Melbourne-based private developer, Hamton Property Group, has achieved a major milestone at its former University of Melbourne site in Hawthorn, receiving a planning permit to deliver a new&nbsp;nature-based neighbourhood.

The six-building, low-rise precinct, to be known as Scotch Hill Gardens, will comprise 365 residences, a mix of apartments and townhouses, as well as 5,500 sqm of new publicly-accessible green space and a new retail village to <a href="/developments/hawthorn-vic-3122">Hawthorn</a>.

The major residential development <a href="/new-apartments/hawthorn-vic-3122">on Auburn Road</a> is one of the largest to be approved under the Allan government’s accelerated Development Facilitation Program, which seeks to reduce the application timeframe for eligible projects.

After a joint application from <a href="/developers/hamton">Hamton</a> and the University of Melbourne in March 2022, the Planning Minister oversaw the rezoning of the site from public use to enable residential development and approved a detailed development plan to govern planning outcomes for the 1.6ha site.

Hamton settled on the purchase from the University in March 2024.

Following significant pre-application engagement, Hamton <a href="/news/vic/hamtons-500-million-redevelopment-of-former-university-of-melbourne-site-in-hawthorn-approved">lodged its permit application</a> with the Department of Transport and Planning (DTP) on 20 June and the permit was issued on 12 September, an approval timeframe of just 2 months and 23 days.

<img alt="Hamton" data-entity-type="file" data-entity-uuid="790c68ea-c84a-4321-93b6-12dcf996527b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-09-17%20at%2012.08.00%E2%80%AFPM.png?VersionId=caZm6__2kGgiguoLl_TYPNLY07g1MaGQ" /> 
Hamton’s Founder and Executive Chairman, Paul Hameister OAM. Image supplied

Hamton’s Founder and Executive Chairman, Paul Hameister OAM, said the approval by the Minister is a great example that the Development Facilitation Program works.

"It has enabled this new significant housing supply in a high-demand area of Melbourne where there are no other large development sites. The Program has brought forward this project by around 12 months,"&nbsp;Hameister said.

“The team at DTP has been incredibly responsive throughout the review and approval process and this approval timeframe is a direct reflection of their work ethic.

“High construction costs have eroded development project viability across the country and is currently the primary barrier to delivering new housing supply. Accelerating timeframes for planning approvals is one mechanism to partially address current challenges."

Hamton engaged with the local community extensively as to their plans as&nbsp;part of the rezoning process, with the views of Council and surrounding residents considered as part of the public Standing Advisory Committee process in March 2023.

“Victoria is currently facing a significant undersupply of housing, which is acute across inner-city markets,"&nbsp;Hameister added.

"This project will create a rare opportunity for buyers in a premium suburb that is highly sought-after."

Hamton has commenced construction of a sales display gallery onsite and will commence an expression of interest campaign in late October, with a public launch planned for February next year.

Hamton’s Founder and Executive Chairman, Paul Hameister OAM, said the approval by the Minister is a great example that the Development Facilitation Program works

Joel Robinson

Hamton given green light for $550 million masterplan on former University of Melbourne site in Hawthorn

Gordon Corp has again teamed up with the Mathieson family as they unveil plans for their latest luxury Gold Coast apartment development.

They've joined the hot <a href="/developments/palm-beach-qld-4221">Palm Beach off the plan apartment market</a>, lodging plans for <a href="/new-apartments/elle-on-jefferson-62-64-jefferson-lane-palm-beach-qld-4221">Elle on Jefferson</a>, a nine-level building at&nbsp;62-64 Jefferson Lane, just one row back from the beach.

The building, designed by Cottee Parker, comprises 47 two and three-bedroom apartments.

<img alt="Palm Beach" data-entity-type="file" data-entity-uuid="e7bfc100-b6ed-4437-89ad-31e89058f43b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-09-13%20at%2012.41.07%E2%80%AFPM.png?VersionId=MAtUYadsbJZiLzfcWmTwG_BRG57ll0PO" />

The large 2,185 sqm site neighbours the&nbsp;Pavilions Palm Beach retail precinct.

Gordon Corp Sales and Marketing Director Lara Dimond said the&nbsp;vision for the project is to deliver a boutique development with a strong focus on wellness and liveability.

