Consolidated Properties Group chief operating officer James MacGinley unpacks the developer’s recent $43.5-million deal with ASX-listed developer Sunland, discussing the acquisition of the former ABC site in Brisbane.
Sunland sold the contentious 1.5ha riverfront site at 600 Coronation Drive, which has development approval for up to 15-storeys, last month.
This TUD+ Briefing covers:
—the mechanics of the deal between Consolidated Properties Group and Sunland
—the history of the ABC site and its relationship to Brisbane
—on site risks involving contamination, hostile neighbours and oversupply issues
—the developer’s project team and early plans for the site
—the timing for the roll-out and staging of the project.
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