Austcorp Group Limited has confirmed that a construction contract has been signed with Grocon to start work on the $900 million Vision project this month.
The inital works include demolition of the Vision display suite and the carpark facility currently on site, followed by the excavation of the 7 level basement car park.
Austcorp Executive Chairman Trevor Chappell confirmed:
"We have sufficient pre-sales of apartments in place to confirm the strong acceptance of the project.
With strong interest expressed in the commercial, retail and car parking components of the building. Mr Chappell said "we are confident that this will lead to the sale of these components, in the near future".
The iconic 79-level building – Brisbane’s tallest tower – is being built by Australia’s leading privately owned construction group, Grocon who will move onto the Vision site this month. The project will be Grocon’s first in Brisbane.
To date Vision has secured 221 unconditional apartment sales of the tower’s total 401 apartments.
Vision Facts
Location |
111 Mary Street and 222 Margaret Street Brisbane, Queensland |
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Height |
287 metres |
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Site area |
5,500 square metres |
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Total built area |
153,000 square metres |
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Commercial office |
28,000 square metres over 13 levels |
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Retail |
6,000 square metres over 3 levels |
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Observation deck |
2,000 square metres on levels 60 and 61 |
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Car park |
763 in the 7 level basement carpark |
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Number of apartments |
401 over 53 levels from Levels 17 to 71 |
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