Construction starts on Brisbane’s first Build-to-Rent project
Sod turning marks ground breaking development indicator for Fortitude Valley
Part of the Queensland Government’s Build-to-Rent (BTR) Pilot Project, providing affordable housing options to the inner-city, Frasers Property Australia has commenced construction of its Build-to-Rent development in Fortitude Valley, Brisbane following an official sod turning event.
Branded as Brunswick & Co., the new development located 210 Brunswick Street will feature 366 studio, one- and two-bedroom apartments across 25 levels with residents able to enjoy when completed exclusive access to a substantial 1,800 sqm of amenity just 2 km from Brisbane’s CBD.
With a rooftop pool and dog park and outdoor terraces, the buildings’s features also include a library, cinema/karaoke room, cocktail bar, dining and entertainment areas, co-working office areas, a fitness centre and treatment room.
The new development conveniently sits adjacent to the $500 million Valley Metro redevelopment where its ground level retail and integrated lobby café and bar will blend seamlessly into the thriving and revitalised Brunswick Street precinct.
Frasers Property Australia EGM development, Cameron Leggatt, Development, said the company is excited to move into the construction phase of its first Build-to-Rent project nationally.
“Frasers Property is committed to redefining renting at Brunswick & Co. with a focus on customer experience, world-class amenities and a sense of belonging through community development, all delivered in one of Brisbane’s most emerging and vibrant precincts,” he said.
“This is a landmark project major milestone for the local community and we’re proud to collaborate with the Queensland Government and Hutchinson Builders on this landmark project, to help Brisbane meet growing demand in the lead up to the 2032 Olympic Games.”
Hutchinson Builders will employ up to 290 workers during the project’s construction phase.
Queensland’s Treasurer and Minister for Trade and Investment, Cameron Dick who was present at the sod turning along with Industrial Relations Minister, Grace Grace said Frasers Property’s Brunswick & Co. Build-to-Rent development would help to drive investment in infrastructure which is crucial to the ongoing delivery of our economic recovery plan.
“Turning the sod today on this Frasers Property project is an important milestone in the growth of Queensland’s Build-to-Rent sector, increasing housing supply and supporting over 290 construction jobs and more through the supply chain,” the Treasurer said.
“This project will offer 366 apartments exclusively for renters, with approximately 40 per cent to be made available at a discounted rent through a subsidy from the Queensland Government.
“This will enable city-based workers to access affordable rental housing closer to their jobs and provide a better lifestyle for their families.”
Mike Parker-Brown is a UK-trained and qualified journalist and an award-winning travel communicator with more than 30 years experience.
Since 2002, Mike has worked as a freelance writer and PR consultant providing his services to major organisations in Australia and internationally in the tourism, aviation, hospitality, recruitment and export marketing sectors.
