Greenlight for Newstead Business Development

2 September, 2021

Brisbane City Council has given the go-ahead for Churchill Development Group’s (CDG) and Into Property’s multi-million-dollar Breakfast Creek Quarter development.

The development application was approved after CDG lodged its development application in March this year for the 6,778 square metre site which sits between Bunnings and the Mercedes Benz Flagship Headquarters on Breakfast Creek Rd.

Executive Director Jonathan Leishman said it had appealed to the group as the area was a significant entry corridor into Brisbane.

“We believe Breakfast Creek Quarter will add to the substantial urban renewal of this former industrial hub,” Mr Leishman said.

CDG intends to develop an eight-storey building which will be home to a mix of commercial and retail spaces. It’s been strategically designed in a U-shape to incorporate the surrounding scenic views of the river, park and city skyline.

“Primarily the commercial spaces will be from levels four to eight including a serviced office offering designed to appeal to those requiring less space but still wanting a corporate office,” Mr Leishman said.

“The lower levels have been earmarked for a childcare as well as retail and food outlets and the rooftop for a high-end function space offering designed for weddings and corporate events.”

The office levels will have a 3300 square metre floor plate which Mr Leishman hopes will attract a large end user, but also provides options including two 1500 square metre split floor tenancies and six 500 square metre tenancies.

Construction is expected to start on the building in early 2022.

Mr Leishman said they were keen to be a part of the continued urban renewal of the area which would feature prominently in the 2032 Brisbane Olympic Games.

Earlier this month the Brisbane City Council unveiled the final design for its $67 million Green Bridge to be built at Breakfast Creek.

The 80-metre bridge will connect to the Lores Bonney Riverwalk, providing a link to the planned Hamilton Athlete’s Village for the 2032 Olympic Games.

“We believe our development will also be a key link to infrastructure, creating a sense of place for the precinct and building on that foot traffic,” Mr Leishman said.

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