Construction begins on $170M office tower in Queensland

WCN Editorial Team 7 Jun 2016 OCEANIA BUILDINGS

Construction work has commenced on a $170M office tower on Brisbane’s city fringe in Queensland, Australia.

The new office development, known as ‘Fortitude Valley’, is being delivered by Consolidated Properties Group (CPG) and Charter Hall Group.

Upon completion, the 19,000sq m, 14-level office tower will become the new headquarters of the  Australian rail freight company Aurizon and its 1,700 employees.

CPG secured a 110-year lease for the site, from the Anglican Church, in a deal that secures the long term future of the existing Church building, on the site at 900 Ann St.

Queensland’s deputy premier Jackie Trad said: “This is a landmark project for Fortitude Valley, bringing 1,300 jobs during the construction phase and 1,700 Aurizon workers to the area once construction is complete.”

The tower is expected to be complete in 2018.

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