$280 MILLION ALBION DEVELOPMENT ON TRACK

Published Monday, 05 November, 2007 at 03:11 PM

Premier
The Honourable Anna Bligh

The State Government and developer FKP have cleared the final hurdle in the plan to transform a 1.3ha site at Albion into a modern $280 million village-inspired community based on the railway station.

Premier Anna Bligh said the $280 million Mill Albion project would be a showcase for Transit Oriented Development, which incorporates the best of sub-tropical urban design with housing and commercial development linked to major public transport centres.

The Government this week confirmed to the Brisbane City Council that agreement had been reached with FKP to build a multimillion-dollar footbridge to the railway station, the final component needed for the development to proceed.

Designed by award-winning architect Richard Kirk, the development will preserve the heritage-listed former Defiance Flour Mill and its silos, using them as the focal point for a mix of residential and retail buildings linked by public plazas and community spaces.

Mill Albion will replace an existing car yard and the railway station's park and ride, and provide parking for more than 600 vehicles.

"It will transform what is not a particularly attractive area into a first-class precinct providing a vibrant place where people can live, work and socialise only eight minutes’ train ride from the City,” Ms Bligh.

“The development preserves a part of Queensland’s history while offering a blueprint for the future.”

FKP are designing the office component to achieve a "5 star, Green Star'' certification by the Green Bulding Council of Australia. The Mill's design will also incorporate recycled timber and bricks from the current site.

The Mill will incorporate approximately 20,000 sqm of commercial office space, 143 apartments and 5000 sqm of retail space.

Office space will be incorporated in two buildings, a 12-storey (14,359 sqm), corporate office building and five-storey, campus-style (5,246 sq
m) building.

The one, two and three-bedroom units will be in three buildings - two new purpose-built buildings and the renovated flour mill, which will incorporate 11 apartments.

The ground floor retail space will include cafes and restaurants, a major supermarket, medical centre, newsagency, deli, bakery and grocers.

Ms Bligh said TODs were an integral component of the Government's strategy to keep ahead of growth.

"The South East Queensland Regional Plan, will ensure the region's growth is sustainably managed and that our lifestyle is preserved.

"The plan protects more than 80 per cent of the region's open spaces from development-the very qualities that make SEQ one Australia's best places to live.

'Still, we will need to accommodate one million more people in the region by 2026. This population growth and the trend towards smaller household sizes means we will need around 575,000 new dwellings in the next 20 years.

"To stop urban sprawl from swallowing our remaining open spaces, the SEQ Regional Plan proposes that nearly half of the new dwellings be built in established urban areas.

“About 115,000 of the additional 145,000 dwellings needed in Brisbane by 2026 will be achieved by “infill development” in established urban areas.”

Media Contact: Premier’s Office: 3224 4500