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Canberra’s Tallest Ever Building Gets Green Light


Canberra-based developer Geocon’s $1 billion mixed-use precinct in Belconnen has been given the green light by state government.

Set to become Canberra’s largest-ever development, the project includes three towers with the tallest reaching 27-storeys.

Delivered over three stages, the project, known as “Republic”, will comprise 1213 residential apartments and terrace houses, a hotel precinct, an amphitheatre and Melbourne-style laneway retail.

Geocon acquired the 16,314sq m block of land in mid-2015 for $22.1 million.

Related reading: Doma Lodges Plans for $160m Mixed-Use Development in Canberra

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Architect Fender Katsalidis will design the $1 billion development. The firm are known for Hobart’s MONA, Melbourne’s Eureka Tower and Canberra’s NewActon cultural precinct.

Geocon managing director Nick Georgalis said the 113-metre tower will look completely different to anything else in Canberra, with a 100 per cent glazed façade.

“We’re delighted that the ACT Government shares our vision on this project, and of the scope for exciting, well-planned development in town centres,” Georgalis said.

“No-one can accuse Canberra of being boring or stuck in the past with this type of project going ahead.”

Related reading: Plans Revealed for New Mixed-Use Precinct in Belconnen

Located on the corner of Cameron Avenue, Eastern Valley Way and Emu Bank in Belconnen, construction on the $1 billion tower will begin immediately.

Stage one has 70 per cent sold out and expressions of interest for stage two are invited come April.

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Article originally posted at: https://theurbandeveloper.com/articles/canberras-tallest-ever-building-gets-green-light-