"We have been very deliberate in not pushing scale, or density,” Dimond said.

“The building includes 450 sqm of landscaped green space, equating to 20.6 per cent of the site. This focus on landscape extends to the very heart of the building itself, where a stunning atrium delivers cross ventilation and light throughout the building."

Dimond says the development is a complete lifestyle offering, with the beachfront&nbsp;less than 60m away and the retail and dining precincts&nbsp;on its doorstep.

The apartments start from 115 sqm and range in size to 275 sqm. Private resident amenities have been incorporated on the ground floor. There will be a 15m lap pool with day beds and cabanas, a wellness centre with cold plunge and a hot spa, as well as a sauna and steam room. The wellness centre will also feature a&nbsp;state-of-the-art gym.

<img alt="Palm Beach" data-entity-type="file" data-entity-uuid="96fdf117-3edb-422b-a7ca-e6f6ed303bca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-09-13%20at%2012.41.12%E2%80%AFPM.png?VersionId=5cF3YeqXuFjY.l6sxCVUGYdBVfMWJNzf" />

Gordon Corp Managing Director, Tim Gordon, said the project was a welcome addition to the group’s growing residential portfolio, which includes the ultra-luxe The Mantaray Marina &amp; Residences – its first project with the Mathieson family - currently under construction on The Spit.

“Luxury isn’t just in the location, it’s in the detail, and we’ve have been able to channel the same elevated design approach from The Mantaray into our plans for Palm Beach,” Gordon said.

“Once this has progressed through the planning process, our intention is to break ground as swiftly as possible.”

<img alt="Gordon Corp" data-entity-type="file" data-entity-uuid="0f3505de-72c2-4e87-88a5-f6be333bc7b0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-09-13%20at%2012.41.43%E2%80%AFPM.png?VersionId=4TQw0JdakjuAS_BVfzxHNp7MQXpTZWIQ" />

Bruce Mathieson jnr. said Gordon Corp and the Mathiesons were aligned in their vision for ultra- luxe living in south-east Queensland.

“We are pleased to partner with Gordon Corp on another luxury project as we continue to redefine what it means to live on the Gold Coast,” Mathieson said.

“This project has outstanding potential and will truly stand out from the rest at its prime Palm Beach location.”

The Mantaray Marina &amp; Residences is being delivered by Multiplex and on track for completion in early 2026. The $300 million project represents the first new development on The Spit since Palazzo Versace, Sheraton Mirage and Mariner’s Cove more than 20 years ago.

It is also the first development to be delivered under The Spit Master Plan.

The Palm Beach apartment market has been running hot for several years, and has recently had another wave of development applications hit the table of the Gold Coast City Council.

Sherpa, one of the most active developers in Palm Beach, has <a href="/news/qld/first-look-sherpa-file-plans-for-first-gold-coast-apartment-development-under-new-flourish-brand">filed plans for Flourish on Sixth</a> which <a href="/new-apartments/flourish-on-sixth-ave-6-12-sixth-avenue-palm-beach">will have 94 apartments</a>.&nbsp;Builder developer 5Point is also doubling down on the suburb, seeking to <a href="/news/qld/5point-go-again-in-palm-beach-with-palm-shores-apartment-development">develop another luxury project</a> on Jefferson Lane.

First look exclusive: Gordon Corp team up again with Mathieson family and join booming Palm Beach off the plan apartment market

Plans have been finalized for a towering green apartment building by Koichi Takada in Brisbane.

The development, at <a href="/new-apartments/25-mary-street-brisbane">25 Mary Street</a>, is to be developed by&nbsp;<a href="/developers/ks-property">KS Property</a>&nbsp;and will be one of the Queensland capital's tallest towers at 264 metres, only behind&nbsp;the Brisbane Sky Tower and The One Residences by Shayher Group.

The 71-level building by the&nbsp;renowned Japanese architect will home 527 one, two, three, and four-bedroom apartments and over 4,000 sqm of communal recreational space.

The design of the tower is inspired by natural forms, with the building's height evoking the image of a tree trunk rising into the sky, while the recreational levels are conceptualised as "nests" scattered throughout the structure.

