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.
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[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Mirvac

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The wraps are off Mirvac's latest large-scale residential development that will insert itself into Sydney's Green Square urban renewal area.

Smart Design Studio and CO-AP have shared design duties for the quartet of predominantly residential buildings that pending approval, will account for Zetland's 77-93 Portman Street. Development plans for Mirvac's latest are now on display after having being received by City of Sydney during mid May.

Mirvac is no stranger to the area, already having pursued development nearby in unison with the NSW Government's Landcom property arm. <a href="/buildings/ovo-960-bourke-street-zetland">Ovo</a> at the northern tip of Green Square is Mirvac's 28 level residential tower that is all but complete.

<h2>77-93 Portman Street application summary</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/image106_0.jpg" rel="gallery-all" title="Ground level perspective. Image: Smart Design studio / CO-AP"><img alt="" class="image-article-full-width-580px" height="367" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image106_0.jpg?itok=iaIwDv01" title="Ground level perspective. Image: Smart Design studio / CO-AP" width="580"></a>

<figcaption>Ground level perspective. Image: Smart Design studio / CO-AP</figcaption></figure><ul>
<li>Site area: 5,903sqm </li>
	<li>FSR: 6.2:1</li>
	<li>Proposed: 4 buildings between 7-23 levels</li>
	<li>Tallest tower: 78.55m</li>
	<li>354 apartments: 11 x Studio, 65 x 1BR, 208 x 2BR, 66 x 3BR, 4 x Penthouse</li>
	<li>3 Basement levels for 289 vehicles &amp; 432 bicycles</li>
	<li>Total residential GFA: 34,204sqm</li>
	<li>Retail tenancies at ground floor: 1,945sqm</li>
</ul>
<h2>Street level intensification</h2>

77-93 Portman Street is "designed to create an active and lively streetscape at a human scale" according to Smart Design Studio and CO-AP.

Just shy of 2,000 square metres of retail space stretches the length of Zetland Avenue and through to Barker and Portman Streets. The design team have also added an urban plaza and site through link to increase the level of interaction and articulation at ground level.

"The plaza steps up to courtyard level, creating bleachers for seating and a sense of enclosure. Adjacent to retail premises, the urban plaza offers a place to stop and eat an ice-cream, have a coffee or meet friends whilst overlooking the Drying Green park."

<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/image109_1.jpg" rel="gallery-all" title="Views on show. Image: Smart Design studio / CO-AP"><img alt="" class="image-article-full-width-580px" height="335" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image109_1.jpg?itok=c0nPvYdW" title="Views on show. Image: Smart Design studio / CO-AP" width="580"></a>

<figcaption>Views on show. Image: Smart Design studio / CO-AP</figcaption></figure><h2>Keeping the pipeline flowing</h2>

The Portman Street proposal is the latest in Mirvac's substantial pipeline of residential projects in play across Australia; the growing Urban National Project Database includes 13 current apartment projects under Mirvac's guidance.

Perth's Claremont on the Park is the developer's sole active project in the west, with the balance located along the eastern seaboard. Of those, the majority are at either registration and sales or construction.

The Zetland planning application represents the sole project at planning for the developer for the time being.
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silvermb

Mirvac's $240 million Zetland development hits planning

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Mirvac’s flagship Sydney commercial development, the EY Centre at 200 George Street, has won the SAS International Award for Best Office Development at the Property Council of Australia’s 2018 National Innovation &amp; Excellence Awards.  
Campbell Hanan, Mirvac's head of office and industrial, said they knew the the EY Centre was going to be an important building.
“We are incredibly proud that the hard work of the Mirvac team and our partners has been recognised with the achievement of this prestigious Property Council of Australia Award for the EY Centre," Hanan said.
<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/2018/5/14/EY3.jpg" alt="">
"From the project’s inception, we knew it was going to be an exceptional building that would make a significant contribution to the Sydney CBD community.
"This award is great recognition of the EY Centre and all of those involved in its development.” 
Mirvac worked closely with a number of partners to create the EY Centre and deliver one of Australia’s first ‘smart’ buildings.
Award-winning architects Francis-Jones Morehen Thorp (FJMT) designed a distinctively sculptural, 37-storey building that employs a world-first timber-and-glass closed cavity façade system giving it a unique appearance – an instantly recognisable structure defined by its shimmering, organic, golden-hued curves.  
<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/2018/5/14/EY2.jpg" alt="">
The building’s innovative sustainability credentials and world-class achievements contributed to its success, as the EY Centre has a string of Green Star ratings as well as a 5.5 Star NABERS Energy rating.  
It is also Australia’s first fully LED lit building, resulting in reduced power consumption costs, lower maintenance cycles and a reduction of landfill.
Automated timber blinds, combined with vertical timber shading elements and three layers of performance glazing, combine to create an advanced environmental skin.  
This unique system, the first of its type in Australia, adjusts to external factors and occupant preference.
Mirvac have their HQ in the building on level 28.
Their offices achieved Australia’s first Gold WELL rating from the International WELL Building Institute in 2017.
 
