Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

Joel Robinson

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
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[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Local Little Bay residents, along with buyers from premium postcodes across Sydney’s affluent Eastern Suburbs, have dominated purchases in developer-builder Urban Property Group’s first Eastern Suburbs apartment development, <a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a>.

The $250 million coastal project, one of the first new developments in the area in several years, has proven particularly popular with downsizers, especially those from Coogee and Bondi. One Double Bay downsizer paid $4.7 million for a four-bedroom penthouse, setting a new local apartment price record in the process.

Buyers have been attracted to the combination of coastal tranquillity, premium design and amenity-rich neighbourhood living. The walkable village setting, along with proximity to three of Sydney’s leading golf courses, New South Wales Golf Club, St Michael’s Golf Club and The Coast Golf Club, has also been a key drawcard.

[smartcode_project:default project_id=112343 project_image_fid=352689]

Built across two low-rise buildings designed by <a href="https://www.apartments.com.au/architects/hill-thalis-architecture-urban-projects-pty-ltd">Hill Thalis</a> and set along a lush, landscaped green spine, designed by leading landscape architect <a href="https://www.apartments.com.au/landscape-architect/arcadia-landscape-architecture">Arcadia</a>, ESTE Little Bay offers a collection of one, two, three and four-bedroom residences with interiors by Richards Stanisich.

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> Sales Director, Tom McIvor said the response to ESTE has been "nothing short of extraordinary."

“Buyers have been quick to recognise ESTE as a rare opportunity to invest in a coastal sanctuary that offers both seclusion and connectivity to the heart of Sydney,” McIvor said.

[smartcode_project:default project_id=112343 project_image_fid=352687]

<a href="https://www.apartments.com.au/project-marketer/srm-residential">SRM Residential</a> Senior Director, <a href="https://www.apartments.com.au/project-marketer/srm-residential">Clayton Ross</a> said the local market has responded incredibly well, driven by ESTE’s exceptional location and the rarity it offers.

“We’ve seen strong interest from a variety of buyer groups, all of whom are drawn to the exclusivity and quality of the build and construction by the 4.5-star iCIRT-rated builder / developer, Urban Property Group. There’s truly nothing else like it along Sydney’s coastline.”

[smartcode_project:default project_id=112343 project_image_fid=352690]

The project also includes robust buyer protections, including Resilience Insurance’s Latent Defects Insurance, providing 10 years of structural cover, and an independent iCIRT-rating of the developer.

“The iCIRT-rating adds another layer of confidence,” Ross added. “Buyers see it as a safeguard for their investment and their lifestyle.” A highlight of ESTE’s offering is its exclusive wellness amenities, including a heated rooftop infinity pool and outdoor heated spa, a state-of-the-art Technogym fitness centre, and a sauna.

<a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a> is topped out and is on track to complete towards the end of 2026, with residents moving in before Christmas.

[smartcode_project_cta:default project_id=112343]

Eastern Suburbs buyers snap up ESTE Little Bay apartments

New Developments

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Four consortia have been shortlisted to develop a six-star multi-billion dollar integrated resort development at Queen’s Wharf Brisbane.
<ul>
<li>Crown Resorts Ltd</li>
<li>Echo Entertainment Group Ltd</li>
<li>Far East Consortium/ Chow Tai Fook Enterprises Ltd</li>
<li>Greenland Investment Pty Ltd.</li>
</ul>
In October last year the Queensland government decided a gaming licence would be available for the under-utilised nine hectare government-owned site adjacent to the north bank of the Brisbane River.
The shortlisted companies will be required to lodge fully-developed proposals with the government in late 2014.
A formal announcement regarding the successful developer and their development scheme is not expected until early 2015.
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Crown Resorts Ltd
One of Australia’s leading integrated resort and casino operators with international joint-ventures and associated gaming and hospitality interests.
Extensive domestic experience developing, owning and operating integrated resort development (IRD) casinos including:
<ul>
<li>$3.7 billion Crown Melbourne, Southbank urban redevelopment</li>
<li>$850 million Crown Perth refurbishment</li>
<li>$2 billion (planned) Crown Sydney.</li>
</ul>
Echo Entertainment Group Ltd
One of Australia’s leading integrated resort and casino operator with substantial presence in domestic market.
Domestic IRD casinos include:
<ul>
<li>$870 million Star Sydney upgrade (2008-2012)</li>
<li>Treasury Casino and Hotel Brisbane</li>
<li>Jupiters Casinos and Hotels in Townsville and the Gold Coast (planned $345 million refurbishment).</li>
</ul>
Far East Consortium/ Chow Tai Fook Enterprises Ltd
International hospitality and mixed-use property developer/operator with some domestic development experience in Melbourne and Perth.
Notable large scale developments include:
<ul>
<li>$3.3 billion Trump Place, New York City</li>
<li>$1.2 billion Hong Kong Convention and Exhibition Centre</li>
<li>$1.2 billion 250 Spencer St, Melbourne integrated residential, retail, hotel and public realm development.</li>
</ul>
Greenland Investment Pty Ltd 
Fortune 500 Chinese state-owned international large scale mixed-use property developer.
Notable projects include:
<ul>
<li>400 hectare Greenland Nanchang activity centre urban redevelopment</li>
<li>$1 billion 82 hectare Zhengzhou Greenland Central Plaza activity centre and transport hub</li>
<li>$680 million Greenland Centre Sydney residential tower.</li>
</ul>
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jchancellor-FAypfDUnLy

