<a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> has lodged plans for a $750 million, three-tower mixed-use precinct that would complete the long-running redevelopment of Carlton's former Carlton United Breweries site.

The proposal at <a href="https://www.apartments.com.au/new-apartments/185-195-queensberry-street-carlton-vic-3053">46-78 Bouverie Street and 185-195 Queensberry Street</a> spans a 6,468 sqm site, the last remaining undeveloped parcels within the former brewery's 2007 masterplan.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the development will comprise two purpose-built student accommodation towers and a third build-to-sell apartment tower above a shared commercial podium and basement.

Across the three towers, SP Setia is proposing 606 build-to-sell apartments and 1,499 student accommodation units containing 2,009 beds.

The apartments will sit in the tallest tower, which will rise nearly 200m and 55 storeys. It will become&nbsp;one of the more substantial new build-to-sell apartment projects at the northern edge of Melbourne's CBD.

The apartment mix is weighted toward smaller inner-city product, with 188 studios, 206 one-bedroom apartments, 192 two-bedroom apartments and 20 three-bedroom apartments

<img alt="First look: SP Setia plans three-tower finale for Carlton’s former CUB precinct" data-entity-type="file" data-entity-uuid="8271bc87-1b0a-41b7-ac73-a425ee375261" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_2.png?VersionId=G4lw23o90B1boX4k4dj7rdz2ZEajS9wy" />

Part of the precinct will be a large-scale&nbsp;3,684 sqm supermarket and a further 2,198 sqm of speciality retail, creating close to 5,900 sqm of new commercial space within the precinct.

But one of the biggest components of the proposal is what sits between the buildings.

Around 4,650 sqm, or roughly 72 per cent of the site, will be publicly accessible open space, incorporating plazas, pedestrian connections, landscaped laneways and retail spill-out areas.

The ground plane is intended to finally complete pedestrian connections envisaged when the CUB masterplan was first approved nearly two decades ago, stitching together Victoria Street, Queensberry Street, Bouverie Street and Swanston Street through the former brewery precinct.

Urbis said the development would "complete the CUB precinct", with the public realm providing important north-south and east-west connections through what is currently the final undeveloped portion of the masterplanned site.

SP Setia is also exploring a new linear park within the Bouverie Street road reserve, with the concept to be developed further with the City of Melbourne through the planning process.

The proposal is being pursued through the Victorian Government's Development Facilitation Program under Clause 53.23 for significant residential development with affordable housing.

The planning report acknowledges the proposed heights exceed those contemplated under the original Comprehensive Development Plan and masterplan, but argues the built-form context has changed considerably over the past two decades.

Urbis said the three towers would instead create a stepped transition between Carlton and the Hoddle Grid, rising progressively from the 94.1-metre Tower One along the Queensberry Street edge to the 199.44-metre Tower Three closer to the established CBD-scale buildings to the south.

<img alt="SP Setia" data-entity-type="file" data-entity-uuid="e885a07a-592c-40fc-bf82-e6dbaf32da54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.52.24%E2%80%AFAM.png?VersionId=7s_ErUkSKAdY1mAWp3GRZgMNCGtwhk5m" />

SP Setia plans to deliver the development across three stages.

Stage One would deliver the basement, podium and retail areas for the entire precinct alongside the first student tower. Tower Two would follow in Stage Two, before the 606-apartment Tower Three is delivered as the final stage.

If approved and delivered, the project would close out a redevelopment process that has been underway since the former brewery masterplan was approved in 2007, adding more than 2,600 student beds and apartments to a precinct already home to Swanston Central, the Barak Building, RMIT Design Hub and several large student accommodation developments.

&nbsp;

&nbsp;

Joel Robinson

SP Setia plans three-tower finale for Carlton’s former CUB precinct

Melbourne developer Lowe Living is seeking to add to its growing bayside apartment pipeline, filing plans for a boutique eight-residence development in tightly held Middle Park.

Lowe Living, which has built much of its development portfolio across Melbourne's affluent bayside and south-east suburbs, is behind the plans for the 730 sqm site at <a href="https://www.apartments.com.au/new-apartments/123-125-erskine-street-middle-park-vic-3206">123-125 Erskine Street</a>, just off Armstrong Street and within the Armstrong Street Neighbourhood Activity Centre.

The developer is seeking approval for a five-storey residential building above two basement levels, with just eight large-format apartments and 18 car spaces.

“This is a deliberately very different proposition for us,"&nbsp;Tim Lowe, Co-Founder of Lowe Living, said.

"Eight residences is exceptionally boutique, but that's precisely what this site calls for.

“There is a strong community in Middle Park and the surrounding suburbs who have spent decades building a life here. They no longer want the maintenance of a large period home, but they aren't prepared to compromise on space, quality or location. We think there is a real opportunity to capture that hyper local market. A site like this rarely comes to market.”

