<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 off the plan apartments

Apartment developer Kokoda Property has doubled down on Milton, the sought-after, inner-suburb of Brisbane.

Having recently completed The Ambrose, Kokoda has secured a prime 1,640 sqm block at 12-16 Crombie Street, where they plan to develop a 22-level tower.

They paid around $11 million for the site.

Around 160 apartments will be spread across the building, with a rooftop pool, private dining room, and a health and wellness space with a gym.

Cottee Parker, who designed The Ambrose, have again been commissioned to draw up the plans for the new building.

<img alt="Kokoda Milton" data-entity-type="file" data-entity-uuid="d455a300-0257-414b-8e23-ce95697e076f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-08%20at%202.47.53%20pm.png?VersionId=TATPPwZCtX0b2Xwy4G7o558jy9jpKfom" />

The project will have a total value of around $160 million and will further add to Kokoda’s $2.5 billion pipeline of projects across both Queensland and Victoria, inclusive of 1,600 apartments under development.&nbsp;

A strong believer in Brisbane, Kokoda Property Founder and Managing Director Mark Stevens said all indicators point towards a robust market.&nbsp;

“Brisbane is a market primed for growth and Kokoda is excited to be playing a leading role with the announcement of another first-class development, in a sublime location," Stevens said.

“Brisbane is rapidly transforming into a new world city; its culture, business centre, technology, and lifestyle is evolving with over $40 billion of infrastructure investment planned, so naturally there is a shift occurring with demand now skewed towards sophistication and luxury residential design."

Since launching in early 2021, The Ambrose is over 98 per cent sold, with the four remaining penthouses due to tip the project to a sell-out once they hit the market.&nbsp;

[smartcode_project:default project_id=6313 project_image_fid=208659]

“Kokoda’s heritage lies in high-end luxury so this narrative carries through our brand into all our projects," Stevens added.

"Continuing this history is extremely important to us as this high-grade offering lies at the core of the company’s value proposition. We engage the best architects and interior designers from around the world to ensure that we are market-leading and cutting-edge.

“High-end developments with a design-led approach are contributing towards this transformation so we are proud to be actively developing in what is one of the most exciting times in Brisbane’s modern history.”

Kokoda will start taking expressions of interest for the new project later this month.

Around 160 apartments will be spread across the building, with a rooftop pool, private dining room, and a health and wellness space with a gym

Kokoda secure prime Milton site for Cottee Parker-designed apartment tower

Seldom does an opportunity come around to live in a penthouse designed by one of Australia's most renowned architecture firms.

Even rarer is it that you can design the floorplan yourself.

That's what Sekisui&nbsp;House&nbsp;Australia is offering atop the Uno building,&nbsp;one of the two vertical communities in The Allere Collection, part of their award-winning West End masterplan, West Village.

Rothelowman, in collaboration with Sekisui House Australia’s development team, have shared a sneak peek of just one of the custom floorplan layouts, which spreads across the whole of Uno's 19th level.&nbsp;

It spans a massive 650 sqm of internal floor space,&nbsp;as well&nbsp;as featuring seven balconies to take in the sweeping 360 degree views.&nbsp;

The floorplan incorporates four bedrooms, three in the guest wing and one master suite set privately on the other side of the apartment. The master will have its own sauna, spa, sitting room, and balcony. The bedrooms in the guest wing, each with their own ensuites and walk-in wardrobes, have a shared rumpus room. They sit the other side of a home gym and treatment room.

<a data-entity-type="file" data-entity-uuid="80432963-eb04-4b9d-81e8-842576589b0c" href="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-08%20at%208.47.34%20am.png?VersionId=H4iwfBcU4DU.EJ.wQYNRt4JRqBQcQ7W5"><img alt="Sekisui penthouse" data-entity-type="file" data-entity-uuid="80432963-eb04-4b9d-81e8-842576589b0c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-08%20at%208.47.34%20am.png?VersionId=H4iwfBcU4DU.EJ.wQYNRt4JRqBQcQ7W5" /></a>

&nbsp;

The primary living space, which is separated from the kitchen and dining area with a&nbsp;central fireplace,&nbsp;is located on the south-east corner of the penthouse, so it takes in views of both Roma St Parklands and the Brisbane River, as well as the city skyline.

The kitchen, with two butler's pantries and full width island bench, has its own balcony. The largest balcony is off the living area, and that's equipped with a full outdoor barbecue and alfresco dining space.

