<p>Builder-developer ALAND has drawn back the curtain on its first city-focused new apartment development.</p>

<p>The North Sydney development, <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-173-179-walker-street-north-sydney-nsw-2060">The Walden</a>, is the first time the company has ventured this close to the city, having previously completed thousands of apartments predominantly in Sydney's west, and more recently in Gosford.</p>

<p><a href="https://www.apartments.com.au/developers/aland">ALAND</a> acquired the prime North Sydney site, spanning Walker and Hampden Streets just down the road from the Victoria Cross Metro station, for $240 million in June.</p>

<p>Now they've unveiled the new project, a mix of one-, two-, three- and four-bedroom apartments across a 30-level building designed by Rothelowman.</p>

<p>[smartcode_project:default project_id=134323 project_image_fid=6384]</p>

<p>The Walden will capitalise on the site’s front-row position on the eastern fringe of the <a href="https://www.apartments.com.au/developments/north-sydney-nsw-2060">North Sydney</a> CBD, which offers uninterrupted Sydney Harbour views stretching from the Sydney Harbour Bridge all the way to Sydney Heads.</p>

<p>The main tower will be flanked by a small four-level amenity building known as The Pavilion, offering exclusive resident-only amenities including a dedicated concierge service, a sauna and private wellness studio, a gymnasium and fitness studio, a resort-style rooftop pool and sundeck.</p>

<p>There will also be a&nbsp;residents’ lounge, private dining and a wine cellar, and co-working facilities with an on-site meeting room and boardroom.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>[smartcode_project:default project_id=134323 project_image_fid=6382]</p>

<p>ALAND Founder Andrew Hrsto said the company knew they could create something "iconic" with The Walden when they saw the site.</p>

<p>&nbsp;</p>

<p>“As a company, we had been searching for a site in one of Sydney’s blue-chip locations, spanning the Eastern Suburbs, the Sydney CBD and the North Shore, and when we had the opportunity to purchase this site, we immediately recognised that it could be something iconic – being the last development with a view offering this exceptional.</p>

<p>“We identified the attributes and quality of the site as being perfectly aligned for ALAND – and we feel that this off-market acquisition is a perfect opportunity to showcase our craftmanship and expertise through a truly unique offering."</p>

<p>[smartcode_project:default project_id=134323 project_image_fid=6399]</p>

<p>Hrsto pointed to ALAND’s longstanding development expertise as a significant benefit in delivering a positive outcome for The Walden.</p>

<p>“Being a fully integrated development and construction business with a highly experienced team, we have the benefit of in-house experts across the development spectrum, from acquisitions, design, planning, and construction, to sales, marketing, property management, through to building management.</p>

<p>“As one of Australia’s largest private development and construction groups, we’ve been in operation for 23 years, with a Gold Star iCIRT rating and a 100 per cent delivery success rate across numerous masterplanned and mixed-use projects – and we’re very much looking forward to bringing this expertise to The Walden and contributing to the ongoing revitalisation of North Sydney."</p>

<p>The Walden is the latest development in Sydney to have the 10-year Latent Defects Insurance policy by Resilience Insurance, protecting buyers from any structural or waterproofing-related issues for 10 years post-completion.&nbsp;</p>

<p>Demolition of existing structures on The Walden site has already commenced through specialist civil contractor Moits, with the aim of completing preparatory ground works by the end of 2025, ahead of construction commencement in early 2026.</p>

<p>[smartcode_project_cta:default project_id=134323]</p>


Joel Robinson

ALAND unveils The Walden, North Sydney's latest luxury apartment development

<p><a href="https://www.apartments.com.au/developers/toga-group">TOGA</a> has opened sales for the final building in Macquarie Rise, its latest mixed-use development in Macquarie Park.</p>

<p>Since launching its <a href="https://www.apartments.com.au/new-apartments/macquarie-rise-122-herring-road-macquarie-park-nsw-2113">Macquarie Rise</a> in late 2023, TOGA has secured over 125 sales in the Herring Road development, to a range of purchasers, from first home buyers to investors and downsizers. Around 65 per cent of purchasers have been owner-occupiers.</p>

<p>TOGA has now launched a new release of one-, two-, and three-bedroom apartments in the final building, Saunders Rise. Many of the apartments feature multi-purpose rooms and offer views of the surrounding greenery. Also part of the release is a series of&nbsp;sub penthouses housed on the upper floors.</p>

<p>[smartcode_project:default project_id=89243 project_image_fid=242696]</p>

<p>&nbsp;</p>

<p>“We’re delighted with the ongoing strong interest in our Macquarie Rise development, which is testament to the need for premium housing in this much-loved Sydney suburb,"&nbsp;Allan Vidor AM, Managing Director at TOGA, said.</p>

