It’s not over yet, North Lakes has more development projects on the way! The developers of Fortitude Valley’s popular “James Street” have a new project coming for North Lakes. The $250 million development will utilise the current vacant lot that sits between Westfield and the library. This new part of North Lakes will be known as “Laguna North Lakes”.
“Laguna will be a welcome addition to the North Lakes success story, and will provide the already bustling CBD with a unique entertainment and lifestyle precinct sure to attract people from all over,” said Moreton Bay Regional Council Mayor Allan Sutherland.
Attracted by one of Australia’s fastest growing urban areas, The George Group’s Patrick George said North Lakes was a sensible choice for their next venture.
“We are heartened by the success of our well known precincts, James Street and Brickworks, and see North Lakes as a great opportunity to do something unique for this community,” Mr George said.
“Through Laguna, we want to create a fresh and exciting oasis in the heart of the North Lakes CBD where people can gather, relax, and enjoy a range of offerings including retail, hospitality, fitness and lifestyle all in one contemporary designed precinct”.
Construction begins third quarter 2017 and will be complete late 2019/early 2020.
Source : The Courier Mail