For most new apartment buildings, the Owners Corporation starts life with little more than a bank account and the first quarterly strata levies.

At <a href="https://www.apartments.com.au/buildings/9-gay-street-castle-hill-9-gay-street-castle-hill-nsw-2154">9 Gay Street</a> in <a href="https://www.apartments.com.au/developments/castle-hill-nsw-2154">Castle Hill</a>, it starts with around $7 million in reserve.

It's an unusual legacy of what was once one of Sydney's highest-profile apartment remediation projects. When the development, originally known as Skyview and built by disgraced developer Top Place, came under scrutiny by then NSW Building Commissioner David Chandler, an $11 million remediation bond was negotiated to ensure any building defects could be fully rectified.

The building underwent an 18-month remediation program, during which around $4 million of that bond was spent bringing the building up to the standard it should have been in from the outset.

After extensive inspections, all active rectification orders have been lifted. What's more, around $7.2 million remains secured for the Owners Corporation for the next 15 years.

In a twist few would have predicted, what began as a significant concern for purchasers has left the building with something almost unheard of in the apartment market: a multi-million-dollar financial reserve from day one.

[smartcode_project:default project_id=147685 project_image_fid=359136]

<a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a> Executive Chairman Greg Huxley said the structure offers buyers a level of certainty that is difficult to replicate.

"The $11 million bond established for the Skyview Castle Hill development represents exceptional value, providing genuine financial security for purchasers," Huxley said.

"Unlike a standard insurance policy, this bond consists of real funds held in trust for the Owners Corporation, offering a tangible layer of protection and added peace of mind."

The apartments themselves have been designed with a focus on practical, contemporary living. Interiors feature Smeg appliances, stone benchtops, tiled living areas, carpeted bedrooms, 2.7-metre ceilings, floor-to-ceiling glazing, and ducted heating and cooling throughout.

Residents also have access to a range of shared amenities, including two rooftop barbecue areas, a swimming pool, children's playgrounds, secure building access, storage cages, and visitor parking.

The location continues to be one of the project's strongest drawcards. Castle Hill Metro Station sits virtually on the doorstep, providing direct connections across Sydney's expanding Metro network, while Castle Towers offers extensive retail, dining, entertainment, and service amenities within walking distance.

[smartcode_project:default project_id=147685 project_image_fid=359127]

The building, now named after its location at 9 Gay Street, comprises a diverse mix of one-, two-, and three-bedroom apartments starting from just under $600,000.

Equitifund National Sales Director Ben Hamblett said demand in the Hills District continues to be driven by buyers seeking convenience and connectivity.

"Interest from both owner-occupiers and investors in Castle Hill remains exceptionally strong, with buyers consistently prioritising developments in close proximity to the Metro station and Castle Towers Shopping Centre," Hamblett said.

"There is a clear trend in the market, with purchasers seeking convenient access to transport and lifestyle amenities that support a seamless, low-maintenance way of living."

On top of the long-term protection afforded by the remaining $7.2 million bond, Equitifund is offering a limited-time stamp duty rebate on selected apartments.

Eligible purchasers can also secure finance options, including a 3.99 per cent two-year variable rate, loan-to-value ratios of up to 90 per cent, and interest-only lending options through EquitiCredit.

[smartcode_project_cta:default project_id=147685]

Joel Robinson

Why this Castle Hill apartment building starts with a $7 million advantage

For much of the past few years, conversations about Australia's property market have centred on the rapid growth seen in Sydney, Brisbane, Gold Coast, and Perth. <a href="https://www.apartments.com.au/developments/melbourne-vic-3004">Melbourne</a> has followed a different trajectory.

That relative underperformance is now encouraging some buyers to reassess the city, particularly those willing to look beyond short-term market movements and focus on quality property in established locations, along with the long-term growth prospects of a city expected to overtake Sydney as Australia’s most populous.

John Bekiaris, Research &amp; Market Insights at <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Projects by Equitifund</a>, said Melbourne's current position is attracting increasingly sophisticated purchasers.

"Melbourne continues to present one of Australia's strongest long-term investment stories," Bekiaris says.

"While other capital cities have experienced stronger recent growth, that relative underperformance is exactly what's attracting sophisticated counter-cyclical investors."

[smartcode_project:default project_id=1979 project_image_fid=363268]

Equitifund isn't just commenting on Melbourne's property market, it's investing in it.

