Beenleigh is set for a $40m economic and jobs boom with the development of The York at 96-98 York Street.
The York will be a new seven storey commercial office building that will combine premium workspace with study or home office space (SOHO) opportunities, and pedestrian access to John Lane.
As the first new major commercial office building to be constructed in Beenleigh in the last decade, the project is expected to bring 140 new full-time jobs and 100 construction jobs to the area.
The SOHO apartments will act as a business incubator, providing housing and business premises in one product to help small businesses establish, grow and succeed.
The York has secured the leasing of all commercial office space and an Agreement for Lease has been executed, the prospectus material for other lettable areas has been distributed and marketing activities will continue during the construction period.
The Queensland Government has issued term leases for the construction of some areas of the basement carpark under John Lane and for small areas of the building above ground projecting over the boundaries of York St and John Lane. The York has also obtained the Development Approval from Logan City Council.
The York site establishment occurred in late March 2020 and construction commenced in April 2020 with the development scheduled to be completed mid to late 2021. The project team is committed to keeping the community informed throughout the entire project.
The anticipated social and community benefits that arise from the development include:
investLogan, in partnership with Alder Developments, are committed to delivering an innovative new destination that will reinvigorate Beenleigh.
Alder Developments, alongside sister company Alder Constructions, are an agile development and construction business, which has recently completed the $5.5 million redevelopment at the Beenleigh Aquatic Centre in Alamein Street.
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This development is estimated to create a $40m economic and jobs boom from 2019 on the back of investLogan’s investment. The development is estimated to provide: