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Research conducted by the Urban Development Institute of Australia says purchaser power is at its lowest point in 10 years. In response to this Melbourne developer SMA Projects is looking at making home ownership a reality for first home buyers, by negotiating longer settlements (of up to nine months) and allowing residents to move in and pay a monthly nominal fee which is credited against the eventual settlement.

The first project to offer these incentives to purchasers is SMA's Yorkshire Brewery project.Located at 1-21 Robert Street Collingwood, the Yorkshire Brewery provides contemporary inner-city living through the redevelopment and adaptive re-use of the former heritage-listed site into 356 luxury apartments and townhouses, designed by Hayball.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/yorkshire_brewery_peter_clarke_print_32.jpg" rel="gallery-all" title="The Yorkshire Brewery redevelopment in Collingwood. Image: Peter Clarke"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/yorkshire_brewery_peter_clarke_print_32.jpg?itok=v4LShAGy" title="The Yorkshire Brewery redevelopment in Collingwood. Image: Peter Clarke" width="580"></a>

<figcaption>The Yorkshire Brewery redevelopment in Collingwood. Image: Peter Clarke</figcaption></figure>According to SMA Projects, many first home buyers are seeking to purchase a home within close proximity to Melbourne’s CBD - particularly the inner-north - capitalising on the cafe culture, accessibility, hospitality offerings, amenities and lifestyle associated with inner-city living. 

<blockquote>
“The creative and amenity-rich offering of Melbourne’s inner-north makes this area a haven for residents. Recently voted as one of Melbourne’s healthiest suburbs to live in and one of the easiest suburbs to actively commute from, you can see why a suburb like Collingwood is in demand.

In offering purchasing opportunities to buyers who are seeking this eclectic lifestyle ensures we can strengthen the character and built environment of these suburbs. Taking into consideration the rising house prices in Collingwood, SMA Projects has sought to actively collaborate with buyers to help them enter the property market at a stage where timing or their financial situation was considered a barrier.

The initiative has been well received by first home buyers who have responded positively to the flexibility and accountability that SMA Projects as an established developer has been able to offer. Where first home buyers have been traditionally priced out of these inner-city suburbs, SMA Projects is proud to help realise their dream of home ownership sooner than they may have otherwise anticipated.

SMA Projects takes a holistic approach to its developments to cater to purchasers at different stages of their lives. SMA Projects is committed to working closely with our purchasers to reach a mutually beneficial agreement that ensures both parties achieve the best outcome.

Acknowledging the current demands of first home buyers while also considering the future needs of young families, downsizers and the elderly will ultimately create a more sustainable development that will enrich Fitzroy and contribute to its vibrant community."

- Robert Murphy, SMA Projects development manager
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/fitzroy_ltd_1.jpg" rel="gallery-all" title="SMA Projects is offering a series of initiatives targeted towards first home buyers at Fitroy Ltd. Image: SMA Projects"><img alt="" class="image-article-full-width-580px" height="290" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/fitzroy_ltd_1.jpg?itok=7q0BaSZr" title="SMA Projects is offering a series of initiatives targeted towards first home buyers at Fitroy Ltd. Image: SMA Projects" width="580"></a>

<figcaption>SMA Projects is offering a series of initiatives targeted towards first home buyers at Fitzroy Ltd. </figcaption></figure>Due to the positive response to the first home buyer initiatives at Yorkshire Brewery, SMA Projects will be looking to employ a similar strategy at its Fitzroy Ltd. development. Located at 250 Gore Street, the seven-storey development has been designed by Hayball to sit comfortably within the streetscape, drawing on the industrial history and vernacular of the area.

SMA Projects says purchasers at Fitzroy Ltd are able to negotiate flexibility in the payment of their deposit whilst construction is occurring, with the developer hoping the initiative helps alleviate the significant upfront financial outlay that traditionally comes with settlement.

Demolition of current structures at the Fitzory Ltd site is expected to commence next month, with construction slated for early 2019 and an anticipated completion date of December 2020. Fitzroy Ltd marks SMA Projects’ third project on Gore Street including the currently under construction The Lyric and the completed Veludo.
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Laurence Dragomir

SMA Projects seeks to make First Home ownership more accessible

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Having secured a permit for a commercial development at 200 Victoria Parade, East Melbourne, joint venture partners <a href="/developers/time-place">Time &amp; Place</a> and <a href="/developers/golden-age-group">Golden Age Group</a> have launched the $280 million project as Victoria Place.

Designed by <a href="/architects/fjmt">FJMT</a>, Victoria Place comprises approximately 26,000 sqm of net lettable area (NLA) and includes world-class end-of-trip facilities, a sky terrace, expansive city views and a collection of retail, café and associated amenities. The development team engaged FJMT for the project based on its expertise in delivering high-quality commercial developments such as 200 George Street and Liberty Place in Sydney.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/time_and_place_200victoriapde_balcony_render_sr.jpg" rel="gallery-all" title="Victoria Place has been designed with tenant well-being at the forefront. Image: Time &amp; Place"><img alt="" class="image-article-full-width-580px" height="363" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/time_and_place_200victoriapde_balcony_render_sr.jpg?itok=APcOeKUx" title="Victoria Place has been designed with tenant well-being at the forefront. Image: Time &amp; Place" width="580"></a>

<figcaption>Victoria Place has been designed with tenant well-being at the forefront. Image: Time &amp; Place</figcaption></figure>Time &amp; Place Property was founded by experienced developer, Tim Price in early 2015 and has grown to now manage more than $3.5 billion worth of projects across the eastern seaboard. With Victoria Place, Time &amp; Place celebrates its 8th venture in property development, with more than 18 projects already under management.

Golden Age Group’s diverse development portfolio of residential and commercial has an estimated value of $4.2 billion with another $1.5 billion worth of projects in the pipeline. The developer is responsible for Melbourne CBD’s tallest residential building - <a href="/buildings/victoria-one-452-472-elizabeth-street-melbourne">Victoria One</a>, the world’s fourth slimmest building - the under construction <a href="/buildings/collins-house-melbourne-460-466-collins-street-melbourne">Collins House</a>, and <a href="/developments/melbourne-vic-3000">85 Spring Street</a> - currently at sales.

Upon completion, Victoria Place will provide a focus on wellness, targeting a 5-star Green Star office design, a 4.5-star NABERS (National Australian Built Environment Rating System) and 4.5-star WELL™ rating by the International WELL Building Institute; including fitness and lifestyle amenities such as 160 bicycle spaces, 22 showers, 308 lockers and a bike repair station.

According to Golden Age Group, the CBD’s historic low commercial vacancy rates and tightening of lending to residential buyers had created a favourable environment for the developer to focus on expanding its commercial portfolio. Time &amp; Place expects Victoria Place to "(raise) the bar for workplace design in Melbourne", via leading sustainability and productivity amenities.

