bide-newstead-21-longland-street-newstead">Bide Newstead</a> by <a href="/developers/dibcorp-properties">Dibcorp</a>, as well as three from Mirvac's Quay tower in Newstead.

There were numerous cranes added to Brisbane West's residential count, with <a href="/developers/consolidated-properties">Consolidated Properties</a>' <a href="/new-apartments/monarch-residences-toowong-600-coronation-drive-toowong">Monarch Residences</a>&nbsp;in <a href="/new-apartments/toowong-qld-4066">Toowong</a> adding a crane, as well as <a href="/new-apartments/the-audrey-109-clarence-road-indooroopilly">The Audrey</a> in <a href="/new-apartments/indooroopilly-qld-4068">Indooroopilly</a>.

Brisbane's residential cranes account for 44 per cent of all cranes in Brisbane.&nbsp;This proportion is lower than in <a href="/developments/melbourne-vic">Melbourne</a> and <a href="/developments/sydney-nsw">Sydney</a>, where residential cranes represent 55 per cent and 64 per cent of all cranes, respectively.

Brisbane's residential cranes account for 44 per cent of all cranes in Brisbane

Brisbane residential work remains stable: RLB Crane Index Brisbane Q1 2024 

ASX-listed developer Mirvac has submitted plans for its third and final stage in its $1 billion Newstead waterfront precinct, Sky Waterfront.

Their final tower, following the nearly sold-out Isle and Quay buildings, will be the tallest building in the mini masterplan that also includes the build-to-rent tower LIV Anura. <a href="/developers/mirvac?referrer=Mirvac">Mirvac</a> is proposing a 27-level tower with 138 apartments.

The apartments will sit above four basement levels that will home 244 car parking spaces and 160 bicycle spaces.

There will be over 3,000 sqm of public open space, as well as 746 sqm of resident space that will include rooftop amenity in the form of&nbsp;a gym, swimming pool, dining area, BBQ facilities, and entertaining spaces. Level two will also home a business centre for residents, catering to the work-from-home lifestyle.

<img alt="Mirvac" data-entity-type="file" data-entity-uuid="fd009e3c-6c58-4663-9303-346b11bfd790" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-13%20at%2012.50.20%20pm.png?VersionId=YSBjvuAOnG0wJiuyG3c6Yn2BRt.LvWP7" />

The owner-occupier-focussed tower will have just a single one-bed apartment, 85 two-bedders, 42 three-bedroom apartments and 10 apartments with four bedrooms or more.

The development will create a community plaza on the corner of Skyring Terrace and Cunningham Street that will act as the focal point of not only the Sky Precinct but also a destination meeting place for the broader Newstead community.

Mirvac General Manager Residential Queensland, Warwick Bible, said the whole precinct has been designed from the ground up, ensuring the three buildings interact with the surrounding parkland, retail and residential to enhance amenity and connectivity for residents.

“Our vision has always been to create a precinct that acts as a visual gateway to the Teneriffe and New Farm peninsular," Bible said.

"The Civic Square delivered as a part of this proposal on the corner of Cunningham Street and Skyring Terrace will serve as an entrance into the precinct from the west while connecting Gasworks’ retail and Waterfront Park."

Mirvac says given&nbsp;Brisbane's highly amenable climate, diverse public open spaces have been thoughtfully designed on the ground level, providing inviting outdoor areas for community gatherings and interaction.&nbsp;

The project will sit on 4,989 sqm across 13 Cunningham Street and 57 Skyring Terrace, around a third of the wider 14,774 sqm site that will home the other two towers that are currently under construction.

<img alt="Mirvac" data-entity-type="file" data-entity-uuid="c4fadd18-bd1c-4b16-ba9a-a0b720ce23fc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-13%20at%2012.50.59%20pm.png?VersionId=aZ7pREV9MX7OpagpTuiJ7Q6SmUMiZCZT" />

Mirvac Design said in the documents submitted to the Brisbane City Council the vision for stage three is&nbsp;to complete the family of biophillic buildings by creating a precinct identity and a sense of place.

They said the design shares a language of organic forms and planted green façades with the previous stages but does so in a way that gives it a unique identity.&nbsp;

"The planting strategy differs from stage one and two, a crucial element in establishing a distinct identity for this building. The treatment of the balustrade for the proposed form directly corresponds to the varied placement of planters on each floor. The balustrade sweeps around the planters, generating an undulating pattern of greenery on the façade."'

<img alt="Mirvac" data-entity-type="file" data-entity-uuid="417853c3-2493-4fb7-85d4-99ead36a753f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-13%20at%2012.50.28%20pm.png?VersionId=QTVs8Y5XwBr2VOy4iXIDCqIagbrlh7Mn" />

Urbis said the proposal for Sky Stage 3 is aligned with the intent of key city strategies, with the greatest reference to Brisbane's Sustainable Growth Strategy.

"Sky Stage 3 offers inner city living at its best, being located across the road from the services and retail of Gasworks shopping centre, within 200m of the Riverwalk, directly on Skyring Terrace which is serviced by the CityGlider bus services and on the Waterfront Park," Urbis noted in the submission documents.

