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RetailStaff WriterMon 16 May 16

Brisbane To Glisten With $270m Mixed-Use Gold Tower

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A gold tower with high-end retail and residential units is set to be approved by Brisbane City Council’s City Planning Committee today (Tuesday), according to The Courier-Mail.

The $270 million Aria Property Group development at 155 Edward St and designed by Rothelowman will reportedly include 642 residential units, two levels of office space and retail space occupied by luxury brands Hermes and Rolex.


The Courier-Mail reported City Planning Chairman Councillor Julian Simmonds said the landmark proposal set a new benchmark for design ingenuity and would be built above the existing facade, at 82 storeys up to 274m, which is the maximum height allowed for CBD buildings.

“The luxury residential apartments will have access to high-quality recreation spaces including an open-air podium with lap pool and barbecue facilities, rainforest reading rooms, a private business centre, a wellness centre and two cinemas,” Cr Simmonds said.

“The project includes 313 one-bedroom apartments, 219 two-bedroom apartments and 110 three-bedroom apartments, with each apartment up to level 40 including a private residential Wintergarden balcony.

“The tower is encased with a gold glass feature, adding to the striking design, which builds an innovative platform to showcase our city’s most high-end retail tenancies, including Hermes, Mont Blanc, Rolex and Max Mara.”

Various responses to the announcement have centred around concerns of current oversupply in Brisbane's CBD.

Aria Property Group did not respond when contacted.

ResidentialRetailAustraliaSector
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"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
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Article originally posted at: https://www.theurbandeveloper.com/articles/brisbane-set-to-glitter-with-270m-gold-tower