The Urban Developer
AdvertiseEventsWebinarsUrbanity
Industry Excellence
Urban Leader
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Urban Leader Awards Logos RGB White
NOMINATIONS CLOSE SEPTEMBER 12 RECOGNISING THE INDIVIDUALS BEHIND THE PROJECTS
NOMINATIONS CLOSING SEPTEMBER 12 URBAN LEADER AWARDS
LEARN MOREDETAILS
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
print
Print
RetailStaff WriterTue 09 May 17

New Commercial Tower Welcomed For Fortitude Valley Transformation

image002_620x380

The next stage of Fortitude Valley’s ongoing transformation has begun, with Brisbane City Council recommending approval of plans for a new commercial office tower.

The 23 storey tower will be the first stage in a $500 million transformation of the train station precinct with the creation of a master planned residential, retail and business hub.

LaSalle Investment Management’s International Director Ian Mackie said the approval would continue the Valley’s renaissance as a business centre and focus renewal on this formerly neglected part of the Valley.

“We’re looking to create a safer, more vibrant environment and breathe new life into the precinct,” Mr Mackie said.

The renewal is expected to be particularly welcomed by the 15,000 rail commuters who pass through the precinct each week day.

The commercial tower on the corner of Constance and Alfred Streets will deliver a dedicated pedestrian entry to the site.

The existing multilevel commercial car park will be retained but commuters will no longer need to walk through it to access the station.

“The Fortitude Valley station is the gateway to the Valley for thousands of commuters a day, but the precinct around the station is in desperate need of renewal,” Mr Mackie said.

LaSalle Investment Management is also planning the development of a 30-storey apartment tower featuring 207 apartments and a dramatic refurbishment of the Valley Metro retail centre.

The aim will be to create a light, airy destination, with family styled entertainment and new retail tenancies creating a seven day a week environment, but work was subject to ongoing lease negotiations with Queensland Rail.

Construction of the commercial tower (32,000m 2 NLA) could start in the next 12 months.

“We’re constructing an A Grade building with large 1,600m2 plates, and Council’s approval means we can now talk to a range of prospective tenants about the quality of the offer here," Mr Mackie said.

Brisbane City Councilor Vicki Howard said the development would provide a huge boost to the precinct.

“Following completion of this project, we will see the Valley’s daytime economy grow, with more residents and workers to take advantage of the dining and retail opportunities that the Valley has to offer," she said.

Architectus was appointed to take the lead on the commercial tower's architecture, and architect Colin Odbert said their designs respected the heritage value of the area while incorporating subtropical themes such as cool, shaded spaces, sky gardens and covered lanes.

IndustrialAustraliaConstructionPlanningArchitecturePolicyPlanningPolicy
AUTHOR
Staff Writer
"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. "
More articles by this author
ADVERTISEMENT
TOP STORIES
Stockland bumps up its apartment pipeline in melbourne and sydney
Exclusive

Stockland Re-Enters Density in $5bn Apartment Play

Renee McKeown
4 Min
Woolloongabba Precinct Vulture St
Exclusive

Brisbane Developer in Cross River Rail Compensation Tussle

Clare Burnett
4 Min
The Mondrian Gold Coast hotel's food and beverage is driving profits
Exclusive

Touch, Taste, Theatre: What’s Driving Mondrian’s Success

Renee McKeown
6 Min
Fortis’ display suites are designed as brand environments first, with tactile details and curated design to build buyer confidence before project specifics.
Exclusive

Relevant or Redundant: Will Tech Kill Display Suites?

Vanessa Croll
7 Min
Exclusive

Missing Heart: Why The Gold Coast Needs a CBD

Phil Bartsch
7 Min
View All >
JQZ Parramatta EDM
Residential

JQZ Plots 10-Storey Addition to Parramatta ‘Auto Alley’ Plans

Clare Burnett
Stockland bumps up its apartment pipeline in melbourne and sydney
Exclusive

Stockland Re-Enters Density in $5bn Apartment Play

Renee McKeown
The Adelaide purpose built student accommodation market is about to increase by 1058 beds with the State Commission Assessment Panel supporting two towers in the making.
Student Housing

Highrise Approvals Add 1000-Plus PBSA Beds in Adelaide

Renee McKeown
The two towers, of 35 and 34 storeys, help cement the SA capital’s growing status as the best place in Australia for the…
LATEST
JQZ Parramatta EDM
Residential

JQZ Plots 10-Storey Addition to Parramatta ‘Auto Alley’ Plans

Clare Burnett
3 Min
Stockland bumps up its apartment pipeline in melbourne and sydney
Exclusive

Stockland Re-Enters Density in $5bn Apartment Play

Renee McKeown
4 Min
The Adelaide purpose built student accommodation market is about to increase by 1058 beds with the State Commission Assessment Panel supporting two towers in the making.
Student Housing

Highrise Approvals Add 1000-Plus PBSA Beds in Adelaide

Renee McKeown
3 Min
South Melbourne social housing precinct
Affordable & Social Housing

South Melbourne Housing Precinct Revamp Takes Next Step

Leon Della Bosca
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://www.theurbandeveloper.com/articles/new-tower-welcomed-fortitude-valley-transformation