<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> offers plenty of reasons to live vertically, but moving from a substantial family home into an apartment can expose the compromises of high-density living. Privacy, room for guests and usable living space tend to matter more when an apartment is intended as a permanent home rather than an occasional coastal base.

A typical residential floor at <a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a>, on Surf Parade,&nbsp;contains just four apartments. The 94-residence development by <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> is predominantly made up of expansive three-bedroom homes, with a limited collection of half-floor penthouses above.

Across the apartment floors, <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has used the relatively limited number of residences to give each home greater access to natural light and outlook. Living spaces extend towards full-height glazing, while a series of bay windows frame selected views across the Pacific Ocean, city and hinterland rather than treating the building edge as a continuous wall of glass.

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[smartcode_project:default project_id=149670 project_image_fid=360965]

“The apartment floors deliver a collection of homes that embrace controlled outlook via a series of bay windows deliberately framing moments of view,” Rothelowman Director Kim Lowman said.

From outside, those projecting forms contribute to the tower’s faceted profile. Strong horizontal and vertical elements establish its proportions, while the changing position of the sun alters the light, shadow and reflection across the façade throughout the day.

The same attention moves inside the apartments, where the material palette combines warm timber, natural stone, metallic detailing and softer curved forms. Kitchens sit within the main living zone, with stone island benches, integrated joinery and European appliances, before the living areas extend towards the glazing and the outlook.

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[smartcode_project:default project_id=149670 project_image_fid=360981]

Three genuine bedrooms provide room to accommodate family and guests, while two secure car spaces and storage address some of the practical considerations that can become more noticeable when moving from a larger home. Feedback from the display suite has centred on the warmth and restraint of the interiors, with buyers commenting that the residences feel like homes rather than conventional coastal apartments.

A limited collection of half-floor penthouses occupies the upper levels, increasing the scale of the living spaces and adding private balconies and elevated finishes. From this position, the outlook extends between the ocean and hinterland.

Outside the private residences, The Eveleigh separates its shared spaces between the podium and rooftop. The podium is centred on wellness, with subtropical landscaping surrounding a swimming pool and pool terrace, yoga garden, private gymnasium, sauna and hot and cold plunge facilities. Landscaped retreats and pavilions provide additional places to sit away from the main recreation areas.

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Higher in the building, a rooftop pavilion and private dining suite sit alongside resident lounge, barbecue and outdoor dining areas, opening towards panoramic views across the ocean, city and hinterland.

“Buyers are no longer just looking for an apartment, but a lifestyle where they can relax, reset, and enjoy a balanced way of living,” Hirsch &amp; Faigen Director of Sales Matt George said.

Interest to date has come from established owner-occupiers and interstate lifestyle purchasers, including buyers planning a future move to the Gold Coast. Many are coming from larger homes and want to reduce ongoing maintenance without giving up space for family and guests, privacy, two car spaces or the ability to entertain at home.

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Much of that daily life can also take place beyond the building without requiring a drive. Kurrawa Beach and Pratten Park are an easy walk from Surf Parade, while Pacific Fair, Oracle Boulevard, The Oasis, restaurants, cafés, entertainment and public transport are also within walking distance.

The Eveleigh is Hirsch &amp; Faigen's fourth Gold Coast development since entering the market in 2021, following The Hemingway at Palm Beach, The Emerson at Kirra and Yves at Mermaid Beach. Each of the preceding projects sold out before completion.

“Broadbeach had been on our radar throughout our time operating on the Gold Coast,” the developer said. “Following our projects in Palm Beach, Kirra and Mermaid Beach, Broadbeach represented the natural next step for the business.”

The Surf Parade site brought together proximity to the beach, protected coastal outlooks and walkability to dining, shopping and recreation. Hirsch &amp; Faigen also identified the street as an emerging premium residential address, with enough separation from Broadbeach's busier destinations to retain a quieter environment at home.

The Eveleigh is now under construction by Maxcon, with completion forecast for mid-2028. Three-bedroom residences are currently available from $2.87 million.

