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Graya’s St Lucia Tower Pivot Signals New Feasibility Playbook for SEQ

The Urban Developer •
October 27, 2026 • 04:30 AM
• By Phil Bartsch
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Two months after winning approval, the River City tower has been refiled—planning documents expose the pressures driving it…

Graya’s St Lucia Tower Pivot Signals New Feasibility Playbook for SEQ

Luxury builder-developer Graya has filed revised plans for its landmark $150-million tower on the Brisbane riverfront, signalling a broader structural shift across South-East Queensland’s development landscape.

It is a bellwether of growing feasibility friction—even in the sector’s ultra-luxury segment—as the region’s infrastructure megaprojects and private development pipeline compete for resources ahead of the 2032 Olympics.

The change application comes just two months after the original plans for the project dubbed Silk were granted approval for the city’s affluent inner-west suburb of St Lucia.

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