Latest developments: Inside Queensland’s changing skyline
InDaily takes a look at the latest developments and properties changing hands as the state continues to expand.
GRAYA secures development approval for next project
GRAYA announced yesterday that it has secured development approval for CORAL, a $160 million nine-level beachfront project at Palm Beach.
To be delivered in collaboration with Koichi Takada Architects, the development would stretch across 1,225sqm on Jefferson Lane, with 36 metres of direct beachfront access.
GRAYA said it had paid $35.5 million across two acquisitions to secure the site, but when the neighbouring property became available, it withdrew the original application and redesigned CORAL across the larger site, to relodge its application within five weeks.
Retaining the original building plan of 16 residences across eight levels, the redesign increased each residence’s frontage to 14 metres.
The approved design includes predominately four-bedroom residences, two beachfront homes with private pools and yards, a full-floor penthouse and shared rooftop recreation area overlooking the Pacific.
Construction of CORAL is now underway with completion scheduled for December, 2028.
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New masterplan for Prince Charles Hospital
The Queensland Government this week unveiled its new masterplan for the Prince Charles Hospital expansion in Chermside, with plans to establish new facilities throughout.
Its expansion was expected to begin with Stage One which includes a new 80-bed mental health facility, a larger Emergency Department, an expansion of the Cardiac Catheterisation Lab service and a new lab, along with an Integrated Care Centre with paediatrics and overnight beds for transplant and cardiac services.
Stage Two would include constructing a new Acute Services Building with a new and expanded Emergency Department, Cardiac Investigations Unit, operating theatres, Intensive Care Unit and other supporting services.
The new masterplan has been informed by the independent Sangster review, with public consultation of the new plan now underway.
Premier David Crisafulli said the expansion would deliver essential health services to Queensland.
“Over two stages The Prince CharlesHospital will receive a major upgrade so it’s equipped to service the Northside for years to come, with the health workers needed to run it,” Crisafulli said.
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As Australia’s leading cardiothoracic hospital, the Prince Charles was expected to have first treatment spaces delivered by 2028, as part of the Chest Pain Assessment Unit within the expanded Emergency Department.
Construction of the new mental health facility is scheduled for completion in 2031.
Logan development sells for $8 million
A 2.02-hectare site in Logan has been sold for $8.3 million to residential developer Ausbuild, which has lodged plans for a 37-home development.
The sale of 1-17 Pelham Street, Logan Reserve, comes as Logan experiences significant population growth with the proposed Ausbuild project set to add 37 new homes to the region.
Colliers Residential Site Sales Director Adam Rubie said the interest in the property reflected the increasing scarcity of quality residential development land across South East Queensland.
“Seven offers for an off-market campaign is a very strong result and reflects just how competitive the market has become for quality infill sites,” Mr Rubie said.
40 social homes headed for Bundaberg
The Queensland Government has announced 46 new social homes are nearing completion in Bundaberg, with new residents set to move in before Christmas.
The homes in Avoca include one and two-bedroom homes across seven two-storey and two three-storey buildings.
Six larger family homes were completed in April last year after being built by Hutchinson Builders at its construction facility on the northern Gold Coast, before being transported to Bundaberg and assembled on site.
The delivery is part of the Queensland Government’s commitment to delivering 53,500 additional social and community homes by 2044, with 262 social and affordable homes underway across the Bundaberg region.
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