<p>"We’re proud to be able to offer buyers a unique product that includes luxury amenities, spacious living areas and flexible layouts, designed to suit all kinds of buyers, from young professionals to families and investors.</p>

<p>“We have long been advocates of Macquarie Park, and once Macquarie Rise is complete, TOGA will have built 1,000 apartments in the area, delivering much needed homes within a thriving precinct. It’s great to see the area become renowned for high-quality apartments, proximity to amenities and green spaces."</p>

<p>TOGA, one of Australia’s few Gold Star iCIRT rated developers, is also handling construction of Macquarie Rise. They are on track to complete the building in 2027.</p>

<p>[smartcode_project:default project_id=89243 project_image_fid=310789]</p>

<p>Macquarie Rise boasts a prime location, placing residents within immediate reach of Macquarie Centre, Macquarie University, and the newly completed Macquarie University Metro, connecting to the Sydney CBD is just over 20 minutes.</p>

<p>&nbsp;</p>

<p>Macquarie Rise residents also have access to Club Rise, an exclusive, residents only lounge designed by luxury hotel designers Stack Studio, offering an abundance of work and break-out areas, a Pilates studio, a gym, and a karaoke room. As well as these premium amenities Macquarie Rise will also feature an impressive podium top 20m lap pool.</p>

<p>[smartcode_project:default project_id=89243 project_image_fid=242695]</p>

<p>“Offering luxury, spacious apartments in a vibrant and well-connected neighbourhood, it’s no surprise that Macquarie Rise remains popular with a range of buyers," said TOGA's General Manager of Sales, Anthony Falas.&nbsp;</p>

<p>"With interest rates tracking downwards, we expect the final apartments to continue to receive high levels of interest.”</p>

<p>Located at 122 Herring Road, Macquarie Park, the development will be delivered in partnership with Baptist Union NSW and Morling College with a value of over $400 million.</p>

<p>&nbsp;</p>

<p>[smartcode_project_cta:default project_id=89243]</p>


TOGA launches final stage apartments in Macquarie Rise

<p>Southern Cross Station anchors the western end of <a href="https://www.apartments.com.au/developments/melbourne-vic-3000">Melbourne</a>’s CBD, connecting metropolitan and regional rail with tram and bus interchanges in one of the city’s busiest transport corridors.&nbsp;</p>

<p>Just metres away, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a>&nbsp;will place residents in the heart of the city, with immediate access to Spencer Street trams, a growing mix of retail, hospitality and cultural venues, and a neighbourhood evolving into a lively residential precinct.</p>

<p>Developed by <a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a>, the 68-level project integrates a sculptural glass tower with the heritage-listed Eliza Tinsley Building on a 2,765 sqm Bourke St site.&nbsp;</p>

<p>[smartcode_project:default project_id=509 project_image_fid=335425]</p>

<p>Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, the development replaces a previously approved scheme for 813 apartments with a refined offering of just over 600 larger-format residences, responding to a growing owner-occupier demand for spacious city living.</p>

<p>The location sits within a dynamic pocket undergoing significant transformation. Marvel Stadium and the Docklands waterfront are less than 10 minutes away on foot, offering both sports and leisure attractions.&nbsp;</p>

<p>Bourke Street Mall, Queen Victoria Market, and the State Library are all within walking distance, while Flagstaff Gardens, Melbourne’s oldest park, provides a green escape just to the north.</p>

<p>&nbsp;</p>

<p>[smartcode_project:default project_id=509 project_image_fid=335422]</p>

<p>Proximity to some of the city’s largest employers and education hubs, including the courts precinct, legal chambers, RMIT, and major hospitals, makes 640 Bourke Street an appealing residential address for professionals, families and students alike.</p>

<p>Education opportunities span all levels. Nearby, Haileybury City Campus offers private schooling just a short walk from 640 Bourke Street. Just beyond the CBD fringe, Carlton Gardens Primary School, one of Melbourne’s oldest state primary schools, and Docklands Primary School provide convenient government schooling options.</p>

<p>Higher education is equally accessible. RMIT University’s city campus spans multiple buildings just a few blocks away, while the University of Melbourne’s Parkville campus is easily reached via tram along Swanston or Elizabeth Streets.</p>

<p>Victoria University’s City Queen campus, focused on law and business, is also close by, positioning 640 Bourke Street within walking distance of three of Melbourne’s major tertiary institutions.</p>

<p>[smartcode_project:default project_id=509 project_image_fid=335426]</p>

<p>The neighbourhood’s retail tapestry continues to evolve into something distinctly local and walkable. Just steps away, Woolworths Metro on Bourke Street ensures that everyday essentials are easily within reach.&nbsp;</p>

<p>For larger shopping trips, Spencer Outlet Centre on Spencer Street and QV Melbourne on the opposite side of the CBD broaden the offering with supermarkets, fashion, dining and specialty stores.</p>

