A $153 million apartment project in Newstead is about to be built at 12 Kyabra Street, on the site of a former factory and later a boxing gym that burnt down in 2019.
Crest & Walker by national developers Fortis will be a 20-storey tower with 65 residences starting at $1.8 million.
Binah has been appointed as builder, with architecture and interior design by Bureau Proberts, and landscaping by Arcadia.
Fortis General Manager – Development, Queensland Dan Boman said the continued expansion in Brisbane projects managed by Fortis reflected the company’s commitment to design-led development and thoughtful placemaking.
“Every Fortis project is shaped by its context…. Our focus is always on creating places that feel connected to their neighbourhood and elevate the everyday experience for residents,” Mr Bowman said in a statement.
“Newstead continues to evolve as one of Brisbane’s most sought-after urban communities, and Crest & Walker reflects our ambition to contribute meaningfully to that story.
“It will attract a discerning buyer who values design, thoughtful amenity and a lifestyle that captures the best of contemporary Brisbane.”
The project marks the fourth active development to be delivered by Fortis in Brisbane, following River House at Kangaroo Point, now nearing completion; a residential project in New Farm; and a mixed-use development in Racecourse Road, Hamilton.
Crest & Walker will be positioned behind the Triffid music venue and between Gasworks and James Street.
The design features a contemporary brick podium, softened with vertical greenery.
Residences will include two-bedroom, two-bathroom layouts with a single car space, The upper levels will offer three-bedrooms and three-bathrooms with two car spaces and city-skyline views.
A communal rooftop will feature a sun lounge and pool, BBQ facilities and a sauna set against panoramic views across Newstead and the Brisbane CBD.
Sales by agent Slaite Projects are scheduled to launch in May 2026.
