171 Edward Street, Brisbane
A proposed 81-storey residential skyscraper at 171 Edward Street in Brisbane, Queensland, Australia, whose development has been put on indefinite hold.
Last updated September 29, 2026
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Overview
171 Edward Street, Brisbane is the name of a proposed residential skyscraper to be located at the address of the same name on the corner of Edward and Elizabeth Streets in Brisbane, Queensland, Australia. The proposal envisioned a tower rising to a height of 265 metres (274 metres AHD), which is currently the maximum allowable height in the Brisbane central business district. The 81-storey tower would have included 642 apartments, comprising 313 one-bedroom, 219 two-bedroom, and 110 three-bedroom units. Recreation areas with a pool, gymnasium, and games room would have been located across levels 4 and 5, and retail space was also planned for the ground floor and mezzanine level. A development application was lodged with the Brisbane City Council in December 2015 and was approved in May 2016. As of 2019, approval for the building was set to expire in June 2020. Aria's commercial manager Michael Zaicek allegedly told Commercial Real Estate that they "have no intentions for a residential development in the near future." Property developer Dexus acquired the site in 2019 for A$87m. In 2022, Dexus sold the site to a Singapore-listed company, the Hour Glass Group, for A$82.2m. As such, it may be inferred that the original plan has been put on indefinite hold, if not cancelled. The project is listed among the tallest building proposals in Brisbane, and its site has changed hands multiple times since approval, reflecting shifting development priorities in the Brisbane CBD.
History
171 Edward Street, Brisbane was proposed as a residential skyscraper at the corner of Edward and Elizabeth Streets in Brisbane, Queensland, Australia. The tower was planned to rise to 265 metres (274 metres AHD), the maximum allowable height in the Brisbane central business district, and would have contained 81 storeys with 642 apartments: 313 one-bedroom, 219 two-bedroom, and 110 three-bedroom units. Recreation areas including a pool, gymnasium, and games room were planned for levels 4 and 5, with retail space on the ground floor and mezzanine level. A development application was lodged with the Brisbane City Council in December 2015 and approved in May 2016. By 2019, the approval was set to expire in June 2020. Aria's commercial manager Michael Zaicek allegedly told Commercial Real Estate that they "have no intentions for a residential development in the near future." In 2019, property developer Dexus acquired the site for A$87m. In 2022, Dexus sold the site to Singapore-listed company the Hour Glass Group for A$82.2m. The original plan has therefore been put on indefinite hold, if not cancelled.
Development application lodged with Brisbane City Council in December 2015.
Development application approved in May 2016.
As of 2019, approval set to expire in June 2020.
Property developer Dexus acquired the site in 2019 for A$87m.
In 2022, Dexus sold the site to Singapore-listed company the Hour Glass Group for A$82.2m.
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