Saturday, November 19, 2011

Northshore Hamilton

The $5 billion Northshore Hamilton urban redevelopment is underway, with thousands of apartments expected to be built in the next 10 years.  About 15,000 new residents are expected to move into this area, which is an old port and industrial precinct 6 km down river from Brisbane City.
  • Two Devine apartment buildings are almost complete, with a third on the way.
  • Brookfield Multiplex is building another Portside apartment building, Promenade (172 apartment), with two more planned.
  • Citimark has development approval for Rivana, 15 levels with 208 apartments.
  • Mirvac has a three building apartment complex planned, with a sales display office constructed onsite.
  • Australand has launched 78 apartments as part of its $400 million project, Hamilton Reach.
Will there be an oversupply of small, non-riverfront apartments in this part of Hamilton, where there are few facilities and not much within walking distance?

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