Sydney developer Deicorp is set to officially open its <a href="https://www.apartments.com.au/new-apartments/hills-showground-village-castle-hill-2-mandala-parade-castle-hill-nsw-2154">Showground Village</a> precinct in Castle Hill.

NSW Premier Chris Minns will attend the opening on Sunday August 31, alongside&nbsp;Minister for Planning and Public Spaces Paul Scully, The Hills Shire Council Mayor Dr Michelle Byrne, Landcom CEO Alex Wendler, and Deicorp Founder Fouad Deiri.

Located just moments from Hills Showground Metro Station, the centre spans 9,500 sqm across four levels and features 26 specialty retailers as well as a 1,400 sqm public plaza, creating a new community meeting point for shopping, dining, fitness, and everyday convenience.&nbsp;

Showground Village forms part of the Hills Showground Station Precinct, an urban renewal initiative led by Landcom and Sydney Metro that will provide for around 2,300 new jobs over the next 20 years and around 9,000 new homes.&nbsp;

Deicorp was recently approved for another new development next door to Showground Village.

The new five residential buildings in the East Showgrounds Precinct, will see another 873 dwellings delivered, as well as&nbsp;3,500 sqm of open public space in the form of landscaped courtyards, a public park and communal outdoor recreational space including a playground, barbeque area, and outdoor seating.

“This approval will allow us to start construction on a range of beautifully designed, conveniently located apartments and create another vibrant, walkable and well-connected community,” said&nbsp;<a href="https://www.apartments.com.au/developers/deicorp" target="">Deicorp</a>&nbsp;Founder Fouad Deiri.

“These new homes will provide their residents with a seamless connection to jobs and services along Metro North West, and the new&nbsp;<a href="https://www.apartments.com.au/new-apartments/hills-showground-village-castle-hill-2-mandala-parade-castle-hill" target="">Hills Showground Village</a>&nbsp;retail precinct currently under construction."

Deicorp has several thousand apartments in planning and under construction across Sydney, from Zetland and Five Dock to Crows Nest and Macquarie Park.

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Joel Robinson

Deicorp, NSW Premier officially open Showground Village, new retail and hospitality hub in Castle Hill

ASX-listed developer Cedar Woods is progressing its plans for its Southbank arts precinct site.&nbsp;

The developer has filed plans, which are now with the&nbsp;Department of Transport and Planning, for a new 20-level tower at&nbsp;<a href="https://www.apartments.com.au/new-apartments/141-151-sturt-street-southbank-vic-3006">141–151 Sturt Street</a>, a 2,718 sqm block opposite the Habitat Filter sculpture.

The proposal seeks to demolish the two-level&nbsp;commercial building, including a small supermarket and medical tenancies, and create a new building with 180 apartments and a focus on an&nbsp;active public realm and arts integration.

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<img alt="Southbank site" data-entity-type="file" data-entity-uuid="76a72db6-91ef-43ae-827d-a9cfa72893d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Site.png?VersionId=DZgtB4K6BswVh0QtCs3iLjXaLp0CbcEb" />

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There will be a full mix of apartment configurations, including 28 studio apartments, 16 one-bedroom, 104 two-bedroom, and 32 three-bedroom units.

Retail, creative arts, and residential amenity functions are integrated across the lower levels. A food and drink tenancy is planned to front Dodds Street, while a retail tenancy fronting Sturt Street will be accessed via an elevated walkway. The first floor includes a substantial 734 sqm creative arts space, envisioned to support Melbourne’s growing cultural and digital industries.

Architecture firm <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has put together the plans. In their&nbsp;Urban Design Report they highlighted the project’s ambition to embed itself within Southbank’s evolving cultural fabric.

A central feature of the design is a through-block link connecting Sturt and Dodds Streets, landscaped with native plantings and embedded with universal access ramps.

“The ramp has been thoughtfully integrated as the primary access point, ensuring universal accessibility for all users,” the report noted, with the link offering “a direct response to the urban planning scheme of creating more green spaces within our communities”.