 
 
 
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jrobinson-rf4aSBido9

Mirvac wins Best Office Development Award for EY Centre

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Mirvac Group's A-grade office development 664 Collins Street in Melbourne is 100 per cent pre-leased following the signing of leading energy provider, AGL. 
AGL has committed to over 6,000 square metres across two floors.
It joining tenants, Pitcher Partners and Fujitsu in the 26,000 square metre office tower. 
Mirvac’s Campbell Hanan said, “664 Collins Street is now 100 per cent leased ahead of practical completion this year."
“The changing forces of work and employee experience are demanding more from the built form than ever before. 
"Mirvac is working with tenants to create workplaces and assets, like 664 Collins Street.
He said <a href="https://maps.google.com/?q=644+Collins&amp;entry=gmail&amp;source=g">644 Collins</a> was designed to incorporate leading smart technology and real-time data collection to improve workforce utilisation and efficiencies, "while creating an intuitive working environment.” 
The executive general manager group Operations at AGL, Doug Jackson said AGL was utilising this space to accommodate our digital transformation projects and Melbourne-based operations. 
At 664 Collins Street, Pitcher Partners will occupy over 9,000 square metres across 3.5 levels, with a 12-year lease commencing in June 2018. 
Fujitsu and AGL will take up occupancy in September 2018. 
Upon practical completion, which is expected mid this year, 664 Collins Street will be the final stage of the Southern Cross Station complex. It will target a 5 Star Green Star Design and 5 Star NABERS Energy rating.
In June last year, Mirvac successfully sold down 50 per cent of the building to an investment vehicle sponsored by Morgan Stanley Real Estate Investing (MSREI).
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j.ballantyne1990-6AQqhLzZaK

After AGL Mirvac¹s 664 Collins Street 100 percent pre-leased

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Residential price and volume growth was moderating, as expected, according to the listed property company, Mirvac.
In its latest report to shareholders it advised FIRB pre-sales were moderating from 24 percent of sales to 21 percent.
It completed 735 settlements in 1H18 and a further 429 settlements in January this year with lower 1H18 gross margins of 22 percent due to the mix, with FY18 gross margins expected to be around 25 percent.
It has $2.9bn of residential pre-sales. They include Eastbourne in East Melbourne (above) where revenue is tipped to come forward into the 2019 financial year.
It reported defaults of less than 2 percent in-line with long-term average.
It noted weakness in the Brisbane and Melbourne apartments.
"The residential market is moderating in line with expectations," it advised. 
Mirvac, the developer and landlord, saw its revenue for the six months to December fall 28 per cent to $984 million from $1.36 billion a year earlier, while operating profit fell a smaller percentage of 8 per cent.
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The company said it awaits skewed residential settlements in the next half of the year. 
The main cause of the diversified group's decline in operating profit was lower property revaluation gains in its investment portfolio compared to the prior year.
“Although sales activity has moderated to more normalised levels in Sydney and Melbourne, we are still seeing consistent demand for well-located, quality product, particularly in our masterplanned communities," its CEO Susan Lloyd-Hurtitz said.
“A number of our forward-looking projects in Sydney are also set to benefit from new transport infrastructure, and our ability to buy at the right time has ensured we can release approximately 13,000 lots over the next four years, while taking a prudent approach to restocking our pipeline,” Ms Lloyd-Hurwitz comment.
“Our urban strategy, diversified and integrated business model, and our proven asset creation capability ensures we are on track to deliver strong growth in FY18,” said Ms Lloyd-Hurwitz.
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Mirvac defaults stay low, amid price moderation and downturn in foreign buyers

