Preliminary data by research giant Charter Keck Cramer reveals a 54 per cent decline in Build to Sell apartments across Australia's capital cities, while the Build to Rent boom continues with a 378 per cent increase over the last five years.

Charter Keck Cramer's upcoming National State of the Market Report - Key Metropolitan Areas, scheduled for release in September, will reveal&nbsp;a dramatic transformation in apartment supply patterns across Australia's capital cities between FY2016-2020 and FY2021-2025.

The Build to Sell (BTS) apartment sector has experienced a substantial contraction, with total supply falling by 54 per cent compared to the previous five-year period. The decline represents a reduction of 149,200 apartments across all capital cities.

<img alt="BTS Charter Keck Cramer" data-entity-type="file" data-entity-uuid="3db2ddf3-e7c0-481f-b8b9-63efb365cb80" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-20%20at%2011.26.34%E2%80%AFAM.png?VersionId=bsQl8inhZA7FeiPamnGvw1tse0obBdSd" />

Sydney led the downturn with a decrease of 73,600 apartments, followed by Melbourne (-42,800) and Brisbane (-26,800). Perth and Adelaide also recorded significant declines of 6,400 and 2,400 apartments respectively. Only Gold Coast and Canberra bucked the trend, with modest increases of 500 and 2,300 apartments.

In stark contrast, the Build to Rent (BTR) sector has emerged as a major force in the apartment market, recording a remarkable 378% increase in supply. This growth added 8,590 apartments across the capital cities during FY2021-2025. Melbourne dominated BTR growth with 6,160 additional apartments, while Sydney contributed 2,100 units. Brisbane and Canberra also recorded growth of 800 and 330 apartments respectively. Gold Coast and Perth recorded minor declines, while Adelaide maintained steady levels.

<img alt="BTR CKC" data-entity-type="file" data-entity-uuid="ca13ffd4-ab93-4828-afd2-4c3dccbd2b51" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-20%20at%2011.28.54%E2%80%AFAM.png?VersionId=SXNnpcJuFD36ViWOwF6izBBqcQc3NWao" />

“These preliminary findings indicate a fundamental shift in Australia's apartment development landscape, with traditional Build to Sell models giving way to institutional Build to Rent developments,” said Richard Temlett, Charter Keck Cramer’s National Executive Director of Research.

"This transition reflects changing investor preferences, regulatory environments and housing affordability challenges across major metropolitan areas.”

The complete Charter Keck Cramer National State of the Market Report – Key Metropolitan Areas will provide comprehensive analysis of these trends, their underlying drivers and implications for developers, investors and policymakers when released in September.

Joel Robinson

Build to Sell apartment supply drops 54% in five years across Australian capital cities

Verso Development Group is seeking to bring over 1,100 apartments to the heart of Brisbane's Toowong, with plans filed for a $1 billion, triple tower development known as Toowong Central.

The landmark urban regeneration project "aims to reshape the core of Brisbane’s inner-west riverside suburb."

Covering over 1.4-hectares across&nbsp;Sherwood Road, High Street, and Jephson Street, Toowong Central has been designed by KHA and will comprise three towers rising 49, 55, and 58 levels.

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According to the Urban Context Report prepared by Urbis, Toowong Central is positioned as a “city-defining precinct reclaiming Toowong as ‘the best destination in the west’,” with a vision to deliver density differently, strengthen Toowong’s identity, and lead subtropical urban design.

There will be a wide range of apartment configurations, from one-bedrooms to five-bedroom penthouses, as well as short-term accomodation offerings. The design prioritises pedestrian permeability, with an activated public realm featuring a central civic plaza, laneways, and street-level retail and dining.

“The central square’s structure, programming, scale and location creates a social anchor - shaped by its edges, flexible for use, and animated by a diversity of experiences throughout the day and into the evening,” the Urban Context Report noted, reinforcing the project's ambition to become a vibrant community destination.

Design excellence was pursued through an international design competition, attracting entries from renowned practices such as UNStudio and BIG. KHA’s winning design distinguished itself with a ceremonial approach to the public realm, integrating terraces, tiered seating, and green infrastructure to promote social interaction and resilience.

The development builds upon two existing approvals: the 25- and 20-storey towers of the Aviary Toowong proposal, and a separate 25- and 24-storey approval at 88 Jephson Street. Consolidation of these fragmented landholdings under a precinct-wide approach allows for increased community value and cohesive urban integration.

Urbis Director Nicholas Stevenson said Toowong Central will bridge the gap in Toowong's current experience, unlocking the potential of the wider precinct.

"Overcoming experiential constraints and leveraging contextual advantages – Toowong Central will redefine Brisbane's inner west.”

<img alt="Toowong Central" data-entity-type="file" data-entity-uuid="73f7a702-625d-452d-9df2-30a0863ac1e8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/master.png?VersionId=TZdh6wxGC_8IIroXpdkZfuhlS8mFZnea" />

Toowong Central’s ambition extends beyond residential and commercial outcomes. Uses under consideration include a world-class hotel, university facilities, a museum, and health and wellness services, reflecting its role as a western gateway to Brisbane’s growing innovation corridor between the CBD and the University of Queensland.

Urbis Managing Partner James Tuma said Brisbane has no greater opportunity to showcase the future of urban living than Toowong – a sustainable, economically vibrant, and people-centric place that embodies the best of Brisbane.

[The plans] gives us a glimpse into our future as a globally relevant, youthful, entrepreneurial, and distinctly subtropical city.”

$1 billion Toowong Central to deliver 1,100 apartments to undersupplied Brisbane market

In <a href="https://www.apartments.com.au/developments/runaway-bay-qld-4216">Runaway Bay</a>, new townhouse-scale waterfront residences are rare - but ones built to the standards found on Sovereign Island are almost unheard of.

<a href="https://www.apartments.com.au/new-townhouses/ocean-suites-on-jennifer-10-12-jennifer-avenue-runaway-bay-qld-4216">Ocean Suites on Jennifer</a>&nbsp;changes that, delivering a calibre of construction and detailing that places its seven villas well above the typical market offering in this northern Gold Coast pocket.