Colliers International are managing the sales and leasing campaign, noting the strength of the East Melbourne commercial market is on the rise. An Expression of Interest process has been launched with more information available at: http://www.victoriaplace.com.au/

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/time_and_place_200victoriapde_foyer_render_sr.jpg" rel="gallery-all" title="Victoria Place's expansive, light-filled lobby. Image: Time &amp; Place"><img alt="" class="image-article-full-width-580px" height="416" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/time_and_place_200victoriapde_foyer_render_sr.jpg?itok=mamdoRpo" title="Victoria Place's expansive, light-filled lobby. Image: Time &amp; Place" width="580"></a>

<figcaption>Victoria Place's expansive, light-filled lobby. Image: Time &amp; Place</figcaption></figure><h2>What they say...</h2>

<blockquote>
The building offers natural light on three sides across generous floor plates between 2,100sqm and 2,750sqm. The lift core and floor plate are designed to allow for customisation, modern activity-based workplace designs and inter-floor vertical communities.

The site is positioned at the entry post from East Melbourne to the CBD, with the picturesque Fitzroy Gardens and the vibrant northern suburbs at its doorstep. It also boasts prime connections to public transport with a tram stop at the front door and Parliament Train Station a short five-minute stroll away.

The building will also be in the unique position to offer extensive car parking in a three-level basement accessed from Lansdowne street frontage. With the CBD on one side, the best of Fitzroy’s food on the other and direct access to the city’s best parks and gardens and the MCG sporting precinct, this is arguably the best office location in the city.

- Tim Price, founder and director of Time &amp; Place
</blockquote>

 

<blockquote>
We are proud to be co-developing alongside long-time collaborators Time &amp; Place on this benchmark project for Melbourne workplace design. As a nimble developer, we can quickly change our approach based on the strongest asset class at the time. As the conditions become favourable in the commercial market, we have moved quickly to solidify our position.

- Jeff Xu, Golden Age Group founder and managing director
</blockquote>

 

<blockquote>
The tightening office availability in the CBD speaks for itself. Further, the number of enquiries we have received has almost tripled for East Melbourne when comparing June YTD 2018 data to June YTD 2017; and we’re seeing almost 10 times more interest in terms of the amount of space asked for, due to larger requirements in the market and a desire to be situated on the literal CBD fringe.

- Andrew Beasley, Colliers International
</blockquote>
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Time & Place and Golden Age launch Victoria Place in East Melbourne

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Today we chat to an Apartments.com.au favourite in Beller's Fred Nucara. Fred discusses current commercial leasing trends, the 'MKR Effect', the impact UberEats and the like are having on food and beverage tenants, and how development can contribute to vacancies in the short term on high streets like Chapel Street.

Finally Fred gazes into his crystal ball to provide a forecast for the Melbourne market in 2019.

<iframe allow="autoplay" frameborder="no" height="166" scrolling="no" src="https://w.soundcloud.com/player/?url=https%3A//api.soundcloud.com/tracks/536078538&amp;color=%23ff5500&amp;auto_play=true&amp;hide_related=false&amp;show_comments=true&amp;show_user=true&amp;show_reposts=false&amp;show_teaser=true" width="100%"></iframe>
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Weekly Podcast - Episode 41: Beller's Fred Nucara talks commercial leasing

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Capital Alliance has appointed Icon Co to build its 17-storey The Docklands Residences, which will include a 200 room Marriott hotel - the first to be built in Australia in 20 years. Located within The District Docklands precinct, the $250 million mixed-use development has been designed by DKO Architecture, and will also include 100 oversized one to three-bedroom apartments in addition to Marriott Docklands.

The architects have conceived the development as two interlinked sculptural petal-shaped towers that will intersect with vertical plantings adding an element of nature while also providing privacy between apartments. The centrepiece of the development will be a rooftop infinity pool and serviced by an adjoining bar. At ground-level an additional bar, restaurant and laneway cafe will be open to guests, residents and visitors to the development.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/the_docklands_pool.jpg" rel="gallery-all" title="The Docklands Marriott will boast a 28m infinity pool. Image: Capital Alliance"><img alt="" class="image-article-full-width-580px" height="403" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/the_docklands_pool.jpg?itok=SOkCHT1v" title="The Docklands Marriott will boast a 28m infinity pool. Image: Capital Alliance" width="580"></a>

<figcaption>The Docklands Marriott will boast a 28m infinity pool. Image: Capital Alliance</figcaption></figure>The development will be built above the former Harbour Town shopping centre now known as The District Docklands - a retail, leisure and entertainment precinct on Waterfront Way. Hotel rooms and apartments will encompass views of the sunset in the west over the Bolte Bridge or views back towards the Melbourne skyline.

According to Capital Alliance, the Marriott Docklands represents an exciting landmark for the precinct and he was optimistic about what the project would offer future residents and guests.

Icon is the result of the recent merger of Icon Co and Cockram Australia to form one of Australia’s largest construction companies under parent company Kajima Corporation, with The Docklands Residences representing the company’s first major project delivered under the consolidated entity.

The Marriott Docklands joins WOODWORK - an 8-storey CLT office building of 8,000 sqm under construction within The District, with construction also progressing at The Market which will include a Woolworths supermarket, complimented by Dan Murphy’s and a large scale Asian grocer.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/the_district_construction.jpg" rel="gallery-all" title="Construction progress at The District. Images: Urban.com.au member redden"><img alt="" class="image-article-full-width-580px" height="216" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/the_district_construction.jpg?itok=GUv4Yvxk" title="Construction progress at The District. Images: Urban.com.au member redden" width="580"></a>

<figcaption>Construction progress at The District. Images: Apartments.com.au member redden</figcaption></figure>A new Entertainment and Dining Precinct recently opened featuring a HOYTS, Asian hawker-style restaurant 8Eight Street and micro-brewery Urban Alley Brewery plus entertainment by Archie Brothers Electric Circus. Icon will commence site establishment works on the Marriott Docklands next month with an expected completion date of mid-2020.

Early, last week it was also announced that MAB had received approval for its NewQuay West Master Plan. Look out for our Q&amp;A with MAB General Manager - Residential, David Allt-Graham.

<h2>What they say...</h2>

<blockquote>
Icon Co has a strong reputation in delivering high quality projects and we are confident they will deliver on this landmark project for Docklands. It’s been a long time coming for this project, so we’re tremendously excited in moving forward to commencing construction shortly and delivering the Docklands Residences and the first Marriott to be built in Australia in 20 years.

