Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

Joel Robinson

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

[smartcode_project_cta:default project_id=152737]

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Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

A collection of just 25 large-format apartments and penthouses overlooking Goodwin Park is entering the Coolangatta market, with <a href="https://www.apartments.com.au/new-apartments/marea-residences-coolangatta-27-27a-dixon-street-coolangatta-qld-4225">Maréa Residences</a> combining a low-density, residential-only approach with uninterrupted park and Pacific Ocean outlooks.

Located at 27 Dixon Street, Maréa comprises three and four-bedroom residences alongside a limited number of dual-level penthouses, with the project positioned between Goodwin Park and <a href="https://www.apartments.com.au/developments/coolangatta-qld-4225">Coolangatta</a>’s coastal precinct.

Construction has commenced, with completion currently estimated for late 2027. Three-bedroom residences are priced from $1.8 million.

[smartcode_project:default project_id=150999 project_image_fid=374005]

The project has been designed around its northern outlook across the park, with the building’s architecture, landscaping and material palette intended to establish a connection with the neighbouring green space. The residences have been configured to maximise natural light and views across Goodwin Park towards the ocean.

Inside, the material palette incorporates timber, stone and brushed brass, complemented by curved detailing and ambient lighting. Kitchens and bathrooms carry the same natural material approach, while residences also include basement parking, storage and lift access.

Maréa’s penthouses are arranged over two levels and include private pools, adding another layer to the project’s focus on larger-format apartment living. Across the development, residences are configured with three or four bedrooms rather than the broader mix of smaller apartment types commonly found in larger projects.

[smartcode_project:default project_id=150999 project_image_fid=374010]

Resident amenity is concentrated at rooftop level, where landscaped entertaining terraces and pools take advantage of elevated views across Coolangatta and the Pacific Ocean.

The project has so far been particularly well received by local owner-occupiers and downsizers, according to Urban Activation Property Sales and Marketing Director Matt George, with the residential-only format, construction quality and northern park outlook among the features resonating with purchasers.

“The uninterrupted northern aspect overlooking Goodwin Park has been a key point of difference, with buyers attracted to the sense of serenity and open space the park provides, while still enjoying easy access to the ocean and being within walking distance of the lifestyle and amenities Coolangatta has to offer,” George said.

[smartcode_project:default project_id=150999 project_image_fid=374002]

“The combination of high-quality construction, a residential-only building, park outlook and proximity to the beach has resonated strongly with the local downsizer market.”

The Dixon Street address is within walking distance of Coolangatta Beach and the broader southern Gold Coast coastline, including the surf breaks at Snapper Rocks and Kirra. Coolangatta’s cafés, restaurants and retail are nearby, while Gold Coast Airport is also within close proximity.

[smartcode_project_cta:default project_id=150999]

Maréa Residences brings parkside apartments to Coolangatta

Melbourne developer PDG has secured Victorian Government approval for its $1.5 billion Southbank development <a href="https://www.apartments.com.au/new-apartments/the-one-1-queens-bridge-street-southbank-vic-3006">The One</a>, clearing the way for the long-dormant riverfront site opposite Crown to finally be developed.

The Minister for Planning has approved the project at 1-29 Queens Bridge Street, with the Department of Transport and Planning issuing the planning permit following its assessment.

The approval will allow PDG to develop the prominent 5,059 sqm site with a major mixed-use tower comprising premium apartments, including branded residences, a luxury hotel and boutique office space.

PDG acquired the site in late 2024, with its position directly opposite Crown's main entrance and near Melbourne's Arts Precinct making it one of Southbank's most significant remaining development opportunities.

<img alt="PDG" data-entity-type="file" data-entity-uuid="3933013e-6332-4386-b9be-089df05caf17" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.22%E2%80%AFAM.png?VersionId=sITIgBqDL0N3VNSMwWEmF5UA.uvcsRyu" />

Designed by COX in collaboration with ODO and PDG, the tower's architecture draws on the movement of the Yarra River, with six vertical pleats running the height of the sculpted facade.

The project will also see the heritage-listed Queens Bridge Hotel restored and incorporated into the development&nbsp;with new hospitality and public uses, including a rooftop venue.

A significant component of The One will be its residential amenity.