<img alt="Lowe " data-entity-type="file" data-entity-uuid="875fe572-0f14-4d90-9e11-55b28dd07731" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.42.49%E2%80%AFAM.png?VersionId=GDNQRv9BfpR9r1zkZ5UDyUM4ZvpIksut" />

The low-density proposal has been designed by Cera Stribley and is being progressed through the Victorian Government's Great Design Fast Track pathway, having already secured eligibility from the Minister for Planning.

The Office of the Victorian Government Architect supported its eligibility after finding the proposal demonstrated consistency with the program's seven design principles, while the project's financial feasibility has also been independently confirmed by Invest Victoria.

The project is targeting the downsizer market, with the planning documents describing the homes as larger-format residences and noting the two penthouses could otherwise have been configured as four separate apartments.

<img alt="Lowe 2" data-entity-type="file" data-entity-uuid="60ab0987-2da6-4175-adac-315dcf6053c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.15%E2%80%AFAM.png?VersionId=bOCPH0B2MFwlmaRW.TTCF9TzyifgVoQI" />

The site has dual frontage to Erskine Street and Canterbury Place and currently comprises a collection of commercial buildings used as offices, including a former heritage bakehouse, a former stable, a later gabled addition and a central courtyard.

It sits within the Commercial 1 Zone and the Armstrong Street Commercial Precinct heritage overlay, with the existing property classified as a contributory heritage place.

Heritage has subsequently played a significant role in Cera Stribley's design.

The front section of the former bakehouse facing Erskine Street will be retained, including its return walls, street-facing hipped roof and chimneys, while the Erskine Street façade and part of the western return wall of the former stable will also be incorporated into the new development.

Levels four and five will be set back five metres from the retained stable façade, while bricks removed through demolition are proposed to be salvaged and reused within the new building where possible.

<img alt="Lowe 3" data-entity-type="file" data-entity-uuid="e97927a9-a2de-4a0f-83b6-65451238abfa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.06%E2%80%AFAM.png?VersionId=VR44AChLrX9q1XPB9GvVQV.ALXXbe4gC" />

Rather than presenting as a single five-storey building to Erskine Street, Cera Stribley has broken the development into a series of distinct forms.

A three-storey infill element will sit between the retained bakehouse and stable façades, with the upper levels recessed behind the heritage fabric. Canterbury Place will similarly feature two three-storey podium forms, separated by a central pedestrian accessway, before the upper two levels step back from the street.

A pedestrian through-link will run through the centre of the project between Erskine Street and Canterbury Place, creating entrances from both sides of the site and introducing landscaping and communal areas through the ground plane.

Landscape architect Acre has designed planting across the ground level, private terraces and upper levels, including a feature canopy tree at level three and integrated planting and arbours across the level four terraces. Five existing Erskine Street trees are proposed to be retained.

Sustainability is also a significant component of the Great Design Fast Track application. The apartments are targeting an average eight-star NatHERS rating, with no residence below 6.5 stars, while the project has achieved a 75 per cent BESS score. Seven of the eight apartments are designed for cross-ventilation, with the remaining residence using mechanically assisted natural ventilation.

The plans also incorporate an 8kWp rooftop solar system, a 5,000-litre rainwater tank and infrastructure allowing future electric vehicle charging for every residence.

Lowe has a strong portfolio across Melbourne's blue-chip suburbs. They recently launched <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House by Lowe Living</a> in Camberwell, their first development in the Stonnington LGA.

Lowe Living unveils Middle Park apartment development

Article summary

<ul data-end="888" data-start="289">
	<li data-end="442" data-section-id="8tsh6o" data-start="289">DVB Projects is preparing to launch its second Gold Coast apartment development, with demolition now underway at 137 Old Burleigh Road, Broadbeach.</li>
	<li data-end="573" data-section-id="1nyxl3e" data-start="443">The 34-level tower will comprise just 49 ultra-luxury residences, including half-floor, full-floor and penthouse apartments.</li>
	<li data-end="717" data-section-id="oiyimj" data-start="574">The launch follows strong demand at DVB's nearby Sea Glass project, which is more than 50 per cent sold and currently under construction.</li>
	<li data-end="888" data-section-id="epk9o9" data-start="718">The development adds to the transformation of Old Burleigh Road, with premium beachfront apartment projects continuing to reshape the tightly held Broadbeach strip.</li>
</ul>

<a href="https://www.apartments.com.au/developers/dvb-projects">DVB Projects</a> is preparing to launch its second Gold Coast apartment development, with demolition now underway on the Broadbeach site as the Sydney developer moves closer to bringing the ultra-luxury project to market.

