The residential transformation of St Kilda Road is set to continue into with more new apartment plans for the sought-after boulevard.

Wing Tai Asia has lodged plans for a major residential tower at 464-466 St Kilda Road, replacing the former VACC House with an 18-storey mixed-use development designed around a retained heritage podium and a sculpted contemporary tower.

The proposal, prepared under Victoria’s Significant Residential Development with Affordable Housing pathway, would deliver 325 apartments and ground-floor retail across the prominent 4,653 sqm boulevard site in Melbourne’s St Kilda Road North Precinct.

The project centres on the adaptive reuse of the site’s heritage-listed VACC Building, an eight-storey office designed by Bernard Evans that has occupied the address for decades. Planning documents state the development would involve “carefully dismantling and conserving off-site the original metal fabric of the podium visible from St Kilda Road,” before reinstating it as the defining frontage of the new scheme.

Above the restored podium, Wing Tai is proposing a curvilinear residential tower. The scheme includes 172 one-bedroom apartments, 63 two-bedroom apartments, 66 three-bedroom apartments, and 24 four-bedroom apartments, alongside two ground-floor food and beverage tenancies fronting St Kilda Road.

The tower has been designed with substantial articulation and variable setbacks to minimise perceived bulk and maintain view corridors along the boulevard. Urbis, which prepared the planning report, said the design “has been significantly articulated through a curvilinear design” with “an interplay with materials, façade expression and depth” to create visual separation and visual interest.

The proposal also includes 254 basement car spaces, landscaped pedestrian links connecting St Kilda Road and Queens Lane, and a biophilic landscape strategy featuring canopy trees, raised planters, cascading greenery and a glass oculus pool overlooking the eastern frontage.

Planning documents confirm the $270.1 million development will contribute 3 per cent of project costs to the Social Housing Growth Fund as part of the application process.

Wing Tai acquired the St Kilda Road property in 2018 alongside Abacus Property Group for $95.38 million, before later consolidating ownership of the site. The property previously served as the Victorian Automobile Chamber of Commerce headquarters for around 60 years.

The transformation of the St Kilda Rd boulevard is already beginning to materialise, with a number of high-profile projects recently completed, launched, or approaching launch as developers continue to back the long-term appeal of the precinct.

Among the most notable recent completions is Louise by Samuel Property Group, just off the strip on Queens Lane, the same pocket Hirsch &amp; Faigen recently launched The Queensbury. Mirvac is too on the same street with The Albertine, which is approaching completion.

Dexus recently secured approval for its slice of St Kilda Road, while Gurner also has approved plans for the precinct.

Joel Robinson

Wing Tai unveils 325-apartment St Kilda Road tower on former VACC House site

Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
</section>
</section>

[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Meriton

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Harry Tribugoff's Meriton Apartments Group has failed to secure approval for a high-rise at its Little Bay development site.
The controversial plan was to build 1900 high-rise apartments in around 20 buildings up to 17 stories.
The plans have been rejected by Randwick Council after the Randwick Local Planning Panel unanimously rejected the Meriton planning proposal.
There was opposition from Save Little Bay, which has more than 2075 followers on Facebook.
"This was a crushing defeat for Meriton," a spokesperson Antony Gould advised.
"Their proposal has been shredded to pieces by council, by the experts, by the community.
"They look like plans from the “old days”: out of touch, out of place, out of sync."
Save Little Bay anticipates Meriton will "refuse to hear the message" and seek to push their proposal through at State level.
Meriton bagged the 11 hectare waterside residential development site set in Sydney’s coastal eastern for $245 million in 2017.
The site had been marketed as “a dream site for developers; a massive 11 hectares of luxury, high end masterplan-approved land”. 
The site had approved masterplans for a combination of single-lot housing, town houses and luxury apartments. 
All remediation, site works, roads, park landscaping and infrastructure had been completed, including amenities such as water, electricity and gas.
Meriton edged out Chinese developer Country Garden for the site. 
Gould noted Meriton's gamble had not paid off.
"The light rail will not come here, the Malabar Metro is on a back shelf until other Metro projects are completed, the jail is unlikely to move anywhere,' Gould said.
"The ludicrous number of dwellings they are asking for has created a groundswell of resentment towards Meriton, not just in Little Bay but throughout Sydney through the various publications that have labelled this proposal obscene. 
"It’s over seven times the dwellings, people and traffic of the original masterplan," he noted.
 
