171 Edward Street, Brisbane
The 81-storey tower would have included 642 apartments; 313 one-bedrooms, 219 two-bedrooms, and 110 three-bedrooms. Recreation areas with a pool, gymnasium and games room would have been located across levels 4 and 5. Retail space was also planned for the ground floor and mezzanine level.
A development application, lodged with the Brisbane City Council in December 2015, was approved in May 2016. As of 2019, approval for the building was set to expire in June 2020. Aria's commercial manager Michael Zaicek allegedly told Commercial Real Estate that they “have no intentions for a residential development in the near future”.
Property developer Dexus acquired the site in 2019 for A$87m. In 2022, Dexus sold the site to a Singapore-listed company, the Hour Glass Group, for A$82.2m. As such, it may be inferred that the original plan has been put on indefinite hold, if not cancelled.
See also
References
- ^ "New 80 Storey Skyscraper Proposed for 171 Edward Street". Brisbane Development. 14 December 2015. Retrieved 18 May 2016.
- ^ "Brisbane's equal-tallest building set for approval". brisbanetimes. 17 May 2016. Retrieved 18 May 2016.
- ^ "Aria's 82 Storey 171 Edward Street Approved". brisbanedevelopment. 31 May 2016. Retrieved 14 June 2016.
- ^ Wilmot, Ben (2 June 2022). "Dexus calls time on Hermes site with $82m sale". The Australian Business Review. Archived from the original on 22 September 2024. Retrieved 23 September 2024.
External links
- Building at The Skyscraper Center database (in English)