<p>Rob Steer's&nbsp;<a href="https://www.apartments.com.au/developers/steer-developments">Steer Developments</a> is doubling-down on Palm Beach, expanding its footprint with a new tower near the sand.</p>

<p>Steer has joined the ranks of developers taking up what is becoming precious land on Jefferson Lane, one row back from the beach.</p>

<p>He is seeking to develop Jardin, a nine-level, code-assessable building with 40 two- and three-bedroom apartments at 234-236 Jefferson Lane. Steer worked with the landowners to put together three sites totalling 1,242 sqm.</p>

<p>Steer had Plus Studio design the building, which "unfolds" among curated gardens, the Design Report submitted to the Gold Coast Council noted.</p>

<p>It said the building is&nbsp;“inspired by the essence of the Mediterranean, framed by sunlight, shaded by greenery, and elevated by form”.</p>

<p>A central architectural spine is accentuated by vertical planting, while stepped terraces to the west cascade toward the highway with integrated greenery.</p>

<p><img alt="Jardin Palm Beach" data-entity-type="file" data-entity-uuid="b8a7b037-2c7b-4e68-bc8f-9b24d9cef99d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Jardin%20Palm%20Beachh.png?VersionId=Eia97cxNAYVxLUHziQxLq_uDCUE0aMfp" /></p>

<p>The proposal includes eight levels of apartments above a ground floor and two basement levels. There will be 24 two-bedroom and 16 three-bedroom apartments on offer.</p>

<p>The resident amenity is located on the ground level and will feature a swimming pool, gym, sauna, and barbecue deck.</p>

<p>Steer is currently delivering&nbsp;<a href="https://www.apartments.com.au/new-apartments/c-te-palm-beach-3-thirteenth-avenue-palm-beach">Côte</a>, just 17 apartments nearby on Thirteenth Avenue. After GCB, the builder of the project, collapsed, Steer brought development in-house, establishing SunBuilt.</p>

<p>Steer is the latest to join the ranks of Jefferson Lane. Recently Josh Foote's Ignite Projects launched Retreat Palm Beach, and Tim Gordon's Gordon Corp, in another joint venture with the Mathieson family, launched Elle on Jefferson.</p>


Joel Robinson

First look: Steer joins Jefferson Lane, Palm Beach apartment boom with Jardin plans

<p>Prolific South East Queensland developer Sherpa Group has snapped up two more Palm Beach sites to expand it's affordability focus Flourish brand of apartments.</p>

<p>They have paid a combined $30.5 million for the sites, an 810 sqm block at 7-9 Sixth Avenue, and a 2,050 sqm site at 1156-1164 Gold Coast Highway. The two sites will become Sherpa's third and fourth Flourish project locally, after Ovana and Flourish on Sixth. The developer expanded into Brisbane recently, launching Symphony, another under the Flourish banner.</p>

<p>Together, the Palm Beach acquisitions represent more than $42 million invested into the suburb in just over a year, underscoring Sherpa’s pivotal role in the suburb’s transformation.&nbsp;</p>

<p>The acquisitions follow the near-completion of Perspective Nexus and $110 million in rapid sales at Flourish on Sixth.</p>

<p>Christie Leet, founder of Sherpa Property Group, said the latest acquisition reflects the group’s ambition to lead Palm Beach’s renewal.&nbsp;</p>

<p>“Palm Beach is buzzing, but it’s been near impossible for locals to find something new that fits their lifestyle and budget,” said Leet.&nbsp;</p>

<p>“There’s a significant price gap between beachfront and non-beachfront properties – typically around 30 per cent, but in Palm Beach it can be closer to 100 per cent.&nbsp;</p>

<p>“That presents a tremendous opportunity, and we believe it’s our obligation as Sherpas to identify and deliver it for our community.”</p>

<p>Flourish projects are positioned as an attainable alternative to beachfront towers, offering design-led interiors, rooftop amenities and sweeping ocean views ideal for buyers ranging from young couples to rightsizers and families.&nbsp;</p>

<p>Leet said the response to Flourish on Sixth highlighted the unmet demand in Palm Beach.&nbsp;</p>

