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Property developer Lend Lease Group (ASX:LLC) is set to launch The Yards in Brisbane this weekend.
The first 208 apartments of its newest residential offering on King Street are expected to be released for sale this Saturday 27 September.The Yards includes 401 residences and 11 terraces and forms part of the $2.9 billion Brisbane Showgrounds regeneration project.
Stage two of the regeneration project was launched this week and includes construction of the King Street precinct, a hotel, retail and food outlets and more than 400 new residences.The Yards is expected to start construction mid 2015 and slated for completion in early 2017.
Lend Lease Group lifted its annual net profit to $823 million in the full 2014 financial year.
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