Ocean Suites on Jennifer will be move-in ready before Christmas this year, giving buyers the chance to spend the summer on the water in one of Runaway Bay’s rare new waterfront residences.&nbsp;

[smartcode_project:default project_id=138718 project_image_fid=214444]

The development is a collaboration between <a href="https://www.apartments.com.au/architects/stuart-osman">Stuart Osman Design</a> and <a href="https://www.apartments.com.au/developers/sand-side-developments">Sand Side Developments</a>, with construction by <a href="https://www.apartments.com.au/builders/alroe-constructions">Alroe Constructions</a>.

Architect Stuart Osman says the intent from the outset was to create a home people would be drawn to. “When you build anything, the design is to make you want to go hang out in this house,” he says.&nbsp;

Ocean Suites on Jennifer’s design features a front façade softened with planter boxes, rear pool areas, and rooftop decks looking over the water.&nbsp;

Inside, voids and high skylights bring daylight deep into the centre of each home, while ceiling heights of 2.85 metres maintain a strong sense of volume.

Each four-level residence spans 345 to 388 sqm, with layouts accommodating multi-generational living - a ground-floor bedroom suite for older family members and upper levels for the rest of the household. A lift connects all floors.

[smartcode_project:default project_id=138718 project_image_fid=214435]

For Andrew Erwin, Director at NPA, the project’s appeal lies in both its location and the detail in execution.&nbsp;

"At Ocean Suites, you’ve got a canal-front setting with direct Broadwater access and a level of finish you’d normally only see in the city’s most prestigious addresses. The four-level layouts, the glass-framed living areas, the private pools, even the extended kitchens, every part of it has been designed with the buyer in mind,” he says.

Those buyers have so far been a mix of Gold Coast locals and interstate purchasers, many seeking a lock-up-and-leave holiday home or a downsized residence without sacrificing space for visiting family.&nbsp;

Older households with teenage children are a recurring profile, drawn to layouts that support multi-generational living and the ability to host extended stays.

[smartcode_project:default project_id=138718 project_image_fid=214432]

Material selection reinforces the project’s quality-first ethos, with every home appointed to a premium standard. Kitchens and ensuites feature engineered stone surfaces, complemented by prestige oak engineered timber floors, Victorian ash hardwood staircases, and soft loop-pile carpet.

Premium lighting, statement pendants, ceiling fans, and Fujitsu ducted air conditioning elevate both comfort and design. Each residence also includes a suite of high-end appliances as standard - Fisher &amp; Paykel integrated fridges, Bosch ovens, induction cooktops and dishwashers, Vintec wine fridges, and Franke sinks.

Beyond the interiors, residents enjoy an enviable lifestyle with rooftop terraces, private plunge pools, fire pit areas, outdoor showers, smart home automation, laundry chutes, and private pontoons.

[smartcode_project:default project_id=138718 project_image_fid=214452]

With no additional upgrade costs, Sand Side Developments underscores its no-shortcuts approach, delivering homes where luxury and amenity come as standard.

Osman adds that the kitchen has been designed as “the main hub of the house” with six metres high skylights above a galley-style layout that “makes it feel bigger, brighter, whiter” and “brings light into the centre of the home.”

Both architect and builder emphasise a shared commitment to delivering the intended design without compromise. “Working with Alroe’s structural team and their construction team, it’s been great to make sure that the look and feel that was originally intended is the result achieved at the end of the project,” Osman says.&nbsp;

[smartcode_project:default project_id=138718 project_image_fid=214453]

Outdoor living has been given equal consideration, with rooftop terraces designed for entertaining with a fire pit and bar, and spacious undercover patios featuring private plunge pools.

The marine access is as carefully executed as the homes themselves. An eight-metre gangway leads to a six-metre private pontoon capable of mooring vessels up to 30 feet, just 300 metres by water from the Broadwater.&nbsp;

Even the orientation of each villa has been optimised to capture long views down the canal, across the Broadwater, and south to Main Beach.

With construction in its final stages, just three of the seven villas remain, priced from $3.365 million to $3.695 million.

[smartcode_project_cta:default project_id=138718]

Sovereign Island standards come to Runaway Bay with Ocean Suites on Jennifer

Without local developer <a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a>, it could be argued that the small suburb of <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> would be left behind when it comes to both new housing and retail opportunities.

Gardner Vaughan, one of South East Queensland’s most reputable builder-developers, has been based in <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> for the last decade. They plan to maintain their presence in the northern <a href="https://www.apartments.com.au/developments/brisbane-qld">Brisbane</a> suburb, just seven kilometres from Brisbane Airport and nine kilometres from the city, with the development of <a href="https://www.apartments.com.au/new-apartments/danby-lane-nundah-village-5-danby-lane-nundah-qld-4012">Danby Lane</a>, the first major project in several years in the heart of the town centre.

GVG will retain one of the commercial spaces in the new mixed-use building for their office headquarters. It will be located in the commercial podium, alongside several other new office spaces. Below will be a street-level retail precinct designed to reinvigorate the local economy, and above, 84 brand-new apartments.

[smartcode_project:default project_id=112531 project_image_fid=320114]

Over 60 percent of the apartments have already been snapped up, with buyers eager to secure one of the rare new apartments in <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a>, as well as to benefit from Gardner Vaughan’s solid reputation and long-standing presence in the local community.

[smartcode_project:default project_id=112531 project_image_fid=320117]

Gardner Vaughan identified the site at the corner of Buckland Road and Danby Lane for its proximity to key amenities. Within 400 metres of the development, <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> Village offers a variety of cafes, restaurants, and pubs. <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> Train Station, just 400 metres away, provides a quick 20-minute train ride into Roma Street.

The development has also attracted young families, drawn to the proximity of not one, but twelve parks, with Boyd Park and Oxenham Park being the most notable. Established families have shown interest due to the close proximity of <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a> State School and Mary MacKillop College.

The one- and two-bedroom apartments in the building have already been snapped up, while the larger three- and four-bedroom apartments—ranging from a generous 117 sqm to nearly 200 sqm—remain highly sought after. There are also just three exclusive luxury penthouses left to sell.