Completing the penthouse, between the living area and the master suite, is a room pitched as a bar with a wine cellar, complete with, you guessed it, another balcony.

Through the foyer and past the private lift entry is a library space, and a home office.

The unique prospect Sekisui is offering is that any room can be anything.

<a data-entity-type="file" data-entity-uuid="7a229982-c30b-4df1-a84f-a7b5dd18d5f4" href="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-08%20at%208.47.27%20am.png?VersionId=dBjm8yJcbG18NN0PfCQ6AVWRXbpwoWcn"><img alt="Sekisui penthouse" data-entity-type="file" data-entity-uuid="7a229982-c30b-4df1-a84f-a7b5dd18d5f4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-08%20at%208.47.27%20am.png?VersionId=dBjm8yJcbG18NN0PfCQ6AVWRXbpwoWcn" /></a>

Colette Chester, Chief Sales Officer for West Village, says the penthouse is a proposition rarely ever seen in the Brisbane apartment market.

“We’re in a very fortunate position to be able to offer purchasers the chance to redesign this penthouse level to suit their bespoke needs," Chester says.

"It’s very rare and exciting to be able to offer personal appointments with the architects to create the specific plan purchasers have always wanted, with customisable premium finishes.”

‘Should a buyer want to work with Rothelowman, they can make the most of the sweeping views across every part of the city, from the CBD skyline, the Brisbane River, to Roma St Parklands, and as far as Mt Cootha.

[smartcode_project:default project_id=114215 project_image_fid=204872]

Topping the UNO tower is a luxury infinity pool (pictured main) with views similar to the penthouse. Residents will also have access to the swimming pool crowning DUO.

There's plenty of confidence in The Allere Collection, with construction powering ahead and over 75 per cent of residences now sold.

One of the five-bedroom penthouses made headlines earlier this year when it sold for $7,016,000, a record for West End.

Since kicking off the development of West Village seven years ago, on the site of the landmark Peter's Ice Cream factory, the $1.2 billion village has&nbsp;won more than 50 awards, the most recent being the&nbsp;internationally renowned 2022 ULI APAC Award for Excellence.

Last October, Sekisui House Australia submitted plans for the eighth and final residential offering in West Village.&nbsp;Dubbed Callista on Park, the residences will have just 74 apartments, with the majority being three and four-bedroom configurations, with a small handful of spectacular penthouses.

For private VIP appointments, contact Colette Chester at&nbsp;1300 985 465 or&nbsp;<a href="mailto:sales@westvillage.com.au" target="_blank">sales@westvillage.com.au</a>

[smartcode_project_cta:default project_id=114215]

The national architecture firm Rothelowman, led locally by Duncan Betts, have put together a mock floorplan for the whole of level 19 in the tower

Sekisui to offer ultimate tailored, Rothelowman-designed penthouse in West Village

Brisbane unit values continued to show signs of improvement over February, as overall market sentiment across the country saw dwelling value declines flatten.

CoreLogic's March Home Value Index showed that, for the first time since August, units values in Brisbane didn't decline. They didn't rise either, with CoreLogic suggesting they stayed flat over February.

The previous monthly performance of the Brisbane unit market (which incorporates both apartments and townhouses) suggests values will start rising across March.

Over December, unit values contracted -0.4 per cent, then an improved -0.2 per cent decline across January. February's flatline has forecasters expecting modest growth next month.

August 2022 was the last time unit values in Brisbane rose, by 0.7 per cent, which took the unit median to $504,520.

[smartcode_project:default project_id=108736 project_image_fid=209692]

Since then there have been modest declines, not as severe as other property market segments or locations.

The median value has now slipped to $490,000. Over the last 12 months, unit values are still 3.5 per cent higher than they were in March 2022.

The Brisbane unit market is performing much stronger than the housing market, which is now -8.6 per cent lower than it was this time last year. Values contracting a further -0.4 per cent over February, to a median of $767,000.

CoreLogic's national index declined -0.14 per cent over February, the smallest monthly fall since May 2022 (-0.13 per cent), when rate hikes commenced.&nbsp;

[smartcode_project:default project_id=114215 project_image_fid=210749]

CoreLogic’s research director, Tim Lawless, said the stabilisation in housing values over the month coincides with consistently low advertised supply levels and a rise in auction clearance rates.

