What began as a leap of faith in the 1970s has evolved into one of the Gold Co​ast's most enduring development success stories. Raptis, now led by second-generation developer Evan Raptis, continues to shape the region's skyline four decades after patriarch Jim Raptis first ventured north from Sy​dney.

Jim Raptis began developing in Sy​dney in his 20s under the guidance of a seasoned mentor. After several successful joint ventures, he sensed untapped potential on the Gold Coast and made the bold decision to relocate. That instinct proved prescient, the Raptis family has contributed thousands of apartments to what was once purely a tourist destination and is now recognised as Australia's lifestyle capital.

[smartcode_project:default project_id=101620 project_image_fid=361818]

With decades of experience navigating the complex Gold Coast development landscape, Raptis maintains fully vertical integration, from site acquisition and construction through to marketing and sales strategies. This comprehensive approach has allowed the company to weather multiple market cycles and emerge well-positioned for the region's continued growth.

"We've seen the region change drastically over the last two decades, with that change accelerating in the last five years," says Evan Raptis. "The Gold Coast is becoming unrecognisable. There are some exciting projects happening up and down the coast. The Spit is being talked about as Australia's version of Monaco, with billions in development underway."

Unlike the volatile pre-GFC years that rocked the Gold Coast market, Raptis believes the region has matured considerably. "Demand remains strong, but the market is now settled and stable."

[smartcode_project:default project_id=101620 project_image_fid=361823]

While the company recently completed Pearl Main Beach, an 84-apartment development just 53 steps from the sand, Broadbeach has truly been home for the Raptis family.

"There's nothing Broadbeach doesn't have," Raptis says. "There's always a new café or restaurant coming into the neighbourhood, and the redevelopment of the Niecon Plaza, bringing nearly 5,500 square metres of retail, dining and office space, will only elevate Broadbeach even further."

[smartcode_project:default project_id=101620 project_image_fid=357483]

The suburb has reached what Raptis describes as a "settled phase" of its evolution, with owner-occupiers and repeat visitors increasingly shaping demand rather than traditional investors.

The company's latest Broadbeach project, Sterling, is now constructed to level 22 and scheduled for handover in June 2026. With approximately 70 per cent of apartments already sold ahead of completion, the development has attracted a distinct buyer profile.

[smartcode_project:default project_id=101620 project_image_fid=361821]

"We're seeing significant interest from lock-up-and-leave buyers and downsizers," Raptis explains. "Some use the apartments over Easter or Christmas, while others come down from Brisbane on weekends. They aren't your typical 'investors' who will put the apartments up for permanent rental."

Sterling offers prospective buyers a rare advantage: fully completed display apartments showcasing several two- and three-bedroom configurations, something few off-the-plan developments can provide.

With another Broadbeach project in the pipeline, Raptis emphasises that the next chapter is about maintaining standards rather than pursuing growth at any cost.

"We've been building for over four decades, and our track record matters. Our focus remains the same: deliver what we build, stay close to the details, and delivering a finished product that hopefully exceeds our clients' expectations."

[smartcode_project_cta:default project_id=101620]

Joel Robinson

It’s all in the family: Four decades later, Raptis continues to shape the Gold Coast skyline

JWLand has completed the final residential stage of its Lyneham precinct, Northbourne Village, with De Burgh now welcoming residents who have begun settling into their new homes.

A selection of the 350 studio, one, two, and three-bedroom apartments remains available within the two-building <a href="https://www.apartments.com.au/buildings/de-burgh-at-northbourne-village-40-de-burgh-street-lyneham-act-2602">De Burgh</a>, which occupies a prominent position along Northbourne Avenue.

[smartcode_project:default project_id=139989 project_image_fid=359152]

The apartments at De Burgh have been configured to prioritise natural light, privacy, and usable outdoor space, with ground-floor homes featuring private courtyards and upper-level apartments opening to generous balconies. Double-glazed windows are standard across the development, supporting acoustic comfort and improved energy performance.

Kitchens are fitted with Fisher &amp; Paykel appliances, while all residences include ducted reverse-cycle air conditioning integrated with app-based controls, allowing residents to manage lighting and climate remotely. These inclusions reflect a broader focus on durability, efficiency, and everyday functionality rather than short-term finishes.

[smartcode_project:default project_id=139989 project_image_fid=356280]

Shared amenity is delivered through a resident gym, rooftop garden, lounge spaces, parcel lockers, and landscaped communal areas that connect De Burgh to the wider Northbourne Village environment.

Nick Babic, Marketing Project Manager at JWLand, said the completion of De Burgh gives buyers a level of certainty that off-the-plan purchases cannot always provide.

“There’s no need to wait or play guessing games. You can come and see the spaces firsthand, and genuinely picture yourself living there today. That includes not only the apartments, but the amenities as well. It’s easy to imagine enjoying a coffee in the central courtyard or spending time with other residents in the lounge.”

The completed status of the project aligns with strong buyer demand for finished stock, particularly among first home buyers, young professionals, and downsizers seeking certainty around timing and cost.

[smartcode_project:default project_id=139989 project_image_fid=356282]

With pricing ranging from $463,000 to $1.588 million, much of the offering sits within reach of buyers looking to enter the Inner North apartment market.

De Burgh’s location underpins its buyer appeal, positioned approximately 600 metres from the light rail and three kilometres from Canberra’s CBD, with direct access to <a href="https://www.apartments.com.au/developments/lyneham-act-2602">Lyneham</a> wetlands, Sullivan’s Creek parkland, and the established hospitality and retail precincts of Lyneham and Dickson.

[smartcode_project_cta:default project_id=139989]

mikah.m@urban.com.au

Canberra's newest apartment building: JWLand completes De Burgh at Northbourne Village

One of Victoria’s largest private developers, Central Equity, has commenced construction on Palmera, its $1 billion luxury residential development at Northcliffe on the Gold Coast, appointing Tier 1 builder Multiplex to deliver the project.

