1 William Street wins Queensland’s top property award for striking and innovative approach to development

It’s fast becoming the most recognisable feature of Brisbane’s skyline — and its design has now taken out Queensland’s top property gong.

Brisbane’s so-called “tower of power” 1 William Street has taken out the Property Council’s Queensland Development of the Year award.

IT HAS reshaped the Brisbane skyline — heralding a new era of development — and now the city’s so-called “tower of power” has risen to a new level, taking out Queensland’s top property award.

1 William Street, the 46-storey home to the Queensland Government and public service, has been lauded as the Property Council of Australia’s Rider Levett Bucknall Queensland Development of the Year award at a cocktail reception tonight.

Building owners Cbus Property and ISPT were praised for an innovative approach to development that has delivered a significant and striking addition to the Brisbane CBD’s skyline.

“1 William Street was a major catalyst project for the Queens Wharf precinct,” said the Property Council’s Queensland executive director Chris Mountford.

“This landmark commercial tower has reintegrated an undervalued section of the foreshore back into the physical and social fabric of Brisbane city.”

The Queensland Development of the Year award is part of the national 2019 Property Council of Australia/Rider Levett Bucknall Innovation and Excellence Awards program.

“1 William Street has enhanced connectivity between the Brisbane River, the city and the Botanical Gardens, activating the public realm with new pedestrian linkages and landscaped terrace zones that introduce a new public amenity to the precinct,” said RLB’s Brisbane managing director David Stewart.

“RLB is proud to have provided cost management and quantity surveying services to Cbus Property to revolutionise the way we think about offices in Brisbane and to set a new benchmark for government accommodation across Australia,” he said.

1 William Street will now compete in three categories at the national awards, which will be held in Sydney on May 17.

“Cbus Property and ISPT have not only delivered a purpose-built workplace of international standards, but also a significant economic boost to the Brisbane economy,” Mr Mountford said.

“The property industry in Queensland supports 240,000 direct jobs and generates 11.4 per cent of Queensland’s economic activity. Iconic projects like 1 William Street build prosperity by creating jobs, growth and opportunities for Queenslanders.”