“The past four weeks have seen the flow of new capital city listings tracking -17.0% lower than a year ago and -11.9% below the previous five-year average,” Lawless said.

“This trend towards a below average flow of new listings has been evident since September last year, coinciding with a loss of momentum in the rate of value decline.”

[smartcode_project:default project_id=112924 project_image_fid=204776]

Lawless however suggested the recent stronger results don't necessarily indicate the market has bottomed.

“Considering the RBA’s move to a more hawkish stance at the February board meeting, along with an expectation for a weaker economic&nbsp; performance and a loosening in labour markets, there is a good chance this reprieve in the housing downturn could be short-lived,” Lawless said.

“We also have the fixed-rate cliff ahead of us; arguably the full impact of the aggressive rate hiking cycle is yet to play out.”

Brisbane's unit market is becoming more and more attractive for investors. Since the early phases of the pandemic, weekly rental values are up nearly 24 per cent in Brisbane, compared to 10.4 per cent in Melbourne and 19 per cent in Sydney.

August 2022 was the last time unit values in Brisbane rose, by 0.7 per cent, which took the unit median to $504,520

City Beat: Brisbane unit market insights for February

There's a certain magnetic vibrancy at Sekisui House Australia's multi award-winning West End community, West Village.

The $1.2 billion community, which is heading towards its final stages having kicked off way back in 2016, is well and truly thriving, with most of the retail precinct completed, packed full of specialty retailers, fresh food grocers, cafes, and restaurants.

Community events are taking place in the numerous communal spaces, everything from Creative Kids to Metro Arts performances. A day spa, Soak Bathhouse, opened on the site a few months ago, and Ippin Japanese, a fine dining restaurant, will open its doors in April.

[smartcode_project:default project_id=114215 project_image_fid=204874]

A number of residents have already moved in to their apartments, which were built in the earlier stages of the redevelopment of the landmark Peter's Ice Cream Factory site.

Time is fast running out to secure an apartment in the sought-after precinct, with the penultimate residential phase, The Allere Collection, now 75 per cent sold.

Two towers, Uno and Duo, make up The Allere Collection. They both kicked off construction in November and are expected to be finished by late 2024.

[smartcode_project:default project_id=114215 project_image_fid=204872]

One of the five-bedroom penthouses made headlines earlier this year when it sold for $7,016,000, a record for West End.

The penthouse, one of four&nbsp;planned for the Allere Collection, features a huge entertainer's kitchen with Carrara stone and a butler's pantry, kitted out with either premium Miele or V-Zug appliances. The penthouse neighbour is for sale for just under $7 million.

The configurations and design of The Allere Collection lends itself to the family buyer, either young growing families, or multi-generational families. Empty nesters and grandparents are also finding the residences cater for what they require, given the extensive family friendly precinct and amenity on their doorstep.

The three-bed flex residences, which have two full bedrooms and a multi-purpose room, have an internal living space of 100 sqm, is attracting both growing families and the downsizer, given the limited opportunity for new, three-bedroom residences in the area.

<a data-entity-type="file" data-entity-uuid="a3570113-41a3-483d-ab33-f33503224b39" href="/new-apartments/the-allere-collection-west-village-mollison-street-west-end"><img alt="Sekisui" data-entity-type="file" data-entity-uuid="081ee353-62ac-4583-a585-5baecfdde7f2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Sekisui%20Floorplan.jpg?VersionId=qsl3eZjlO1Xrd8eHd03uAsmhYXtGQ0lG" /></a> 
The three-bedroom apartments from $1.95 million

It's the same case for the limited selection of four-bedroom residences. According to property data firm CoreLogic, there's only a handful of four-bedroom apartments in the whole of South Brisbane.

To cater for the family buyer, The Allere Collection offers a vertical community lifestyle with shared access to two rooftop pools, exclusive to just the residents of Uno and Duo. The building is also pet friendly. The Paw Pavilion, an off-leash grassed area, crowns the Uno building. There's also a dog grooming room on the lower floor of Duo.

[smartcode_project:default project_id=114215 project_image_fid=207148]

There's only a few one and two-bedroom apartments left, after they were snapped up within weeks of launching.

