Off the back of $30 million in sales, Brookfield Residential Properties has awarded Queensland’s largest independently owned construction company, Hutchinson Builders the contract to construct the next residential stage of Brisbane’s premier boutique retail and dining precinct, Portside Wharf.
The luxury apartment project – Pinnacle at Portside Wharf, will form part of the mixed-use retail and residential development along the river in the blue-chip suburb of Hamilton.
Construction is anticipated to commence in the last quarter this year on Pinnacle at Portside Wharf – a 16 storey residential building comprising 168 luxury riverside apartments, penthouses and terrace homes, with completion scheduled for early 2015.
Brookfield Residential Properties Project Director Lee Butterworth said it was vital to partner with one of Australia’s most trusted construction companies.
”Brookfield made an “all of business decision” to seek tenders from a selection of apartment builders with suitable experience on quality projects,” he said.
“With experience in delivering multi-storey, quality apartment buildings, Hutchinson Builders are a perfect fit.”
Mr Butterworth said with Pinnacle at Portside Wharf earmarked to become a Brisbane icon, it was important to find a respected and innovative construction company that would deliver a product of superior quality.
“Pinnacle will boast the finest residences at Portside Wharf and some of the best riverfront luxury residential living in Brisbane and we trust Hutchinson to deliver this world-class product.”
Designed by Noel Robinson Architects, Pinnacle at Portside Wharf will be the fifth residential building at the riverfront precinct after Loft, Infinity, Flare and Promenade.
With Stage 1 sold-out, the second stage is now selling with one bedroom apartments available from $435,000 and two bedrooms from $545,000.
Mr Butterworth said the launch of Pinnacle was a huge step forward for Portside Wharf.
“Portside Wharf is constantly growing – we are now home to over 30 retailers and last year we saw the completion of our fourth residential tower, Promenade,” he said.
“Pinnacle will be the best Portside Wharf has to offer, with its absolute waterfront position boasting views of
the Brisbane River and city that can never be built out.
“Those who are lucky enough to get in early and secure a spot at Portside Wharf will be privileged to this rare lifestyle opportunity, giving them access to a mix of retail and dining options right on their doorstep.”
Portside Wharf is home to more than 30 retailers including Dendy Cinema, IGA supermarket, Jetts Fitness, Urbbana and Ella Bache, as well as a number of Brisbane’s best waterfront fine dining restaurants including Sono, Byblos, Gusto da Gianni, Restaurant Manx and Belvedere.
For further information, visit the Portside Wharf Sales & Information Centre in the Portside Wharf Plaza, at 39 Hercules Street, open between 10am and 4pm daily, call 07 3630 1666 or visit www.pinnacleportside.com.au.