Construction Underway Of Flight Centre's New HQ At Southpoint

Construction has commenced on

Anthony John Group’s $590 million

Southpoint development, with Flight Centre’s new headquarters underway.

The South Bank development is soon to become one of the largest mixed-use, transport oriented development (TOD) projects in Queensland, incorporating A-grade office space, convenience-based retail, an upgraded rail station, luxury apartments and Brisbane’s second Emporium Hotel.

The milestone comes just two months after

German property investor Union Investment Real Estate purchased Southpoint’s commercial offering in a $200 million forward-funding deal.

Flight Centre has taken a 10-year lease on Southpoint’s 13-storey commercial tower, which will house the global travel company’s current workforce, as well as having capacity to accommodate expected future strong growth.

Anthony John Group Managing Director Tony John said that construction commencement was a significant milestone for both Flight Centre and the broader Southpoint development.

“Turning the first sod represents the physical start of the site’s transformation to a thriving residential, commercial, retail and community hub,” he said.

“With the commercial building underway and almost all of our Stage 1 apartments sold, we can now increase our focus on developing and delivering our retail offering, which is already strong due to Woolworths signing a 20-year lease.”

Mr John said that confidence in both Southpoint’s commercial and residential offerings was a testament to the development’s broad appeal.

“Southpoint’s unique design seamlessly integrates office, retail, residential and hotel uses with a public transport hub to create a safe, vibrant and exciting place that confirms South Bank as Brisbane’s leading master-planned, mixed-use community,” he said.

Major construction contractor Watpac will build Flight Centre’s new headquarters with construction due to be complete by mid 2016.