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Mirvac has appointed Richard Seddon as general manager of their industrial division following an extensive internal and external selection process.
Seddon joins the business from Goodman where he held the role of senior development manager for six years.
He has more than 15 years of experience in the property and development industry, including 10 years with Goodman where he facilitated significant industrial development transactions for the global company. 
As general manager of industrial, Seddon is responsible for the investment performance and development strategy for Mirvac’s $873 million industrial portfolio, which includes landmark assets such as Calibre at Eastern Creek, a state of the art industrial and office facility offering 120,000 square meters of floor space in Western Sydney. 
Mirvac’s head of office and industrial Campbell Hanan said Seddon is ideally placed to leverage opportunities.
“A number of exciting new trends, such as the growth of eCommerce and online sales, are currently reshaping the industrial property sector, and with his wealth of knowledge and experience Richard is ideally placed to leverage opportunities from across Mirvac’s integrated model, in order to deliver bespoke, innovative industrial property solutions for customers.”
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Mirvac appoints new GM of industrial, Richard Seddon

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Leading household and commercial appliance manufacturer and retailer Miele have signed a seven year lease at Mirvac's industrial development Calibre at Eastern Creek, west of Sydney.
The Miele facility, designed by Mirvac Design in collaboration with SBA Architects, comprises 17,000 sqm of high clearance warehouse facilities and 780 sqm of office and showroom space.
The 5-star green star rated building sits in a prominent position in the Calibre Estate, providing exposure to over 200,000 vehicles a day.
Fabian Nager, Mirvac's industrial development director said the building will establish a new standard for office, warehousing and showroom facilities in Western Sydney.
“At Mirvac we have a strong focus on providing our customers quality, amenity and efficiency, three key components also synonymous with the Miele brand," he said.
Miele’s building through its leading specifications will complement the brand and its business operations providing efficiencies and flexibility to meet the changing face of the retail industry”.
Miele ANZ managing director Sjaak Brouwer said Miele are happy to be joining the Cailbre estate.
"The leasing agreement bolsters our long-standing relationship with the business, as a major supplier of appliances to Mirvac’s residential business," Brouwer said.
“We are very proud to say that Miele Australia has seen substantial growth during the last years and expects this trend to continue, and as such a growing business needs more warehouse capacity and we had to look for a new location in NSW.
”We had some key requirements for the new site – it has to facilitate future growth, it has to be accessible and close to arterials and reflect the premium positioning of the Miele brand. Together with Mirvac we will develop this great new location. We are really pleased with our partnership with Mirvac.”
Miele will take up its tenancy at Calibre in December 2018. They will join leading kitchenware wholesale business Sheldon and Hammond, who will relocate to Building 4 in June 2018, and supply chain management company, CEVA Logistics, who relocated to Building 1 at Calibre earlier this year.
The transaction was introduced to Mirvac by Colliers International’s Peter Evans, Tony Durante and Jonty Lamb.
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Miele signs seven-year lease at Mirvac's Calibre in Eastern Creek

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Developer Mirvac has announced a park spread over more than six hectares at the Waverley Park community in Melbourne.
The new park precinct in Melbourne’s Waverley Park development is Mirvac’s largest to date and will include a lake, wetlands with walking trails, boardwalks and barbecue areas.
The developer is set to unveil the ‘Finale’, the final precinct at its Waverley Park development.
Set to launch in mid October, “The Finale” will feature a range of architect-designed homes, with over two thirds of properties occupying park or lakefront locations.
It will comprise two and three-bedroom townhouses, three and four-bedroom family homes and five-bedroom premium homes.
 
