Our attraction to the Fortitude Valley has never been stronger. The area is now experiencing a boom in development unlike anything before. Billions of dollars are being poured into urban renewal and new highrise projects across the Bowen Hills, Fortitude Valley and Newstead areas.

Why is this happening? A few reasons below could explain why:

1) Trend: We all know that the Valley is now a ‘trendy area’ to be in. Officially, it is Brisbane’s designated ‘entertainment district’, and Australia’s first entertainment district protected under legislation to remain this way.

2) Locality: Not only is our CBD waterlocked by the Brisbane River, but it is one of the smallest in Australia in terms of land area. This has lead people to see the Valley as an opportunity to extend the CBD, a plan which is supported by the Brisbane City Council as a way to energise the area during the day. Already, we have seen numerous companies relocate their offices to the Valley/Newstead area. Leighton, Aecom, Arup, Energex, Watpac, Cardno, RPS, Fujitsu and many Brisbane City Council departments have recently moved into the Valley in recent years.

3) Changing Demographics: The days of owning a large house in the suburbs are numbered, as younger demographics are opting to surround themselves with nearby amenities. This as well as investment from asian buyers are contributing to strong demand for one and two bedroom apartments, particularly in the Valley where developers have recorded strong sales.

4) Undeveloped: Given the close proximity to the CBD, the Valley could be said to be largely undeveloped. Unlike neighbouring suburbs such as Kangaroo Point and Spring Hill, apartment development has been slow to take off – until now.

5) Transport: The Valley is home to above-average public transport in Brisbane. The area has access to rail, city cat and bus services, with the high frequency City Glider being a recent addition to this. The Valley’s grid road system will also make it easier in the future to provide Light Rail transport through the area.

Below is a list of projects – proposed, approved, under construction and recently completed in the Fortitude Valley, Bowen Hills and Newstead areas. Map and list composed by Marty.

Fortitude Valley

435 St Pauls Terrace | 30st | 116.5m

• Developer: Watpac
• Use: [Residential: 464 Apartments] | [Retail: 9 Tenancies]
• Status: On Hold
• DA#: A002480576
• http://www.watpac.com.au/

757 Ann Street | 11st | 54.0m 

• Developer: Vanriet
• Use: [Office: 7,788m2 NLA] | [Retail: 3 Tenancies]
• Status: Approved
• DA#: A003189802
• http://757ann.com/

Alex Perry Residential | 11st | 47.95m

 Bakery Lane | 3st

Brooklyn on Brookes | 15st | 59.9m

Church Street

Green Square

• Developer: Brisbane Investment Corporation
• Use: Office
• Status: Tower 2 Under Construction (Tower 1 Completed)

HQ

M&A

The Melba

Vintrosa

Bowen Hills

37 Mayne Rd | 16st | 104.18m

• Developer: Arden Property Group
• Use: [Residential: 242 Apartments] | [Retail: 5 Tenancies]
• Status: Approved

(Render by Lucid Image)

58-66 Abbottsford Road | 21st | 92.4m

Belise | 19st | 74.1m

Code | 10st | 50.1m

Madison Heights | 30st | 115.2m

Richmond Apartments | 9st | 40.9m

The Brookes | 9st | 48.7m

The Chelsea | 13st | 69.0m

• Developer: Metro Property Developments
• Use: [Residential: 195 Apartments] | [Retail: 3 Tenancies]
• Status: Under Construction
• 16 Hamilton Place
• DA#: DEV2010/051
• http://www.chelseabowenhills.com.au/

Newstead

Aris

• Developer: Brisbane Housing Company
• Use: Residential
• Status: Completed (Now Selling)
• http://www.arisnewstead.com.au/

Devine Site

• Developer: Devine
• Use: Residential
• Status: Proposed
• Location: Commercial Rd, Teneriffe
• DA#: A003071549

Rive

• Developer: Vecchio Group
• Use: Residential
• Status: Under Construction
• http://www.riveapartments.com.au/

The Gasworks 

• Developer: FKP
• Use: Mixed
• Status: Pre-sales / Preleasing
• http://www.thegasworks.com.au/

Waterfront 

Waterloo Junction