A Melbourne-based developer has submitted a development application for a 12-storey commercial building in South Brisbane, designed by BVN architecture.
The Kaias family, in their third Queensland development, lodged the application with the Brisbane City Council earlier this month.
The building, “Mobo”, comprises an eight-storey commercial tower above a four-storey podium and will be located on the corner of Merivale and Tribune Streets in South Brisbane.
The developer acquired 74, 78 and 80 Tribune Street for a total of almost $17 million in November 2016, and later acquired 134 Merivale Street for $4.25 million.
The development will pursue principles of subtropical design, proposing “extensive landscaping”, integrated vertical gardens and references to the Queenslander architectural typology. The A-grade tower will provide 17,000sq m of NLA and incorporate two ground floor retail tenancies within the lower podium.
The Kaias family are no stranger to Brisbane, having developed the $100 million, 16-storey “Opera” apartment project in Cordelia Street, South Brisbane and a $260 million commercial project in Fortitude Valley.
Opera finished construction earlier this year and the developer is currently pursuing pre-commitments for the over-35,000sq m of NLA of the commercial tower, “Aura”, located in St Pauls Terrace in Fortitude Valley.
According to the proposal, “Mobo” is expected to accommodate for 176 employee spaces and three basement levels for vehicle car parking.
“External outdoor space is provided to each commercial tower level in the northern corner of the building. A break-out space is provided on the rooftop, providing communal amenities for the use of building occupants,” the proposal said.
“The building is designed to achieve practical and highly functional internal spaces. The nature of the proposed use as a commercial office [requires] large floor plates, capable of meeting the needs of the current commercial market.”
The proposed tower is located on a large 2,670sq m site within 200 metres of the commercial hub of South Bank and approximately 800 metres west of Brisbane’s CBD.
An artist’s impression of the Denman Windsor development
Denmac Nominees wants to build 98 aged care rooms and 79 independent living units across 19,159sqm in Windsor, 3km north of Brisbane’s CBD.
Designed by ThomsonAdsett, Denman says their “ageing in place solution” will see the care facilities located alongside the village in separate wings with retail, café, outdoor landscaped areas and ground floor health care services also on site.
Despite Brisbane Council recently scaling back some of its incentives for aged care developers, the city is still seeing a surge of new development including Aura Holdings launching the second stage of its Kingsford Terrace village; and Ethnic Communities Council of Queensland (ECCQ) announcing plans to demolish and rebuild its 115-bed Berlasco Court Caring Centre, built in 1988, in Indooroopilly, 7km west of the CBD.
An artist’s impression of the Ethnic Communities Council of Queensland (ECCQ) redevelopment.
Brisbane-based Denmac Nominees is the latest developer to tap into the aged care market, submitting a proposal for a 12-storey retirement facility in Brisbane’s inner north.
The retirement tower comprises 98 aged care rooms and 79 independent dwellings across 19,159sq m with ground floor commercial tenancies available for lease by health care services.
The proposal is located in Windsor, three kilometres north of Brisbane’s CBD.
Denmac is calling its proposal an “ageing in place solution”, with residential care facilities located alongside the retirement village in separate wings.
The developer is also proposing retail, food and beverage and outdoor landscaped areas in the ThomsonAdsett-designed building.
Denmac have amalgamated three sites to develop the Denmac Windsor Seniors Living project.
Denmac amalgamated 193 and 195 Lutwyche Street and 10 Lyons Street, of which the latter — a 923sq m parcel of land — was purchased most recently in 2015 for $1.5 million.
The 4,213sq m site is currently occupied by a Mercedes Benz dealership and a clothing distribution centre.
The developer’s proposal joins a surge in aged care development in Brisbane, with the Ethnic Communities Council of Queensland announcing plans for a 115-bed project in Brisbane’s west and Aura Holdings launching the second stage of its 53-unit Duporth independent living project in Brisbane’s Corinda.
The demand for seniors living in Brisbane is expected to double by 2025.
Other aged care development in the Sunshine State includes Aveo’s recently approved 16-storey retirement tower on the Gold Coast, which will accommodate more than 150 seniors and Japara’s $30 million aged-care facility in Robina.
Recent data collected by Ray White Commercial revealed that $147.53 million was spent on medical space in 2017 to meet Brisbane’s rapidly ageing population.
Denmac are currently awaiting approval and are yet to propose a timeline for the project.