On the <a href="/developments/gold-coast-qld">Gold Coast</a>, it's never been more important to show prospective buyers you've started construction.

It's the biggest confidence booster for buyers, and in the same instance a marketing tool for agents and developers. Construction commencement has always been important in the off the plan industry, but never more so than now, in the face of one of the most challenging construction periods the market has seen.

While impacting the whole of the country, the construction challenges have been most apparent in South East Queensland, where the majority of the tier one builders are taking government-funded construction contracts for infrastructure projects before the 2032 Brisbane Olympics.

That's left builders few and far between.

The demand v supply from a labour stand point is seeing subcontractors and trades push their prices up too, another developer headache. Add to that increased cost of materials versus a few years ago, and you've got a perfect storm.

Developers who build their own projects have rode through the storm more unscathed than others, while a number of developers are now starting to bring construction in house. Some are leaning on a joint venture partnership with a construction firm to get the project out of the ground.

There's been some significant construction commencements on the <a href="/developments/gold-coast-qld">Gold Coast</a> in recent months, bringing a much needed 860 apartments to an undersupplied market still in vogue for both locals and interstate buyers.

<h3>Project: Tapestry</h3>

<h3>Location: Chevron Island</h3>

<h3>Developer: SIERA</h3>

Burgeoning developer <a href="/developers/siera">SIERA</a> were one developer to bring construction in house to start the build of their arts-focused <a href="/new-apartments/chevron-island-qld-4217">Chevron Island apartment development</a>, <a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">Tapestry</a>.

The $135 million project on Darrambal Street is SIERA's first on the Gold Coast, after a long history of developing townhouses in Brisbane.&nbsp;

[smartcode_project:default project_id=108641 project_image_fid=205167]

SIERA Founder and Managing Director Brent Thompson spent 12 months analyzing the market in the <a href="/developments/gold-coast-qld">Gold Coast</a> before snapping up the prime 1,518 sqm <a href="/new-apartments/chevron-island-qld-4217">Chevron Island</a> site, and brought in local architecture firm BDA with the brief to merge art with architecture and to pay homage to Chevron Island's Home of The Arts precinct.

Read more:&nbsp;<a href="/news/qld/why-siera-group-chose-chevron-island-for-tapestry">Why Siera Group chose Chevron Island for Tapestry</a>

The result is a <a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">22-storey tower with 113 apartments</a> and one of the most impressive rooftop amenity levels on the Gold Coast. It features a&nbsp;private dining space and kitchen, lounge and fire pit, yoga lawn, pool, spa and sundeck, barbecue and alfresco area, gym, sauna, steam room, and a lounge area separated by extensive landscaping.

Read more:&nbsp;<a href="/news/qld/is-this-the-best-rooftop-amenity-in-surfers-paradise">Is this the best rooftop amenity in Surfers Paradise?</a>

[smartcode_project:default project_id=108641 project_image_fid=192964]

The remaining apartments for sale at <a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">Tapestry</a> start from $939,900.

<h3>Project: Pipis</h3>

<h3>Location: 303 Golden Four Drive, Bilinga QLD 4225</h3>

<h3>Developer: SIERA</h3>

<a href="/developers/siera">SIERA</a> were too busy on the beachfront, turning the sod on their <a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">Bilinga Beach project, Pipis</a>.

The luxury development on Golden Four Drive comprises just 19 apartments. They've appointed LPS Group to build <a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">Pipis</a>, given they're already underway internally at <a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">Tapestry</a>.

Read more:&nbsp;<a href="/news/qld/siera-property-group-kick-off-construction-at-pipis-bilinga">Siera Property Group kick off construction at Pipis Bilinga</a>

[smartcode_project:default project_id=138311 project_image_fid=217334]

The mid-rise building includes 17 half-floor apartments and two double-storey penthouses, with prices starting from $3.6 million.

Designed by Ellivo architects, the generous 279 sqm plus apartments have three bedrooms, each with an ensuite. The apartments get slightly bigger, up to 314 sqm, before the double-storey penthouses which have four bedrooms and 446 sqm of living space.

[smartcode_project:default project_id=138311 project_image_fid=217333]

<a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">Pipis</a>, with its absolute beachfront access and excellent connectivity to the Gold Coast, has predominantly drawn the downsizing owner-occupier from the local area, Brisbane, and Sydney.

Read more:&nbsp;<a href="/news/qld/an-opportunity-not-to-be-missed-why-siera-property-group-couldnt-say-no-to-pipis-bilinga">"An opportunity not to be missed" Why Siera Property Group couldn't say no to Pipis Bilinga</a>

Positioned in the exclusive pocket of <a href="/new-apartments/bilinga-qld-4225">Bilinga</a> on the Southern Gold Coast, <a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">Pipis</a> benefits from its proximity to the evolving Golden Four Drive strip and the developing Kirra Point to the south.

[smartcode_project:default project_id=138311 project_image_fid=217335]

"When the opportunity to purchase&nbsp;<a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">303 Golden Four Drive</a>&nbsp;was presented to us, we couldn't miss the opportunity to take such a special piece of land and design truly unique residences," Thompson says.

Construction completion is slated for mid-2025.

<h3>Project: Victoria &amp; Albert</h3>

<h3>Location: Broadbeach</h3>

<h3>Developer: Iris Capital</h3>

Developer <a href="/developers/iris-capital">Iris Capital</a> has too joined the growing trend of developers taking construction in-house.

CF Group initially handled the early construction works of their landmark precinct <a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">Victoria &amp; Albert</a>, namely the excavation of the prime Niecon Plaza site in the heart of Broadbeach. But now the Sam Arnaout-led developer has announced its construction arm, Iris Built, will handle the next stage of the build.

Iris Built has assembled a proficient Tier 1 construction team with extensive experience in major projects, emphasizing their commitment to the successful delivery of V&amp;A.

[smartcode_project:default project_id=107928 project_image_fid=234091]

The Iris Built team will collaborate closely with Eastview Australia, a proficient project management firm with a track record of delivering major high-rise developments on the Gold Coast for over two decades.

Designed by DBI, <a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">V&amp;A</a> comprises two residential towers: Victoria Residences and Albert Residences.

Victoria Residences offers carefully crafted one and two-bedroom apartments with spacious indoor and outdoor living areas.

[smartcode_project:default project_id=107928 project_image_fid=234102]

Meanwhile, the second tower, Albert Residences, offers luxurious, home-sized residences starting at $1.99 million with panoramic views of the Gold Coast's natural landscape.