<p>“So many locals told us it was the first time they’d been able to buy into the Palm Beach apartment market,” he said.&nbsp;</p>

<p>“We’ve loved seeing buyers who’d previously been priced out finally get the chance to secure a home here – and that’s exactly what we want to keep delivering.”&nbsp;</p>

<p>The proposed development at 7 and 9 Sixth Ave will feature Flourish’s signature rooftop amenities and is scheduled to launch later this year, with construction planned to commence in Q1 2026 in partnership with local builder LPS Group.</p>

<p>Meanwhile, 1156-1164 Gold Coast Highway will showcase a ground-floor commercial precinct contributing to the vitality of Palm Beach as well as the renowned Flourish-style amenities, with the development application slated to be lodged next month, and construction anticipated to start mid-2026 by LPS Group, pending approval.&nbsp;</p>

<p>“Our partnership with LPS Group means we can and will deliver on our commitments, and that certainty gives buyers real confidence,” Leet added.&nbsp;</p>

<p>“Working together allows us to manage quality and timelines more effectively as we scale our pipeline across the region.”&nbsp;</p>


Sherpa Group snaps up two more Palm Beach sites to expand Flourish brand

<p>Kedron is the latest Brisbane suburb in-line for a large, mixed-use new precinct that will reshape the suburb.</p>

<p>George Weston Foods Limited,&nbsp;one of Australia and New Zealand's largest food manufacturers, has filed plans for a 3.6-hectare mixed-use precinct dubbed in the planning application as Bakery Square.</p>

<p>The proposal marks the first formal step in the long-anticipated transition of the former Top Taste factory site at 466–488 Gympie Road.</p>

<p>The application seeks preliminary approval via a variation request to facilitate a future urban renewal precinct comprising residential, commercial, retail, and community uses alongside new public open space.</p>

<p>According to the Town Planning Report by Urbis, the intent is to repurpose a strategically located parcel of low-impact industrial land into a connected, amenity-rich, medium-density lifestyle destination. The development would front one of Brisbane’s busiest public transport corridors and adjoin Bradbury Park, a 6.5-hectare green space.</p>

<p><img alt="Kedron masterplan" data-entity-type="file" data-entity-uuid="c47d15a0-13f7-4e11-a957-c421599c4160" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/masterplan_0.png?VersionId=sQ5ApjQnSMymcAPF_1oQHA_MOPagbgz4" /></p>

<p>The proposal seeks to align with emerging policy directions under Brisbane: Our Productive City and the Brisbane Sustainable Growth Strategy, both of which identify the need to unlock “transition sites” for housing supply.</p>

<p>“The timely conversion of the site’s former industrial land will contribute to the supply of much-needed housing, especially within Brisbane’s core residential corridors," the assessment report noted.</p>

<p><img alt="Kedron site" data-entity-type="file" data-entity-uuid="c3383033-10ce-4bdd-ae1b-00ac5fcd3b4f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_1.png?VersionId=yURNBeOOXL1.q3jZDexGuRX7ehVH1.gg" /></p>

<p>The precinct planning covers approximately 36,405 square metres over two lots: 30 Glentanna Street and 474A Gympie Road, both currently zoned Low Impact Industry and within the Chermside Centre Neighbourhood Plan area. The proposal is subject to impact assessment and has been referred to the State Assessment and Referral Agency for review.</p>

<p>The submitted documents frame Bakery Square as a key opportunity site on Brisbane’s northside. The Urban Context and Master Plan Report identifies the precinct as a “critical location” for establishing a contemporary mixed-use environment, capable of delivering the kind of holistic placemaking seen in other major Brisbane redevelopment areas.</p>

<p>Four defining characteristics support the site’s transformation:</p>

<ul>
	<li>Proximity to transport: Located along Gympie Road, the site benefits from existing high-frequency bus services and planned future upgrades under Brisbane Metro Stage 2 to Carseldine.</li>
	<li>Lifestyle potential: With access to Chermside, Royal Brisbane and Women’s Hospital, and other employment nodes, the proposal aims to deliver a liveable, connected precinct.</li>
	<li>Co-location with green space: Bradbury Park offers an established recreation anchor, described as a “rare opportunity to co-locate high density living, a lifestyle precinct and open space.”</li>
	<li>Uncommon scale: The 3.6-hectare landholding is a rarity in Brisbane’s inner-northern suburbs, offering a blank canvas for integrated precinct planning.</li>
</ul>