- Mohan Du, Capital Alliance founder and Chief Executive
</blockquote>

<blockquote>
This is a significant and exciting project for Melbourne and Icon is thrilled to be playing a major part. In the past 18-months, hotels have made a real comeback in Melbourne, and the Marriot Docklands will be one of the first international luxury offerings to be completed in this wave - an accomplishment we will be extremely proud of.

- Evan Byrne, Icon Director
</blockquote>

<blockquote>
This marks another significant milestone in the continued evolution of the precinct. More importantly, it highlights the rapid growth and extensive development pipeline in the area, which reinforces our vision of creating a world class ‘urban village’ and underpins our long-term investment strategy in The District and the broader Docklands precinct.

- Michael Moss, AsheMorgan Principal and owner of The District Docklands
</blockquote>

 
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Icon Co Appointed to build Docklands Marriott

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MAB has unveiled its vision for the completion of its NewQuay precinct, following State Government approval the NewQuay West Masterplan, which represents the final stages of the 14-hectare site. The endorsed plan features a 4,000 sqm linear park linking NewQuay's Central Park and the Ron Barassi Snr sports reserve at the western end of NewQuay, in addition to five new residential buildings. The AFL is expected to relocate to an adjacent waterfront site to facilitate the Marvel Stadium redevelopment in the coming years.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/newquay_aerial.png" rel="gallery-all" title="NewQuay aerial showing the approved Master Plan for NewQuay West in context. Image: MAB"><img alt="" class="image-article-full-width-580px" height="410" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/newquay_aerial.png?itok=p5y7-5GP" title="NewQuay aerial showing the approved Master Plan for NewQuay West in context. Image: MAB" width="580"></a>

<figcaption>NewQuay aerial showing the approved Master Plan for NewQuay West in context. Image: MAB</figcaption></figure>Urban.com.au spoke to MAB General Manager - Residential, David Allt-Graham about the company's vision for the last piece of the NewQuay puzzle.

Urban.com.au: The NewQuay West Master Plan has undergone a number of iterations over the years - what were some of the key drivers behind the current Master Plan?

David Allt-Graham: The major driver has been the collaboration with Government to plan and deliver the Ron Barassi Snr Park and forge connections with the Linear Park to create a pedestrian ‘green-spine’ through the middle of NewQuay. 

U: The Master Plan allows for greater height than NewQuay East - was this in response to MAB providing land for the creation of Ron Barassi Snr oval?

DA-G: Early plans of the West had vague concepts for open space next to the Bolte Bridge but it was not big enough for playing fields. MAB has surrendered 1.7 Hectares of land to facilitate the creation of the Ron Barassi Snr Park and MAB’s remaining land will be more densely developed. 

U: With the latter buildings in NewQuay East and more recently with NewQuay Central, MAB has engaged a variety of architects to add diversity to the precinct - will this be the case for NewQuay West and what will the process be for selecting the architects? Design competition or yet to be determined?

DA-G: We are happy with the variety of design that is emerging in NewQuay and we feel that this has been well received by Melburnians.  The quality of architects in Victoria is exceptional and we like to work with locals.  We are currently working on concept designs for two new buildings, both with architects who are new to MAB and were selected because they were a strong fit with the brief.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/mabc9697_newquay_west_e01_precinct_view_from_water.jpg" rel="gallery-all" title="The approved Master Plan will add a further five buildings to NewQuay. Image: MAB "><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/mabc9697_newquay_west_e01_precinct_view_from_water.jpg?itok=_DUbvaa-" title="The approved Master Plan will add a further five buildings to NewQuay. Image: MAB " width="580"></a>

<figcaption>The approved Master Plan will add a further five buildings to NewQuay. Image: MAB</figcaption></figure>U: When do you expect the first building at NewQuay West to be released to the market and how long do you anticipate the full completion of the NewQuay to take?

DA-G: Our current apartment project Escala is 70% sold and this is the final stage in the East of NewQuay.  The first NewQuay West project is likely to be released in early 2020, once we receive planning approval.  The final five residential stages are in the West and we expect that a new project will be released each year thereafter.

U: Any update on the status of 396 Docklands Drive and The Quarter?

DA-G: MAB continues to actively market this project and there are currently strong opportunities in the market for this project.  The site is 1 hectare which is increasingly rare and gives us great flexibility with tenants looking for large format floor plates.  Our Escala Workspaces are also being marketed and we expect that project will strengthen NewQuay’s credentials with prospective local businesses and tenants.
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MAB's David Allt-Graham on the vision for NewQuay West

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Cnstrct is a platform designed by architects - for architects, fusing high-quality design, offsite manufacturing and technology to simplify the design-and-build process worldwide.

The brainchild of architect-builder Joel Hutchines, the tech startup’s free software platform aims to put architects in the driver’s seat, revolutionizing the design and construction of buildings while resolving the inefficiencies that have plagued these industries for decades., according to Hutchines.

Cnstrct’s concept taps into Hutchines’ experience in architecture, construction, business and manufacturing management and will combine those strengths with state-of-the-art software developed specifically for the platform; resulting in better built outcomes - completed faster, smarter and cheaper.

Hutchines identified a $1.6 trillion opportunity in closing the productivity gap within the construction industry arguing it must start through rethinking the value of design and empowering architects.

<blockquote>
We are seeing significant changes in the industry with large amounts of capital being invested into ‘disruptors’, but I’ve yet to see one focused on architecture and high-quality design. The goal with Cnstrct is to provide an architect-driven platform that makes affordable customized design available to everyone. The future of architect-lead construction will result in superior, site specific, mass customized architecture.

Architects won’t need to fight for their design intent to be implemented through the building process and they can guarantee clients that their project will be completed on time and within budget. Cnstrct will help bring their visions to life, enabling them to spend their time designing. It will be the end of cookie-cutter, over standardized manufactured buildings that have no relevance to site or context

- Joel Hutchines, Cnstrct Founder and CEO
</blockquote>

Joel started his career as a carpenter but quickly found his creative side and began to explore the idea of being both a designer and builder. This lead him to study Architecture at Bond University, where he discovered the power of computer-aided design and digital fabrication.

Following his tenure at Shigeru Ban Architects, based in Tokyo, Joel co-founded Studio Workshop, a multi-disciplinary design-build firm that is equal parts design studio and fabrication workshop. His unique skill set quickly made him a desirable asset to many construction project teams; resolving complex structures with the implementation of modern construction methods and offsite manufacturing technology.

In its first 2 weeks following the soft launch of the Cnstrct website, 500 architect, interior design and property developer users across 12 countries have pre-registered, indicating their interest in using the platform. This gives Cnstrct an estimated yearly pipeline of construction work valued at over $27 billion and growing.