V&amp;A will feature a 25-metre lap pool with an outdoor dining and barbecue area, a spa and steam room, a Zen garden, a yoga deck, a boutique resident's lounge, and a kid's club area with a playground, all surrounded by sub-tropical gardens.

[smartcode_project:default project_id=107928 project_image_fid=234095]

The project also includes a resident's sky lounge on the top level of Victoria Residences, complete with luxury dining, lounge, wellness, and work zones, providing breathtaking views of the ocean and city skyline.

<h3>Project: Cascade</h3>

<h3>Location: Robina</h3>

<h3>Developer: Andrews Projects</h3>

Family-owned <a href="/developers/andrews">Andrews Projects</a> has commenced construction on <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a>, its largest venture to date.

They've too <a href="/news/qld/andrews-projects-bring-construction-in-house-and-start-cascade-robina-build">brought construction in house</a>, creating "A Construct."

Upon completion, the $270 million twin-tower apartment development in <a href="/new-apartments/robina-qld-4226">Robina</a> will home around 1,000 residents across 229 two and three-bedroom apartments and villas, the majority of which will offer panoramic views of the Surfers Paradise skyline and Gold Coast Hinterland.

Priced from $850,000, <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a> is poised to deliver significant economic stimulus to the <a href="/new-apartments/robina-qld-4226">Robina area</a>, aligning with the State Government's vision for the Olympic Satellite Village in the vicinity.

[smartcode_project:default project_id=135618 project_image_fid=210936]

Residents will enjoy access to a suite of six-star amenities, including a 25m resort pool, a 170 sqm gym, a sauna, a cold plunge, and a steam room.

The project is over 60 per cent as construction commences.

<h3>Project: Orama</h3>

<h3>Location: Chevron Island</h3>

<h3>Developer: Aniko</h3>

The George Mastrocostas-led <a href="/developers/aniko-group">Aniko Group</a> is gearing up to commence construction on its next venture, the $150 million <a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a>&nbsp;at <a href="/new-apartments/chevron-island-qld-4217">Chevron Island</a>.

Once complete, <a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a> will feature 102 apartments, offering two-bedroom units ranging from $995,000 to $1.45 million and a variety of three-bedroom skyhomes starting at $1,995,000.

<a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a> residents will have access to a 550 sqm rooftop recreation area, inclusive of a gymnasium, pool, spa, residents lounge, and an array of other amenities.

[smartcode_project:default project_id=111898 project_image_fid=240587]

The project is strategically targeting local downsizers and interstate migrants and is progressing towards a successful sellout.

Mastrocostas revealed that the project has already achieved almost $100 million in unconditional sales since its market launch earlier this year.

Construction is <a href="/news/qld/aniko-to-kick-off-construction-of-chevron-island-apartment-development-orama">set to commence in November</a> and is expected to take approximately 18 months, with completion scheduled for early 2025. <a href="/developers/aniko-group">Aniko</a> has been a builder developer for a number of years.

Builder developers have rode through the storm more unscathed than others, while a number of developers are now starting to bring construction in house

Joel Robinson

How important is construction commencement? Five Gold Coast apartment developments which started construction in Q4 2023

Australia's premier developers and projects were recognised in 42 different categories at the PropertyGuru Asia Property Awards, held at the Grand Hyatt Melbourne—marking the inauguration of the prestigious event in Australia.&nbsp;

Luxury developer&nbsp;<a href="/developers/aqualand-australia">Aqualand</a> secured a remarkable 13 wins, cementing its position as the most-awarded developer of the night. They claimed the Best Developer title for the first time, along with the Best Luxury Developer and Best Mixed-Use Developer titles.

The $1 billion mixed-use project <a href="/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a>&nbsp;in <a href="/new-apartments/north-sydney-nsw">North Sydney</a> stood out as the most awarded project, receiving three development awards, including the Best Mixed-Use Development title, as well as three design awards for its architecture and interior design.

[smartcode_project:default project_id=30959 project_image_fid=202657]

<a href="/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a> will be North Sydney's pioneering new development, offering some of the most high-end apartments in the suburb designed by Woods Bagot and Richards Stanisich.&nbsp;

Read more:&nbsp;<a href="/news/nsw/how-aura-by-aqualand-adds-a-new-jewel-in-north-sydney-s-crown">How AURA by Aqualand adds a new jewel in North Sydney’s crown</a>

The 29-level building will home 386 apartments, comprising one, two, three, and four-bedroom units, including sub-penthouse and penthouses.

The apartments offer a seamless transition from open living spaces to inviting winter gardens or balconies, while some units feature a multi-functional room that can serve as an additional living area, an office, a bedroom, or an ideal guest room.

The interior designers at Richards Stanisich have thoughtfully curated three contemporary colour palettes for AURA residences – light, mid or dark. All palettes are very textural and evoke a sense of feeling from lightness to opulence.

[smartcode_project:default project_id=30959 project_image_fid=202990]

<a href="/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a> features a podium-level retail precinct with a curated shopping and dining destination, including a providore, bakery, café and wine bar, an all-day diner and a contemporary Japanese restaurant.&nbsp; Other resort-style facilities include a lifestyle concierge, pool, gym, room, sky deck, private dining rooms, and barbecue space for year-round al fresco entertaining.&nbsp;

Read more: <a href="/news/nsw/buyer-testimonial-how-sandra-and-henry-found-their-dream-home-at-aura-by-aqualand-in-north-sydney">How Sandra and Henry found their dream home at AURA by Aqualand in North Sydney</a>

<a href="/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a> represents the fifth residential project delivered by Aqualand since the company’s launch in 2014 and is well on the way to joining a portfolio of other notable completed projects such as BLUE at Lavender Bay in Milsons Point and The REVY at Darling Island, which were also awarded at the PropertyGuru Asia Property Awards.

[smartcode_project:default project_id=30959 project_image_fid=203003]

<a href="/buildings/blue-at-lavender-bay-61-lavender-street-milsons-point">BLUE at Lavender Bay</a> won the Best Luxury Apartment Development (New South Wales) and Best Mixed-Use Architectural Design titles, while The REVY at Darling Island was awarded the Best Luxury Heritage Development and Best Waterfront Apartment Development.

The founder and group managing director of Aqualand, Shangjin Lin, was named Australia Real Estate Personality of the Year by the editorial team of Property Report by PropertyGuru magazine for his achievements in spearheading some of Australia’s largest urban renewal projects.

AURA by Aqualand is the second project to be delivered by Aqualand’s internal construction arm, <a href="/developers/aqualand-australia">Aqualand</a> Construction.&nbsp;

The development’s construction has reached its structural top-out, and the wall framing, joinery, stone, and services are now being installed in the apartments.&nbsp;

The estimated completion date is mid-2024.