With its in-house construction capability, Gardner Vaughan has already commenced construction on-site and expects to complete the building by March 2027. It's hard to see another opportunity to buy brand new in <a href="https://www.apartments.com.au/developments/nundah-qld-4012">Nundah</a>, where creating a site anywhere near the scale of the Danby Lane is becoming more and more difficult.

[smartcode_project_cta:default project_id=112531]

Why Danby Lane is the focal point for change in Brisbane's Nundah

<a href="https://www.apartments.com.au/developers/metro-property-group">Metro Property Group</a>’s flagship townhouse development, Citrine Townhomes in <a href="https://www.apartments.com.au/developments/rochedale-qld-4123">Rochedale</a>, has reached another key construction milestone, with the first stage of townhouses now in the defects phase.

All building works for Stage 1 are complete, with the internal roads asphalted, line marking finished, and the bin store slab poured.&nbsp;All essential services, including permanent power, sewer, gas, and water, are now connected and operational.

The defects process is expected to continue until late-August.

<img alt="Citrine Townhomes, Rochedale" data-entity-type="file" data-entity-uuid="f48ad1d8-7bb2-424a-a378-2caa4d34c27d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/017%20-%20%20ROLLEY%20PHOTO%20MEDIA%20%20%20-24072025.jpg?VersionId=o5BC3LgYTwxcufsjldO8mkPww3gix1NC" />

Stage 2 is also moving forward steadily, with all townhouses sheeted, the first coat of paint applied, and joinery installed throughout. Tiling has been completed on six of the seven blocks, and the pool is scheduled to be pebblecreted by the end of August.

Stage 3 continues to gather momentum, with external cladding completed on three of the eight blocks. All townhouses have been fully roughed-in for electrical, plumbing, and air conditioning, and the first two blocks have now progressed to internal sheeting.

Stage 1 and 2 are 100 per cent sold and there are now just 10 four-bedroom townhomes left in Stage 3, priced from $1,125,000.

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Residents at <a href="https://www.apartments.com.au/new-townhouses/citrine-townhomes-rochedale-311-gardner-road-rochedale-qld-4123">Citrine Townhomes</a> can also look forward to high-quality shared amenities. The residents' facility will feature a pool, landscaped areas, and a BBQ space, contributing to a lifestyle-focused community environment.

Metro’s fully furnished display home has generated strong interest locally, reinforcing the market’s confidence in the project. Stage 1 and 2 are completely sold out and Stage 3 has officially launched and is selling fast. Just 10 townhouses remain for sale in the development.

[smartcode_project:default project_id=136295 project_image_fid=273134]

The broader Citrine development comprises 90 three and four-bedroom townhomes designed across two to three levels, offering a contemporary contrast to Rochedale’s surrounding single-family homes.

Located just 17 km from Brisbane CBD, Citrine is within walking distance to schools, parks, and the popular Rochedale Village, home to Coles, medical services, and dining options.

Metro Property Group remains on track for project completion, with settlements forecast for Stage 1 in October/November 2025, Stage 2 in November/December 2025, and Stage 3 in January/February 2026.

[smartcode_project_cta:default project_id=136295]

First stage of townhouses at Citrine Rochedale reaches completion milestone

Darling Harbour

Just a handful of two-bedroom apartments remain at the Darling Harbour NewLife apartments.

The St Leonards-based developers, TWT Property group are behind the Harris Street development, which comprises 200 apartments in total, with a range of single-storey one, two and three-bedroom apartments, two-level terrace apartments and penthouses.

[smartcode_project:default project_id=9040 project_image_fid=193451]

The multi-layered building steps down from nine-storeys along Harris Street to six levels facing Bulwara Lane, with the ground floor retail and commercial space activating Harris Street.

Verdant garden corridors and welcoming open-air courtyards invite greenery into the heart of the buildings, with the central haven stitching together architecture and nature, to create a leafy green backdrop to the homes within.

Five of Australia’s leading architectural firms were invited to compete for the project with Architectus winning the competition for their innovative, sympathetic and eye-catching design.

Renowned international artist Hang Xia was also selected to activate a new laneway at the NewLife Darling Harbour development.&nbsp;

[smartcode_project:default project_id=9040 project_image_fid=193451]

Poised over the Darling Harbour precinct and nestled amongst the Ian Thorpe Aquatic Centre, UTS and the ABC studios, NewLife Darling Harbour sits on the ridge of a peninsular that extends from Broadway north to Pyrmont Point.

The elevated position offers views to the CBD, major bridges and the harbour while inventive architecture weaves distinctive living and leisure zones into the fabric of the building.

Taking advantage of the building’s aspects, the apartments are complemented by a landscaped rooftop terrace, with barbecue facilities, and a veggie garden, all designed to capitalise on the building’s extraordinary outlooks and location.

[smartcode_project:default project_id=9040 project_image_fid=193451]

Stepping inside, from room to room, wide-format Oak floors ground the interiors in nature, while textured timbers and stone finishes create layers of tactile, organic luxury.

Opening themselves up to the skyline of Sydney, the apartments focus on incorporating light, air and flow into the designs, with the private outdoor spaces acting as an extension of the homes, along with inviting the outdoors in.&nbsp;

One of the remaining two-bedroom apartments comes with a price tag of $1,485,000, spanning 91 sqm with two bathrooms.&nbsp;

The two-bedders, with an asking price of&nbsp;$1.6 million, spans 88 sqm, and has two-bathrooms along with one car space.&nbsp;

[smartcode_project_cta:default project_id=9040]

alisonwarters@gmail.com

Just two-bedroom apartments left at NewLife Darling Harbour

New Life Darling Harbour residences have a unique setting within Ultimo&rsquo;s rich and significant history. Pyrmont-Ultimo was once the most important industrial suburb in Sydney powering NSW into the 20th Century

The history of Ultimo is very much connected to the Harris family, the dominant landowners in the area for over 100 years who gave Harris Street its name. In the 1800s, they built the substantial villa &ldquo;Littlebridge&rdquo; here.

As a building boom hit in the 1870s, rows of terraced houses, worker cottages, factories, breweries, foundries and warehouses increasingly dominated the landscape. In 1938, the aroma of tea and coffee filled the air when iconic Australian tea company Bushells acquired the land for a tea warehouse, coffee grinding and roasting facility.

