City plans reach for the sky
THE $1 BILLION renewal of the Ipswich city centre has reached another milestone with plans revealed for a second tower.
Leighton Properties and Ipswich City Properties have lodged a development application for the tower with Ipswich City Council.
Icon Ipswich Tower II will be an integral part of the Icon Ipswich master plan, supporting the mix of restaurant, retail and entertainment long waited for in the city heart.It will be an eight-storey commercial tower with 10,400sq m of office space, 2000sq m in ground-floor retail, including an internal mall, and three levels of basement car parking with 177 spaces.
It is scheduled to start being built early next year, and finished in mid-2014.
Leighton national head of commercial Andrew Borger said it was an important next step in the multi-stage Icon Ipswich.
"We are excited to be progressing plans for Icon Ipswich Tower II, particularly following the successful launch of Tower I last year, which was leased to the State Government and pre-sold to Cromwell Property Group for $93 million before the first sod was turned," Mr Borger said.
"We are expecting a similar strong response to Icon Ipswich Tower II, which will feature dual access to Bell St and the Ipswich City Mall - providing a strong link between the rail and bus nodes through to the retail arcade, and have the capacity to accommodate up to an estimated 1000 office staff.
"It will also be fully integrated with the surrounding retail amenity, delivering a mix of speciality retail and food stores to cater to the growing population of CBD workers."
Ipswich City Properties chairman Paul Tully said Icon Ipswich Tower II was a significant piece of infrastructure in the Icon Ipswich master plan, and it would "deliver additional jobs, investment confidence and economic growth to the region."