[smartcode_project_cta:default project_id=30959]

Aqualand claimed the Best Developer title for the first time, along with the Best Luxury Developer and Best Mixed-Use Developer titles.

Aqualand sweeps Asia Property Awards for three Sydney apartment developments

National apartment developer <a href="/developers/kokoda-property">Kokoda Property</a> were very strategic in their acquisition of the site for their latest Brisbane apartment development, Ruby Ruby.

Having already completed <a href="/buildings/chester-ella-penthouse-collection-14-ella-street-newstead">Chester &amp; Ella</a> and <a href="/buildings/the-ambrose-19-23-mcdougall-street-milton">The Ambrose</a> in <a href="/new-apartments/newstead-qld-4006">Newstead</a>, Kokoda stayed near the river, but ventured much closer to the city.

They snapped up a site in <a href="/developments/milton-qld-4064">Milton</a>, which has quickly garnered attention for its quirky cafe and brewery scene attracting young professionals.

[smartcode_project:default project_id=139032 project_image_fid=232285]

The Crombie Street site is ideally located just behind the <a href="/developments/milton-qld-4064">Milton</a> Train Station, a three-minute train to Roma Street Station. The train lines also reach as far as Springfield and Ipswich to the south and the Redcliffe Peninsula to the north.

Ruby Ruby residents won't have to head into the city however to find amenity.&nbsp;

Brisbane’s first outdoor café strip is located a stone's throw away on Park Road, with Bunker Coffee open for breakfast and Arrivederci Pizza a popular lunchtime spot.

[smartcode_project:default project_id=139032 project_image_fid=232277]&nbsp;

<a href="/developments/milton-qld-4064">Milton</a> boasts a vibrant cultural scene, with shopping and entertainment options at Rosalie Village, The Barracks at Petrie Terrace, and the Caxton Street entertainment precinct. Additionally, the lively Milton Markets are just one block away from Ruby Ruby, which will no doubt be a weekend hotspot.

Residents will be walking distance to Milton's iconic XXXX Brewery, <a href="/developments/milton-qld-4064">Milton</a> Common, Tuk Tuk Restaurant &amp; Bar, Newstead Brewery, and Brewski Bar.

Residents will be surrounded by abundant green space, bikeways and the Brisbane River, with can play sports in <a href="/developments/milton-qld-4064">Milton</a> Park and Frew Park or stroll down the river in no time. Other popular parks and playgrounds nearby are Dunmore Park, Paddington Skatepark, Roma Street Parkland, Wickham Park and E.E. McCormick Place on the waterfront.

Sport fans will also be at home with Suncorp just 750 metres away.

Families are expected to take interest in some of the larger apartments at Ruby Ruby, to be able to stay in a connected neighbourhood near good schools. <a href="/developments/milton-qld-4064">Milton</a> State School, Hubbard's School, and Brisbane Grammar School are within 600 metres of Ruby Ruby, while Queensland University of Technology is only an eight-minute drive away.

Read more:&nbsp;<a href="/news/qld/the-rise-of-milton-whats-driving-off-the-plan-apartments-buyers-to-the-inner-brisbane-suburb">The rise of Milton: What's driving off the plan apartments buyers to the inner-Brisbane suburb</a>

[smartcode_project:default project_id=139032 project_image_fid=232284]

Residents won't even have to leave Ruby Ruby however with the extensive amenity Kokoda is flooding the 21-level Cottee Parker-designed building with.

The 144-apartment building will feature a wellness rooftop with a wet-edge swimming pool that spans the full width of the building. Completing the fitness component of the rooftop is a heath and wellness space with a gym, infrared sauna, spa, plunge pool and a yoga studio.&nbsp;

[smartcode_project:default project_id=139032 project_image_fid=232307]

<a href="/developers/kokoda-property">Kokoda</a> is also catering for the working from home trend with a number of meeting rooms on the ground level, while the podium will home a&nbsp;private dining and lounge area, a cinema room, and a billiards room.

Read more:&nbsp;<a href="/news/qld/a-rooftop-wellness-retreat-and-a-luxe-cinema-inside-the-facilities-at-kokodas-ruby-ruby-apartments-in-milton">A rooftop wellness retreat and a luxe cinema: Inside the facilities at Kokoda's Ruby Ruby apartments in Milton</a>

<a href="/developers/kokoda-property">Kokoda</a> is expected to announce a builder for Ruby Ruby before the end of the year, with construction slated to commence in early 2024 and a target completion date in late 2025.

[smartcode_project_cta:default project_id=139032]

The Crombie Street site is ideally located just behind the Milton Train Station, a three-minute train to Roma Street Station

Why prospective buyers will be excited by the location of Kokoda's latest Brisbane apartment development, Ruby Ruby

Family-owned <a href="/developers/andrews">Andrews Projects</a> has broken ground on its&nbsp;largest project to date, their $270 million, twin-tower apartment development in <a href="/new-apartments/robina-qld-4226">Robina</a>.

The project, <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a>, which has sold over 60 per cent of its 229 residences,&nbsp;will create over 300 jobs on the <a href="/new-apartments/gold-coast-qld">Gold Coast</a> and provide significant employment opportunities during its two-year lifecycle.

[smartcode_project:default project_id=135618 project_image_fid=215796]

Upon completion, <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a> will be home to around 1,000 residents across two and three-bedroom apartments and villas, with majority offering views of the Surfers Paradise skyline and <a href="/new-apartments/gold-coast-qld">Gold Coast</a> Hinterland.

Residents will have access to a suite of six-star amenities including a 25m resort pool, 170 sqm gym, sauna, cold plunge and steam room.

[smartcode_project:default project_id=135618 project_image_fid=215798]

Architecturally, <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a> follows the distinctive curvy style which <a href="/developers/andrews">Andrews Projects</a> has instilled in all of its projects. The apartments feature floor-to-ceiling windows and large, liveable balconies.

With prices starting from $850,000, <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a> will provide significant economic stimulus for the <a href="/new-apartments/robina-qld-4226">Robina</a> area, in line with the State Government’s plan for the Olympic Satellite Village in the area.

<a href="/developers/andrews">Andrews Projects</a> Sales Manager Sarah Andrews said <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a> is a beacon of progress for <a href="/new-apartments/robina-qld-4226">Robina</a>, transforming the skyline and offering a new standard of modern living.

“Commencing construction on <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a> is a significant milestone for both <a href="/developers/andrews">Andrews Projects</a> and having Cr Hermann Vorster support is a strong vote of confidence in the project," Andrews says.