The 34-level tower at <a href="https://www.apartments.com.au/new-apartments/137-old-burleigh-road-broadbeach-qld-4218">137 Old Burleigh Road</a> will comprise just 49 residences, ranging from half-floor apartments through to full-floor homes and a penthouse. The launch follows the strong sales performance of DVB's nearby Sea Glass development. More than half of the apartments at Sea Glass, on the other side of Broadbeach, have been snapped up, well ahead of its late 2027 completion

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="2944b4be-c84e-4b54-8dc1-c712e76704c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E02_Exterior_Street%20Level%20Entrance.jpg?VersionId=YoNig7pRdrE3HCue7sUj78LzJteeQf3H" />

The start of demolition at 137 Old Burleigh Road signals DVB Projects’ underlying confidence in the Gold Coast’s luxury beachside apartment sector.

“We see the Gold Coast as one of the most compelling lifestyle markets in Australia, particularly at the premium end where demand continues to deepen,” said Dean Brown, Managing Director of DVB.&nbsp;

“This project has been carefully designed to respond to that demand - delivering large-format residences with a level of quality, privacy and amenity that is still relatively rare in the apartment market on the beachside."

Brown says the site itself is "exceptional."

"Old Burleigh Road is one of the most tightly held beachfront strips, and opportunities to deliver a project of this scale and calibre in this location are extremely limited.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="398f377a-c037-455e-9250-0c5e0d84c35b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/I12_FF%20Balcony.jpg?VersionId=NwOiRWGMubR1c8wthuEfggklcja7al9." />

The project will comprise 40 half-floor residences of approximately 260 sqm, alongside eight full-floor residences spanning around 524 sqm.

A single penthouse will crown the building, featuring a private pool, barbecue area, indoor gym and dedicated entertaining spaces.

Residents will have access to a resort-style suite of amenities, including a 20-metre pool with daybeds, a gymnasium, hot and cold plunge pools, a sauna, and private residents’ lounge and dining facilities.

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="d1642bb0-9a66-4427-a022-dfc0988c6287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A02_Pool%20to%20View.jpg?VersionId=c0IXPyn_Gp_Kn3XCwzMrqIVkAdCEwVXP" />

Sales agent Todd Matheson, of <a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a>, which is marketing both 137 Old Burleigh Road and Sea Glass, said 137 Old Burleigh Road would address a clear gap in the market for genuine luxury products.

“There are very few opportunities on the Gold Coast where buyers can secure a residence of this size and quality in a new building,” Matheson said.

“What we’re seeing is a growing cohort of downsizers and interstate buyers who still want space - they’re not willing to compromise on living area, entertaining or finishes.

“This project has been designed with that buyer in mind. It offers the scale of a home, combined with the convenience and security of apartment living, in one of the coast’s most desirable positions.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="59aae0ca-5639-4320-8aca-d0bf60f48e43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E01_Exterior%20Hero.jpg?VersionId=DS8Zfy2WtgUEtdfe0TEUuf1W1GfcZq8S" />

Located on a 1,156 sqm site one block from the beachfront, the development will replace an ageing walk-up building and is expected to contribute to the ongoing transformation of the Old Burleigh Road strip into one of the Gold Coast’s most prestigious residential corridors.

With the development moving into the delivery phase, 137 Old Burleigh Road is slated to hit the market later this year.

[smartcode_project_cta:default project_id=145141]

DVB Projects to launch second Broadbeach apartment tower as demolition commences

<a data-end="327" data-is-only-node="" data-start="250" href="https://www.apartments.com.au/developers/norus-projects" rel="noopener" target="_new">Norus Developments</a> has lodged plans for a new apartment development in Clayton that would add further momentum to the suburb's emerging Green Street corridor.

Plans have been lodged for the consolidated site at <a href="https://www.apartments.com.au/new-apartments/1359-1365-centre-road-clayton-vic-3168">1359-1365 Centre Road</a>, where Norus is seeking approval for 218 apartments across a 12-storey apartment building designed by <a href="https://www.apartments.com.au/architects/life-architecture-and-urban-design">Life Architecture</a>.

The proposal sits within the Clayton Major Activity Centre at the threshold of the planned Green Street corridor, a landscaped pedestrian connection intended to improve links through the precinct towards Clayton Railway Station.

The development would replace the site's existing collection of low-scale residential and commercial buildings with a single consolidated building, introducing significantly greater housing density to this part of Centre Road.

A retail tenancy is proposed at ground level to activate the Centre Road frontage, accompanied by transparent street interfaces and landscaping intended to create a more pedestrian-focused edge to the development.

<img alt="First look: Norus Developments plans landscape-led apartment project for Clayton’s emerging Green Street" data-entity-type="file" data-entity-uuid="0a5a763a-d9e9-4253-af2f-88008de27ebf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Clayton%20a.png?VersionId=S2WJJbat1XVkZwB9SnYtygirXgWHiklX" />

The building has been designed with stepped massing and upper-level setbacks to manage its transition towards surrounding residential properties. The planning report describes the approach as one that integrates the building into the landscape rather than treating landscaping as a secondary element.

"A strong landscape and public realm strategy underpins the proposal," Urbis states in the planning report.

"Public benefits include an affordable housing contribution, a new pocket park, generous landscaped setbacks, deep soil planting and integrated Water Sensitive Urban Design."