The Sydney-headquartered capital partner has taken over the remaining apartments at <a href="https://www.apartments.com.au/buildings/victoriana-melbourne-20-queens-road-melbourne-vic-3004">Victoriana</a>, the recently completed glass-encased development opposite Albert Park Lake in Melbourne's tightly held St Kilda Road precinct.

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and built by <a href="https://www.apartments.com.au/builders/hickory">Hickory</a>, Victoriana places residents between one of Melbourne's most recognised parklands and the CBD, offering oversized two and three-bedroom apartments aimed at owner-occupiers seeking a genuine alternative to a traditional family home.

The development comprises 232 completed residences alongside a suite of resident amenities, including a 25-metre indoor swimming pool, gymnasium, landscaped entertaining areas, resident lounges, EV charging, secure basement parking and a concierge-style arrival experience.

[smartcode_project:default project_id=1979 project_image_fid=363229]

The apartments have been designed with owner-occupiers firmly in mind.&nbsp;Open-plan living and dining areas flow onto generous balconies framing views across Albert Park Lake, Fawkner Park, the Royal Botanic Gardens and the Melbourne skyline.

Kitchens feature Gaggenau appliances, stone benchtops and generous preparation space. Bedrooms include built-in robes, while bathrooms feature full-height textured tiling. Hardwood flooring and ducted air conditioning complete residences designed for long-term living.

Rothelowman's architecture takes its cues from the landscape opposite the site. Sweeping horizontal glazing references the movement of Albert Park Lake, while generous balconies and expansive glazing strengthen the connection between the apartments and the surrounding parklands. The result is a building designed to deliver the scale and amenity expected of luxury apartment living, while offering the larger floorplans increasingly sought by owner-occupiers.

[smartcode_project:default project_id=1979 project_image_fid=363284]

The location is one of Victoriana's defining characteristics. Positioned on Queens Road, residents are directly opposite Albert Park Lake and within easy reach of Fawkner Park, the Royal Botanic Gardens, South Melbourne, St Kilda Road and the CBD. With few comparable development opportunities remaining in the precinct, buyers are increasingly placing value on outlooks that are unlikely to be interrupted by future construction.

Greg Huxley, Founder of Equitifund, believes those qualities become even more valuable over time.

"Premium real estate has always rewarded buyers who take a long-term view," Huxley said.

"Victoriana represents the kind of asset that's increasingly difficult to recreate today, particularly in an established location like Queens Road."

He said rising construction costs are also changing the way buyers assess completed developments.

"When you combine an irreplaceable location with thoughtful architecture and premium finishes, you create something that becomes increasingly difficult to reproduce as construction costs continue to rise."

[smartcode_project:default project_id=1979 project_image_fid=363228]

According to National Sales Director Ben Hamblett, enquiry has been driven largely by Melbourne downsizers and buyers upgrading from smaller apartments.

"Interest in Victoriana continues to build, with strong buyer focus on the larger owner-occupier residences within the development," Hamblett says.

"Enquiry is increasingly driven by local buyers who recognise the rarity of what's on offer: park-facing apartments in an established neighbourhood where new development opportunities are becoming increasingly scarce. At Victoriana, the view is not just a feature; it's an appreciating asset in its own right."

He said interstate enquiry has also strengthened as buyers reassess Melbourne's position within the national property cycle.

"Melbourne currently stands as the most compelling entry point of any major Australian capital, and discerning buyers are beginning to recognise what those who move early always understand: the best opportunities are taken before the price rise confirms them."

[smartcode_project_cta:default project_id=1979]

Why now is the time to buy in Melbourne's premium apartment market

Developers and apartment buyers have a narrowing window of opportunity before Brisbane's Olympic infrastructure pipeline begins competing directly with residential construction, pushing up costs, tightening labour supply and making new projects increasingly difficult to deliver.

While Brisbane's apartment market continues to benefit from strong population growth and limited housing supply, industry research suggests the years leading up to 2027 could prove to be the most important period for developers looking to secure builders and buyers hoping to purchase before the next wave of price increases.

A new Colliers report, Brisbane 2032 Olympic and Paralympic Games: Creating Solutions, highlights the scale of the challenge. While thousands of new homes are planned across South East Queensland, the Brisbane Olympic Athletes Village alone will deliver more than 10,500 beds during the Games before being converted into around 1,750 to 2,000 apartments. Equivalent to almost two years of typical inner-city apartment supply, the project will also absorb a significant share of the construction workforce and building materials.