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jonathanchancellor-7SQnKwU6yx

Harry Triguboff's Meriton fails to secure Little Bay high-rise approval

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The billionaire apartment developer Harry Triguboff is expanding to Canberra.
It comes after buying his first site in Melbourne.
Triguboff told The Australian he expects the upswing in buyer interest to continue, saying it kicked off with the change of government and removal of Labor’s threat to wind back negative gearing tax breaks.
During the housing market downturn Meriton retained many of its completed units taking Triguboff's personal investment portfolio to more than 9400 apartments.
Triguboff’s portfolio is split equally between serviced apartments and leased units.
His hotel arm expanded in the slower market.
“It’s no good selling if the market doesn’t want to buy,” Triguboff told The Australian.
He is surprised at how quickly the market has rebounded — from selling five units a week in January to about currently around 30-35 a week.
The inner workings of his business empire has been revealed by The Australian after the lodging of financial accounts with the corporate regulator by the Meriton company.
Meriton made a pre-tax profit of $485 million in the 2018 financial year, according to its recent accounts lodged with the Australian Securities &amp; Investments Commission.
Meriton’s revenue reached $1.84 billion.
It made a net profit of $340 million after paying $145 million in company income tax.
It was down from the previous year when Meriton made $384 million net profit from $1.79 billion revenue.
Triguboff did not take any dividends.
The Meriton accounts noted “although the residential selling market continues to be stagnant, both rental markets and serviced apartments continue to be in strong demand and underpin revenue increases for 2019”.
Meriton’s accounts shows it owns $2.97 billion worth of land and buildings.
It had $162 million in current loans and $195 million in non-current loans out to buyers of Meriton apartments through vendor financing.
The accounts showed Meriton having about 12,000 apartments at various stages of development.
Its annual report had noted about 8200 investment units that Triguboff maintained ownership, which was now substantially higher.
Meriton has net assets of more than $3.8 billion and retained earnings of $3.6 billion.
The Meriton accounts also show it owns $265 million worth of structured financial products.
His Canberra purchase is a project site with permission for a 17-level, five-star hotel in the city’s CBD.
Meriton bought the site in Canberra’s Civic precinct at 40 Allara Street for $23 million from the Australian Unity Property Income Fund reportedly in an off-market deal.
It is part of Harry's “rapid” expansion plans for the Meriton Suites arm.
<div id="listing-recommendation-midcontent" class="experiment">“Canberra long has been on our radar because it’s drawing nearly 3 million visitors a year,” Mr Triguboff told Nine Entertainment.</div>
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j.ballantyne1990-6AQqhLzZaK

Billionaire developer Harry Triguboff's personal investment portfolio tops 9400 apartments

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Meriton has been fined $3 million for manipulating the online reviews on the travel review website TripAdvisor over its serviced apartment experience.
The Federal Court found Meriton breached the Australian Consumer Law by not forwarding the guests' email addresses to TripAdvisor when there were service disruptions such as broken lifts and hot water outrages at their apartments.
The Australian Competition and Consumer Commission sought a $20 million fine, saying Meriton had committed "1000s" of masking breaches.
Meriton suggested a fine between $330,000 and $440,000 was more appropriate.
The court also restrained Meriton from filtering, selecting or limiting the guest email addresses it supplies to TripAdvisor for the next three years.
Meriton will also have to set up a compliance and training program.
Justice Mark Moshinsky said the breaches took place over a period of 11 months on the world's largest travel website.
"Meriton's conduct had the effect of reducing, in the minds of consumers, awareness of the prevalence of service disruptions at the Meriton properties.
Further, Meriton's conduct created an unduly favourable impression about the quality or amenity of Meriton's serviced apartment," he said.
The fine came as Meriton's senior management were aware of and sanctioned the practices, he said.
"Because so many consumers use the internet and online sites to gather information about products and services, it is imperative that corporations engaging with the internet and online sites comply with the Australian Consumer Law," he said.
Meriton deceived consumers by preventing guests from receiving TripAdvisor's email prompting them to leave reviews if the apartment management suspected the guests would give an unfavourable review.
Meriton did this by inserting the letters "MSA" - which stands for Meriton Serviced Apartments - to guests' email addresses provided to TripAdvisor, if the guests made a complaint, which made the email addresses invalid.
In total Meriton added "MSA" to over 14,000 email addresses in 2015 across 13 of its services apartment properties.
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Meriton fined $3 million for manipulating TripAdvisor reviews

