REAL ESTATE INVESTMENT TRUSTS & FUNDSRESIDENTIAL PROPERTY

Mirvac Sky Precinct ready for take off

Print Friendly, PDF & Email

MIRVAC has lodged a development application for the next stage of its $1 billion Waterfront Newstead community on the Brisbane River.

The new Sky Precinct will feature landscaped balconies matched with water, shaded enclaves and grassed areas at ground level. About 60% of the 5,400 sqm site fronting Waterfront Park will be dedicated to open space.

Located at 58 Skyring Tce, the stage is being developed in-line with the Newstead and Teneriffe Waterfront Neighbourhood Plan.

Mirvac Queensland residential general manager, Warwick Bible said the group challenged the inhouse architects to design a building fitting the site’s prominent and iconic location, in keeping with the design context of the local area and Brisbane’s sub-tropical climate.

The precinct will offer one, two and three bedroom apartments and a limited collection of premium four bedroom residences, and boast views of the Brisbane River and a suite of exclusive resident amenities.

At ground level, the Sky Precinct will feature a wellness centre for residents, with a gymnasium and yoga studio overlooking water features and tropical landscaping. Further up the building, a resident’s lounge and private dining room will offer space for gatherings with panoramic views of the New Farm reach of the Brisbane River.

Atop the building is a 25 metre infinity edge pool with views to the city and river, alongside a spa and barbeque terrace.

Bible said Mirvac’s vision for the Sky Precinct was created following engagement with the local community, adding that local said they wanted to see more lush and shaded landscaping, and discussions included preferred types of retail and dining that informed the design of the boutique commercial precinct at the base of Sky.

The Sky Precinct follows the Waterfront Newstead stages Pier, Park and Unison. Mirvac has been a part of Newstead since 2001.

In the middle of last year, Mirvac received the green light for its controversial twin residential towers project next door at 60 Skyring Tce, after two years and three Planning and Environment Court appeals.

Named Shore, the towers will have 333 apartments, as well as office and retail space.

The Neighbourhood Plan that came into effect in 2011 allows for a maximum height of 25 storeys in the Sky Precinct.

Mirvac is planning the next stage of community information sessions for Waterfront Newstead. In place of face to face sessions, information boards will be displayed on the Waterfront Newstead community website and people will be invited to submit questions and feedback online, while stakeholder groups will be given the opportunity to provide feedback via video conferencing.

Related posts
REAL ESTATE INVESTMENT TRUSTS & FUNDS

Pandemic boosts Bunnings

BUNNINGS and large format retail landlord BWP Trust recorded uplifts in annual profit and full year…
Read more
AND FINALLY

Suntec REIT completes Olderfleet development

Real Estate Investment Trust and Mirvac’s Olderfleet office development in Melbourne has reached…
Read more
REAL ESTATE INVESTMENT TRUSTS & FUNDSRURAL & AGRIBUSINESS

Rural Funds gets a sugar fix

ASX-listed Rural Funds Group (ASX: RFF) has acquired 5,409 ha of sugar cane farms and 8,060 ML of…
Read more