The broader construction pipeline paints an even clearer picture.

Construction Skills Queensland's Horizon 2032 report forecasts Queensland's annual construction pipeline will average $69 billion over the coming years before peaking at $75 billion in 2027-28. Demand for construction workers is expected to increase by 17 per cent to almost 150,000 people, with the industry facing an annual shortfall of around 19,000 workers that could blow out to as many as 35,000 during the peak construction period.

The Olympic venues, athletes village and supporting infrastructure will account for billions of dollars worth of work across South East Queensland through to 2032, creating intense competition for labour at a time when Australia's residential construction sector is already under pressure.

[smartcode_project:default project_id=150489 project_image_fid=373834]

Colliers Queensland Residential Director Andrew Scriven said the convergence of these projects is creating a clear window of opportunity for both developers and buyers.

"From 2027 onwards, the market will shift dramatically," Scriven said.

"Labour will increasingly be locked into government-led infrastructure and Olympic projects, which means private residential developments will face higher costs and tighter margins. The developers who move now are the ones most likely to get projects off the ground."

Scriven said the same dynamic would also affect buyers, with fewer apartment projects expected to launch once construction capacity tightens.

"If you're looking to change your lifestyle over the next five years, now is your window of opportunity to buy."

[smartcode_project:default project_id=150713 project_image_fid=373827]

Developers are already positioning themselves ahead of that window.

Following the success of Monarch at Toowong, Consolidated Properties is preparing to launch two new Brisbane apartment projects in the second half of 2026. They include <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> at Yeerongpilly Green, a 25-storey tower within one of Brisbane's key Olympic precincts, and <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a recently approved 25-storey riverfront development at 47 Skyring Terrace in Newstead.

Hutchinson Builders will deliver both projects, with early works already underway at Yeerongpilly and Newstead expected to commence later this year.

The timing comes as Brisbane's fundamentals continue to strengthen, with strong interstate migration, population growth and vacancy rates remaining below 1.5 per cent.

Colliers Queensland researcher Pragya Sharma said Greater Brisbane is forecast to require around 40,000 new apartments between 2021 and 2031.

"There's a real mismatch emerging between when housing is needed and when it will be feasible to build," Sharma said.

"As a result, the period leading up to 2027 presents a key window of opportunity for developers to secure approvals, funding and construction capacity, while buyers will have greater choice before supply constraints intensify."

Colliers research outlines a critical pre-2027 window to start residential projects before labour squeeze: now is the time to buy

Developers, buyers on watch in South East Queensland ahead of construction crunch: Colliers

It's taken less than nine months for developer Sherpa Property Group to sell out all 51 apartments in its <a href="https://www.apartments.com.au/new-apartments/flourish-oasis-palm-beach-7-9-sixth-avenue-palm-beach-qld-4221">Flourish Oasis</a> development in <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a>, over a year before its anticipated completion.

&nbsp;

Located at 7-9 Sixth Avenue, the $67 million development has resonated strongly with both local owner-occupiers and downsizers seeking high-quality apartments within walking distance of the beach, dining precincts and everyday amenities.

[smartcode_project:default project_id=151449 project_image_fid=357458]

Christie Leet, Founder of <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a>, said the sell-out reflected both the strength of the Palm Beach market and the success of Sherpa's community-first approach to development.

"The sell-out of Oasis is a fantastic outcome and reinforces the strong demand we're seeing for thoughtfully designed apartments in lifestyle locations," Leet said.

"From the outset, our vision was to create a development that genuinely enhanced the Palm Beach community while providing residents with exceptional homes and wellness-focused amenities.

"We've been incredibly encouraged by the level of local support throughout the campaign, 72.5 per cent of buyers are locals, with a significant proportion of purchasers choosing Oasis as their future home rather than an investment."

[smartcode_project:default project_id=151449 project_image_fid=357463]

Construction is now progressing following development approval, with trusted builder LPS Group delivering the project and completion anticipated in Q3 2027.

Oasis forms part of Sherpa Group's successful Flourish collection, which has become recognised for its focus on wellness, community and elevated coastal living.

[smartcode_project:default project_id=151449 project_image_fid=357469]

Residents will have private access to a rooftop amenity space featuring a pool, gym, sauna, steam room, hot and cold plunge pools, spa and barbecue facilities.

