The Brisbane City Council’s city planning committee have given the thumbs up on a development proposal to transform the 49-hectare quarry site on Settlement Road, Keperra.
Brookfield Residential Properties lodged the proposal in 2016 for the $313 million redevelopment.
Quarrying activities will be gradually be phased out, eventually ceasing, according to the Courier Mail, who said redevelopment work was expected to start in 2019.
“Once quarrying is complete, we are proposing to turn the site into a master-planned community for people to live, work and play,” Brookfield said.
“Approximately 65 per cent of the site is proposed to remain as open space, as bushland, landscaped parks, active recreation and conservation reserves.”
Brookfield's recently approved Keperra quarry redevelopment.
In 2016 Brookfield specifically proposed to take the old quarry and create a low-medium density residential zone for residences up to three-storeys, a sport and recreational zone and a conservation zone with open space.
According to the application, the proposed zoning of the site would ultimately allow for a maximum yield of 300 residential allotments and 400 residential units, a 3,000 square metre local neighbourhood centre and public parkland throughout the site, with new direct access off Samford Road.
Brookfield's recently approved Keperra quarry redevelopment.
Several conditions have been already imposed on the preliminary approval, including any future development application to have a full geotechnical assessment.
The recommendation to grant preliminary approval was supported by five out of the six planning committee councillors.
Brookfield have also announced that Multiplex were appointed to build their Gallery House development.
Sales have reached close to $100 million on the 20-storey luxury apartment building, with construction to get into full swing in the coming weeks.
“It is an exciting time for Brookfield with early works now complete and construction of Gallery House commencing, coinciding with a registration of interest campaign for the next phase of the development,” Brookfield residential properties manger, Lee Butterworth said.
Gallery House, to be built by Multiplex.
“The construction of Gallery House will be a further boost for the Brisbane property market and construction industry, generating approximately 500 jobs until completion.
The development comprises 169 residences, including one, two, and three bedroom apartments and penthouses, ranging in size from 58sq m to 669sq m.
Remaining apartments in Gallery House start from $419,000, with two penthouses available starting from $2.6 million.