Super fund developer Cbus Property, in conjunction with its local partners Nielson Properties and the Raniga family, is pushing ahead with a major Brisbane project, lodging plans for a $600 million office tower.
The development is slated for a 3000-square-metre riverfront corner site, created from the amalgamation of properties at 205 North Quay and 30 Herschel Street.
The development will be known as 205 North Quay and, if approved,will add 50,000 square metres of net lettable area to the Brisbane CBD office market in the fast-growing North Quarter precinct.
Its proximity to Brisbane’s new Grand Central station on Roma Street is expected to be a drawcard for prospective tenants.
The design for the riverfront tower has been put together by architecture firms Hassell, New York-based REX and Brisbane’s Richards & Spence.
It includes a whole-floor wellness facility, 25-metre lap pool, childcare facilities, a public realm auditorium, outdoor terraces on every level, and rooftop facilities
In line with Cbus Property’s commitment to achieve net zero carbon across its portfolio by 2030, 205 North Quay is targeting 6 Green Star and 5.5 Star NABERS Energy ratings.
The tower’s design includes initiatives in energy efficiency and waste and water usage. The design of the facade will control the amount of sun coming into the building while LED lights, sensors and regenerative lifts will be installed.
The North Quay project joins a wave of development in Brisbane, with Mirvac, Charter Hall, Dexus and Investa among the big players pursuing major developments.