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Published On: Thu, Dec 7th, 2017

Developer Lodges Application for 12-Storey Tower on $22m South Brisbane Site

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.

Hero2

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.

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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.

Originally Published: theurbandeveloper.com

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