Barana Group sees opportunity on Sydney's Kent Street

Barana Group sees opportunity on Sydney's Kent Street
Barana Group sees opportunity on Sydney's Kent Street

A fresh purpose is in store for a 1960's commercial building overlooking Sydney's Barangaroo precinct.

On the western periphery of Sydney's CBD, the Kent Street site was earmarked by Barana Group as suitable for redevelopment. The development outfit is attempting a second bite of the cherry with 189-197 Kent Street which the diversified property outfit acquired in December 2002.

After securing approval during 2014 to demolish the office block and deliver 146 apartments, Barana Group has once more taken the property to planning.

Just shy of $70 million, the newly submitted Stage 1 Development Application mirrors the initial application in that apartments are expected with an 80 metre tower. Francis-Jones Morehen Thorp were enlisted for Stage 1 design duties.

Barana Group sees opportunity on Sydney's Kent Street
Kent Street perspective. Image: fjmt

The new application effectively adheres to the earlier approved envelope, with the bulk of changes centred around meeting current Apartment Design Guideline expectations.

Although the current application doesn't seek approval for internal layouts or exterior finishes, the 80 metre envelope would allow for 144 apartments over 24 levels. The indicative apartment mix sees 5 studio, 52 single, 74 double and 13 triple bedroom apartments.

Dual street frontages frame the 1,195 square metre site that encompasses 4 basement levels. Dual retail tenancies totalling 217 square metres round out the design's main attributes.

Barana Group sees opportunity on Sydney's Kent Street
A view from Barangaroo. Image: fjmt

Barana Group's existing property portfolio is weighted toward commercial properties, although 189-197 Kent Street is not the only of the developer's stable that is earmarked for conversion.

Having overseen the reworking of Novotel St Kilda into an approved residential scheme, the scheme's sales campaign saw ended abruptly. Melbourne developer Gurner subsequently joined Barana Group as a project partner for the site, with the intent of demolishing existing buildings for the $550 million apartment development.

The project's approved 236 apartments are expected to be cut to approximately 130 high-end dwellings.

Mark Baljak

Mark Baljak

Mark Baljak was a co-founder of Urban.com.au. He passed away on Thursday 8th of November 2018 after a battle with cancer. He was 37. Mark was a keen traveller, having visited all six permanently-inhabited continents and had a love of craft beer. One of his biggest passions was observing the change that has occurred in Melbourne over the past two decades. In that time he built an enormous library of photos, all taken by him, which tracked the progress of construction on building sites from across metropolitan Melbourne.

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