Upon completion, Newstead Central will comprise in the order of 920 apartments across five mixed used towers of up to 20 storeys in height.
The site is a large consolidated landholding with dual frontages to Ann Street and Stratton Street in Newstead, and positioned between two locally listed heritage buildings (including the Waterloo Hotel).
The project presented challenges in ensuring provision of active frontages, respecting heritage values of adjoining buildings, satisfying Brisbane City Council requirements for architectural merit, delivery of a cross block link and publicly accessible urban commons/public realm enhancements, and ensuring minimum floor levels, basement entries and services locations achieve immunity from potential localised flood events, while also maximising site development potential and yield.
The ultimate design solution identified by the project team comprises five towers. Tower one is standalone and adjoins a cross block link and a publicly accessible urban common at the interface with the Waterloo Hotel. Towers two to five share a common podium that is activated at ground by foyers and retail tenancies that front Ann Street and a linear urban common adjoining Stratton Street. Extensive podium-top communal open space, including a lagoon style pool and a waterfall feature that cascades down the Ann Street façade, provide for open space needs of residents.
RPS provided comprehensive due diligence advice prior to an unconditional land purchase by the client; assisted with development yield estimates, and identification of site master plan options and approvals strategy; and is engaged to manage all aspects of development approval processes and negotiations (which are ongoing, with approval recently having been obtained for the first stage).