‘Bring life back’: Apartments, shops set to feature in new Toombul plan

Toombul has been the subject of previous, tentative development proposals, featuring unit towers on the higher, northern end of the site, and a new bus interchange to complement the nearby train station.

Loading

However, the prospect of parkland on the southern end of the site, and a modern retail offering, could prove attractive to new buyers in Brisbane’s constrained housing market.

Mirvac will now focus on finding the financial backers and builders to deliver the new Toombul town centre.

“Now that we have council support confirming what is permissible on the site, we are commencing discussions with a targeted group of potential partners, including capital and other delivery partners, to support the future redevelopment,” the company said.

“Given the scale and size of the site, along with the current challenging construction environment, we believe this will be the fastest pathway to bring life back to Toombul.”

Start the day with a summary of the day’s most important and interesting stories, analysis and insights. Sign up for our Morning Edition newsletter.