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Macquarie Park's blossoming urban renewal has received a further boost with developer Meriton setting in motion the approvals sequence for their Talavera Road site.

The suburb's role as a tertiary, commercial and innovation hub is further being boosted by an influx of apartment developments. Latest to reach City of Ryde for consideration is the first stage of Meriton's 112 Talavera Road apartment development.

Previously with Goodman Group, the low-rise site which now contains commercial and industrial space was secured by Meriton who promptly went about applying to rezone the site in order to allow for four residential towers. The tallest of these would reach 200 metres and is subject to a future design excellence competition.

The rezoning allows for buildings of 27, 30, 45 and 60 storeys incorporating over 1,200 apartments.

<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/image60_6.jpg" rel="gallery-all" title="Site overview. Planning image: DKO Architecture"><img alt="" class="image-article-full-width-580px" height="334" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image60_6.jpg?itok=Lw1QO8nH" title="Site overview. Planning image: DKO Architecture" width="580"></a>

<figcaption>Site overview. Planning image: DKO Architecture</figcaption></figure>With rezoning in the pocket, Merithasave applied for approval over the westernmost part of the site, with the balance subject to future development applications.

DKO Architecture have been utilised for the initial design, creating a 27 storey residential tower incorporating some 221 apartments. The tower's pseudo podium introduces a more intimate built form by way of a smaller 7 storey building that will front both a new pedestrian link and a common green area.

A childcare centre, pool and gym are situated atop the smaller building whilst the tower hosts an enclosed rooftop terrace for use by residents.

The apartment split sees 46 single, 141 double and 34 triple bedroom apartments. Limited retail spaces are also included at ground level.

<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/image63_9.jpg" rel="gallery-all" title="High and low-rise aspects of the design. Planning image: DKO Architecture"><img alt="" class="image-article-full-width-580px" height="259" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image63_9.jpg?itok=tO4HBVU8" title="High and low-rise aspects of the design. Planning image: DKO Architecture" width="580"></a>

<figcaption>High and low-rise aspects of the design. Planning image: DKO Architecture</figcaption></figure>Macquarie Park's established mixed-use nature has been instrumental in attracting a string of big name developers to the area, cashing in on demand for apartment living. Stamoulis Property Group, Romeciti, Golden Age Group, Greenland Australia, COLI Australia, VIMG and JQZ have active apartment projects within Macquarie Park.

Hyecorp is the latest developer to launch a project, taking 9 Peach Tree Road to sales. Dubbed Monika, the project will include 116 apartments within a 14 storey building.

Urban.com.au is tracking 3,965 apartments within Macquarie Park. The large size of many development sites and multiple buildings within the respective developments is seeing a very high average apartment number of 440 across 9 separate developments.
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silvermb

Macquarie Park's transformation takes a Meriton step forward

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Parramatta's position as the nation's most dynamic satellite city continues to be underscored by an almost continuous flow of developments into the Greater Western Sydney locale.

Latest to the development surge is the nation's largest apartment developer, Meriton. Last week the outfit lodged plans valued at $228 million for their George Street site in the western reaches of Parramatta's CBD.