<img alt="Southbank podium" data-entity-type="file" data-entity-uuid="4d24b1b2-d69c-4a11-a11d-ec6df432221c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium.png?VersionId=geWoJyZDmPSLODZ_.PNJ0LvpOmyyCdpo" />

The building’s podium form responds to the mandatory height limits along Dodds Street and maintains a fine-grain interface to adjoining developments. Above the podium, the tower is articulated with recessed balconies and a focus on views toward the CBD and surrounding arts institutions. A communal rooftop recreation deck and indoor lounge are positioned on level four, adjoining seven apartments and providing over 900 sqm of resident amenity space.

Vehicle access and loading will be provided via Dodds Street, with 155 resident car spaces located across two basement levels and the first three above-ground floors. Bicycle storage is more generous, with 226 spaces distributed across resident, staff and visitor needs.

Rothelowman describes the architecture as “humanist,” with ground-level interfaces designed to encourage social interaction and provide a dignified entry for both residents and passers-by. “All street interfaces are crafted to invite and nurture human connections,” the design report states. “The façade transitions to a human scale, providing an approachable and engaging streetscape”.

Cedar Woods, while well-known for its large communities it develops outside of Australia's capital cities, they have recently developed in Melbourne's inner-ring before. They are approaching completion at <a href="https://www.apartments.com.au/new-townhouses/88-leveson-north-melbourne-88-leveson-street-north-melbourne-vic-3051">88 Leveson</a>, just 15 townhouses in the heart of North Melbourne.

Cedar Woods progresses with new apartment plans in Southbank arts precinct

Brisbane developers Core Property Partners and Vector Property Australia has teamed up for Brisbane's newest apartment development.

The duo identified <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as their preferred suburb, on the fringe of the Gabba Precinct, where they've just revealed BANKSII, 72 apartments opposite Raymond Park.

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The one-, two-, and three-bedroom apartments will sit in a glass-wrapped building that will also feature a rooftop with an&nbsp;infinity-edge pool, a BBQ area and alfresco dining spaces, sun lounges, and a sauna, as well as a resident-only gym and a ground-floor cafe.

Rhett Williams, Director of Vector Property Australia, said the project will lift the quality of the East Brisbane community and set a new benchmark.

"In Brisbane’s current property landscape, <a href="https://www.apartments.com.au/new-apartments/banksii-east-brisbane-169-wellington-road-east-brisbane-qld-4169">BANKSII</a> stands out through its emphasis on lifestyle-oriented living, connectivity and sophisticated design," Williams says.

[smartcode_project:default project_id=136432 project_image_fid=5479]

The 10-level building has been designed by MAS Architecture. Their designs were inspired by the native Banksia flower, with the architecture and interiors reflecting the organic symmetry of its namesake flora. MAS has interpreted this throughout the building’s curved form, façade detailing and interior palette.&nbsp;

The building’s flowing geometry and natural tones are complemented by large balconies and floor-to-ceiling glazing, maximising cross-breezes, daylight and views over the city, parklands and river.

“Having a strong narrative for a building helps us architecturally,” MAS noted. "We can choose colours that come off that species of flowers. The trunk and the trees and the flower elements all are now visible in our joinery on the inside and in our architectural finishes on the outside."

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Apartments will feature timber floors, soft porcelain tiles, brushed bronze fittings, and stone benchtops with warm veining.&nbsp;

Kitchens feature premium SMEG appliances and generous storage, while bathrooms have been designed as calming retreats with curved cabinetry and twin sinks in the master ensuites.

The building will feature a suite of rooftop and wellness amenities. Residents will have access to an infinity-edge pool, BBQ and alfresco dining areas, sun lounges and a rooftop sauna.&nbsp;

A residents-only gym will be located on the podium level, while a ground-floor café and landscaped laneway will further activate the site and improve neighbourhood connectivity.

