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Couriermail.com.au---$92 million East Brisbane project Sinclair accelerated

$92 million East Brisbane project Sinclair accelerated, creating 2,000 jobs
A $92 million apartment development that will create more than 2000 jobs will feature a design never seen before in Brisbane.

Thomas Morgan, Urban Affairs reporter, The Courier-Mail

July 30, 2020 2:40pm

Construction of two major apartment towers in East Brisbane have been brought forward despite testing times for the economy.

The dual-tower Sinclair project from Brisbane-based developer Mosaic Property will start in late August rather than October.

The site of the 122-unit proposal along Wellington Rd was formerly owned by failed ‘alternative investments’ firm BlueSky, which targeted investors.

Mosaic Property managing director Brook Monahan however said Sinclair had sold strongly through lockdown, with luxury apartments targeted at owner-occupiers still in demand despite the doom and gloom.

“It’s a pretty amazing story against the flow,” Mr Monahan said.

“We’re well over 75 per cent sold.”

He said the $92.5 million project would create 2,000 jobs through construction, and sales in July had been as busy as prior years despite the pandemic.

Among the features of the project would be a sky bridge linking the two towers, which Mr Monahan said was the “first of its kind” in Brisbane.

The developer, who founded Mosaic in 2004, was also upbeat about the state’s path charting its way out of the COVID-19 pandemic.

“Queensland is in a better position than any other state in the country for economic growth,” he said.

“It’s just given us confidence to stick with the plan.”
 

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This one totally loses me on the map. There are definitely two Lambert Streets. I'm guessing it has to do with roads being blocked off years ago but it still leaves two in my book
 

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It's a shame and lost opportunity that BCC aren't requiring the extension of the riverwalk by the developers in front of the site as part of the DA. Big missing link in KP.
 

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It's a shame and lost opportunity that BCC aren't requiring the extension of the riverwalk by the developers in front of the site as part of the DA. Big missing link in KP.
While I agree that the riverwalk should totally be extended along that stretch, 104 Lambert is a wedge-shaped site with very little direct river frontage, so that site by itself would contribute very little to a riverwalk extension.
 

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The application does address its Riverwalk frontage in that the buildings are set back from the river sufficiently to allow future resumption and construction of the riverwalk on that land.

It's probably a negotiating tactic to get BCC to pay for the land (as trunk infrastructure) rather than relying on the land being conditioned to be transferred.
 

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There is a survey and video of the promoting the new proposed Woolworths at Kangaroo Point. Apparently there is some kind of dispute which is holding it back for the moment.
 

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^^ Have a look at the DA. There's legal action between the applicant and council over whether the application was property made, a large number of submissions against the development, and a fair number for it as well. It's a bit of a sh!t fight at the moment...

 
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