U/C [Demolition]» One One One Eagle St: (44F/195m/Office) [GPT]

[KJBrissy]

Project Rundown

Status| Demolition

Location| 77 Eagle St

Developer| GPT Property Group

Height| 44F/197m

Price tag| 700 Million

Completion Date| 2010

DA Code| A001825958

Project Site| Here

Tower Renders:

























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Another exciting project. This one is entirely office!! Exciting stuff!! (The article had bits about Roma Street Twins so I've cut that out. That's why it doesn't make much sense in parts )

GPT's $800m Brisbane towers plan

Fiona Cameron
November 16, 2006
GPT will lodge a development application within a month for the 50,000sqm Riverside Centre Stage 2, with plans for a 40-storey-plus glass tower designed by architects Cox Rayner.

The head of office property for the GPT Group, Tony Cope, said yesterday both projects would only proceed with about 40 per cent precommitment, but GPT was in advanced negotiations with a number of large tenants.

In Brisbane's "golden triangle", Riverside 2 will become the city's biggest and most prestigious office development of its era.

After a national design competition contested by seven firms, GPT awarded the contract to Cox Rayner.

"Their design is outstanding," Mr Cope said. "Their response to the brief was head-and-shoulders above the others."

GPT had sought designs that were in contrasting style to the adjoining granite Riverside Centre and Riparian Plaza.

"Those are classic Seidler buildings, the most fantastic buildings, but to try to emulate something in between them of the same style would just not work, so it's going to be different," Mr Cope said.

Mr Cope said Riverside 2 would have "very, very high sustainability targets".

The announcement follows the completion last year of Bloomberg's Harry Seidler-designed 50-storey Riparian Plaza next door, but prior to that there had not been a new big office tower in Brisbane's premium precinct for more than a decade.

Prime Brisbane office rents are soon set to top more than $700sqm, after double-digit growth in the past year on the back of a record low vacancy rates.

Riverside 2 will require the demolition of the Indigo building at 77 Eagle Street.

A report from agency Colliers International this month described the Brisbane CBD office leasing market as in "crisis".

Total vacancy in prime buildings is at 1.4 per cent, says Colliers, and in secondary stock 2.8 per cent.

GPT is Australia's third-largest trust, with a market value of $9.8 billion.

Source.

[SoulVision]

Yes very exciting!

[bluebreak]

Wouldnt adding this to Brisbanes Golden Triangle area therefore make it the highest density concentration zone in all of Australia?

[Vygotsky]

The linkk dontp work

[KJBrissy]

Originally Posted by bluebreak

Wouldnt adding this to Brisbanes Golden Triangle area therefore make it the highest density concentration zone in all of Australia?

From what I understand Brisbane already is has the highest floor space per sqkm of any CBD in Australia!!!