AUD$200 million Brisbane tower to feature serviced apartments

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Australia: Maple Development Group, a subsidiary of Chinese developer Peng Bo, has lodged plans for a $200 million apartment tower in central Brisbane.

A development application has been submitted for the site at 57 Coronation Drive, in the Quay Street, precinct overlooking Brisbane River.

The design for the mixed use project includes 255 residential apartments, along with a serviced apartment building, office and retail space as well as entertainment area.

“We’ve gone to great lengths to ensure that the project will make a significant contribution to the city of Brisbane,” said Maple’s development manager Gilbert Zhu.

The proposal includes a restoration of the historic Davidson’s Residence, built in 1868, which will serve as a reception area for the serviced apartments. Jeff Brown, principal of the scheme’s architects Rothelowman, said the design would allow the heritage building to take a prominent position between the buildings: “This ensures it is the focal point for the whole site and allows it to reclaim its original connection to the river. Residents will be able to enjoy riverside living while at the ground floor the open space would provide a 24-hour accessible ground plane that would connect residents, visitors and locals to future shopping and dining options, as well as Roma Street Station and the Bicentennial Bikeway.”</p

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