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BANKSII will rise from a prime Wellington Road site, with the building oriented to overlook the adjacent Raymond Park and take in extensive city views. It is also on the doorstep of key&nbsp;lifestyle infrastructure, including the future Kangaroo Point Green Bridge, The Gabba stadium, and the planned Brisbane Live arena.&nbsp;

Public transport options, including ferry, bus and rail - including the future Cross River Rail Woolloongabba station - are all nearby, supporting a car-optional lifestyle just minutes from the CBD.

Williams said the team spent over a year searching for the ideal site before securing this location.

"We were attracted to <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as it is a vibrant and growing community that offers a perfect balance of urban convenience and natural beauty with the parklands and river on our doorstep.”

The project is part of the broader Woolloongabba Games precinct, which is undergoing significant investment in the lead-up to the 2032 Brisbane Olympics. This urban renewal, coupled with infrastructure upgrades, is expected to enhance long-term liveability and capital growth in the area.

Given the wide max of configurations, BANKSII is expected to suit everyone from first home buyers and investors to families and downsizers.

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BANKSII sales launch in booming East Brisbane apartment market

The Minns Labor Government will deliver Sydney’s first new heavy rail station in more than a decade – enabling up to 10,000 new homes by rezoning land around Woollahra and Edgecliff stations, right next to the CBD, to tackle the housing crisis and rebalance growth across the city.

Recent reports by the NSW Productivity Commission have warned that Sydney is losing twice as many young people as it is gaining, while also finding that Woollahra is the most feasible Local Government Area (LGA) in New South Wales to build new housing.

Despite this, housing approvals in Woollahra consistently lag well behind other LGAs, and the population has declined by 11 per cent over the past 50 years while Greater Sydney as a whole has grown by 74 per cent.

The new station that will be an eight-minute trip from Sydney CBD, will be located on the Eastern Suburbs train line in Woollahra, where a station build was started in the 1970s but never completed.

To enable the delivery of new homes the NSW Government will lead a rezoning of Woollahra and Edgecliff stations similar to other state led rezonings to allow additional homes to be built around the stations.

Affordable housing will also make up a proportion of development on the site with the final amount of affordable housing required, to be determined as part of the rezoning process.

The area surrounding the new station is within walking distance of major green and recreational space including Cooper, Trumper, Rushcutters Bay and Centennial Parks.

The Eastern Suburbs train line between Bondi Junction and Sydney CBD also has the lowest passenger usage rates during the AM peak of any line on the Sydney network, with only 43 per cent of operating capacity during the AM peak currently being utilised by passengers.

Sydney Water and Infrastructure NSW have confirmed there is capacity in the water and wastewater systems to accommodate the proposed 10,000 dwellings without major upgrades.

The rezoning is expected to take around two years and will further support the Government’s housing targets that rebalance the delivery of new homes around existing infrastructure.

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Next stop Woollahra train station - delivering up to 10,000 new homes in the heart of Sydney

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Fresh off completing its mixed-use Malvern project Malvern Collective, Kokoda Property Group has acquired a prime site on Richmond's Bridge Road.

They are planning a mid-rise residential development with&nbsp;integrated wellness amenities and a vibrant ground-floor retail and dining offering.

The site, at&nbsp;487–495 Bridge Road, spans&nbsp;1,650 sqm with 50 metres of dual frontage across Bridge Road and Palmer Street. It is currently leased to Adairs, and has a large retail building and 20 onsite car parks.
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Kokoda Property Group’s acquisition forms part of a broader phase of growth in Melbourne, building on momentum from the completion of Malvern Collective and the recent purchase of a Burnley Street site for the developer’s first commercial project.&nbsp;

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating.

“Melbourne is regaining momentum,"&nbsp;Stevens said.

"After a cautious period post-COVID, we’re seeing buyer sentiment stabilise and capital leaning back into well-located, quality projects. Victoria now benefits from deep builder capacity and competitive delivery pricing, creating a rare opportunity to bring design-led inner-city developments to market without compromising on craftsmanship.

