Development

Mirvac's The Eastbourne is the latest luxury feather in the developer's cap

Urban.com.au was on hand yesterday to witness the topping out ceremony for Mirvac's The Eastbourne apartment development. The mid-rise development replaces the former Dallas Brooks Hall complex, and has been developed in cooperation with Freemasons Victoria. In conjunction with The Eastbourne reaching structural completion, Mirvac announced the final of The Eastbourne's 245 apartments have been sold. Initial demand for the project saw $300...

Cedar Woods Sells Third Williams Landing Office Building

Urban.com.au has previously highlighted the ongoing development underway at Cedar Woods' Williams Landing development, particularly more recently with respect to further commercial buildings in the pipeline. So it comes as no surprise to learn that Cedar Woods has signed an agreement to sell a third office building - 107 Overton Road - to Hellenic Property Investments Pty Ltd for $25.93 million. The terms of the sale, which represents a yield of...

Tallawong Station Precinct South destined for intensive urban renewal

The new Tallawong Metro Station will be the catalyst for intensive urban renewal immediately to the station's south. NSW Government development agency Landcom will oversee the staged development which aims to capitalise upon the new station. Tallawong Metro Station is situated between the rapidly growing municipalities of Blacktown City Council and The Hills Shire Council, and site at the southeastern edge of the Northwest Growth Centre...

Docklands Development Update July 2018

The Docklands development machine continues to roll on with a significant number of projects having either commenced or are due to commence this year. Today's article will predominantly focus on the northern precincts including District Docklands (formerly Waterfront City/Harbour Town), New Quay, and Digital Harbour. Quest / Elm & Stone, NewQuay Elm & Stone has topped out. Image: Urban.com.au forum member redden The cores of the dual...

Resentment remains as GURNER gains approval for Queens Parade

26-56 Queens Parade has found planning resolution, with developer GURNER gaining approval via VCAT for the site which still remains steeped in controversy. The success at VCAT comes after a marathon planning stint, seeing local discontent, intervention from Victorian Planning Minister Richard Wynne and ultimately VCAT deciding call. The Fitzroy North site can now progress to redevelopment for the purposes of 263 dwellings over the sprawling site...

Sky garages? Not pie in the sky thinking for Growland's Neue Grand development

Developer Growland's latest residential offering, Neue Grand, is setting its sights on the sky but not in the way that you would expect. According to Growland, the 20-storey building, to be built on St Kilda Road, aims to provide Melbourne's elite buyers with 'cutting-edge technology', allowing them to fulfill their dreams of living like James Bond. The development will feature what Growland claims to be an Australian first in the form of ‘sky...

Capital Alliance and Marriott International tie the knot in Fishermand Bend

The working relationship between Capital Alliance and Marriott International Inc. has deepened with the hotel operator confirming a new presence in Fishermand Bend. The duo will work together to introduce the AC Hotels by Marriott brand to Australia within a slim tower slated for 199-201 Normanby Road. Today's announcement follows on from Marriott International also penning with Capital Alliance for their forthcoming Waterfront Way mixed-use...

Braybrook and Maidstone step into the development spotlight

Townhouses are leading the charge in Melbourne's west in terms of what is currently being offered to buyers, with two major projects notching significant development milestones. Stockland is set to move the first stage of its Orion at Braybrook townhouse precinct to construction, appointing Glenvill Projects as head contractor. Orion at Braybrook is Stockland’s largest stand-alone medium density project in Australia, incorporating a hefty 422...

Hotels hotels hotels, why so many new hotels?

In the era of Airbnb - and its relatively light regulation - you could be forgiven for thinking there mightn't be a need for so many new hotels however investors appear to be unperturbed by the room-and-whole-property-sharing platform and others like it. Just this week we've had three hotel reports. It was announced yesterday that the Westin brand will head into Adelaide's GPO development , Little Collins Street in Melbourne could see another...

Introducing the Assemble Model: A new pathway to apartment buying and ownership

In response to escalating property prices and a lack of quality housing options, Make Ventures (MAKE) and Assemble have partnered to launch the Assemble Model, which aims to offer stability on rent, certainty on price, financial coaching and community services to support residents on their path to home ownership The proponents argue that the conventional off-the-plan development model is largely failing to address people’s expectations of...

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