Official plans for an impressive 22-storey mixed-use tower in one of Brisbane’s most popular suburbs have been launched.
Brisbane-based Panettiere Developers are behind the Newstead project named ‘Oro’ which will include residential and commercial space as well as five levels of short-term accommodation.
Located at 75 Longland Street, Oro, which means Gold in Italian, the exciting development will feature a stunning 65-metre rooftop pool and sun deck, as well as a private dining space with cinema, bar and co-working space.
Currently an industrial site, the land on which Oro will be built was purchased by Panettiere back in 2018 for $13.2 million, with the developers now aiming to make the most of its prime location.
The two-storey industrial building will be demolished to make way for Oro if planning approvals are given the go ahead.
Designed by Urban Solutions Architects, the project will include sustainable features such as the use of solar panels and electric car charging bays, as efficiency is a key characteristic of the Oro development.
A total of 239 apartments make up the project over 16 levels, with two levels dedicated to commercial space and parking accommodation for a total of 417 cars.
Panettiere are also behind another Newstead development named Nero, a nine-storey residential project now selling.