A $140 million commercial development to be built above Brisbane's Fortitude Valley train station has been given the tick of approval.
Brisbane City Council's City Planning committee discussed the split-tower, 20 and 25 storey, development on Tuesday.
City Planning chairman Julian Simmonds said the site bordering Alfred Street and Brunswick Street had plans submitted to the council for a split design commercial office tower with commercial spaces, food and drink outlets or hotel bar be built on the two currently vacant lots above the train station.
"A new pedestrian arcade link from Alfred Street will also be included in the development, extending through to the Valley Metro entrance to the train station from the site."
Cr Simmonds said the new tower would provide both short and long term benefits for the Fortitude Valley economy, with more than 300 construction jobs, and up to 150 indirect off-site jobs.
"Following completion of this project, we will see the Valley's daytime economy grow, with more residents and workers to take advantage of the dining and retail opportunities that the Valley has to offer."
The council is also currently assessing a separate application for a 30 storey residential building at the Valley Metro site, which would adjoin this commercial building and provide 207 units, a rooftop communal area and two floors of retail space.
Under the application endorsed by the City Planning Committee, the commercial building would form part of the broader Valley Metro site which includes the existing shopping centre and paid car park built in the early 1970's.
The proposal:
- Two towers - a split tower - 20 and 25 storeys
- Commercial office tower 35,067m2 GFA
- Ground floor retail/café/bar 1,144m2 GFA
- Rooftop recreation
- Activated pedestrian arcade link into the Valley Metro mall
- Two basement levels
- Including servicing, 53 car spaces (including 1 disabled space) and 7 motorcycle spaces
- Access from Constance Street
- Changes to the Valley Metro Secure Parking station