 

<iframe allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/BH8uEwaV9FQ" width="560"></iframe>

<h2>The Process</h2>

First, users will create a digital twin of their building using Cnstrct’s intuitive modeling software. The modeling process will be supported by an advanced AI system and a team of virtual consultants, which will assist the user in making real-time decisions regarding the design, engineering, code compliance, and procurement for their projects, as well as planning the logistics of onsite assembly. This software will also provide users with real-time cost and schedule updates, streamlining pre-construction and eliminating the need for value management.

Once a digital model is created it will then be sent to one of Cnstrct's local production facilities, which will utilize the latest technologies in computer-aided manufacturing, 3D printing, robotics and autonomous procurement to fabricate all of the necessary building components.

CNSTRCT is exploring manufacturing capabilities which could include:

<ul>
<li>Metal and timber framing</li>
	<li>Floor and roof cassettes</li>
	<li>CLT and glulam</li>
	<li>Wood joinery</li>
	<li>Precast concrete</li>
	<li>Structural steel</li>
	<li>Stone processing</li>
	<li>Windows and doors</li>
	<li>Custom architectural features</li>
	<li>Prefabricated bathrooms</li>
	<li>Large format 3D printing</li>
	<li>Extensive supply chain</li>
</ul>
Cnstrct is now accepting Pre-registrations. <a href="https://www.cnstrct.tech/register">Click here</a> to sign up for free.

By registering, you will help determine the ideal locations for the first Cnstrct facilities. You will also be eligible to gain access to the beta version of the software upon its launch, as well as updates, insights and opportunities to customize the platform for your geographic area.
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Cnstrct seeks to simplify the way buildings are designed and built

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Having announced that it is partnering with Victoria University to deliver its vertical city campus earlier this month, ISPT is wasting no time in getting the project off the ground, appointing Probuild as the head contractor for the project. The 24,000 sqm NLA vertical campus will be developed at 364-378 Little Lonsdale Street site and will include office and teaching space for key academic activities in addition to the integration of heritage and archaeological elements.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/vu-1-621x1000.jpg" rel="gallery-all" title="VU Tower will enliven the north-west corner of Melbourne's CBD. Image: ISPT"><img alt="" class="image-article-full-width-580px" height="934" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/vu-1-621x1000.jpg?itok=zn_tpR_o" title="VU Tower will enliven the north-west corner of Melbourne's CBD. Image: ISPT" width="580"></a>

<figcaption>VU Tower will enliven the north-west corner of Melbourne's CBD. Image: ISPT</figcaption></figure>The $200 million+ Daryl Jackson designed project includes the delivery of an integrated fitout by Woods Bagot, and upon completion will become Melbourne’s tallest vertical campus. Demolition works will commence in December this year, with project completion due prior to the end of 2021, in time for the 2022 academic year.

Probuild is currently applying the finishing touches to its other project for ISPT - 271 Spring Street and is also delivering some of Australia’s largest construction projects including The Towers and Ritz Carlton at Elizabeth Quay in Perth, Queens Wharf in Brisbane, Aurora Melbourne Central, West Side Place and The Greenland Centre in Sydney.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/271_spring_redden.jpg" rel="gallery-all" title="271 Spring Street is approaching completion. Image: Urban member redden"><img alt="" class="image-article-full-width-580px" height="435" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/271_spring_redden.jpg?itok=j0cammt8" title="271 Spring Street is approaching completion. Image: Urban member redden" width="580"></a>

<figcaption>271 Spring Street is approaching completion. Image: Urban member redden</figcaption></figure><h2>What they say...</h2>

<blockquote>
Significantly, this project signals Probuild’s re-entry into the University sector. This is our first vertical education campus and we’re looking forward to adapting our industry-leading expertise in high-rises to suit education needs.

Victoria University is expanding their CBD presence in order to provide industry-best learning spaces and attract the very best students. Probuild is excited to be working alongside ISPT to deliver the next generation in University development.

- Luke Stambolis, Probuild Victorian Managing Director
</blockquote>

 

<blockquote>
 
Following the successful ISPT acquisition of three Melbourne CBD properties offered to the market by Victoria University, ISPT is pleased to collaborate with Probuild to now deliver Melbourne’s tallest vertical campus, with a long term lease back to the University.

Once complete, the tower will anchor this burgeoning knowledge precinct and add to the growing portfolio of properties delivered by ISPT as the sole developer and long-term owner. This project is a key addition to our development workbook and represents an important extension of our investment into the education sector.

- Jason Lourensz, ISPT’s Senior Development Manager  
</blockquote>

<h2>Probuild's Construction Pipeline</h2>

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Probuild appointed for $200m Victoria University Tower

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Montalto Properties is pushing ahead with its <a href="/buildings/parkside-by-the-river-2-ballarat-road-footscray">Parkside</a> residential project at 2b Ballarat Road in the burgeoning suburb of <a href="/new-apartments/footscray-vic-3011">Footscray</a>. Designed by <a href="/architects/ma-architects">MA Architects</a> the boutique development of 23 residences capitalises on never-to-be-built-out views over Flemington Racecourse and the Maribyrnong River. The five-storey development replaces an at grade car park and sits east of a series of walk up flats.

Due to the nature of its park side location - which unsurprisingly was the inspiration for the project name - the development has been designed 'in the round' according to MA Architects' Karen Alcock, who sat down with Apartments.com.au to discuss the design strategy behind Parkside. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/5150_flemington_apartments_9302-yt_1029.jpg" rel="gallery-all" title="The view from the balcony across the Maribyrnong River. Image: Supplied"><img alt="" class="image-article-full-width-580px" height="435" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/5150_flemington_apartments_9302-yt_1029.jpg?itok=zRJL7sld" title="The view from the balcony across the Maribyrnong River. Image: Supplied" width="580"></a>

<figcaption>The view from the balcony across the Maribyrnong River. Image: Supplied</figcaption></figure>Karen describes the site as a "bloody unique opportunity" and she would know, having spent the best part of the last 20 years working on multi-residential and award winning housing projects. Karen established MA Architects after 10 years as a co-director of Neometro Architects and brings a strong design focus to projects, ensuring the practice delivers something surprising and buildings which work, particularly at the ground level.

Karen says Parkside has been designed to open up to the north aspect, while its base is landscaped to soften the car park frontages with a pergola provided to the street, with practical experience dictating the use of wisteria and vines. At the same time Karen emphasises the importance of designing buildings which are still good to look at while the vegetation takes time to flourish. Projects which rely too much on vegetation to conceal poor architecture are still poor buildings, she argues.

In terms of the spatial planning of Parkside, the two and three-bedroom apartments have been located along the north, one-bedroom apartments to the south while a series of penthouses occupy the top floor above the three floors of typical apartments. Irrespective of size however, Karen says that the practice always approaches the design of apartments in the same manner they would approach the design of a house, that is with a sense of longevity so that it feels like somewhere you could live in for a long period.

