A $750 million dollar development application has been submitted for the Brisbane’s Albion train station, estimated to be a 15-year project.
Named The Albion Exchange it will spread across 3.5 hectares circling the train station. Currently the Albion station is only accessible through stairs and ramps, the new additions will enhance public transport in the local community. The Exchange will connect the east and west of Albion which is currently separated by the train line.
The Albion Exchange will consist of two residential towers up to 30 storeys in height. The area will also include retail stores, commercial and community places. The Albion Exchange will be designed by architect Hames Sharley who has been at the forefront of delivering architecture, urban design, interior design and planning in Australia. Hames believes the Albion exchange will help repair and regenerate the Albion suburb.
The transport facilities in the area will be improved as part of the project with station parking and accessibility improved. The Queensland government reached an agreement with Geon Property to redevelop the station. Ben Griffin, Geon Property Managing Director said the redevelopment of the Albion train station will deliver a world class transit oriented development. “This project will be more than just a property development, our vision is to create a precinct that is a genuine destination,” says Ben.
The project plans to integrate Albion train station with the commercial and residential buildings to deliver a new mixed-use transport. If the project gains approval renovations are expected to begin by 2019 to 2020.
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