"The success of Oasis demonstrates that buyers continue to prioritise quality, location and lifestyle," Leet said.

"We are proud to have delivered a project that has resonated so strongly with the market and look forward to bringing Oasis to life for our future residents."

Sherpa recently launched <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a>, its third instalment of the Flourish brand in Palm Beach following Flourish Oasis and <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>.

[smartcode_project_cta:default project_id=151449]

Sherpa sells out Flourish Oasis in booming Palm Beach

Urban Property Group's <a href="https://www.apartments.com.au/new-apartments/la-vera-macquarie-park-94-talavera-road-macquarie-park-nsw-2113">La Vera</a> is leading the next phase of Macquarie Park's residential evolution, with the new apartment development set to become the first of several new apartment projects in the precinct to complete.

The 169-apartment building has now topped out ahead of its scheduled completion in the third quarter of 2026, as new residential investment continues to reshape one of Sydney's largest employment hubs into a true mixed-use precinct.

[smartcode_project:default project_id=134951 project_image_fid=368645]

Cox Architecture has designed La Vera to capture the best of its unique positioning on Talavera Road, orienting the building towards Lane Cove National Park.&nbsp;The building features a sculpted northern façade with flowing curves inspired by the surrounding landscape, while its city-facing elevation adopts a more structured architectural expression to maximise skyline views.

"The vision for the project was to conceive a building that adopted an organic and curvilinear form to the northern portion that faces the Lane Cove National Park," <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a> Director Felipe Miranda said.

"The residents that reside in the northern portion of the building benefit by having beautifully crafted curved balconies that speak to the natural context and heighten the relationship of their internal living spaces to the external balconies."

[smartcode_project:default project_id=134951 project_image_fid=358802]

La Vera offers a diverse mix of one, two, three, and four-bedroom configurations, with prices currently starting from $740,000. Buyers so far have been a mix of Sydney-based investors,&nbsp;metro commuters, owner-occupiers and downsizers from surrounding North Shore suburbs.

Both investors and owner-occupiers have been drawn to La Vera's proximity to Macquarie University, Macquarie University Hospital, Macquarie Centre and the Sydney Metro, infrastructure that supports both strong rental demand and a convenient lifestyle for residents.

The apartments feature full-height glazing, timber flooring throughout living areas, stone kitchen benchtops, SMEG appliances, floor-to-ceiling bathroom tiling and ducted air conditioning.

Residents will have access to a rooftop recreation level featuring a swimming pool, sauna, barbecue facilities and landscaped relaxation areas, complemented by additional communal space at ground level. Many apartments enjoy uninterrupted views across Lane Cove National Park, reinforcing the project's connection to its natural setting.

[smartcode_project:default project_id=134951 project_image_fid=364551]

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a>, a family-owned developer and builder with nearly four decades of experience, holds a 4.5-star iCIRT rating and was Australia's first developer to introduce 10-Year Latent Defects Insurance (LDI). La Vera is the first apartment development in <a href="https://www.apartments.com.au/developments/macquarie-park-nsw-2113">Macquarie Park</a> approved to offer the additional insurance protection, alongside a five-year warranty on SMEG appliances.

Urban Property Group CEO Patrick Elias said the additional protection reflects changing buyer expectations in the off the plan market.

"Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. Having LDI is a tool to portray the confidence that we have in our product, and a confidence we want buyers to share," Elias said.

Following completion of the building later this year, buyers will move into their apartments well before Christmas.

[smartcode_project_cta:default project_id=134951]

La Vera closes in on completion as Macquarie Park continues residential transformation