Historically MAA-designed projects have also utilised outdoor blinds to balconies which are size appropriately and practical to use, and Parkside is no different. The practice's work has also traditionally featured kitchens and bathrooms which are interesting but simple, with Karen noting that houses are "more than just kitchens" and that it's crucial to "make sure the bones are right" ie providing a robust shell that requires little maintenance.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/1-5150_flemington_apartments_9302_kitchen_1114.jpg" rel="gallery-all" title="A typical kitchen at Parkside. Image: Supplied"><img alt="" class="image-article-full-width-580px" height="290" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/1-5150_flemington_apartments_9302_kitchen_1114.jpg?itok=eo0lox2U" title="A typical kitchen at Parkside. Image: Supplied" width="580"></a>

<figcaption>A typical kitchen at Parkside. Image: Supplied</figcaption></figure>During the early days of Neometro, they would often ask themselves the question "would you want to live here?" and this still resonates with the projects Karen and her team are working on today, and this ethos certainly informed the design of Parkside.

Parkside adds to Footscray's development pipeline, with the inner city suburb fast becoming a major metropolitan activity centre to cater for the predicted 40% growth Melbourne's west is expected to experience in the next 40 years. An interactive round up of development activity within Footscray is illustrated in Apartments.com.au's map below:

<iframe frameborder="0" height="420px" src="https://www.urban.com.au/developments/footscray-vic?embeddable=map" width="100%"></iframe>
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MA Architects' Karen Alcock discusses Parkside, Footscray

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This week I sit down with Simon LeNepveu of architecture and urban design practice, ClarkeHopkinsClarke to discuss the office's involvement in a research project, ‘Building Connections’, designed to support school systems and planning authorities in rethinking how schools engage with local communities and urban surrounds. 

Simon is part of an expert research panel, led by The University of Melbourne’s Dr. Ben Cleveland, for the research project which explores the idea of schools being used as community hubs and utilising them beyond the hours of 9.00am to 3.30pm. 

<iframe allow="autoplay" frameborder="no" height="166" scrolling="no" src="https://w.soundcloud.com/player/?url=https%3A//api.soundcloud.com/tracks/533239065&amp;color=%23ff5500&amp;auto_play=true&amp;hide_related=false&amp;show_comments=true&amp;show_user=true&amp;show_reposts=false&amp;show_teaser=true" width="100%"></iframe>
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Weekly Podcast - Episode 40: CHC's Simon Le Nepveu

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St Kilda's landmark Esplanade Hotel or "The Espy" - as it is affectionately known - is reopening its doors following an extensive two year refurbishment undertaken by owners Sandhill Road and long time collaborators, Technē Architecture + Interior Design. The 140 year-old icon has been reborn via a design strategy which celebrates the story of the landmark venue and its rich layers of history.

First built in 1878, The Espy has experienced a number of alterations and additions over the years - namely in the 1920's and 1970's - before being acquired by Carlton and United Breweries in 1995 and then by Becton Corporation in 1997.  Becton sought to develop a 35-storey residential tower on the site, which was eventually scaled back to a more modest seven-storeys following strong community opposition. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/espy201801-010.jpg" rel="gallery-all" title="Technē's design uncovers and celebrates the Espy's layers of history. Image: Supplied"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/espy201801-010.jpg?itok=99TyVLpR" title="Technē's design uncovers and celebrates the Espy's layers of history. Image: Supplied" width="580"></a></figure>The Espy, represents Technē’s largest and most complex hospitality undertaking to date, and is 50 per cent larger than <a href="/news/garden-state-hotel-previously-known-as-rosati">Garden State Hotel</a>, which Technē also worked on with Sand Hill Road. Technē's design strategy reflects Sand Hill Road’s vision for the venue; highlighting the different eras across 12 bars, two restaurants and a variety of discrete spaces totalling 3,000 sqm which can accommodate up to 1,780 patrons.

Since day one, The Espy has been a Victorian-era seaside resort and the hotel home to notable personalities such as entrepreneur, art collector and philanthropist Alfred Felton. It’s been a jazz-era ballroom and a rock and roll mainstay from the 1990s until 2015 when it closed for renovation.

Technē's design features three different spaces capable of accommodating a range of performances from intimate jazz or stand-up comedy to rock bands drawing big crowds in the Gershwin Room - a space which Technē has left largely untouched. 
The Espy further celebrates its musical heritage with vintage rock posters on display throughout the building, sourced from the venue’s archives. The renovations have also opened up and activated the Espy's second level, expanding the public offering from two levels to four. An operable glass roof has been provided over the famous terrace entrance and highlights the grand stairway that connects the building’s different levels.

On the ground floor, the foyer’s grand arch windows provide a visual connection through to the Main Bar and to a cellar door-inspired dining area, complete with wine barrels filling the walls, and kitchen beyond. The former Espy kitchen has been re-imagined as a public bar featuring traditional curved oak detailing.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/espy201801-003.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/espy201801-003.jpg?itok=MgDHIAnj" width="580"></a></figure>Cantonese restaurant Mya Tiger is located on the first floor and draws inspiration from the famous Raffles Hotel in Singapore, providing patrons with views of Port Phillip Bay in addition to the activity on the terrace below. Felton’s spirit of art collecting and as a host of salons for the creative community informs the Technē design response on the second floor. 
Other areas include a small mezzanine-level function room and the 1950s inspired Studio Bar on the ground floor, a space that patrons can book to record podcasts, providing what Technē term “a slightly more modern character” compared to some of the venue’s other restored spaces, with diner-style booths and ’50s-style wood panelling. (As an aside, Apartments.com.au is looking at recording an episode of our <a href="/guides">podcast</a> with Technē in the space.)

A series of hand-painted, period-style murals by Perth artist Desmond Sweeney (8 Foot Walls) provide a unique design feature, with one occupying an entire eight metre wall in the the Green Room.

Technē worked closely with Sand Hill Road stylist Eleisha Gray on conceiving the interior design and decor of the reborn Espy, curating a selection of imported furniture and decorative objects in keeping with the overall narrative. A tribute to The Espy’s heyday, Technē and Sandhill Road's transformation will ensure the St Kilda landmark remains one of the oldest, largest and most prominent 19th-century hotel resorts still operating in Victoria. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/espy201801-006.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/espy201801-006.jpg?itok=FIkHqeiE" width="580"></a></figure>In addition to The Espy redevelopment, a host of other projects such as the recently completed Gatwick Hotel redevelopment as part of The Block TV series, and the <a href="/developments/st-kilda-vic-3182">Victorian Pride Centre</a> are breathing new life into <a href="/developments/st-kilda-vic-3182">St Kilda</a>. A snapshot of the the area's development pipeline is captured below.

