The York – 96-98 York Street, Beenleigh

About this project

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.

Current Status

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.

Social and Community Dividends

The anticipated social and community benefits that arise from the development include:

  • an estimated $250,000, to be allocated to the John Lane facelift between John Street and George Street, with new amenity which may include public art and smart technology, including WIFI; 
  • integrating 10 short-term publicly accessible car parking sites in the development at an estimated $250,000;
  • the John Lane facelift will activate the Lane and substantially improve casual surveillance opportunities of the space support greater casual surveillance opportunities during hours of operation critical factors in designing for vibrant places for people. 
This ideal employment location benefits from walking access (500m) to Beenleigh’s recreation heart, Dauth Park, easy access (550m) to Beenleigh Train Station and provision of end-of-trip facilities.
 

The Development Partners

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.

Economic Benefits

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:

100

construction jobs

140 new full-time jobs

once the development is complete

$4.1m of direct benefits and $10.6m of indirect benefits

generated during the construction phase

$16.5m of direct benefits and $8.5m of indirect benefits

generated during the operational phase