SkyscraperCity banner

1 - 20 of 5123 Posts

·
Registered
Joined
·
222 Posts
Discussion Starter #1
Leighton set to build on $29m Valley site
09 Mar 2007

Leighton Holdings is planning a 28,000sqm office building on a big development site it has contracted to buy for about $29 million in Brisbane's Fortitude Valley.

Leighton Properties and Leighton Contractors will jointly develop the 1ha site, which is home to the Brisbane Indoor Sports Centre, on the corner of Wickham and Brookes streets.

The move further strengthens Leighton's push into Queensland, where it outlaid about $95 million last month for a 40 per stake in a Brisbane-based home builder, Devine, and where it already has a strong work-book in development and construction.

Leighton Contractors is planning to move from its Coronation Drive headquarters to occupy "a significant portion" of the new building on completion early in 2009.

Leighton Properties managing director Vyril Vella confirmed yesterday that contracts for the site purchase had been exchanged.

The vendor, Australian Hearing Aids, occupies space on the site and will move to a new facility elsewhere.

Leighton Properties director and Queensland manager Andrew Borger said the "highly visible" corner was on the main route out of the city, close to public transport and to the north-south bypass tunnel.

"The size of the site offers us flexibility in planning and allows us to stage the construction," Mr Borger said.

It was also in the heart of Fortitude Valley's new lifestyle precinct, close to the Anthony John Group's $225 million Emporium mixed-use development and to the James Street dining and entertainment zone.

Leighton Contractors northern region manager Darren Weir said the project would allow his company to consolidate its offices under one roof in "a vibrant growth corridor".

"Attracting and retaining staff is a key challenge for the construction industry and I am confident this location will be a place where people want to work," he said.

Mr Weir said the new venture would build on the successful partnership between the two Leighton arms that created the award-winning Green Square project nearby.

The new development meant Leighton Properties would have 115,000sqm of office space in the Brisbane market, with Green Square, Wickham Street and the CBD office tower at 400 George Street, a joint venture with Grosvenor Australia, now planned or under construction.

Meanwhile, near the Wickham Street site, the Valley Police Station is also scheduled for redevelopment soon.
 

·
...........
Joined
·
23,969 Posts
The lot near Green Square on St Pauls Terrace which houses Centrelink and St. Vincent (?) has also been sold and Multiplex plans to build 2 approx. 12 storey towers!!
 

·
i've changed my mind
Joined
·
3,809 Posts
The lot near Green Square on St Pauls Terrace which houses Centrelink and St. Vincent (?) has also been sold and Multiplex plans to build 2 approx. 12 storey towers!!
thats good news... but where will they put centrelink??? i kind of liked the fact that it wasnt that visble (down a little back street)
 

·
...........
Joined
·
23,969 Posts
I know that Green Square was a majority community services and the like...maybe in there?
 

·
Like whatever....
Joined
·
9,177 Posts
The Valley is going amazing at the moment. The northern end of the valley around Emporium and Commercial Road could see an extra 6000 to 10000 people working there if all these projects go ahead.

Amazing!

J
 

·
...........
Joined
·
23,969 Posts
There are 8 actual proposed towers in the Valley with 5 of them being classed as a high rise tower! This is incredible.

There is also a new proposal at the corner of Chester and Ann Streets. This will have 2 towers. The tallest tower is 14st and 55m tall with the smaller tower have 1 section at 9st and the other at 7st. DA. Could someone please update Emporis.

The site is opposite Emporium on Ann Street.
 

·
Like whatever....
Joined
·
9,177 Posts
So do we think that with all this extra development The Valley will ever be as big as Adelaide or North Sydney?

Would be interesting to see a list of new developments and where they are.
J
 

·
...........
Joined
·
23,969 Posts
Valley Metro
Green Square Tower,
40 Alfred Street (10 storey)
Brookes Street Twin Towers (On the site of the Indoor Sports Centre)
Cnr Brookes and Ann (Emporium Site)
KMSmith Development (Ann Street opposite Emporium - 1 highrise and 2 smaller towers)
Ann Street next to Pmm (11st)
Waterloo Hotel Development.


There are also a number of sites available for dev such as the centrelink building on St. Pauls Terrace is up for sale, there are still 1 or 2 more towers for the Green Square Development etc.
 

·
...........
Joined
·
23,969 Posts
The Alfred Street Office Tower proposal has been increased from 6 to 10 storeys.
 

·
i've changed my mind
Joined
·
3,809 Posts
So do we think that with all this extra development The Valley will ever be as big as Adelaide or North Sydney?

Would be interesting to see a list of new developments and where they are.
J
:rofl: yes, the valley will be as big as adelaide.
 

·
...........
Joined
·
23,969 Posts
Looks like the towers on the corner of Brooks and Wickham Streets is going to be called HQ. Probably a change needed for Emporis also:

 

·
...........
Joined
·
23,969 Posts
A parcel of land on Whickham street (as mentioned in Prime Site) that had a 6 storey Office building approved, has been bought and the new owner wants to do a mixed use tower between 20 and 30 storeys.

Edit: It's 186 Wickham Street
 

·
Maglev Believer
Joined
·
2,259 Posts
Put in a big old whack of "affordable housing" and the council will probably give it the green light. Seems to be the story these days, but if so then cool, gives a new side to the Valley and we need more height to cope with population boom.
 
1 - 20 of 5123 Posts
Top