The report adds that these elements are intended to create "a permeable, pedestrian-focused ground plane that enhances walkability, supports urban cooling and reinforces the emerging Green Street character."

Biophilic and passive design principles extend through the residential levels, with planting, daylight, natural ventilation and views towards landscaped areas forming part of the amenity strategy.

Parking would be concentrated away from the public realm, with 145 car spaces proposed from the rear laneway rather than dominating the Centre Road frontage.

The proposal follows an extensive pre-application process with the City of Monash. Three formal meetings were held between the project team and Council from December 2025 to March 2026, with the scheme evolving through several concept iterations before the current design was lodged.

The project arrives as Clayton prepares for substantial change around its established activity centre and the wider Suburban Rail Loop precinct. Its position on Centre Road places the development within an existing concentration of shops, services and public transport, while the Green Street connection is intended to strengthen pedestrian access towards Clayton Railway Station.

First look: Norus plans landscape-led apartment project for Clayton’s emerging Green Street

<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> has officially commenced construction on Bronze on Chevron, celebrating the sod turning of its first-ever Gold Coast development and marking a significant milestone in the company's continued expansion across South East Queensland.&nbsp;

Following the successful delivery of premium residential developments throughout Brisbane and the Sunshine Coast, <a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-chevron-island-qld-4217">Bronze on Chevron</a> represents Gardner Vaughan Group's entry into the Gold Coast market. Bronze will deliver 119 one, two, three and four-bedroom apartments above two ground-level retail tenancies.

[smartcode_project:default project_id=107520 project_image_fid=367193]

The recent sod turning ceremony was attended by Deputy Mayor Mark Hammel, President of the Surfers Paradise Surf Life Saving Club, Cassandra Sedgman, project consultants, purchasers, project partners and invited guests to celebrate the commencement of construction.&nbsp;

Gardner Vaughan Group Chief Executive Officer Simon Betteridge said Bronze on Chevron represented an exciting new chapter for the business.&nbsp;

"We've spent almost four decades building homes that respond to the way people want to live, and we're excited to bring that experience to <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>," Betteridge said.

"Bronze on Chevron is particularly significant because it marks Gardner Vaughan Group's first development on the Gold Coast following many successful projects across Brisbane and the Sunshine Coast."

[smartcode_project:default project_id=107520 project_image_fid=367183]

Betteridge said the ground breaking is a proud moment for the&nbsp;team and their purchasers, who can now see their future homes beginning to take shape.&nbsp;

"As both developer and builder, we're able to oversee every aspect of the project from design through to construction, ensuring the quality and attention to detail Gardner Vaughan Group has become renowned for."&nbsp;

Designed by acclaimed architectural practice <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, Bronze on Chevron has been thoughtfully designed to complement Chevron Island's evolving streetscape while embracing its relaxed coastal lifestyle.

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029.&nbsp;

[smartcode_project_cta:default project_id=107520]

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029

Gardner Vaughan Group breaks ground on first Gold Coast development, Bronze on Chevron

New Developments

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Crown Group has revealed the plans for Reflect, a new illuminated public art piece at Arc, its 22-storey residential tower being built at 161-165 Clarence Street in Sydney’s CBD.
Reflect will be created by Ramus Illumination, a collaborative design studio based in Melbourne.
Reflect will be an illuminated sculpture that is suspended across a new laneway connecting Kent and Clarence streets.
The sculpture stretches 12 metres across the atrium from the third to the eighth levels, with a shifting shape inspired by the murmuration of birds and the daily patterns of people as they journey to and from the city.
The artwork is comprised of a steel frame, stainless wires and thousands of LED lights. The form itself is reflective of a path of flight through the air, and the subtly shifting palette of colour and movement in the lights brings an ever-changing energy and life to the atrium sky space.
“Reflect challenges convention and will be an exciting addition to Sydney’s public art collection, one that would reflect the modern city of Sydney,” Iwan Sunito, chairman of Crown Group said. 
“Arc by Crown Group reflects the past and the future of Sydney in its heritage-inspired brick podium and contemporary glass tower above,” says Koichi Takada, architects and designer of Arc by Crown Group.
When completed in mid-2018, Arc by Crown Group will offer 220 studio, one, two and three-bedroom apartments.
This week Crown Group introduced Arc by Crown Group’s Signature Collection, a limited selection of previously unreleased luxury apartments. It features a selection of 12 one-bedroom-plus- study apartments and a ‘Super Penthouse’.
<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/2018/2/14/crown%202.jpg" alt="">
The Signature Collection at Arc by Crown Group will see prices for one-bedroom apartments range from $1,075,000 - $1,555,000. 
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j.ballantyne1990-6AQqhLzZaK

