171 Edward Street, Brisbane

Last updated

171 Edward Street
Hermes Building, Edward Street, Brisbane City.jpg
Current building
171 Edward Street, Brisbane
Alternative names155 Edward Street
General information
StatusNever built
TypeResidential
Location Brisbane, Queensland, Australia
Address171 Edward Street
Coordinates 27°28′09″S153°01′40″E / 27.469114°S 153.0279°E / -27.469114; 153.0279
Cost A$270 million
Owner The Hour Glass Group
Height
Roof265 metres (869 ft)
Technical details
Floor count81
Design and construction
Architecture firmRothelowman
DeveloperAria Property Group
(Former)
Dexus
(Former)

171 Edward Street was a proposal for a residential skyscraper to be located at the address of the same name on the corner of Edward and Elizabeth Streets in Brisbane, Queensland, Australia. The tower would have risen to a height of 265m (274m AHD) which is currently the maximum allowable height in the Brisbane central business district.

Contents

The 81-storey tower would have included 642 apartments; 313 one-bedrooms, 219 two-bedrooms, and 110 three-bedrooms. Recreation areas with a pool, gymnasium and games room would have been located across levels 4 and 5. Retail space was also planned for the ground floor and mezzanine level.

A development application, lodged with the Brisbane City Council in December 2015, [1] [2] was approved in May 2016. [3] As of 2019, approval for the building was set to expire in June 2020. Aria's commercial manager Michael Zaicek allegedly told Commercial Real Estate that they “have no intentions for a residential development in the near future”.

Property developer Dexus acquired the site in 2019 for A$87m. In 2022, Dexus sold the site to a Singapore-listed company, the Hour Glass Group, for A$82.2m. As such, it may be inferred that the original plan has been put on indefinite hold, if not cancelled. [4]

See also

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References

  1. "New 80 Storey Skyscraper Proposed for 171 Edward Street". Brisbane Development. 14 December 2015. Retrieved 18 May 2016.
  2. "Brisbane's equal-tallest building set for approval". brisbanetimes. 17 May 2016. Retrieved 18 May 2016.
  3. "Aria's 82 Storey 171 Edward Street Approved". brisbanedevelopment. 31 May 2016. Retrieved 14 June 2016.
  4. Wilmot, Ben (2 June 2022). "Dexus calls time on Hermes site with $82m sale". The Australian Business Review. Archived from the original on 22 September 2024. Retrieved 23 September 2024.