The fast-track to construction is being undertaken ahead of Central Equity officially launching the project to market.

The company says the move reflects its confidence in both the calibre of its offering and the Gold Coast’s long-term fundamentals, underpinned by one of Australia’s strongest growing economies, continued population growth and sustained infrastructure investment.

A diversifying employment base across health, education, professional services and tourism has helped insulate the local economy from volatility, while limited new supply in established coastal locations continues to support demand from owner-occupiers and downsizers seeking long-term lifestyle value.

<a href="https://www.apartments.com.au/new-apartments/palmera-residences-18-garfield-terrace-surfers-paradise-qld-4217">Palmera</a> is being constructed in the prestigious Northcliffe residential neighbourhood on an expansive 3,239 sqm site. It is located at 18 Garfield Terrace near the Northcliffe Surf Life Saving Club and the patrolled Northcliffe surf beach, situated between Broadbeach and Surfers Paradise.

[smartcode_project:default project_id=108274 project_image_fid=361249]

Offering a mix of spacious three-bedroom apartments over 52 levels, Palmera is designed to deliver a full suite of premium residences to buyers looking for the ultimate coastal lifestyle that the Gold Coast has to offer.

The project’s premium apartments will deliver northern views across the Surfers Paradise beachfront and extending all the way around to Burleigh Heads and beyond.

Palmera will be crowned by its top four levels, being a limited collection of penthouses and skyhomes that further elevate the residential offering through generous proportions and uninterrupted panoramic views.

[smartcode_project:default project_id=108274 project_image_fid=361246]

The appointment of Multiplex as the builder represents a major milestone for Palmera and cements Central Equity’s commitment to the Gold Coast after delivering more than 85 residential projects over the past four decades. It will be the 20th project collaboration between Central Equity and Multiplex.

“The commencement of construction at Palmera marks a major milestone for the project, with Tier 1 builder Multiplex appointed to deliver the development in the highly sought-after Northcliffe residential precinct on the Gold Coast,” said Central Equity Executive Director Karl Kutner.

“Our commitment to commence immediate construction is in line with our resounding confidence in the Gold Coast over the long term. The city has evolved and proven to be one of Australia’s most dynamic and resilient property markets in recent years.”

[smartcode_project:default project_id=108274 project_image_fid=361250]

Multiplex, one of Australia’s largest builders, has been shaping skylines and delivering iconic projects around the world since 1962. In that time, the Tier 1 global contractor has delivered projects with a combined value of more than US$130 billion.

“Having worked with Multiplex on many previous developments, we are pleased to be extending our relationship further with Palmera,” Kutner added.

“Multiplex brings an unparalleled depth of experience to ensure that Palmera fulfils the vision we have laid out for this strategic location and is delivered to the highest standards,” he said.

Multiplex Regional Managing Director Michael Sinclair said Multiplex was delighted to be aligning with Central Equity yet again.

“Central Equity is creating a stunning new addition to the Gold Coast skyline, and we look forward to bringing their vision to life with a world-class construction team and program. We are proud to be working alongside Central Equity on our 20th project together.”

Palmera has been designed by Marchese Partners, with interiors by DBI.

[smartcode_project:default project_id=108274 project_image_fid=361247]

Residents will have private access to extensive, state-of-the-art amenities, featuring two large pools including a generously scaled, family-friendly pool with safe shallow zones, and a 25-metre lap pool facing the western side, ensuring maximum sunlight all day.

Also available exclusively to residents is a sauna, magnesium pool, yoga studio, expansive gym, resident lounge, outdoor BBQ and dining areas. Residents will also be welcomed by concierge and luxurious entry foyer.

Located on Garfield Terrace in Northcliffe, Palmera enjoys a prime coastal position just moments from the patrolled Northcliffe beach and the G:link light rail, providing effortless connectivity along the Gold Coast’s beachfront suburbs, linking the Gold Coast University Hospital in the north with Nobby beach and Burleigh Heads to the south once the extension completes later this year.

[smartcode_project_cta:default project_id=108274]

Central Equity unveils Palmera on Garfield Terrace, Surfers Paradise

The idea of a low-maintenance forever home located close to the city were the two driving factors behind a recent purchaser’s journey at Murcia, the under-construction East Brisbane apartment development by Sarazin.

Last year, Lois and her husband purchased a two-bedroom plus multi-purpose room (MPR) apartment in the new building, which is being constructed by Hutchinson Builders and is on track for completion in late-2027.

[smartcode_project:default project_id=135094 project_image_fid=341638]

The couple’s number one priority was to remain within easy commuting distance of the city for work. Murcia is positioned alongside the new Cross River Rail, with Woolloongabba Station just 300 metres from the front door.

They are currently living in their Annerley unit, which they have owned for several years, after recently moving out of their inner-city apartment, located on the very same street as Murcia.

“We had watched the development for a long time, and when construction activity began, that’s when we felt confident to buy,” Lois said.

[smartcode_project:default project_id=135094 project_image_fid=356540]

The timing also made sense. By moving back into their Annerley unit, they are able to save money ahead of settlement, while looking forward to returning closer to the city once Murcia is complete.

“We see Murcia as a forever home, as opposed to an investment, or something we need to appreciate massively in value and move on from in a few years,” Lois said.

“We secured an apartment large enough to grow a family, so we’re expecting to call Murcia home for a very long time.”

The couple plan to grow their family, but without the added maintenance demands of owning a standalone house further from the city. Working with Sarazin and architect HAL, they were able to slightly tweak the floorplan, converting the two-bedroom plus MPR layout into a functional three-bedroom apartment.

An added bonus was the recently revised communal space plans, which now incorporate a dedicated working-from-home area, complete with work pods, and shared desks.

“It means the third bedroom doesn’t have to become a part-time office and part-time bedroom,” Lois said, adding that residents have the benefit of working from home without actually being inside their apartment.