[smartcode_project_cta:default project_id=149670]

Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Campbelltown has been starved of new residential developments in the last decade.

The only other notable development set to come to market this year is ALAND's Queen Square, a mixed-use precinct on over two hectares that will comprise apartments above a vibrant ground-level retail and hospitality dining precinct.

First look: New 139-apartment plans revive long-stalled Campbelltown city centre site

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

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.

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.

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Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

Barangaroo

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The private real estate group Markham has bought Sydney's popular King Street Wharf development.
Located next to the Barangaroo precinct, King Street Wharf has been sold for $125.5 million, on a yield of 6.02 per cent.
It was listed in January at $130 million.
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It was a 99-year leasehold of the first project built in the area, opening just before the Sydney Olympic Games in 2000.
LaSalle Investment Management had paid about $90 million in 2016 for about $90 million having bought it from Brookfield Multiplex who developed the property.
Its 14 tenants include the Cargo Bar, the Malaya restaurant, and Bungalow 8.
<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/2018/12/4/Wharf2.jpg" alt="">
Markham spent $90.5 million in May this year on the office space at the northern end of the Piers 8&amp;9, Walsh Bay.
In 2016 Markham and development heavyweight Lend Lease teamed up to buy the Sydney Superyacht Marina.
Markham is headed by James Markham and Cameron Habler.
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j.ballantyne1990-6AQqhLzZaK

Markham adds another wharf to its Sydney portfolio

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Global co-working company WeWork will lease all six floors of commercial office space at Lendlease’s recently approved Daramu House office building at 1 Sussex Street, Barangaroo South.
The co-working provider will occupy all 10,000 square metres, of the building’s office lease, which will provide for 2,000 of its members.
Designed by Alec Tzannes, Lendlease received the green light for Daramu House (pictured above), its second Barangaroo South office building, early last month.
Australian companies that use WeWork include Microsoft, Deliveroo and Box.
Daramu House is the ninth location WeWork has secured in Australia.
<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/2018/7/6/WeWork%20Brisbane.jpg" alt="">
Last week the company announced its first Brisbane site at 310 Edward Street (pictured above) which it will open later this year.
Daruma House is expected to open in early 2020.
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WeWork secures whole office building lease at Barangaroo

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<div class="cq-article-content-paras section">
Canada's Oxford Properties has won the rights to Grocon's development stake in the $2 billion Barangaroo Central project.
Oxford, led by US-based Hines Real Estate, will make a payment of about $100 million to secure the development rights over which Grocon has control.
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<div class="cq-article-content-media section">The deal sees Grocon stay on as the project development manager.</div>
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<div class="related-quotes section">Grocon confirmed to The Australian and Fairfax Media that Oxford Properties had been selected as the preferred party.</div>
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Grocon had been reportedly under pressure to secure investors for its portion of the project – an office tower of up to 50,000 square metres – before its line of credit runs out in September.
Last November Grocon was awarded the conjunctional development rights to the $2 billion Barangaroo Central development.
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<div class="cq-article-content-media section">Grocon, led by property scion Daniel Grollo, joined with Scentre and Aqualand in the winning consortium.</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">The project which sits adjacent to Crown Resorts casino. A buy-out of Grocon's stake by its own consortium partner is under consideration, sources said. 
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Oxford Properties is the real estate investment arm of OMERS, one of Canada's largest defined benefit pension plans.
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Canada's Oxford Properties secures Grocon's Barangaroo Central project equity 

