Pictured above: Artists impression of Exhibition Quarter
Federal Treasurer, the Hon Dr Jim Chalmers MP, today marked the commencement of Exhibition Quarter, Lendlease and QuadReal Property Group’s first build-to-rent residential apartment building at Brisbane Showgrounds in Queensland.
The high-quality development will provide residents with an alternative to the traditional rental market, with 443 build-to-rent residences in a mix of studio, one-, two- and three-bedroom apartments over 37 levels.
With a strong focus on health and wellbeing, premium amenities and communal spaces, Exhibition Quarter will include a 25m lap pool with a beach edge, a fully equipped gym, an outdoor spa retreat, a yoga room, as well as podcast and music recording studios, BBQ pavilion, co-working amenities, dog wash facilities and resident lounges.
Residents will also have access to a 24-hour first-class concierge service, as well as 225 car parks and 471 bike spaces on the podium level.
Exhibition Quarter will be fully electric with no gas, enabling it to be 100 per cent powered by renewable electricity, and will target a 5 Star Green Star Buildings Version 1 rating.
Dale Connor, CEO of Lendlease Australia, commented on the recent changes to the federal build-to-rent policy, stating, “We commend the Federal Government’s recent build-to-rent policy reforms, which will help create a more viable build-to-rent sector and we look forward to playing our role in boosting the supply of high-quality, long-term rentals in the Australian market.”
QuadReal is a joint venture partner and co-owner of the development with Lendlease, with Lendlease also acting as the development manager and investment manager.
Completion is expected in late 2025.
