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Sale of Beenleigh CBD site to investLogan

Published: 13 November 2018

Sale of Beenleigh CBD site to investLogan
York street concept

Logan City Council has agreed to the sale of two Council-owned properties at 96 and 98 York Street to investLogan, to build a multi-storey mixed-use development including office space.

InvestLogan is an independent investment company that is 100 per cent owned by Council.

It was established to invest in strategic projects in Logan that will not only deliver an investment return to the City, but will also act as a catalyst for further investment.

Council has also agreed to negotiate a lease for office space in the development in order to consolidate and update office accommodation for Council's Water Business staff.

City Planning and Economic Development chair, Councillor Russell Lutton, said the project would help reinvigorate the Beenleigh CBD.

“This will be the first multi-storey building built in Beenleigh in the past 10 years, and the quality will match anything else you’ll see in South-East Queensland,” Cr Lutton said.

Cr Lutton said the project would create jobs and have positive flow-on effects for local businesses.

“It will set a benchmark for mixed use buildings in the city, and one we think will help attract further investment in Beenleigh and Logan,” he said.

Councillor Jennie Breene said Council was excited to work with investLogan on the project as Beenleigh was ready for more high-quality office space that this project will deliver.

"The development builds on the $5 million committed by Council in the 2018/19 budget to fund 10 projects in the Beenleigh CBD following a community-led summit," Cr Breene said.

Those projects include investigating options for smart parking solutions in Beenleigh centre, including phone apps that show parking availability in real-time and digital signs that display the number of available parks at different locations.

Others include a targeted retail and business attraction strategy and works to provide shade, a big screen, free Wi-Fi and other measures to the Beenleigh Town Square.