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Lendlease have received approval for a second engineered timber office building in Barangaroo South.
The building, which will be known as Daramu House, translated to tree house in the aboriginal Sydney language.
Its construction will follow the completion of International House Sydney at Barangaroo in 2017.
<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/2018/6/8/barangaroo1.jpg" alt="">
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Daramu House will be Lendlease’s sixth engineered timber building in Australia.
The new building, which will be completed in late 2019, will front Hickson Road and will consist of more than 10,000 sqm of commercial floor space and around 680 sqm of new retail.
Daramu House will include the use of sustainable timbers, as well as roof-top planting to capture rain, and solar photo-voltaic cells to enable power to the building and the precinct.
Barangaroo South managing director Rob Deck said Daramu House will provide tenants with health and wellbeing benefits combined with a warm, clean and natural environment.
<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/2018/6/8/timber-barang.jpg" alt="">
“This building will be Lendlease’s sixth engineered timber building in Australia, joining its neighbour, International House Sydney as well as 25 King St in Brisbane, the Forte Apartments and Library at The Dock in Melbourne, and the Jordan Springs Community Hub in Western Sydney," Deck said.
“With engineering by Lendlease’s DesignMake business, Daramu House will offer ground level retail tenancies, six floors of office space constructed from cross laminated timber and glulam (glue laminated timber), a building material with a structural strength akin to concrete and steel. 
“Lendlease is committed to achieving innovative and sustainable solutions. Barangaroo South has already achieved Australia’s first 6 star Green Star Communities rating and WELL Certification for Core &amp; Shell at the Platinum level, the highest certification available. 
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jrobinson-rf4aSBido9

Barangaroo South set for second timber office tower dubbed Daramu House

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GUEST OBSERVATION
You may know that the suburb of Barangaroo is very popular with offshore buyers. Australian expats living overseas and foreign buyers from other countries — especially China — love this little corner of Sydney.
Why do they love Barangaroo so much, and what does it mean for you? 
James Pratt knows the suburb as well as any auctioneer. His firm, JPA Group, is located in one of the area’s new commercial towers and he has worked in the area from the opening.
“It seems like every time we have an auction booked in Barangaroo, the property sells prior,” he told me.
“Barangaroo is an excellent market for sellers, because you’re not limited to one kind of buyer. The buyer urgency goes all around the world. You’ve got both occupiers and investors. Few areas of Sydney have that kind of wide appeal.”
Jane Zhao, Sales Director and Principal of Mango Real Estate, recently set a record price for a two-bedroom apartment in Barangaroo.
The apartment is on a low floor and came with a parking space. Both the vendor and the buyer are owner occupants from mainland China.
Zhao said, “This home sold for a record price of $3.5 million in just one week. The buyers wanted to take occupancy quickly, so they didn’t care about historical transaction prices. They valued speed.“
“The owner and buyer had very similar tastes,” said Zhao. “They both loved this apartment because of the low-floor water views, which are very hard to find anywhere else in Sydney.”
Zhao believes Chinese buyers are the market to go to with Barangaroo listings. 
“I used Juwai.com to penetrate the Chinese market. They have cash. Everything is cash. They don’t need loans. I have many more buyers who want to purchase in Barangaroo, but there just isn’t enough inventory.
Other agents are also selling Barangaroo apartments at markups. Matthew Mifsud, a Sales Agent with Raine &amp; Horne City Living Pyrmont, has closed several transactions for prices significantly above the most recent prior sales price.
“A three-bedroom penthouse apartment in 17 Barangaroo Avenue was purchased off-the plan for $3.995 million and just resold for $5.5 million.
“A two-bedroom apartment I sold at 21 Barangaroo Avenue sold for $3.0 million in February 2018, after being purchased off-the plan for $1.875 million.”
Mifsud also sold a one-bedroom apartment at 25 Barangaroo Avenue for a 15% gain after just 13 months.
Barangaroo is even attracting Chinese buyers from other parts of Sydney, including Chatswood.
Joanne  Dai, a former investment banker who is Sales Executive at Century 21 City Quarter, has helped Chinese buyers move from Chatswood to Barangaroo.
“My client told me she loves Chatswood because of the Chinese influence there,” Dai said.
“But in Barangaroo she wakes up every morning with an amazing view of the Sydney Harbour. It reminds her why she chose to live in this country.”
“Barangaroo is expensive, but it offers a rare opportunity to own an iconic property along the Sydney Harbour. The last time we had such an opportunity was in 1998, when the Bennelong apartments were offered to the public. That was 20 years ago. Who knows when the next opportunity is going to be?”
Auctioneer Pratt noted that, “Barangaroo sprinted to about 15% capital gains in 2017, much better performance than in most of the rest of the city.” The average sales price in Barangaroo is $2.9m, 78% higher than in nearby Pyrmont.
According to Mifsud, Barangaroo apartments are well proportioned, with a typical two-bedroom having about 100 square meters of internal space. 
“That’s 20 to 25% better than in Lendlease’s Haymarket development, Darling Square,” he said.
“Some of the two-bedrooms in Barangarooo actually have two car spots,” Mifsud said, “which is almost unheard of.”
The huge demand for Barangaroo homes is ironic, because when promotion began there, more than one Chinese buyer told our team that they were unsure about the location. Now, if LendLease could magically produce another apartment building in Barangaroo, it would fill up with happy buyers in just a few weeks.
The marketing material from one of the buildings says it best: “Sydney is now the place everyone wants to call home,” and Barangaroo is the suburb where they want to live.
Carrie Law is the CEO and director at Juwai.com.
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Why rich Chinese buyers like Barangaroo: Juwai's Carrie Law