The rooftop wellness amenity was another standout compared to living in an established complex or a house. A signature feature of Sarazin developments, the rooftop will include a full gym, hot and cold plunge pools, a steam room and sauna, and a hotel-style pool with cabanas.

[smartcode_project:default project_id=135094 project_image_fid=214682]

Buyer journeys can vary significantly, from purchasing in the established market to buying new, or choosing between houses and apartments. Lois said they knew immediately that buying off the plan was right for them.

“We wanted something new, with less maintenance, and we weren’t quite ready to make the full financial leap straight away. The timing and deposit structure gave us the flexibility we needed.”

Designed by HAL Architects and inspired by the Spanish city of Murcia, the development takes a Mediterranean-influenced approach to architecture and landscaping, with a strong emphasis on shared spaces.

“The design feels considered, the amenities support how we actually live, and the location keeps us connected to the city without feeling right in the middle of it.”

Murcia is Sarazin’s second development in the area, following the completion of Silk One just up the road in 2022. They have several more projects coming to market in Woolloongabba ahead of the 2032 Brisbane Summer Olympics.

[smartcode_project_cta:default project_id=135094]

Close to the city, built for the future: Inside a growing family’s move to Murcia in East Brisbane

While most developers are aiming high across the Gold Coast, John Kearney’s <a href="https://www.apartments.com.au/developers/immerse-projects">Immerse Projects</a>&nbsp;has scaled back its plans for its Kirra Beach project.

As first reported by Apartments.com.au in April 2025, Immerse <a href="https://www.apartments.com.au/news/qld/first-look-immerse-projects-plan-new-apartments-at-kirra-beach">lodged plans for 105 apartments</a> on its 2,026 sqm Haig Street site.

The developer has now revised the proposal, reducing the 14-storey building to nine storeys and cutting the total number of apartments from 105 to 65.

The new scheme will also feature a broader mix of apartments. It will comprise 23 two-bedroom units, 17 three-bedroom units, and 25 four-bedroom apartments, the latter a configuration that was not included in the original proposal.

<img alt="Lot 11 C2859, 7 Haig Street, COOLANGATTA QLD 4225" data-entity-type="file" data-entity-uuid="972e3bbf-c3e6-4308-b098-5821e571f829" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Haig%20Street%20perspective%201.png?VersionId=3jkyNU0n7TW08DpkoEsY62bXWTb3UHxY" />

The building will rise to a compliant height of 29 metres, aligning with the Building Height Overlay.&nbsp;

The built form incorporates three basement levels accommodating 197 resident car parks and 13 visitor spaces, alongside storage and servicing areas. Level two is dedicated in part to communal amenity, including a lap pool along the western boundary, pool deck, spa and cold plunge pools, gym, work-from-home and meeting spaces, and landscaped areas designed to enhance privacy and outlook.

The typical floorplate will have eight apartments per level.

<img alt="Lot 11 C2859, 7 Haig Street, COOLANGATTA QLD 4225" data-entity-type="file" data-entity-uuid="002d2594-9cf4-4ee4-bb2a-9a0546ac1cc5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Haig%20Street%20site.png?VersionId=Qk.Cm0K9RziXrWu0Q4u2eOjEM3CwNhhC" />

The subject site is currently occupied by two 1970s-era walk-up buildings, Giraween and Caribbean, comprising 14 apartments.

Immerse Projects, led by building veteran John Kearney, who also heads construction firm Greyburn, has become increasingly active in the Kirra and broader southern Gold Coast market. The group recently completed Rhyhthm Kirra Hill on Garrick Street. They have another site locally, on McLean Street, which has approved plans for 58 apartments.

First Look: Immerse favours four-bed apartments in Kirra Beach switch

Chapel Street

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The redevelopment of the Jam Factory on Chapel Street will now include between 550 and 650 apartments after Gurner and Qualitas have bought into Newmark Capital’s $1.4 billion redevelopment.

The Gurner-Qualitas partnership will reportedly tip in about $75 million of equity.

The partnership will acquire part-ownership of the iconic site, with the project to be jointly developed with Newmark.

Construction is expected to be completed in 2025 if works start next year.

Chapel Street’s forlorn Jam Factory was acquired by Newmark, led by Chris Langford and Simon Morris, for about $165 million in 2015 from Challenger.

Newmark's sale will see less commercial office space, and a 170 room hotel, in the proposal that updates the 20,000 square metre mall at 500 Chapel Street.

Langford told Nine Entertainment the project would reinvigorate the Chapel Street precinct.

"We have a strong belief in the area and the economy,” he said.

Newmark will retain the retail centre and new office tower, while Gurner and Qualitas will acquire the hotel portion along with having a share in the profits and revenues stemming from the apartments sales.

Mark Fischer, the global head of real estate at Qualitas, told Nine the real estate fundamentals of the location were “indisputable”.

“The deal provides the opportunity to bring together great real estate, nimble large-scale capital, and market-leading development capabilities,” he said.

The latest residential projects on Chapel St include 661 Chapel with 116 one, two, three and four-bedroom residences across 30 floors at the Yarra River end of the strip.

[smartcode_project:default project_id=600]

Gamuda Land’s 661 Chapel Street enjoys views of the river and Melbourne CBD.

The architecture firm, Bird de la Coeur, designed the compex winning the 2019 Good Design Awards in the category of commercial and residential architectural design.
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The redevelopment of the forlorn Jam Factory on Chapel Street will now include between 550 and 650 apartments

jchancellor

Chapel Street gets fillip from Gurner with Jam Factor renaissance

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661 Chapel Street in South Yarra is the first Australian project of the Malaysian-based developer Gamuda Land.

Completed ahead of schedule in 2018, 661 Chapel comprises 116 one, two, three and four bedroom apartments across 30 levels and was designed by local architecture firm Bird de le Coeur.

Located in the heart of one of Melbourne's most vibrant suburbs, there's plenty to enjoy in and around 661 Chapel. 

