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Built By Locals, For Locals: Inside Newstead’s Latest Residential Development

feels like home

By Kate Spence | 19th August 2026

There’s a kind of Brisbane suburb that doesn’t announce its arrival so much as quietly confirm it – a place where the coffee improved long before anyone took notice, and where residential developments made way for something more carefully considered. Newstead has been that suburb for quite some time, with its newest drawcard found on Maud Street.

Enter Maude – BPG Developments’ largest endeavour to date, and arguably its most personal. Rising 15 storeys at 16-22 Maud Street with an estimated end value of $250 million, Maude isn’t just adding density to one of Brisbane’s most in-demand inner city pockets. Instead, it’s making way for considered, owner-occupied living, built by two developers who grew up in the neighbourhood they’re now shaping.

The numbers behind Maude

Maude is set to deliver 103 luxury residences to the inner-city pocket, built across a 2,430 square metre supersite, pieced together from three separate titles – a warehouse, an electrical wholesaler and an industrial shed. An array of two- and three-bedroom homes will be available to the public, with a ground-floor retail tenancy anchoring the building back to Newstead’s bustling street life. Penthouse suites crown Level 15 and are designed to deliver an exceptional sense of scale and exclusivity to the residence.

And then there’s the rooftop – 1,380 square metres dedicated to slowing down… some could say Newstead’s mantra. Think a lavish magnesium lap pool, sauna, steam room, a fully equipped gym and yoga deck, a fire pit, and a sunset lounge as a start. And if you’re willing, a cold plunge pool – the best and chilliest way to start each morning. BPG has ultimately rebranded traditional amenities to wellness retreats that just so happen to sit above your living quarters.

Maude Development

Built by the founders who grew up there

For BPG Developments’ co-founders, Nick Parr and Glen Williams, Maude isn’t just their largest project – it’s their most grounded. Both founders have happily spent the majority of their lives in Brisbane’s inner North, with Parr having grown up just up the road in Teneriffe.

“This project feels like a coming home of sorts for Glen and me,” Parr says, pointing to the site’s rare opportunity to deliver a timeless project in Brisbane’s most popular suburb.

And it’s BPG’s local ties that shape their approach more broadly. As a family-run, boutique developer with a portfolio pushing $500 million across Brisbane and the Gold Coast, BPG’s projects are carefully considered. Simply put, the founding duo are motivated to foster a “lasting legacy” in their designs, and not just another tower within Brisbane’s river loop.

Maude Development

Designed to belong

Maude was designed in collaboration with renowned design firm, Plus Studio, and it shows. A curvilinear façade wrapped in intricate screening brickwork gives the building an edgy softness, rarely seen at this scale. Paired with landscaping set to cascade down through each level, and you’ve got yourself a leafy green oasis that responds to Brisbane’s subtropical and modern lifestyle. Inside, the brief was less about spectacle and more about easy living – flexible floorplates, generous storage, and interiors built for longevity rather than short-term turnover.

BPG’s approach is a formula the local market has been waiting for. Maude’s offering of two- and three-bedroom homes aligns with Newstead’s demand for liveable and flexible spaces. Built around the people who’ll actually live in it, BPG ensures future success, adding to a neighbourhood already so rich in character.

Maude Development

Why Newstead?

Maude’s arrival lines up with a broader shift already underway in Newstead. Positioned moments from the Brisbane River and Newstead Park, and only a stroll from James Street, Gasworks, Teneriffe, and New Farm, Maude offers the kind of everyday access that turns a suburb into a complete lifestyle.

With BPG set to launch the project this August, Newstead’s reputation as one of Brisbane’s most serious development portfolios is set to grow. As Brisbane continues to evolve, projects like Maude reflect a growing appreciation for places that offer more than somewhere to live. They offer a sense of belonging, where thoughtful design, community, and everyday rituals come together to create a place people are proud to call home. For more information on the property or to make an enquiry, visit here.

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