"<a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a> underscores our commitment to community and job creation, all while providing a luxurious living experience for future Gold Coast residents.”

Earlier this year&nbsp;<a href="/developers/andrews">Andrews Projects</a> <a href="/news/qld/andrews-projects-bring-construction-in-house-and-start-cascade-robina-build">announced the launch of its in-house construction arm</a>&nbsp;following a challenging time in the South East Queensland construction sector.

[smartcode_project_cta:default project_id=135618]

Earlier this year Andrews Projects announced the launch of its in-house construction arm following a challenging time in the South East Queensland construction sector

Andrews Projects start construction on Cascade Robina apartment development

Ever since the new Maroochydore CBD was gazetted back in 2015, locals and interstate investors have had their eyes on what is fast becoming the focal point of the Sunshine Coast.

The most prominent developer in the Maroochydore region for the last two decades has been <a href="/developers/habitat-development-group">Habitat Development Group</a>, who have been developing and building apartments in the area since 2005.

They're currently building <a href="/buildings/the-corso-maroochydore-20-south-sea-islander-way-maroochydore">The Corso</a>, only the second tower in the&nbsp;evolving <a href="/developments/maroochydore-qld-4558">Maroochdyore</a> CBD, which is one of just a handful of greenfield CBD's in the world. The Sunshine Coast&nbsp;Council are building the CBD from scratch, and therefore are able to effectively create a city built with more modern technology than other cities across the world. They secured the former Horton Park Golf Course eight years ago and went about creating a new city.

In partnership with SunCentral&nbsp;<a href="/developments/maroochydore-qld-4558">Maroochydore</a>&nbsp;and&nbsp;<a href="/developers/walker-corporation" target="">Walker Corporation</a>, the new CBD, to be known as The Bright City, will home 160,000 sqm of commercial and retail space and 4,000 residential apartments when completed in the next 15 to 20 years.

It's drawn owner-occupiers, be it purchasers or renters, to the area, as well as interstate investors. Savvy Sydney investors have identified Maroochydore as an opportunity. They've made up around 50 per cent of the purchases in The Corso, which has 158 apartments across two towers on South Sea Islander Way.

Read more: <a href="/news/qld/why-sydney-investors-are-dominating-in-maroochydores-the-corso-development-on-the-sunshine-coast">Why Sydney investors are dominating in Maroochydore's The Corso development on the Sunshine Coast</a>

&nbsp;

[smartcode_project:default project_id=100708 project_image_fid=197260]

The project, with 715 sqm of retail space on the ground floor, a 600 sqm communal terrace connecting the two towers and a resort-style swimming pool, is around 65 per cent sold.

<a href="/buildings/the-corso-maroochydore-20-south-sea-islander-way-maroochydore">The Corso</a> comes after Habitat's Market Lane Residences, at the entrance to the new CBD on Mundoo Boulevard, which was completed early last year.

<a href="/buildings/the-corso-maroochydore-20-south-sea-islander-way-maroochydore">The Corso</a> will bring much&nbsp;needed housing supply to the area. Maroochydore has been steadily gaining popularity over recent years, evident in census data from the Australian Bureau of Statistics. In 2016, 16,800 people called Maroochydore home, a number that has swelled to 20,629 in 2021.

[smartcode_project:default project_id=100708 project_image_fid=194875]

<a href="/developers/habitat-development-group">Habitat</a> made sure they contributed to driving the Sunshine Coast economy with <a href="/buildings/the-corso-maroochydore-20-south-sea-islander-way-maroochydore">The Corso</a>. Around 380 people have been employed to help deliver the project.

“We have a commitment to supporting local trades in all our projects as much as we can," Habitat Managing Director Cleighton Clarke says.

"We were concerned the labour shortages might affect this project given its size. But despite the labour shortages in the construction sector, it’s been really exciting to see how many local trades are interested in being involved in this new CBD project.&nbsp; That means we’ll be able to resource the project without having to go outside the Sunshine Coast which is great news for the local economy."&nbsp;&nbsp;

The Corso is slated for completion in mid-2024.

[smartcode_project_cta:default project_id=100708]

The Sunshine Coast Council are building the CBD from scratch, and therefore are able to effectively create a city built with more modern technology than other cities across the world

Why locals and interstate investors are looking to Sunshine Coast's Maroochydore for value and opportunity

EG Funds Management are bringing over 550 apartments to the vastly undersupplied Brisbane apartment market.

They're splitting their approved Fortitude Valley building in half, vertically not horizontally, creating two towers, one with 326 build to rent apartments, the other with 225 build to sell apartments across 33 levels.

The vast 3,582 sqm block stretches across 80 McLachlan Street and 801 Ann Street, while also having street frontages to Moregan and Connor Streets. the BTR tower will face Ann Street and the BTS tower McLachlan Street.

The Town Planning Report by Urbis said&nbsp;the Rothelowman-designed proposal delivers an exemplary design outcome that offers choice and diversity for both the apartment and rental market in Brisbane.

<img alt="EG" data-entity-type="file" data-entity-uuid="f87be608-8e20-4b6b-8ad2-2a55af6b947e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-27%20at%203.45.10%20pm.png?VersionId=frciwo0Om0LJL5Bj53P54k0S9Mz2rNQa" />

"The development provides a memorable marker to the inner-city skyline, with vertical landscaping dispersed generously and use of contrasting colour palettes between the two towers," Urbis noted in their Assessment Report.

"The materiality creates a modern residential development with subtropical components that suitably respond to the site’s context and are unique to Brisbane."

Urbis said a key aspect of the development proposal is its building height.

"The proposed concept relies upon the existing approved height of the commercial scheme and enhances the design to provide a more refined outcome for the site involving two separate towers with greater setbacks and separation as well as reduced tower site cover."

<img alt="EG Funds" data-entity-type="file" data-entity-uuid="fd17c6e1-c060-4abd-89d6-2124547dfb90" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-27%20at%203.44.50%20pm.png?VersionId=3eG1_QsuiRkmT7uRGqkZN1Zf9iqVqlPr" />

They said significant events have occurred since the receipt of the two previous approvals, including COVID-19, population growth, and confirmation of Brisbane as the host city for the 2032 Olympics.

"These significant events have stimulated changes to policy direction for planning and development of Brisbane.

"Recent federal, national and local strategic policies are expressing a consistent direction whereby increased height and density is supported in appropriate locations, particularly to address a critical economic and community need for housing supply.