<p>The lane-to-lane vibe unfolds beautifully in nearby arcades and alleys. Hardware Lane, with its European-style red-brick paving and alfresco dining, pulses with jazzy evenings and casual lunches.</p>

<p>A few minutes north, Howey Place and Centre Place offer leafy, boutique-lined lanes where hidden cafés and niche retailers congregate under historic glass-covered cloisters.</p>

<p>Completing this tapestry is the newly opened Mecca “beauty playground” on Bourke Street. Spanning 4,000 sqm over three levels, the flagship blends immersive retail within an art-deco heritage setting.</p>

<p>&nbsp;</p>

<p>[smartcode_project:default project_id=509 project_image_fid=335427]</p>

<p>This finely grained network of shops, eateries, arcades and service outlets defines the everyday lifestyle at 640 Bourke Street - further enriched by over 3,000 sqm of resident amenity including a Turkish-inspired pool, gym, co-working rooms and private cinemas.&nbsp;</p>

<p>Apartments are priced between&nbsp;$640,000 and $3.95 million. Off the plan stamp duty concessions available until October 2026. Prospective buyers can visit the on site display gallery which has&nbsp;fully built one, two, and three-bedroom apartments.</p>

<p>[smartcode_project_cta:default project_id=509]</p>


640 Bourke Street: A heritage address at the heart of Melbourne

<p>Lower North Shore development specialists&nbsp;<a href="https://www.apartments.com.au/developers/abadeen-group">Abadeen</a>&nbsp;has topped out its new local apartment development,&nbsp;<a href="https://www.apartments.com.au/new-apartments/northcote-collective-naremburn-2-6-northcote-street-naremburn-nsw-2065">Northcote Collective</a>.&nbsp;</p>

<p>Located in the tightly held suburb of <a href="https://www.apartments.com.au/developments/naremburn-nsw-2065">Naremburn</a>, Northcote Collective is a collection of just 58 one-, two-, and three-bedroom apartments designed by award-winning architects Rothelowman.&nbsp;</p>

<p>The building is just a five to 10 minute walk from the heart of Crows Nest and the new&nbsp;St Leonards and Crows Nest Metro stations. Abadeen has also brought doorstep convenience, with a ground-floor retail offering on Northcote Street.</p>

<p>Northcote Collective is being delivered by&nbsp;<a href="https://www.apartments.com.au/builders/decode">Decode</a> — an iCIRT-rated construction company well regarded in the new development industry.</p>

<p>[smartcode_project:default project_id=114189 project_image_fid=272840]</p>

<p>“This is an important and exciting moment for Northcote Collective, and we’re proud to celebrate this milestone with our partners, consultants, and future residents,” said Justin Brown, Executive Chairman and Founder of Abadeen.&nbsp;</p>

<p>“From the outset, our vision was to create something truly special for Naremburn — homes that respect the character of the neighbourhood while elevating the standard of Lower North Shore living. With connectivity to transport, retail on the doorstep and a true village lifestyle, this milestone also comes at a perfect time when buyer confidence is returning to the market. I am incredibly proud of our team and of Decode for their dedication in helping us bring this vision to life.”</p>

<p>[smartcode_project:default project_id=114189 project_image_fid=272865]</p>

<p>The development is two-tiered, with two rooftops for residents. The taller building has an impressive rooftop pool, a rare inclusion in the new Sydney apartment market. The level, with panoramic views, also includes an entertaining terrace with barbecue facilities.</p>

<p>Local downsizers and young professionals are showing the strongest interest in the development, with recent improvements in the property market — supported by three rate cuts in 2025 — boosting borrowing power and buyer confidence.</p>

<p>Auction activity across Sydney surged by almost 30 per cent in recent weeks, with clearance rates above 70 per cent — signalling a renewed wave of buyer demand.</p>

<p>Northcote Collective will welcome buyers in 2026.</p>

<p>[smartcode_project_cta:default project_id=114189]</p>


Abadeen tops out Northcote Collective in Naremburn

<p>Sunshine Coast-based <a href="https://www.apartments.com.au/developers/devcon-property-group">Devcon Property Group</a> has acquired one of Maroochydore’s most prominent development sites for $12 million unlocking the potentialfor a mixed-use project in the Cotton Tree precinct.</p>

<p>&nbsp;</p>

<p>The 4,178 sqm site at 41–43 Aerodrome Road—well known locally as the former home to one of Australia’s last Sizzler restaurants—was sold via an off-market expressions of interest campaign by Colliers agents Nick Dowling and Baydn Dodds. More than 70 targeted buyer groups were approached, resulting in multiple competitive offers for the property.</p>

<p>Devcon Property Group Managing Director Michael Kain said the acquisition was a strategic move in line with the company’s focus on delivering high-quality projects in prime coastal locations.&nbsp;</p>

<p>“We’re excited about the possibilities this site, in one of the Sunshine Coast’s most iconic beachside &nbsp;communities, offers for a broad range of development outcomes,” Kain said.</p>

<p>“Its location, ocean view potential, and proximity to the Maroochydore CBD and beach make it an &nbsp;outstanding development prospect. Our plans are to refurbish the existing building and then review &nbsp;development options for the remainder of the site.”&nbsp;</p>

<p><img alt="Aerodrome Rd site overlooking Beach (Large)" data-entity-type="file" data-entity-uuid="a29dc4ed-68c1-4bec-a4fc-283063dcde1e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aerodrome%20Rd%20site%20overlooking%20Beach%20%28Large%29.jpg?VersionId=b0WxJWevmLoAfCP4YvGImZpR3rSCJJ9L" /></p>

<p>Colliers Special Projects Manager Baydn Dodds said the sale reflected the ongoing strength of the &nbsp;Sunshine Coast’s development site market, particularly for projects capable of achieving water views. &nbsp;</p>

<p>“Sites of this scale, in walkable beachside locations with ocean views, are tightly held and continue to attract significant interest from both local and national developers,” Baydn Dodds said. &nbsp;</p>

<p>“Holding a prominent position as the former home to one of Australia’s last Sizzler restaurants and more recently occupied by Rashays, the prime site is located just 150 metres from Maroochydore Beach.&nbsp;</p>

<p>“With stunning ocean view potential, located in one of the Sunshine Coast’s best known iconic &nbsp;beachside communities, within steps of shops, cafes and the beach it is no surprise that there was strong interest in the site. The transaction highlights the ongoing depth of demand for well-located &nbsp;mixed-use sites across the Sunshine Coast.”&nbsp;</p>

<p>Colliers Sunshine Coast Managing Director Nick Dowling said the transaction reinforced the &nbsp;Sunshine Coast’s status as one of Australia’s most active development markets.&nbsp;</p>

<p>“The combination of strong population growth, lifestyle appeal, and infrastructure investment is &nbsp;driving demand for quality development opportunities,” Nick Dowling said. &nbsp;</p>

<p>“The Sunshine Coast is one of only three markets nationally to record an increase in crane numbers, &nbsp;reflecting the strength of the region’s construction pipeline.&nbsp;</p>

<p>“Opportunities like this are rare and continue to generate strong buyer interest in the region.”&nbsp;</p>

<p>The Sunshine Coast development market is booming, with several high-profile developers like Cube Developments, Gardner Vaughan Group, and RCQ, planning developments in the region.</p>


Devcon buys Sunshine Coast’s former Sizzler site for new apartment development

Office Tower

<html><body>
<p>Centuria Property Funds Limited has announced that contracts have been exchanged to sell 2-10 Wentworth Street, Parramatta, NSW for $105.3 million.</p>
<p>Settlement is expected to occur in Q1 CY2020. The A-grade office tower was purchased in December 2014 for $45.1 million.</p>
<p>Commenting on the sale of the property, Centuria joint-CEO Jason Huljich said, "when we purchased Wentworth Street in December 2014, our view was that the Parramatta office market was poised to benefit from a number of positive factors, including improving infrastructure links, the decentralisation of NSW government departments, and the overall gentrification of the area."</p>
<p>“At the same time, A-grade office vacancy was below 1%, which we believed could support stronger tenant appetite for quality office properties, which in turn would mean upward pressure on rents – which the Parramatta market has seen in recent years,” he said.</p>
<p>Over the past five years Centuria completed leasing transactions over 90% of the property (9,807 sqm) and achieved sizable rental growth – from an average of approximately $497 per sqm gross at acquisition to $617 per sqm gross at sale – an increase of 34%.</p>
<p>Mr Huljich explained that Centuria has a strong focus on creating value for unitholders, by maintaining close relationships with tenants and actively responding to their needs.</p>
<p>“Quality tenants underpin the strong, reliable income streams,” he said.</p>
</body></html>

j.ballantyne1990-6AQqhLzZaK

Centuria sells Parramatta office tower for $105 million

<html><body>
<p>The NSW Government have approved two new office towers to be located above the future Martin Place Metro Station.</p>
<p>Premier Gladys Berejiklian, planning and public spaces minister Rob Stokes and minister for transport Andrew Constance announced the approval of a 39-storey office tower (pictured below) above the northern entrance of the under-construction Metro Station and a 29-office storey tower (pictured top) above the southern entrance.</p>
<p>Ms Berejiklian said the towers will create more than 2500 jobs during construction, and house nearly 9000 office, retail and hospitality workers once complete. </p>
<p>“Sydney is Australia's only truly global city and developments like this continue to elevate our status,” Ms Berejiklian said.</p>
<p>“The Martin Place development is a win for the community and a win for taxpayers, with Macquarie Group helping pay for the metro station build as part of the deal.” </p>
<p><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/2019/8/21/Martin%20Place%20Towers%201.jpg" alt=""></p>
<p>Mr Stokes said the integrated station and towers is a great example of well-designed development being built in the right areas.</p>
<p>“These towers, which underwent a rigorous assessment by the Department and an independent design review panel, will enhance Martin Place’s position as a jobs and transport hub in the heart of the CBD,” Mr Stokes said.</p>
<p>“The new metro precinct will connect the existing T4 line with the Sydney Metro and will include shops, restaurants, offices and connections to Hunter, Elizabeth and Castlereagh Streets for commuters and workers.”</p>
<p>Mr Constance said construction of the towers will happen at the same time as the new Martin Place Station is being built underground, with the buildings to be completed in time for the Metro line’s opening in 2024.</p>
<p>“Once completed, the Metro will connect metro rail services from Chatswood, through a new line under the harbour and city, to Sydenham, where they will run on the existing Bankstown Line.”</p>
<p> </p>
</body></html>

jrobinson-rf4aSBido9

Green light for Martin Place metro office towers

<html><body>
<p>The plans for a new $300 million commercial project in the heart of Adelaide’s CBD have been revealed.</p>
<p>Located on the corner of Pirie Street and Freemasons Lane, on the former Planet Nightclub site, 83 Pirie will introduce approximately 30,000 square metres of A-grade office space.</p>
<p>The building, designed by Woods Bagot and developed by Cbus Property, will span 17 levels of office, as well as a 300 square metre rooftop terrace, an onsite wellbeing lifestyle centre and 365 square metres of ground plane retail.</p>
<p>The project will also have features such as electric car charging stations and of-trip facilities.</p>
<p><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/2019/2/19/83%20PIRIE_CBUS%20PROPERTY_FACADE51.jpg" alt=""></p>
<p>Cbus Property CEO, Adrian Pozzo, said there is strong market demand for new, A-Grade commercial workspace in Adelaide.</p>
<p>“There is a distinct lack of supply for contiguous new built commercial stock in Adelaide’s city centre,” Pozzo said.</p>
<p> “This demand is driven by positive employment rates and sustained spending across defence, renewable energy and technology sectors, including the implementation of the 10 Gigabyte Adelaide initiative, which indicates demand will only increase.</p>
<p>“We recognise that the workplace is changing and tenant requirements are evolving so it was an ideal opportunity to create a new benchmark for office design in Adelaide.</p>
<p>“Tenants are not only looking for innovative workspaces that offer flexibility and foster a collaborative and engaging work environment but also leading design incorporating innovative technology, sustainability and wellness initiatives which is exactly what 83 Pirie will deliver.”</p>
<p><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/2019/2/19/83%20PIRIE_CBUS%20PROPERTY_LANEWAY61.jpg" alt=""></p>
<p>Andrew Beasley, National Director of Office Leasing at Colliers International, said tenants at 83 Pirie will benefit from heightened connectivity throughout Adelaide’s CBD.</p>
<p>“Over the past few years, we have seen an increased appetite from domestic institutional developers and investors in Adelaide, which was once traditionally dominated by private developers,” Beasley said.</p>
<p>“The shift from private to institutional investment has created new standards for building design and architecture and with only two new buildings to be completed this year and new supply for 2020 unlikely, tenant demand is strong.</p>
<p>“This combined with 83 Pirie’s highly efficient 1,750 square metres side core floorplates and exceptional views from the upper floors will appeal to a high calibre of commercial tenants, spanning major corporates and state and federal government.</p>
<p>“Ideally located in the heart of Adelaide, Pirie Street has unrivalled links to culture and lifestyle amenity, including popular eateries, which has seen it become known as the CLD.</p>
<p>“While it has a strong lifestyle offering, Pirie Street still remains an important part of the commercial district with corporate occupiers keen to have proximity to other professional service firms, car parking stations and the nearby retail amenity.”</p>
<p>83 Pirie’s design and architecture was will complement the existing streetscape and nearby heritage buildings, said Thomas Masullo, Director, Woods Bagot.</p>
<p>“83 Pirie’s bold form echoes the low-rise and heritage fabric of the high street architecture,” he said.</p>
<p>“Elevated above the podium, the tower rises to take its place in the city skyline, with repetition of angled glass panels across the façade creating an elegant and sophisticated design aesthetic.</p>
<p>“The tower will make an enormous contribution to the social and economic fabric of the precinct and our great city.”</p>
<p>Construction of 83 Pirie will commence once a pre-commitment is secured and is expected to take around two years to construct.</p>
</body></html>