Urban took a look at some of the best amenities on offer on the iconic Chapel street and its surrounds.

[smartcode_project:default project_id=600]

Situated beside the Yarra River, 661 Chapel Street enjoys views of the river, Melbourne CBD and the Bay.

Its close proximity to Melbourne’s CBD, parklands and elite shopping precincts make it the ideal residence for young professionals and downsizers looking to capitalise on convenience and style.

Famed for for its chic boutiques, haute-couture labels, world-class restaurants and quaint cafes, Chapel Street is not limited to just such. For the artistically minded peruse galleries and bookstores among myriad other visual delights.

Among the famed eateries is Miss Chu, Two Birds One Stone, Hawker Hall and Top Paddock, with wait times of over 30 minutes at their peak, you won't want to miss out. 

<a href="/buildings/661-chapel-street-661-chapel-street-south-yarra"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/661_chapel_surrounds.jpg" style="width: 580px; height: 387px;"></a>

Among its extensive hotel-inspired resident amenity, 661 Chapel Street boasts a concierge, gym, winter garden and members’ lounge.

The mindfully designed community spaces placed within the development include a grand library in the lobby, the lounges and cinema at level 6, private dining rooms as well as a wine room. In a lockdown, these community spaces provide extra convenience for residents to work-near-home without having to leave the development.

But that’s not all, a 25-metre pool is cantilevered six levels above the streetscape, rivalling the neighbouring hotel pool at The Olsen and a grand library offers residents the opportunity to tuck away in their own home.

All these amenities are available from $546,000, the price of a one-bedroom, one-bathroom residence in the building.

<a href="/buildings/661-chapel-street-661-chapel-street-south-yarra"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/661_pool.jpg" style="width: 580px; height: 538px;"></a>

With a tram stop at your doorstop, it's a short trip to South Yarra Station and from there the CBD is at your fingertips.

661 Chapel is adjacent to Melbourne High School and short distance from either Richmond Primary School or St Michael’s Grammar School, to name just a few educational institutions on offer.

Experience tranquility in nature or with the family, a short drive or walk away are Como Park, the Royal Botanic Gardens Melbourne, Fawkner Park and Albert Park Lake.

<a href="/buildings/661-chapel-street-661-chapel-street-south-yarra"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/661_lobby.jpg" style="width: 580px; height: 387px;"></a>

Setting new benchmarks for luxury in Victoria, Gamuda Land’s Chapel Street project presents buyers with the rare opportunity to combine two apartments to create a single, large residence.

Some residents have already claimed entire floors within the complex, creating “super residences” in the sky.
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Urban took a look at some of the best amenities on offer in South Yarra's iconic Chapel street, just a stroll from 661 Chapel

jordan_55689

Get to know Chapel Street: Great eateries, retail and parks within walking distance from 661 Chapel

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In this week's podcast I catch up with Stonnington Mayor Cr Steve Stefanopoulos to discuss the changes afoot along this retail high street and surrounds, which follows on from Apartments.com.au's piece on <a href="/news/the-changing-face-of-chapel-street-south-yarra">'The Changing Face of Chapel Street'</a>.

Cr Stefanopoulos outlines the $1 billion worth of public and private investment underway and soon to begin within the Chapel Street Precinct, and the importance of Council working closely with the development industry to achieve good outcomes for the community.

Council projects include the recently completed Greville Street streetscape improvement (with further works to come), substantial upgrade of Prahran Town hall and Library, the <a href="/news/construction-commences-on-one-of-2018s-most-significant-projects">10,000 sqm Cato Square project</a>, and the <a href="/news/princes-gardens-upgrade-adds-to-prahrans-public-realm-project-pipeline">upgrade of Princes Gardens</a> amongst others.

Cr Stefanopoulos also highlights projects such as the <a href="/new-apartments/500-chapel-street-south-yarra">Jam Factory redevelopment</a> which will feature commercial office space supported by retail offerings, and the <a href="/new-apartments/402-416-chapel-street-south-yarra">Aloft Hotel</a> as really adding to the Precinct's diversity.

A summary of projects within the City of Stonnington is illustrated in Apartments.com.au's development map below;

<iframe frameborder="0" height="420px" src="https://www.urban.com.au/developments?field_local_government_area_name=Stonnington%20%28City%29&amp;embeddable=map" width="100%"></iframe>

<iframe allow="autoplay" frameborder="no" height="300" scrolling="no" src="https://w.soundcloud.com/player/?url=https%3A//api.soundcloud.com/tracks/498867348&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&amp;visual=true" width="100%"></iframe>
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Laurence Dragomir

Weekly Podcast: Episode 31 - City of Stonnington Mayor Cr Steve Stefanopoulos

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Following on from Apartments.com.au's in-depth look at the <a href="/news/the-rise-and-rise-of-melbournes-spencer-street">development activity along Spencer Street</a> on the edge of Melbourne's CBD, today we turn our attention to the development shaping one of Melbourne's renowned High Streets - Chapel Street.

The street which stretches through South Yarra, Prahran and Windsor before crossing Dandenong Road into St Kilda, has been previously characterised as a retail strip, but has struggled in recent years due to high rent sought by landlords which has in turn had an impact on the street's liveliness.

According to Stonnington Mayor, Councillor Steve Stefanopoulos, the City of Stonnington is excited about the private and public capital investment being injected into the Chapel Street precinct.

Chapel Street is currently undergoing massive growth and change, he says, with the State Government having commenced construction of the eastern portal of the Metro Tunnel. Redevelopment of the entrance to South Yarra Station (the busiest outside the CBD) and the construction of accessible trams stops out the front, will hopefully commence in the new year.

The South Yarra section of Chapel Street in particular has started to evolve with a more diverse mix of retail offerings and further introduction of food and beverage outlets. The construction slated over the next 3 years will have further impact on the street in the short term but will ultimately enhance and contribute to the street's vibrancy in the long term, according to Beller Commercial's Fred Nucara.