<iframe frameborder="0" height="420px" src="https://www.urban.com.au/developments/st-kilda-vic?embeddable=map" width="100%"></iframe>

<h2>What they say...</h2>

<blockquote>
There’s something about this Hotel that captures the imagination like no other.

These are the things we determined to keep at the forefront of our minds as we conceived the look, feel and spaces of the new Espy – age, grandeur, history, arts – and respect for what it took to keep her alive all these years.

- Matt Mullins, Sand Hill Road director 
</blockquote>

 

<blockquote>
There is no other hotel or food and beverage project in the city that is as big and complex as The Espy. Working with a building with such an interesting history has extended our entire working process.

The design is unique because it focuses entirely on historical layering. Different eras and styles call to each other across the spaces – making for an eclectic customer exploration – and this is united throughout by exposing the good bones of the original building.

In a design sense, the glass roof allows the old building to be viewed as it was before the art deco bay window extension was added to it. There's that element of Victorian grandeur that is coming back into the ground level foyer and elsewhere.

Alfred Felton’s ghost benevolently haunts the rooms on the second level. His story is more clearly explained than it has ever been and the renovation opens up spaces to the public that have not been seen since the early 20th century when they became boarding rooms.

We imagined this level as a Victorian parlour with small rooms, small bars filled with curios and little art works. There is a library and a salon – one of the spaces is called The Pharmacy because Alfred Felton made his money in part as a manufacturing chemist.

- Justin Northrop, Technē Director
</blockquote>

 

<blockquote>
People have a real connection to the Gershwin Room. We’ve refreshed the bar but wanted to make sure the whole space still feels recognisable. Our design concentrates on the building’s heritage and does not aim for a contemporary makeover.

We hope it will be hard to tell which sections are original details and which things have been recreated. This approach is new for us and also it’s also largely new in Melbourne; it’s more familiar in Europe where this architectural tradition is much older.

- Nick Travers, Technē Director 
</blockquote>

All images supplied by Technē.
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The Espy - A St Kilda landmark is reborn

Longstanding Gold Coast and Canberra developer <a href="https://www.apartments.com.au/developers/morris-property-group">Morris Property Group</a> is continuing to roll on with its Glitter Strip apartment pipeline, seeking to return to Mermaid Beach with a new 68-apartment development.

Morris, founded by Barry Morris in 1978 and one of the Gold Coast’s most prolific apartment developers over the past two decades, has filed plans for a 12-storey mixed-use building at <a href="https://www.apartments.com.au/new-apartments/36-seabeach-avenue-mermaid-beach-qld-4218">34-36 Seabeach Avenue</a>, on the prized eastern side of the Gold Coast Highway.

The 1,227 sqm site occupies a prominent corner position at Seabeach Avenue and the Gold Coast Highway, opposite the Mermaid Plaza retail and office precinct and around 140 metres walking distance from the future Mermaid Beach South light rail station.

<a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser &amp; Partners</a> has designed the project, which will comprise 68 apartments across a mix of 48 two-bedroom and 20 three-bedroom residences.

The building will rise 12 storeys, reaching a maximum height of 36 metres, with the apartments accounting for a total of 156 bedrooms. The development application also seeks approval for short-term accommodation across the 68 apartments, while two office tenancies are proposed at ground level.

The plans show 108 car spaces across the development, with parking accommodated at ground level and within a three-level basement accessed from Seabeach Avenue.

<img alt="Seabeach Avenue and the Gold Coast Highway" data-entity-type="file" data-entity-uuid="c2175c99-12fd-4a3c-9be1-89bbf258a90d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-20%20at%202.59.41%E2%80%AFPM_0.png?VersionId=iNLzWcE6gaAE76rafhEXfHve.4g4Se0p" />

Resident amenity will be concentrated on level two, where Fraser &amp; Partners has designed a recreation deck with a swimming pool, 90 sqm pool terrace, outdoor barbecue area and gym.

The broader communal offering will also incorporate landscaped spaces, with the planning documents noting the amenity has been designed to provide areas for recreation, social interaction and outdoor living.

The proposal would continue the transformation of the Gold Coast Highway corridor through Mermaid Beach ahead of the arrival of the light rail.

The site is zoned Neighbourhood Centre and sits within the Mermaid Beach/Broadbeach Light Rail Corridor neighbourhood plan. While the prescribed building height is 24 metres, the site is identified within an Urban Neighbourhood context providing for a 50 per cent height uplift to 36 metres.

Planning documents describe the stretch of the Gold Coast Highway between Broadbeach and Nobby Beach as increasingly characterised by medium and high-rise development, with the proposed Morris tower joining projects including Ventura, The Alfred, Oceans and Otto.

<img alt="Seabeach Avenue and the Gold Coast Highway" data-entity-type="file" data-entity-uuid="911f193f-e381-4a55-be08-58be87fcf978" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-20%20at%202.59.48%E2%80%AFPM.png?VersionId=oxVvLJaY.SOXEdXrIcogfyEXDfvCmmpM" />

The development would mark Morris Property Group's latest investment in Mermaid Beach, where it has already delivered two apartment projects.

Otto, at 1 Bondi Avenue on the western side of the Gold Coast Highway, comprises 70 apartments across nine storeys. The project was completed in 2019 and includes a residents' gym, recreation deck and swimming pool.

Morris also developed Oceans at 46 Ocean Street, a nine-storey, 70-apartment build-to-rent development completed in 2019. Oceans was the group's first build-to-rent project and incorporates commercial space at ground level.

The two existing Morris projects sit further north along the same Gold Coast Highway corridor as the proposed Seabeach Avenue development. Fraser &amp; Partners' planning analysis specifically identifies both Otto and Oceans among the established built-form precedents surrounding the site.

<img alt="Seabeach Avenue and the Gold Coast Highway" data-entity-type="file" data-entity-uuid="14925119-7b71-4812-8149-340317512c7c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-20%20at%203.00.15%E2%80%AFPM.png?VersionId=aEJqYuw_nTCjcin17BSD0piB1EFotTlj" />

Mermaid Beach represents only part of Morris' considerable Gold Coast footprint.

The family-owned developer has been particularly active in neighbouring Broadbeach, delivering projects including Sierra Grand, Eclipse, Synergy, Qube, Koko, Opus and Malo, while its current pipeline includes Maison and the two-tower Crest development.

Further south, Morris has also developed a string of projects in Burleigh Heads, including Element, Boardwalk and Sandbar, while Essentia expanded its footprint north into Surfers Paradise.

The Seabeach Avenue application has been lodged by PMM Broadbeach Pty Ltd and seeks a development permit for a Material Change of Use for multiple dwellings, short-term accommodation and office uses. Zone Planning Group prepared the planning application, with Fraser &amp; Partners commissioned as architect.