Plans revealed for new $300 million Adelaide CBD office project

<html><body>
<p>Lendlease has officially opened Australia’s tallest engineered timber office building, 25 King in Brisbane.</p>
<p>Designed and manufactured by Lendlease and sold to IIG, the ground floor plus nine-storey timber commercial tower features open and flexible office spaces.</p>
<p>Global engineering firm, Aurecon, has committed to 6,500 square metres on a 10-year lease and currently occupies 43.5% of the net lettable area, with IIG working with Lendlease to secure new tenants for the remaining office space.</p>
<p><img src="https://www.urban.com.au/images/2018/11/22/25%20king%202.JPG" alt=""></p>
<p>Located in the Brisbane showgrounds precinct, Lendlease is targeting a 6 Star Green Star rating, 5 Star NABERS Energy rating and WELL Core &amp; Shell rating for the 25 King Street tower.</p>
<p>The building is LendLease’s fifth engineered timber building in Australia.</p>
<p>The 65 metre tall tower is a Queensland first and the world's largest by gross floor area.</p>
</body></html>

Australia's tallest timber office tower 25 King unveiled

<html><body>
<p><span lang="en-CA">National construction group, Built has announced the sale of its Sub Station No.164 development at 183-185 Clarence Street in Sydney to global real estate investment group, TH Real Estate.</span></p>
<p><span lang="en-CA">TH Real Estate have made the $180 million deal for the FJMT designed development </span>on a fund-through basis with Built undertaking the construction of the project.</p>
<p><span lang="en-US">Built will also become the anchor tenant, pre-committing to lease four floors for its new Sydney head office to showcase the group’s experience across development, construction and managing complex heritage sites.</span></p>
<p><span lang="en-CA">Brett Mason, Built Managing Director said </span>“Sub Station No.164 is unlike any other development in Sydney right now in creating what we clearly see as heritage development of the future” he said.</p>
<p><span lang="en-CA">“We’ve already had strong enquiry on the leasing front that clearly talks to the quality and rare opportunity presented by this development and we look forward to working closely with TH Real Estate to bring our clear vision to a reality,” he said.</span></p>
<p><span lang="en-CA">Sub Station No.164 will ambitiously revitalise two historic Sydney buildings into one of Sydney’s most innovative office towers and become a benchmark for heritage buildings of the future.</span></p>
<p><span lang="en-CA">The A-grade, </span><span lang="en-US">7,867 </span><span lang="en-CA">sqm office tower will come equipped with a seven-level sculptural glass extension making an addition to Sydney’s skyline. </span></p>
<p><span lang="en-CA"><img src="https://www.urban.com.au/images/2018/11/8/Sub%20Station%202.JPG" alt=""></span></p>
<p><span lang="en-CA">The development will also include the restoration and refurbishment of seven floors in the existing heritage Shelley Warehouse and adjoining former electrical substation, which provides the project’s namesake.</span></p>
<p><span lang="en-CA">The development is targeted for completion in 2020.</span></p>
</body></html>

TH Real Estate acquires Built’s heritage development in Sydney

<html><body>
<p>After more than two years of construction, 100 Mount Street, North Sydney has reached its highest level, marking a significant milestone. for this landmark building.</p>
<p>100 Mount Street is a 35 Level, new-generation office building spanning 42,100 sqm that has become the tallest commercial tower on the North Sydney skyline.</p>
<p>The development will adopt the latest in smart building technology.</p>
<p>The development is owned by Dexus and Dexus Wholesale Property Fund and is being built by Laing O’Rourke, who are also an anchor tenant. The development has attracted interest multiple businesses, including NBN Co, and is 63% leased ahead of the expected completion in early 2019.</p>
<p>The development is estimated to bring around 4,000 workers to the North Sydney CBD.</p>
<p>Laing O’Rourke’s Australia Hub Managing Director, Cathal O’Rourke, said, “the building adopts a number of sustainability initiatives, including a double skin façade, that will enhance customer comfort and significantly reduce energy consumption.”</p>
<p>Trent Zimmermann MP, Member for North Sydney said, “the construction of this landmark building reinforces Sydney’s global reputation as one of the most dynamic growth cities of the world, providing benefits to the public and the economy, including healthier built environments, energy efficiency and employment drivers.” </p>
<p>The Member for North Shore, Felicity Wilson MP, also attended the ceremony saying, “100 Mount Street is a symbol of the continued strength of the NSW economy. The Government is investing in critical infrastructure that will provide new connectivity benefits to the workers at 100 Mount Street, with the nearby new Victoria Cross Metro Station making commuting and doing business easier.”</p>
</body></html>

