THE billion-dollar Icon Ipswich project is reaching for the sky with Tower I climbing into a dominant position in the city's image.
The massive urban renewal project continues to take shape, with work well underway on Tower I, the nine-storey, A-Grade commercial tower on the corner of Brisbane and Bell Streets.
Leighton Properties project director Bradley Norris said construction was progressing well and was on schedule.
"Every 10 days a new level is added to the tower and pouring for level five is scheduled this week," Mr Norris said.
"The concrete feature walls at the Brisbane Street entry are now complete and the installation of the glass façade panels is expected to commence at the end of December."
Mr Norris said the project was on target to have the tower "topping out" next March with "practical completion" - when the project is ready to be handed over to the developer - targeted for next September.
Icon Ipswich is a development partnership between Leighton Properties and Ipswich City Properties.
Leighton Properties is one of Australia's leading property development companies with 40 years in the commercial, retail, residential and urban precincts sector.
Ipswich City Properties is a company wholly owned by Ipswich City Council.
It was incorporated with State Government approvals with the specific intention of bringing the vision for the revitalisation of the Ipswich City Heart under the Ipswich Regional Centre Strategy into reality.
The directors of Ipswich City Properties Pty Ltd are Paul Tully (chairman), Paul Pisasale, Carl Wulff and Jim Lindsay.
In political circles, Tower I has been the centre of controversy over the previous government's pledge to install 1200 public servants there.
The LNP Government is lamenting the lack of bureaucrats wanting to move into the building but that isn't a problem on the construction side.
"We've been going here almost 12 months from when we started the demolition," site manager Dave Warner said.
"We're forming up level five at the moment; we'll do the first part of the pour for level five and by Christmas we'll have level six completely poured and level seven half formed.
"We should top out the structure by hopefully late February, early March; windows for the structure start going in next week and certain parts of the façade."
Is the Icon Ipswich project a waste of tax money?
This poll ended on 13 December 2012.
Yes - 38%
No - 61%
This is not a scientific poll. The results reflect only the opinions of those who chose to participate.