The one-bedders, which span a generous 62 sqm of internal space and a further 12 sqm of balcony, start from $505,000*. The two-beds, with 85 sqm internal and 12 sqm external, start from $825,000*.&nbsp;Limited three bedroom residences with 135 sqm internal and 14sqm are available from $1,950,000*, and incredibly spacious 4 bedroom residences with 194 sqm internal and 28 sqm external are selling from $3,316,499*.

Since kicking off the development seven years ago, West Village has won more than 50 awards, the most recent being the&nbsp;internationally renowned 2022 ULI APAC Award for Excellence.

Last October, Sekisui House Australia submitted plans for the eighth and final residential offering in West Village.&nbsp;Dubbed Callista on Park, the residences will have just 74 apartments, with the majority being three and four-bedroom configurations, with a small handful of spectacular penthouses.

[smartcode_project_cta:default project_id=114215]

Two towers, Uno and Duo, make up The Allere Collection. They both kicked off construction in November and are expected to be finished by late 2024

Why young families and downsizers are drawn to Sekisui's home-sized West Village residences

National developer Goldfields' first foray into the Brisbane apartment market was no snap decision.

It's taken the prominent diversified developer years to put the plans together, seeking local market insights from the Colliers QLD team on the correct product mix for current market conditions.

Colliers International Australia’s Andrew Scriven, who will be heading the sales team for 33 Manning in Milton, believes the landscape has shifted significantly in residential real estate in the last two to three years.

Scriven says developers now needed to be “smarter and more considered, not only when finding opportunities but in seeing them through”.

“COVID brought with it changes that we didn’t expect but also provided opportunities we didn’t see, initially in the house and land space but subsequently in the apartment space as people chose to change the way they live,” he says.

“This could be changing states or downsizing from a larger house. This has created opportunities for developers and one of those has been tapping into previously undersupplied markets.”

As part of the consulting team behind 33 Manning, Scriven points to a combination of data insights and deep geographical and sector expertise being more valuable than ever before.

In-depth data analysis formed a critical part of the development of the new 18-storey, 131-apartment building. The insights gained helped inform the location, design and offering of the residential tower.

[smartcode_project:default project_id=108736 project_image_fid=209694]

“Population growth is a key indicator for changing consumer behaviour and it’s hard to ignore the opportunities offered by the explosive population growth in South-East Queensland and Brisbane over the past two years," Scriven says.

"Net interstate migration exceeded 30,000 people in 2021 and population growth in Queensland was recorded at 1.6% 1 ”.

Considered alongside the lack of available of stock within the western suburbs of Brisbane, Goldfields, development partner Icon, and Colliers saw an opportunity for maximising the post-COVID market.

Scriven believes few have fully understood the potential value of the western suburbs of Brisbane.

“The western suburbs have been undersupplied for some time, and local migration is still increasing at a faster rate than the supply of new homes on this side of the city,” he says.

[smartcode_project:default project_id=108736 project_image_fid=209692]

“We identified that buyers want to live in the western suburbs and as such we needed to deliver a diverse range of product to cater to a wide range of buyers and occupants. 33 Manning does just that with its mix of one, two and three bedroom apartments and penthouses with river and city views.”

Scriven says downsizers are actively seeking out lifestyle precincts that offer connection and a village atmosphere.

“These buyers are looking to stay close to the things they know while enjoying new experiences and unlocking value,” he says. “For investors, the market fundamentals on offer in Milton are its relative affordability compared to other states as well as the population and employment growth in the area.

“With the Olympics around the corner and low supply levels a result of construction and supply chain issues, we don’t see any of these fundamentals changing significantly for some time.”

For Scriven, the city’s low vacancy rate, which is currently under 0.7% is another indication why suburbs like Milton will experience increasing demand for housing.

<h2>Apartment resurgence</h2>

The combination of useful data and deep expertise is critical for developers looking to find value and stay ahead of the market. Similarly, collaboration with leading consultants and experts is invaluable.

[smartcode_project:default project_id=108736 project_image_fid=209693]

“We started to recognise that although sea-changers and tree-changers initially started buying land to build bigger houses at the height of the pandemic, affordability and confidence has led to a recent resurgence in apartment living.

“Additionally, many owner occupiers have been unlocking equity as house prices rise, downsizing their home while upsizing their lifestyle,” he said.

In Brisbane, there is currently a 46 per cent difference between the average house price and apartment price; the largest gap in the country, and the most significant in 10 years. Apartments in the city are currently providing the most value for owner occupiers and opportunity for investors.

