The Urban Developer
AdvertiseEventsWebinarsUrbanity
Industry Excellence
Urban Leader
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
JOIN US FOR A ONE-DAY DEEP DIVE INTO THE FUTURE OF THE INDUSTRIAL SECTOR
FIND OUT HOW THE INDUSTRIAL MARKET IS CHANGING IN 2026
LEARN MOREDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
34
print
Print
RetailDinah Lewis BoucherFri 29 Nov 19

Plans Lodged for $200m Twin Tower Brisbane Apartments

db27527f-5255-4704-b84e-fee3a8c98627

Maple Development Group, wholly-owned by China-based developer Peng Bo, has lodged plans for a $200 million mixed-use project in Brisbane’s Quay Street precinct.

The Rothelowman-designed project at 57 Coronation Drive proposes 255 residential apartments, a five-star serviced apartment tower, commercial offices along with retail and entertainment facilities.

Construction of the 30-and-35 storey towers is expected to commence in 2021 pending development approval next year.

Maple, which established its Brisbane base in 2015, broke into Brisbane’s apartment market last year with the launch of the $20 million development Arcadia apartments in Brisbane's inner west suburb of Indooroopilly.

Last year, Gold Coast developer Sunland was rejected in the supreme court for its 555 apartment proposal of 'champagne flute' skyscrapers on Coronation Drive, in nearby Toowong.

Sunland had secured the former ABC site for its three-tower proposal, zoned with a 15-storey limit, for $20 million in 2013.

▲ The Coronation drive project includes the 151-year-old Davidson’s Residence.


Maple’s development manager Gilbert Zhu says the Coronation Drive project plans to connect the CBD with inner Brisbane suburbs Milton, Petrie Terrace and South Brisbane.

“The proposed development intends to reinvigorate a residential and lifestyle precinct on Quay Street by including a large Queensland-inspired public realm,” Zhu said.

“We’ve gone to great lengths to ensure that the project will make a significant contribution to the city of Brisbane.”

Rothelowman principal Jeff Brown said the project was inspired by Brisbane’s sub-tropical lifestyle.

“As Brisbane’s population and popularity with tourists increases, we expect that the north western CBD pocket will grow into a prominent destination,” Brown said.

Maple has also acquired development sites in Brisbane's Woolloongabba and St Lucia, thanks to the financial backing of its company body which is headquartered in Zhuozhou China.

The group has delivered more than 30,000 units in China in recent years, along with one of the largest proton therapy cancer treatment facilities in the region, located in Zhuzhou.

Peng Bo Group also has agricultural interests in Queensland with a nursery on the Gold Coast and farmland at Beerwah on the Sunshine Coast.

RetailResidentialAustraliaBrisbaneConstructionConstructionProject
AUTHOR
Dinah Lewis Boucher
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

Central Element Hotel Debut Spearheads Oxford Street Renewal

Taryn Paris
8 Min
London skyline near the walkie talkie tower showing the 85 gracechurch street development.
Exclusive

Basilica to Business: London Office Tower’s Historic Rework

Renee McKeown
6 Min
Hotel Indigo Adelaide hero
Exclusive

Neighbourhood Hotels Reinvent Urban Hospitality

Clare Burnett
5 Min
Melbourne CBD empty site
Exclusive

Melbourne Developers Hit Back at Mayor’s ‘Lazy Landlord’ Plans

Leon Della Bosca
7 Min
The land value of many fuel retailing sites is outweighing their operational value.
Exclusive

Shrinking Servo Network Heralds Development Prospects

Patrick Lau
7 Min
View All >
South Brisbane Aria Triple Tower Approval hero
Development

First 50-Storey Tower Outside Brisbane CBD Waved Ahead

Phil Bartsch
Sponsored

Why Human-Centred Design Drives Commercial Success

Partner Content
Industrial

Explore the Future of Industrial Development

David Di Marco
There’s just one week to go until The Urban Developer’s Industrial and Logistics Summit. See the full program here...
LATEST
South Brisbane Aria Triple Tower Approval hero
Development

First 50-Storey Tower Outside Brisbane CBD Waved Ahead

Phil Bartsch
4 Min
Architecture

Why Human-Centred Design Drives Commercial Success

Partner Content
5 Min
Industrial

Explore the Future of Industrial Development

David Di Marco
3 Min
Hines Property Twin Street tower HERO
Student Housing

Hines Wins Approval for 36-Storey Adelaide PBSA Highrise

Leon Della Bosca
3 Min
View All >
ADVERTISEMENT
Article originally posted at: https://www.theurbandeveloper.com/articles/plans-lodged-for-200m-tower-development-on-coronation-drive-