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Brisbane’s Jubilee Hotel Set For Major Redevelopment

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Brisbane’s Jubilee Hotel Set For Major Redevelopment

The application for the mixed-use project was submitted by a subsidiary of A. N. Burnett Investments Pty Ltd, owned by local pub baron Tony Burnett who runs a series of pubs and liquor retailers across Brisbane, including the Jubilee Hotel.

The project incorporates the retention, refurbishment and revitalisation of the existing State heritage-listed Jubilee Hotel, the delivery of a new 250 square meter ground floor publicly accessible plaza, and the construction of a 14-storey retail and commercial office tower.

The building consists of 18,166 square metres of commercial office space including a “start-up” hub within the buildings podium.

[Related reading: 7 Major Projects Add $12bn to Brisbane’s Economy]

Located within the EKKA precinct of the Bowen Hills Priority Development Area — at 470 St Pauls Terrace, Fortitude Valley — the Jubilee Hotel site is situated prominently amongst a string of redevelopment that aims to revitalise a tired part of inner Brisbane.

Sharing close proximity with Lendlease’s King Street masterplan, the Jubilee Hotel redevelopment has the potential to further strengthen the connection between the Fortitude Valley and RNA Showgrounds.

Designed by Blight Rayner, the development will seek accreditation for a 6 Star Green Star, 5 Star NABERS and Gold WELL Building Standard, providing amenities oriented towards healthy, flexible and engaging workspaces.

[Related reading: Brisbane Investors Bet Big on New $40 Million Music Venue]

The building’s form is bounded by a distinct steel structural exoskeleton that compresses and expands — the first of its kind in Australia.

The design and engineering team have placed extra emphasis on reducing the building’s weight — its located directly above Brisbane’s Clem Jones Tunnel — and are using a composite floor construction consisting of steel and timber and steel and concrete, XLam CLT.

The material reduces the extreme point loads bearing down on the tunnel.

The proposal describes the lightweight exoskeleton and composite flooring as “constructed like a large scale meccano set”, which facilitates the cantilevering of the building above the existing Jubilee Hotel.

[Related reading: International House ‘Sister Building’ Proposed at Barangaroo]

This method of construction results in the process not being reliant upon traditional scaffolding, formwork and pumped concrete, which allows the structure to be erected safely over the heritage-listed hotel whilst it remains fully operational.

The project team anticipate this construction method will not only minimise disruption to local residents and businesses but markedly reduce the timeframe of construction.

The plans also propose the existing hotel will receive a new external food and dining area, function deck and 203 square metres of retail accessed at ground floor.

Originally Published: www.theurbandeveloper.com

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Developments

Frasers Acquires Infill Land Site for Masterplan

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Frasers Acquires Infill Land Site for Masterplan
Frasers Property Australia has acquired a rare infill land parcel in south-east Brisbane for $27.75 million with plans to develop a masterplanned community on the site.

The 5.4-hectare site at 179-193 Fursden Road, Carina has been owned by Cobbity Farm Bakeries since 1983.

The listing presented a rare infill development opportunity in Brisbane’s middle ring, according to Frasers Property Queensland general manager Cameron Leggatt.

Frasers Property plans to develop the land parcel, currently occupied by Cobbity Farm’s former bakery, into a masterplanned community comprising traditional housing lots as well as terrace homes and townhouses.

The masterplan will include community amenities and parkland.

“This site provides a strategic opportunity for Frasers Property to bring to the market a suite of new products in an inner-city area that has been largely fully-developed for more than two decades,” Leggatt said.

Frasers Property has already been active in Brisbane’s eastern suburbs, launching the recently completed Coorparoo Squaremixed-use development and the Solito at Carindale.

 

Further down the Australian coast, Frasers acquired a 23-hectare parcel of industrial land in Melbourne’s south-east for $19 million, with plans to build an industrial estate on the land later this year.

Originally Published: theurbandeveloper.com

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Developments

Integrated Aged Care Towers Proposed in Woolloongabba

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Integrated Aged Care Towers Proposed in Woolloongabba
On the same day Lendlease announced their intention to develop an aged care precinct at Brisbane’s Doomben racecourse, local developer Pikos Group lodged an application with the Brisbane City Council for a new 10-12 storey integrated health and aged care facility in Woolloongabba.