Crown versus Echo again, with Greenland and Far East also seeking Brisbane Queen's Wharf project

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The Green Building Council of Australia’s 6 Star Green Star rating has been awarded to Barangaroo South’s Tower 2 commercial building. The Office Design c3 certified rating identifies sustainable building practices.
The 42-storey Tower 2 is the largest building to receive this rating, and it is currently under construction.
New South Wales Environment Minister Rob Stokes said that supporting the sustainability in the commercial office sector is something the state government is behind.
“It is great to see sustainability made a priority in this project, reinforcing NSW as a leader in the area of environmental innovation,” said Stokes.
Tower 2 is one of three buildings that collectively create the International Towers Sydney, and it includes Westpac and Gilbert + Tobin as anchor tenants.
Lend Lease chief executive officer, property, Australia, Tarun Gupta, said that the internationally-recognised rating helps benefit corporate tenants, residents, retailers and visitors, with a sustainable view across the entirety of Barangaroo.
“Lend Lease's aim is to make the precinct Australia's first carbon neutral community,” said Gupta.
“Energy-efficient design, on and offsite low carbon and renewable energy teamed with zero carbon waste treatment and commuter carbon emission offsets, will result in a net carbon neutral outcome for the precinct's operational energy use.”
An on-site blackwater treatment plant, which has the capacity to supply a million litres of recycled water to the precinct and local suburbs, is an initiative of the precinct.
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jduke-EHk3XBmHkn

Green star certification awarded to Barangaroo South Tower 2

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Car sharing club GoGet has partnered to provide up to 44 car share vehicles in the $2 billion Central Park complex on Broadway in Sydney.
The joint-venture developers, Frasers Property and Sekisui House, have sensed the global trend with the newest batch of inner city residents re-assessing the way they integrate personal vehicles and public transport into their lives.
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Vehicles, including hatchbacks, wagons, vans, utes, Yaris, Audis and 8-seater people movers will be available at <a href="https://www.centralparksydney.com" target="_blank">Central Park</a>.
Frasers Property Australia CEO Guy Pahor welcomed Australia’s largest GoGet SuperPod with cars available to the 1,000 plus residents, along with Chippendale locals.
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Frasers Property has been a longtime supporter of the carpooling initiative, having introduced a 10 car share pod at its Trio development in Camperdown in 2009.
“The considerable environmental benefits that the GoGet car share scheme brings, through less congestion on the roads and less car trips, contribute to the world-leading sustainability agenda of Central Park.”
He noted that buyers are driven by price points, with investors deciding sometimes that a car space does not add more to the value of the apartment.
“What drives the value of the apartments is the social and physical infrastructure within walking distance from Central Park.”
The cost of a car space in Central Park is about $75,000.
GoGet co-founder Bruce Jeffreys says <a href="https://www.goget.com.au/pod/1189/" target="_blank">the largest cluster of car share vehicles in Australia</a>, allowed motorists to select a car to fit their mood or errand.
When completed, Central Park, at Broadway, at the south of the city, will have 2,200 apartments and more than 5,000 residents.
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Not all apartments will have parking spaces, with around half currently having a space allocated to their unit.
“Increasing numbers of urban dwellers are living in the city without a car,” GoGet chief executive Tristan Sender said.
This reflected a drop in car ownership and an increase in car sharing among Sydney residents.
With enthusiasm from Clover Moore's town hall, the city saw around a 20% increase in car share spaces in the past year to 589 on-street parking spaces for car-sharing services, up from 489 spaces in April 2013. The City of Sydney aims to have 10% of all households using car sharing programs by 2016.
GoGet allows consumers to book a car by the hour, with costs ranging from around $6.35 to $9.90 an hour. The company has more than 1,300 vehicles in Australia with 1,110 of those in Sydney.
GoGet members pay a monthly fee, using the phone or internet to book and then a smartcard to unlock the vehicle.
GoGet was founded seven years ago and now has almost 50,000 members of which 36,000 are in NSW.
An wtart-up called Car Next Door, based at the Fishburners start-up hub in Ultimo, has emerged but does not own the cars in its network. It facilitates neighbourhood car sharing where car owners earn money by renting out their car to members on the network. The owners set a price per hour/day with Car Next Door taking a 25% stake.
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Go Get car share for Central Park inner city residents

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Brunswick East’s formerly derelict, heritage listed, Tip Top bakery site is seeing settlement on properties as a $215 million rejuvenation nears completion.
The site, acquired by Little Projects in 2009, is separated out into six buildings, all with bakery-appropriate names: Stables, Seeds, Silo, Rye, Grain and Malt; Rothelowman are the architects behind the design.
Rothelowman have been active across Melbourne recently, shaping South Yarra boutique development <a href="/news/vic/rothe-lowman-designed-lex-crowns-south-yarras-alexandra-avenue">Lex</a>, 29-apartment <a href="/expert-insights/buying/rothelowman-designed-mosaica-apartments-to-launch-in-melbourne">Maribyrnong development Mosaica</a>, the <a href="/expert-insights/buying/jazzed-up-residential-tower-strikes-key-with-melburnians">"piano" facade La Trobe Tower</a> that is set for 2016 completion and <a href="/expert-insights/buying/construction-on-rothelowman-designed-aqueous-kicks-off">Port Melbourne's Aqueous</a> that has an appropriately bubble-themed building.
Heritage elements have been retained for the <a href="https://livebrunswickeast.com.au/" target="_blank">Tip Top site</a>, including the art deco stables and brick façade.
The 1.2 hectare site is now a lifestyle precinct, including a childcare centre with 92 places in the Seeds building, that includes a specially designed rooftop outdoor space.
The base of the Seeds building will also house a new café and an office at its base, and there is a base site available in the Stables building for either a retailer or office.
Many of the buildings include large entertainer’s balconies and city views, while each has a separate street address and private access to their properties. The internal laneways were designed by Urbis.
Little Projects managing director Michael Fox said that the site is located between Edward and Weston Street and had been dormant for close to a decade.
“We have always seen Brunswick East as an up-and-coming suburb and we have now unlocked this potential through this project with settlements already underway. This is an exciting step forward for Melbourne’s North,” said Fox.
“We’re creating a community, so we consider the flow-on impact on the surrounding streets and wanted to create a precinct that adds value to the neighbourhood and that people want to be part of,” he said.
Settlements of the apartments commenced in April, with a few two-bedroom apartments remaining and some commercial leasing opportunities.
Two-bedroom apartments in Silo were selling for $539,000 plus.
Property Observer previously reported that <a href="/expert-insights/buying/a-not-so-little-project-for-brunswick-easts-tip-top-bakery-site">some of the apartments were being offered for rent</a>, with one-bedroom from $300 per week and two-bedroom from $420 per week, with a move-in from May.
The median price for <a href="/news">Brunswick East</a> units is $475,000, commanding a median advertised weekly rental price of $395, according to RP Data.
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Brunswick East's $215 million Tip Top bakery redevelopment sees settlements take place