<p>Design evolution has been central to the application’s development. A height transition strategy has been proposed to mediate built form across the site and surrounding context. The tallest elements will be centrally located, stepping down toward Gympie Road, adjacent residential areas, and Bradbury Park. An “urban common” forms the heart of the site and integrates new public open space, pedestrian links, and activated edges.</p>

<p>“This is one of the most critical locations to establish a new mixed-use precinct with significant development uplift on the northside of Brisbane,” Urbis noted in the Urban Design Report.</p>

<p>“Bakery Square can provide the housing, amenity, and local character expected of a modern, infill lifestyle precinct”.</p>

<p><img alt="Kedron Terraces" data-entity-type="file" data-entity-uuid="d3139767-1ccc-4c54-a929-9007ce50a375" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/masterplan%20terraces.png?VersionId=Bbl8KWayOHtGpsUeRz6.JLskqop5xjlN" /></p>

<p>The built form strategy anticipates mid-rise development consistent with the emerging character of Gympie Road. According to the variation document, the maximum height sought is 10 storeys (approx. 35m), though individual buildings and sub-precincts are expected to vary. The proposed code amendments would enable staged delivery across multiple sub-areas within the site, balancing residential intensity with commercial, retail, and urban services.</p>

<p>From a housing perspective, Bakery Square represents a significant potential boost to Brisbane’s infill supply. While the DA does not lock in a specific number of dwellings at this stage, planning documents suggest a strong emphasis on diverse housing typologies, including apartments and build-to-rent options.</p>

<p>The Town Planning Report notes that “the proposal enables a planning framework that will facilitate the eventual delivery of residential housing typologies to support emerging demographic needs” and directly respond to the housing supply targets identified in ShapingSEQ 2023.</p>

<p><img alt="Kedron commercial masterplan" data-entity-type="file" data-entity-uuid="617fc5cf-1a92-475c-8244-8c6d859fcfc3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/masterplan%20commercial.png?VersionId=jHMPFVecoryM4XkeIi4psY3SnAbQnDEn" /></p>

<p>George Weston Foods Limited, an ASX-listed entity and one of Australia’s largest food manufacturers, has owned and operated the site for over five decades. The former Top Taste baked goods factory ceased operations in 2020. Since then, the property has been used intermittently as a warehouse and for contractor works associated with the recent Gympie Road upgrade.</p>

<p>Surrounding the site, the local context is typified by a mix of medium-density residential, retail, and light industrial uses. Chermside Westfield, Prince Charles Hospital, and the Chermside Health Hub all lie within 1.5km, reinforcing the precinct’s strategic position. The area is also undergoing broader transition, with the Kedron Future Growth Node flagged for long-term renewal.</p>


First look: Bakery Square precinct to breathe new life into Brisbane's Kedron

<p data-end="1170" data-start="1018">As demand grows for greener, more energy-efficient homes, one of the Gold Coast's oldest developers is setting a new benchmark for sustainable living.</p>

<p data-end="1551" data-start="1172">Founded in the late 1950s by visionary developer Bernard Lewis, Lewis Land is creating what it calls the most sustainable project in the city’s history at Biggera Waters. <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> is the first development in the region to achieve a 6 Star Green Star Community V1.1 rating from the Green Building Council of Australia — a world-leading sustainability standard.</p>

<p data-end="1625" data-start="1553">[smartcode_project:default project_id=113271 project_image_fid=247080]</p>

<p data-end="1862" data-start="1627">With buyers increasingly prioritising sustainability in their decisions, Harbour Shores aligns with strict environmental standards while fostering a walkable, fossil-fuel-free lifestyle that resonates strongly with modern purchasers.</p>

<p data-end="2317" data-start="1864">The project also represents the largest in Lewis Land’s 65-year history, spanning over 16 hectares. Its masterplan incorporates features such as water-retention tanks, solar power, and EV charging stations, alongside the planting of more than 200,000 tropical and native plants. This integration of nature and technology supports energy-efficient living and promotes a resilient community designed for intergenerational living and long-term wellbeing.</p>