"The proposal is aligned with this emerging policy direction, as the site is a large island site with no adjoining sensitive uses and receivers and highly accessible to public transport, employment and goods and services.

"It is of an appropriate scale and density that can accommodate significant on-site population to support the day- and night-time economy of Fortitude Valley."

<img alt="EG" data-entity-type="file" data-entity-uuid="fabcd145-42f6-4c2b-947b-77f5f4eb69d3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-27%20at%203.50.41%20pm.png?VersionId=_lLRzKvOl8DwEDn6YXUhCU2bdA.Agjwh" />The former approval, left, vs the new plans, right

Architecture firm Rothelowman said in their Urban Context Report that the towers will make a "genuine contribution to helping solve the current housing crisis that affects Brisbane and Australia as a whole."

Part of the proposal is over 1,000 sqm of retail space which activates all four street frontages and provides a day/night economy to the area.

There will be around 300 sqm of purpose built community use space operated by the Little Big Foundation,&nbsp;over 400 sqm of privately owned public space in the form of a covered colonnade, activated plaza and sub-tropical gardens, and a subtropical colonnade along Morgan St that links together two heritage buildings; The Osbourne Hotel and St Patricks Cathedral.

Rothelowman said a deliberate focus on the power of landscape is at the heart of all design strategies embedded in the project.

<img alt="EG Funds FV" data-entity-type="file" data-entity-uuid="ece0022e-f723-4520-bc83-ba976eb816ed" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-27%20at%203.42.59%20pm.png?VersionId=KFlCgUpGY4QaxL7fSgxruiE8QF.7NAmJ" />

"801 Ann St seeks to provide an exemplary residential project grounded in a deep understanding of place and a sincere dedication to life in the subtropics. The design seeks to reimagine urban living with a central focus on community, generosity, and connection to nature. This approach and attitude is fundamental in providing a future focused methodology to delivering much needed housing within our rapidly evolving city.," Rothelowman said.

"Crafted through a meticulous analysis of the site and its surroundings, 801 Ann aims to seamlessly engage with the existing context of Fortitude Valley whilst offering rejuvenation to one of the more intense inner-city suburbs of Brisbane. It envisions weaving a vibrant, active, and generous urban atmosphere into the Valley heart, utilizing urban gestures and deep sheltered public spaces to establish a porous and harmonious interface with the city."

Both towers feature rooftop recreation decks with a pool, spa area, sun deck, dining room and kitchen and BBQ areas, as well as further amenity on level five with a gym for each building, a wellness spa, library, and work from home spaces.

EG Funds Management has over $5.1 billion in assets under management and a $3.9 billion development pipeline across Australia. They intend to keep the BTR tower, which they will let a national operator manage.

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The Town Planning Report by Urbis said the Rothelowman-designed proposal delivers an exemplary design outcome that offers choice and diversity for both the apartment and rental market in Brisbane

EG Funds to plug Brisbane housing supply hole with build to rent and build to sell plan apartment towers in Fortitude Valley

South East Queensland property developer Sherpa has continued to show its confidence in the <a href="/developments/gold-coast-qld">Gold Coast</a> with the acquisition of three premier sites.

<a href="/developers/sherpa-property-group">Sherpa</a>, led by Christie Leet, has recently purchased a 1710 sqm site at <a href="/new-apartments/perspective-helm">107 Stanhill Drive</a> in <a href="/developments/chevron-island-qld-4217">Chevron Island</a>, a 915 sqm site at 45 <a href="/developments/labrador-qld-4215">Labrador</a> Street in <a href="/developments/labrador-qld-4215">Labrador</a>, and a 17-hectare site on Winchelsea Way at Terranora for future residential developments.

The acquisitions come on the heels of the company's sell-out success of its Perspective Broadwater project and the near sell-out of Perspective on Albatross in Mermaid Beach, as well as the launch of their latest Perspective project, <a href="/developments/palm-beach-qld-4221">Perspective Nexus Palm Beach</a>.

[smartcode_project:default project_id=108324 project_image_fid=228359]

<a href="/developers/sherpa-property-group">Sherpa Property Group</a> founder Christie Leet said the company was keen to explore further opportunities as its recent projects were nearing completion.

"We’re very bullish on the <a href="/developments/gold-coast-qld">Gold Coast</a> market and these latest acquisitions will enable us to continue to build and grow <a href="/developers/sherpa-property-group">Sherpa</a> brand as a residential developer of choice for discerning buyers,” he said.

“We believe and have long held the belief that the <a href="/developments/gold-coast-qld">Gold Coast</a> is poised for remarkable growth in the years to come, and we are thrilled to be able to provide high-end luxury residential offerings as the city matures and grows.

“We see tremendous potential in <a href="/developments/chevron-island-qld-4217">Chevron Island</a>, Labrador and Terranora as three of the best sites site available in the <a href="/developments/gold-coast-qld">Gold Coast region</a>. Choosing these locations for our new projects aligns with our vision of creating premium living spaces that contribute to the vibrant character of the Gold Coast.”

<img alt="Perspective" data-entity-type="file" data-entity-uuid="dbc56d21-04f1-41e4-8a56-d4eac83800c8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-27%20at%203.21.16%20pm.png?VersionId=tTr.fLP6hhmDww1_GbiXF9nmi_UbBRaK" />The <a href="/developments/chevron-island-qld-4217">Chevron Island </a>riverfront site will be another addition to Sherpa’s ‘Perspective’ brand and deliver a luxury riverfront project.

<a href="/developers/sherpa-property-group">Sherpa</a> secured a <a href="/developments/labrador-qld-4215">Labrador</a> site for a small lot subdivision, a return to its roots and the 'Freedom' brand which the company believe is the future of housing on the <a href="/developments/gold-coast-qld">Gold Coast</a>. Their Terranora acquisition, a large lot subdivision in Northern NSW, will be a part of Sherpa's 'Estates' brand.

<a href="/developers/sherpa-property-group">Sherpa Property Group</a> is currently in the planning stages for the three projects, with a development application expected to be lodged for the <a href="/developments/chevron-island-qld-4217">Chevron</a> site in late 2023.

Leet said the growth trajectory of the <a href="/developments/gold-coast-qld">Gold Coast</a> was simply astounding.

“Apartment sales have increased, and stock levels have decreased – we are keen to fill that void,” said Leet.

[smartcode_project:default project_id=108324 project_image_fid=232461]

New data from Urbis has revealed a <a href="/news/qld/gold-coast-apartment-sales-jump-in-q3-2023-urbis">significant increase in apartment sales from the previous quarter</a>. The majority of these sales were centred around the traditional apartment precincts of Surfers Paradise, Broadbeach and Main Beach.

