A 250 million dollar commercial tower is planned for Fortitude Valley at the intersection of Ann and Wandoo Streets, opposite Aurizon’s $170 million headquarters.
It is understood Consolidated Properties Group purchased 895 Ann Street for 15 million dollars with the intent to develop the land into a 15-storey tower.
The 895 Ann Street address currently holds a three-level office building housing several businesses with construction expected to begin pending approval towards the end of next year.