Brisbane’s urban landscape is set for a significant transformation as Kokoda Property receives approval for its ambitious $1.5 billion Skyring Terrace project in Teneriffe.
This development, hailed as the largest private project in Brisbane, promises to redefine the city’s riverfront and contribute to its ongoing growth.
The approved plan for the 17,612 square metre site at 17-27 Skyring Terrace includes five distinct, slender buildings that will house over 200 luxury residences, lofts, and penthouses.
A key feature of the development is the introduction of Brisbane’s first The Kimpton Hotels & Restaurants, an international 5-star luxury hotel.
The project also incorporates a substantial commercial component, featuring over 4,800 square metres of waterfront dining and retail spaces, as well as a redeveloped Community Hub.
Mark Stevens, Founder and Managing Director of Kokoda Property, emphasised the project’s focus on enhancing public access to the Brisbane River.
“Our vision for the project is to reignite the Brisbane riverfront for a new generation, with 9,331 sqm of the Skyring Terrace development dedicated to being open, lush green public spaces with sprawling laneways and a 220-metre riverwalk extension,” Stevens stated.
He further noted that 53 per cent of the site will be open, green, and available for public use.
The architectural design, developed in collaboration with Carr, Cottee Parker Architects, and Urbis Town Planning and Landscaping, draws inspiration from Teneriffe’s iconic brick woolstores and the structural remnants of the suburb’s river industries.
The design also takes into account Queensland’s subtropical climate, maximising opportunities for outdoor and semi-outdoor active spaces.
This approval marks a significant milestone for Kokoda Property and Brisbane’s urban development.
The Skyring Terrace project is poised to become a new global destination, blending heritage with modernity and creating a unique waterfront landmark that will contribute to Brisbane’s evolving cityscape.
As the project moves forward, Kokoda Property plans to unveil more details about this transformative development, which promises to breathe new life into a highly coveted piece of land along the Brisbane River.