Developments

Brisbane, Sydney announce new tower plans

A 274m, 81 storey residential tower with 428 units will sit on the former Supreme and District Court site in Brisbane’s CBD and will be flanked by two smaller towers, a 32-storey five-star hotel and 39-storey office tower.

Brisbane City Council is expected to grant planning approval this week.

The Taiwan-based Shayher Group brought the land for $63 million from the state government in May. The 305-room five-star hotel will be built on the corner of Ann St and North Quay but Shayher said it won’t be ready in time for next year’s G20 summit.

Meanwhile in Sydney, Chinese developer Greenland Group, unveiled a $600 million residential tower Bathurst St adjacent to the company’s boutique hotel on the former Water Board site.AN57-1-DN-Sydney Tower

The 70-storey building, as yet unnamed, will stand at 235m and will be Sydney’s second highest after the Centrepoint Tower at 309m.

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