Construction has commenced on Riverlight North, the eleventh residential project within the $700 million Hamilton Reach masterplanned community located at Northshore, the largest waterfront urban renewal project by the Queensland Government.
With 85 apartments over 11 levels, comprising of one, two-and three-bedroom floorplans and two penthouses, Riverlight North has a total value of $48.4m.
Frasers Property has appointed builder Tomkins to construct Riverlight North which is expected to employ around 300 workers throughout construction, with completion slated for the second quarter of 2021.
Scott Ullman, General Manager Residential Queensland for Frasers Property Australia, says getting construction of Riverlight North underway is a positive sign for property and construction markets during the challenges of COVID-19.
“It is both timely and exciting for the crane to be going up and for construction to be commencing on Riverlight North,” Mr Ullman said.
“It is vital to our economy that construction projects such as Riverlight North forge ahead.”
Riverlight North caters for the ongoing demand for three-bedroom apartments by increasing the proportion of this apartment style in the building.
It is the first Hamilton Reach precinct set to have its own ‘sensory garden’ – a shared landscaped community garden space to incorporate fresh herbs such as rosemary and mint along with other plant species like aromatic jasmine and frangipani.
Riverlight North will also have access to the Riverlight resident facilities that include a 20-metre lap pool with sundeck, fully equipped gymnasium, dining and function room and award-winning landscaped gardens and barbecue area. Residents will also have access to kayaks and bicycles for exploring Hamilton Reach and its surrounds.