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Mirvac said the Finale has seen strong interest from existing Waverley Park home owners hoping to upgrade, as well as other families seeking premium brand-new homes in Melbourne’s south-east with the lake and park-front setting a strong drawcard. 
The new park will feature a playground for young children with plans for an 8.5 metre tower that connects with walking bridges and slides. There will also be other play spaces.
Mirvac expect it to be a children’s attraction similar to Mirvac’s Woodlea playground at Rockbank. 
It will also have jogging/walking trails and wetland boardwalks and fitness stations and outdoor gym equipment dotted throughout the park. 
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Mirvac’s general manager of Residential Victoria, Elysa Anderson, said parks and playgrounds were vital community assets for both family lifestyles and fitness. 
“After years of experience in creating successful masterplanned communities, we have seen the benefits that parks bring to the community, providing environmental, aesthetic and recreational value,” she said. 
The park’s design will be inspired by the surrounding lake and wetlands, using green hues and timber materials. It is expected to be completed by 2020. 
The homes feature brand new designs including, spacious kitchens with stone and timber detailing, with butler’s pantries in the larger designs. 
Bathrooms are designed as spacious retreats with feature baths and tapware. 
Anderson said Mirvac had exceeded reserves on the sale of three display homes in the popular community in recent months and anticipates strong interest in its final remaining stage. 
“The new homes in the Finale are an evolution of our most popular designs, and have been created with adaptability in mind in order to cater for growing families as well as the increasing number of multi- generational families,” she said. 
Waverley Park is also home to the Hawthorn Football Club training ground at the Victorian heritage- listed grandstand and oval. 
More than 1,100 homes have already been built at Waverley Park since the development launched in 2002. 
 
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Mirvac to build six-hectare park in final Waverley Park development

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Mirvac's Tullamore community in Melbourne's Doncaster features a series of luxury homes on the former fifth hole of the Eastern Golf Course.
Named the Emerald Precinct, the '8 Edition' homes are priced at $1.85 million and feature Tesla Powerwall 2 batteries and Evergen solar technology.
Mirvac’s General Manager of Residential Victoria, Elysa Anderson, said the Doncaster market was performing well and producing a strong demand for large contemporary properties to suit families, including those with multiple generations living at one address. 
“As a well-established blue chip suburb, Doncaster continues to attract a range of purchasers, however those looking for a large and modern luxury home have previously been under serviced,” she said. 
“Mirvac has identified a gap in the market for luxury homes to cater for the needs of local families who want a quality, low maintenance new home, with a flexible design allowing for zoned living in a superb natural environment.
"These contemporary luxury home designs were complemented by a diverse mix of housing types across Tullamore, catering for a range of purchasers. 
“Tullamore is a once in a lifetime place to call home, a place to secure property for future family generations.
"We felt such a striking setting, such as the rolling greens of a golf course, commanded homes that respect the retreat-like feel and cater to future family needs and multigenerational living. 
Andrew La, National Housing Design Director at Mirvac said with such a rare and unique site we wanted to ensure we were designing homes that families could see themselves living in for a lifetime.
"We undertook extensive research into how homes are used and what our buyers were looking for to ensure their dream home today continues well into the future,” he said.
“We looked at the way home use changes over the years, from having children’s rooms on the upper level near parents when they are young to allowing them to have their own downstairs retreat when they are older.” 
“We wanted to ensure maximum enjoyment of the site and the reserve is effectively a Tullamore homeowner’s backyard,” said La, whose team was stepping out floor plans from day one to ensure windows were in the best places, maximising light in winter and blocking harsh sun in summer. 
“Mirvac has over 40 years of experience and every day we are looking at data and talking to people about how they use their homes,” said La. “These premium homes have been created to adapt to life stages from nuclear to growing families with facilities for all ages.”
The design-led floorplans offer refined luxurious living and include innovative sustainable features with the integration of the CSIRO-backed Evergen solar generation technology, and the  to reduce energy bills and generate power using renewable energy.
For further information, including display suite location, <a href="https://tullamore.mirvac.com/" target="_blank">click here</a>.
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Mirvac's 8 Edition homes to feature Tesla, Evergen technology

