Newstead development to tower over Gasworks

1 week ago 5

Plans for a 3rd and last operation successful Mirvac’s “Sky Precinct” astatine Newstead person been submitted for assembly approval.

Standing astatine 105.2 metres, the 31-storey operation would location 138 units. Eighty-five of those would person 2 bedrooms, 42 would person three, 10 would person four-plus and determination would beryllium a solitary one-bedroom unit.

Mirvac has lodged a improvement exertion to physique a 31-storey, 138-unit operation astatine Newstead.

The tower, portion of Mirvac’s $1 cardinal Waterfront Newstead project, would beryllium the 3rd and last gathering successful Mirvac’s Sky Precinct, crossed Skyring Terrace from the Newstead Gasworks.

The precinct, astir 3 kilometres from Brisbane’s CBD, has been progressively developed implicit the past 2 decades, from an unused and dilapidated concern area to a sought-after address.

Mirvac Queensland residential wide manager Warwick Bible said the as-yet unnamed operation would adhd much-needed banal to the undersupplied Brisbane market.

“The Queensland government’s colonisation projections bespeak the metropolis volition proceed to turn by much than 14,000 radical each year, with astir a 3rd of those to reside successful Brisbane’s interior suburbs, making caller projects specified arsenic this 1 indispensable to keeping pace,” helium said.

Mirvac’s Sky Precinct astatine Newstead, Brisbane. The Gasworks is seen astatine the bottommost of the image.

“We’ve worked hard to present a premix of apartments astatine Waterfront Newstead to suit a divers array of residents, from luxury apartments to our physique to rent project, wherever 25 per cent of apartments volition beryllium cardinal idiosyncratic affordable housing, offered astatine a discount to marketplace rent.”

The improvement would person 244 car parks, including 21 for visitors, and 709 quadrate metres of retail astatine crushed level.

“Our imaginativeness has ever been to make a precinct that acts arsenic a ocular gateway to the Teneriffe and New Farm peninsula,” Bible said.

“The Civic Square delivered arsenic a portion of this connection connected the country of Cunningham Street and Skyring Terrace volition service arsenic entranceway into the precinct from the west, portion connecting Gasworks’ retail and Waterfront Park.”

Work connected the Sky Precinct started 4 years ago, with Mirvac’s exertion to physique signifier 1 – Quay – connected the site. A 2nd tower, Isle, was inactive nether construction.

Last month, Panettiere Developments submitted plans for 3 towers of betwixt 29 and 33 storeys for its “Little Italy” improvement adjacent astatine the country of Longland and Stratton streets, adjacent to the Triffid unrecorded euphony venue.