Mining Exploration Boosted by $100m Funding Package
The Australian Government has extended the Junior Minerals Exploration Incentive (JMEI) by…
4 February 2020
Brisbane City Council (BCC) has just approved stage one of the Albion Exchange development which is a ten stage $750m Transit Orientated Development (TOB) set to span across 4 hectares in Albion.
The aim of the TOD is to improve accessibility to the Albion station and provide commercial, retail, residential and community spaces to locals. It also aims to improve the area for pedestrians and cyclists by widening stairs and paths and improving wheelchair and pram accessibility.
$28.7m of the $750m will go towards upgrades to transport facilities and public access to the Albion train station.
Department of Transport and Main Roads (TMR), and Queensland Rail (QR) are in partnership with Geon Property who will take the lead on this project. The Senior Development Manager for Geon is Tim Rossberg.
RPS Group has submitted development approval to Geon for Stage 1. The approved plans outline the construction of a 20-storey tower and a 19-storey tower, comprising a total of 253 units. Stage one architectural plans were prepared by Hames Sharley and landscape concept package by Dunn Moran.
Stage 1 will also include:
Consultants used during the preliminary phases of the project are as follows:
Stages 2 to 10 have also been lodged separately with BCC.
Construction on Albion Exchange is expected to begin by the end of this year.