AS INNER-CITY Brisbane runs out of development space, only two options remain – build upwards or move outwards. This edition of Home showcases both. Two 20-storey towers are set for Milton (story page 8) and an all-female team is delivering 73 new apartments to Kangaroo Point (story pages 16). Meanwhile, Oxley may be getting its first multi-level apartment building (story page 6). There is also a development milestone for Brisbane’s east. A Thornlands project is about to become the first rolled out under the South East Thornlands Structure Plan, which will create a new fully planned community for the bayside (story page 12).
Part of Villa World’s $500 million Redlands workbook, the project is a positive sign for growth in the region.
But the knock-on effects of a busy Brisbane development market are not only felt in the fringe and outer suburbs.
A Gold Coast project has recorded $20 million in sales in one month (story page 10) and the Sunshine Coast is enjoying a boost as developers and investors realise its value comparative to the capital (story page 14).
When the Brisbane market is strong, all of south east Queensland enjoys the benefits.