Called for are two towers of 210 and 186 metres that would, in addition to a Meriton serviced apartment component, the project will pump hundreds of new apartments into Parramatta. The CBD's expanding housing stock is expected to balloon form a 2017 figure of 6,108 to a projected <a href="https://forecast.id.com.au/parramatta/residential-development?WebID=270">2036 dwelling count of 15,474</a>.

Such is the popularity of Parramatta that the Apartments.com.au Project Database for the suburb has expanded rapidly to include thousands of planned and under construction apartments, particularly within Parramatta's CBD.

<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/image154_2.jpg" rel="gallery-all" title="Woods Bagot's envisaged design for the George Street site"><img alt="" class="image-article-full-width-580px" height="384" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image154_2.jpg?itok=jqWjuARW" title="Woods Bagot's envisaged design for the George Street site" width="580"></a>

<figcaption>Woods Bagot's envisaged design for the George Street site</figcaption></figure>The move to planning for 180 George Street will see the 7,978 square metre site currently controlled by the Meriton developed to its maximum potential. Earlier this year Meriton foreshadowed the redevelopment, announcing that Woods Bagot was successful in a design competition for the site.

At present five buildings across 180 George Street span up to fourteen levels and are held by the developer within its Meriton Suites serviced apartments portfolio.

Council note the delivery of 767 residential apartments as proposed, spread across the taller tower and the upper levels of the secondary tower. The 767 dwellings are loosely broken down into 486 apartments within the taller north tower, 131 apartments in the south tower, 12 podium level apartments and 142 apartments inserted across existing buildings onsite.

Meriton last year completed Altitude, its most recent Parramatta development at 330 Church Street which consists of dual towers holding approximately 375 apartments 254 serviced apartments.

<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/image158_1.jpg" rel="gallery-all" title="Probables and possibles. 8 Phillip Street alongside a scheme for 87 Church Street"><img alt="" class="image-article-full-width-580px" height="424" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image158_1.jpg?itok=2Ah5NLhD" title="Probables and possibles. 8 Phillip Street alongside a scheme for 87 Church Street" width="580"></a>

<figcaption>Probables and possibles. 8 Phillip Street alongside a scheme for 87 Church Street</figcaption></figure>The lockstep between population surge and a rapidly evolving skyline is evident when assessing Parramatta's major current apartment developments. 180 George Street aside, the 200 metre <a href="/new-apartments/8-phillip-street-2-10-phillip-street-parramatta">8 Phillip Street</a> includes 300 plus apartments, <a href="/new-apartments/south-quarter-parramatta-57-83-church-street-parramatta-nsw-2150">South Quarter</a> encompasses 700 plus apartments, <a href="/buildings/west-village-88-church-street-parramatta">West Village</a> almost 400, <a href="/buildings/observatory-place-parramatta-7-parkes-street-parramatta-nsw-2150">Solstice</a> 175 and <a href="/buildings/the-lennox-12-phillip-street-parramatta">The Lennox</a> with 440 apartments.

Of the above West Village and The Lennox are at construction.

It is through the next wave of residential towers that will continue to underpin Parramatta's explosive growth. 197 Church Street, 87 Church Street, 12 Hassell Street, 2 O'Connell Street and Westfield Parramatta Tower stand out as potentially sizeable towers capable of hosting major development in coming years.
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The Meriton juggernaut adds to Parramatta's population surge

