First stage of Geon Property’s Albion Exchange approved by Brisbane City Council

After having to go back to the drawing board, the first stage of a `city-shaping’ development has been approved ensuring expansive green space and better access for cyclists and pedestrians.

An artist's impression of Geon Property's Albion Exchange.

THE first stage of a city-shaping development in Brisbane’s inner north has been approved by the Brisbane City Council.

The Geon Property transport orientated development is set to revitalise the inner-north.

providing a transport, retail, accommodation and lifestyle hub in Albion – one of Brisbane’s fastest growing city-fringe suburbs.

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Geon Property senior development manager Tim Rossberg said the approval comes after significant consultation with Council, as well as ongoing discussions with residents, businesses and community groups.

“Albion Exchange is well positioned to become the future heart of Albion, with spaces for recreation, a focus on health and lifestyle services, and a brand-new retail precinct – elements that are currently lacking in the area,” he said.

Stage One of Albion Exchange approved.

The approved plans confirm that Albion Exchange will be a precinct characterised by its expansive green and open spaces.

“Green and open spaces are so important in urban areas, and we are proud that the approved design includes 3691sq m of public green and open space – covering 61 per cent of the site area,” Mr Rossberg said.

“For those who will call Albion Exchange home, we have also retained a significant amount of communal open space — just under 2000sq m — and have reconfigured the building layouts to improve internal circulation and maximise outdoor balcony spaces.”

The approved plans have also been refined to ensure safe and easy access to the site, and to support active transportation.

“Changes include widening stairs and paths, providing larger lifts with capacity for multiple wheelchairs, prams and bikes, and adding more shelter and shade,” Mr Rossberg said.

“The approved plans also enhance cyclist access to and around the precinct, with dedicated resident, employee, commuter and visitor bike parks, and a design that provides seamless integration with the soon-to-be-completed North Brisbane Bikeway.”

Mr Rossberg said 2020 would bring an exciting next stage for the project, with more tenancies to be confirmed and construction on track to commence by the end of the year.