Developer Reveals 16-Storey Newstead Apartment Tower
Lucas Christopher
Principal Architect at LUCAS CHRISTOPHER ARCHITECTS I QLD+NT Registered Architect Brisbane Australia
Frasers Files Apartment Precinct Plan For Brisbane Hotspot
PLANNING I TED TABET I THU 03 FEB 22 I THE URBAN DEVELOPER
?Frasers Property Australia is beefing up its development pipeline, filing to develop an apartment precinct in Newstead as?south-east Queensland’s booming market?continues to gather pace.
The developer and investor, a subsidiary of Singaporean property giant Frasers Property Limited, wants to build a 16-storey tower with 142 apartments and 10 townhouses on the corner of Chester and Morse streets.
The 3000sq m site, picked up by Frasers Property Australia in July 2021, is currently occupied by two industrial buildings and a carpark.
At the time of the acquisition, Frasers Property Australia said the site had been selected due to its close proximity to Brisbane’s emerging James Street precinct.
The proposed development is aimed at owner-occupiers due to its location—next to the established Gasworks precinct and Brisbane River.
The 15,000sq m, Rothelowman-designed tower will sit above four levels of basement car parking for 250 vehicles, two ground floor retail tenancies and be topped with a rooftop pool.
Running through the centre of the site will be a new pedestrian laneway to connect Chester Street with the greater James Street precinct.
At the rear of the site, along Morse Street, two rows of townhouses are planned, each with its own terrace garden.
The project’s development manager declined to comment to?The Urban Developer?on the application.
AUTHOR: Ted Tabet