Barangaroo

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PwC has unveiled its new offices in Barangaroo Tower One.
Designed by leading architectural firm, Futurespace, PwC will have four entire floors dedicated to working with clients, known as the Client Collaboration Floors.
Angela Ferguson, Futurespace managing director said these new client spaces put PwC so far ahead of the curve when it comes to how business will be done in the future.
“The role of physical space in facilitating both virtual and face-to-face connection cannot be underestimated, particularly when it comes to client relationships," she said.
“Because of this we will begin to see more emphasis placed on client spaces within the office environment, and the role they play in co-creation, creating new staff and client connections and cementing important business and community relationships.
“The underlying goal of this project was to create interactive spaces where PwC clients and people could come together to solve important problems, innovate and create new ideas.
“The architecture blends intuitively with technology to create an unparalleled client experience not seen anywhere else in the world.
<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/2017/07/04/image003.jpg" alt="">
"The four levels include an impressive selection of diverse open and closed meeting spaces, co-creation and workshop areas, conferencing, dining and food and beverage options as well as areas for quiet work or relaxation – all integrated seamlessly with advanced technology.
“It was all about making sure that we created something that supports the variety and diversity of our clients.
Debra Eckersley, PwC’s New Ways of Working Partner said they did this by looking outside the industry to create a new benchmark in client experience.
“Our aim was to put our clients at the heart of everything we do,” she said.
This new approach disrupts the traditional boardroom mentality of client interactions, bringing about a more open and collaborative working experience.
The design stylishly combines the elements of a high-end hospitality service model, hotel aesthetics and amenities, interactive retail environments, immersive and signature technology, and tech-sector co-creation models in a way that has never been seen before.
The four Client Collaboration levels are interconnected by a central staircase that fixes the spaces both vertically and horizontally, incorporating viewing platforms so you become immersed in each space as you traverse the levels.
“The four-storey staircase is the centrepiece of our commitment to a new openness, and a real willingness to seed spontaneous encounters.
“Plenty of serendipitous moments have already happened on the stairs, much as they do in any thriving community,” explains Ms Eckersley.
"PwC’s new spaces are anchored in advanced technology designed to enhance the client experience.
"For instance, running vertically through all four floors is an interactive ‘waterfall’ – a moving graphic touch screen with a cascading stream of digital insights enabling clients to find out more information about PwC experts, strategies and projects.
"Clients are also assisted by ‘Media Fountains’ on each level, interactive digital directories providing information on rooms and facilities within PwC, opportunities to participate in polls as well as amenities in the surrounding Barangaroo area.
“The level of technology embedded into these client spaces is unsurpassed.
<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/2017/07/04/image005-3.jpg" alt="">
“From impressive interactive screens, to clever tech enabled furniture designed specifically for this project, the idea was to use technology has an enhancement to the overall experience of doing business with PwC.
“What PwC has achieved with the new approach to client spaces will pave the way for how businesses think about their client relationship dynamic.
“Since technology now allows us to work from anywhere, the importance of physical spaces and their role in fostering relationships and collaboration has only increased.
“It will be the organisations, like PwC, that understand and can leverage this that will succeed into the future."
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j.ballantyne1990-6AQqhLzZaK

Futurespace designs PwC’s new Barangaroo office space

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Law firm Baker McKenzie is moving into Lendlease's Barangaroo Tower One from its home at AMP Capital's 50 Bridge overlooking Circular Quay.
The leading firm has been operating there since 1978, and their move indicates businesses willing to move out from traditional areas of the city.
Property Observer had previously reported that the “Barangaroo effect” had firmly taken hold as corporate users are seeing this now as a firmly established precinct.
Baker McKenzie will occupy 7,500 square metres in the new Lendlease tower, taking levels 44, 45 and 46 for a term of 10 years, according to The Australian Financial Review.
The law firm agreed to surrender its lease in 50 Bridge, allowing the landlord AMP Capital to start its redevelopment of the precinct called Quay Quarter.
"As the leading global law firm in Australia, we are excited about our move to Barangaroo, which is already renowned for its world-class design and as a vibrant business precinct,” Baker McKenzie's national managing partner Anthony Foley was cited as saying by the AFR.
The design of the new office space is still being finalised, but it will be a mix of fully enclosed offices, semi-open offices and workstations.
Baker McKenzie was advised by Independent Corporate Property Oceania's Peter Messenger while JLL's head of leasing Tim O'Connor represented the landlord.
Barangaroo South, where Baker McKenzie's offices will be located, is the economic hub of the precinct and comprises three commercial towers known as the International Towers Sydney, where the firm will reside in the tallest office tower. Rents were not disclosed in the deal but recent gross leases in the tower have come in at about $1400 square metre before incentives. Baker McKenzie would have been given certain incentives for both the new lease and the surrendered AMP lease.
Lendlease's managing director, Barangaroo South, Rob Deck, said the deal cemented Barangaroo's position as one of the key destinations in the Sydney office leasing market
"We are delighted that Baker McKenzie have committed to space in Tower One, joining a range of leading businesses who already call Barangaroo home," Deck said.
AMP Capital managing director for office &amp; industrial Luke Briscoe acknowledged the long-term tenancy of Baker McKenzie while confirming that construction on the Quay Quarter Tower (QQT) would begin next year.
"Following the great success of our residential sales campaign for Loftus Lane apartments and securing AMP as anchor tenant for QQT, we are pleased to confirm the construction of the office tower and residential apartments will begin in early 2018."
AMP Capital plans for 50 Bridge Street includes the new 49-floor premium commercial office Quay Quarter Tower.
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jonathanchancellor-7SQnKwU6yx