<img alt="Inside Koichi Takada's designs for one of Brisbane's tallest apartment towers" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-02-07%20at%2010.06.52%20am.png?VersionId=AOihWxSl4StHqBaIHTx6ciUofXJjyOgH" />

Facilities on levels six and seven will cater to all residents, offering amenities such as a pet spa, yoga rooms, float therapy and a gym.

Higher up, on levels 23, 39, and 66, exclusive amenities will be provided for different apartment collections, including business centres, golf simulators, libraries, and private training rooms.

The podium and ground-level design also reflect the building's overall organic aesthetic, featuring cascading plants, green walls, and tactile materials that enhance the pedestrian experience.&nbsp;

The lobby will provide a generously proportioned, open space for residents and offer opportunities for passive surveillance of the street.

<img alt="Inside Koichi Takada's designs for one of Brisbane's tallest apartment towers" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-02-07%20at%2011.58.10%20am.png?VersionId=IXuU2rWmC0xhyCycGaUBTE6liEYi3P.y" />

The tower will sit on a 2,736 sqm site that spans 25 Mary Street and 98 and 98A Margaret Street, just two streets away from the Brisbane City Botanic Gardens and a short distance from Queens Wharf Brisbane.&nbsp;

The site is adjacent to the Unilodge campus apartment building, Metro 21 apartment building, and the 23-level commercial office building, Mineral House.

[smartcode_project_cta:default project_id=143854]

Plans approved for one of Brisbane's tallest apartment towers by Koichi Takada

Sherpa Property Group has revealed the first apartment development that will bring a more diverse buyer mix to one of the Gold Coast's most sought-after postcodes.

They've just filed plans for Flourish on Sixth, their first development under the Flourish brand which is committing to create a varied range of apartment configurations to a wide range of buyers.

<a href="/new-apartments/flourish-on-sixth-ave-6-12-sixth-avenue-palm-beach">Flourish on Sixth</a>, named after its prime location across a&nbsp;1618 sqm site at 6-12 Sixth Avenue, will comprise 94 one, two and three-bedroom apartments.

[smartcode_project:default project_id=146527 project_image_fid=296026]

By no means dense, the development offers the most apartments a new development has offered Palm Beach in several years, with the general focus over that time being on full-floor, beachfront luxury apartments.

The apartments, a maximum of nine per floor, will sit above three levels of basement with parking for 169 cars and 45 bicycles.

<img alt="Flourish" data-entity-type="file" data-entity-uuid="3bf480fa-3192-40e3-8d3e-c4dc6528a577" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-09-11%20at%2011.01.04%E2%80%AFAM.png?VersionId=dm3J37wyDENDAt1ZqzGLeJ90YNf_dNtj" />

MAS Architecture's Nick Symonds and Teneille Casa handled the design for the 13-level building, stating in the documents submitted to the Gold Coast City Council that the project is "positioned to capture the essence of Gold Coast living."

"The development’s proximity to the beach and key natural landmarks, combined with its connectivity to local amenities and the Gold Coast’s urban fabric, positions “Flourish on Sixth” as a prime residential offering in Palm Beach.

"The tower’s design is intended to complement the coastal environment while providing residents with expansive views and a seamless connection to the outdoors."

[smartcode_project:default project_id=146527 project_image_fid=296030]

There will be a rare opportunity to buy a one-bedroom apartment in the building. There are 10 one-bedroom units, that are expected to be snapped up by first home buyers or investors, as well as 60 two-beds, 22 three-beds, and two penthouses.

Crowning the building will be a resident pool, two barbecues with alfresco spaces, as well as day beds and private garden retreats enveloped in landscaping by RPS.

Anchoring the building at street level will be a commercial space pitched at being either an office, food and beverage space, or a shop.

The development will rise 39 metres, inline with the height limits imposed on Palm Beach and making the development code assessable, meaning it will likely go through the application process much quicker than developments that try and justify an increase in height.

<img alt="Sherpa" data-entity-type="file" data-entity-uuid="7839cc35-4b5d-49b8-a7be-465e7cf6e56d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-09-11%20at%2011.01.15%E2%80%AFAM.png?VersionId=qrFhZw_UMfYw2sWO30yTF6H4PTBU4BFR" />

When <a href="/news/qld/sherpa-launch-new-brand-collection-flourish-to-cater-for-wider-buyer-spread">announcing the new Flourish brand</a>, Sherpa General Manager Daniel Clarke said&nbsp;Flourish represents their dedication to creating communities where residents can thrive.