More than 5,000 sqm of resident facilities will be delivered across a single level, making it one of the largest consolidated residential amenity offerings proposed in an Australian apartment development.

The planning approval also incorporates a major upgrade of Queensbridge Square, which PDG will deliver in partnership with the City of Melbourne.

<img alt="PDG" data-entity-type="file" data-entity-uuid="73167fcd-1031-4b6f-a408-a064cfe45ed1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.17%E2%80%AFAM.png?VersionId=Pf1AEWxw6SNmBqR0zQW5lyEze.MtxgFp" />

The existing square will be revitalised as a new civic and pedestrian space along the Yarra River, strengthening the connection between the project, Southbank and the riverfront.

PDG Founder and Managing Director Vince Giuliano said the approval represented a major milestone for a site which has remained largely underutilised for more than 15 years.

“This is the most significant Planning Permit approval Melbourne has seen in recent years,” Giuliano said.

“For more than 15 years, this site has remained underutilised. This approval enables us to deliver a project that will contribute meaningfully to the revitalisation of Southbank, restore and reactivate an important heritage building, and create a new civic and hospitality destination for Melbourne.”

The latest approval follows an earlier planning permit issued by the City of Melbourne covering demolition works across part of the site at 9-29 Queens Bridge Street. Those demolition and early works are already underway.

PDG has also started generating early interest in the residential component from owner-occupiers ahead of a planned public launch in early 2027.

PDG secures approval for $1.5bn Southbank apartment development, The One

Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

Waterloo

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EXPERT OBSERVER
The announcement by the NSW Planning Minister, Rob Stokes, that a number of Priority Precincts will go back to councils is likely to slow down planning. The most significant precinct to go back to a council is the Waterloo Estate (above and below), where the NSW Government owns the land and is responsible for the social housing tenants - yet the project has been given back to the City of Sydney council.
 The NSW Government previously developed a preferred masterplan with 6,800 dwellings, including sufficient market homes, to subsidise the affordable and social housing tenants. 
The City of Sydney Council proposed an alternative approach with only 5,300 dwellings including more affordable housing. 
Clearly there will be a big funding short fall in the council approach, so it seems very strange that the Planning Minister has supported the council scheme which could require over a billion dollars of extra funding, presumably from the NSW Government. While the NSW Government will lead planning in 12 of the 48 precincts, there will be 25 precincts where collaborative or strategic planning will be shared between councils and the state, and a further 11 where councils will take over planning. At the very least, the NSW government must set target dwelling supply numbers in the precincts where they have partially or totally handed planning back to councils. 
We have seen before the confusion when the state starts planning and then hands it back to councils at Parramatta Road where planning outcomes are still very unclear. Another example is the precincts along the Sydenham to Bankstown line, where under pressure from local councils, planning was handed back to the local bodies but to the development industry it is very unclear what the planning rules are. While the Planning Minister’s media release talked about ‘supercharging the delivery of Sydney’s priority precincts’, the Urban Taskforce believes the extent of full or partial delegation to councils is likely to slow down rather than speed up housing supply. New South Wales, and Sydney in particular, needs a real boost to its housing supply following the September 2019 low housing approval numbers announced by the Australian Bureau of Statistics. 
Dwelling approvals have dropped by 46 percent since their high point of July 2016 and now sit at 2013 levels. The CommSec State of the States report recently put NSW below Victoria and Tasmania in economic performance based significantly on falling dwelling commencements. Furthermore, the NSW Government’s own Productivity Commission stated in a recent Discussion Paper that development approvals in NSW were taking twice as long as other states in Australia. There is no doubt that housing supply needs to be supercharged in New South Wales, but having only 12 of the 48 priority precincts being state-led, with the rest partially or totally under council control, is likely to slow down rather than speed up planning. It is interesting to see that the Planning Minister does not seem to have much confidence in his Department of Planning, Industry and Environment when he states that the changes are needed because ‘of planning proposals stuck in the system’, so he proposes to empower councils to have a stronger role. The Urban Taskforce would like to understand more about how this radical shift of responsibilities between state and council planning bodies is going to work at the very time the NSW Government, through its Productivity Commission, is calling for a more productive planning system that takes half the time of the current processes. There will need to be very strict controls on councils in relation to turn around times and clear outcomes in terms of size of development set for precincts.
CHRIS JOHNSON is the CEO of Urban Taskforce
 
