Developers eye Woolloongabba’s $1.2bn Station Square site that went into receivership
The sale of Brisbane's failed $1.2bn Station Square project has attracted intense competition from developers eyeing the prime Woolloongabba mega site after receivers put it on the market.
There’s been plenty of interest from developers for the site of Woolloongabba’s $1.2bn multi-tower Station Square project that went into receivership a couple of months ago owing up to $60m.
Chalk Development is controlled by Peter Priest whose company Trenert was developing Station Square, and who told Citybeat in September he was seeking a joint venture partner. On Friday he didn’t return calls.
Savills Robert Dunne is marketing the 18-lot 9000 sqm site at 735 Stanley St which is across the road from the Cross River Rail station and where the post-Olympic Games 17,000-seat arena has been mooted.
Dunne refused to comment other than to say “there’s been a lot of interest” with the campaign wrapping up on November 12.
Some of the developers we’ve heard that are interested include Pikos Group, Melbourne-based ICD Property – which has a proposed 1100 home six-tower project on the boil in West End – Kokoda Property and two of the busiest local apartment developers around, Mosaic and Aria.
Wexted Advisors Partners Andrew McCabe is the receiver, along with Joseph Hayes, who didn’t return phone calls.
The site within the Woolloongabba Priority Development Area, supporting high-density mixed-use development outcomes, and allowing over 130,000 sqm of gross building area and buildings of up to 60 storeys.
Farewell
The sports, legal and business communities packed St Stephen’s Cathedral in Brisbane on Thursday to farewell corporate titan Darryl McDonough.
Among the throng were Clayton Utz CEO Emma Covacevich, broking luminaries Tim Crommelin, Roger Clarke, Broncos chair Karl Morris, former Suncorp Stadium GM Alan Graham, legal stalwarts Geoff Harley and Eddie Kann and business and education leaders Peter Crowley, Robbie Cooke and QUT Vice Chancellor Mark Harvey and public relations identity Geoff Rodgers and artist Toni Ware and former Wallabies greats David Cody and Paul McLean.
Supporting Darryl’s wife Sharon and family was longtime friend and former Morgans corporates finance guru Ian “johnno” Johnston.
His sons Nicholas and Benjamin gave great insight to a father who had given them sound principles to navigate life and family.
At the wake at Harveys Bar in the Valley, Sharon shared that Darryl was farewelled in his beloved pineapple Okanui shorts, favoured swim shirt, two lotto tickets his Cox Plate pin and a monographer Bic biro from his sons … a gag on Darryl’s love of collecting rare pens.
Vale Darryl Denis McDonough aka D.
Going digital
Queensland’s building regulator is ramping up its digital innovation and modernisation agenda with the launch of the QBCC digital licence.
Queensland Building and Construction Commission CEO and Commissioner Angelo Lambrinos (illustrated) says the digital licence is a major step forward in delivering on the commitment to make it easier to do business with the QBCC.
“The QBCC digital licence is part of a broader program to modernise our services while ensuring the public and industry can continue to trust the strength and transparency of the QBCC licensing system,” he says.
The QBCC started rolling out a pilot program for digital licences in September 2025,
initially offering the option to site supervisor licensees and Pool Safety Inspectors.
The digital option is now available to more than 105,000 QBCC licensees.
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