Aldi has become the second major commercial tenant to sign up at the Coorparoo Square development. The German discount supermarket giant will join arthouse cinema chain Dendy as an anchor tenant at the central Coorparoo residential project.

Work is well underway at the site, with the old Myer building now completely demolished, allowing locals a glimpse at the spectacular city views on offer. Earlier this year the heritage listed Myer sign was removed by crane and developers are reportedly in talks with Myer to find a new home for the icon.

Once completed in 2017, the site will house a mix of apartments and commercial premises at an estimated cost of around $232 million. Future plans by the state government include further public transport facilities with space for a new Eastern Busway allocated to run underneath the 1.2ha development.

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