Newcastle's skyline flourishes with multiple towers in the works
Newcastle's development momentum continues to roll along as evidenced by the latest tower to reach planning.
Core Project Group is looking to capitalise on the city's development surge by backing the new office building at 723-733 Hunter Street. It forms the last piece of developable land across the former 'Newcastle City Holden' site which has seen childcare, hotel (Holiday Inn Express) and retirement (RSL LifeCare) uses added.
EJE Architecture's latest design iteration for the 14-storey office building hit planning in the last week of May, with the public now able to provide their input over the coming weeks.
Another development falling within Newcastle's West End Precinct, the $44 million proposal is sited across 3,909 square metres of land.
Included within the tower is 10,790 square metres of net-lettable floor area, with the bulk located within the upper seven levels. Retails at ground level accounts for 329 square metres, with subsequent podium levels accommodating 233 vehicles and 68 bicycles.
Atop the tower is an expansive rooftop terrace and activation area.
The office levels features a double-glazed facade which according to EJE Architecture "will incorporate other features such as lux sensored lighting, water harvesting and re-use, photovoltaic power generation for house power, naturally lit foyers and at level a/c systems to minimise pipe runs."
723-733 Hunter Street is but the latest development earmarked for the already burgeoning Newcastle city centre which is seeking an increasing amount of development activity.
Apartments have proven popular in the seaside city, with strong consumer uptake over a swag of recent and current apartment developments.
North Sydney-based Thirdi Group has a vested interest in the area, recently launching West End Newcastle. It consists of dual residential towers dubbed Eaton on Union and Stella on Hannell, and will ultimately see a $100 million complex built.
Canberra-based Doma Group is also heavily vested in Newcastle with a string of projects in play. Works recently commenced on the developer's 154 apartment Lume project on Honeysuckle Drive, whilst a trio of additional projects incorporating hundreds of new apartments are at various stages of development.
Another noteworthy development is Iris Capital's mixed use East End precinct on Hunter Street. It involves a four-stage development that is expected to add hundreds of new apartments in buildings ranging from 10 to 11 storeys.
In and among the many other residential projects planned, the University of Newcastle is close to lodging plans for a seven-building development on a major vacant land plot adjacent to the Hunter River.