"This development is about more than just housing; it’s about offering well-located, thoughtfully designed homes with excellent communal facilities that enhance residents’ quality of life," Clarke said.

“Our goal is to empower our residents with the environment and tools they need to flourish personally and financially, staying true to our core principles of innovation, value, less ismore, and customisation.”

[smartcode_project_cta:default project_id=146527]

MAS Architecture's Nick Symonds and Teneille Casa handled the design for the 13-level building, stating in the documents submitted to the Gold Coast City Council that the project is "positioned to capture the essence of Gold Coast living."

First look: Sherpa file plans for first Gold Coast apartment development under new Flourish brand

Luxury home builder turned multi-residential apartment developer, Kassis Homes, has revealed what intends to do with their prime Castle Hill site they secured earlier this year.

Under their new development arm Reve Group, Sam Kassis and business partner Romio Georges are planning a four-tower development on a sprawling 9,074 sqm site that cost about $80 million to amalgamate.

They're seeking to develop three residential towers, with 264 apartments, and a hotel tower.

"We've been building in the area for three decades, and we're passionate about delivering high-quality residential living to Castle Hill," Sam Kassis told Urban.

Kassis is currently delivering <a href="/buildings/grand-reve-castle-hill-8-18-garthowen-crescent-castle-hill">Grand Reve</a>, one of the most impressive apartment developments Castle Hill has seen, just next door to the new project.

Grand Reve is the first development in Castle Hill to have the <a href="/news/what-is-latent-defects-insurance-and-is-it-bringing-confidence-to-the-off-the-plan-apartment-market">Resilience Latent Defects Insurance policy</a>, the new insurance that protects apartment owners from any structural defects of the building for 10 years post-completion. The policy is far and away the most comprehensive insurance new and off the plan apartment buyers can access.

"We want to give our purchasers something no one else offers," Kassis added.

"We're matching high-quality finishes and well-thought-out configurations with buyer confidence. Buyers can be safe in the knowledge they're purchasing from a well-respected developer, who has gone the extra mile to take out Latent Defects Insurance to make them feel comfortable in their purchase."

The new development will again offer a range of configurations. Across the 19, 22 and 23-level residential buildings will be 50 one-beds, 147 two-bed apartments, 56 three-beds and 11 four-bed apartments.

<img alt="Kassis" data-entity-type="file" data-entity-uuid="6de40559-7c40-4c17-aa04-c6adfe4d631c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-09-10%20at%204.33.45%E2%80%AFPM.png?VersionId=QRVOupS3A_c9DQZX0zUxflVBV1nURzz3" />

The one-beds range in size from 50 sqm to 74 sqm internally. The two's start from 75 sqm and top out at 116 sqm, while the three-bed offer between 111 sqm and 203 sqm of internal living space.

The 11 four-bedroom apartments have between 154 sqm and 253 sqm.

The hotel will have 143 rooms in a 19-level building. 474 parking spaces will be provided, and 136 motorbike and bicycle spaces.

To be called&nbsp;Grand Reve II, at 22-26 Garthowen Crescent and 20-34 Old Castle Hill Road, has been designed by Turner, with extensive landscaping by landscape architect Land and Form.

Land and Form said the goal is to "create a biophilic landscape sanctuary, immersed in nature."

"At an elevation of approximately 100m above sea level, the Site is located on one of the highest points in north west Sydney, making it a prominent location with the opportunity to develop as a marker within its context via built form and landscape outcomes that demonstrate design excellence and facilitate key government-led place making priorities," the documentation noted.

The Economic Impact Assessment by HillPDA Consulting said the 264 apartments is projected to house 560 residents, leading to an&nbsp;estimated annual household expenditure of $11.2 million. They believe around $8.7 million will be spent at local businesses, with Castle Towers likely benefiting most.&nbsp;

"This development will support local retail and commercial businesses, indirectly create jobs, and meet increased retail demand," the report noted.

"The on-site retail space, due to its small scale, will complement rather than compete with other local centres and will likely direct surplus expenditure to nearby retailers."