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Development has been approved for Mirvac's Sydney Olympic Park development Pavilions.
The developer have slated 705 new homes for the site. 
The approval came the day before the launch of Verde, the second building at Pavilions from Mirvac.
Since weekend launch, 68 first home buyers have purchased at Pavilions.
Around one-third of the apartments in Verde are prioritised for the first home buyer.
Toby Long, Mirvac’s General Manager, Residential Development NSW &amp; Major Projects said, the strength of our sales to first home buyers means we are building a strong community of new property owners who will play an integral role in the future of Sydney Olympic Park.
“We are delighted to see so many young people grab the opportunity to invest in their future and we look forward to helping them on this journey,” he said.
“Demolition of existing buildings began last week, a significant milestone in the development timeline, and with DA approval we are now very pleased to be in a position to begin construction on program.
“The NSW Government has identified Sydney Olympic Park as a priority growth area and critical to its plans to provide jobs, homes and recreation in the Sydney to Parramatta corridor.”
Mirvac began selling the first of four buildings at Pavilions in February this year when launchingThe Right Start, an initiative that allows pre-qualified first home buyers to exchange on a five per cent deposit with the remaining five per cent paid in two annual instalments.
The four buildings at Pavilions range from nine to 35 storeys,
More than 75 per cent of the apartments and terrace homes at Pavilions have sold.
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Mr Long said the government has set a target of 10,700 new homes for 23,500 new residents, 34,000 new jobs, new schools and more shops, cafés and parks for Olympic Park that will revitalise the entire area, creating a vibrant new town centre alive with the people who live and work here, not just those who come to attend an event.
“This is a vision for city building in a prime location midway between the established CBD of Sydney and the emerging CBD of Parramatta," he said.
“It sits within the knowledge corridor where the jobs of the future are being created in employment centres such as Ryde and Macquarie Park,” said Mr Long.
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Mirvac gains DA approval for Sydney Olympic Park as second building sells

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Property developer Mirvac has acquired two new residential development sites in Brisbane.
Its $18.6 million outlay is part of its efforts to increase its footprint in Queensland.
The developer recently settled a site in Arana Hills site (above) on Plucks Road for $5.35 million.
The deal was negotiated by Colliers International's Adam Rubie and Brendan Hogan.
Earlier this year, the listed property group acquired a six-hectare parcel at Ashmore Street in Everton Park for $13.25 million, in a deal brokered by Ray White's Matthew Fritzsche and Andrew Burke.
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It is in the process of obtaining development approval for the sites which will together deliver about 220 new homes.
At the Arana Hills development, Mirvac plans 77 three and four bedroom townhomes along with three homesites at Arana Hills. The leafy development will boast elevated aspects to nearby green corridors, and a recreation area with a pool.
The planned development at Everton Park will feature 139 lots, including 54 homesites and 85 three and four-bedroom townhomes.
The proposal also includes exclusive resident facilities with a pool and recreation centre and the retention and restoration of a heritage Queensland home, located at the community's entrance.
Mirvac Queensland Residential general manager, Warwick Bible, said the proposed projects at Arana Hills and Everton Park complemented Mirvac's fast-growing portfolio of residential communities in Queensland.
"We are actively pursuing opportunities and progressing projects in key growth precincts across south-east Queensland and see Brisbane's middle suburban ring as a prime location," he said.
"Everton Park is a suburb we know well, having completed and sold-out of our $30 million Greystone Terraces community late last year (2016), with all 56 homes purchased within 18 months,” he added.
"Demand for homesites and townhomes in this precinct remains extremely strong and we believe these planned new developments will also be well received."
Launches are expected in 2018, pending approval from the Council.
Bible said the proposed projects continue Mirvac's vision for Brisbane's middle suburban ring, with the developer moving forward with plans for a 133-homesite community on a site at Rochedale, which it acquired earlier this year.
The announcement of the new projects also comes on the back of the developer receiving state government approval for a new community at Greenbank in the Greater Flagstone Priority Development Area.  
Located about 30 kilometres south-west of the Brisbane CBD, Mirvac will deliver approximately 3,300 residential homesites and community facilities including a state primary school, neighbourhood retail centre and community health centre on the Greenbank site.
The launch is expected in 2018.
While Mirvac gears up to launch the new projects in 2018, it is also continuing to deliver its well-established Gainsborough Greens community at Pimpama, in the corridor between Brisbane and the Gold Coast.
Bible said Gainsborough Greens was one of the fastest-selling projects in Queensland, with 307 lots totalling over $75 million settled since January.
Mirvac said it achieved a record high lot settlements for the year ending June 30, while maintaining less than 2 per cent defaults. 
The developer’s 3,311 lot settlements was 17 per cent higher than last year. It secured $2.7 billion in residential pre-sales.
 
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