Crown Group reveals Arc public art on Clarence Street

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The West Melbourne, Festival Hall, owned by the family of the legendary sports impresario John Wren since 1915, is set to be listed for sale with redevelopment plans.
<div>
Cousins Chris and John Wren – directors of the business that operates Festival Hall – have lodged plans with the City of Melbourne for a two-tower $65 million redevelopment.
The Wren family plan to sell it with a permit for the mixed-used scheme designed by architects Rothelowman.
"We're not developers," Chris Wren, a planning lawyer and director of the family owned Stadiums Pty Ltd, told The Australian Financial Review. 
The premises opened with a boxing match on Cup Eve 1913 under the stars. During Wren's ownership there was boxing on Friday nights, wrestling on Saturday, with Wenesday's a mix of vaudeville or light boxing matches.
</div>
<div><img src="http://www.afr.com/content/dam/images/h/0/n/4/m/l/image.imgtype.afrArticleInline.620x0.png/1516690901987.jpg" alt="A two-tower development with 1400 square metres of commercial space and 179 apartments is planned." width="620" data-src="http://www.afr.com/content/dam/images/h/0/n/4/m/l/image.imgtype.afrArticleInline.620x0.png/1516690901987.jpg"></div>
<div> </div>
<div>A two-tower development has been proposed with 1400 square metres of commercial space and 179 apartments.</div>
<div>
At a time when many moralists regarded gambling as a racket, John Wren obtained great power and wealth over the decades until his death in 1953.
He was the thinly disguised subject of author Frank Hardy's 1950 novel Power Without Glory.
His 2004 biographer James Griffin wrote that Wren's defamations were still current - and even this week one national newspaper described Wren inappropriately as a "crime boss." 
Chris Wren said John Wren (top and below) would not have been sentimental about the site.
</div>
<div>"He would have told us to sell the place ages ago," he said.</div>
<div> </div>
<div>The City of Melbourne has placed an interim heritage order on the site, which they hope to have overturned.</div>
<div> </div>
<div>The building on the site was rebuilt to host boxing events in 1955 after fire destroyed the original structure.</div>
<div> </div>
<div>It has since hosted bands including the Beatles, The Seekers and the Rolling Stones.</div>
<div> </div>
<div><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/2018/1/25/wren3.jpg" alt=""></div>
<div> </div>
<div>Music guru Molly Meldrum said it would be a shame to lose the 5400-person hall which had lost business since the completion of a retractable roof on the Margaret Court Arena in 2014 drew acts and promoters away.
Festival Hall is the last of a string of event venues the family business once owned in the east coast capitals including premises at Rushcutters Bay in Sydney and Brisbane.
The Collingwood based John Wren bought the three boxing stadiums in 1915 from silver medial Olympian boxer, R L "Snowy" Baker and undertook the Festival Hall roofing at a 230,000 pounds cost.
Sydney held 11,000, Melbourne 7,000 and Brisbane held 5,000.
Laid off work during the 1890s depression, Wren launched his Johnston Street totalizator with a stake bolstered by his 1890 Carbine Melbourne Cup victory gambling coup.
In Victoria his probate was valued at £1,003,946.
 
</div>
 
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jchancellor-FAypfDUnLy

John Wren's family up for fight with Festival Hall redevelopment proposal

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Multiplex has completed Central Equity’s $300 million high rise residential apartment tower in Southbank, Southbank Central.
The 48-level tower 1-13 Balston Street in Southbank comprises 485 one, two and three bedroom apartments.
Southbank Central also features a six level podium with retail, car parking and resident facilities including an indoor swimming pool and gymnasium.
Double-glazed floor-to-ceiling windows capture views of Southbank.
Central Equity has <a href="https://www.realestate.com.au/property-apartment-vic-southbank-127084578" target="_blank">one bedroom plus study apartments</a> listed at $449,000.
There are <a href="https://www.realestate.com.au/property-apartment-vic-southbank-127084614" target="_blank">two bedroom offerings</a> at $545,000.
There are three bedroom apartments listed for <a href="https://www.realestate.com.au/property-apartment-vic-southbank-127169862" target="_blank">around $1 million</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/2017/12/15/mutliplex2.jpg" alt="">
Graham Cottam, Multiplex's regional managing director in Victoria, said Southbank Central delivered on time and to an exceptional standard for residents.
The completion of Southbank Central represents Multiplex’s 15th project for developer Central Equity, with the contractor having delivered towers including Southbank Grand, Southbank One and City Tempo apartment buildings - all of which are HIA award winning developments.
Multiplex has also completed a number of new residential projects in the Melbourne CBD over the last 12 months including Hengyi Pacific’s Light House, ICD Property’s Eq.Tower, and Salvo Property Group’s Platinum Tower.
It also has several residential projects set for completion including LK Property Group’s Capital Grand, Fragrance Group‘s Premier Tower and Hengyi Pacific’s Swanston Central in Carlton. 
Central Equity recently dismissed suggestions as to the existence of "ghost" apartments.
The developer –  which claims to have built half of the skyscrapers in Melbourne's Southbank – took a swipe at market doomsayers.
Financial reports for the company show it booked a record $145 million profit from $507 million revenue last financial year.
"Central Equity projects are enjoying very low vacancies resulting in effectively full occupancy," the group's directors, Eddie Kutner, Dennis Wilson and John Bourke, said in an annual report.
"The low vacancies (less than 2 per cent) are underpinning the rental market and providing solid and recurring rental returns," their report noted.Central Equity said its Melbourne development pipeline had swelled to $3.2 billion.
"Lack of affordability has created a pent-up demand which not only underpins pricing but will also act as a cushion against future shocks, if any," the group said.
Central Equity will concentrate now on sales its Melbourne Grand project at 560 Lonsdale Street, a 58-level apartment tower with 650 plus apartments.
Demand has shifted towards larger two and three-bedroom apartments, it acknowledged.
One bedders start at $499,000, two bedders from $599,000 and three bedders from $889,000.
 