“Richmond ticks all the boxes for us – connectivity, culture and everyday amenity – making Bridge Road the perfect address for an amenity-rich, multi-use development."

<img alt="Kokoda" data-entity-type="file" data-entity-uuid="9a8de51d-8092-480a-8b7e-e081816692c2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-29%20at%208.54.27%E2%80%AFAM.png?VersionId=VRHpV5.6beOu2cieKHWrw3ErMPuVOAuj" />

Envisioned as an “urban lantern” the building will bring a distinctive new presence to Bridge Road with a sculptural retail frontage, designed to honour the street’s heritage character while contributing to its renewal.

Stevens said the acquisition reflects the developer’s commitment to design-led addresses in Melbourne’s inner city.

“Drawing on Richmond’s rich heritage and dynamic character, we’ve envisioned a contemporary building that respects the past while elevating the way people live today. With dual frontages, curated ground-floor spaces, and a focus on wellness, this project will contribute to the neighbourhood’s evolution, appealing to both downsizers and a new generation of professionals.”

Kokoda Property will now progress concept design ahead of a future planning process.
</section>

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating

First look: Kokoda secures Richmond site for new apartment development

Hotel Development

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Greaton has announced its appointment of a new construction contractor at The Ribbon hotel project in Sydney’s Darling Harbour.

Probuild, will take over construction on the 25-storey project from its previous contractors Grocon.

Greaton advised it ensured “continuity of the build” towards its Q2 2022 completion date.

[smartcode_project:default project_id=7758]

The building will include a five-star W Hotel, including 450 guestrooms and 143 suites, and will reintroduce an IMAX Theatre.

<img alt="" height="666" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/darling_harbour_ribbon_hotel_2.jpg" width="1200">

With $2 billion worth of development projects in the pipeline, Greaton’s portfolio includes property landmarks spanning hotel, residential and commercial developments. 

The company’s flagship project in Sydney’s Darling Harbour, The Ribbon, will incorporate a 25-storey hotel development and new premises for Sydney’s IMAX theatre. 

Greaton’s projects elsewhere in Sydney include Oxford Central in the new Epping Town Centre, with the 251-apartment development, designed by Marchese Partners.

It is expected to be completed and fully settled in Q1 2020. 

Probuild’s national pipeline of projects worth $5 billion and an annual turnover of more than $2 billion is currently delivering Greenland Australia’s Greenland Centre in Sydney.
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Greaton advised it ensured “continuity of the build” towards its Q2 2022 completion date.

jchancellor

Probuild take over construction of The Ribbon hotel project in Sydney’s Darling Harbour from Grocon

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Plans have been lodged to the City of Sydney council for a new hotel in the heart of the CBD.
The $57 million plans by Element Property Group will see the heritage-listed 1930s warehouse at 499 Kent Street remain, incorporating a new hotel set back from the front of the building.
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Element paid $52.5 million for the 810 sqm site, which was famously the film exchange for Universal Studios, in February.
In 2018 it was listed seeking over $55 million.
They've had the Sydney CBD firm PTW Architects draw up plans for the 220-room hotel which will retail on the ground level, a gym, a cafe, dining and lounge area and eight levels of basement parking.
PTW engaged UAP, an internationally renowned art and design firm specialising in collaborative place-making and the management of integrated art and design solutions for the public realm.
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They prepared a Public Art Strategy doc for the development.
"The vision for the proposed redevelopment of the site is to deliver a boutique hotel that will provide welcoming ground floor public realm encouraging interaction between the building and the street frontage of Druitt Lane and Kent Street," the Public Art Strategy document reads.
"The façade of the building is unique and is designed in an Inter-War Stripped Classical Style, characterised by decorative panels with film motifs. 
"Public art will be integrated into the very fabric of the development, becoming a feature that will draw guests and visitors into the building from the street as well as promote, and further educate viewers on the fascinating history of the site."
In the early 1930s a building was built for iron merchants Thomas McPherson &amp; Son, who had been operating a warehouse and store at 493-95 Kent Street since 1884.
A few years later all buildings on the subject site were demolished, including part of the 1933 bulk store.
A new building was constructed for the Universal Film Manufacturing Company, to plans by architect Percy William Ritchie, by builders Stuart Bros.
The basement became the new bulk store for Thomas McPherson while the three upper floors are occupied by Universal Pictures, the lessee. 
 