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Australia's biggest apartment developer, Meriton, is set to release more than 200 high-end brand new apartments.
They are releasing them into the Mascot rental market in response to unrelenting demand from tenants who want to call the suburb home.
The 237 ‘lifestyle’ apartments are spread across three six-level buildings in Meriton’s nearly-completed Signia development at <a href="https://maps.google.com/?q=200+Coward+St&amp;entry=gmail&amp;source=g">200 Coward St</a>, boasting grand outlooks, with district views to the east, parkland vies to the south, and Sydney CBD views to the north.
Signia includes two buildings which house the just-opened 179-suite Meriton Suites Sydney Airport hotel.
The Signia rental apartments will contribute to Meriton this year lifting the number of apartments in its build-to-rent pool past the 3500 mark.
Victor Toscano, Meriton’s head of residential leasing, says Mascot has become a rental hotspot, thanks to its proximity to the Sydney CBD and easy access to Sydney Airport.
He says the Signia apartments are the latest to be completed in a self-funded build-to-rent program that Meriton has been running for more than 20 years.
“The apartments include the very best design features and finishes and are very much right up there with apartments we are marketing to owner-occupiers and investors across Sydney.” Signia will also offer some of the largest apartments in the area with sizes of 50sqm-72sqm internally for a one-bedroom apartment, 73sqm-98sqm internally for a two-bedroom apartment and 92sqm-119sqm internally for a three-bedroom apartment. External space ranges from 8sqm up to 74sqm.
Signia, in which the final building will be completed in July, includes landscaped gardens, an 80-place childcare centre, more than 1000sqm of retail space, and tenant parking for 223 cars.
Meriton owner Harry Triguboff, who founded Meriton 54 years ago, long has been an ardent fan of Mascot and has become the dominant developer in the suburb.
His Mascot Central four-tower project completed in 2016, gave the suburb a new heart, in the form of an alfresco-style retail precinct with a full-scale Woolworths supermarket and 16 specialty and food retailers, including cafes and restaurants.
The latest Meriton projects at Mascot include Kiara and Spectrum, plus the group’s debut Platinum Collection building, VIDA.
In July Mr Triguboff’s grandson, Ariel Hendler, will release Escada, a 12-level building with 104 apartments.
Meriton has retained hundreds of apartments in the suburb, adding them to its build-to-rent portfolio.
Mr Toscano says Meriton’s Mascot projects offer residents great lifestyles by virtue of their landscaped parks, barbecue areas, pools, saunas and gymnasiums.
“Those things are part and parcel of our Signia development.
“They are important to people today, especially to those who want to relax, entertain or workout without having to get in a car and travel.”
Mr Toscano said Meriton, despite its major Mascot rental portfolio, was struggling to meet tenant demand.
“The arrival of the Signia apartments will be like a breath of fresh air to our rental management team.”
Mr Toscano said Signia rents would start at $570 for a one-bedroom apartment without parking and peak at $1000 for a three-bedroom unit with two car spaces.
Signia spans a 1.715ha site bought for $47 million in 2013.
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Meriton making major build-to-rent release

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Meriton, the nation's biggest apartment developer, is set to release more than 200 high-end brand new apartments into the Mascot rental market.
They're reacting to demand from tenants who want to call the suburb home.
The 237 ‘lifestyle’ apartments are spread across three six-level buildings in Meriton’s nearly-completed Signia development at 200 Coward Street (above).
Signia includes two buildings which house the just-opened 179-suite Meriton Suites Sydney Airport hotel.
The Signia rental apartments will contribute to Meriton this year lifting the number of apartments in its build-to-rent pool past the 3500 mark.
Victor Toscano, Meriton’s head of residential leasing, says Mascot has become a rental hotspot, thanks to its proximity to the Sydney CBD and easy access to Sydney Airport.
He says the Signia apartments are the latest to be completed in a self-funded build-to-rent program that Meriton has been running for more than 20 years.
“The apartments include the very best design features and finishes and are very much right up there with apartments we are marketing to owner-occupiers and investors across Sydney.”
Signia will also offer some of the largest apartments in the area with sizes of 50sqm-72sqm internally for a one-bedroom apartment, 73sqm-98sqm internally for a two-bedroom apartment and 92sqm-119sqm internally for a three-bedroom apartment. External space ranges from 8sqm up to 74sqm.
Signia, in which the final building will be completed in July, includes landscaped gardens, an 80-place childcare centre, more than 1000sqm of retail space, and tenant parking for 223 cars.
Meriton owner Harry Triguboff, who founded Meriton 54 years ago, has long been an ardent fan of Mascot and has become the dominant developer in the suburb.
His Mascot Central four-tower project completed in 2016, gave the suburb a new heart, in the form of an alfresco-style retail precinct with a full-scale Woolworths supermarket and 16 specialty and food retailers, including cafes and restaurants.
The latest Meriton projects at Mascot include Kiara and Spectrum, plus the group’s debut Platinum Collection building, VIDA.
In July Triguboff’s grandson, Ariel Hendler, will release Escada, a 12-level building with 104 apartments.
Meriton has retained hundreds of apartments in the suburb, adding them to its build-to-rent portfolio.
Toscano says Meriton’s Mascot projects offer residents great lifestyles by virtue of their landscaped parks, barbecue areas, pools, saunas and gymnasiums.
“Those things are part and parcel of our Signia development.
“They are important to people today, especially to those who want to relax, entertain or workout without having to get in a car and travel.”
Toscano said Meriton, despite its major Mascot rental portfolio, was struggling to meet tenant demand.
“The arrival of the Signia apartments will be like a breath of fresh air to our rental management team.”
Toscano said Signia rents would start at $570 for a one-bedroom apartment without parking and peak at $1000 for a three-bedroom unit with two car spaces.
Signia spans a 1.715ha site bought for $47 million in 2013.
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jrobinson-rf4aSBido9

