Mirvac’s Sky Precinct Development Approved

Mirvac has received approval from Brisbane City Council for the next stage of its $1 billion Waterfront community, Sky Precinct.

Located alongside the Brisbane River in up-and-coming Newstead, the transformative project will feature a 25-level building, designed for homeownership that embraces Brisbane River and the city’s subtropical climate. Amenities include a wellness centre with a gym & yoga studio, a resident’s lounge with private dining and a rooftop 25-metre infinity edge pool with views over the Brisbane River.

Mirvac started developing its vision for the Waterfront Newstead masterplan in 2001 and has delivered the first three stages – Pier, Park and Unison, with development approval in place for another future stage, the Shore Precinct.

Mirvac Head of Residential, Stuart Penklis said the developer had proactively engaged with the community and Council on the design prior to lodging the development application.

“We are thrilled to now have approval to bring this exciting vision to life,” he said.

“Our focus has been on creating a building that will become a true landmark of the Brisbane City skyline and a lifestyle destination that does full justice to its prominent location, on the Brisbane River, with an array of amenity at the doorstep and just two kilometres from the CBD.

“In speaking to the community prior to developing our design, we understand just how important Waterfront Park is to residents of this area and are excited to be expanding, and improving, this green space as part of the development, with over 50 percent of our 5,552 sqm site dedicated to open space.”

Photos courtesy of Mirvac.

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