Cardno lodged the application on behalf of the Pikos Group’s medical and aged care development arm, “Collective Health and Wellness”.

The Brisbane-based developer diversified into health and aged care development in 2014, after 30 years of residential development.

Located across two neighbouring blocks at 52 and 64 Annerley Road Woolloongabba, the facility will include over 7,678sq m of health care services, an 842sq m child care centre, 70 residential care rooms, 45 retirement units and 876sq m of ground level retail space.

Related reading: Moelis Australia Commits to Aged Care Sector with $53 million Acquisition

Collective Health and Wellness managing director Steven Jones spoke with The Urban Developer about the demand for aged care facilities in Brisbane’s inner-city.

“We had been studying the Mater precinct for some time and through our relationships with key medical professionals we understood the need for a new high quality medical facility to service the growing medical needs of Brisbane.

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“It was always our intention that we would build a world class medical facility that attracted the specialists to the area and further supported the area as the medical hub of Brisbane.” Jones said.

Jones said that the site’s proximity to the Mater Hospital has generated a lot of enquiry from groups looking to co-locate their high-care aged care specialist facilities to be closer to one of Queensland’s largest hospitals.

The project will be split across two sites utilising two separate buildings interlinked to one another – one housing health care and the other a mix of aged care and retirement living.

The development includes a 600sq m rooftop communal recreation space.

The development was designed by Kris Kowalski Architects. Jones said that the developer was sensitive to designing in a way that did not detract from the area.

“We are very fortunate to have good friends in both medical and aged care who have educated us as to the challenges faced in this area and how we can build a facility which highlights the strength of Brisbane as a place for specialised medical treatment through all stages of life.” he said.

The application is currently pending approval from the Brisbane City Council and a commencement date is yet to be confirmed.

Originally Published: theurbandeveloper.com

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Developments

Lendlease Announce Partnership to Develop Aged-Care in Brisbane

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Lendlease Announce Partnership to Develop Aged-Care in Brisbane
Property giant Lendlease has entered into a development agreement with the Brisbane Racing Club to develop an integrated retirement and aged care precinct overlooking the Doomben racecourse.

Developed over five stages, the two-hectare development will include 300 independent living units, 108 full service high-care aged beds and resort-style facilities including a café, restaurant, and a new bowls club.

The Brisbane Racing Club is developing a $1.5 billion master plan, which includes the “reinvigoration” of an 89-hectare site in Brisbane’s Ascot, with Mirvac building the residential component, designed by BVN.

Lendlease’s deal with Brisbane Racing Club comes as the developer re-entered the aged-care sector last year, purchasing 756-bed licences from the federal government on the eastern seaboard and finalising an alliance with Catholic Healthcare.

In 2013, the company had exited the aged-care business, selling its aged-care business to Archer Capital for $270 million. Chief executive Steve McCann said at the time that the aged-care business was more closely aligned to healthcare services than property.

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Tony Randello, managing director of Lendlease’s Retirement Living business, said the company was attracted to the Doomben site’s metropolitan location within seven kilometres of the Brisbane CBD, proximity to Royal Queensland Golf Course, Hamilton Wharf, Racecourse Road and the Brisbane International Airport.

“The site provides an opportunity to develop a market leading, intergenerational retirement and aged care community adjacent to a renowned racecourse,” Randello said.

“We look forward to working in close consultation with BRC, local authorities and the local community to develop the master plan and respond to the ageing population of greater Brisbane.”

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The chairman of Brisbane Racing Club, Neville Bell, said the project was another important step in the BRC’s $1.5 billion master plan.

“This development agreement represents the next phase of the BRC Master Plan over our two racecourses. While we have been active in transforming the Eagle Farm precinct, this is the first project on the Doomben side of our Club,” Bell said.

“This partnership with Lendlease is part of the BRC’s strategy to develop our non-core land. This is producing a diversified business model that will future-proof the BRC and help to fund new racing and patron facilities.”

Lendlease participated in an expression of interest sales process to acquire the site, which is a 99-leasehold interest.

In October, Lendlease announced a sale of 25 per cent of its $1.7 billion retirement living business to giant Dutch fund APG Asset Management in order to support its development plans, with APG being seen as a capital partner with a similar vision.

Lendlease has 71 retirement villages across Australia.

Originally Published: theurbandeveloper.com

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