North Sydney's tallest commercial building has topped out

<html><body>
<p>GDI Property Group has moved to sell 50 Cavill Avenue following its completed refurbishment.</p>
<p>They have secured a 97 percent occupied office tower with lower leasing incentives than other major centres.</p>
<p>Comprising an NLA of 16,625sqm over 22 levels with 446 secure car parks, the tower is the Gold Coast’s largest A-grade office building.</p>
<p>It hosts many groups including but not limited to the Mantra Group, Regus, Nine Network Australia, Ray White Group, Bell Potter, PWC and McCann World Group, as well as CBRE’s Gold Coast headquarters.</p>
<p>Following its purchase of the tower in 2016, GDI Property Group completed several renovations, including new energy efficient air-conditioning, high speed destination control lifts, ground floor retail and end of trip facilities.</p>
<p><img src="https://www.urban.com.au/images/2018/10/4/Cavs%202.JPG" alt=""></p>
<p>CBRE have an expressions of interest campaign for the corporate tower.</p>
<p>Investors are being told it offers both the benefit of continued rental growth and low future capex requirements given the limited competition of A-grade commercial space in the strengthening Gold Coast market.</p>
<p>CBRE advised there are no new significant projects in the pipeline.</p>
<p>Offers are due November 13.</p>
</body></html>