The projects which are due to have the greatest impact on the streetscape are highlighted below:

<h2>Capitol Grand </h2>

<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/capitol_grand_redden_aug18.jpg" rel="gallery-all" title="Capitol Grand beginning to make its mark on the corner of Chapel St and Toorak Rd. Images: Bates Smart | Urban member redden"><img alt="" class="image-article-full-width-580px" height="264" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/capitol_grand_redden_aug18.jpg?itok=vHdqHT21" title="Capitol Grand beginning to make its mark on the corner of Chapel St and Toorak Rd. Images: Bates Smart | Urban member redden" width="580"></a>

<figcaption>Capitol Grand beginning to make its mark on the corner of Chapel St and Toorak Rd. Images: Bates Smart | Urban member redden</figcaption></figure>LK Property's towering edifice is beginning to take shape on the corner of Chapel Street and Toorak Road, with the development's sinuous forms beginning to emerge from behind the construction screens as the first traces of glazing also begin to appear. After months in the ground constructing the basement levels, head contractor Multiplex is now well above the street on the dual tower development which will top pot at 50 and 10-storeys respectively.

<blockquote>
The 180m residential tower brings together three elliptical forms, ensuring that light and shadows play across its surface. The design creates an elegant, slender composition of dynamic character, changing with one’s viewpoint and the weather. The tower top is expressed differently by reducing the mass to create a unique iconic tower worthy of its landmark location.

- Bates Smart
</blockquote>

<h2>627 Chapel Street </h2>

<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/627_chapel_before_and_after.jpg" rel="gallery-all" title="Before &amp; after - 627 Chapel Street. Images: Melbourne Acquisition | COX Architecture "><img alt="" class="image-article-full-width-580px" height="335" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/627_chapel_before_and_after.jpg?itok=Irp42uPv" title="Before &amp; after - 627 Chapel Street. Images: Melbourne Acquisition | COX Architecture " width="580"></a>

<figcaption>Before &amp; after - 627 Chapel Street. Images: Melbourne Acquisition | COX Architecture</figcaption></figure>Currently at planning, the 24-storey COX Architecture-designed office building would replace the current office building which was sold by Fridcorp to Goldfields in December last year.

Should it receive approval in its current guise, 627 Chapel street would rise to a height of 89m and provide a '3d ground plaza' setback from Chapel Street. 

<blockquote>
The design proposal for 627 Chapel Street takes the opportunity to make the most of this unique island site in Forrest Hill.

A 3m setback pushes the building back from Chapel Street, this allows for greater public space at street level and ensures that the Capitol remains visible on approach. The podium is defined by the green landscaped arbor - a permeable screen that wraps the building and connects through to the Daly Street landscaped street

- COX Architecture
</blockquote>

<h2>Jam Factory </h2>

<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/newm9968jam-factory-stage-2ia01main-square.jpg" rel="gallery-all" title="Artist's impression of the Jam Factory's main square. Image: Floodslicer"><img alt="" class="image-article-full-width-580px" height="322" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/newm9968jam-factory-stage-2ia01main-square.jpg?itok=183sbNDq" title="Artist's impression of the Jam Factory's main square. Image: Floodslicer" width="580"></a>

<figcaption>Artist's impression of the Jam Factory's main square. Image: Floodslicer</figcaption></figure>Owner of the Jam Factory, Newmark Capital is free to proceed with its substantial redevelopment of the landmark site receiving planning approval. Under the approved plans prepared by Bates Smart, the landmark South Yarra site will be transformed it into a significant commercial hub supported by a network of retail laneways.

According to Bates Smart, the vision for the Jam Factory redevelopment is for a highly permeable site that is an extension of the local context.

<blockquote>
An ensemble of buildings will embody and reflect the site’s rich character, establishing a new commercial workplace, but also creating an activated space where the public can enjoy a variety of new hospitality venues.

The redevelopment has been designed to be open and inviting and will deliver a new elevated public realm for the community to enjoy. The precinct’s character provided inspiration for the design.

The existing materiality of the Jam Factory is characterised by solid, authentic materials and industrial rawness. The new façade will reflect the factory typology and structured design language. The public realm on the ground floor will incorporate laneways and a central courtyard and will act as an extension of the urban context and street network.

- Bates Smart
</blockquote>

<h2>671 Chapel Street</h2>

<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/671_chapel_street.jpg" rel="gallery-all" title="671 Chapel Street has approval in hand. Image: Architecton"><img alt="" class="image-article-full-width-580px" height="378" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/671_chapel_street.jpg?itok=tfKzVRCI" title="671 Chapel Street has approval in hand. Image: Architecton" width="580"></a>

<figcaption>671 Chapel Street has approval in hand. Image: Architecton</figcaption></figure>Amended plans for a 21-storey residential tower at 671 Chapel Street were approved earlier this year, permitting 158 dwellings to be built replacing a single storey building.

The original application lodged with City of Stonnington during 2015 sought approval for a 30-storey building comprising 352 apartments, at an average of 12 apartments per floor. 

<h2>Esque - 649 Chapel Street</h2>

<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/image10_18.jpg" rel="gallery-all" title="Site works are currently underway at Esque. Images: Valeo Construction | Mark Baljak"><img alt="" class="image-article-full-width-580px" height="280" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image10_18.jpg?itok=nas5uwlg" title="Site works are currently underway at Esque. Images: Valeo Construction | Mark Baljak" width="580"></a>

<figcaption>Site works are currently underway at Esque. Images: Valeo Construction | Mark Baljak</figcaption></figure>Bulk excavation and piling works commenced onsite in January of this year that will ultimately deliver 72 apartments across 20 floors on a narrow site along the northern reaches of Chapel Street.

Valeo Construction is at the helm of the Fender Katalidis-designed tower for developer Mitraland, with the core set to grace the South Yarra streetscape by year's end.