The $166 million design and construction phase of the development is expected to generate around 1,278 jobs.

To be called Grand Reve II, at 22-26 Garthowen Crescent and 20-34 Old Castle Hill Road, has been designed by Turner, with extensive landscaping by landscape architect Land and Form

Reve Group file for new four-tower development in Castle Hill

Paddington's Given Terrace, the main high street in the popular Brisbane suburb, is set to be transformed with Core Property Partners and P&amp;MV Constructions teaming up to deliver a new mixed-use precinct.

The proposed development of the 2,830 sqm site at 208-220 Given Terrace seeks to retain and restore the village feel of the character retail strip, alongside the introduction of 12 luxury apartments, 31 short-stay accommodation suites and an activated laneway.

Speaking on behalf of P&amp;MV Constructions, Nick Vidakovic said the proposal presented a once-in-a-generation opportunity to reinvigorate the prominent high street and attract more visitors back to Paddington’s retail heart.

“We believe by transforming this part of Paddington into a precinct, rather than a destination, will improve foot traffic not only on Given Terrace, but also on Latrobe Terrace,” Vidakovic said.

“A new laneway connecting the precinct to the neighbouring childcare centre has been designed as a civic space that includes a timeline of the area’s history, dating back to 1881.

“Hopefully this will kick off a broader rejuvenation of the area, which will benefit all local businesses in and around the Terraces.”

<img alt="Paddington" data-entity-type="file" data-entity-uuid="0f81b50d-12ed-46b1-bad1-9f4586bb5fbe" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-09-04%20at%208.53.26%E2%80%AFAM.png?VersionId=Mp4Bv.608jqi1ip2vFuCcbEAZADU.uN." />

Core Property Development Manager Bikram Kaler said a focal point of the proposal is the restoration of the commercial character retail strip to accommodate artisan providores, restaurants and cafes.

“Given Terrace is the original heart of Brisbane’s high fashion and café culture, however in recent years it has lost some of that lustre,’’ Kaler said.

“The proposed development seeks to preserve Paddington’s character and reinvest in the prominent retail strip so that it attracts more food and fashion lovers to the high street.

“The introduction of a five-storey boutique residential building, set back from the character facade, will deliver 12 three-bedroom apartments with extensive greenery, rooftop amenities, and unobstructed views over the Brisbane CBD, Paddington Hill, and Red Hill’s landmark St Brigid’s Church.

“A second four-storey building will comprise 31 short-stay heritage suites, recognising the site’s close proximity to Suncorp Stadium and key Olympic precincts.”

The buildings will be connected by an activated laneway showcasing the suburb’s history and community pioneers dating back to the 1880s. It will be named “Hanlon Lane” in homage to Michael Edward “Ned” Hanlon, the former Queensland Premier (1946-52).

Designed by David Hansford of acclaimed local DAH Architecture, the project draws inspiration from the suburb’s unique ‘tin and timber’ homes and Brisbane’s contemporary sub-tropical lifestyle.

Kaler said the mixed-use precinct will have a front row seat to the 2032 Olympics.

“Paddington is well connected to the city’s top sporting and entertainment sites, with the transition of Given Terrace to Caxton Street providing seamless pedestrian access to Suncorp Stadium, The Barracks, and the proposed Brisbane Live precinct at Roma Street,” he said.

“Enhancing the existing retail spaces and providing a mix of residential and short stay accommodation will encourage increased visitation, create new jobs and deliver a positive economic impact for the suburb in the lead up to the 2032 Olympics and beyond.”

First look: Paddington's Given Terrace set for luxury makeover

A new apartment development that was pitched for affordable rental units two years ago, has been reconfigured to bring fresh new injection of apartment supply to <a href="/developments/bondi-junction-nsw-2022">Bondi Junction</a>.

The 2022 plans by&nbsp;Bondi Road Development, an entity tied to Charras&nbsp;Constructions Director&nbsp;Constantinos Charalambous, had sought to create two towers with 41 apartments, over half of which would have been reserved for affordable rental housing.

Those plans have now been scrapped and new designs by MHN Design Union plan for 46 apartments. They're seeking to tap into the new 30 per cent height bonus uplift, above the maximum building height of 28 metres, by dedicating 15 per cent to affordable housing.

