Multiplex has been chosen by developer Shayher Group to build the third and final residential tower known as ‘The One’ of the Brisbane Quarter precinct.

Construction on the $300 million 84 storey residential tower will begin next month and will complete the transformation of the key inner Brisbane CBD site when complete in late 2021.

“As the builder of Brisbane Quarter’s two other buildings, we’re delighted that Shayher Group has selected us to build ‘The One’,” said Multiplex Regional Managing Director Graham Cottam.

“This has been a truly five star project to be involved with and one which is cementing Brisbane’s position as Australia’s new world city.”

Encompassing an entire city block and just metres away from the under construction Queens Wharf development, Brisbane Quarter includes the soon to open 34 storey ‘W Brisbane’ hotel as well as a 42 storey commercial tower ‘300 George’ due for completion in mid-2019.

“In just a few short weeks the doors will be open on the W Brisbane, Brisbane Quarter’s first building, bringing a new level of luxury and leisure to the city,” Mr Cottam said.

“It’s a stunning building, and one we have been proud to build for Shayher Group.

“Together with 300 George and The One, we know we are building a five star destination for Brisbane and something that we will all be proud of.”

Formerly the site of the Supreme Court of Queensland, the Brisbane Quarter precinct occupies 7,892 square metres of prime riverfront inner-city land and fronts North Quay, George, Adelaide and Ann Streets.

“It’s amazing to see how this development has already changed Brisbane’s CBD,” Mr Cottam said.

“Just a few years ago as the site of the former Supreme Court of Queensland this site was not particularly inviting for the general public to say the least.

“Shayher Group deserves to be congratulated to their bold vision to create a truly world leading destination for people to work, rest and play in Brisbane.”