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jrobinson-rf4aSBido9

Multiplex complete Southbank Central for Central Equity

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Newcastle Knights star Shaun Kenny-Dowall has bought a property on the Newcastle outskirts, not far from his new home turf.
He's spent $960,000 on a <a href="https://www.firstnational.com.au/buy-residential-real-estate/house-23-kerr-street-charlestown-nsw-11993010291" target="_blank">home in Charlestown</a>, just six kilometres south from where the Knights play.
Kenny-Dowall has been at the club since June having having previously been at the Sydney Roosters.
The New Zealand international bought a renovated four bedroom home, complete with tropical-inspired pool and cabana.
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It has been renovated since it last traded for $655,000 in 2013.
First National Newcastle City agent Andrew McKiernan had a price guide of between $900,000 and $990,000.
Its the first step on the NSW property ladder for Kenny-Dowall, who previously had been renting in Malabar in the eastern suburbs.
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The Queensland born centre grew up in Auckland before moving to Sydney in 2004.
When he was released earlier this year he was the sixth highest capped Rooster with 224 caps.
Kenny-Dowall has now been joined by his Randwick-based former team mate Mitchell Pearce at the Knights.
Pearce bought an apartment in Sydney's eastern suburbs earlier this year spending $1,665,000 in Randwick. He also retains two lower North Shore investment apartments.
Pearce's departure from the Roosters came following the signing of Melbourne Storm legend Cooper Cronk, who on moving up from Melbourne recently settled on a $3.5 million Mosman home with his fiancee, Fox Sports presenter Tara Rushton.
This article was first published in the Sunday Telegraph.
 
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Newcastle Knight Shaun Kenny-Dowall buys near new club

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ICON Developments’ Cantala project has been named best Medium Density Development at the Victorian Urban Development Institute of Australia (UDIA) Awards for Excellence.
Designed by architects SJB, Cantala is located in Caulfield North and is a development defined by the curvaceous sculptural forms of its architecture, its open walkways and an extremely generous provision of landscaped greenery.
ICON development manager Kyle Reeve says they are very proud of winning the UDIA award for Cantala.
“The award is recognition for the importance we place on creating communities within our developments, which is gratifying,” he says.
“The collaboration with SJB and the greater design team has been imperative to deliver a project that strives to show what is possible with medium density development.”
Taking subtle cues from the art deco buildings found along Dandenong Road and the Caulfield precinct, Cantala comprises 25 multi-storey townhouses, 44 low-rise apartments and a 13,000 plant sanctuary.
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The first visual impression at Cantala is of an angular timber form that forms a prow for the development’s main apartment building, at the entrance to the community. Its angles contrast with the deco-inspired curves that echo across many of the other details of the development.
“We’re really proud of this project,” says the architect, SJB director Tristan Wong.
“It presents new typologies of community living and aims to challenge the notion of public versus private. It also plays with the notion of what an apartment building or townhouse should look like,” Wong says.
“The more we talk about the project, the more proud we feel that we’ve challenged preconceptions about inner-city living and medium density housing typologies,”
“ICON have been highly aspirational in their desired outcome for the site and our design – from both an interior design and architectural perspective they have been prepared to look at things a little bit differently.”
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Cantala’s community amenity wins UDIA award for ICON Developments

