Newstead Community Newsletter - March 2022

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We’ll We’ll also also provide provide you you with with aa number number of of ways ways to to make make contact contact with with us us throughout throughout the the planning planning and and construction construction phases phases of of the the project, project, so so please please feel feel free free to to get get in in touch. touch.

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Who is Frasers Property Australia?

Since 1924, Frasers Property Australia has delivered award-winning communities and created stronger, smarter, happier neighbourhoods.

International in scale and local at heart, we understand the human side of property to plan, deliver and manage high-quality, beautiful and diverse places that enhance the way people live life together.

From homes, shopping centres, commercial offices and long-term secure rental properties to mixed-use places, all are carefully conceived to leave a positive legacy in local communities. We design, develop, build, manage

80+

1924

cities globally

established

5

cities locally

and provide clean energy for the properties and communities we create.

During our legacy, we’ve built over 140,000 homes for Australians. We’ve always created places and communities in which people feel they belong and we do this through place-making and a focus on community building, supported by our dedicated community development team.

Frasers Property Australia is an Australian division of Frasers Property Limited, a multi-national real estate company with operations in 70 cities across 20 countries.

Yungaba Kangaroo Point, QLD

Central Park Sydney, NSW

Hamilton Reach Hamilton, QLD

A rare opportunity We feel privileged to be developing a new piece of the Newstead community that will enhance connectivity to the James Street precinct, bringing with us a wealth of experience in shaping new mixed-use communities and delivering iconic addresses.

This unique opportunity on the corner of Chester and Morse Streets allows us to revitalise the existing industrial use of the site through design and delivery of a boutique, high quality mixed-use project.

Using this experience, we have lodged a proposed plan with Brisbane City Council designed to accommodate a mix of high-quality apartments, premium terrace homes, retail space and public realm improvements including the revitalisation of Morse Street Park and Fortitude Lane as a key connection to the James Street Precinct. The proposal also includes a subtropical design response through enhanced green space and strong focus on sustainability.

Artist impression - subect to Council approval.

This plan is an artist impression, is not to scale and should be used as a guide only. Purchasers must rely on their own enquiries and the contract for sale.

DO G

GE TT

ST

An emerging context Potential Precinct Evolution 6 STOREY LODGED DA 31 DOGGETT STREET

APPROVED COMMERCIAL BUILDING

18 STOREY BUILT

UP TO 20 STOREYS

ELLA STREET

3 STOREY BUILT

SUBJECT SITE

MORSE STREET

UP TO 17 STOREYS

10 STOREY POTENTIAL

6 STOREY APPROVED

UP TO 10 STOREYS

DOGGETT STREET

6 STOREY POTENTIAL

UP TO 6 STOREYS

3 STOREY POTENTIAL

ARTHUR STREET

2 STOREY RESIDENTIAL

UP TO 3 STOREYS

Sectional transition in building height – a graded approach: east-west

More than 30,000 dwellings will be needed each year for the next 25 years to support SEQ’s population growth. Brisbane is set to experience this rise as people from interstate and overseas seek a lifestyle change and settle in this sunny corner of Queensland.

The James Street Precinct of the Fortitude Valley Neighbourhood Plan is well placed to sustainably support Brisbane’s population growth requirements, which have evolved significantly since the plan was last revised more than 10 years ago.

graduates from Arthur Street to Ann Street. This approach responds appropriately to the scale of existing and planned development at its edges.

We also aim to better integrate with the established James Street precinct through regeneration of Morse Street Park and creation of new pedestrian linkages including additional on street parking and a new public plaza comprising two café/restaurant tenancies to contribute to the vibrancy and connectivity of the community.

Proximity to central economic and transport infrastructure coupled with Brisbane’s most appealing lifestyle precincts represent a unique opportunity for the neighbourhood to become a key strategic area to support the evolving needs of the city and contribute meaningfully to its own identity.

Finally, the scheme reduces the site cover of the apartment building to mirror the scale of our adjoining neighbours facing the site, with a complementary medium density townhouse offering which negates the overlooking and solar gain issues that would result from an 8-storey offering across the entirety of the site.

The proposal has been carefully developed to consider the existing interfaces of the precinct with a forward focus, taking a detailed transitional height approach which

This is an exciting opportunity to deliver an innovative approach to density that provides a significant benefit to the precinct and Brisbane as a whole.

A plan to enhance liveability

$4.2

MILLION

Transforming an underutilised industrial site into an architecturally designed precinct that contributes to the local community

Achieving a 5 Star Green Star rating with an innovative subtropical design response embodying Council’s “Buildings that Breathe” principles

Activating the public realm through revitalising Morse Street Park and enhancing connectivity to James Street

A plan to exceed Council’s parking requirements by 28%

Frasers Property will be contributing $4.2M to improve local infrastructure including roads, parks and stormwater at the discretion of Brisbane City Council

Striving for a carbon neutral outcome where greenhouse gas emissions are minimised during the manufacturing processes, during construction and once complete

Contact us

We hope this provides you with answers to any questions or concerns you may have.

To stay up to date with how we are progressing, please visit www.newstead-living.com.au.

Don’t forget to keep an eye out for details on the drop in session for your opportunity to meet with us, ask any questions and to find out more about this development.

If you wish to know more at any stage, please do not hesitate to contact our Community Development Manager.

Marion Allard Community Development Manager communityqld@frasersproperty.com.au

drop in

We’re holding a drop-in session and providing an opportunity for local residents to speak with us regarding plans for this new development. Keep an eye out for an exact date in coming months.

We hope to see you there!

Please note that while reasonable care is taken to ensure the content of this newsletter is correct, all information is to be used as a guide only. Images are conceptual only. Purchasers must rely on their own enquiries and the contract for sale.