Brisbane City Council has approved the $450 million Toowong Town Centre, a new mixed-use precinct being developed by State Development Corporation in partnership with White & Partners Sydney.
Construction is expected to boost the local economy by creating 400 jobs.
The project, known as The Aviary, aims to change Brisbane’s western suburb by delivering a new community precinct including residential, retail, hospitality, office spaces, shared outdoor spaces and streetscape.
Located on the corner of High Street and Sherwood Road, the Toowong Town Centre development site has not seen a development of this significance for the past 20 years.
Once completed, the 9000 square metre site will offer 150 residential apartments, around 30 retail shops and a large office tower, fresh food market, outdoor dining precinct, cinemas and childcare facilities.
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State Development Corporation Managing Director Ross McKinnon said the project aligns with office tenants’ changing needs and complements current trends in urban planning that are helping reshape Brisbane’s suburbs.
“The significant growth of mixed-used developments is a result of community demand for self-sufficient hubs based on walkability and convenience,” he said.
“If businesses have learned anything from COVID-19, it’s that we don’t all have to be working in the city to maximise productivity. While it’s still early days, we expect to see more office users make the shift to central hubs like The Aviary for the lifestyle benefits, where everything you need is at your fingertips and you don’t have to travel into the CBD.
“We see The Aviary as a one in 50-year opportunity to revive community amenity in Toowong, bringing enhanced liveability to Brisbane’s western suburbs for a generation. This will be the fifth project State Development Corporation has undertaken in the inner western suburbs, demonstrating our commitment to this close city precinct.”
White & Partners Partner Dan White said he is proud to partner with State Development Corporation to bring The Aviary to such an iconic Brisbane suburb.
This will be the third project we have undertaken in partnership with State Development Corporation in Toowong. We have always believed that Toowong offers both businesses and consumers fantastic amenities and a great location, and so we are excited by the opportunity we have with The Aviary to create a vibrant and diverse precinct,” he said.
“As a family business founded in Queensland, we are proud to be a part of a project that will create great local job and business opportunities and contribute to the continued growth of the Queensland economy.”
Construction is expected to begin in 2021, with completion scheduled for 2023.