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Construction has begun of Gallery House One, a $140 million tower in the $5 billion Northshore Hamilton riverfront precinct near Brisbane.
The investment by Brookfield Residential Properties' has tipped over $830 million.
Galley House One sales have reached over $100 million, with 80 percent of the 20 level tower sold. 
The tower comprises one, two, three and four bedroom apartments. Remaining apartments in the building start from $419,000, with two penthouses still available starting from $2,295,000.
A residents-only rooftop crowns Gallery House One and is complete with a 20 metre infinity pool, lounge and barbecue area.
The project's second and final tower, known as Gallery House Two (below), comes to the market with $34 million in sales from registered buyers.
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Brookfield Residential Properties general manager Lee Butterworth said the success of the project proved that quality, riverfront property was in high demand in Brisbane.
"Gallery House has been a stand-out performer in the Brisbane apartment market, quickly gaining a reputation for luxury, riverfront living that offers city conveniences in a tranquil setting," he said.
"Turning the sod on Gallery House One is a major milestone - made all the more significant by the fact we have simultaneously successfully launched the second phase of the project, Gallery House Two.
"We have partnered with Multiplex to build these apartments to the highest standard and are looking forward to delivering our buyers their dream home."
Brookfield Residential Properties is the most active developer in the Northshore Hamilton precinct, having already delivered six apartment buildings as part of its neighbouring Portside Wharf retail and residential community.
Butterworth said the company's footprint in Northshore Hamilton would ultimately total $1.3 billion - making up a fifth of the entire $5 billion urban renewal project - the largest of its kind in Queensland.
"Brookfield recognised the potential of the Hamilton riverfront early and moved to control up to six hectares of unused State land that we have transformed from a disused industrial area into a thriving waterfront community," he said.
"Our Portside Wharf development was the catalyst for the rejuvenation of Northshore Hamilton and a transformative project for the entire suburb.
"Gallery House will continue this legacy, ensuring the Hamilton riverfront builds on its reputation of offering some of the best living opportunities in Queensland."
For more information on Gallery House <a href="http://gallery-house.com.au/" target="_blank">click here. </a>
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Construction commences on Brookfield's Gallery House

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Leading global contractor Multiplex has completed St Patrick’s Green, Greengate’s $120 million aged care and retirement village at 40 Chapel Street, Kogarah.
The new 21,000 square metre development includes three buildings set above a two level shared basement car park designed to deliver a state of the art seniors community including best in class supported care. The Project comprises 104 independent living units, as well as 92 residential care suites in a variety of configurations catering for 97 residents.
The village features modern communal facilities including a lavishly landscaped courtyard and colonnade, commercial kitchen and laundry, other resident areas including a café and terrace, lounge, theatrette, dining room, hair salon and gym, as well as rehabilitation and training facilities.
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“We are delighted to have partnered with Greengate on this project to provide the local ageing population with an impressive blend of essential care and quality lifestyle facilities,” said David Ghannoum, Regional Managing Director NSW at Multiplex.
Construction of St Patrick’s Green spanned just over a year and generated approximately 240 jobs.
One of the complexities faced during construction was the site’s proximity to the operational St Patrick’s Primary School and Church.
With the construction zone positioned directly adjacent to the primary school’s drop-off and pick-up area, Multiplex consulted very closely with the school and implemented a coordinated materials handling plan.
St Patrick’s Green is Greengate’s third integrated community, following its award-winning St Brigid’s Green community in Maroubra and continuing its strong relationship with the Catholic Archdiocese of Sydney and ANZ Bank.
Multiplex has extensive experience constructing aged care facilities, recently completing a Mark Moran seniors living project in Vaucluse and currently constructing an over 55’s development in Paddington known as The Terraces.
Nearby in Gray Street, Multiplex also just completed the $277 million redevelopment of St George Hospital.
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Multiplex delivers new aged care community at Kogarah

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Queen Street Village, a $550 million residential project in the Gold Coast, is expected to be launched in the next few weeks.
The 3.2 hectare old Gold Coast Hospital site in Southport is being developed by Property Solutions. 
Pending an approval by Gold Coast City Council, Queen Street Village will comprise medium-rise apartment towers surrounded by a retail and dining precinct.
It will aim to create an urban village feel with entertainment, commercial office space, a medical centre and cinema. 
Brisbane-based Property Solutions have worked on urban renewal projects such as James Street at Fortitude Valley, The Barracks at Paddington, SW1 at Southbank and the urban redevelopment of Nundah Village. 
Property Solutions joint managing director, David Blanck, said they had been working with council for the approvals.
Property Solutions sales and marketing director, Craig Wright, said they were in the final stages of development approvals for stage one.
“Our overall design concept for Queen Street Village is responsive to the unique facets of the site’s characteristics and surrounds, with open spaces and mid-rise apartment buildings maximising on natural air flow and light,” added Blanck. 
Property Solutions said it chose Southport for the project because of its growing population, public transport infrastructure and the rise in demand for multifaceted apartment living. 
Queen Street Village marketing manager and TOTAL Property Group MD, Adrian Parsons, said with they had received a number of enquiries already. 
 