The project comes as the developer continues to expand its Gold Coast pipeline while retaining a significant presence in Canberra. Morris now has more than $2.5 billion of development in its national pipeline and has delivered more than 7,000 homes during its near five-decade history

Joel Robinson

First look: Morris Property Group returns to Mermaid Beach with new Seabeach Avenue apartment development

<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/developers/fortis&amp;source=gmail&amp;ust=1787272340808000&amp;usg=AOvVaw3hvFB2uWTRfEyEcpTSnnK9" href="https://www.apartments.com.au/developers/fortis" target="_blank">Fortis</a>&nbsp;is continuing its stronghold on Sydn​ey’s eastern suburbs apartment market, launching&nbsp;in September&nbsp;its latest boutique&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/developments/double-bay-nsw-2028&amp;source=gmail&amp;ust=1787272340808000&amp;usg=AOvVaw0GI5S9-wNeiLUnM-d1uYkw" href="https://www.apartments.com.au/developments/double-bay-nsw-2028" target="_blank">Double Bay</a>&nbsp;development,&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/new-apartments/55-william-double-bay-55-william-street-double-bay-nsw-2028&amp;source=gmail&amp;ust=1787272340808000&amp;usg=AOvVaw2YNouJQcFjiTTgVHbgDLA-" href="https://www.apartments.com.au/new-apartments/55-william-double-bay-55-william-street-double-bay-nsw-2028" target="_blank">55 William</a>.

55 William presents&nbsp;just eight north-facing&nbsp;two-bedroom, three-bedroom and full-floor&nbsp;residences to the market, priced from $4.5 million.

The upcoming launch comes just weeks after Fortis secured approval for the $80 million development, its third eastern suburbs approval in two months. Construction is already underway, with completion targeted for 2028.

[smartcode_project:default project_id=152579 project_image_fid=376250]

55 William adds to a growing concentration of Fortis projects in and around Double Bay, a market the developer has become increasingly active in over recent years.

Fortis previously completed the nine-residence Marmont on New South Head Road, while it is currently developing a mixed-use residential and retail project at 12 Cross Street. Its wider Double Bay footprint also extends into commercial and retail development.

The developer's broader Sydney residential pipeline is particularly concentrated across the eastern suburbs, with projects spanning Doub​le Bay, Ro​se Bay, Wo​ollahra, Dar​ling Point, Poi​nt Piper and Eli​zabeth Bay.

[smartcode_project:default project_id=152579 project_image_fid=376253]

At 55 William, Fortis has again turned to MHN Design Union, the architecture practice behind several of its eastern suburbs projects, while London-based 1508 London has been appointed to handle the interiors and Wyer &amp; Co the landscaping.

The six-level building will comprise a combination of two and three-bedroom apartments, including a garden residence, full-floor apartments, a sub-penthouse and penthouse. Each residence will have secure basement parking and private outdoor space.

A rooftop terrace for all residents, along with select apartments, enjoys views across Double Bay Harbour and toward the Sydney skyline.

Ceiling heights will reach up to three metres&nbsp;in select residences, while the kitchens will feature natural stone and integrated Gaggenau appliances.

&nbsp;

&nbsp;

The boutique nature of the project reflects the type of stock Fortis has increasingly targeted across Sydney's eastern suburbs, where larger apartments and smaller buildings are being pitched primarily toward local owner-occupiers and downsizers.

Fortis Group General Manager Ed Eve said the developer continues to see demand from buyers wanting to remain in the eastern suburbs but move into newer, lower-maintenance housing.

“We're seeing continued demand from local owner-occupiers and downsizers looking for high-quality homes that allow them to remain in the eastern suburbs, close to the lifestyle and community they know,” Eve said.

55 William is also one of the early projects to respond directly to the NSW Government's Low and Mid-Rise Housing reforms. Fortis had previously secured approval for just two townhouses on the 599 sqm site before revising the scheme to eight apartments following the planning changes.

Situated one street back from Double Bay's water's edge, the project enjoys an enviable harbourside setting within walking distance of Double Bay Village and the ferry wharf.

[smartcode_project:default project_id=152579 project_image_fid=376252]

Fortis has increasingly made the eastern suburbs a major focus of its Sydney pipeline. Beyond Double Bay, it recently completed the 14-residence Piper in Point Piper and has projects underway or planned across Rose Bay, Woollahra and Darling Point.

The developer recently secured approval for Verano in Rose Bay, a six-level development comprising 21 two, three and four-bedroom apartments, also designed by MHNDU.

55 William&nbsp;is soon to be release to the market with VIP appointments commencing early September,&nbsp;with residences priced from $4.5 million.

[smartcode_project_cta:default project_id=152579]

Fortis continues eastern suburbs push with 55 William launch

UAE-based developer Arada has unveiled plans for a $2 billion twin-tower apartment development in Broadbeach, marking its first move into Queensland as it continues its rapid expansion across Australia.

Arada will develop 952 apartments across two towers on a prominent site opposite the Gold Coast Convention and Exhibition Centre, with the project targeted for completion ahead of the Brisbane 2032 Olympic and Paralympic Games.

The project represents Arada's largest commitment to the Australian market since arriving in the country in 2024 and significantly expands a local pipeline that has now grown to eight projects and more than 5,000 homes.

It will also be the first major Queensland project delivered by Roberts Co since the tier-one contractor was acquired by Arada Group in 2025.

Plus Studio has designed the Broadbeach development, which will comprise one, two and three-bedroom apartments across two towers connected by a landscaped podium.

A significant resident amenity offering will include lagoon and lap pools, a gym, sauna and steam room, alongside a mist room, infrared room and salt scrub facilities. Communal terraces, private dining areas, a library, residents' lounge and work-from-home spaces are also planned. Around 1,200 sqm of retail and hospitality space will occupy the ground floor.

The site puts Arada in one of the Gold Coast's most active apartment markets, directly opposite the convention centre and within walking distance of Pacific Fair, The Star Gold Coast and Broadbeach's dining and retail precinct.

It also has immediate access to the Gold Coast light rail network and sits just a few blocks from the beach.

Arada Group Chief Executive Ahmed Alkhoshaibi said Broadbeach represented an opportunity for the developer to expand beyond its initial NSW pipeline.

“Broadbeach is a world-class address that gives us the canvas to create a community of exceptional design and lifestyle quality that genuinely enriches the daily lives of the people who call it home,” Alkhoshaibi said.

“This is our first development outside New South Wales, and it reflects our growing ambition to grow in key urban markets around the country.”

Alkhoshaibi said bringing Roberts Co into the project would give Arada greater control over the development and construction process.

“Delivering this project through Roberts Co, our own tier-one construction business, means we can bring the quality, pace and accountability that our buyers expect.”

The move into Broadbeach comes as Arada accelerates its Australian expansion following its entry into the market two years ago. The developer has assembled a pipeline of eight projects comprising more than 5,000 homes, while the acquisition of Roberts Co last year gave the group its own Australian construction capability.

