Developers have downsized – and upscaled – plans for a new tower at the top of the Queen Street Mall, lopping eight storeys off the top while adding almost 3000 square metres of commercial floor space., received council approval that year. But this week, alterations to the plan were submitted to Brisbane City Council.
In an assessment report submitted to the council on Charter Hall’s behalf, town planning firm Urbis said the changes were a “direct response to market demand”. “Due to ongoing population growth for Brisbane, as well as a lack of recent proposals for new major commercial projects in the city, it is predicted that there will be a moderate undersupply of A-grade commercial office space within the city within the next five years.”
“In particular, the arcade does not connect Queen Street to any specific destination within Burnett Lane, rather loading areas for adjoining and adjacent buildings.
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