IFM lodges Regent Lane plan with 290 apartments in Brisbane CBD
IFM Investors has lodged plans for Regent Lane at 150 Elizabeth Street, a CBD precinct with 290 apartments, a 240-room hotel and a public garden, keeping the heritage Regent facade.
Image: Kgbo / Wikimedia Commons (CC BY-SA 4.0)
IFM Investors has lodged plans for Regent Lane at 150 Elizabeth Street, a CBD precinct with 290 apartments, a 240-room hotel and a public garden, keeping the heritage Regent facade.
- Development application lodged with Brisbane City Council on 30 September 2026
- 290 apartments on levels 18 to 49 of the residential and hotel tower
- 240-room hotel on levels 6 to 15; no operator named
- Regent building's Queen Street facade, entrance hall and grand foyer to be retained
- Plan includes a public Level 5 garden of about 2,275 m²; not yet approved
What's happening
IFM Investors has lodged a development application for Regent Lane, a mixed-use precinct on a 7,260 m² site between Queen Street Mall and Elizabeth Street in the Brisbane CBD. The plan pairs a residential and hotel tower with a commercial tower over a shared podium.
The proposal would add 290 apartments to the city centre while keeping the most valued parts of the Regent, the former picture palace that opened in 1929. Its Queen Street facade, entrance hall and grand foyer would be retained, with detailed heritage connections addressed in a later application.
The key details
Woods Bagot is the architect and LatStudios the landscape architect. The application was lodged by IFM Real Estate Fiduciary Pty Ltd.
- Apartments: 290 (154 two-bedroom, 132 three-bedroom, 4 four-bedroom)
- Hotel: 240 rooms across levels 6 to 15
- Commercial floor area: 24,607 m²; retail: 7,384 m²
- Public garden: about 2,275 m² of landscaped outdoor space on Level 5
- Parking: 458 car spaces
Timeline and next steps
The application was lodged with Brisbane City Council on 30 September 2026 and has not yet been approved. No construction start or completion date has been announced, and the project value has not been disclosed.
If approved, delivery is proposed in three stages: the podium first, then the commercial tower, then the hotel and residential tower.
Woods Bagot describes a "continuous, gently sloping pathway" linking the Queen Street Mall and Elizabeth Street through the site. Brisbane City Council will now assess the application, and the design, height and mix of uses may change before any decision is made.
What it means for Gold Coast property owners and developers
Large institutional investors committing to CBD residential is a positive signal for South East Queensland housing supply, with the plan weighted to two and three-bedroom homes suited to owner-occupiers. More inner-city stock can also take some pressure off demand that spills into surrounding markets.
For Gold Coast developers, the scheme shows how heritage assets and mixed uses can be combined to unlock sites. Owners should remember lodged plans can change through assessment, and approvals do not guarantee delivery. This is general information, not financial advice.
Frequently asked questions
Where is the Regent Lane precinct?
It is at 150 Elizabeth Street, on a site running between Queen Street Mall and Elizabeth Street in the Brisbane CBD.
Is the Regent Lane development approved?
Not yet. IFM lodged the application with Brisbane City Council on 30 September 2026.
Will the heritage Regent building be kept?
The plan retains the Regent's Queen Street facade, entrance hall and grand foyer.
Source: Brisbane Development, published 2 October 2026. This article is an independent summary and commentary by GC Prestige based on the original report — read the source for full details.
Brisbane Development
Read the original article →This is an independent summary written by GC Prestige for general information. All facts are attributed to the original publisher above — please refer to the source for full details. Not financial or planning advice.
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