Sherpa has undertaken 11 projects on the <a href="/developments/gold-coast-qld">Gold Coast</a> over the last six years. These include Scenic Ridge at Bilambil Heights, Freedom Caba at Cabarita, Freedom Rainbow Bay at Rainbow Bay, Freedom Skyline at Ashmore, The Golden Four at Bilinga, Perspective 202 at Bilinga, Perspective 488 and Perspective Two Sea at Palm Beach, Perspective Broadwater at Biggera Waters, Perspective on Albatross at Mermaid Beach and Perspective Nexus at Palm Beach.

Sherpa Property Group founder Christie Leet said the company was keen to explore further opportunities as its recent projects were nearing completion

Sherpa secure three new residential development sites 

Prolific Gold Coast developer <a href="/developers/aniko-group">Aniko Group</a> is set to break ground on its next project, the $150 million <a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a> apartments at <a href="/developments/chevron-island-qld-4217">Chevron Island</a>.

<a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a> is the latest in a project portfolio of more than $2 billion by the George Mastrocostas-led <a href="/developers/aniko-group">Aniko Group</a>.

<a href="/developers/aniko-group">Aniko</a> has switched its attention to the central <a href="/developments/gold-coast-qld">Gold Coast</a> suburb of <a href="/developments/chevron-island-qld-4217">Chevron Island</a> after completing the largest suburb transformation of <a href="/developments/hope-island-qld-4212">Hope Island</a> where the company has all but sold out more than $500 million of residential apartment and townhouse product.

[smartcode_project:default project_id=111898 project_image_fid=240584]

Once complete, <a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a> will comprise 102 residences and include two-bedroom apartments from $995,000 to $1.45 million and a range of three-bedroom skyhomes from $1,995,000, offering panoramic views over the central <a href="/developments/gold-coast-qld">Gold Coast</a> skyline.

The project is targeting local downsizers and interstate migrators and is well on its way to a successful sellout.

“We are thrilled with the take-up of <a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a> which has been highly competitively priced and offers some of the best quality amenities of any project in the precinct,”&nbsp;<a href="/developers/aniko-group">Aniko Group</a> Managing Director George Mastrocostas said.

“Nothing has been an afterthought, from the quality of the apartments themselves to the 550 sqm rooftop recreation area comprising of a gymnasium, pool, spa, residents lounge and a host of other amenities.”

[smartcode_project:default project_id=111898 project_image_fid=209597]

The completion of Aniko’s inner <a href="/developments/hope-island-qld-4212">Hope Island</a> developments – the culmination of five years of development transforming inner <a href="/developments/hope-island-qld-4212">Hope Island</a> – has been the trigger for the beginning of construction at <a href="/developments/chevron-island-qld-4217">Chevron Island</a>.

“We’ve been able to redeploy our construction teams after what has been an amazing five-year journey in which we have successfully sold and built some 630 new residential dwellings in <a href="/developments/hope-island-qld-4212">Hope Island</a>,” Mastrocostas added.

“Our <a href="/developments/hope-island-qld-4212">Hope Island</a> experience has allowed us to accelerate our brand awareness out of the <a href="/developments/gold-coast-qld">Gold Coast</a> and we are certainly excited about delivering Orama to new customers.”

Construction gets underway in November and will take approximately 18 months to build with completion scheduled for early 2025.

[smartcode_project:default project_id=111898 project_image_fid=240587]

Mastrocostas said the project had achieved almost $100 million in unconditional sales since its launch to the market earlier this year.

He said some buyers had sold in existing <a href="/developments/chevron-island-qld-4217">Chevron Island</a> projects or had come from other projects that had yet to proceed.

<a href="/developers/aniko-group">Aniko Group</a> is also planning one of the largest transformative projects on the central <a href="/developments/gold-coast-qld">Gold Coast</a> with its proposed $2 billion Seaview master planned precinct at Mermaid Beach currently before council.

[smartcode_project_cta:default project_id=111898]

Construction gets underway in November and will take approximately 18 months to build with completion scheduled for early 2025

Aniko to kick off construction of Chevron Island apartment development, Orama

Australian developer <a href="/developers/golden-age-group">Golden Age</a> has recorded over $40 million in sales for its recently launched Box Hill South project, <a href="/new-townhouses/wembley-hill-15-hay-street-box-hill-south">Wembley Hill</a>.

Since launching to market last month, over 60 per cent of Stage 1 townhomes have been snapped up, with the project’s cost-saving sustainability measures a key drawcard.

Located at <a href="/new-townhouses/wembley-hill-15-hay-street-box-hill-south">15 Hay Street</a>, <a href="/developers/golden-age-group">Golden Age</a>, together with Cox Architecture, has developed a residential masterplan that will see the delivery of 143 townhomes and provide 13,000 sqm of dedicated green space.

The majority of purchasers have been families aged in their mid 30s to 40s looking for properties within the <a href="/new-townhouses/box-hill-south-vic-3128">Box Hill</a> school zone, as well as individuals in their mid 20s to mid 30s looking to upgrade their lifestyle from smaller apartments and townhomes.

[smartcode_project:default project_id=104627 project_image_fid=222319]

As the cost of living continues to climb, purchasers are looking for features that will help them to save on energy bills and improve their carbon footprint. <a href="/developers/golden-age-group">Golden Age</a> has factored in a variety of sustainability initiatives into the luxury townhomes, including rooftop solar panels, provision for fast EV charging, energy-efficient heating and cooling, filtered rainwater connection to irrigation and utilities, to name a few.

Residents will also have access to an abundance of green open space for exercise and immersion in the natural surrounds.

[smartcode_project:default project_id=104627 project_image_fid=222321]

<a href="/developers/golden-age-group">Golden Age</a> Chief Investment Officer Bing Chen said Golden Age’s vision is to dream, plan and deliver the most exciting housing communities within <a href="/new-townhouses/box-hill-south-vic-3128">Box Hill.</a>

“<a href="/new-townhouses/wembley-hill-15-hay-street-box-hill-south">Wembley Hill</a> is one of the most significant developments within the booming suburb and it delivers a visionary, enduring, future-ready lifestyle through a dedication of weaving environmental sustainability into each and every home. It was important for these townhomes to be sustainable without compromising on luxury, offering a blueprint for a greener and more sustainable future.”

[smartcode_project:default project_id=104627 project_image_fid=222322]

The project also embodies urban design principles that aim to reintegrate the site back into its surroundings, complementing the existing fabric and making a positive contribution and lasting legacy for the neighbourhood and its local community.