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Priority precincts likely to slow down as council roles increase

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Retired founder of Chadwick Models, Peter Chadwick, has sold his apartment in a luxury over-55s Woollahra complex with plans to move to the heart of the foodie scene at Danks Street, Waterloo.
The still hip Chadwick has spent $1,275,000 on a 2015-built, two-bedroom apartment in an award-winning project designed by SJB Architects for Made Property Group.
His north-facing apartment in Emanuel Gardens had been on the market for four months before Raine &amp; Horne Double Bay agent Jane Schumann secured its sale.
She was asking $1.45 million for the two-bedroom apartment.
This article was first published in the Sunday Telegraph.
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Chadwick Models founder moves to Waterloo warehouse conversion

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EXPERT OBSERVER
Sydney Lord Mayor, Clover Moore (pictured), will hold a community meeting on March 6 to scaremonger residents of Waterloo by claiming over development by the NSW Government.
The Lord Mayor’s doom and gloom statements about over development of the social housing precinct in Waterloo reflect a growing anti -development rhetoric by politicians in the build up to the NSW Election on 23 March.
In previous community meetings Clover Moore has shown images of wall to wall high rise towers in Hong Kong as being typical of what will happen at Waterloo. But the truth is very different.
The Lord Mayor claims that the density of the proposed 6,800 apartments at Waterloo will be excessive yet it will by 25 percent less dense that the award winning Central Park development on Broadway.
The density of the preferred option for Waterloo will be 730 people per hectare compared to the 1,000 people per hectare at Central Park yet few people would claim that Central Park is over developed.
The City of Sydney has used dwellings per hectare density figures but social housing units in inner Sydney have only 1.3 people per dwelling as tenants are mainly single people.
To compare these smaller dwellings to large homes in other parts of Sydney is incorrect and giving a false measure of density.
The NSW Government deserves credit for its proposal to revitalise the ageing social housing precinct at Waterloo.
For decades governments and councils have called for the renewal of the precinct with a focus on mixing market based housing with social and affordable housing but until now none have found an economically viable solution. It is easy to criticise the current proposal if you don’t have to fund the project which will cost billions of dollars.
The City of Sydney has slashed into the government’s funding model by reducing the income earning market apartments by a massive 1,500 dwellings, eliminating the taller buildings that generate much of the income then saying that new funds should come from the government and that any renovations should be funded by someone else.
The approach for the Waterloo revitalisation by the NSW Government is similar to world best practice. In Canada the Toronto Community Housing Corporation (TCHC) called for bids from the private sector to revitalise the Regent Park social housing estate a few kilometres from the centre of town in the mid 2000’s.
The project replaces 2,083 degraded social housing units and adds 448 affordable housing rental units along with 5,400 new market condominium units. So around 70 percent of the final homes will be market homes and they will subsidise the 30 percent that are social or affordable homes.
The Waterloo market housing proportion is only 65 per cent with 35 percent being social or affordable housing. Both projects are Page 2 of 3 carefully spread over 20 year timeframes so that change is carefully managed for existing residents and the project can respond to conditions in the market place.”
The City of Sydney scheme is presented in their report as being light and filled with greenery while the state government’s scheme has been presented as ominous black towers.
This continues the Lord Mayor’s rhetoric that Waterloo would become a ‘ghetto’ with ‘Hong Kong density.’
What is needed by the City of Sydney Council is positive comments about how to improve the public domain and social outcomes of the masterplan rather than the current approach to totally undermine the proposal. The end result of the Lord Mayor’s attack could be to stop the project and put it on hold for a few more decades.
We are on the edge of making the revitalisation of Waterloo a reality after years of detailed work with the community. To sabotage all this work now would be a very destructive act by the City of Sydney Council.
CHRIS JOHNSON is the Urban Taskforce CEO
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Clover Moore is scaremongering Waterloo residents: Chris Johnson