[smartcode_project_cta:default project_id=108736]

Scriven says downsizers are actively seeking out lifestyle precincts that offer connection and a village atmosphere

How on the ground insights helped create 33 Manning in Brisbane's Milton

Brisbane-based South East Queenslander developer Spyre Group has secured another off the plan penthouse record.

Having broken the record for the most expensive apartment sale in the Gold Coast (and Queensland) last year when they sold the penthouse of their Burleigh Heads project Glasshouse for $20 million, Spyre has marked the same feat in Brisbane.

They've already sold the penthouse in their striking New Farm project Moray House, on the riverfront Moray Street in New Farm.

[smartcode_project:default project_id=105057 project_image_fid=209770]

The penthouse has 800 sqm across two levels, and will feature its very own sky garage. The sale equates to nearly $20,000 per sqm.

Simon Caulfield at Place Kangaroo Point sold the apartment to a couple who live on Moray Street.

Spyre Group Director Andrew Malouf says the bueau^proberts-designed development will&nbsp;solidify Brisbane’s status as a destination for prestige property.

[smartcode_project:default project_id=105057 project_image_fid=209775]

There are only six apartments in the architecturally-impressive, with prices starting from $9 million. The apartments have an average living space of 320 sqm.

“The starting price of $9 million owed itself to the development’s exceptional location and craftsmanship,” Malouf said.

“This property will be both a first and last of its kind.

“Each apartment can be individually curated for the new owners with custom components that allow these homes to truly classify as ‘one of one’. These include a lap pool, sky garages, wellness rooms and personalised gyms.”

[smartcode_project:default project_id=105057 project_image_fid=209774]

Moray House will feature natural materials that reflect the surrounding topography, elegant curves, stonework and cabinetry.

“While the design is breathtaking, the added appeal is the direct access to the Brisbane riverwalk and the views of the Story Bridge and city skyline from every residence.”

Spyre Group Design Manager Kent Pinel said Moray House residents would enjoy a home specifically built for sub-tropical living at an unrivalled location.

“It will present locals with a redefined vision of what a personal sanctuary ought to be,” Pinel said.

[smartcode_project_cta:default project_id=105057]

The penthouse has 800 sqm across two levels, and will feature its very own sky garage. The sale equates to nearly $20,000 per sqm.

Spyre secure $15.75 million Brisbane apartment record at Moray House, New Farm riverfront development

Seven years after securing a development site in Brisbane's Spring Hill, national property developer Cbus Property has revealed it's plans for the site.

Cbus Property, who are set to complete their other Brisbane apartment tower 433 Queen Street next year, have proposed a 30-level tower at <a href="/news/qld/cbus-property-propose-sustainable-rothelowman-designed-brisbane-apartment-development">185 Wharf Street, Spring Hill</a>, one of Brisbane's most popular inner-city suburbs.

Rothelowman have designed the striking building which will have 125 apartments. They are targeting a 5 Star Green Star rating for the project, and a Nathers rating of 7.5 Stars. There are a number of sustainable features in the project, which will be 100 per cent electric. There will be EV charging, PV panels, and rainwater harvesting which will help create a more sustainable way of living.

Rothelowman noted in their submission to the Brisbane City Council that 185 Wharf Street embodies the&nbsp;empirical learnings from the rapid evolution of multiple dwelling architecture in SEQ and responds to the market demand from prospective residents for quality, sustainability and the integration of technology.

<img alt="Rothelowman Cbus Spring Hill" data-entity-type="file" data-entity-uuid="459270f1-770d-438b-9759-f103a2363203" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-05%20at%209.30.17%20am.png?VersionId=jysmVJ6PhjQz2l7Wh4mIwBStRbpeVqCT" />

"It is proposed that an increasingly global awareness for the importance of environmental and social sustainability is closely aligned with the elevated expectations of people seeking quality higher density housing typologies in Australian urban centres," the report read.

"This enlightened longer-term focus is considered necessary to successfully respond to the increasing urbanisation of our cities and at the same time capture the opportunity to positively enhance urban living environments.

"The realisation of these core objectives will assist in promoting physical and mental wellness of individuals, create a meaningful sense of community and serve to leverage the utility of existing infrastructure to control the urban footprint."