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Barangaroo South has been named Australia’s development of the year at a national property awards ceremony held last night.
Lendlease took home the RLB Australian Development of the Year prize at the Property Council of Australia / Rider Levett Bucknall Innovation and Excellence Awards. At the awards, 137 finalists competed for national recognition in 20 categories.
Considered Sydney’s largest urban renewal project, will house 23,000 office workers, 2,000 residents, a six-star hotel and 80-plus cafés, bars, restaurants and retail outlets across more than half a million square metres of space upon its expected 2023 completion.
Barangaroo South took also won the WSP Award for Best Sustainable Development – New Buildings, the Liberty Steel Award for Best Mixed Use Development, and the Eagle Lighting Australia Award for Best Workplace Project.
“Barangaroo South is a truly iconic international project which has recalibrated the way Australians think about precinct-scale urban renewal,” says the Property Council’s Chief Executive, Ken Morrison.
“Lendlease has combined iconic buildings designed by acclaimed architects with world-leading sustainability initiatives that have transformed entire supply chains and challenged large tenants to embrace green business practices.”
“Barangaroo South also throws down the gauntlet to governments around Australia by showing when density is done right, it delivers.”
Other winners included:
<ul>
<li>Mirvac's EY Centre was presented with the SAS International Award for Best Office Development;</li>
<li>Quantity surveying firm Slattery took home the PwC Award for Diversity for companies with less than 250 employees;</li>
<li>Cushman &amp; Wakefield won the the Moulis Legal Award for Diversity for companies with more than 250 employees;</li>
<li>Rebecca Fitzgerald, a senior mechanical engineer with WSP, was awarded the du Chateau Chun Award for Future Leader of the Year. </li>
<li>The S4B Studio Award for Best Heritage Development was taken out by the Old Clare Hotel in the Sydney suburb of Chippendale. </li>
<li>The Equiem Award for Best Project Innovation was presented to Project REDDA, an end-to-end real estate due diligence solution that automatically detects key risks in leases.</li>
<li>The Tonsley Innovation District in South Australia was presented with the KONE Award for Best Development Innovation for cultivating high-value manufacturing, leading-edge research and emerging industries.</li>
</ul>
 
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jonathanchancellor-7SQnKwU6yx