[smartcode_project:default project_id=9040 project_image_fid=194006]

In the 1960s, the Harris Street premises became the TAB&rsquo;s headquarters and nerve centre of a rapidly expanding betting business. It became one of the largest employers of women in the state, operating a complex system of telephones connecting, recording, and tallying accounts between hundreds of metropolitan and country TAB branches and racecourses.

According to historians, no suburb has contributed as much to the economy and amenity of Sydney as Pyrmont-Ultimo. It embodies the seeds of this nation&rsquo;s industrial success since the late 1800s.

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Few places enchant with such diversity and sophistication as Sydney. From hawker-style diners to hatted restaurants, it&rsquo;s a city that has it all, and New Life is in the heart of it.

While the residences deliver high-quality amenity, a focus was still placed on life outside, within the community.

NewLife Darling Harbour&rsquo;s principal architect, Brendan Randles, lead the team that drove the innovative and artful city development saying,

&ldquo;Quality of life is important to us. What is happening outside our homes is as important as what is offered inside. We want local environments to thrive alongside the people and communities who live there.&rdquo;

&ldquo;We take locations and transform them. We work with local communities, councils and stakeholders to create vibrant environments. We collaborate with the best professionals and most creative industry minds to bring new life to every project,&rdquo; he added.

[smartcode_project:default project_id=9040 project_image_fid=193878]

The <a href="/news/architectus-and-ingehoven-on-sydneys-latest-super-skyscraper" target="_blank">Architectus</a>&nbsp;designed residences pay homage to the site&rsquo;s semi-industrial history, delivering a collection of 200 apartments, with a range of single-storey one, two and three-bedroom apartments, two-level terrace apartments and penthouses.

The nine-storey building has a limited selection of two-bedroom&nbsp;apartments still remaining within the fully-completed residential development.

[smartcode_project_cta: project_id=9040]

According to historians, no suburb has contributed as much to the economy and amenity of Sydney as Pyrmont-Ultimo. It embodies the seeds of this nation’s industrial success since the late 1800s.

How NewLife Darling Harbour brings to life the site’s location 

As one of Australia&rsquo;s largest architectural practices,&nbsp;<a href="/news/architectus-and-ingehoven-on-sydneys-latest-super-skyscraper" target="_blank">Architectus</a>&nbsp;brings a wealth of international experience to their multi-award-winning projects.

Located at 495 Harris Street, the multi-layered building steps down from nine-storeys along Harris Street to six levels facing Bulwara Lane, providing 200 apartments, with a range of single-storey one, two and three-bedroom apartments, two-level terrace apartments and penthouses.

A limited selection of two-bedroom, two-bathroom apartments&nbsp;are still on offer in the NewLife Darling Harbour project, with 79 sqm of internal space and 13 sqm balconies, from&nbsp;$1,485,000.

[smartcode_project:default project_id=9040 project_image_fid=194013]

&ldquo;The building&rsquo;s eye-catching, multi-layered form creates an outstanding place to live, to experience, and to glimpse from its many surrounding environments.&nbsp;Flanked by historic Victorian terraces, we created a lively group of buildings set around the courtyard rather than one amorphous structure to better integrate with the surrounds,&rdquo; said Brendan Randles, Principal, Architectus.&nbsp;

From room to room, wide-format Oak floors ground the interiors in nature, while textured timbers and stone finishes create layers of tactile, organic luxury.

These considered apartments open themselves to Sydney, uniting under-stated modern lines with the drama of the great harbour city.

Light, air and a flow of private indoor-outdoor space add a special dimension to these residences. Open layouts work to maximise the city, harbour, and garden vistas, drawing them inside the home.

Residences enjoy versatile winter gardens, alfresco balconies or sweeping terraces, while many apartments capture northern aspects, with sliding or fixed perforated screens providing privacy and shelter when needed.

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&ldquo;Spacious, wide-fronted apartments and sprawling roof-garden penthouses create a rich residential landscape,&rdquo; Randles added.

New Life&rsquo;s materials, lighting and detailing explore a return to comfort for contemporary inner city living.

Layers of subtle tonal colour and texture reflect a refined and uncomplicated modern signature.

Kitchens are designed with form and function in mind, catering to generous or intimate entertaining to suit every occasion. Rich, full-height cabinets offer space, while clean-edged chrome tap-ware and fittings add glimmers of polish and reflection.

A portrait of repose, New Life&rsquo;s spa-like bathrooms offer a composed space in which to unwind, with frameless glass showers and seamless ambient lighting expanding the sense of space. Open shelves and vanity tops are made up of marble or Caesarstone and storage is cleverly mirrored and concealed, while still providing ample space.&nbsp;

[smartcode_project:default project_id=9040 project_image_fid=194012]

High-end Miele appliances feature in the kitchens, complemented with spacious island benches or galley kitchens. A flowing sea of grey travertine-look tiles set clean lines and a graceful tonal palette, giving the spaces a very inviting quality.

The development also includes work by renowned international artist Hang Xia, who was selected to activate the new laneway at NewLife Darling Harbour. Titled Memory Tree, Xia transforms and becomes the heart of the laneway with an intricately designed and kinetically-lit, eight metre-high &lsquo;tree&rsquo;,inspired by Xia&#39;s childhood love of early animations like the Transformers series.

[smartcode_project_cta: project_id=9040]

From room to room, wide-format Oak floors ground the interiors in nature, while textured timbers and stone finishes create layers of tactile, organic luxury.



Inside the two-bedroom Darling Harbour apartments in the NewLife development

Mirvac has progressed in its plans to transform Harbourside, Darling Harbour into a new, world class destination for Sydney, following the appointment of architects Sn&oslash;hetta and Hassell Studio.

Sn&oslash;hetta and Hassell Studio submitted the winning design concept to the international Harbourside design excellence competition, which was selected by a jury of six influential urban design experts.

The proposed $2 billion redevelopment of the Harbourside precinct is a landmark project in Mirvac&rsquo;s $28 billion national development pipeline, said Mirvac chief investment officer, Brett Draffen.

&ldquo;We are delighted to reach this important milestone and progress the formal design excellence process for the revitalisation of Harbourside, working alongside Place Management NSW&rdquo;, he said.

