Leighton and ICP Lodge Plans to Build $95 Million, Part of Ipswich City Heart

LEIGHTON Properties with Ipswich City Properties have lodged plans to build an office building within the $1 billion Ipswich City Heart development (proposal image, right).

It is proposing a nine-level tower with about 18,000 square metres of A-grade space. According to the AFR the state government is finalising a 15,000 square metre lease within the building, expected to house 1200 state public servants.

Ipswich lord mayor Paul Pisale said the proposal proves Ipswich is becoming  a CBD in its own right.

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Lend Lease to Build First Stage of $129 Million Ipswich Hospital Expansion

SYDNEY based property giant Lend Lease has been appointed as the managing contractor for the first stage of the Ipswich Hospital expansion. The Queensland government made the announcement regarding the $128.7 million project last week.

The project includes a two level extension of the existing Clinical Services Building (CSB), the Emergency Department and refurbishing works to the Out Patients Building.

Below is a copy of a statement posted on Lend Lease’s website regarding the contract.

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The Reject Shop and API Have Major Ipswich Distribution Centres Flooded

THE Reject Shop and Australian Pharmaceutical Industries have been forced to close major Queensland distribution centres, because flood waters have engulfed their facilities.

The Reject Shop put a trading halt on its shares earlier this week, saying it needed a couple of days to assess damage at its six-month old Ipswich distribution centre.

The $16 million warehouse distributes to 90 of The Reject Shops 211 stores, nationally. When it opened last year, managing director described the complex as the “cornerstone” of that group’s investment in Queensland.

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Stockland Pays $48.7 Million For South East Queensland Residential Development Sites

STOCKLAND has paid $48.7 million for residential development sites in south-east Queensland.

In an announcement to the Australian Stock Exchange, the Sydney-based developer and fund manager said the properties are about six kilometres south of the Ipswich CBD and 36 kilometres south-east of Queensland capital Brisbane.

Stockland said it looks forward to working with council to deliver value for money homes that cater for a variety of budgets.

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Pauline Hanson’s Outgoing Serendipity Estate, Coleyville, Expected to Sell For $1 Million

Pauline HansonFORMER politician Pauline Hanson will sell her country estate in south-east Queensland, ahead of a move to Britain.

The Coleyville home, Serendipity, is set on 147 acres and is about a 20 minute drive from Ipswich. The home is expected to sell for about $1 million, according to real estate agent Keith Edwards.

In the shape of a Y, the timber and brick home includes eight foot wide verandahs and raked cypress pine ceilings.

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