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Fridcorp, the luxury Melbourne apartment developer, sold 141 apartments off the plan on Saturday in Sydney as apartment buyers search for something affordable in SONO (south of Newtown).
Some $100 million worth of the available 198 apartment stock sold in the first release in $145 million development, <a href="https://www.evebyfridcorp.com.au" target="_blank">Eve Apartments</a> in Erskineville through CBRE. 
Designed by DKO and Hecker Guthrie, Eve is Fridcorp’s first project outside of Melbourne. The apartments will have blond timber floors, streamlined galley kitchens and floor-to-ceiling doors leading out to balconies. There is also a communal rooftop garden.
The marketing campaign by Fridman’s founder Paul Fridman secured 5,000 names in pre-launch registration of interest for the apartments on the corner of Eve and Macdonald Streets.
<img src="/images/2014/05/27/eve-may-27-one.jpg" alt="">
<img src="/images/2014/05/27/eve-may-27-two.jpg" alt="">
Queues at the launch of Eve on Saturday 24 May. Source: Supplied.
Fridcorp acquired an adjacent Erskineville site in Sydney’s inner west beginning in March last year for $17.5 million which will see the project expand.
CBRE Residential Project Marketing managing director David Milton thinks proximity to public transport as a key influence in much of Erskineville's sales success of recent times. He noted that intending Eve owner occupiers exceeded the recent 65% that was evident at Leighton Properties' nearby Erko project.
Eve is a staged project overseen by Sydney operative, Craig Minahan and Colliers co-founder Bill McHarg with its partner, the mezzanine financier, Wingate Group which has $15 million of equity in Fridcorp’s project. 
The weekend success prompted Fridman to say: “You wouldn’t see this in Melbourne and in fact never in 17 years have I seen anything like this."
“My gut instinct is there is more demand than supply and it will continue to be that way for some time," he told the Australian Financial Review.
Fridman recently suggested the heat had come out of the Melbourne apartment market and while there was still demand, buyers had become more educated and discerning in their expectation of quality locations and fair pricing.
Fridman noted Sydney's average apartment costs more than the average Melbourne house.
Fridcorp’s Eve apartments were on average 15-20% dearer than the developer’s Melbourne apartments.
The two bedroom two bathroom apartments at Eve sold for an average of about $800,000, compared with Melbourne selling at around $670,000.
“Melbourne has more land to develop on whereas in Sydney it is hard to get land, so I think that is part of the appeal. We will probably sell out the rest over the next couple of weeks,” Fridman said.
<a href="/expert-insights/buying/fridcorp-s-eve-to-launch-tomorrow-in-erskineville">Eve's</a> one bedroom, one bathroom apartments are available from $525,000; two bedroom, one bathroom apartments from $750,000; two bedroom, two bathroom from $780,000; three bedroom, two bathroom from $1.1 million.
Of the apartments, 65% are one-bedroom from 50 square metres, 30% are two-bedroom from 72 square metres and 5% are three-bedroom, from 95 to 125 square metres.
Back in 2002 the property developer Austcorp International unveiled a new urban development, Motto, designed by Allen Jack + Cottier at Erskineville with prices starting at $329,000 for a 50 square metre one-bedder without parking and at $558,000 for an 82 square metre two-bedder.
David Milton was there in 2003 when 40 deposits were taken on the first weekend, with most interest from owner-occupiers, principally young professional couples.
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Eve in Erskineville secures $100 million in sales

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Fridcorp’s first Sydney project, Eve, is set to launch their display home on Saturday 24 May with around 200 new apartments coming to market. 
The Erskineville development, which includes one, two and three bedroom apartments, is situated on the corner of Eve and Macdonald Streets.
It is expected to be a glitzy affair after they sent out fancy scented candles to potential buyers, according to The Australian, and after <a href="/expert-insights/buying/fridcorp-host-completion-party-for-avenue-in-south-yarra">their recent launch of South Yarra development Avenue</a>, which saw Manu Fiedel catering and a number of models hired for the event.
With interiors from Hecker Guthrie and dKO Architects, <a href="https://www.evebyfridcorp.com.au" target="_blank">Eve</a> is 250 metres from the train station and 10 minutes to the CBD.
It includes views of Sydney Park to the CBD, wide frontages and balconies, storage space and a communal rooftop leisure deck with private central courtyard.
One bedroom, one bathroom apartments are available from $525,000; two bedroom, one bathroom apartments from $750,000; two bedroom, two bathroom from $780,000; three bedroom, two bathroom from $1.1 million. Each comes with parking, built in wardrobes and air conditioning.
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Fridcorp’s Eve to launch tomorrow in Erskineville

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The next time you look at buying a piece of land within a land estate, spare a thought for the land developer.
A few discussions this week with different large scale land developers reminded me of the number of layers they need to work through when developing raw land. Raw land is land that remains in its natural state and has had no development improvements, service connections, road works or other developments done to it so that you can build a dwelling there.
I certainly don’t envy the job of a large scale land developer as it takes literally years of work before they see any profits.
One developer told me that they’d been working with council for several years to get their development application (DA) for the land subdivision approved...and that was the easy bit.
Once a subdivision plan is approved the land developer then starts the real work in meeting the conditions of the DA consent so that they can apply for the construction certificate and then finally the subdivision certificate.  Then the final step is to have the individual lots that have been created, registered.
Once registered the purchaser can buy their piece of land and commence their own development journey. For Property Bloom it’s usually an application for a dual occupancy or a multi villa development.
Another land developer explained the stage they were at in one of their current subdivisions. After waiting longer than ever anticipated for the land to be rezoned there other major hurdle was seemingly simple.  
After obtaining the DA consent and in order to commence their civil works, drainage, sewer connections, road and other service connections, they needed permission to put down a 20 metre access crossover.
The owner of the land they needed to use to access their subdivision is the Catholic Church. The levels they had to work through to obtain this small 20 metre access gave the impression it was going all the way to the Pope for approval. Of course it wasn’t, but it was just an example used to convey the time some things can take.
It’s a great thing for us to work with these developers and our established relationships mean Property Bloom gets the low down on land that will be coming up in the near to medium term. We get a sneak preview of the subdivision plans before others so we can choose the lots most suited to our type of development. It gives us time to prepare our DA whilst waiting for the final registration of the land saving on valuable holding costs.
<a href="https://www.propertybloom.com.au/">www.propertybloom.com.au</a>
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The long road to large scale land development