The winning design was selected by the jury because it &ldquo;emphatically embraced&rdquo; Mirvac&rsquo;s vision for Harbourside.

Subject to the necessary approvals from the NSW Government, Harbourside is expected to deliver approximately 24,000sqm of office space, 7,000sqm of retail and 350 luxury apartments.

As part of the project, Mirvac will also deliver 10,000 square metres of public domain, including the proposed 3,500sqm Guardian Square, as well as a widened waterfront promenade for the community to visit and enjoy.

The concept for Harbourside characterised by this network of welcoming public open spaces featuring natural materials and vegetation.

&ldquo;At its heart, Guardian Square will become Pyrmont&rsquo;s new neighbourhood park and community meeting place, with landscaping and moments of art and activation planned to deliver an enlivened precinct that provides locals and visitors alike with a powerful sense of belonging, community and ownership&rdquo;, said Draffen.

The development pays respect to the Indigenous history of its Sydney site.

&ldquo;For thousands of years, Aboriginal people lived in and around this area which to them was an important gathering place known as Tumbalong, named after the harbour&rsquo;s abundance of seafood&rdquo;, Draffen said.

Hassell principal, Liz Westgarth said: &ldquo;The landmark Sydney site of Darling Harbour, previously known as Tumbalong, has a long, rich, and layered history, which provides a unique context for world-class architecture and place-making to inspire future story creation.&rdquo;

Kaare Krokene, managing director of Sn&oslash;hetta Australasia said: &ldquo;We are extremely proud of a design that acknowledges the historic sandstone escarpment landscape of Tumbalong, now known as Darling Harbour.&rdquo;

This continues the tradition of shared public space, honouring the first nations Gadigal and Wangal people who saw this as &quot;shared country.&rdquo;

Luxury apartments will be designed to meet the high standards of sustainability and liveability, featuring smart technology and an exciting array of shops, eateries and other attractions.

Harbourside is expected to commence construction in 2023 once approvals are secured.

Snøhetta and Hassell Studio submitted the winning design concept to the international Harbourside design excellence competition, which was selected by a jury of six influential urban design experts

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Architects appointed to Mirvac’s $2 billion Darling Harbour redevelopment to transform Harbourside 

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Greaton has announced its appointment of a new construction contractor at The Ribbon hotel project in Sydney’s Darling Harbour.

Probuild, will take over construction on the 25-storey project from its previous contractors Grocon.

Greaton advised it ensured “continuity of the build” towards its Q2 2022 completion date.

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The building will include a five-star W Hotel, including 450 guestrooms and 143 suites, and will reintroduce an IMAX Theatre.

<img alt="" height="666" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/darling_harbour_ribbon_hotel_2.jpg" width="1200">

With $2 billion worth of development projects in the pipeline, Greaton’s portfolio includes property landmarks spanning hotel, residential and commercial developments. 

The company’s flagship project in Sydney’s Darling Harbour, The Ribbon, will incorporate a 25-storey hotel development and new premises for Sydney’s IMAX theatre. 

Greaton’s projects elsewhere in Sydney include Oxford Central in the new Epping Town Centre, with the 251-apartment development, designed by Marchese Partners.

It is expected to be completed and fully settled in Q1 2020. 

Probuild’s national pipeline of projects worth $5 billion and an annual turnover of more than $2 billion is currently delivering Greenland Australia’s Greenland Centre in Sydney.
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Greaton advised it ensured “continuity of the build” towards its Q2 2022 completion date.

jchancellor

Probuild take over construction of The Ribbon hotel project in Sydney’s Darling Harbour from Grocon

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Multiplex has completed M&amp;L Hospitality’s redevelopment of 161 Sussex Street in Sydney's Darling Harbour.
The former Four Points by Sheraton Sydney was rebranded earlier this year to Hyatt Regency Sydney, marking the Hyatt Regency’s return to Sydney.
The redevelopment included refurbishment of the existing hotel; the construction of a new 3,667 square metre convention centre; and a 25-level tower including 13 new hotel levels and 10 levels of A-grade high rise commercial office space.
The additional 25-storey tower has added 222 new guest rooms to what was already Australia’s largest hotel, bringing the total number of rooms to 892.
David Ghannoum, regional managing director at Multiplex said the challenges involved building over an operating freeway and in a live hotel environment.
A significant amount of construction took place over the top of the Western Distributor Freeway, a major feeder road from the Sydney CBD to the Sydney Harbour Bridge.
Construction was completed with minimal disruption to the 80,000 vehicles using the Western Distributor daily and the 600-700 guests staying at the hotel each night.
Work commenced in December, 2014 and spanned a two year period.
The project generated approximately 2,250 jobs during construction.
Construction saw some 11,500 cubic metres of concrete poured and 635 tonnes of steel installed to create the building’s structure, and over 1,388 glass panels installed to form the hotel’s façade.
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j.ballantyne1990-6AQqhLzZaK