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EXPERT OBSERVER
The preferred masterplan for the revitalisation of Waterloo has the right ingredients to create a modern mixed use community.
The preferred masterplan for the revitalisation of Waterloo by the NSW Government has responded to community input by reducing dwelling numbers down to 6,800 and by providing 60 percent of dwellings in buildings 7 storeys or lower.
The 18 hectare site will have 3 hectares of open space with two large parks and a tree lined pedestrian boulevard.
The preferred masterplan has all the ingredients to create a dynamic community that mixes affordable housing, social housing and market housing.
The Urban Taskforce supports the government’s approach of increasing densities so that the market housing helps fund the social and affordable housing.This approach can only work on a large site like this.
Some commentators have criticised the density but Waterloo will have 28 percent less density that the award winning Central Park project.
Central Park has 2,214 apartments averaging 2.2 people per apartment giving 4,870 people plus 1,040 student beds giving a total of 5,910 people across the 5.8 hectare site. This equates to 1,018 people per hectare.
Waterloo will have 4,760 market and affordable apartments at 2.2 people per apartment giving 10,472 people and 2,040 social housing dwellings averaging 1.3 people per dwelling giving 2,652 people giving a total of 13,124 people across the 18 hectare site. This equates to 729 people per hectare which is well below the Central Park density.”
Clearly a large site so close to the Sydney CBD with a new metro station next door and with more parkland adjacent to the site must not be under developed.
The size of the site means the taller towers that only use 6 percent of the site can be carefully located to not be intrusive to open space.
The Urban Taskforce supports the general approach to the preferred masterplan that will be rolled out over 15 to 20 years.
It will be important to ensure the realities of the market place are carefully managed to make sure that the economic viability of the overall development relates to external market forces.
This may require some flexibility with when particular building types go to the market.”
CHRIS JOHNSON is the Urban Taskforce CEO 
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Waterloo revitalisation plans will create a modern urban community: Chris Johnson

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Aqualand has been shortlisted for the next phase of the NSW State Government’s Waterloo Metro Quarter Development.
They are now in the request for tender stage.
Aqualand’s team includes CPB Contractors and community housing partner, City West Housing.
John Carfi, Chief Executive Officer of Aqualand said, “The Waterloo Metro Development Quarter will be a key catalyst for change and will set the highest possible standard for successful urban renewal”.
The Waterloo Metro Quarter will be integrated with the new Waterloo Station and will deliver new homes, shops, community services and a new public plaza.
<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/2018/12/7/Waterloo%20Station%202.jpg" alt="">
Located 700m from Redfern Station and 880m to Green Square Station The proposed development will comprise approximately 700 new homes above and adjacent to the new Waterloo Station.
The Waterloo Metro Quarter will deliver up to 10% affordable housing and 70 social housing dwellings as part of the new community.
Waterloo Metro Quarter will feature approximately 4000 sqm of locally focused retail and approximately 9000 sqm of commercial space, shared offices and health services.
It is due to open to the public in 2024.
The design team for the project includes Architects Tzannes, Turner, Silvester Fuller, GHD and Oculus.
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Aqualand shortlisted for Waterloo metro quarter development