<p data-end="2628" data-start="2319">By excluding natural gas, residents will be able to use 100% renewable energy sources — significantly reducing their carbon footprint through solar, wind and hydro power. They will also have access to 100% GreenPower®, improving air quality by eliminating harmful emissions from cooktops, ovens and heaters.</p>

<p data-end="2700" data-start="2630">[smartcode_project:default project_id=113271 project_image_fid=4578]</p>

<p data-end="2927" data-start="2702">Energy bills will be reduced thanks to smart design, including double-glazed windows, energy-efficient appliances, and cooler roof colours. Rooftop solar panels will further cut household costs while reducing CO₂ emissions.</p>

<p data-end="3129" data-start="2929">On-site rainwater harvesting will irrigate gardens, saving thousands of litres of potable water each year, while water-efficient appliances will further reduce consumption and costs inside the home.</p>

<p data-end="3203" data-start="3131">[smartcode_project:default project_id=113271 project_image_fid=290028]</p>

<p data-end="3547" data-start="3205">Designed by BDA Architecture, the precinct will evolve over the next decade into a vibrant “village of villages,” housing more than 4,000 residents. The masterplan includes a mix of apartments, villas, communal open spaces and parklands, a 1.2-kilometre waterfront boardwalk, private marina berths and a suite of resort-style amenities.</p>

<p data-end="3685" data-start="3549">Respected local builder Greyburn has been appointed to deliver the first boutique buildings, scheduled for completion in mid-2026.</p>

<p data-end="3738" data-start="3687">[smartcode_project_cta:default project_id=113271]</p>


Urban Editorial

Sustainable living at Harbour Shores: better health, lower bills

<p>Apartment king Harry Tribugoff is progressing with the next stage of Pagewood Green, its Westfield-anchored Eastgardens precinct in Sydney's eastern suburbs.</p>

<p>Meriton will deliver another 200-plus apartments across three interconnected buildings ranging in height between seven and 13 levels. There will be two retail tenancies as part of the $130 million stage, as well as a&nbsp;suite of communal recreation and landscaping elements.</p>

<p>The developer has been approved for over 214 apartments, but is seeking to reduce the density to just over 200 to "align with broader market trends" that prioritise larger apartments, and a shift towards owner-occupier preferences in new developments.</p>

<p><img alt="2 Tingwell Boulevard in Eastgardens" data-entity-type="file" data-entity-uuid="4500be81-f5c6-473c-b712-a43c8cb5dd58" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Meriton%20eastgardens%202.png?VersionId=F9sST02sqMFD50oQIfNPDHP_B36YjU6j" /></p>

<p>According to the compliance statement submitted with the application, the proposed design continues to meet key planning and urban design criteria, including deep soil planting, tree canopy coverage, integration of cycle and pedestrian paths, and full EV readiness across residential car parking.&nbsp;</p>

<p>Architecture for the project has been led by <a href="https://www.apartments.com.au/architects/plus-architecture">Plus</a>,&nbsp;which noted that materials and articulation across the podium and tower forms aim to create a “village-like character” consistent with Pagewood Green’s vision.</p>

<p>There will be a near-1000 sqm communal open area on the level one podium for residents with a barbecue area and associated areas for dining and seating. In addition to this space will be accessible terraces on levels 10 and 9 along the western tower form with sitting areas and views to south eastern suburbs.</p>

<p>On ground level there is also a mixture of areas from a swimming pool, spa, sauna and gymnasium providing on-site amenity to the future residents.</p>

<p>Meriton first launched the $3 billion masterplan, known as Pagewood Green, in 2016. At the time it was called the biggest project undertaken by the developer. The 16.5-hectare block was previously home to the former&nbsp;British American Tobacco manufacturing plant and the former General Motors-Holden factory.</p>

<p>At the time, Triguboff said that Pagewood Green would provide some of the most spacious apartments in the area.</p>

<p align="LEFT">“Bigger apartments are in short supply and, because of this, they are achieving the strongest rental increases.”</p>


Meriton secures $130 million approval for next stage of Pagewood Green masterplan