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Maribyrnong is set for the launch of ICG Property’s latest apartment development, Mosaica, that has been designed by Rothelowman.
The apartments will have views of the Maribyrnong River, water, local parklands, Flemington Racecourse and city skyline.
The boutique block will feature 29 apartments with floor-to-ceiling windows, and a balcony or terrace.
<img src="/images/2014/05/22/maribyrnong-may-22-two.jpg" alt="">
Located on Horizon Drive, Mosaica features one-bedroom apartments ranging from 51 to 60 square metres from $395,000. Two-bedroom apartments from 66 to 74 square metres will be priced from $495,000, while a three-bedroom apartment opportunity spans 116 square metres for $795,000.
The bespoke interiors from Rothelowman, have director Kim Lowman noting that they’d aimed for a warm feel that allows purchasers to make their own stamp.
“We wanted individuals to be able to imbue their own character through their artwork and furniture, to set up their own style within the apartment,” Mr Lowman said.
“Externally, Mosaica presents a striking, contemporary façade with robust forms and clean lines.”
ICG Property director Michael Hepburn said that it’s in a dress circle location, opposite Pipemakers Park, and that the views cannot be built out.
<a href="/expert-insights/buying/melbournes-north-western-developments-seeing-strong-sales">In March Property Observer noted</a> the strong sales recorded in several other north-western Melbourne development projects.
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Rothelowman-designed Mosaica apartments to launch in Melbourne

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Hindmarsh’s $41 million 18-level  residential tower is undergoing construction, with a crane currently visible on the Sydney CBD site.
The development, <a href="https://aspiresydney.com.au/index.php" target="_blank">Aspire</a>, is in the southern part of the CBD, near Hyde Park, and is being built by Hindmarsh Construction. It is almost 100% sold.
Hindmarsh NSW state manager development, Steve Laffey, said that it is an important addition to their Sydney portfolio.
“The project has been successful in appealing to buyers at a time when demand for quality apartments in the CBD remains robust,” said Laffey. 
Including 48 apartments, it will include a podium level to Alberta Street. The two- and three-bedroom apartments, of which the majority are north-facing, have been selling from $840,000. They come with secure parking.
It is set for completion in December 2014.
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Construction progressing on $41 million Sydney CBD Aspire

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Mirka, a six-floor apartment block at St Kilda due for completion next year, will take its name from the octogenarian artist, Mirka Mora.
Some 25 of the 56 apartments have sold with prices ranging from $375,000 for one bedrooms to $695,000 for two bedroom two bathroom apartments.
<a href="https://www.mirkaapartments.com.au/enter.php" target="_blank">The Inkerman street block</a> has been designed by architect Ivan Turcinov, of Carabott Holt Turcinov. It will replace the 1970s three storey Barkly House office block.
There will be a mix of timber, glass, metal, concrete and bluestone. 
Mirka currently has major exhibitions of her works at the Heide Museum of Modern Art in Melbourne and Manning Clark House in Canberra.
There's already been a street named in her honour and a restaurant.
Mirka Mora was born in Paris in 1928 making Melbourne her home in 1951. Mirka Cafe in Exhibition Street opened in 1954, with one of the city's first Gaggia espresso machines and defying then council by-laws by putting tables and chairs on the sidewalk and pushed for the right to serve wine.
In 1964, French emigres Georges and Mirka Mora opened Tolarno in St Kilda, which became a haunt of writers, painters, politicians, sports stars and the fiercely loyal St Kilda community.
"Giving entry to the property market, becoming part of a portfolio for a seasoned investor or providing a unique home to a couple or family, these St Kilda, Melbourne apartments won't last for long," Look Property Group selling agents Paul Raimondo and Michael Robinson suggest. 
Mirka Mora appears in the <a href="https://www.youtube.com/watch?v=vUbx6GxOhrM" target="_blank">Happy craze youtube video</a>where locals dance through their village, parks and beaches, Fitzroy and Acland Streets in a clip to the Pharrell Williams tune directed by Aaron Wilson and produced by Serge Thomann.
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