The James Street tower moves from approval to construction nine days after the Reserve Bank lifted rates, with its reported value now $20 million lower.
The third recut of the Elizabeth Street site in three years swaps an office-led scheme for apartments and a hotel above a public rooftop garden.
The site has carried at least four different approved or proposed schemes since 2021. This one is almost entirely two-bedroom apartments.
The Games authority has one consortium in the next round for the 2032 centrepiece, with the early contractor process to finish in the new year.
The developer paid $70 million for the former Nobby's Outlook site in 2024. Early works are under way ahead of the sales launch.
A boutique block on Brisbane's bayside, from a developer also converting an office building in Spring Hill.
Four months after its May peak, Brisbane is now 5.4% off the top, and the number of homes changing hands has fallen faster than anywhere else.
Houses are holding up nationally. Apartment approvals are not, and Queensland's monthly count fell by about three quarters.
A unanimous decision, a falling housing market and rising material costs: the Governor named the squeeze on developer feasibility directly.
Investors put in $25,000 to $200,000 each. The offending came to light through reports to ASIC, not through any disclosure by the developer.
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The Daily Index: every notable filing, deal, and approval in Australian development, ranked by what matters, in one three‑minute read each morning. Free.
