Queensland’s Stockwell Development Group has lodged plans for a residential tower in a fast-growing Brisbane city suburb.
The site at 175 Melbourne Street, South Brisbane, is 1490sq m and is now home to a two-storey commercial building and it has not been developed or subject to any other applications for at least 20 years.
If approved by Brisbane City Council, Stockwell’s tower will consist of 150 apartments, in a mix of two to five bedrooms.
The 30-storey building will consist of three storeys of basement parking and three storeys of podium with an extensive communal rooftop area.
A commercial tenancy on the ground floor is intended to activate the primary Melbourne Street frontage, which is five minutes from the Cultural Centre bus stop and South Brisbane Train Station.
The podium space will offer 132sq m of food and drink, shop or office space, and the building will be consistent in height with surrounding projects including The Standard, Botanica and Melbourne & Manning.
There will be provision for 240 carparks across six levels, five motorcycle and 164 bicycle parks in the building, which sits within the Kurilpa Sustainable Growth Precinct.
As such, it will have a 62 per cent green plot ratio proportional to the proposed building height, diverse unit ranges and usable public space at the ground floor.
In addition to the rooftop space, there will be a pool, barbecue area, yoga lawn and gym.
Construction will be staged with the first delivering apartments up to level 20. The remaining units up to the top storey will be completed in stage two.
The developer said it would conform to its vision of creating a high standard of apartment living within South Brisbane, citing those delivered at its Croft and Cremorn Fish Lane development, with “its architectural ground plane detail, non-residential activated uses and high quality built form”.
“It presents a great opportunity for housing while leveraging off significant existing investment in existing infrastructure in the inner city,” Stockwell said.
The Kuripla area is experiencing increased growth and interest, especially following Brisbane City Council’s masterplan for the area, announced last year, which would make way for buildings as tall as 90 storeys in the area.
Stockwell, meanwhile, is planning a 10-storey build-to-rent project delivering 96 apartments in Brisbane’s West End, as well as lodging redevelopment plans for its Stones Corner Village retail centre at 405 Logan Road.