The well-considered townhomes, with interiors by leading interior designer MIM design, range in size from three-bedroom to four-bedroom with two premium colour schemes available.

The <a href="/new-townhouses/wembley-hill-15-hay-street-box-hill-south">Wembley Hill</a> site was formerly home to Hays International College and is positioned next to Wembley Park, Box Hill Soccer Club, Box Hill Golf Club and the Gardiners Creek Trail.

[smartcode_project_cta:default project_id=104627]

Since launching to market last month, over 60 per cent of Stage 1 townhomes have been snapped up, with the project’s cost-saving sustainability measures a key drawcard

Golden Age secure $40 million in sales at nature-fuelled Box Hill South townhouse development, Wembley Hill

Isle of Capri’s largest residential project in more than three decades is moving full steam ahead with local builder Greyburn appointed and construction set to kick off this side of Christmas.

Developed by Gold Coast based Monaco Property Group (MPG) Capri represents the largest (in one line) residential land holding in the suburb with the multi-award winning residential project positioned on a prime 1.2-hectare site.

Construction will commence at the site in the coming weeks with demolition set to kick start the project, with 24 existing townhomes set to be demolished along with a pool and tennis court on the site formerly known as Figtree East.

[smartcode_project:default project_id=139511 project_image_fid=213450]

The appointed builder Greyburn has over 35 years’ experience in the industry with a strong track record for delivering high quality townhouses, mid-rise residential developments, and commercial buildings including Rhythm Kirra Hill and Robina Grand.

Greyburn Director John Kearney says his team secured the project through a competitive tender process emphasising quality, experience and a collaborative approach to construction and design.

“We were attracted to this project because Capri demands the very best quality with a high level of attention to detail, and we are committed to delivering on that promise,” Kearney says.

“MPG are committed to using solid materials and have based their design decisions around using materials like concrete, blockwork, and suspended concrete slabs for longevity and environmental sustainability and for this reason, Capri will represent the very best of high-end residential construction.”

[smartcode_project:default project_id=139511 project_image_fid=213451]

Kearney said that his experienced and committed team of suppliers and contractors will ensure Capri is delivered to the highest standards.

“We will work with our trusted team, many of whom we have worked with for more than 10 years to ensure Capri is built to stand the test of time,” he said.

“Capri is truly special to us as a Gold Coast-based builder. Located at the heart of the vibrant Isle of Capri, this project offers a strategic opportunity to construct 48 luxury villas. We're thrilled to contribute to the growth of our community and create homes that embody the essence of this dynamic locale.”

Architecturally designed by global practice Plus Architecture and local Gold Coast award-winning firm BDA Architecture, the luxury residential project offers a selection of two and three-level villas ranging in size from 241 sqm to 370 sqm. The homes have three or four-bedroom, all available with multi-purpose rooms and secure double garages.

[smartcode_project:default project_id=139511 project_image_fid=214735]

NPA Projects Director Andrew Erwin says news of Capri’s builder appointment and construction commencement is a significant milestone and is sure to please buyers before the rush of the holiday season.

“Capri is in an ideal position with approximately $70 million in sales to date,” says Erwin.

“Now with construction set to commence before Christmas, buyers can be confident the muilti-award winning landmark project is underway and on track for residents to move in mid-2025.”

Capri’s strategic location, nestled near Surfers Paradise, Bundall, and Broadbeach, offers vibrant inner city living in a highly sought-after residential pocket at one of the city’s most coveted addresses. All 48 architecturally designed villas have been individually designed with their own unique personality allowing buyers to select a residence that resonates with their unique preferences.

Capri offers an exclusive gated community surrounded by world-class resort-style resident-only amenities including a pool with submerged lounge chairs, sundeck, an outdoor dining terrace, a covered barbeque area and a residents lounge complete with kitchen, bar, TV, lounge and fireplace.

[smartcode_project_cta:default project_id=139511]

Construction will commence at the site in the coming weeks with demolition set to kick start the project, with 24 existing townhomes set to be demolished along with a pool and tennis court on the site formerly known as Figtree East

Greyburn appointed to build Capri villa development on Isle of Capri

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

[smartcode_project:default project_id=146358 project_image_fid=323057]

The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

[smartcode_project:default project_id=146358 project_image_fid=323055]

Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

[smartcode_project:default project_id=146358 project_image_fid=323052]

The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

[smartcode_project_cta:default project_id=146358]

MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

Apartment developers in the Gold Coast are finding new, creative ways to differentiate themselves from competing projects, as new supply starts to flow through up and down the Coast.

Developer Big Projects brought in the renowned Sydney-based design studio YSG to craft the interiors for The Frederick, Big Projects' new Mermaid Beach project and YSG's first move into the multi-residential development space.

[smartcode_project:default project_id=110588 project_image_fid=5346]

It was a strategic move for Big Projects to bring in a Sydney eye to the development.

“Our role is to give our design partners the space and freedom to explore,” says Matt Barrett, Director of Big Projects.

“We wanted YSG Studio to capture the essence of Nobby’s, to design a building that embraces life, light and connection, while creating a genuine sense of place.”

There are only 39 apartments in The Frederick, including a striking beach house, just 100 metres from the booming Nobby Beach precinct.&nbsp;

[smartcode_project:default project_id=110588 project_image_fid=5347]

Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

[smartcode_project:default project_id=110588 project_image_fid=5360]

Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Architecture, with landscape design by LDG.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its design flair/ appeal,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. Big Projects is targeting a late 2027 completion.

[smartcode_project_cta:default project_id=110588]

Big Projects taps Sydney’s YSG for first multi-residential project at The Frederick Mermaid Beach

Melbourne-based property developer ALTA Property has this week achieved planning approval for the adaptive re-use of a former commercial tower into a $200 million, 169-apartment project at 10 Queens Road, one of the last developable sites along the Albert Park Lake-fronting boulevard.&nbsp;

Set within one of Melbourne’s most sought-after precincts and designed by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser and Partners</a>, the illustrious building will offer unparalleled views across Albert Park Lake, Port Phillip Bay and Melbourne CBD.&nbsp;

The mix of 1, 2 and 3-bedroom residences will be complemented by a ground-floor amenity featuring private dining, a lounge bar, gym and wellness spaces, co-working, outdoor communal gardens, and retail.&nbsp;

The 17-storey building is a masterclass in adaptive re-use, with the existing commercial building’s façade, shell and internal structure to be retained, before high-end residences are built from the ground up in a newly built Albert Park facing addition to the building.&nbsp;