 
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jrobinson-rf4aSBido9

Plans lodged for new Sydney CBD hotel above former Universal Film warehouse

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A new 200-room hotel has been announced for the Melbourne suburb of Ringwood.
Marriott International announced the project, which will become part of company’s signature AC hotel chain.
“We are thrilled to be Sunstone Projects’ partner of choice for their first hotel development, under our distinctive AC Hotels by Marriott brand,” said Richard Crawford, Senior Director of Hotel Development, Australia, New Zealand and Pacific, Marriott International.
“The AC Hotels by Marriott brand is renowned globally for its refined approach to design and its European-inspired touches, and we know it will be an exciting addition to the East End development and Ringwood area.”   The complex will house 200 guest rooms (including five suites), casual all-day-dining, a bar, and an indoor heated pool and gym.
The venue will span a total of 354 square metres.
The hotel is projected to be completed, and opened, in 2024.
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New AC Hotel announced for Ringwood in 2024

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The Fullerton Hotel Sydney, located at No. 1 Martin Place within Sydney’s historic GPO building, officially opened earlier this month. 
The 416-room hotel was developed by the Fullerton Hotels and Resorts group, who also own The Fullerton Hotel Singapore, and The Fullerton Bay Hotel Singapore.
"We are excited to open The Fullerton Hotel Sydney in a landmark building that is steeped in character and history," said Cavaliere Giovanni Viterale, general manager of The Fullerton Hotels and Resorts.
"It is our aim to provide hotel guests and visitors with heartfelt hospitality and memorable experiences, all while showcasing the beauty and heritage of the former Sydney GPO building to a wider audience both nationally and globally," he said."
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In an attempt to rejuvenate the historic buildings façade, an expert team with combined stonemasonry experience of 334 years, undertook a 38,000-hour chemical-free cleaning process to restore the building's facade to its former glory. 
"We are committed to conserving the Sydney GPO building for the enjoyment of generations to come; and the heritage façade remediation programme is just the first step in a multi-phase revitalisation programme to be continued following the opening," concluded Cavaliere Giovanni Viterale. 
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As of November 1, the building's vibrant history, dating back to 1874, will be on show through complementary heritage tours.
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The Fullerton Hotel Sydney opens at No.1 Martin Place

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Australia’s first luxury pet-friendly hotel is set to be built in Melbourne.
1 Hotel Melbourne will form part of private-developer Riverlee’s $450 million mixed-use​ Northbank project and is expected to feature 280 room five-star rooms, 130 luxury residences, and an ​800-seat function hall. 
1 Hotels has operates four hotels in the United States, including New York City’s Brooklyn Bridge and Central Park, South Beach, Miami and newly opened 1 Hotel West Hollywood.
Pets will be allowed to stay free of charge.
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"Dogs are part of the family and we would never ask you to leave a family member behind," they advise.
1 Hotel Melbourne will offer plush in-room dog beds, treats available to purchase from the minibar, ​doggy-​day-care ​and​ dog-walking services, inbuilt doggy-doors and food bowls, and a dog-friendly concierge team with knowledge of dog parks, grooming salons and pet stores.
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“1 Hotels is renowned across the US for its commitment to sustainability and offering guests a truly memorable experience; one that fuses luxury with nature. Further to this, they also invite guests to bring their four-legged friends along with them, which we felt was a missing piece in Melbourne’s luxury hotel market and one that we are proud to pioneer” said Riverlee Development director David Lee.
The complex will be designed by Melbourne-based interdisciplinary design firm ODO, who will aim to utilise recycled materials in the construction, including the salvaged timber from the wharf restoration works, as well as native greenery and industrial steel.
The hotel is expected to open in 2022.
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Australia's first luxury pet hotel set for Melbourne