Darling Harbour sees return of Hyatt Regency to Sydney

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Sydney’s Darling Harbour: popular but noisy and expensive. Here’s how we could do better to provide a safe place to work and play. <a class="source" href="https://www.shutterstock.com/download/success?u=http%3A%2F%2Fdownload.shutterstock.com%2Fgatekeeper%2FW3siZSI6MTU0NzU0MzAxNiwiYyI6Il9waG90b19zZXNzaW9uX2lkIiwiZGMiOiJpZGxfMTg4Mjk2MDMxIiwiayI6InBob3RvLzE4ODI5NjAzMS9tZWRpdW0uanBnIiwibSI6MSwiZCI6InNodXR0ZXJzdG9jay1tZWRpYSJ9LCIyeXl2aTFtdVhSZEpodktYN2FRMVR0akZmY0kiXQ%2Fshutterstock_188296031.jpg&amp;pi=41133566&amp;m=188296031&amp;src=FRqrebc_WbmZL_pwE2pIQA-1-11"> </a>
More towers at Sydney’s Darling Harbour are among redevelopment plans for the inner city waterfront precinct and this has prompted <a href="https://www.smh.com.au/national/nsw/population-of-a-small-town-the-transformation-of-darling-harbour-20181112-p50fgo" target="_blank">recent debate</a>.
Plans open for public commentary include proposals for <a href="https://www.planning.nsw.gov.au/News/2016/Have-your-say-on-the-redevelopment-of-Cockle-Bay-Wharf" target="_blank">new tall buildings</a> at <a href="https://www.planning.nsw.gov.au/Assess-and-Regulate/State-Significant-Projects/Cockle-Bay" target="_blank">Cockle Bay</a> and <a href="https://www.planning.nsw.gov.au/News/2016/Have-your-say-on-the-redevelopment-of-Harbourside-Shopping-Centre" target="_blank">at the Harbourside Shopping Centre</a>.
Critics include <a href="https://architectureau.com/articles/city-of-sydney-objects-to-darling-harbour-developments/" target="_blank">Russell Hand and Christopher Ashworth</a>, senior planners at the City of Sydney, who have lodged <a href="https://www.smh.com.au/national/nsw/tall-towers-for-darling-harbour-spurned-by-city-of-sydney-planners-20170111-gtpeeh" target="_blank">formal objections</a>.
Alex Greenwich, independent MP for Sydney, <a href="https://www.smh.com.au/national/nsw/no-planning-merit-cockle-bay-redevelopment-attracts-strong-opposition-20180824-p4zzln" target="_blank">describes the Cockle Bay proposal</a> as “very poor planning”. In the same article, Graham Quint of the National Trust says Darling Harbour would be “degraded” by overdevelopment.
Celebrated architect Philip Cox fears the area has “<a href="https://www.smh.com.au/national/nsw/population-of-a-small-town-the-transformation-of-darling-harbour-20181112-p50fgo" target="_blank">gone backwards</a>” as it does not really create a unique urban space, nor does it contribute much to the city.
Plans for ever larger buildings, bringing in more people and attracting more tourists may mark a point of no return for the precinct. It would place increased pressure on the available space, which already houses a <a href="https://www.smh.com.au/national/nsw/population-of-a-small-town-the-transformation-of-darling-harbour-20181112-p50fgo" target="_blank">town full of people</a>.
More development of the type proposed also leaves little space to regenerate the city, to create places where nature and open space can help to deal with floods or heat, let alone create a valuable ecological landscape.
To see where development of Darling Harbour went wrong and what we could do better, we need to consider the area as a whole. That’s <a href="https://www.sydney.com/destinations/sydney/sydney-city/darling-harbour" target="_blank">Darling Harbour</a> itself, <a href="http://www.cocklebaywharf.com.au/" target="_blank">Cockle Bay</a>, the <a href="https://theconversation.com/this-is-how-westconnex-can-deliver-sydney-a-better-city-centre-90171" target="_blank">Darling Harbour Corridor</a>, <a href="https://www.barangaroo.com" target="_blank">Barangaroo</a>, <a href="https://www.darlingpark.com.au/home" target="_blank">Darling Park</a> and <a href="https://www.cityofsydney.nsw.gov.au/explore/facilities/parks/major-parks/tumbalong-park" target="_blank">Tumbalong Park</a>.
Three examples highlight how development of the Darling Harbour area over the past 30 years has been botched.
1. Darling Harbour as a noisy neighbour
Walk down Darling Harbour towards Barangaroo on a random night and this is what you’ll face.
Noisy bars and restaurants along Cockle Bay are full; quieter places inside are, even for Sydney’s standards, expensive; bright lights compare with the neon of Shanghai’s Nanjing Road; and there is activity everywhere, even on the water where party boats disturb not only human but also animal life.
I am not against a lively precinct. But Darling Harbour is currently operating like your noisy neighbour — a nice guy but with too many bad habits. He eats too much, burps whenever it is convenient, grows fat and watches the same programs every day.
There it is, consuming tourists (<a href="https://www.destinationnsw.com.au/wp-content/uploads/2018/10/darling-harbour-visitor-profile-ye-march-2018.pdf?x15361" target="_blank">4.6 million in the year ending March 2018</a>), growing bigger buildings all around, producing noises no-one wants to hear, and looking like a huge TV screen flickering flashy lights into the night.
Barangaroo is the next stage of “badnertainment”, adding more expensive drinking and eating venues, increasing traffic congestion, and continuing the <a href="https://theconversation.com/packers-barangaroo-casino-and-the-inevitability-of-pokies-15892" target="_blank">gambling boulevard</a> all the way through to <a href="https://www.barangaroo.com/see-and-do/things-to-do/itineraries/barangaroo-reserve/" target="_blank">Headland Park</a>. Compared to the former port facilities that stood there, at least people can enter this space up to the water’s edge.
But Barangaroo remains a private collection of colossal buildings, impenetrable if you don’t belong to the corporate world.
2. Tumbalong Park, hidden behind a highway
Tumbalong Park is hidden behind a highway, so far back no one can see the water. Though there are paths, plants and a stage, the overkill of lights and noise is not what you’d expect from a park.
Anyone who wants to spend time there on a hot day will experience the “<a href="https://www.nationalgeographic.org/encyclopedia/urban-heat-island/" target="_blank">heat island effect</a>”. Here, heat is amplified compared with the surrounding area as the grass is surrounded by large chunks of concrete and glass. That, combined with a feeling of being observed from all sides, might explain why you hardly find people sitting on the grass.
3. Highway cuts up public space
Where do people plan a highway through a public space? In Sydney, this is quite normal. The Western Distributor splits the City from Circular Quay and Darling Harbour. A spaghetti of ramps, concrete traffic lanes and multilayered traffic disconnects surrounding areas including Ultimo and Haymarket from the real beauty: the water and water’s edge of Cockle Bay. What could be a coherent urban precinct is cut in half and displaces the urban front from the water’s edge.
Let’s transform this ‘blinging, boring barrier’
These three failings form an urban sink hole for Sydney’s residents — a gap in which tourists are trapped and the corporates show off. <a href="https://theconversation.com/this-is-how-westconnex-can-deliver-sydney-a-better-city-centre-90171" target="_blank">Through traffic and congestion</a> dominate the area.
Darling Harbour is full of bling, the park is boring, and the highway is a barrier. Sydney created a blinging, boring barrier.
Why can’t Darling Harbour and Cockle Bay be a sensitive space, where you can experience relative darkness and silence when eating and drinking, and you can enjoy the tranquility of dark water so close to the city centre?
Wouldn’t it be sensational if you could whisper a secret message to your darling instead of shouting how his or her working day was? Wouldn’t it be great if you could sit on the edge of the harbour, dangling your tired feet in the water? How great could it be if the space was green with trees, bush, ecofriendly river edges, where kids could explore water and nature?
Tranquility, darkness and human scale are the ingredients for an environment that can be completely green and still urban. Higher densities are possible as long as these are sustainable, we use environmental-friendly materials and are placed in a larger green and ecological zone fronting the water. This then creates the space for people to enjoy the environment and relax.
Climate change makes this urgent
This is urgent. Climate change will cause and enforce changes to city centres, especially when they’re fronting water edges, like Darling Harbour.
Rising sea levels (<a href="https://www.news.com.au/technology/environment/climate-change/new-maps-show-the-risk-of-sea-level-rises-to-australian-cities/news-story/2cd13d732b102365c9c708c4a223961f" target="_blank">up to 2m by the end of the century</a>), and more flash flooding as a result of more intense rain are expected.
So green buffer zones on either side of the water’s edge are required to deal with rising water levels and more intense rain events.
Environments must be flexible, adaptive and resilient to survive. The types of activities currently in the Darling Harbour area are mono-functional, inflexible and vulnerable to climate impacts.
Here’s what we can learn from other cities:
Toronto
Toronto’s city centre has a series of greening projects along its <a href="https://waterfrontoronto.ca/nbe/portal/waterfront/Home" target="_blank">waterfront</a>. These include nature reserves, a bicycle path, sandy beach-like areas and zones in which urban water is purified at the same time made available for the public to use in playgrounds.
<a href="https://images.theconversation.com/files/253789/original/file-20190115-180494-182n6ou.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/253789/original/file-20190115-180494-182n6ou.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
Toronto’s water purification site is also an urban playground. Author provided
New York
Another good example is in New York, where Manhattan is transforming its Hudson River edges with <a href="https://hudsonriverpark.org/" target="_blank">parks and green areas</a>. There is open-air office space such as the <a href="https://www.hudsonyardsnewyork.com/" target="_blank">Hudson Yards</a>, and continuous parks along the river, such as the Riverpark Boulevard.
These continuous parks can not only protect the city from flooding but also suit the daily needs of the jogging, cycling or wandering New Yorker.
<a href="https://images.theconversation.com/files/253790/original/file-20190115-180510-xwhxhi.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/253790/original/file-20190115-180510-xwhxhi.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
New York’s Riverpark Boulevard has been designed to protect the city from flooding, as well as providing people place to walk, jog or wander. Author provided
Shanghai
In Shanghai there’s a large program to green the river edge. Over 100,000 trees are being planted along the Huangpu River. This program is meant to clean the air, mitigate the urban heat island effect and offer space to occasional floods. But it also functions as an enormous park, with a continuous cycle-path and the option to run the marathon (once up and down).
<a href="https://images.theconversation.com/files/253791/original/file-20190115-180488-p8270n.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/253791/original/file-20190115-180488-p8270n.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
Shanghai is transforming its riverside with more than 100,000 trees and parklands long enough to run a marathon. Author provided
Amsterdam
Finally, Amsterdam is redeveloping the northern shore of the <a href="https://en.wikipedia.org/wiki/IJ_(Amsterdam)" target="_blank">IJ river</a>. Here, new green spaces, water purification and ecological reserves are realised in the midst of a high-density mixed-use urban environment. One of the eye-catchers is EYE, the national movie theatre.
<a href="https://images.theconversation.com/files/253792/original/file-20190115-180488-28ukf5.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/253792/original/file-20190115-180488-28ukf5.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
Amsterdam is transforming the IJ north shore. Author provided
Sydney, it’s up to you
These examples show that large, western cities are successfully implementing sustainable ecological developments along their waterfronts.
These are not realised because of some high-level green ambition, but out of pure necessity. People ask for cleaner environments so they can enjoy, exercise and play with their kids in a healthy and safe place.
In Darling Harbour, we’re faced with short-term economic benefits, with a focus on tourists, and a vulnerable waterline. Is this the long-term future for Sydneysiders?
Or could the waterfront become the lovely place for humans and nature, which also protects Sydneysiders living immediately behind the waterfront?<img src="https://counter.theconversation.com/content/109869/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important;">
Rob Roggema is a of Professor Spatial Transformation, <a href="http://theconversation.com/institutions/hanze-university-of-applied-sciences-groningen-3849">Hanze University of Applied Sciences, Groningen</a>.
This article is republished from <a href="http://theconversation.com" target="_blank">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/how-darling-harbour-was-botched-and-could-be-reborn-109869" target="_blank">original article</a>.
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How Darling Harbour was botched (and could be reborn)

