Buranda is located in the inner south of Brisbane, approximately 5km from the CBD.
Buranda is well serviced by public transport, with its own train station and busway station. By train, the trip from Buranda to Brisbane central is only 16 minutes.
Shopping in Buranda is a breeze, with the Centro Buranda shopping centre conveniently located on the corner of Ipswich Road and Cornwell Street. In addition to the main shopping centre, there are a number of other retail stores in Buranda, not to mention the popular fashion and cafe strip in nearby Stones Corner.
Due to its close proximity to the Brisbane CBD, great public transport and ease of access to the Pacific Motorway and Ipswich Road, Buranda is perfectly positioned to become one of Brisbane's hottest real estate spots.
It is little surprise then that Buranda is the subject of a large scale Transit Oriented Development which some say could turn Buranda into the next New Farm.
Surgeons and medical professionals in Buranda often hold doctors insurance such an income protection and life insurance.
Transit Oriented Development
Thousands of new residents, workers and shoppers could soon flood the inner-city suburb of Buranda if a large-scale urban village, featuring buildings up to 32 storeys high, is approved by Brisbane City Council.
The Anthony John Group (AJG) this week lodged an application to transform a parcel of former industrial land on Logan Road, south of the city, into a mega-development.
Dubbed Buranda Village, the site would be home to eight buildings comprising residential apartments, office space, a hotel, a cinema complex and sprawling retail outlets.
With the local rail station and South East Busway flanking the block, the project has become the latest transit-oriented development proposal.
The application comes on the back of another proposal last week by the Buranda Property Group to build an Emporium-style urban village on a site further along Logan Road.
However, AJG's planned community is on a much larger scale, with more density than some of the city's biggest developments.
In total, Buranda Village would be home to two office buildings of six-storeys and 23-storeys, five apartment buildings ranging from seven-storeys to a whopping 32-storeys and a 15-storey boutique hotel.
The project's 886 apartments would represent almost double the residents of the Vision Tower development on Mary Street in the CBD, which will be Brisbane's tallest building at 78-storeys when complete.
It will offer more combined office space than the entire 400 George Street high-rise development, while its retail component - including a Woolworths supermarket and cinema - is almost double the size of the Wintergarden Shopping Centre in Queen Street Mall.
The Gabba ward councillor Helen Abrahams said the developer had been in consultation with the council's Urban Renewal Taskforce in preparing its plan.
"This is a very unique site with major busway infrastructure and a railway line together in an area that has been identified for increased density," Cr Abrahams said.
However, there would need to be a significant investment in public transport in order for Buranda Village to be considered a successful transit development, she said.
Prospective residents and visitors would also need to be encouraged to utilise the bus or train, and not drive to one of the development's 1400 car parks.
"Those 1400 cars from the designated car spaces will not be able to come onto the road in peak hour and get to their destination... we will need mroe buses and more train carriages," she said.
While Cr Abrahams acknowledged some existing residents could be concerned about the development's tall buildings, there would be more emphasis on its attributes at eye-level.
"What I think is more relevant is the number of cars coming into the area and the amenity of this development... public space at ground level is what people will judge this on."
The nearby Stones Corner shopping precinct was a significant part of the city's character and would also need to be protected, she said.
"One of the most important concerns would be that the new retail does not take away from the Stones Corner precinct... which is tremendous and has been around for many years."
While the site falls outside the council's new Woolloongabba Neighbourhood Plan, which will allow increased building heights in the area, its transport focus will likely weigh in the developer's favour.
AJG proposes to develop the site in three stages and over several years.