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Local developer Century Group Aus has secured Australia’s first hotel under the renowned luxury St. Regis Hotels &amp; Resorts brand to open at Flinders Bank in the CBD.
The 168 hotel rooms with interiors from world-leading hotel design studio Chada will overlook either the Yarra River of the city skyline.
There will be a number of speciality suites, supposedly fit for presidents, sheiks and other VVIPs (a very very important person!)
It is set for completion in 2022, with construction to begin next year.
St. Regis, owned by Marriott International, is one of the world’s most revered and prestigious hotel brands and is known for the legendary St. Regis butler service, which provides each guest with highly attentive personal service, and for its refined food and beverage experiences.
It was born out of New York City where St. Regis pioneered the Bloody Mary.
St. Regis operates luxury getaways in some of the world’s most enticing locations including Bora Bora, Bali, Mauritius and the Maldives.
The St. Regis Melbourne will offer the best in guest experiences, which can include anything from drinks upon arrival to unpacking services.
It will feature in Tower Two of the $800 million triple tower Flinders Bank project, which will transform the city’s former Convention Centre site into a luxury destination, comprising 650 apartments, 168 five-star hotel rooms and 2,100 sqm of retail.
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Designed by Fender Katsalidis Architects, it will also have a pedestrian precinct and plaza to Siddeley Street, to feature art elements, contributing to the city’s established cultural scene.
Richard Crawford, Mariott's senior director of hotel development in Australia, New Zealand and the Pacific, said luxury hotel demand in Melbourne was strong.
“This signing is an indication of the investment community’s confidence in the Australian market, where we are seeing a growing demand for premium lodgings,” he said. 
“The St. Regis Melbourne will be an outstanding addition to our strong and growing footprint in the region, where we are on track to boast the largest portfolio of upper upscale and luxury hotels and resorts, with two-thirds of the new supply pipeline.” 
The project’s first two towers have commenced selling, with strong interest among owner occupiers drawn to Flinders Bank’s never-to-be-built-out views that overlook the Yarra River and the view down to Port Phillip Bay.
Century Group Aus executive director Connie Wu said that the fact St. Regis had selected Melbourne as its first Australian location was testament to its status as the world’s most liveable city. 
“We are honoured that Flinders Bank will be the address for one of the most exceptional hotel and hospitality experiences in Australia, through The St. Regis Melbourne,” she said. 
“Flinders Bank will offer the pinnacle of luxury experiences for guests as well as residents. With its breathtaking views of the Yarra River, resort style amenity and landmark architecture, Flinders Bank will be a fitting gateway into the world’s most liveable city.”
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Residents of Tower Two, which will house The St. Regis Melbourne, will have an opportunity to enjoy the luxury brand’s pool, sauna and sundeck by purchasing a Marriott Club membership. 
This is in addition to a number of exclusive residential amenities including a gym, lounge and wine room.
Residents of Tower One also have access to their own separate lifestyle facilities including a gym, pool and wine room.
“The way we live is changing, and today we want all of life’s luxuries and necessities on our doorstep," Wu said.
"To cater for these new urban lifestyles, we wanted to offer our residents some of the most generous, thoughtful and well-designed amenity in Melbourne. We want Flinders Bank to be a haven and a home for all that our residents enjoy."
St. Regis Hotels &amp; Resorts is one of the world’s fastest growing luxury brands, more than doubling its footprint in recent years. There are currently more than 40 St. Regis branded hotels open worldwide. 
The St. Regis Melbourne will be set within the 33 levels of Flinders Bank’s second tower, with hotel rooms planned for levels 2 to 11. Residential apartments will comprise the remainder of the building. 
 