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$550 million residential project planned at old Southport hospital site

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Citimark Properties has gained funding for its $200 million Markwell Residences project in Surfers Paradise.
Located just 180m from the beach, Markwell Residences will the largest residential tower to be built in Surfers Paradise in more than eight years.
Citimark, based in Brisbane, has secured an offshore senior debt funding facility and has appointed Hutchinson Builders to begin construction of the 46-level, 210 apartment tower in the New Year.
Citimark Properties joint managing director Angus Johnson said the apartment and retail project was now 75 per cent sold after reaping the combined benefits of limited supply, high demand, increased infrastructure investment and the competitive advantage of being an established local developer.
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Johnson said Australia’s constrained development finance market with Australia’s major banks had made projects of this scale difficult to get off the ground, particularly for private developers.
“The shortage of finance has impacted significantly on new supply despite very evident demand and the Gold Coast having one of the highest population growth projections in Australia,” he said.
“Citimark has a long track record with all four major trading banks and for the first time in our history, we did not approach any of them to fund the construction of Markwell Residences.
“We believe the Gold Coast is fundamentally one of the strongest markets in Australia with a significant undersupply, growing population and more than $12 billion in private and public infrastructure investment in the immediate region.”
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The project’s funding was arranged by James Walsh, National Director of Deloitte Real Estate in Australia, who said the Markwell Residences project was attractive to financiers for a unique combination of reasons.
“There is a significantly low supply of new projects actually being constructed in the central Gold Coast region,” Mr Walsh said.
“This is reflected in the record low residential vacancy rate across the Gold Coast which was recently estimated at 0.9 per cent and the lowest of Australia's largest six cities.
Citimark Properties joint managing director Robert Pullar said Markwell Residences presented a unique competitive opportunity.
“The funding proposal took advantage of the current favourable market fundamentals which outrank other Australian east coast capital city markets, while partnering with a leading private Australian developer with a demonstrated 30-year-plus track record of successful projects,” he said.
“Appointing a top tier builder with a strong track record and national exposure was also a key component in securing a competitive and favourable senior debt funder.”
“Hutchinson Builders are Australia’s largest privately owned building company and we have partnered with them for over 30 years,” Mr Pullar said.
“The track record between our two companies added a lot of value to the Markwell project funding program.”
Johnson said interest from the Australian market had been integral to the project’s sales success with most sales sourced from local and Sydney-based agents.
“We purchased several sites on the Gold Coast ahead of the current cycle because we understood the impact of these fundamentals,” he said.
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Citimark Properties gains funding for $200 million Surfers Paradise building

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A collaboration by Pace Development Group with one of Australia’s most acclaimed architects, SJB Architects, has delivered Pace of Abbotsford, a characteristically Abbotsford project with modern authenticity. 
Nestled in the charming locale of Johnston Street among neighbouring heritage buildings, Pace of Abbotsford is a collection of beautifully crafted residences which have been carefully designed to reflect the areas natural surrounds and industrial legacy.   
In what was once home to a series of shoe manufacturers, the residences will be anchored by the retained art deco façade of the iconic Saint Crispin House, which pays homage to Abbotsford’s distinctive manufacturing past. 
Rising above the historic red brick base, the stylised architecture is subtly referenced in the delivery of the new development. Light coloured materials are used to provide an elegant exterior backdrop for bold moveable metal screening, creating a dynamic façade that interacts with the changing position of the sun. 
In a clever marriage of form and function, Pace of Abbotsford will be made up of three individual series, including St Crispin Series, Johnston Series and Stafford Series. 
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St Crispin Series will set the tone for the dwellings – a collection of loft style apartments that sit behind the heritage façade of Saint Crispin House, boasting four metre high ceilings and seamlessly blending the charming characteristics of an earlier period with an inspired contemporary design. 
When designing Pace of Abbotsford, Associate of SJB architects, Beau Fulwood said they were motivated by the character of the neighbourhood and its identifiable landmark, Saint Crispin House.  
“Between the cafes, bars and street art in the neighbourhood, bordering the city and the Yarra River, we saw the perfect opportunity to bring the old and the new together and create something extraordinary.” 
“In a true representation of the area, St Crispin Series is made up of brick, concrete and metal detailing – all of which are distinctive material characteristics of this neighbourhood and are reflective of both the industrial nature of Abbotsford and the worker cottage typology of the area,” he said. 
Residents will have a choice between a light or dark interior colour scheme, while modern yet timeless interiors evoke a light and airy ambiance, including timber flooring, high ceilings and double-glazed windows that create a sense of openness.  
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Understated seamless joinery and tall windows are complemented by streamlined kitchen features, including reconstituted stone bench-tops, Miele appliances and designer tapware. 
Crowning the building is the Jack Merlo designed rooftop garden terrace, which boasts spectacular city views, a 20 metre infinity edge lap pool, gym, lounge and dining area. Residents will also relish their very own private library. 
Pace Development Group Managing Director, Shane Wilkinson stated that the delivery of the new residences brings a new perspective to the sophisticated area that is Abbotsford. 
We’ve collaborated with the very best architects to deliver a project that celebrates the established legacy of the area, creating an opportunity for a desirable lifestyle, underpinned by beautiful design,’ Mr. Wilkinson said.   
To register your interest in one of Pace of Abbotsford’s exclusive residences, <a href="http://paceofabbotsford.com.au/" target="_blank">click here.</a> 
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