Construction Delays
The development was approved in early December 2006, and on-site construction of the tower commenced in September 2007. The development was due for completion in late 2009 to early 2010. Due to funding issues, and the 2008 global finanical crisis, the completion of the tower has been put on hold. It is expected that the car park will not be completed until the owners decide whether or not to proceed with the building in its current form, or to begin building in stages as part of the original design.
Brisbane city Vision Tower project site sold. The site has been bought by Bilbergia who plan to construct a similar building to the original. Following the January 2011 flood in Brisbane, the abandoned seven level hole filled with floodwater, prompting the Brisbane City Council to make inspections. On May 18 two new 297-metre (974 ft) & 160-metre (520 ft) skyscrapers were proposed for the site by the Bilbergia Group and were approved in November 2011.
Read more about this topic: Vision Brisbane
Famous quotes containing the words construction and/or delays:
“No construction stiff working overtime takes more stress and straining than we did just to stay high.”
—Gus Van Sant, U.S. screenwriter and director, and Dan Yost. Bob Hughes (Matt Dillon)
“What should concern Massachusetts is not the Nebraska Bill, nor the Fugitive Slave Bill, but her own slaveholding and servility. Let the State dissolve her union with the slaveholder.... Let each inhabitant of the State dissolve his union with her, as long as she delays to do her duty.”
—Henry David Thoreau (1817–1862)