A development application has been submitted for a 16 level commercial office tower at 11 Breakfast Creek Road, Newstead.
The development which is known as ’11BCR@GASWORKS’ is a joint venture between Charter Hall and John Holland who bought the site from Tatts Group for $16.5 million.
Tatts Group had planned to build its new national headquarters on the Newstead site but had changed its plans, instead opting to take out 10 levels of Daisho’s new 180 Ann Street office tower in the CBD.
The updated DA consists of the following changes:
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- The building facade has been refined to reinforce the podium and tower typology and illustrates a clear podium and tower form
- The proposal removes one storey, reducing the building height from 17 storeys to 16 storeys
- The GFA has been increased by 165m² due to the voids in the original approval being removed
- Reconfiguration of the external columns at the ground level plaza to enhance structural support whilst maintaining the Gasometer viewshed
- Reconfiguration of the floor plates to allow for an improved efficiency whilst maintaining articulation
- Rationalisation of the podium design to maintain interest and articulation whilst enabling greater constructability of the design
- Amendments to the basement to allow for additional car parking, with 13 additional spaces.
The development has been designed by Brisbane-based Architectural firm Blight Rayner and features two ground floor retail tenancies.
John Holland itself has pre-committed to two floors of the tower which will house its Queensland headquarters.
Charter Hall Prime Office Fund manager Craig Newman explained to the Australian that Brisbane’s near-city market had stabilised this year, recording an improvement in leasing activity, with the A-grade vacancy rate falling from 15.7 per cent to 13.4 per cent.
Construction of the tower is anticipated to start in the first half of 2017 pending securing enough leasing pre-commitments.
The DA number for this development is A004591856.