55 King Street

<html><body>
<p><a href="/news/555-collins-street-continues-the-commercial-theme-for-2018">Late last year</a>, we penned a piece highlighting the changing nature of development and application activity within the Melbourne CBD. This followed from the announcement that Charter Hall had secured 555 Collins Street from Fragrance Group for a lazy 140 million dollarydoos, adding it to its portfolio which also includes the adjoining site at 55 King Street, resulting in a development site of 4,627 sqm,</p>

<p>As indicated in the article, applying a Plot Ratio of 18:1 would allow for a developable Gross Floor Area of 83,286sqm or approximately 67,000sqm NLA.</p>

<p>Property development and project management consultancy Armitage Jones announced via its Instagram account that it had been appointed to manage the design and build of 555 Collins Street on behalf of Charter Hall. Armitage Jones is also working with Charter Hall on its Wesley Place precinct in the CBD's north-eastern end.</p>

<p> </p>

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<p style=" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; line-height:17px; margin-bottom:0; margin-top:8px; overflow:hidden; padding:8px 0 7px; text-align:center; text-overflow:ellipsis; white-space:nowrap;"><a href="https://www.instagram.com/p/Btu_l_FlZSJ/?utm_source=ig_embed&amp;utm_medium=loading" style=" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none;" target="_blank">A post shared by Armitage Jones (@armitagejones)</a> on <time datetime="2019-02-11T08:09:44+00:00" style=" font-family:Arial,sans-serif; font-size:14px; line-height:17px;">Feb 11, 2019 at 12:09am PST</time></p>
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<p><strong><span style="font-size:16px;">"WORKPLACE OF THE FUTURE - arriving in 2022!<br>
We are beyond excited to have been appointed to manage the design and construction of 555 Collins Street - @charterhallau ‘s largest office development and what will be a landmark tower of the world. Our appointment as Project Manager and Superintendent demonstrates the depth of experience and design and construction expertise across our team.  #insafehands #design#construction #architecture#propertydevelopment #realestate#skyscraper #melbourne"</span></strong></p>
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<p>For the purpose of the study below I initially used the maximum height of Fragrance's residential scheme designed by Bates Smart at 142m. Shadow testing indicated an overall height of 160m was achievable to the highest point with a sloping roof form.</p>

<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/555c_1.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="334" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/555c_1.png?itok=bcgVO78g" width="580"></a>

<figcaption>Section through centre of the site - solar angles @ winter solstice</figcaption></figure><p>I eventually landed on a dual tower scheme comprising;</p>

<ul>
<li>A 19-storeys (80m) to 55 King Street with floor plates of 1,980 sqm to podium levels and 1,490 sqm to tower levels. Total GFA ; and</li>
	<li>a 38-storey (160m to top of slope) tower to 555 Collins Street with floor plates of 1,960 sqm to podium levels and 1,100 sqm to tower levels</li>
	<li>A north-south laneway 6m wide along the western boundary</li>
</ul>
<p>This yields a GFA of 83,290sqm which isn't far off the 18:1 ratio.</p>

<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/555_collins_dual-01.png" rel="gallery-all" title="Is a dual tower scheme on the cards?"><img alt="" class="image-article-full-width-580px" height="240" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/555_collins_dual-01.png?itok=3GnxHpQi" title="Is a dual tower scheme on the cards?" width="580"></a>

<figcaption>Is a dual tower scheme on the cards?</figcaption></figure><p>The final outcome will eventually reveal itself when Charter Hall submits a revised application for the site. With Cbus Property and Bates Smart submitting an application for 435 Bourke Street  just prior to Christmas one would expect 555 Collins isn't too far behind.</p>
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Laurence Dragomir

Lurking in the shadows - 555 Collins Street

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<p>Earlier this year, Apartments.com.au posed the question: "<a href="/news/is-2018-the-year-of-commercial-for-the-melbourne-market">Is 2018 the year of commercial for the Melbourne market?</a>" As 2018 has rolled on this notion has continued to be reinforced with developers snapping up and consolidating sites or scrapping their apartment developments all together, in favour of office. </p>