The 11-level buildings would still sit comfortably below the 36.4m allowable height.

"The proposal sits sympathetically within its context," MHN Design Union wrote in its design statement submitted to the Waverley Council.

"The proposed height and scale is compatible with other surrounding developments, sitting amongst the high-rise buildings to the south, east and west of the site.

"The bulk and scale is reduced through the articulation of two, more slender and very distinct built forms that connect at the rear of the site."

Six one-bedroom apartments have been proposed, as well as 21 two-beds ranging in size from 72 sqm to 97 sqm, and 19 three-bed apartments that span between 124 sqm to the larger penthouses at 240 sqm plus. They feature their own private landscaped area with a plunge pool.

"This unit mix is consistent with market demand and represents a wide range of apartment typology," MHN Design Union added.

"It will suit the demographic mix of families and downsizers living within the area."

The site is located at 7-19 Bondi Rd, at the eastern edge of Bondi Junction. It comprises a consolidation of five separate lots, 7-9, 11, 13, 15, and 17-19 Bondi Road.

"This unit mix is consistent with market demand and represents a wide range of apartment typology," MHN Design Union noted.

First look: Bondi Junction plans revised to bring fresh new apartment supply

The former Xavier junior school in Brighton is set to become a new housing development, after Sonya Kilkenny MP, Victorian Planning Minister, officially approved the new project by Golden Age Group that was rejected by Bayside Council earlier this year.

The 47 South Road development involves the&nbsp;subdivision of 3.3-hectares at 47 South Road into 14 individual lots, as well as the creation of one super lot. There will be 84 new homes developed across the site.

Damien Hehir,&nbsp;<a href="/developers/golden-age-group">Golden Age Group</a>&nbsp;Development Director, said the development represents a pivotal step forward in providing much-needed housing in Brighton.

"The project will not only enhance the local environment but also contribute to the region’s economic growth and community development.," Hehier said.

Comments from the Advisory Committee Report noted the site "will be sensitively developed and provide an injection of housing into an area that would benefit from opportunities for existing and new residents to potentially downsize”.

The approved plans now include an amendment that provides a new pedestrian path and landscaping to the Hartley Street amenity, responding to the requests from local residents.

"Our vision for 47 South Road is to create a thriving residential community that aligns with the values and needs of Victorians and the local Brighton community," Hehir added.

"We look forward to collaborating with local stakeholders to enhance the neighbourhood and provide outstanding living spaces for future residents.”

Construction is set to commence following final planning and regulatory approvals, with additional details on timelines and development phases to be announced in the coming months.

Victorian Planning Minister approves Golden Age townhouse development in Brighton

Brisbane-based developer ARDO Property Group has submitted a proposal for a new luxury apartment development in Balmoral, a suburb traditionally dominated by single-house dwellings.&nbsp;

<a href="/developments/balmoral-qld-4171">Balmoral</a>, known for its tree-lined streets and park-centric lifestyle, has seen limited apartment development in years gone by, with fewer than 500 units currently in the affluent suburb.

ARDO's project aims to integrate with the existing neighbourhood, contributing positively to the local real estate market while catering to the growing demand for upscale residential options.

<img alt="59 Collings Street Balmoral" data-entity-type="file" data-entity-uuid="7ee67db5-d8b3-4e8f-acf5-888b3da2b5de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Collings%20St%20Balmoral%20perspective.png?VersionId=papbykVM.N9T.VgMgt1RzG.FiF3U7lKY" />

ARDO Founder and Managing Director, Ben Davis, says the proposal for six luxury apartments at 59 Collings Street reflects a broader trend of residential development in Brisbane’s affluent suburbs, where high-quality, well-designed apartments are becoming increasingly popular among those looking to downsize or invest in premium real estate.&nbsp;

The development is designed by Flourish Architecture and features expansive floor plans with top-tier finishes and state-of-the-art amenities.&nbsp;

<img alt="59 Collings Street" data-entity-type="file" data-entity-uuid="d661a91e-ecf1-482c-ba3c-06f2906b8d97" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Collings%20St%20Balmoral.png?VersionId=rqT0dmthQh_ec1uol2TvL44DJAgNVXI1" />

Five of the six apartments will offer nearly 200 sqm of living space, while the penthouse will span around 214 sqm and include a private pool with views of the Brisbane skyline.

