Frasers Property Moves on Final Hamilton Reach Section

Hamilton’s Northshore continues to be a hive of activity as Frasers Property Australia files plans for its final parcel of land in the Hamilton Reach section of the Northshore Priority Development Area.

Two high-density apartment towers are slated for the irregular 5608sq m site at 310 Macarthur Avenue at Hamilton. Frasers Property Australia filed a plan of development with Economic Development Queensland seeking higher density. 

But with the Brisbane Olympics and Paralympics athletes village to be located nearby and an new PDA plan in the wings, Frasers has filed plans to push the height limits further for a 16-storey and 19-storey apartment tower atop a three-storey podium.

The towers could accommodate up to 228 apartments according to town planning documents for the site specific plan of development.

The original masterplan under the Priority Development Area allowed 10-storey towers, but planners say the area has evolved in the past 13 years.

The towers will predominantly be a mix of two and three-bedroom apartments with a few four-bedroom floorplates also on offer.

“As the last remaining undeveloped parcel within the Hamilton Reach precinct, and given its important position at its gateway, it is timely to revisit the provisions of the existing approval that relate to the site.

“This also presents the opportunity to revisit the parameters for building height to make best use of the site, having regard to the provisions of the proposed Development Scheme amendment, which contemplates up to 23 storeys on the site compared to the 10 storeys in the existing approval.

Frasers Property's Hamilton Reach
▲ Frasers Property’s Hamilton Reach has won multiple awards, but the latest development would be its tallest for the precinct.

Queensland minister for planning Steven Miles has fast-tracked the amended PDA for Hamilton Northshore, which paves the way for future planning of the Olympic athletes village as well as the development of retail, residential and commercial projects and road and public venue upgrades.

Miles said the “city-shaping project” showcased Brisbane’s iconic waterfront area which will be home to 24,000 residents once completed. 

“It will be one of the biggest contributions of Brisbane riverfront parkland since South Bank was established,” he said.

“This development will cement Northshore as a world-class lifestyle, recreation and events destination.

“These changes also provide for the future planning of the athlete village for the Brisbane 2032 Olympic and Paralympic Games—and the long-term economic and community benefits to follow.”

The site-specific plan would enable the developer to move on to a more fine-grained design process for the parcel of land, which currently houses the Hamilton Reach sales office, opposite the Northshore Riverside Park.

The two-tower development sits atop a three-storey podium and features rooftop amenities on both towers with an 18-metre corridor between the towers. 

Article source: Queensland Property Investor