Primespace lodge DA for 5 Star office building in Fortitude Valley

South Australian developer,

Primespace Projects Pty Ltd, have lodged a Development Application for a 15-storey commercial building in Brisbane's expanding Fortitude Valley precinct.

Primespace Projects Pty Ltd is a joint venture between the Kambitsis Group and the Simon Chappel Group, who in the past four years have undertaken in excess of $300m of major developments including office buildings, multi-level public car parks, specialist and high security facilities for the federal government and a multi-level retirement village.

The company paid $10.6m for the 2,192 sqm site in mid-2011 and are proposing a 22,000sqm NLA commercial office building on the site with typical floor plates  of approximately 1,570sqm NLA.

The development which has been designed by 

the Buchan Group will aim to achieve a 5 star GBCA Green Star, 5 star NABERS and PCA A-grade ratings.

The site currently comprises of two commercial buildings leased to Lexus and Godfreys respectively.