Festival Towers is a group of apartment buildings located in Brisbane, Australia and is situated on the corner of Albert and Charlotte Streets. The tower boasts a modern green facade with a vivid architectural stance.
Festival Tower consists of 41 floors of 401 apartments ranging from one to three bedrooms. The tower also contains a podium level for residents and guests equipped with a pool, a spa, lawn and a dining area. The cost of construction was $162 million and the ground floor retail space was valued at $7.8 million.
The building has been popular with apartments selling quickly. The tower stands on the site where Brisbane Festival Hall once stood, as the foyers artwork pays homage too; with paintings of artists that played there such as The Beatles and Led Zeppelin.
In 2007, under the managements of The Oaks Group, the majority of rental leases were converted to short-term accommodation stays, effectively forcing out hundreds of residents and converting the building into a hotel.