$2.1b Waterfront Brisbane gains council approval but neighbours not happy $2.1b Waterfront Brisbane gains council approval but neighbours not happy Normal text size Advertisement Dexus has won council approval for its $2.1 billion transformation of Eagle Street Pier but neighbours are threatening legal action. Under the proposed Waterfront Brisbane redevelopment, the 30-year-old Eagle Street Pier buildings will be demolished and replaced with two 49- and 43-floor office towers on prime riverside land. A design render of the two-tower Waterfront Brisbane project. Credit:Dexus Waterfront Brisbane will also expand the riverwalk at the tower bases to a six-metre wide promenade, and create new dining and retail precincts.