Miner and property developer Sam Chong has fast-tracked construction of his development atĀ Mary Lane in Brisbane, according to The Courier-Mail.
Developer Mary 111 Pty Ltd, has been granted approval toĀ increase the size of the project from 167 residences to 184 in response to market demand, and expects to start construction within two months.
As well as the apartments the projectĀ includes a five-star Westin Brisbane hotel and a high-end restaurant precinct.
Development manager Ian Pert, of GMP Management,Ā toldĀ The Courier-Mail that the project had beenĀ acceleratedĀ because of strong inquiry.
āThe inquiry we have had since launching to the market has been outstanding and we are very eager to commence construction first quarter 2016 to deliver this landmark quicker than we anticipated,ā he said.
āWith Westin as our operator, project funding in place and a high level of response to the residences we are ready to commence."āWe expect a build time frame in the vicinity of 24 months which would give us a completed project for Mary Lane in 2018. A formal announcement on the builder is imminentā.