Barangaroo South wins development of the year award at PCA ceremony

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Luxury apartments at the One Barangaroo casino, hotel and residential project on Sydney Harbour will start at $9.5 million.
Making it Australia’s most expensive apartment tower, Crown Resorts executive vice-president strategy Todd Nisbet told The Australian that already a quarter of the 82 apartments had been “spoken for” ahead of its launch.
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Sale agreements include tycoon James Packer’s record $60 million purchase of two-storey apartment midway through the 30 levels.
The $2.2 billion complex is being built by the James Packer-backed Crown Resorts.
The apartments start at level 30 below which is the six-star hotel
The largest is the top duplex penthouse at 800sq m.
The tower’s marketing director, Erin Van Tuil, said the apartments had been benchmarked against projects in global cities such as London, New York, Hong Kong and Singapore.
"The residences are very international," the sales' marketing suggests.
The architect suggests 10 years ago a development like One Barangaroo would have been nearly impossible. 
"That’s mainly because of the technology – it’s quite advanced. 
"We’ve got a lot of double curvature surfaces, which you couldn’t have done in the past."
The only other reported sale was to the former bookmaker Bob Blann at more than $40 million for a whole-floor apartment.
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<img src="https://static.domain.com.au/domainblog/uploads/2018/02/24001648/2_h0wh4b.jpg" alt="An artist's impression of an apartment in One Barangaroo, which is part of Crown's casino development." width="1500" height="843">
Blann has exchanged on a 515-square-metre apartment on level 61, equating to a bullish $77,670 per square metre for the western corridor apartment location.
<img src="https://static.domain.com.au/domainblog/uploads/2018/02/24001652/2_h0wh4a.jpg" alt="An artist's impression of a bathroom in the 70-level casino development." width="1500" height="842">
Of the 80 residential apartments on offer, only three are whole-floor offerings, including Blann’s on level 61 and two immediately above it.
Each successively higher apartment is an average of 20 square metres smaller than the one below.
James Packer’s apartment is understood to be between level 40 and 50 of the 70-level tower.
Both sales have smashed the previous national apartment price record of $27 million set in late 2016 for one of the penthouses in the Opera Residences development at Circular Quay.
 
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Luxury apartments at One Barangaroo to start at $9.5  million

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A consortium led by Grocon in partnership with Aqualand and Scentre Group has been selected by the Barangaroo Delivery Authority to deliver Central Barangaroo. 
This will complete the transformation of the Barangaroo precinct. 
The consortium will be responsible for the design, development and delivery of Central Barangaroo which will be returned to the public as a dynamic and diverse precinct on the foreshore of Sydney Harbour.
The NSW Government chose the consortium to create and deliver a mixed-use, balanced development comprising commercial, retail, residential, public and cultural facilities across the 5.2 hectare site. 
Over 50% of Central Barangaroo will be public open space. It will also serve as a vital connection between the Barangaroo Reserve in the north and Barangaroo South. 
In a unique collaboration, established businesses Grocon, Aqualand and Scentre Group have combined their proven expertise in urban development, residential, commercial and retail experiences. 
The fusion of capabilities and experience of the three companies represents a new dynamic approach to development, bringing the very best in market to work together to provide a world-class outcome. 
The consortium’s successful proposal delivers upon the Barangaroo Delivery Authority’s vision, converting one of Sydney’s last prime waterfront locations into an inspiring new area which takes the best of Sydney today, and amplifies it for all to enjoy for generations to come. 
The construction, to be delivered in stages with overall completion in 2024, will seamlessly integrate the Barangaroo Metro Station, where up to 30,000 people will transit daily.
Grocon’s Executive Chairman, Daniel Grollo said Grocon are honoured to be selected to develop Central Barangaroo and deliver it back to the people.
"We are privileged to be working in partnership with the Barangaroo Delivery Authority and the NSW Government to create a distinctive harbour-front destination for Sydney where public space will take centre stage.
“Grocon has brought together an outstanding group of consortium partners who share a vision to combine civic and cultural attractions with recreational, residential, retail and commercial spaces. 
"The creation of a unifying place between Barangaroo Reserve and Barangaroo South will lay the foundations and shape the city’s future. 
Jin Lin, Aqualand’s CEO, said Central Barangaroo meets a key company objective.
“Aqualand is proud to work alongside the NSW Government and our consortium partners Grocon and Scentre Group to deliver Sydney’s next iconic community. 
"Central Barangaroo meets one of our key company objectives – to deliver long-term, flagship developments that create a legacy for future generations.”
Scentre Group’s CEO, Peter Allen, said Scentre Group is pleased to be part of the winning consortium, alongside partners Grocon and Aqualand. 
"We look forward to expanding on our vibrant retail offer in Sydney by bringing to life this exciting new precinct that encompasses lifestyle, recreation, entertainment, residential, commercial and retail uses.”  
The consortium looks forward to sharing the successful scheme for Central Barangaroo in the near future, when there will be opportunities for comment.
 