Cbus Property are committed to the owner-occupier market, with not a single one-bed apartment on offer. They've pitched for 60 two-bedroom units, 45 three-bedroom apartments, and 20 four-bedders. There will be 233 resident parking spaces across the four basement levels of parking, and 32 bicycle spaces.&nbsp;

The apartments hav been designed to&nbsp;have a large balcony that is well connected to the living space.

"The tower has a front yard and backyard conceptual overlay which allows each unit to feel like a bespoke home," Rothelowman's report continued.

<img alt="Rothelowman Cbus Spring Hill" data-entity-type="file" data-entity-uuid="a356ac40-eaba-411c-9445-a9f1112bc4bd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-05%20at%209.33.19%20am.png?VersionId=ufSv.aeNQz8tcmJx0yfZ4S1t0k6md4c9" />

"The balconies align up the tower as the mix changes to ensure architectural integrity is maintained."

There are a number of sky terraces which occupy the top of the southern tower form. They feature expansive backyards with trees and private pools.

The resident amenity will be located on the second level and is designed as a "natural Queensland escape". Dubbed "The Conservatory", residents will have access to a jungle gym, lap pool, kids play baths, magnesium baths, a sunbathing area, numerous alfresco areas, a gym with sauna, and a private dining room.

<img alt="Rothelowman Cbus Spring Hill" data-entity-type="file" data-entity-uuid="87e6e42b-e7d9-4b7f-957f-1ff850c05828" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-05%20at%209.32.56%20am.png?VersionId=8y_efCWg.419TbnXuH5mXqYFU4KGyWVF" />

"The resident recreation amenity is considered an extension of the new subtropical Queensland apartment and offers prospective residents a sophisticated level of luxury only previously found in the single detached dwelling," Rothelowman added.

"185 Wharf Street will establish the Spring Hill Neighbourhood precinct as a re-imagined subtropical inner-city residential enclave at the doorstep of Australia’s New World City – Brisbane."

Cbus secured the 1,835 sqm site in 2015, paying $14.6 million for the block. At the time it had approval for 141 apartments across 15 levels.&nbsp;

<h2>Project Snapshot</h2>

<ul>
	<li>30-level tower</li>
	<li>125 units</li>
	<li>60 x two-bed, 45 x three-bed, 20 x four-bed apartments</li>
	<li>233 resident parking spaces</li>
	<li>32 resident bicycle spaces</li>
	<li>Level two amenity with&nbsp;jungle gym, lap pool, kids play baths, magnesium baths, a sunbathing area, numerous alfresco areas, a gym with sauna, and a private dining room.</li>
	<li>EV charging</li>
	<li>Rainwater harvesting</li>
	<li>PV panels</li>
</ul>

Cbus secured the 1,835 sqm site in 2015, paying $14.6 million for the block. At the time it had approval for 141 apartments across 15 levels

Cbus Property propose sustainable, Rothelowman-designed Brisbane apartment development

The penthouse crowning Arc Toowong, the newest Brisbane development from prominent South East Queensland developer Spyre Group, will be one of the priciest ever developed in the Queensland capital.

Spyre are seeking $14.5 million for the luxury 700 sqm spread atop the striking riverfront project designed by bureau^proberts.

The developer will be shooting for back to back records with the Toowong penthouse, having earlier this year secured the biggest price for any Queensland apartment, both off the plan and established, at it's boutique Burleigh Heads project, Glasshouse.

Bureau^proberts, who also designed Glasshouse, were again tasked with creating a visually-unrepeatable development.

[smartcode_project:default project_id=112987 project_image_fid=201583]

The penthouse boasts&nbsp;100 metres of unobstructed river frontage across two floors, the largest river frontage for a multi-resident property in Brisbane. It comprises four bedrooms, including an expansive master which has&nbsp;180-degree views over the river and St Lucia, and a private ensuite with a separate wellness spa featuring a steam room and ice bath overlooking a tropical garden.

Spyre Group Design Director Kent Pinel said that every design choice of the two-level penthouse was curated to serve a distinctly Brisbane lifestyle for a discerning buyer who appreciates rarity, craftsmanship, and who seeks an enriching life.

“From the moment you enter, you quickly find there is little the apartment cannot do,” Pinel said.

[smartcode_project:default project_id=112987 project_image_fid=207942]

“Everything exists to elevate the residents’ level of living. You have the grand art gallery and open plan living space for the entertainer, the private studies for the work-from-home executive, the blank canvas gallery wall for the culturally curious, a 5-car private garage and basement recreation space, and a private spa for the wellness inclined individuals seeking to optimise their routine."