<p>At the beginning of the week we <a href="/news/double-delight-pdg-releases-new-images-of-two-key-melbourne-projects">highlighted PDG's revised development intentions</a> for the former Toyota site at the top end of Elizabeth Street. Dubbed Elizabeth North the three tower commercial scheme replaces an earlier four building residential scheme, in response to the current state of the residential apartment market.</p>

<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/elizabeth-north_pdg_0.jpg" rel="gallery-all"><img alt="PDG's Elizabeth North at 611-697 Elizabeth Street. Image: PDG" class="image-article-full-width-580px" height="327" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/elizabeth-north_pdg_0.jpg?itok=ZtVJfM7Q" title="PDG's Elizabeth North at 611-697 Elizabeth Street. Image: PDG" width="580"></a>

<figcaption>PDG's Elizabeth North at 611-697 Elizabeth Street. Image: PDG</figcaption></figure><p>The latest site set to switch to commercial use appears to be <a href="/developments/melbourne-vic-3000">555 Collins Street</a>, after Fragrance Group sold the site to Charter Hall for a reported $140m, according to the <a href="https://www.afr.com/real-estate/charter-hall-swoops-as-singaporeans-exit-in-140m-collins-st-deal-20181025-h174ij">AFR</a>. This comes after Fragrance only managed to achieve sales of 46 per cent of the 625 total apartments in the 12 month period since the project was launched to the market.</p>

<p>Charter Hall's recent acquisition adds to its existing land holding at 55 King Street which adjoins 555 Collins Street and now forms part of a combined development site of 4,627 sqm. Applying a plot ratio of 18:1 as per the Central City planning controls would result in a developable Gross Floor Area of 83,286sqm or just shy of 67,000sqm NLA. </p>

<p>Taking into consideration floorplate sizes, setback requirements and overshadowing controls etc. a single commercial office building of around 30-35-storeys could be expected on the combined site. Charter Hall had previously investigated developing an office building of around 27-storeys at 55 King Street.</p>

<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/55_king_0.png" rel="gallery-all"><img alt="An unbuilt concept for 55 King Street. Image: Charter Hall" class="image-article-full-width-580px" height="234" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/55_king_0.png?itok=bw9Zfs_5" title="An unbuilt concept for 55 King Street. Image: Charter Hall" width="580"></a>

<figcaption>An unbuilt concept for 55 King Street. Image: Charter Hall</figcaption></figure><p>In recent months Mirvac has acquired the 383 LaTrobe Street site from Sterling Global for a cool $122m, after the latter gained approval for a 70-storey mixed-use tower designed by Ateliers Jean Nouvel. A 5-storey office building currently leased by the Australian Federal Police (AFP) occupies the 2,850 sqm site. The AFP are due to relocate to 311 Spencer Street in late 2020. In the interim it is understood that Mirvac have engaged Cox Architecture to develop a commercial scheme for the site.</p>

<p>Dexus, which sold a development site at 32-44 Flinders Street with a permit for a 54-storey tower, has in recent months snapped up two sites at 52 and 60 Collins Street for $230m allowing them to proceed with single commercial development. The site is located opposite QIC GRE's 80 Collins Street redevelopment which is currently under construction.</p>

<p>Finally, Cbus Property has resumed demolition of 150 Queen Street to allow for the creation of a temporary park, while it finalises plans for a Bates Smart-designed commercial development. Cbus' extensive redevelopment encompasses a consolidated land holding comprising 140 and 150 Queen Street, 27 McKillop Street and 423 Bourke Street, and is expected to have a development value of around $1bn, not too dissimilar to its <a href="/buildings/collins-arch-447-collins-street-melbourne">Collins Arch</a> project. </p>

<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/img-9337.jpg" rel="gallery-all"><img alt="Demolition has resumed on 150 Queen Street. Image: Mark Baljak" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/img-9337.jpg?itok=s4u-c7JK" title="Demolition has resumed on 150 Queen Street. Image: Mark Baljak" width="580"></a>

<figcaption>Demolition has resumed on 150 Queen Street. Image: Mark Baljak</figcaption></figure><p>Based on the above, it looks like the commercial trend of 2018 is likely to drag on into 2019 as planning applications are lodged. Watch this space.</p>

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