<h2>Aloft - 402-416 Chapel Street</h2>

<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/aloft_streetview.jpg" rel="gallery-all" title="The Aloft hotel will change the Chapel Street streetscape. Image: Starwood Hotels and Resorts Worldwide"><img alt="" class="image-article-full-width-580px" height="308" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/aloft_streetview.jpg?itok=njyelKgC" title="The Aloft hotel will change the Chapel Street streetscape. Image: Starwood Hotels and Resorts Worldwide" width="580"></a>

<figcaption>The Aloft hotel will change the Chapel Street streetscape. Image: Starwood Hotels and Resorts Worldwide</figcaption></figure>The stage is set for Starwood Hotels and Resorts Worldwide to debut its Aloft brand in Melbourne, following the demolition and site clearing works in preparation of builder Crema Constructions taking occupation and commencing construction works on the 176-room hotel.

The hotel will anchor a mixed-use development located at 402 Chapel Street designed by international architect Tim Kobe of Eight Inc.

<h2>430-438 Chapel Street</h2>

<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/430-438_chapel_street.jpg" rel="gallery-all" title="430-438 Chapel Street will replace the 'huts' site in South Yarra. Image: Franze Developments"><img alt="" class="image-article-full-width-580px" height="352" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/430-438_chapel_street.jpg?itok=tr3FEcwJ" title="430-438 Chapel Street will replace the 'huts' site in South Yarra. Image: Franze Developments" width="580"></a>

<figcaption>430-438 Chapel Street will replace the 'huts' site in South Yarra. Image: Franze Developments</figcaption></figure>Franze Developments' joint venture with development partner Sampieri Group would see South Yarra's 'huts' site transformed into an 8-storey mixed-use development designed by Jackson Clements Burrows.

The $55 million project will include the retention of the heritage facade on site, while also providing a new pocket park on Bray Street designed by Aspect Studios incorporating water sensitive design

<h2>What they say...</h2>

<blockquote>
We have developed a structure plan for the precinct entitled Chapel ReVision, which guides future development of the largest commercial precinct outside the CBD.

Council is also investing over $60m in its largest capital project in 160 years, converting the 10,000sqm car park behind Chapel Street, Prahran into a contemporary European-style plaza due to open in mid 2019.

- Cr Steve Stefanopoulos, Mayor of Stonnington
</blockquote>

<blockquote>
Chapel Street is at the bottom of a bell curve at the moment. These major developments within the precinct are detracting from the usual vibrancy, because of the inconvenience, noise and distraction of the construction.

On a positive note, these major infrastructure investments are scheduled for completion in 2019 and 2020.

- Fred Nucara, Director Beller Commercial
</blockquote>

For a full recap from Beller Commercial's Fred Nucara listen to our <a href="/guides/chapel-street-podcast-on-the-phone-with-beller-commercials-fred-nucara">podcast interview</a>.

Lead image: Jam Factory Redevelopment Bates Smart/Floodslicer
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The changing face of Chapel Street, South Yarra

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The new owners of 627 Chapel Street South Yarra, Goldfields, are progressing with plans for a 24-storey commercial building on the site, after previous owners' Fridcorp's plans to develop an Elenberg Fraser-designed residential tower were quashed at VCAT.

<a href="/news/street-to-stalk-627-chapel-street-walks-the-walk">First covered on Urban.com.au in 2016</a>, the 37-storey residential tower was proposed to rise to a height of 127.5m (including roof plant) and provide space for cafes, offices and 372 apartments.

Goldfields, who acquired the site in December 2017, have since engaged COX Architecture to design the 89m building, which would replace the existing office building of 5,600 sqm and provide the City of Stonnington with a benchmark commercial office development.

The brief that Goldfields gave to their consultant team was concise; 

<blockquote>
We wanted to respond positively and sympathetically to the reasons why Stonnington and the tribunal members at VCAT had rejected the previous proposal.

We identified the site's commercial and retail capabilities and ultimately realised we had a unique opportunity to deliver a building that could realistically be classified as the best office building outside the Melbourne CBD.

Together we then set the team a challenge to create a beautifully designed building that will encourage interaction with the streetscape at pedestrian level whilst still looking, feeling and functioning like a premium grade office building.

- Lachlan Thompson, Goldfields COO
</blockquote>

Speaking with COX Architecture, the design team made it clear that flexible commercial office accommodation above a strong active street edge was paramount in delivering a building which would not only add to the streetscape but also provide the Forrest Hill precinct with the diversity of programme expected. 

In attempting to achieve as much active frontage as possible, COX employed a different approach to where an entry lobby would typically be located. Instead of locating it along the Chapel Street frontage, the design team located the entry lobby off Daly Street, freeing up Chapel Street with more active and engaging uses for pedestrians meandering along the busy high street.

This also gives the building greater prominence as a "gateway site" linking back to South Yarra Station and improving the permeability of the surrounding street network.

This first 12m of street wall, emphasises COX, was one of the most critical aspirations for the project in how it responded to and enriched the pedestrian environment. This resulted in what the team termed a "3D ground plaza" whereby the end-of-trip facilities were elevated to level 1 alongside further retail opportunities, extending the activity from the street vertically not just horizontally to the street. 

Moving up, the design of the tower responds to Goldfield Group's brief for a pure office building that responds and challenges to the nature of workplace design, creating an office environment based on the ideas of amenity and lifestyle.

The office tower employs a side core configuration providing an ideal floor plate for tenants that allows them flexibility in how they fit-out and occupy the space(s).

To reduce the mass of the tower, the architects have provided the form with strong vertically articulated breaks across its height, complemented by vertical glazed fins which provide solar shading not too dissimilar to COX's Conservatory project in the CBD. 

This is further supported by landscaping voids which not only provide the built form with further articulation but extend the arbour screen from the ground up the building.

According to the design team, these "breaks" provide dynamic spaces which make a positive contribution of the amenity of the workplace, allowing workers to better connect with nature.