Meriton set to release Mascot rental apartments

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The inner-city apartment property crunch is now starting to really bite, according to Robert Gottliebsen, The Australian columnist.
The Sydney developer, Harry Triguboff’s Meriton, has stopped buying Sydney land which was "sending land values into freefall" as bankers prepare for losses.
Gottliebsen did not cite any examples.
Meriton was also curtailing its building activity, he added.
The columnist suggests the Melbourne crunch is being delayed as developers are proceeding with construction because they have old permits that allow greater density than the new rules.
"If they don’t proceed the opportunity will be lost," he said of the city where the building supply industry was booming because the state is undertaking unprecedented infrastructure investment.
The bank credit squeeze has caused small apartment first home buyers and investors to slash their purchases, but there is still some Chinese buying.
Affluent baby boomers are still shifting from their large family homes to apartments, usually closer to the city.
They don’t want the small apartments that are being built by most developers, often with the encouragement of rate-hungry councils, the veteran columnist advised.
"Most long-established developers did not pick this switch in the market and the long delays in gaining permission to build locked them in to providing small apartments for students, tourists, and young executives."
"There are a lot of frustrated developers and frightened bankers out there," he concluded
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Harry Triguboff stops purchasing sending land prices into freefall: Robert Gottliebsen 

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Mascot's desirability as a Sydney apartment hot spot has been reinforced by way of a fresh planning application on behalf of prolific developer Meriton.

DKO Architecture is the design lead for the tower at 133-141 O'Riordan Street, which was submitted during February. The development site was purchased by Meriton during 2017 for $25 million with approval in place for 99 apartments; this equates to roughly $2,700 per square metre of approved gross floor area.

Meriton though has chosen to resubmit a fresh scheme for the 2,324 square metre site which holds dual street frontages.

<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/image307.jpg" rel="gallery-all" title="141 O'Riordan Street, Mascot. Planning image: DKO Architecture"><img alt="" class="image-article-full-width-580px" height="820" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image307.jpg?itok=51UY8CC2" title="141 O'Riordan Street, Mascot. Planning image: DKO Architecture" width="580"></a>

<figcaption>141 O'Riordan Street, Mascot. Planning image: DKO Architecture</figcaption></figure>Internally the proposal holds 105 apartments across its 14 levels. This figure is broken down as follows: 16 x 1BR, 16 x 1BR+S, 50 x 2BR, 23 x 3BR.

Owing to site constraints and overshadowing from nearby developments, solar access for the proposed building will be inhibited. According to Apartment Design Guide criteria, living rooms and private open spaces of at least 70% of apartments in a building require a minimum of 2 hours direct sunlight between 9 am and 3 pm at mid-winter in the Sydney Metropolitan Area.

The proposal falls short in this regard with 43% of apartments adhering to this criteria. Similarly design criteria stipulate a maximum of 15% of apartments in a building receive no direct sunlight between 9 am and 3 pm at mid-winter; the current application is above the threshold at 57% of apartments in this regard. 