Law firm Baker McKenzie makes the shift from Circular Quay to Barangaroo

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The NSW Government plans for the next section of Barangaroo’s public domain have been revealed, with forthcoming features set to include a new Sydney Harbour cove, a one-hectare public park, an expanded waterfront walkway and a public pier. A proposal released by the Barangaroo Delivery Authority fulfills its commitment to delivering more than half of Barangaroo as open public space, and completes the design of the two hectares dedicated to Barangaroo South.
<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/2017/04/26/Barangaroo4.jpg" alt="" width="368" height="230">
Chief executive officer of the Barangaroo Delivery Authority, Craig van der Laan, remarked that the designs are an exciting proposal for the creation of more beautiful public spaces at Barangaroo, which will be of enormous benefit to the people of Sydney.
“The new harbour cove and public park represent the next step in the extraordinary transformation of Barangaroo from a 22-hectare concrete container terminal into a world class, vibrant waterfront precinct,” he said in a statement. 
Lendlease will construct the public space, which is due to open in 2021. Landscape architects Grant Associates, who designed Gardens by the Bay in Singapore, have created the park and garden design.
The design includes Waterman’s Cove, a fully-accessible amphitheatre-style boardwalk on the water. It also includes the extension to Wulugul Walk around the Crown Sydney Hotel Resort. 
<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/2017/04/26/Barangaroo3.jpg" alt="" width="372" height="238">
 The one-hectare Hickson Park will provide a green link from the CBD into the heart of Barangaroo’s retail and dining precinct.
Architect and design adviser, Bob Nation AM, who has overseen the design development, added that the plans provide extensive public benefit and a completely different park experience to Barangaroo Reserve and the waterfront parkland proposed for Central Barangaroo.
“The Reserve catches a lot of direct sun, as will the western-facing parklands in Central Barangaroo. Hickson Park will get the northern sun in winter, but will be more sheltered from the wind and the hot western sun in summer,” he said.
<a href="https://www.propertyobserver.com.au/images/2017/04/26/Barangaroo5.jpg" target="_blank">Click to enlarge</a>
<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/2017/04/26/Barangaroo5.jpg" alt="" width="370" height="262">
According to Lendlease's managing director of Barangaroo South, Rob Deck, the business is delighted to be working with the Authority on the next important stage of Barangaroo.
“Grant Associates will bring their extensive international expertise to create a truly exceptional public space,” he said.
A Development Application will be lodged with the Department of Planning and Environment, and be available on public exhibition as part of the planning process.
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NSW Government reveal plans for new harbour cove and public park at Barangaroo

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An office space in Sydney CBD’s Barangaroo has been leased for $527 per week, which includes all bills and outgoings.
The <a href="https://www.realcommercial.com.au/property-offices-nsw-sydney-502116802" target="_blank">2/100 Barangaroo Avenue</a> office is located inside Tower One, a brand new development in the beautiful waterfront precinct in the CBD. This energy efficient office space is close to residential apartments, hotels, shops and cafes.
The building has modern fit outs and 24/7 access. 
According to the property description, the floor area is 18 sqm and is suited for a small team of up to three people.
The leasing agent was Grant Philipp of Office Hub.
<img src="/images/2016/10/07/barangaroo1.jpg" alt="">
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Barangaroo office space lease inked

