The ASX-listed Perth developer Finbar Group are set to redevelop the old heritage-listed former Chemistry Centre on the fringe of Queens Park in East Perth.

The $154 million plans, drawn up by architecture firm S S Chang Architects, see the current heritage-listed building at 101 Hay Street, which dates back to 1942, incorporated in the design, acting as a base for a 27-level tower.

Given the vast 5,335&nbsp;sqm site, Finbar are also building another 38-level tower alongside. Combined the development will have 331 apartments.&nbsp;

The development plans pay homage to the heritage by retaining the Material Sciences building and a hexagonal design feature that also provides shade to apartments. The former Chemistry Centre will home 550 sqm worth of restaurant or cafes. There will be a further&nbsp;eight spaces slated for restaurant or cafe use, three personal service spaces and a shop, activating the 1,300 sqm of street level commercial space.

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Finbar,&nbsp;alongside Singaporean developer&nbsp;Ventrade bought the 5,335 sqm site from the state government for $16 million.

In 2015&nbsp;the local developer Diploma Properties Pty Ltd was chosen as the preferred developer to transform the former Chemistry Centre site, with over&nbsp;200 apartments, dining venues and shops planned. That would have been a 16-level apartment tower with rooftop sky gardens.

The heritage component would have turned in to a laneway-style eat street.

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Finbar and Ventrade&#39;s plans will see a shared podium on level seven.

There&#39;s a clear intent to create a work-from home space following the border restrictions and reduced appetite to return to the office.

The development will have a business lounge with consult room, board room,&nbsp;and over 10 study pods.

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Resident amenity will feature a landscaped deck, cinema, resident dining and bar, virtual golf simulator, meditation&nbsp;yoga room, a child play centre, activity games room, and two swimming pools.

The taller tour will also have a rooftop sky bar and gym.

Summary by the strategic planning, urban design firm Element Advisory

The proposed development presents an exciting opportunity to deliver a contemporary redevelopment of the subject site that accords with DWA&rsquo;s established vision for the area through the provision of:

&bull; A well designed, sustainable development that offers an outstanding level of amenity to residents and visitors, and respects and celebrates the cultural heritage significance of the subject site;

&bull; An activated, human scaled edge, through a suitably screened podium with slender residential towers above;

&bull; Extensive landscaping and pedestrian zones at the ground floor level, offering a high level of amenity for pedestrians and designed to celebrate the cultural heritage significance of the subject site;

&bull; A density and diversity of land use that will contribute to the critical mass of people required to activate the subject site and surrounds; and

&bull; Increased housing choice in the locality, complemented by a range of ground floor commercial tenancies that will offer employment and leisure options for a diverse range of people

Given the vast 5,335 sqm site, Finbar are also building another 38-level tower alongside. Combined the development will have 331 apartments

S S James Architects

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