Brisbane developer Pointcorp has received development application approval from Brisbane City Council for a new mixed-use destination in Fortitude Valley’s Brunswick Street precinct.
The InterContinental Hotels Group-owned (IHG) Hotel Indigo will anchor the project with a 146-room hotel offering. The Hotel Indigo launched in Australia last year and the Fortitude Valley hotel will be one of the first in Australia to open when it completes construction in early 2020.
The precinct will revive a long-neglected vacant site at 458 Brunswick Street into a mixed-use development featuring integrated residential, retail and commercial uses. Pointcorp purchased the site in 2015 for $8.9 million.
Pointcorp Director Chris Vitale said the project aims to become one of the Valley’s most desired recreation, dining and social destinations.
“Since partnering with IHG in November 2016, we’ve worked together to create a whole new level of hotel experience for not only our future guests and residents but also the whole of Brisbane to enjoy,” Vitale said.
In addition to the full-service Hotel Indigo, the precinct will feature 30 premium apartments, 1,000 square metres of commercial office space and a rooftop pool.
The precinct’s 30 one and two-bedroom apartments will include access to all the facilities of Hotel Indigo including its gymnasium, meeting rooms and business centre. Residents will also have access to a 24-hour concierge service which will comprise of room service, housekeeping and valet parking.
The precinct has been designed by architects Cottee Parker, with interiors designed in collaboration with designer Blainey North.
The 380 square metres lower-level retail space combined with the Hotel Indigo lobby will create an active ground-plane from early morning right through to the late evening integrating the project into the vibrant Brunswick Street corridor outside.
Brisbane City Council granted statutory approval of the precinct in August 2017 and construction of is planned to commence in the first quarter of 2018. A ‘soft opening’ is currently targeted for quarter four of 2019.