This article is from the Australian Property Journal archive
A PROMINENT stretch of Given Terrace in Brisbane’s hip inner-city locale of Paddington, known for its fashion, bars and restaurants, has been earmarked for redevelopment into luxury apartments and short-stay accommodation suites.
With an eye to the 2032 Olympics, P&MV Constructions, in collaboration with Core Property Partners, has lodged plans to reinvigorate a the 2,830 sqm site at 208-220 Given Terrace, seeking “to retain and restore the village feel of the character retail strip”.
The plans include a five-storey building, set back from the character façade, with 12 three-bedroom apartments with extensive greenery, rooftop amenities, and unobstructed views over the Brisbane CBD, Paddington Hill, and Red Hill’s landmark St Brigid’s Church, as well as a four-storey building with 31 short-stay suites, recognising the site’s close proximity to Suncorp Stadium and key Olympic precincts.
Speaking on behalf of P&MV Constructions, Nick Vidakovic said the proposal presented a once-in-a-generation opportunity to reinvigorate the prominent high street and attract more visitors back to Paddington’s retail heart.
“We believe by transforming this part of Paddington into a precinct, rather than a destination, will improve foot traffic not only on Given Terrace, but also on Latrobe Terrace,” Vidakovic said.
A new laneway connects the precinct to the neighbouring childcare centre, and will provide a civic space that includes a timeline of the area’s history, dating back to 1881. It will be named “Hanlon Lane” in homage to Michael Edward “Ned” Hanlon, who served as Queensland Premier from 1946 to 1952.
Core Property development manager Bikram Kaler said a focal point of the proposal is the restoration of the commercial character retail strip to accommodate artisan providores, restaurants and cafes.
“Given Terrace is the original heart of Brisbane’s high fashion and café culture, however in recent years it has lost some of that lustre,” Kaler said.
“The proposed development seeks to preserve Paddington’s character and reinvest in the prominent retail strip so that it attracts more food and fashion lovers to the high street.”
Designed by David Hansford of DAH Architecture, the project draws inspiration from the suburb’s “tin and timber” homes and Brisbane’s contemporary sub-tropical lifestyle.
Kaler said the mixed-use precinct will have a front row seat to the 2032 Olympics.
“Paddington is well connected to the city’s top sporting and entertainment sites, with the transition of Given Terrace to Caxton Street providing seamless pedestrian access to Suncorp Stadium, The Barracks, and the proposed Brisbane Live precinct at Roma Street,” he said.
“Enhancing the existing retail spaces and providing a mix of residential and short stay accommodation will encourage increased visitation, create new jobs and deliver a positive economic impact for the suburb in the lead up to the 2032 Olympics and beyond.”
