Brisbane City Council gives $180m southside suburban office ‘oasis’ the green light
THE COURIER MAIL
18 DECEMBER 2017
Artist’s impression of the lobby of the $180 million, 11-level office tower earmarked for a site at Upper Mount Gravatt on Brisbane’s southside.
A SUBURBAN office oasis with a supersized trellis of greenery at its entrance and a rooftop recreational garden is set to rise on Brisbane’s southside.
Diversified property group Quintessential Equity has been given the go-ahead from Brisbane City Council to develop a new $180m office complex at Upper Mount Gravatt.
The project — comprising an 11-level office tower with a net lettable area of 24,005sq m — is earmarked for a site at 643 Kessels Rd, opposite the Westfield Garden City shopping centre.
It is targeting government and corporate tenants by offering “significant savings” compared to a CBD location.
Quintessential Equity chief executive officer Shane Quinn said it made perfect sense to take advantage of the existing infrastructure and lifestyle advantage of developing major centres outside the CBD.
“There’s a lot of new residential development in Upper Mount Gravatt, so people can work near where they live instead of clogging the roads with traffic,” he said.
“The area already has so much to offer, but by further enhancing the facilities we will provide a precinct with world class amenity in every respect — and one that is much more cost effective than a CBD location.”
The site’s masterplan includes future development of a neighbouring mixed-use project earmarked for a hotel, childcare centre, cafes, gymnasium, medical centre and co-working office space.
“This is going to be a beautiful place to work, and happy workers are more productive,” Mr Quinn said.
“Even when you’re walking up to the door, you’ll be greeted by a supersized timber trellis covered in greenery with a cafe and outdoor dining — and that green approach goes right to the rooftop, which will be set up as a garden recreational area.
“There will also be two outdoor terraces and end of trip facilities including showers, lockers, change rooms and bicycle racks. The development will provide a true local ‘work, live, play’ opportunity for future occupants.”
Economic and employment benefits of the project as estimated by consultants Urbis include 440 jobs during construction; 3813 ongoing jobs (both direct and indirect) if the building is fully occupied; $539.3m gross value added annually from employment on the site; and over$145m in private equity investment.