Globally, Arada has a development portfolio valued at $50 billion comprising more than 55,000 homes across the UAE, United Kingdom and Australia.

The Gold Coast is emerging as the next major market for the developer, with strong population growth and infrastructure spending ahead of the 2032 Games continuing to underpin significant apartment development across the coastal strip.

Arada plots $2 billion Broadbeach towers in major Queensland move

Sydney’s downsizer market is changing, with a growing cohort of buyers prioritising the right home over simply finding a smaller one.

Coronation Property Head of Sales Cam Porter says the traditional idea of downsizing does not necessarily reflect what many buyers are now looking for, particularly those moving from established family homes across Sydney.

Instead, he says they are increasingly becoming “right-sizers”, seeking lower-maintenance homes without sacrificing the space, amenity or quality they have become accustomed to.

“We are increasingly seeing buyers who are not motivated by the idea of simply moving into a smaller property,” Porter says.

“They are right-sizers. They want a home that is easier to manage and better connected, but they still expect generosity, quality and a floorplan that supports the way they live.”

It is a subtle but important distinction in a market where apartment developers are increasingly targeting established owner-occupiers.

[smartcode_project:default project_id=135149 project_image_fid=377495]

For many of these buyers, moving from a house to an apartment is not driven by a desire to dramatically reduce their living space. Instead, the appeal is in removing some of the maintenance associated with a larger home while retaining generous living areas, storage and enough flexibility to accommodate family and friends.

Coronation’s sales team is seeing buyers place particular importance on natural light, practical storage and additional rooms that can be used as guest bedrooms, home offices or secondary living spaces.

Kitchens and dining areas are also playing an increasingly important role, particularly for buyers who regularly entertain or have children and grandchildren visit.

[smartcode_project:default project_id=135149 project_image_fid=377494]

“These buyers still want their home to feel generous,” Porter says.

“They may want less maintenance, but they are not looking for less life.”

The challenge for the broader housing market is providing enough of the right stock to encourage that move.

While much of the discussion around Sydney’s housing shortage has centred on the number of homes being delivered, Porter says the diversity of those homes is equally important.

Older homeowners can remain in large family houses for longer when they cannot find an appropriate alternative in the neighbourhoods where they have built their lives.

“The decision is rarely as simple as wanting fewer bedrooms,” Porter says.

“People are weighing up their connection to a neighbourhood, the space they need for family, the quality of the home and whether it will continue to work for them over the long term.”

It also has implications beyond the downsizer market. Providing suitable apartments for smaller households can free up established houses for families who need the additional bedrooms and land, creating greater movement through the housing market.

<h2>Lillian targets the next stage of apartment buyer</h2>

It is a buyer Coronation is targeting at <a href="https://www.apartments.com.au/new-apartments/lillian-erskineville-9-metters-street-erskineville-nsw-2043">Lillian</a>, its new collection of apartments, terraces and penthouses at Erskineville Village.

Designed by Silvester Fuller, Lillian has been shaped around larger living spaces, natural light and flexible floorplans, alongside landscaped areas, wellness amenity and communal spaces for residents.

The development will form part of Coronation’s broader Erskineville Village precinct, which will combine new homes with green space, retail, hospitality and new pedestrian connections.

[smartcode_project:default project_id=135149 project_image_fid=377688]

McPherson Park will sit at the centre of the precinct, creating a significant new green space alongside the project’s retail and hospitality offering.

For Porter, the opportunity is to give buyers another housing option without forcing them to leave the part of Sydney they already know.

“People should be able to change the type of home they live in without having to change their entire life,” he says.

“For many buyers, Lillian offers the opportunity to remain connected to the Inner West and the city, while gaining access to a more convenient, walkable and considered way of living.”

[smartcode_project:default project_id=135149 project_image_fid=377687]

Coronation will explore the changing <a href="https://lillianresidences.com.au/news/lillian-x-space-x-downsizers-event-27-august/">right-sizer market at an event on August 27</a>, bringing together experts across property, design and lifestyle.

Held in partnership with SPACE, Poliform and Downsizer.com.au, the event will include a property market outlook from economist Michael Blythe alongside discussion around the considerations facing buyers planning their next move.

Attendees will also be able to learn more about the residences and amenity planned at Lillian Erskineville.

[smartcode_project_cta:default project_id=135149]

From downsizing to right-sizing: What Sydney buyers want from their next home

Family-owned builder and developer <a href="https://www.apartments.com.au/developers/omaya">Omaya</a> is bringing its 27-storey The Maybelle development to market, with the 229-apartment tower rising alongside Ismay Reserve near North Strathfield.

<a href="https://www.apartments.com.au/new-apartments/the-maybelle-21-parramatta-road-homebush-nsw-2140">The Maybelle</a> will comprise one, two and three-bedroom apartments, with its height providing elevated outlooks towards the Sydney skyline and Harbour Bridge, while other residences will look across neighbouring Ismay Reserve.

Designed by <a href="https://www.apartments.com.au/architects/squillace-architects">Squillace Architects</a>, the tower combines its parkside setting with proximity to the established retail, dining and transport amenity around North Strathfield.

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Residences will feature open-plan living spaces and a choice of two interior schemes, while communal amenity is spread across two elevated levels of the building.

Level 8 will be home to the Garden Pavilion, a full-floor resident space incorporating communal entertaining and breakout areas, seating and recreation spaces. Further up the tower, a landscaped Sky Terrace on Level 14 will provide another communal area with panoramic views towards the Harbour Bridge and Sydney skyline.

At ground level, the development sits directly alongside Ismay Reserve, where lawns, walking paths, children's play areas, picnic spaces and recreational facilities extend the green space available immediately around the project.

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The Maybelle is also within walking distance of North Strathfield and the Bakehouse Quarter, which provides a mix of cafés, restaurants, shops and everyday services.

Existing rail and bus services provide connections across Sydney, while the future North Strathfield Metro and access to the M4 will add to the transport options available around the precinct. Walking and cycling routes also extend via Powells Creek towards Sydney Olympic Park and its sporting, entertainment and parkland precincts.

Families are also well positioned for access to a broad selection of established schools and education options across Strathfield and the surrounding Inner West.

[smartcode_project:default project_id=134873 project_image_fid=376181]

Omaya has operated in Sydney for more than 35 years, managing projects from acquisition and design through to construction and delivery. The family-owned company is both developer and builder of The Maybelle.

Apartments start from $560,000, with the development protected by 10-year Latent Defects Insurance.

Construction is well underway, with completion expected by the end of 2026 and move-in anticipated from Q1 2027.

[smartcode_project_cta:default project_id=134873]

Laurence Dragomir

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