Sitting atop the building will be two 320+sqm penthouses with private rooftop terraces, which are expected to be priced between $9 - $11 million.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="aa11211b-5581-43f9-940c-fc84d30a0e61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/C_04.png?VersionId=Yhf5p_1EgGDu_zOIMFgvA8Ug8j3sTFQs" />

Architecturally, the building will feature a curved, geometric façade that celebrates and elevates the existing structure, with warm, muted tones which were selected to extend the materiality of the existing building rather than contrast it.&nbsp;

Interiors will bring together three metre high ceilings with waffle concrete in some spaces, natural timber, granite and Australian materials, culminating in crafted, generous and considered spaces that are defined by authenticity.&nbsp;

The adaptive re-use means that the Queens Road project will be a sustainability led, high-quality finished product, with a 62% saving in carbon emissions by re-using the existing structure rather than knocking it down and rebuilding.&nbsp;

ALTA Property was launched by Nigel Givoni in 2023, bringing over 25 years of experience in multi level residential delivery.&nbsp;

Melbourne’s property market growth is currently led by apartments. According to RPM VIC Apartments &amp; Townhomes Market Report (April 2026), units are outpacing houses, especially in the middle ring suburbs where median prices hit $757,500 – a four-year high that represents 2.9 percent growth quarter-on-quarter.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="647e13d7-b4bc-433a-9bc9-fe3c3dd4f2ec" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/V_06.png?VersionId=ou4NUCWUgA3NAy.6CQJlEdKX50j3dOk6" />

For ALTA Property Founder Nigel Givoni, this performance speaks to the confidence he has in the Melbourne market.&nbsp;

“Queens Road represents a rare opportunity to continue to shape our presence in the Melbourne market.,"&nbsp;Givoni says.

"With a considered project team and a premier site along one of the city’s most sought-after boulevards, we look forward to contributing to the fabric of this established address.

“Other Australian markets are getting a lot of attention, but I believe the depth of value in Melbourne is being overlooked. The fundamentals are strong, population growth is steady and, based on our preliminary conversations with a leading builder, construction costs are beginning to normalise, creating further opportunity."

Givoni says the project is a&nbsp;highly considered example of adaptive re-use, delivering quality, high-end residences, premium hotel-inspired amenities and an architecturally striking façade, all achieved without the need to remove the existing structure.

"We are really looking forward to the market’s response,” he said.&nbsp;

ALTA Property to deliver $200 million Queens Road apartment tower

Construction is set to begin at <a href="https://www.apartments.com.au/new-townhouses/orchard-mews-glen-iris-18-scott-grove-glen-iris-vic-3146">Orchard Mews</a> in Glen Iris, with&nbsp;PC Whitehall &amp; Sons&nbsp;now appointed as the townhome development moves into its next phase.

The development by&nbsp;<a href="https://www.apartments.com.au/developers/montcoeur">MontCoeur</a>,&nbsp;located at 18 Scott Grove, is now around 30 per cent sold, with completion targeted for late-2027.

Orchard Mews comprises a curated collection of three- and four-bedroom customisable townhomes, positioned within one of <a href="https://www.apartments.com.au/developments/glen-iris-vic-3146">Glen Iris</a>’ more tightly held residential streets. The low-density project has been designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo</a>, bringing together a team known for high-end residential projects across Melbourne.

[smartcode_project:default project_id=150128 project_image_fid=366285]

The development is defined by its focus on flexible living and long-term usability. Each residence includes multiple living zones and a customisable multipurpose room, allowing buyers to tailor spaces to suit changing needs, whether as a home office, additional bedroom, wellness area or entertainment space.

Architecturally, the townhomes emphasise natural light and spatial volume, with dual-aspect layouts and double-height living areas incorporated into the design. Interiors feature natural stone benchtops, premium appliances, and a neutral material palette intended to support everyday functionality rather than statement-driven finishes.

All residences are all-electric and include private lifts and secure double garages, reflecting a broader shift toward sustainability and future-focused housing in Melbourne’s established suburbs.

[smartcode_project:default project_id=150128 project_image_fid=366277]

Outdoor connections are also central to the offering, with a mix of private courtyards and terraces extending internal living spaces and integrating with the landscaped surrounds.

The Scott Grove address places Orchard Mews within close proximity to some of Melbourne’s key lifestyle and education amenities, including Scotch College, Sacré Cœur, Cabrini Hospital and the retail hub of Chadstone. Public transport access is also nearby, with trams and Gardiner Station providing connectivity to the CBD and surrounding suburbs.

[smartcode_project_cta:default project_id=150128]

Construction to commence at luxury Glen Iris townhome project, Orchard Mews

A rare new apartment development has been proposed on the fringe of St Ives Village.

Developer Newquest Property has lodged plans for a low-rise apartment project designed by well-regarded architecture firm Warren &amp; Mahoney, which is best known for its work in the multi-residential sector in Melbourne.

The building, proposed for a 1,916 sqm site on <a href="https://www.apartments.com.au/new-apartments/st-ives-residences-3-5-memorial-avenue-nsw-2075">Memorial Avenue</a> opposite St Ives Village Green, has been designed to blend into the surrounding natural environment.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="5c1c7437-2fba-4345-a6d7-05321714ad3e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.28.46%E2%80%AFPM.png?VersionId=KrYyMaJvNqR7vbx0xbB3Ef8sJ6FuHpmn" />

“Drawing inspiration from the pale trunks and flowering canopies of the scribbly gums and blue gums prevalent in the area, a considered material palette was developed,” the architectural design report states.

“This palette references the established materiality of the suburb while elevating it through refined finishes to achieve a more luxurious architectural expression.”

Of the 33 apartments proposed, 21 will be three-bedroom residences. The remaining mix includes nine two-bedroom apartments, one one-bedroom apartment and two four-bedroom residences. The development will be supported by 62 car parking spaces and 33 secure bicycle spaces.

The proposal would replace two single-storey brick buildings currently on the site.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="21422eaf-09a9-4439-9278-b9bd9daf22a1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.38.10%E2%80%AFPM.png?VersionId=v.fXSgcUcEscvOZzqcjG5nk3gVqk_Amt" />

St Ives remains a relatively untapped market for new apartment development. North Shore developer WINIM has a number of projects in the area, while INCA is nearing completion of Ellis Residences.

More recently, Traders In Purple has lodged plans for one of the denser projects proposed in the suburb, a 75-apartment development on a 5,900 sqm site on Cowan Road.

NewQuest, a construction, design and development firm, has delivered over 24 projects across commercial, residential, industrial, and lad markets.&nbsp;

&nbsp;

&nbsp;

Joel Robinson

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