The Urban Developer
AdvertiseEventsWebinarsUrbanity
Industry Excellence
Urban Leader
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
A one-day deep dive on office, retail, healthcare, childcare and alternative sectors
UPCOMING | COMMERCIAL REAL ESTATE SUMMIT
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
RetailRalph NicholsonFri 24 Nov 23

Way Cleared for Albert Street Cross-River Rail Tower

QIC Approval Hero

The Queensland Investment Corporation has been given the go-ahead for its landmark $750-million, 40-storey office tower in the Albert Street Cross River Rail precinct.

Economic Development Queensland has approved the over-station development above the Cross River Rail project in the priority development area within the Brisbane CBD. 

The decision paves the way for construction of the 45,000sq m Architectus and Henning-Larsen-designed mixed-use commercial building on a 2500sq m site at 101 Albert Street in the Brisbane CBD.

The Albert Street development will be the first of four above-ground developments linked to the $5.4-billion Cross River Rail project—a key transport link being built in advance of the 2032 Brisbane Olympic Games.

The tower will include 31 storeys dedicated to prime office, as well as a 4000sq m of public open space, with retail and dining across the “vertical village”. Two basement levels will sit below a five-storey podium.

The structure will rise slightly more than 190m, next to and slightly above the new Albert Street Cross River Rail Station.

An engineering report lodged with the development application says the building will adjoin a cavern station—a mined arched structure—that runs under Albert Street. There are duct and escape passages below the cavern that link back to the main station structure.

An aerial photo of Brisbane.  The cross-river rail project includes 5.9km of twin tunnels running under the Brisbane River and the central business district.
▲ The cross-river rail project includes 5.9km of twin tunnels running under the Brisbane River and the central business district.

The cross-river rail project is a new 10.2km rail line that includes 5.9km of twin tunnels under the Brisbane River and the central business district. It includes four new underground stations at Boggo Road, Woolloongabba, Albert Street and Roma Street.

The project will also deliver a new above-ground station at Exhibition [Bowen Hills] and a rebuild of seven stations between Dutton Park and Salisbury. Three new stations will be built on the Gold Coast, as well as two new train stabling facilities while a a world-class signalling system will be installed.

At its peak, the Cross River Rail is expected to create 7700 construction jobs.

When completed, the new rail precinct is expected to service more than 67,000 commuters each weekday by 2036.

The Albert Street Cross River Rail precinct is slated for completion in late 2027. 

An artist's impression of the project, will deliver 31 storeys dedicated to prime office, as well as a 4000sq m of public open space.
▲ The project will deliver 31 storeys dedicated to prime office, as well as a 4000sq m of public open space.
InfrastructureAustraliaPlanningPlanningSector
AUTHOR
Ralph Nicholson
More articles by this author
ADVERTISEMENT
TOP STORIES
Sud-slingers are back in action in 2025, with the Sydney market recovering after years of disruption.
Exclusive

Sydney Pub Market Rebounds After Post-Covid Lows

Patrick Lau
5 Min
Gelephu Mindfulness City: Bhutan how a city of the future is planned
Exclusive

Bhutan’s Mindfulness Masterplan Resetting How Cities Work

Renee McKeown
8 Min
Long Bay Correctional hero
Exclusive

Time to Rethink: Fresh Bid to Unlock Prison’s Prime Site for Homes

Clare Burnett
7 Min
Inside NSW Housing Divide-Mosman
Exclusive

‘The Machinery Underneath is Broken’: Inside NSW’s Housing Divide

Vanessa Croll
9 Min
Exclusive

Queensland Decade of Gigaprojects a Developer’s Goldmine

Phil Bartsch
5 Min
View All >
Plans for 3-7 River Terrace, tweed heads by turner for briscoe hotel group
Placemaking

Briscoe Greenlit for ‘Transformative’ Tweed Project

Renee McKeown
Scape RMIT PBSA
Student Housing

Scape Eyes University Campus Accommodation Takeovers

Leon Della Bosca
Placemaking

Queensland Seeks Developer for South Brisbane Visy Site

Lindsay Saunders
The 7.1ha riverfront ‘Southbank 2.0’ site could deliver 4000 homes, parks and commercial space to the Kurilpa Precinct..…
LATEST
Plans for 3-7 River Terrace, tweed heads by turner for briscoe hotel group
Placemaking

Briscoe Greenlit for ‘Transformative’ Tweed Project

Renee McKeown
2 Min
Scape RMIT PBSA
Student Housing

Scape Eyes University Campus Accommodation Takeovers

Leon Della Bosca
5 Min
Placemaking

Queensland Seeks Developer for South Brisbane Visy Site

Lindsay Saunders
3 Min
Real Estate

How Rising Costs are Rewriting Portfolio Strategies

Partner Content
6 Min
View All >
ADVERTISEMENT
Article originally posted at: https://www.theurbandeveloper.com/articles/way-cleared-for-albert-street-cross-river-rail-tower