Green light for $340m mixed-use tower set to reshape Brisbane's inner west

A major mixed-use development has cleared its final planning hurdles, with approval granted this week for a $340 million tower complex on a vacant industrial site in Dutton Park, just 2.5 kilometres west of the CBD.

The 28-storey project—comprising 385 apartments, 12,000 square metres of commercial space, and ground-level retail—represents one of the largest approvals in Brisbane's inner west since the Olympic infrastructure boost shifted focus beyond the traditional Southside corridors.

Situated on Vulture Street, the development will introduce approximately 650 residential units across studio, one-, two-, and three-bedroom layouts. Market analysts expect apartment prices to range from $420,000 to $1.8 million, positioning the project within reach of Brisbane's growing cohort of first-time buyers relocating from NSW and Victoria.

"The approval reflects confidence in Dutton Park as a serious residential and employment hub," says a spokesperson for the project's planning team. "The precinct has transformed dramatically over the past five years, with retail, hospitality, and creative industries anchoring what was once purely industrial land."

The development includes 380 on-site car parks, integrated public plazas, and pedestrian connections to the adjacent Southbank Parklands and Stories Bridge pathway network—infrastructure investments that align with Brisbane City Council's broader CBD expansion strategy.

The approval comes as inner-west suburbs continue to outpace broader market trends. Comparable precincts like Woolloongabba and West End have seen median unit values climb 18–24 per cent over the past two years, against the Queensland median of $780,000. Dutton Park's proximity to the South Brisbane Train Station and evolving food and arts scene has attracted significant interstate interest.

Construction is expected to commence in late 2027, with staged completion by 2030. The developer has committed to 5 per cent affordable housing allocation, meeting Brisbane's updated affordable housing framework requirements.

The approval also flags the State's continued focus on unlocking urban infill sites rather than sprawl—a policy position reinforced ahead of the 2032 Olympics. "Projects like this reduce pressure on greenfield development and activate underutilised urban corridors," the planning team added.

For investors and owner-occupiers eyeing the Southside market, the Dutton Park approval signals that inner-west precincts remain fertile ground for capital growth and rental yield, particularly as interstate migration from Sydney and Melbourne shows no signs of abating.

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