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Lendlease has moved into its new global headquarters in Barangaroo South’s International Towers Sydney.
Around 2,000 employees occupy levels 8 to 19 of Tower Three’s 39 floors, with Lendlease chief executive officer and managing director, Steve McCann said the company’s iconic new headquarters was a significant milestone.
<img src="/images/2016/07/26/thumbnail_160721_Barangaroo%20LL%20Fitout_020_Low.jpg" alt="" width="443" height="296">
“Our new home brings innovative thinking to the challenge of the 21st century workplace. It combines the best of both traditional workplace strategies and new ways of working - connecting people, knowledge and teams to deliver more seamless communication and better results,” he said.
<img src="/images/2016/07/26/_27barangaroo.jpg" alt="" width="631" height="947">
“Our people now have access to a wide range of spaces - whether inside the workplace or enjoying the new Barangaroo precinct at one of the many cafés or special spaces.
<img src="/images/2016/07/26/700_LEase_MD.jpg" alt="">
CEO and managing director, Steve McCann above
Levels 13 and 14 feature a six-metre high wall with over 5,000 plants with employees provided with nutrition options, standing desks and green spaces.
<img src="/images/2016/07/26/thumbnail_160721_Barangaroo%20LL%20Fitout_001_Low.jpg" alt="" width="548" height="366">
Tower Three received a 6 Star Green Star Office Design v3 rating from the Green Building Council of Australia.
 <img src="/images/2016/07/26/thumbnail_160721_Barangaroo%20LL%20Fitout_022_Low.jpg" alt="" width="318" height="476">
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Lendlease showcases new international headquarters at Barangaroo

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James Packer's Crown Resorts has secured approval for his $2 billion Sydney casino at Barangaroo.
Mr Packer, who owns 53 per cent of Crown, once described the development of the Sydney casino as his biggest priority.
"This is an extremely important day for Crown," said Mr Packer.
"It has taken us four years of constant effort to get to this point and now we can begin building our vision, to give Sydney one of the world's great luxury hotels. We will now work tirelessly to ensure Crown Sydney meets the very high expectations of the government and the people of this city."
Crown had originally targeted a late 2019 completion for the casino with luxury apartments but it is now early 2021 as the likely opening date.
Crown chairman Rob Rankin said excavation work would start shortly.
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James Packer's Barangaroo casino greenlight

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Australia’s first commercial office tower made of timber is set for the Barangaroo development.
International House Sydney will be located at the gateway to Barangaroo on Sydney's Sussex Street.
It will be built by Lendlease.
It will be Lendleases’s third building constructed using these materials following Forte timber apartments in Melbourne and The Dock, a public library in Docklands.
The office tower over 7910 square metres has been designed by Tzannes Associates.
“The architecture of International House Sydney reflects a new form of beauty. Beyond shape and surface, it is ‘deep design’ renewing architecture’s role to serve the greater social purpose of lowering carbon emissions,” Alec Tzannes told The Urban Developer website.
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Lendlease propose six storey Barangaroo timber office block

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Sydney’s waterfront Barangaroo complex penthouse has been listed by high-profile Swiss hedge fund manager Ben Melkman.
<a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/apartment/nsw/sydney-cbd/sydney/265917?preview=c3a8103a-3502-4d7d-a021-447899b9ebf9" target="_blank">It is the luxury two-level penthouse</a> he purchased at the Andara complex two years ago.
The Geneva-based Melkman, a senior trader and partner at Brevan Howard Investment Products, is selling the penthouse he purchased for $10.5 million because he is spending so little time in Sydney, McGrath marketing agent Hamish Robertson says.
In a rare test of appetite for ultra-luxury apartments, the two-level contemporary-style penthouse at 15 Barangaroo Avenue, which has never been occupied, is expected to fetch well above what Melkman paid, Robertson says. The four-bedroom, four-bathroom penthouse sports 270sq m of internal space plus a 290sq m terrace. It has a three-car lockup garage and occupies levels nine and 10 of the Andara complex in Barangaroo South, overlooking Darling Harbour. Interiors are by Burley Katon Halliday.
Robertson expects a mix of buyers to show interest in the penthouse, which was developed by Lend Lease, and has no common walls. The Anadara complex has 82 apartments including the two-level penthouse known as The Cloud.
When the smaller apartments were first put to the market several years ago 60sq m units were priced at about $1m, 100sq m two-bedroom flats were about $2m and the three-bedders starting at 130sq m were priced at about $3m.
The penthouse’s Calacatta-marble kitchen features Miele and Liebherr appliances from Germany and Switzerland respectively.
Almost 50 owners at Barangaroo have so far pocketed about $1m each in pre-tax profits by reselling apartments at the popular waterfront development.
The selling agents say infrastructure including parklands, restaurants and cafes have significantly increased around Barangaroo during the past two years.
Lend Lease is due to develop at least another 800 apartments in the Barangaroo precinct.
Robertson is marketing the penthouse in conjunction with LJ Hooker Double Bay licensee Bill Malouf via an expressions of interest campaign closing May 25.
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Barangaroo penthouse listed by hedge fund manager