<blockquote>
The design proposal for 627 Chapel Street takes the opportunity to make the most of this unique island site in Forrest Hill.

A 3m setback pushes the building back from Chapel Street, this allows for greater public space at street level and ensures that the Capitol remains visible on approach. The podium is defined by the green landscaped arbor - a permeable screen that wraps the building and connects through to the Daly Street landscaped street.

Each elevation has been split by a vertical break, providing a series of slender volumes, breaking down the building mass. Further interest on the facade is generated through the implementation of fins for solar shading (East, North and West facades).

Terraced gardens provide natural setbacks at 50m and towards the top of the building a series of roof terraces and a green roof that provide new workplace amenity.

- COX Architecture Design Response
</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/27_-_hero_chapel_and_daly.jpg" rel="gallery-all" title="627 Chapel Street in-situ. Planning Image: COX Architecture"><img alt="" class="image-article-full-width-580px" height="692" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/27_-_hero_chapel_and_daly.jpg?itok=NPPiv8Ti" title="627 Chapel Street in-situ. Planning Image: COX Architecture" width="580"></a>

<figcaption>627 Chapel Street in-situ. Planning Image: COX Architecture</figcaption></figure>Alongside end-of-trip facilities which provide above and beyond the number of bikes required under local policy, the 1,510 square metre island site benefits from its close proximity to South Yarra Station and tram corridors along Chapel Street and Toorak Road.

This is not dissimilar to other emerging commercial precincts in Cremorne, Collingwood and Richmond which benefit from strong public transport links and good walkability.
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Goldfields and COX reboot 627 Chapel Street

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A host of planned ‘new arrival’ developments in Chapel Street will help to revive the retail strip, according to Director of Beller Commercial, Fred Nucara.

Every year, Beller Commercial conducts retail strip research: a manual foot walk and count of shop vacancies. From this unique research, Beller has a clear view on the changing fortunes of Melbourne’s various “high streets”.

Chapel Street is divided into three precincts: South Yarra, Prahran and Windsor. Whilst Windsor is now a pumping food and hospitality destination, Prahran and South Yarra sadly present a different story with a record number of vacancies, 17 in South Yarra and 24 in Prahran.

Fred took time out of his schedule to have a chat with me via phone as we discussed some of the factors that are currently impacting the strip now and into the future. 

<blockquote>
Chapel Street is at the bottom of a bell curve at the moment. These major developments within the precinct are detracting from the usual vibrancy, because of the inconvenience, noise and distraction of the construction.

On a positive note, these major infrastructure investments are scheduled for completion in 2019 and 2020.

- Fred Nucara
</blockquote>

For more, listen below:

<iframe allow="autoplay" frameborder="no" height="300" scrolling="no" src="https://w.soundcloud.com/player/?url=https%3A//api.soundcloud.com/tracks/445161288&amp;color=%23ff5500&amp;auto_play=false&amp;hide_related=false&amp;show_comments=true&amp;show_user=true&amp;show_reposts=false&amp;show_teaser=true&amp;visual=true" width="100%"></iframe>
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Chapel Street Podcast: On the phone with Beller Commercial's Fred Nucara 

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Franzé Developments and Sampieri Group have submitted approval to transform the Chapel Street huts site near the Temperance Hotel into a $55 million mixed-use development.
The site at 430-438 Chapel Street in South Yarra is around 800 square metres in size and was purchased off market in late 2017.
The joint venture proposal includes a pocket park in Bray Street.
The proposed project has been designed to provide amenity to residents and the immediate community through its ground level activation on both Chapel Street and Bray Street.
Designed by ASPECT Studios, the proposed pocket park on Bray Street is intended to be a functional and flexible public space with seating, green infrastructure and a water sensitive design, ideal for community and potential food and beverage use.
Paul Franzé, founder and managing director of Franzé Developments, says the proposed design will provide an engaging contribution to the iconic shopping and dining mecca for years to come.
“This project will form an important part of the ongoing development of the Chapel Street precinct which is going through vital progression and change with the recent announcements regarding the redevelopment of the Jam Factory and former Spotlight sites,” says Franzé.
“The site has the benefits of two significantly different streetscapes which make it a really exciting project. The Chapel Street interface will provide a more traditional retail and food and beverage offering, aiming to attract premium tenants which will help improve the overall quality of the pedestrian experience and promote further patronage.”
The retention of the heritage façade to the northwest of the site has provided an opportunity to distinguish two unique retail tenancies and the podium façade has taken design cues from neighboring buildings, responding to the visual language of the streetscape.
A five-level podium to Bray Street hugs the tower form, creating the illusion of three interlocking components and the soft and monochromatic façade is a considered and sensitive transition between the neighbouring contemporary and traditional structures.
The project is anticipated to launch in late 2018, with construction scheduled to commence shortly after.
For more information <a href="http://www.franzedevelopments.com.au" target="_blank">click here.</a>
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jonathanchancellor-7SQnKwU6yx

South Yarra's Chapel Street hut site set for conversion

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A retail and residential investment opportunity on one of Melbourne's prime retail strips in Windsor has been listed for sale.
The <a href="http://www.teskacarson.com.au/property.cfm?propertyID=3242486&amp;realestate=124_Chapel_Street_WINDSOR_VIC_3181" target="_blank">Chapel Street property</a> is located on the eastern side of the street, on the corner of Duke Street.
Spread over two levels, the renovated building has a ground level retail shop and a first floor two bedroom apartment with separate entrance.
The property has six metre frontage to Chapel Street and 16 metres to Duke Street.
It comes leased to two tenant, including a new five year lease to the ground floor tenant, Windsor Bar &amp; Bistro. The lease yields $106,284 per annum.
Teksa Carson agents George Takis and Michael Ludski are marketing the commercial investment for a December 14 auction.
They said the property presents an exceptional opportunity for investors to acquire a securely leased asset situated on one of Melbourne’s premier retail strips.
"Chapel Street is arguably Melbourne’s premier retail strip and home to national and international designers along with a wide range of hospitality operators," Takis said.
"This particular precinct of Chapel Street has seen a major upsurge in popularity due to its eclectic style and first rate tenancy profile,’’ Mr Takis said.
"Rarely do properties of this calibre become available in what is a very tightly held and very popular retail strip."
Chapel Street is home to a mix of food and fashion retailers, an abundance of lifestyle amenities and high-end residential developments.
 