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Darling Harbour’s rejuvenation continues apace with this week’s news that the luxury hotel brand Ritz-Carlton will return to Sydney for the first time in 18 years. The six-star hotel will offer 220 rooms situated within the top half of a distinctive 61-storey tower to be built at the north-eastern corner of The Star in Pyrmont.

<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/ritz_carlton_hotel_the_star_2_920x900_-_by_fjmt.jpg" rel="gallery-all" title="The mid-tower Sky Lobby for Ritz Carlton hotel guests will offer a spectacular vantage point over Sydney Harbour and CBD. Image: FJMT"><img alt="" class="image-article-full-width-580px" height="272" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/ritz_carlton_hotel_the_star_2_920x900_-_by_fjmt.jpg?itok=lgyX9d3p" title="The mid-tower Sky Lobby for Ritz Carlton hotel guests will offer a spectacular vantage point over Sydney Harbour and CBD. Image: FJMT" width="580"></a>

<figcaption>The mid-tower Sky Lobby for Ritz-Carlton hotel guests will offer a spectacular vantage point over Sydney Harbour and CBD. Image: FJMT</figcaption></figure>The hotel is poised to capture a slice of surging overseas visitor numbers, as well as taking advantage of its prominent harbour-side position, and proximity to both the Sydney CBD and Darling Harbour Convention, Exhibition and entertainment venues.