Residents will be near ferries, restaurants, shopping options, and the well-known Hawthorne and Balmoral Cinemas.

The proposed development will also benefit from its proximity to the popular Oxford Street in nearby Bulimba, which is undergoing significant gentrification with <a href="/news/qld/first-look-exclusive-shayher-group-file-for-first-stage-of-bulimba-barracks">Shayher recently announcing the start</a> of their 20-hectare vision for Bulimba Barracks.

First look: ARDO Property plot luxury apartments in Balmoral

Prolific developer Billbergia is teaming up with&nbsp;Legacy Property&nbsp;for a two-tower development in Macquarie Park.

The $181 million plans at&nbsp;88 Waterloo Road, in the heart of <a href="/developments/macquarie-park-nsw-2113">Macquarie Park</a> next to the town centre, are for two towers, at 21 and 19 levels, dubbed Cottonwood and Waterloo.

Cottonwood and Waterloo will home 255 one, two and three-bedroom apartments above a shared mixed-use podium with car parking and retail.

Over 2,400 sqm, almost half of the total site area, will be dedicated to communal open space, while a further 30 per cent of the site will be covered by tree canopies.

The project prioritizes reconnecting landscaped areas to the surrounding Sydney Turpentine Ironbark Forest ecosystem, particularly contributing to the Waterloo Road Linear Park, a green spine running through the city centre. &nbsp;&nbsp;

<img alt="Legacy Property Billbergia Macquarie Park proposal" data-entity-type="file" data-entity-uuid="98225a57-ad51-47b9-ac89-fdaa59b6bded" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Cottonwood%20ground.png?VersionId=9OM_VQHUgu3U4Q1JAa8jWNTPxgdJc.f5" />

Billbergia Development Director of Planning and Development,&nbsp;Saul Moran, said Macquarie Park is a rapidly evolving suburb that is well-positioned to benefit from increased density.

"88 Waterloo Road will deliver 255 critically-needed new homes, serviced by essential retail and the new Metro station, while offering close access to key employment and study hubs."

Cottonwood Tower will deliver 124 apartments, while Waterloo Tower will feature 131 apartments. There will be a mix of configurations, with 60 one-bedroom, 98 two-bedroom, 85 three-bedroom, and 12 three-bedroom penthouses proposed.

Legacy Property CEO, Matthey Hyder, said the&nbsp;development is in one of the best locations in Sydney, opposite Macquarie Centre, overlooking a new park, within 200 metres of the new Macquarie Uni Metro station and Macquarie University.

Jim Koopman, Studio Director at architecture firm AJC, said&nbsp;88 Waterloo redefines urban living in Macquarie Park by blending high-quality residences with natural beauty.

"Our design integrates bioclimatic principles and eco-friendly features to create a sustainable and comfortable living environment.\

<img alt="Billbergia and Legacy Property Macquarie Park streetfront" data-entity-type="file" data-entity-uuid="b04bfa68-3cf1-444b-a51e-24e4065d9f4d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/02_StreetFront%20%28Credit%20AJC%20Architects%29.jpg?VersionId=Y0ynrG5f5EVvsp2hrk6hYaR5mrZQ2hch" />Credit:&nbsp;AJC Architects, 255-apartment complex in Macquarie Park

Macquarie Park is the largest non-CBD office market in Australia and home to the Macquarie Park Innovation Precinct, a group of organisations centred around Macquarie University.

The suburb was identified as an accelerated precinct under the NSW Government’s Transport Oriented Development (TOD) program in 2020. Macquarie Park Innovation Precinct Stage Two, a recent rezoning proposal by the Minns government, could see over 4,500 new homes delivered in the years to come - thanks to new residential zoning and developer concessions on build-to-rent (BTR) projects.

The proposal represents&nbsp;Billbergia’s second development on Sydney’s North Shore, on the backof its proposed $700 million mixed-use project at 8 Wilson Street in Chatswood.

Billbergia Development Director of Planning and Development, Saul Moran, said Macquarie Park is a rapidly evolving suburb that is well-positioned to benefit from increased density

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