The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
FULL PROGRAM RELEASED FOR URBANITY-25 CONNECTING PROPERTY LEADERS ACROSS THE ASIA PACIFIC
FULL PROGRAM RELEASED FOR URBANITY-25 WHERE THE PROPERTY INDUSTRY CONNECTS
VIEW FULL AGENDADETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
5
print
Print
RetailTaryn ParisWed 28 Sep 22

Developer Plots Queensland’s Biggest Build-to-Rent Project

Property Projects Australia has unveiled plans for a 400-apartment build-to-rent development on a significant site in Brisbane’s Ekka Precinct. 

While mystery surrounds who the developer behind the plan for the 2896sq m site at 15 Anderson Street, Fortitude Valley, is, The Urban Developer understands the landowner is currently listed on RP Data as Gantry Nominees Pty Limited, which lists directors including former Propertylink chairman Peter Lancken.

Integrated industrial developer ESR acquired Propertylink in 2019 for $723 million. 

Propertylink won approval for a 230-apartment development on the site in 2014.

The ambitious build-to-rent development would be Queensland’s biggest in the asset class to date, ahead of Frasers Property’s Brunswick & Co, which has 366 apartments, and Mirvac’s LIV Anura, which is 395 apartments. 

A Property Projects Australia spokesman said the ground plane would feature three retail tenancies that would service residents and King Street precinct commuters. 

The development would comprise 249 one, 122 two and 29 three-bedroom apartments, with rooftop amenities for the exclusive use of residents, which include a pool terrace, bar, cinema, gym and co-working area. 

15 Anderson Street, Fortitude Valley
▲ Mystery surrounds the identity of the developer behind plans for a 400-apartment Telha Clarke-designed build-to-rent project in Brisbane's Ekka precinct.


The corner block development has been broken into two nested volumes with a recessive vertical garden spine, according to Telha Clarke’s design statement. 

“The podium in contrast aims to create a solid base, which embeds the towers in the landscape,” the report said.

“The proposal for 15 Anderson Street aims to offer a building which both acknowledges and strengthens the architectural language of the Foritutde Valley area, creating varied spaces for living, interacting and connecting for residents and the public alike.

“Given the footprint of the site, through-site access was imperative to allow for ease of circulation.”

A publicly accessible urban forecourt would be constructed at the intersection of Costin and Water streets with landscape design by RPS that reinterprets the creekline that once existed where Water Street is now. 

Low-rise commercial and industrial buildings would make way for the development if Economic Development Queensland approves the plans for the large site in the priority development area.  

Queensland’s build-to-rent pipeline has more than doubled in the past year, driven by aggressive acquisition strategies from major players who have been scaling up.

While Victoria dominates Australia’s build-to-rent pipeline with 60 per cent of stock, both operational and in planning or construction, Queensland’s pipeline has grown significantly to now be well ahead of NSW.

According to property advisory firm Charter Keck Cramer, there are about 1150 build-to-rent apartments approved and preparing to break ground and a further 1000 apartments in planning in the city’s inner and fringe regions.

ResidentialBrisbaneAustraliaPlanningPlanningSector
AUTHOR
Taryn Paris
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

Billbergia’s John Kinsella: Whiskey, Fun and a Fear of Heights

Vanessa Croll
8 Min
Exclusive

Paperwork to Plate: The Rise of Brisbane’s Midtown

Taryn Paris
6 Min
Wel Co's Thornhill Park, 40km west of the Melbourne CBD.
Exclusive

Waiting for Victoria: Why Wel.Co says State Planning isn’t Working

Marisa Wikramanayake
6 Min
Woods Bagot Principal Alex Hall and Penny Place Adelaide
Exclusive

Amplified Affordability: Woods Bagot Cracks Housing Cost Code

Leon Della Bosca
8 Min
Goodman Brisbane Industrial EDM
Exclusive

Olympics a ‘Springboard’ for Brisbane’s Industrial Age

Clare Burnett
6 Min
View All >
Irongate Minchinbury Cold Storage
Industrial

Irongate Adds Cold Storage Deal to $350m Industrial Play

Vanessa Croll
Exclusive

Billbergia’s John Kinsella: Whiskey, Fun and a Fear of Heights

Vanessa Croll
Ocean reef marina in perths northern beaches will include a new marina, business area, dining and homes
Development

Perth’s Ocean Reef Marina Development Site Sale Looms

Renee McKeown
The 1000-home precinct north of the WA capital will include the city’s first coastal pool and protected man-made beach…
LATEST
Irongate Minchinbury Cold Storage
Industrial

Irongate Adds Cold Storage Deal to $350m Industrial Play

Vanessa Croll
3 Min
Exclusive

Billbergia’s John Kinsella: Whiskey, Fun and a Fear of Heights

Vanessa Croll
8 Min
Ocean reef marina in perths northern beaches will include a new marina, business area, dining and homes
Development

Perth’s Ocean Reef Marina Development Site Sale Looms

Renee McKeown
2 Min
High-density residential construction in Melbourne
Finance

‘More Private Credit than Cranes’ But That’s About to Change for Melbourne

Taryn Paris
7 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/anderson-build-to-rent-brisbane