This article is from the Australian Property Journal archive
THE Queensland Government has awarded Leighton Properties the bid to develop a new $400 million waterfront community at Brisbane riverfront site, Northshore Hamilton.
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The award paves the way for Leighton Properties to finalise a detailed proposal to design and build apartment, retail and commercial buildings in Northshore Hamilton.
Deputy Premier and Minister for Infrastructure, Local Government and Planning Jackie Trad said Northshore Hamilton is one of Australia’s largest urban renewal projects, stretching along 2.5km of Brisbane riverfront land.
She added that it would revitalise an under-utilised, inner city area and create a new residential and retail hub.
“Understandably this rare opportunity to develop a 2ha parcel of land on Brisbane’s riverfront attracted top-tier developers, all bidding for the chance to turn it into something special.
“Great competition has resulted in a wonderful outcome for Brisbane, with Leighton’s proposal including a riverfront parkland and boardwalk which the community can easily access and use,” she continued.
The plan includes are over 700 apartments, 18 retail shops, parkland and community swimming pool.
The state government will invest $20 million to develop a shared public precinct and boost community infrastructure.
Trad said the design team consists of notable Malaysian architect Ken Yeang, whose firm has received over 70 awards in 25 years including the Prinz Claus Award (Netherlands) and the Aga Khan Award for Architecture (Geneva).
“Yeang’s design intends to deliver a world class sub-tropical eco-master plan of “building in the park”,” Trad said.
Leighton Properties project director John Campbell said they were excited to be selected as the preferred developer.
“We put a lot of thought into the public parkland and how to integrate it into the design of the apartments – and I think the result is quite unique,” Campbell said.
Australian Property Journal