First look: Rare new apartment tower pitched for Fortitude Valley
A new apartment tower has been pitched for a "key part of the Fortitude Valley which has not to date received as much attention and opportunity as other parts of the Fortitude Valley area."
The plans now with the Brisbane City Council are for a 28-level tower on a 2,270 sqm site across 286-300 St Pauls Terrace, bordering Spring Hill.
Mewing Planning Consultants noted in their Town Planning Assessment that the Fortitude Valley and Spring Hill locality is currently undergoing a substantial transformation and revitalisation as a result of new residential and commercial developments.
"The site is ideally positioned to contribute to the creation of a vibrant, mixed-use precinct in Fortitude Valley that offers a diversity of residential living opportunities and local retail services, and positively contributes to the visual amenity and character of the area."
Designed by McFarland Architects, the tower is set to comprise 164 one, two, three and four-bedroom apartments. The 1,152 sqm of communal space incorporates a gym on the podium level and a rooftop with a swimming pool, spa, rec rec room, barbecue facilities, and various seating areas.
Just 14 one-bed apartments have been pitched. They'll feature alongside 48 two-beds, 62 three-beds, and 40 four-bedroom apartments.
Mewing said the residential breakdown delivers a diversity of housing product to cater for different life stages, needs, and living arrangements.
"It provides housing in a needed location, which is well located to provide housing supply."
All units have been afforded with substantially sized and functional private open space areas that are directly accessible from the main living area of the units and primarily overlook Warry Street, St Pauls Terrace, or Kennigo Street.
The building, 300m from the Fortitude Valley Train Station, will be anchored by three retail tenancies and will provide a total of 157 car parking spaces in the three basement levels. 205 bicycle spaces in a secure storage room will share the podium level with the gym.
The plans were submitted by Luxe Property Investments, an entity directed by Tony Jo.
Mewing added that the proposed scale of the tower is coherent with, and a lesser number of levels than, the existing and emerging building height context of St Pauls Terrace that establishes higher density mixed-use development (up to 30 levels), consistent with the overall outcomes of the Spring Hill Neighbourhood Plan Code, which seeks development to provide a height transition to the Principal Centre Zoned land on the opposite side of St Pauls Terrace.