 
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jrobinson-rf4aSBido9

Chapel Street investment with five year lease for sale

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Chapel Street commercial property sales increased in the last three months of 2017, according to CoreLogic's Cityscope.
The property data firm says that sales recorded in the quarter ending February 2017 totalled $26.6 million from nine sales, compared with $3 million from three sales in the three months to November 2016.
However this is less than the recorded $211.8 million from eight sales in the three months to August 2016, though this August figure was the result of the sale of The Como Centre and 650 Chapel Street, which were bought together for $202.7 million.
This data brings the 12 month total to $372.6 million from 33 sales, a decrease from the previous 12 month total of $417.5 million from 44 sales.
The table below shows sales recorded for the past eight updates of Chapel Street Cityscope:
<a href="https://www.propertyobserver.com.au/images/2017/02/24/Corelogic-1.jpeg" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/02/24/Corelogic-1.jpeg" alt="">
Notable sales recorded in the February 2017 update of Chapel Street Cityscope include:
<ul>
<li>Unit 5 at 529 Chapel Street, South Yarra, an office/penthouse on the whole of the first level, which sold for $6.85 million through Colliers International and</li>
<li>403 Chapel Street, South Yarra, a two-storey retail building with a later brick addition to the rear on a site area of 185 square metres, which sold for a total of $5 million through CBRE – Melbourne.</li>
</ul>
<a href="https://www.propertyobserver.com.au/images/2017/02/24/Corelogic-2.jpeg" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/02/24/Corelogic-2.jpeg" alt="">
Properties listed as for sale in the February 2017 update of Chapel Street Cityscope include:
<ul>
<li>Shop 2 and shop 3, at 529 Chapel Street, South Yarra, two ground floor retail units tenanted by General Pants, to be auctioned March 9, 2017 through Vinci Carbone and</li>
<li>
<a href="https://www.realcommercial.com.au/property-retail-vic-south+yarra-502159070" target="_blank">49 Toorak Road, South Yarra</a> (pictured above), a two-storey retail building on a 56 square metre site, for sale through LINQ Property;</li>
</ul>
Leasing opportunities listed in the February 2017 update of Chapel Street Cityscope include:
<ul>
<li>409 Chapel Street, a two-storey retail building with a yard to the rear, built in 1910, has the whole of level one for lease through TeskaCarson;</li>
<li>262-264 Chapel Street, Prahran, a three-storey brick retail building to Chapel Street with a single-storey warehouse building to the rear has retail space of 500 square metres for lease through CRS Property and</li>
<li>219 Commercial Road, South Yarra, a single-storey brick retail building of 455 square metres for lease through CVA Property Consultants.</li>
</ul>
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j.ballantyne1990-6AQqhLzZaK

Chapel Street commercial property sales increase: Cityscope

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The latest research shows that commercial property sales have significantly decreased in the past three months, according to CoreLogic’s Chapel Street Cityscope report.
Sales recorded in the quarter ending November 2016 totalled $3 million from three sales.
This is compared with $211.8 million from 8 sales in the three months to August 2016 and the recorded $131.2 million from 13 sales in the three months to May 2016.
The November 2016 sales totals represent a return to normalcy after The Como Centre and 650 Chapel Street were each bought together for approximately $203 million, boosting the total in the August quarter.
This data brings the 12 month total to $451.8 million from 34 sales, an increase compared with the previous 12 month total of $331.9 million from 38 sales.
The table below shows sales recorded for the past eight updates of Chapel Street Cityscope:
<a href="/images/2016/11/30/C.S-1.jpeg" target="_blank">Click to enlarge</a>
<img src="/images/2016/11/30/C.S-1.jpeg" alt="">
Notable sales recorded in the November 2016 update of Chapel Street Cityscope include:
<ul>
<li>69 Toorak Road, South Yarra, a two-storey retail building on a site area of 151 square metres, sold for $1.535 million;</li>
<li>Suite 10 and Suite 11 of 210 Toorak Road, South Yarra, two strata offices on level one of a two-storey building including four car spaces on title, sold for a total of $0.75 million.</li>
</ul>
<a href="/images/2016/11/30/C.S-2.jpeg" target="_blank">Click to enlarge</a>
<img src="/images/2016/11/30/C.S-2.jpeg" alt="">
Properties listed as for sale in the November 2016 update of Chapel Street Cityscope include:
<ul>
<li>29 Toorak Road, South Yarra, a two-storey brick building with a shop at street level and offices above on a 187 square metres site, for sale by auction in December 2016 through Fitzroys;</li>
<li>49 Toorak Road, South Yarra, a two-storey retail building on a 56 square metres site, for sale through LINQ Property;</li>
<li>403 Chapel Street, South Yarra, a two-storey retail building with a later brick addition to the rear on a 185 square metres site, for sale by auction in December 2016 through CBRE – Melbourne.</li>
</ul>
Leasing opportunities listed in the November 2016 update of Chapel Street Cityscope include:
<ul>
<li>The Colonnade at 524 Chapel Street, South Yarra, a three-level retail and office complex with 198 car spaces over two levels , has retail space of 99 square metres and 165 square metres for lease through Fitzroys;</li>
<li>352-354 Chapel Street, South Yarra, a single-storey retail building, providing 321 square metres building area, for lease through Fitzroys;</li>
<li>2 Darling Street, South Yarra, a four-level office building with a ground floor cafe, has office space of approximately 250 square metres for lease through Healthcare Real Estate and CBRE – Melbourne.</li>
</ul>
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