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Crown Group has joined forces with Mitsubishi Estate Group for a new Sydney venture.
Mastery by Crown Group will be a $500 million development in Waterloo has been designed by renowned Japanese architect Kengo Kuma, Japanese-born Sydney-based architect Koichi Takada and Sydney’s Silvester Fuller.
<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/2018/11/30/a26bebf1cb1b49d1ba92b8dd52dc4273.jpg" alt="">
Located at 48 O’Dea Avenue, the development will consist of five buildings with a total of 374 apartments, including studio, one, two and three-bedroom apartments and penthouses.
Facilities will include an infinity-edge rooftop pool, a gym, community room, and a retail precinct with a mix of restaurants, cafes and shops.
Construction is already underway, with an expected completion date of 2020 for four low-rise buildings and 2021 for the high-rise building.
<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/2018/11/30/0d595ef978f74a0b990e68bd1afe1ad8.jpg" alt="">
Crown Group Chairman and Group CEO Iwan Sunito said the company was excited by the joint venture.
“It is such an honour and privilege to partner with Mitsubishi Estate Group, one of the world’s largest and most respected real estate investors and developers,” Sunito said.
“This is about collaboration and also learning from such an amazing organisation.”
MJR Senior Managing Executive Officer Yutaro Yotsuzuka said: “We are honoured that this reliable and award-winning developer Crown Group is working with us.
“We see great opportunities in Sydney’s property market and we have a strong belief in this global high-growth market.
“Together, we can realise Crown Group’s monumental vison of the revitalisation of this up-and-coming architectural precinct, Waterloo, in the heart of the Sydney.   “We envision a long-term and healthy business relationship with Crown Group and we both welcome creative ideas. The time is right for us to form this strategic partnership.”
Crown Group’s latest development Mastery, located in Waterloo, achieved $40 million in sales of the first allocation within hours earlier this month when locals snapped up the majority of the sales.
Building C with apartment interiors designed by Koichi Takada Architects sold the majority of its apartments that were released on sale.
Two of the most sought-after apartments, both dual keys, worth $1.9 and $2.01 million respectively, were sold at the sales launch.
<img src="https://www.urban.com.au/images/2018/11/21/Crown%202.JPG" alt=""> 
In addition to residential apartments, Crown Group will create a "Japanese Eat Street."
Mastery by Crown Group’s Project Director of Sales Prisca Edwards said there was a mix of both investors and owner-occupiers from first home buyers and young professionals, to downsizing couples and young families, "with the latter now defining one quarter of Australia’s total apartment population."
Apartments in Mastery by Crown Group are available for sale priced from $632,000.
Construction is expected to be completed in 2021.
Crown Group’s CEO of Global Capital and Director of Sales, Prisca Edwards said: “The success of the Mastery by Crown Group sales launch on 17 November shows the strong demand for high-quality apartments in the right location.”
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Crown Group and Mitsubishi joint venture $500 million Mastery, Waterloo development 

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The Waterloo premises of Orangetheory Fitness, one of the world's largest gym franchises, has sold for the second time in just six months.
The 2015 built property last sold for $1,385,000 in May, and this time round sold for an undisclosed price.
The 400 sqm space at <a href="https://www.commercialrealestate.com.au/property/lot-2-17-19-danks-street-waterloo-nsw-2017-2014697781" target="_blank">17-19 Danks Street</a> in the heart of Waterloo has a net passing income of nearly $115,000 per annum.
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Orangetheory Fitness is signed to a long lease until 2027, with options to 2037. The global fitness industry giant has over 1,000 locations worldwide.
CBRE agents Stephen Grant, Matthew Fenn and Nicholas Heaton marketed the property.
They suggested the future Green Square development in Zetland is expected to bring 61,000 new residents and 22,000 new workers to the area by 2030.
 
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Waterloo home of Orangetheory Fitness sells for second time in six months

