A skyscraper that has reshaped the Brisbane skyline has taken out Queensland's top property award.
1 William Street, the 46-storey office now home to the Queensland Government and public service, was presented with the Property Council of Australia's Rider Levett Bucknall Queensland Development of the Year award at a cocktail reception this evening.
Building owners Cbus Property and ISPT were praised for an innovative approach to development that has delivered a significant and striking addition to the Brisbane skyline.
"1 William Street was a major catalyst project for the Queens Wharf precinct. This landmark commercial tower has reintegrated an undervalued section of the foreshore back into the physical and social fabric of Brisbane city," says the Property Council's Queensland Executive Director Chris Mountford.
The Queensland Development of the Year award is part of the national 2019 Property Council of Australia / Rider Levett Bucknall Innovation and Excellence Awards program. RLB has partnered with the Property Council to present the awards program since its inception in 1982.
"1 William Street has enhanced connectivity between the Brisbane River, the city and the Botanical Gardens, activating the public realm with new pedestrian linkages and landscaped terrace zones that introduce a new public amenity to the precinct," says Managing Director of RLB in Brisbane David Stewart.
"RLB is proud to have provided cost management and quantity surveying services to Cbus Property to revolutionise the way we think about offices in Brisbane and to set a new benchmark for government accommodation across Australia," Mr Stewart adds.
1 William Street is now competing in three categories at the national awards, which will be held in Sydney on Friday 17 May.
"Cbus Property and ISPT have not only delivered a purpose-built workplace of international standards, but also a significant economic boost to the Brisbane economy," Mr Mountford says.
"The property industry in Queensland supports 240,000 direct jobs and generates 11.4 per cent of Queensland's economic activity. Iconic projects like 1 William Street build prosperity by creating jobs, growth and opportunities for Queenslanders," Mr Mountford concludes.