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Grocon, Aqualand and Scentre Group awarded Central Barangaroo Precinct

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Casino operator Crown Resorts has announced a string of asset sales, including the disposal of two floors within its luxury Sydney development to James Packer.
James Packer will pay $60 million for two residential floors of the 70-floor Crown Sydney at Barangaroo.
The apartment space is located above the mid-levels in the luxury high rise project that will include a casino for high rollers.
Crown said the sale will be made on the same terms as those entered into with other buyers.
It was sold after approval of Crown's independent directors, the company told the stock market on Wednesday.
Crown has been looking overseas to sell apartments in the ­luxury residential tower. The Australian report, at this stage, Mr Packer's two-floor apartment - located somewhere between the 40th and 50th floor - will be the biggest in the building in terms of square metres, and will feature unprecedented features.
Fashioned by New York-based interior designers, it’s expected the apartment will have Scandinavian bleached birch wood, ripple textured bronze glass, polished blackened stainless steel, leather detailing, and white and silver-veined stone slabs from Greece.
Though the pricing is being kept under wraps, there’s speculation that the penthouse atop the Barangaroo tower, to be branded Crown Sydney, One Barangaroo, could come with a price tag as high as $100 million. 
The record apartment sale stands at $27 million in the Opera Residences development at Circular Quay which sold in November last year on the site of the old Coca Cola Amatil building.
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The wealthy businessman, former chief of Tenix, Robert Salteri and his wife Kelly has since been pinpointed as the $27 million buyers.
The 104 apartments to be built in the old Coca-Cola Amatil building by China-based developers Macrolink and Landream sold out within two hours last November, totalling $500 million worth of real estate.
It was in June 2016 when Crown Resorts secured approval for the $2 billion Sydney casino at Barangaroo.
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Crown had originally targeted a late 2019 completion for the casino with luxury apartments but it is now 2021 as the likely opening date
The Crown company is also selling its 50 per cent interest in the Packer family's luxury Ellerston property in the NSW Hunter Valley to James Packer and his sister Gretel for $62.5 million.
Crown will continue to have access to the golf course and other facilities at Ellerston for its VIP gamblers, in line with its commitment to the NSW government.
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James Packer pays record $60 million off the plan to buy Crown Barangaroo apartment 

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Lendlease has lodged a planning application with the Department of Planning &amp; Environment for an engineered timber office building at Barangaroo South, the second of its kind for the precinct. 
The application proposes a ‘sister building’ to International House Sydney.
The building, if the department approves it following public exhibition, will be Lendlease’s sixth engineered timber building in Australia, joining its neighbour International House Sydney, 25 King in Brisbane, Forte Apartments and Library at The Dock in Melbourne, and Jordan Springs Community Hub in Western Sydney.  
With engineering by Lendlease’s DesignMake business and architecture by Tzannes Associates, which also designed International House Sydney, the design offers a larger floorplan to suit the needs of modern businesses.
It will have ground level retail tenancies and six floors of office space constructed from cross laminated timber and glulam (glue laminated timber), a revolutionary building material which has a structural strength akin to concrete and steel. 
Rob Deck, managing director of Barangaroo South, said Australia’s first engineered timber office building, International House Sydney attracted a lot of interest from the property industry, business sector and general public. 
It was completed this year and has won several design awards. 
“This second such building will be the final opportunity in Barangaroo South for prospective commercial tenants seeking an exciting, sustainable and innovative workplace for their employees,” said Deck. 
The proposed building will be located on Hickson Road in front of Tower 1, International Towers Sydney, and is expected to be completed in late 2019.
The plan proposes total commercial floor space of nearly 10,000 sqm Net Lettable Area and a typical floorplate of nearly 1,700 sqm NLA. 
Lendlease is targeting a 6 Star Green Star Design and As Built rating and at least a 5 Star NABERS Energy Base Building rating. 
It will be serviced by end-of-trip bicycle facilities located in the basement. 
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