The tower design adopts a memorable form as it rises to its full height of 231 metres, branching into two distinct, interlocked volumes as it subtly twists to maximise and ensure the best harbour and CBD vistas.

<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/star-render-1-1_-_by_scharp.jpg" rel="gallery-all" title="The tower's distinctive form from Pyrmont Bay Park. Image: Scharp 3D Visualisation &amp; Property Marketing"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/star-render-1-1_-_by_scharp.jpg?itok=TIG3lKlt" title="The tower's distinctive form from Pyrmont Bay Park. Image: Scharp 3D Visualisation &amp; Property Marketing" width="580"></a>

<figcaption>The tower's distinctive form from Pyrmont Bay Park. Image: Scharp 3D Visualisation &amp; Property Marketing</figcaption></figure>Given its relative isolation, its distinctive form will create a landmark architectural statement on Sydney’s skyline , providing a bookmark to Barangaroo’s towers on the opposite shore, framing the entrance to Darling Harbour from ferries and other vessels on the harbour.

Beneath the hotel, the bottom half of the tower will acommodate around 200 apartments as well as a five-storey neighbourhood centre. This will contain a social enterprise space, reading room, function space, collaboration hub, and rooftop terrace - useful additions to community infrastructure in the area.

As part of the development, the Pirrama Rd podium of The Star will be refurbished, adding a rooftop pool and terrace, public restaurants, two gyms, and a spa &amp; wellness centre.

Fifteen food outlets will cluster around the path connecting the hotel tower to the rooftop social and leisure space, forming a ‘restaurant avenue’. No additional gambling floor space is included in the development.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/star-render-3-1_-_by_scharp.jpg" rel="gallery-all" title="Rooftop social and leisure space. Image: Scharp 3D Visualisation &amp; Property Marketing"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/star-render-3-1_-_by_scharp.jpg?itok=_dTwMvmG" title="Rooftop social and leisure space. Image: Scharp 3D Visualisation &amp; Property Marketing" width="580"></a>

<figcaption>Rooftop social and leisure space. Image: Scharp 3D Visualisation &amp; Property Marketing</figcaption></figure>The project comes amid a spate of new developments entering the pipeline to cater to the rapidly growing visitor market. In the last year alone, visitor numbers in Sydney have increased by 5% to 14 million, 4.3 million of which were from overseas.

According to Destination NSW, visitors to the state have collectively injected $16.85 billion into the NSW economy. 

The $500 million project is a joint venture between the Star Entertainment Group and Hong Kong-based Chow Tai Fook and Far East Consortium and will generate 1000 jobs during construction and a further 500 jobs once operational.

The design team is led by architects FJMT who are also responsible for a number of prominent projects in the area, including the new Sofitel at the International Convention Centre.

The new hotel and its dramatic tower will add a new layer to the Darling Harbour precinct, consolidating the area as a premier social and business destination.

Far East Consortium is also introducing the Ritz-Carlton brand in Perth and Melbourne via developments at Elizabeth Quay and West Side Place. Both projects are currently under construction with Probuild at the helm, and architecture by Cottee Parker.
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ModernBradfield

Ritz-Carlton Tower at The Star adds to Darling Harbour's rejuvenation

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Urbanest Darling House will welcome its first tenants next month.
A twin bedroom with ensuite will start from $560 per person per week, while a single bedroom with ensuite starts from $646, with prices inclusive of all meals at The Eatery, water, electricity, contents insurance and 100GB of wireless internet per month.
Urbanest is one of Australia’s largest PBSA providers.
Its CEO David Munro stated Urbanest had been at the forefront of this industry since opening the doors on their first property in South Bank, Brisbane almost 10 years ago.
It now has 12 properties throughout Australia.
Urbanest Darling House is the final part of a three-year development of two buildings in the Darling Square precinct, with Urbanest partnering with Lendlease, Buildcorp and AJ+C architects on the projects.
The 664 bed development on Darling Drive is connected via a bridge to the Urbanest Darling Square.
 "We are set to revolutionise traditional student living again with the opening of Urbanest Darling House,” said Mr Munro.
“Urbanest will for the first time provide students with a fully inclusive product that incorporates in-house world-class catering,” said Mr Munro.
Branded ‘The Eatery at Urbanest Darling House’, the new dining space will see a team of top chefs recruited for the in-house operation.
“Our goal is to give students more than just a meal with a focus is on providing safe, secure facilities in a fun environment, supporting both the social and academic needs of students whilst away from home.” said Mr Munro.
Munro noted investment in the Australian Purpose Built Student Accommodation (PBSA) market has witnessed major growth over the past decade.
Driving this investment is the value of the international education sector to the economy, which is expected to almost double to an excess of $33 billion by 2025.
 
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Urbanest Darling House to open in Darling Square precinct 

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Property developer Greaton has won the Deal of the Year award in the over $100 million transaction category for The Ribbon in Sydney's Darling Harbour at Hotels World 2017.
Greaton beat Novotel Melbourne On Collins, Travelodge Docklands, Intercontinental Sydney Double Bay, Hilton Melbourne South Wharf, W Melbourne and a portfolio of 15 Ibis Hotels to take the award.
Nicho Teng, Greaton managing director said it is a significant honour for Greaton to be awarded this accolade for The Ribbon.
"We are a very new player in the Australian hotel market, but intend to build our presence with several significant acquisitions over the next few decades," he said.
"The Ribbon will set a new benchmark for luxury hotels in Sydney and become a destination of choice by both locals and international tourists.
“The IMAX theatre site in Darling Harbour is one of Sydney’s most famous tourist areas.
"It was only fitting that one of Australia’s best hotels is positioned on this site.” 
John Smith, HotelsWorld Australia CEO said Greaton was against a strong field of major deals but was a stand-out.
"The Ribbon is an amazing transaction due to its unique nature, location and scale, all within what promises to be a timeless modern architectural masterpiece," he said.
"It is an important addition to the hotel market in Sydney, which needs more luxury hotels to meet burgeoning demand from local and overseas markets.”
The Ribbon features a 25 storey luxury hotel and the return of the IMAX theatre. 
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