So far 90 per cent of the buyers have been downsizers from Brisbane's western suburbs.

"It’s a property for the locals” Pinel said.

[smartcode_project:default project_id=112987 project_image_fid=207939]

The most impressive feature of the penthouse is its private rooftop terrace, which offers 360-degree views over the Brisbane skyline, the river, Mt Coot-tha and St Lucia. It comes complete with a 20-metre pool, heated spa, private yoga green and an entertainer’s kitchen with subtropical landscaping wrapping the space.

The kitchen features tailored European appliances by V-Zug and an arbored island bench thermally moulded into a solid surface, a versatile man-made material.

“Arc is our opportunity to define the architectural difference in an emerging city that is truly subtropical, maybe the only one of its kind in the world, and the rooftop terrace is built to enrich this lifestyle,” Pinel added.

[smartcode_project:default project_id=112987 project_image_fid=201584]

“You can’t get the same architectural experience of the open rooftop, the river frontage, or the subtropical garden landscaping in places like Sydney, New York, even the Gold Coast, especially not for the price.

“Brisbane has the perfect subtropical climate for this lifestyle and we're pioneering to create a design standard unique to our river city.”

The 28 apartments, which start at around $3 million, are being marketed by YPM Group.&nbsp;

The sub-penthouse, the only other four-bedroom apartment in the development, has a $7.25 million price tag.

[smartcode_project_cta:default project_id=112987]

Spyre are seeking $14.5 million for the luxury 700 sqm spread atop the striking riverfront project designed by bureau^proberts

Brisbane's best penthouse? Spyre Group light up Toowong with ARC penthouse

Development in Brisbane's Olympic Village precinct is continuing to gather steam.

The latest to enter is Descon Group Australia, who have paid over $70 million for a 7,880 sqm site next to the Brisbane River at Northshore Hamilton.

There's approval for a three-tower mixed-use precinct at 19 Hercules Street, which would see more than&nbsp;400 residential apartments created and a 4,500 sqm retail and dining precinct.

Descon Group Chairman Danny Isaac said the group’s development arm delivers a diversified income stream and a strong forward pipeline to complement its growing vertically integrated construction and engineering business.

He said the Hercules Street site was key to Northshore Hamilton’s redevelopment plans and on the doorstop of the 2032 Olympic Athletes Village.

“This site is located in the heart of the Games development and will be a fantastic addition to the Brisbane skyline,’’ Isaac said.

“The Queensland Government is 10 years into a 40-year master plan for this Priority Development Area, which is already attracting investments in infrastructure, transport, business and economic growth.

“Descon’s depth of experience, together with its strong balance sheet and ability to deliver projects, from complete engineering and building structures to the entire design and construct lifecycle, gives us a strong delivery advantage and we plan to commence construction early 2023.”

Danny Isaac said the project would be delivered in stages over the next four to five years. Wentworth Equities Director Simon Slavin and Sameh Ibrahim, who purchased the site eight years ago, said they were pleased to be handing the baton to Descon to deliver the project’s vision.

<img alt="Descon" data-entity-type="file" data-entity-uuid="fb52f846-c56f-4887-b886-beca2996ed3b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-14%20at%201.34.47%20pm_0.png?VersionId=aM7Z8n.ofbHjGwKJfKo_2qY7A3VQcJ0X" /> 
Left to right; Pieter Zeeman (Descon QLD GM); Simon Slavin; Danny Isaac; Sameh Ibrahim

Slavin was instrumental in the design and development of the Homebush site for Sydney’s 2000 Olympic Games and has been involved in numerous legacy developments, including Wentworth Point.

“The highly experienced team at Descon are well equipped and have an ambitious plan to bring the project to fruition,” Slavin said. “It will be the jewel in the crown of Brisbane’s largest urban waterside renewal project. The momentum is certainly building for the 2023 Olympics.’’

The waterfront site is located beside Portside Wharf’s entertainment and commercial centre, with easy access to Kingsford Smith Drive and the airport, and only 6km from the Brisbane CBD.

There's approval for a three-tower mixed-use precinct at 19 Hercules Street, which would see more than 400 residential apartments created and a 4,500 sqm retail and dining precinct.

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