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First Australian St. Regis Hotel set for Melbourne

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An iconic 1840s heritage building in Launceston is on the market with a price guidance of $2.85 million to $2.95 million.
<a href="https://www.realestate.com.au/property-unitblock-tas-launceston-128779082" target="_blank">Kinross House</a> at 91-95 George Street is a mixed commercial and residential building in the city’s café enclave.
It currently has nine apartments and four retail tenancies with a net rental of approximately $169,438.
The marketing suggests the building has “a unique fusion of architectural styles acquired over the years”.
It also suggests that it would be a target for investors looking for Airbnb rentals or a boutique hotel conversion.
The building is listed through Shepherd &amp; Heap agents Blake Shepherd and Ian Singline.
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Launceston's Kinross House hits the market with boutique hotel conversion potential 

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Canberra's Garema Centre has been sold to Geocon for $13.35 million.
Garema Centre, 70 Bunda Street, Canberra City is a standalone retail building, on a 1,052sqm site zoned CZ1.
Matthew Winter, Manager at Colliers International said the listing recording the highest level of enquiry for a Colliers International listed building so far this year.
“Enquiries for 70 Bunda Street far exceeded that of 50 Bunda Street, with a more diverse group looking to secure the asset," he said.
“Unlike many assets offered for sale this year, the flexibility of the 70 Bunda Street site made it an attractive option to a very broad range of buyers.
"We saw significant interest from developers, investors, student accommodation providers, owner-occupiers and hoteliers.
“We saw significant enquiry from hoteliers, and it is not surprising considering the strength of the Canberra hotel market.
"Canberra hotels were the best performing in the country, with RevPAR up 12.8 percent, compared to Australia-wide which saw an increase of just 2 percent, June year-to-date.”
Developer Geocon is looking to develop a hotel, with architects Fender Katsalidis working on the project.
Works are expected to commence in 2019.
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Geocon buys Canberra's Garema Centre

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The Emporium Hotel Southpoint project, sister to Emporium Hotel in Brisbane’s Fortitude Valley, has received EarthCheck Design Certification, the first in the country to achieve such status.
EarthCheck is a leading scientific benchmarking, certification and advisory group for travel and tourism.
Achieving EarthCheck Design Certification places the new hotel in a unique worldwide group of sustainable buildings that are certified to the internationally recognised EarthCheck Building Planning and Design Standard, with the exclusive EarthCheckTM science inside, according to a media release. 
Emporium Hotel Southpoint will open in mid 2018, and feature 143 suites, a patisserie, restaurant and Sky Bar. It will have views to Brisbane’s CBD and beyond.  
Located in the same tower as the hotel are 217 luxury apartments, with owners having access to Emporium’s services. 
On the EarthCheck Design Certification, Anthony John Group managing director Tony John said it was a proud achievement.
“We created this building from the ground-up with a vision to deliver a hotel and precinct unlike any other in Brisbane, and achieving this design certificate brings with it  global recognition, credibility, best practice performance markers, cost reductions and clever building benefits,” he said.
The hotel is being built by Hutchinson Builders. 
“Like its sister at Fortitude Valley, we expect Emporium Hotel Southpoint to create new pathways for tourism and service when we open next year,” added John.  
Stewart Moore, CEO and founder of EarthCheck, said its standards are based on Agenda 21 principles and are structured to help tourism projects become not only great places to visit and work in but also improve the quality of life of local communities, - which is exactly what the project has delivered for the South Bank Precinct. 
 EarthCheck’s certification is awarded to projects that demonstrate that match or exceed current industry best practice performance levels. 
A limited number of Emporium Residences remain available for sale from $1,950,000, with owner’s enjoying access to the services of Emporium Hotel Southpoint.
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Emporium Hotel Southpoint in Brisbane gets sustainability tag from EarthCheck