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Crown Group has revealed its latest development.
Mastery by Crown Group, is a collaboration between Japanese architect Kengo Kuma and award-winning local architect Koichi Takada, who has worked before with the developer.
The five-building development has its centrepiece the building by Kengo Kuma, an eye-catching 20-storey tower featuring a striking plant-filled, green exterior designed to emulate a stacked forest.
The remaining four buildings consist three buildings designed by Koichi Takada Architects and a building designed by Sydney-based architects Silvester Fuller.
Crown Group chairman and CEO Iwan Sunito said his vision for Mastery by Crown Group was for it to become a vibrant and diverse community.
He expects between 60 percent and 70 percent will be local buyers.
Located at <a href="https://apartments.masterybycrowngroup.com.au/?gclid=CjwKCAjw0oveBRAmEiwAzf6_rKofth171Thr3RCELoFuZSRybMmpbUPwoRRuj7c6wDlqAdNLuPMohRoCbKcQAvD_BwE" target="_blank">48 O’Dea Avenue Waterloo, Mastery by Crown Group</a> will comprise 384 luxury apartments.
There will be resort-style residents amenities including an infinity-edge cantilevered rooftop pool, gym and community room and a ground-floor retail precinct comprising a mix of restaurants, cafes and shops.
Crown Group will begin accepting expressions of interest later this week with apartment sales to begin November 17.
Construction is scheduled in various stages for completion by 2021.
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Since Sunito co-founded Crown Group with business partner Paul Sathio in 1996, Crown Group has since built a portfolio of projects under construction and in the pipeline worth $5 billion.
“With Mastery by Crown Group, we are creating a new urban hub,” Mr Sunito said.
It was a great coup to have both Kengo Kuma and Koichi Takada collaborating on the project, Mr Sunito said.
“Kengo Kuma and Koichi Takada each have their own unique style and ethos and are true leaders in their field, renowned for their creativity,” Mr Sunito said.
Kengo Kuma founded Kengo Kuma and Associates, Inc. in his home nation Japan in 1990. Last year the company made its first foray into Australia designing The Darling Exchange, a six-storey public building in Darling Harbour followed by a 25-storey hotel in Sydney’s Circular Quay.
Kengo studied at Columbia University in New York City and made last year’s Dezeen Hot List.
The “stacked forest” apartment building at the heart of Mastery by Crown Group will be Kengo Kuma and Associates’ first residential project in Australia.
“Our intention is to give a warm and a natural atmosphere to the community with unique design strategies,” Mr Kuma said of the 19-storey residential tower.
“The upper volume of the tower seamlessly transforms into the lower part of the stepped terraces in order to create an intimacy between the building scale and the pedestrian scale on the street level.
“Eaves wrapping the façade are covered by sticks which give a warm impression of the wood to the façade.
“The entire façade becomes a vertical urban forest by having vegetation on each eave,” Mr Kuma added.
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Japanese-born Sydney-based architect Koichi Takada has designed three of the five buildings at Mastery by Crown Group.
Takada began his career in Tokyo and moved to Sydney in 1997. His firm Koichi Takada Architects has won multiple awards for its residential, retail and hospitality designs.
“It is my honour to work alongside Kuma sensei, the Japanese master of architecture. It is a dream come true,” Mr Takada said.
“I drew on an idea of ‘green luxury,’ finding inspiration in nature. Each building is designed with a ‘human touch’ to express its organic and distinct architectural character.
“Responding to Kengo Kuma’s vision for the tallest of the five buildings, I am excited to design three low-rise buildings that create a dynamic architectural dialogue within the precinct,” Mr Takada added.
Mastery by Crown Group sits within the City of Sydney’s Green Square redevelopment precinct; 5km from Sydney’s CBD, 3km from UNSW and 7km from Sydney’s Airport.
With more than 40,000 jobs expected to be created in the Green Square area by 2030, the development will be home to hundreds of new Waterloo residents when completed in 2021.
For more information <a href="https://apartments.masterybycrowngroup.com.au/?gclid=CjwKCAjw0oveBRAmEiwAzf6_rKofth171Thr3RCELoFuZSRybMmpbUPwoRRuj7c6wDlqAdNLuPMohRoCbKcQAvD_BwE" target="_blank">click here.</a>
 
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Green luxury on offer as Crown seeks Mastery buyers 

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Award-winning Nova FM radio star Kent 'Smallzy' Smalls has found a tenant for his Waterloo investment apartment.
Smallzy had previously called the Danks Street unit home since paying $1.08 million in 2015.
The 135 square metre, two bedroom, two bathroom unit in the 2014 built Casba complex features a full length entertaining terrace off the open plan living area and designer kitchen.
He recently found a tenant at around $970 a week. 
Smallzy started his career at 19 on Star 104.5 on the Central Coast before moving to Nova 106.9 in Brisbane.
He currently hosts his own national show Smallzy's Surgery on weeknights.
This article first appeared in The Daily Telegraph. 
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Kent 'Smallzy' Small finds tenant for Waterloo investment 

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Alula, a $55 million boutique, mixed-use development in Sydney’s Waterloo by Luxeland Group has been launched.
The 42 apartment Alula Waterloo has been designed by the UK-based, Grimshaw Architects with floor to ceiling glass façade wrapping around the entire building.
Every apartment has a balcony and collapsible glass-panel living room walls.
A central courtyard is designed to bring north-south/east-west cross ventilation for every residence along with natural light refraction.
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Alula’s offering is pitched to the local owner-occupier market.
There are only eight to nine apartments per floor.
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"Grimshaw has created a truly amazing design," explains Diana Ren, Director of Luxeland.
"Around 35% of all apartments are also corner positioned on three sides, with views and expansive outdoor entertaining spaces.”
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