New tower planned for Brisbane's CBD gateway

By Cameron Atfield
Updated October 3 2014 - 12:13pm, first published 12:00am
Consolidated Properties has unveiled its $200 million Queen Street residential tower. Photo: Supplied
Consolidated Properties has unveiled its $200 million Queen Street residential tower. Photo: Supplied
The old Paramount Pictures building on Ann Street has been bulldozed. Photo: Supplied
The old Paramount Pictures building on Ann Street has been bulldozed. Photo: Supplied

Brisbane's soaring office vacancy rates have claimed a major victim, with an approved 17-storey office tower scrapped in preference of a 39-level apartment building at the northern entry point to the CBD.