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From hip lobbies with a coffee shop ambiance to shared living spaces linking guest rooms, more hotels are turning their focus to providing inviting community areas.
For corporate travellers, it may mean sending a few emails from a co-working alcove complete with power and USB outlets, while leisure visitors may linger around tables stacked with board games or post photos to social media from the lounging zones.
“Today’s travelers often place greater value on convenience, sense of place and community than they do on the traditional luxuries offered by hotels,” says David A. Black, Americas Hotels Lead, JLL Project and Development Services. “That’s one reason why hotel companies are developing so many soft brands that have an emphasis on communal areas with spaces and experiences that bring people together in new ways.” 
The forthcoming Tru by Hilton is just one of the growing number of hotel brands encouraging its guests to spend less time in their rooms and more in specially designed communal areas. Aimed at Millennials — or people with a “Millennial mindset” — who want to connect with other travelers, the hotel’s innovative space called “The Hive” embodies the brand. Instead of a traditional lobby, guests have access to four zones — work, play, lounge, and eat — all designed for interaction and engagement.
Moxy Hotels, Marriott’s new boutique hotel brand, offers an industrial-style lobby with fun games on hand, along with coffee and full-service bars. And while not everyone will fancy the hotel’s signature feature, a communal ironing nook, Moxy Hotels is banking on Millennials appreciating its fresh approach.
“Some of this communal space is nothing new,” says Lauro Ferroni, JLL’s Global Head of Hotels &amp; Hospitality Research. “Hotels have always had lobbies, pools, bars and restaurants. But now the design and features of these communal spaces are being driven by hotels wanting to appeal to younger travelers.”
Going beyond the idea of a pool and sun-loungers as an outdoor communal space, one New Jersey hotel, The Asbury, has created a perennial backyard barbecue zone with Ping-Pong tables, live music, craft beer (served from a converted VW van), and food trucks.
<h2>Getting travelers together</h2>
The growing popularity of home rental platforms, such as Airbnb and HomeAway, and boutique hostels is also driving hotels to find new ways to accommodate larger groups of friends and families traveling together.
Marriott’s mid-range brand Element, which is aimed at guests staying beyond a few nights, is testing blocks of private rooms built around a communal kitchen and living room. “Really it’s about a much more shared economy these days. It’s much more about socializing and a sense of community when you travel,” says Toni Stoeckl, a Global Brand Leader at Marriott, in an interview with KTLA earlier this year.
The challenge for hotels is designing their communal areas in a way that appeals to their target guests – and provides them the requisite amount of privacy.
“Although there has been a growing focus on the Millennial traveler, hotel brands can’t afford to ignore their more “seasoned” travelers,” says Black. “That’s why design solutions must be flexible enough to provide both communal spaces which appeal to the co-working, co-living generation as well as spaces which appeal to baby boomers.  It’s not a one size fits all approach.”
In addition, people traveling in a group have different needs and expectations to those traveling in a couple.
“When you’re traveling, the communal experiences could turn out to be the most memorable part of the trip,” says Ferroni. “Yet you’re also going to have a lot of people who will say right off the bat that they have no interest in trying something like this, whether they’re business travelers who need their own space to get the job done or leisure travelers who want some time on their own.”
<h2>Is communal the way forward?</h2>
With the concepts of co-living and co-working taking off, bigger and more innovative social areas in hotels could well be in the cards – especially for brands targeting younger segments of the market.
Within the U.S., Ferroni believes it’s a concept that will take root in the bigger cities.
“I think it’s going to gain traction in large gateway markets like New York, Miami, or San Francisco where you have a large share of people coming from Europe who might be more comfortable with this concept,” he says.
Hotel executives might not be sure whether this is the next big thing, speculates Ferroni, but he says that it would be foolish for them not to give it a try. “They’re looking at it from a trial-and-error standpoint. Large hotel companies that want to be innovative can’t afford to ignore the potential of shared spaces – even if Millennials are not their key audience.”
This article by Laura Agadoni was featured in <a href="https://www.jllrealviews.com/industries/hotels-take-a-fresh-look-at-communal-spaces/" target="_blank">JLL Real Views</a>.
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