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Brisbane Development > Development Areas > Brisbane CBD > Construction Commences on Brisbane’s Tallest Office Tower
Brisbane CBDCommercial

Construction Commences on Brisbane’s Tallest Office Tower

Last updated: 27/04/25 at 8:18 PM
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5 Min Read
Architectural rendering of Dexus' $2.5 Billion Waterfront Brisbane development
Architectural rendering of Dexus' $2.5 Billion Waterfront Brisbane development
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Construction work for the first stage of the Waterfront Brisbane project, a joint development by Dexus and the Dexus Wholesale Property Fund (DWPF), has officially commenced with builder John Holland Group now on site.

The project is expected to cost around $2.5 billion and aims to develop a business and leisure destination of global standards, leveraging its prime riverside location in Brisbane, Australia.

The Waterfront Brisbane project is poised to revitalise the Eagle Street precinct and create public spaces with river views and improved links between the river and the city streets.

The existing Eagle Street Pier restaurant complex will be replaced by two new office towers and premium riverfront retail, which hopes to become an iconic riverside destination that will include a wider section of riverwalk and improved connections to the city.

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Image of the current Eagle Street Pier structures which will soon be demolished
Image of the current Eagle Street Pier structures which will soon be demolished
Image of the current Eagle Street Pier structures which will soon be demolished
Image of the current Eagle Street Pier structures which will soon be demolished

The taller north tower is to be constructed first, with the south tower being built at a later date.

Tower 1, also referred to as the North Tower will become Brisbane’s tallest commercial tower ever built (to the roof level), soaring to 236m and beating the current tallest commercial tower, 1 William Street by 10 metres.

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Architectural rendering of Dexus' $2.5 Billion Waterfront Brisbane development
Architectural rendering of Dexus’ $2.5 Billion Waterfront Brisbane development
Architectural rendering of Dexus' $2.5 Billion Waterfront Brisbane development
Architectural rendering of Dexus’ $2.5 Billion Waterfront Brisbane development

The development has been designed by Fjmt and Arkhefield and aims to become a modern precinct for flexible working and socialising.

The Waterfront Brisbane project has received strong interest from organisations seeking a quality future workplace in Brisbane.

Professional services firms such as Deloitte, Minter Ellison, Gadens, and Colliers have already identified it as their future home, with 45% of the first tower’s office space already committed.

Architectural rendering of Dexus' $2.5 Billion Waterfront Brisbane development
Architectural rendering of Dexus’ $2.5 Billion Waterfront Brisbane development
Architectural rendering of Dexus' $2.5 Billion Waterfront Brisbane development
Architectural rendering of Dexus’ $2.5 Billion Waterfront Brisbane development

The construction program is expected to be delivered over five years and will include the basement, riverwalk, public realm, retail pavilions, common podium, and the north tower.

Dexus and John Holland Group are implementing construction and transport management plans to minimise disruption during the construction process.

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The riverwalk will be temporarily closed as part of the construction program, while one south-bound lane on Eagle Street will be closed on weekdays during construction hours. The lane will remain open outside of construction hours on weekdays and weekends.

Architectural rendering of Dexus' $2.5 Billion Waterfront Brisbane development
Architectural rendering of Dexus’ $2.5 Billion Waterfront Brisbane development
Architectural rendering of Dexus' $2.5 Billion Waterfront Brisbane development
Architectural rendering of Dexus’ $2.5 Billion Waterfront Brisbane development

John Holland Group has set a goal to recycle 90% of the material that leaves the site by sorting timber, metals, and concrete. This approach to sustainable construction is becoming increasingly common in the construction industry and is aimed at reducing waste and preserving the environment.

In addition to minimising disruption and promoting sustainable construction, Dexus and John Holland Group are also committed to keeping the community informed about the progress of the project.

The Waterfront Brisbane app is available on the Apple App Store and Google Play and provides updates on the project’s progress and important information for the community.

Architectural rendering of Dexus' $2.5 Billion Waterfront Brisbane development
Architectural rendering of Dexus’ $2.5 Billion Waterfront Brisbane development

With construction officially underway, completion is expected to be around five years.

Click here to read an in-depth DA analysis of Waterfront Brisbane.

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6 Comments
  • m says:
    1 February 2023 at 1:16 am

    Don’t forget LatStudios designing all the public realm & terraces.

    Reply
  • terence smith says:
    2 February 2023 at 1:57 am

    its just same old boring cut and paste tower plus a few gardens and replaces walkways
    boring, nothing new, just clogs the air flows in and out of the city centre as another brick in the tower wall along the river

    Reply
  • Warwick says:
    2 February 2023 at 9:40 am

    Architecturally there seems to be little about these projects that stands out in comparison to other similar office buildings. More facades of glass and steel to contain an air-conditioned bubble.

    Having been subjected to the artificial environments of numerous office spaces for quite a few years now, one of the things I and my fellow workers appreciate is access to fresh unadulterated air on occasion. Unfortunately, due to the constraints of contemporary air-conditioning management most office spaces are ill designed to accommodate this most basic requirement, assistive as it is for the optimal operation of the human brain.

    A sophisticated 21st century design might have covered this aspect with clever access to balconies, whose verdant plant life drips with ambiance, harbouring ample places to sit and contemplate whilst eating lunch in a bit of brief peace, quietly taking in the view and enjoying the breeze. Not everyone has the luxury of time to nonchalantly amble down to the lower decks and line up at a counter for their lunch break.

    Also, if I were the designer, I would have made the pathway along the riverfront another couple of metres wider at least, in anticipation of the inevitable and totally foreseeable uptake of active transport options as technology advances in this direction. One would hope that the designers of these buildings have seen fit to provide appropriately secure lock-ups to accommodate the owners of these expensive devices, as well as adequate changeroom facilities etc.

    Reply
  • old mayte says:
    3 February 2023 at 6:30 am

    A child could design a more creative public space than a green stepped terrace. So many arhcitecutral firms involved yet a terrible outcome with a very uninspiring architectural language.

    Reply
  • Anthony says:
    8 February 2023 at 9:50 am

    Seems the back of the development is not being shown. For good reason. Perhaps this story should have shown images of the flat featureless front of these buildings. If the general public saw it they would all be up in arms about the dreadful blight Eagle street is about to become.
    As others have commented, copy and and paste and some greenery. Nothing special. Eagle street frontage is an utter disgrace for this city. A wall of mustard turd nothing.

    Reply
  • Jayden says:
    26 April 2023 at 9:59 am

    Total garbage design. How did this even get approved. Huge opp lost to design something incredible.

    Reply

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