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The prime Barangaroo harburside location of the current dining sensation, Noma Australia pop-up has already been leased to award-winning restaurateur, Brent Savage, the Sydney Morning Herald Good Food Guide 2015 Chef of the Year, and the sommelier and restaurateur Nick Hildebrandt.
They have signed a lease for the space for a yet-to-be-named seafood restaurant that will open in September at the base of the white, cloud-shaped Anadara building in the Lend Lease built precinct.
The building was designed by FJMT’s Richard Francis-Jones.
‘‘We’ve long toyed with the idea of a seafood-focused restaurant,’’ Savage told The Australian Financial Review.
Barangaroo is credited as set to have the biggest collection of food and beverage retailers in Australia, according Lendlease.
There will be a three storey restaurant headed by celebrity chef Matt Moran whispered to have the working title, Mash.
Gary Horwitz, the head of retail development and asset management for Lendlease, said Sydney-siders are very familiar with their restaurants, Bentley, Monopole and Yellow.
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Brent Savage and Nick Hildebrandt to take on Noma, Barangaroo space

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Noma Australia is officially open.... and booked out.
The restaurant design has been unveiled by the developer Lendlease with key elements of the interior including a floor of red earth, two native Australian Xanthorrhoea trees and woven pieces by indigenous artisans.
With a kitchen fitted out to the highest specification,ï¿½Lendlease has partnered with Tourism Australia to bring Noma Australia to Barangaroo Sydney.ï¿½The cost of the menu was $485 per diner. <img src="/images/2016/01/27/IMG_5183.jpg" alt="" width="1469" height="1392"> 
The restaurant is located in Barangarooï¿½s Anadara building, with floor to ceiling curved glass windows and views of the harbourfront.ï¿½
Noma Australia spans over 500 square metres at ground level with dining room, outdoor lounge area and an extensive kitchen and prep area.
The kitchen remains entirely open to the entry and dining areas, allowing guests to move past the Noma chefs as they work.
Head of Retail Development and Asset Management for Lendlease, Gary Horwitz said that Lendlease prides itself on working with the best local and global retailers, and opening Noma at Barangaroo was just the beginning for Australiaï¿½s most exciting new food and beverage precinct.
ï¿½The restaurant that Lendlease has delivered for Noma Australia is breathtaking, acknowledging the designers, Foolscap Studios.ï¿½
Head chef Renï¿½ï¿½Redzepi said that being at Barangaroo has reminded him of Noma in Copenhagen, in terms of being on the harbour and the proximity to the water.ï¿½
Upon completion Barangaroo will be homeï¿½to up to 90 retailers ï¿½ mostly food and beverage ï¿½ from the smallest laneway bars and canteens, to grand spaces on the harbour including Matt Moranï¿½s three level restaurant and bar.
It was last July whenï¿½Rene Redzepiï¿½s pop-up NOMAï¿½eatery on the Barangaroo waterfront was revealed.
Briefly closing his Danish restaurant, the antipodean NOMA at Barangaroo will last for just 10 weeks.ï¿½Noma is the four-time winner of the The World's 50 Best Restaurants. 
<img src="/images/2016/01/27/CZm8j2-WcAAyRXS.jpg-small.jpeg" alt="">
ï¿½
Noma's current menu below:
ï¿½
ï¿½ Unripe macadamia and spanner crab
ï¿½ Wild seasonal berries flavoured with gubinge
ï¿½ Porridge of golden and desert oak wattleseed with saltbush
ï¿½ Seafood platter and crocodile fat
ï¿½ W.A deep sea snow crab and cured egg yolk
ï¿½ A pie with dried scallops and lantana flowers
ï¿½ BBQï¿½d milk ï¿½dumplingï¿½
ï¿½ Marron and magpie goose
ï¿½ Sea urchin &amp; tomato dried with pepper berries
ï¿½ Abalone schnitzel and bush condiments
ï¿½ Marinated fresh fruit
ï¿½ Rum lamington
ï¿½ Peanut milk and freekeh ï¿½Baytimeï¿½
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