"With delivered experience in design excellence, the proposition by Mirvac is aligned to the future 'brand Brisbane'. With a design for the tower embodying Buildings that Breathe principles and a conscious effort to integrate a high Green factor score, the design proposal will contribute greatly to the skyline of Newstead."

Based on Newstead’s population forecast, the suburb needs an additional 5,800 dwellings by 2041.

Bible said the proposed building would provide much-needed housing to the undersupplied Brisbane market, Australia’s fastest-growing capital city.

“The Queensland Government’s population projections indicate the city will continue to grow by more than 14,000 people each year, with about a third of those to reside in Brisbane’s inner suburbs, making new projects such as this one essential to keeping pace.

“We’ve worked hard to deliver a mix of apartments at Waterfront Newstead to suit a diverse array of residents, from luxury apartments to our build-to-rent project, where 25 per cent of apartments will be key worker affordable housing, offered at a discount to market rent.”

Urbis said the proposal for Sky Stage 3 is aligned with the intent of key city strategies, with the greatest reference to Brisbane's Sustainable Growth Strategy.

Mirvac files plans for final stage of Sky Waterfront, Newstead precinct

Brisbane developer Shayher Group has revealed the first stage of its highly anticipated Bulimba Barracks masterplan.

<a href="/developers/shayher-group">Shayher</a> secured the <a href="/new-apartments/bulimba-barracks-stage-1-167-apollo-road-bulimba">Bulimba Barracks</a> in 2020, buying it from the Department of Defence who had owned it since 2015 when the Commonwealth government disposed of the site as a defence asset.

Since 2020 the majority of the buildings that were part of the barracks from World War II to the 1980s have been demolished. The only building that has been retained is the fabrication workshop which was a barge building shop in World War II.

That will form one of three buildings for the <a href="/new-apartments/bulimba-barracks-stage-1-167-apollo-road-bulimba">first stage of the redevelopment</a> of the 20.73-hectare site. Shayher is first focusing on a 6,382 sqm block fronting Apollo Road in the northwest corner of the site. They're planning two low-rise apartment buildings with 69 apartments, separated by a laneway from the fabrication workshop which will be restored.

<img alt="Bulimba Barracks" data-entity-type="file" data-entity-uuid="20c132a1-f7e0-4120-9d19-c594aa89f9e1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-13%20at%209.44.29%20am.png?VersionId=28UWuHHWpkdbXnno5yIT333N4LdhYD9a" />

The fabrication workshop will home a display suite during the market and construction phase of the development, before being converted into a food and beverage hospitality venue with a cafe and outdoor dining next to the Brisbane River.

Shayher had Buchan Group put together the plans for the two three-level buildings. While not having to bow to strict heritage rules given the former factories on the block had been torn down, there was the consciousness that the buildings be located, designed and constructed to reflect the footprint, overall bulk, and scale of the WWII buildings.

The 69 apartments will be split across two buildings that will be divided by a central community garden, complete with a 13-metre resident swimming pool, activities lawn, sauna, outdoor dining cabana and cabana lounges. Each building will have a rooftop garden with golf-putting greens and open lawn spaces for yoga and lawn bowls. One rooftop will have a reduced-size pickleball court.

<img alt="Bulimba Barracks" data-entity-type="file" data-entity-uuid="935d39ed-5b74-4d3a-a28b-7e5a90bdede2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-13%20at%209.44.43%20am.png?VersionId=tDMrv1X818lMTsOsN1qaM7fWw7ViUAbW" />

There will be 10 one-bedroom apartments on offer, 38 two-beds and 21 three-bedroom units. They will sit above 180 basement parking spaces.

Buchan Group said in their Urban Context Report the <a href="/new-apartments/bulimba-qld-4171">Bulimba</a> Barracks represents an eastern gateway to the river’s edge and symbolises the continuing evolution of Brisbane’s inner city.

"The intent is to start creating a new neighbourhood as envisioned in the Masterplan approved in 2022, which seamlessly integrates with adjoining neighbourhoods and surrounding residential areas providing new opportunities for connectivity and access to the riverfront," the architecture firm said.

<img alt="Bulimba Barracks" data-entity-type="file" data-entity-uuid="9753bc6e-8a40-4372-9ce9-407b046c5240" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-13%20at%2010.18.50%20am.png?VersionId=Z_GE9Amz0oTdce6ntn6U5867g5Enuso2" />

They said the development&nbsp;offers an exciting opportunity for the renewal of an underutilised site and activation to the surrounding area.

"The focus for the development will be on providing a new offering to the local area. The fabrication workshop will be retained and adapted to create a new community heart that will provide a strong visual identity for the neighbourhood and new neighbourhood centre."

Development of the site is set to occur over the next five to 10 years, broadly following the masterplan layout in the Bulimba District Neighbourhood Plan.

Shayher has experience delivering multi-stage developments in Brisbane. They've previously created the $1 billion mixed-use precinct, Brisbane Quarter on George Street. That features three towers, a mix of residential and commercial next door to Brisbane Square and behind Brisbane City Hall.

Development of the site is set to occur over the next five to 10 years, broadly following the masterplan layout in the Bulimba District Neighbourhood Plan.



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