133-141 O'Riordan Street also includes 581 square metres of communal open space, highlighted by podium top open lawn area. Private rooftop terraces also provide the proposal with a green tinge.

<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/image306.jpg" rel="gallery-all" title="551-559 Gardeners Road is before Bayside Council. Planning image: DKO Architecture"><img alt="" class="image-article-full-width-580px" height="358" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image306.jpg?itok=kjT8pw6D" title="551-559 Gardeners Road is before Bayside Council. Planning image: DKO Architecture" width="580"></a>

<figcaption>551-559 Gardeners Road is before Bayside Council. Planning image: DKO Architecture</figcaption></figure>Both DKO Architecture and Meriton are currently active elsewhere in Mascot.

The design practice is overseeing another current planning application for 551-559 Gardeners Road. It involves the delivery of two separate buildings encompassing 110 apartments for entity Bravo Global Pty Ltd.

Lodged at the end of 2017, the $42 million Gardeners Road build would see the demolition of three existing building across a 3,687 square metre site.

Meriton, on the other hand, is no stranger to Mascot, having already built hundreds of new apartments in the suburb. The developer currently has Spectrum under construction at 42 Church Avenue, Mascot; it consists of 346 terrace-style and typical apartments supported by 15 retail tenancies.

Spectrum's four residential buildings are in addition to Meriton's 1,200 plus apartment Mascot Central development which was completed during mid-2016.

VIDA at 577 Gardeners Road is also a recent project which showcases the developer's push into higher-end apartment offering under the Platinum Collection banner.

<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/meriton_bourkeroad_ext_parkterraces_press-931x1024.jpg" rel="gallery-all" title="Spectrum Mascot is under construction. Image: Meriton"><img alt="" class="image-article-full-width-580px" height="510" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/meriton_bourkeroad_ext_parkterraces_press-931x1024.jpg?itok=zCDeYRY1" title="Spectrum Mascot is under construction. Image: Meriton" width="580"></a>

<figcaption>Spectrum Mascot is under construction. Image: Meriton</figcaption></figure>
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DKO Architecture designs for Meriton in Mascot

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Harry Triguboff has put one of his prized hotels on the market.
The Meriton Group has listed the Meriton Suites in North Ryde, with around $150 million being tipped for the building that is the largest hotel complex in the Macquarie Park area.
The 199 unit block sits near competitors Travelodge, Holiday Inn, the Mercure and the Courtyard by Marriott.
Triguboff told The Australian that he is not getting enough apartment sales - just five last week - while looking to finance the construction of more Meriton apartments.
"If I want to build many units... that is why I'm selling," he said.
"The market is going down.
"Prices have gone down about 10 percent from the peak."
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/1/18/MERITON.jpg" alt="">
Triguboff however said he expected the market to find a level, noting the number of buyers failing to settle their purchase and the number of dropout, where buyers ask for a contract but do not proceed, had eased.
Jones Lang LaSalle Hotels agents Andrew Langsford and Craig Collins are marketing Meriton Suites North Ryde with expressions of interest set to close February 22.
It is believed Triguboff is considering listing another Meriton owned block, a 59 unit building in Rhodes.
The veteran property developer Harry Triguboff recently said many of his Chinese buyers "can't settle" on their off the plan apartment purchases.
<div class="cq-article-content-paras section">
"And everyone thought that the Australian buyer would come in when the prices started coming down – they haven't – I knew they wouldn't."
"It's not bad, it's very bad," developer Harry Triguboff said in response to government taxes and credit restrictions on foreign buyer's residential property acquisitions.
A sharp drop in foreign buyers was detailed in the latest ANZ/Property Council of Australia survey of more than 1700 property professionals from across the industry.
"When we start saying that stamp duty for foreign buyers should be 12 per cent instead of 4 per cent, that is called stupid," Triguboff told The Australian Financial Review.
Triguboff said foreign buyer demand started to soften more than a year ago, with prices now going "lower and lower".
"Many of the Chinese can't settle. So now we have to resell them – there is another problem."
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