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171 Edward Street, Brisbane

Coordinates: 27°28′09″S 153°01′40″E / 27.469114°S 153.0279°E / -27.469114; 153.0279
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171 Edward Street
Current building
Map
Alternative names155 Edward Street
General information
StatusNever built
TypeResidential
LocationBrisbane, Queensland, Australia
Address171 Edward Street
Coordinates27°28′09″S 153°01′40″E / 27.469114°S 153.0279°E / -27.469114; 153.0279
CostA$270 million
OwnerThe 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.

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

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  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.
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