Metro Property Development has announced a new project with over 1,000 new apartments. It is called Central Village and is located at 66 Brunswick Street in the Valley. This is a busy road. It is not the greatest location either. Even through it is called "Central Village", according to Google, it is an 18 minute walk (1.5 km) to the Emporium Hotel (shown in the photos on the website) and 1 km to the main part of the Valley. Neither of these would be pleasant walks. You should try the walk before buying!
The first stage, called Cambridge Towers, has 163 apartments over 18 levels, mostly 1 bedroom apartments.
See also Brisbane Times story.