Gold Coast's largest A-grade office building hits the market

<html><body>
<div title="Page 1">
<p>A $28 million office block is proposed for 4-6 York Street, Sydney.</p>
<p>The proposal also includes additions and alterations to 341 George Street.</p>
<p>The 13 storey office building Candalepas Architects-designed proposal is an integrated development under the Heritage Act 1977 proposed by the Cheng family patriarch Tony Cheng, who runs NGI Investments.</p>
<p>The site of the former Bank of NSW Head Office, which cost $57 million in 2002, is historically significant as the location from 1853 to 1970 was the principal office of Australia's first and largest private bank.</p>
<div title="Page 14">
<div>
<div>
<p>The building's official opening was held on Saturday 19 March 1932— the same day as the Sydney Harbour Bridge opened.</p>
<p>The building reflects the period of commercial optimism that preceded the Great Depression and with the prominent architectural firm of Robertson &amp; Marks who have worked on the building since its construction.</p>
</div>
</div>
</div>
<p>341 George Street (below) is aesthetically significant as a substantially intact example of the Inter-War Commercial Palazzo style. It contains a richly detailed Banking Chamber, which is still in use as such (although reduced in scale), with original fittings, furniture and extensive finishes of marble, scagliola and pressed metal.</p>
<div title="Page 1">
<div>
<div>
<p><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/2018/5/29/york2.jpg" alt=""></p>
<p>The new building will be physically connected to the existing building at 341 George Street, and there will be access between most floors of the two buildings which will necessitate some alterations to the existing building.</p>
<p>The building at 341 George Street is of state heritage significance. The 4–6 York Street site is not heritage listed.</p>
<p>The allotment at 4–6 York Street and the building at 341 George Street are located on a city block bounded by George Street, Wynyard Street, York Street and Barrack Lane.</p>
<p><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/2018/5/29/york3.jpg" alt=""></p>
<p>Martin Place is directly opposite George Street to the east, and Wynyard Park is located to the north across Wynyard Street.</p>
<p>The site is significant for its landmark qualities and together with the adjoining former CBC Bank Head Office (343 George Street) it terminates the western vista of Martin Place and forms part of the significant precinct of historic public and private commercial buildings near the junction of Martin Place and George Streets. </p>
<p>The site was originally part of the military barracks and was sold into private ownership in 1850. By 1882 it appears to have been developed into part of Sydney’s growing commercial district. </p>
<p>The Bank of New South Wales, the oldest corporation of its kind in Australia, was founded in Sydney in 1817.</p>
<div title="Page 16">
<div>
<div>
<p>The building remained the Head Office of the Bank of New South Wales until 1970, when the continued growth of the Bank has again made a larger head office building necessary.</p>
<p>After 117 years on the site the operation moved to a newly erected high-rise building, 60 Martin Place, on the corner of Macquarie Street.</p>
<p>In 2002, Westpac Banking Corp sold the site (341 George Street and 4–6 York Street) to NGI Investments.</p>
</div>
</div>
</div>
<div title="Page 17">
<div>
<div>
<p>In October 2006, the Westpac Bank was temporarily closed to allow for the conservation and upgrading of its premises, which included the restoration of the original floor, walls, ceilings and screens on the ground and first floors. The bank reopened in April 2008.</p>
<p>Currently the Westpac Bank continues to occupy the basement, ground and mezzanine levels. </p>
<p>The allotment at 4–6 York Street has remained largely vacant since the bank acquired the land in 1934.</p>
</div>
</div>
</div>
<div>
<div>
<div title="Page 26">
<div>
<div>
<p> <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/2018/5/30/york3.jpg" alt=""></p>
</div>
</div>
</div>
<div title="Page 27">
<div>
<div>
<div title="Page 1">
<div>
<div data-hveid="41" data-ved="0ahUKEwjAsbHek5rbAhWBe7wKHfTYAMYQFQgpKAEwAQ">
<div>
<p>It was in 1850 when two allotments of the old barracks site were purchased at the corner of Wynyard and George Streets by Felix Wilson, Donald Larnarch and Robert Campbell at a cost of 1410 pounds.</p>
<p>They were buying on behalf of the Bank of New South Wales in preparation for the building of a new head office.</p>
</div>
</div>
</div>
</div>
<div title="Page 9">
<div>
<div>
<p>The further continual growth of the bank’s business, which was a result of the goldrushes in Victoria and New South Wales, necessitated still further space.</p>
</div>
</div>
</div>
<div title="Page 13">
<div>
<div>
<p>The architectural plans were prepared by Robertson and Marks. </p>
<p>Early photographs show that the banking chamber had an attractive tiled floor and rich wood panelling. There were fluted columns with Corinthian capitals and a big clock in ornate wooden case on the southern wall. </p>
<p>Business continued to expand and just before the First World War 341 George Street once again began to feel cramped.</p>
<p>According to Board minutes in 1913 the Board was considering the erection of a new high-rise building on the site to exploit its prominent position and to take advantage of the 150-feet construction height limit.</p>
<p>It was at this time that the Bank purchased three adjoining sites on Wynyard Street, but such matters as further extension were forgotten in the events of 1914–1918.</p>
<p>In the course of the war no fewer than 40 per cent of the Bank’s male staff was enlisted in the services.</p>
<p>In May 1925, the Board resolved that a new head office should be built. It was also decided that an Australian architect should be employed and that the building be of similar style of architecture to that of the Equitable Buildings in Sydney and Melbourne. </p>
<p>The Commercial Banking Company of Sydney had then reached the final stages of the construction of its own Head Office, and the Bank of NSW Board resolved that the new building should be of the same height as its neighbour.</p>
</div>
</div>
</div>
<div title="Page 14">
<div>
<div>
<p>In July 1925, the firm of Robertson &amp; Marks was again asked to supply plans.</p>
<p>In 1927 the Board resolved that the tender of Howie, Moffat &amp; Co. Ltd. for the erection of the premises for the sum of £551,379 be accepted.</p>
<p>The existing building at 341 George Street was erected in two stages to allow banking operations to continue. Demolition of the western section of the old premises commenced on 27 August 1927.</p>
<p>In 1934 the Bank purchased more land fronting Wynyard and York Streets (4–6 York Street). The building that had previously occupied the site had been demolished in the 1920s, but the Bank did not build on the area. Since then the allotment at 4–6 York Street has remained substantially undeveloped.</p>
</div>
</div>
</div>
<div title="Page 15">
<div>
<div>
<p>The United States Consulate rented premises in the building from the 1930s to 1970. During World War II, U.S. General Douglas Macarthur used the Board Room for staff meetings. According to notes in the Westpac Archives it was also the scene of an occasional Court Martial.</p>
</div>
</div>
</div>
<div title="Page 16">
<div>
<div>
<p>In 1949 the Bank entered a field which was previously under the monopoly of government owned institutions, savings bank operations which led to an expansion in the Bank’s operations and they began to fill more floors of the 341 George Street building.</p>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
<div>
<div data-hveid="41" data-ved="0ahUKEwjAsbHek5rbAhWBe7wKHfTYAMYQFQgpKAEwAQ">
<div>
<h3>
<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/2018/5/30/george.jpg" alt=""> </h3>
</div>
</div>
</div>
</div>
<div title="Page 17">
<div>
<div>
<p>The earlier phase of occupation relating to the 1840s Military Barracks is likely to be significant.</p>
<p>It is known that the barracks were demolished and the salvageable building materials sold; however, there is still some potential for footings and occupation deposits to survive.</p>
<p>The archaeology of this site may have the potential to demonstrate information about the use of the barracks not otherwise documented.</p>
<p>Remains from this early period use of the site are therefore likely significant for both their historical values and their research values.</p>
</div>
</div>
</div>
<div title="Page 55">
<div>
<div>
<p>It appears from the archival photography that the construction of the railway tunnels under the western part of the site involved drilling through the rock below the site and not excavation from above. Thus, there is potential for archaeological remains and deposits surviving on the western part of the study area. The proposed construction footprint on the new building will impact on potential Aboriginal and non- Aboriginal archaeology.</p>
</div>
</div>
</div>
<div class="page" title="Page 57">
<div class="layoutArea">
<div class="column">
<div title="Page 1">
<div>
<div>
<p>GML Heritage was engaged by 6 York Street Pty Ltd to provide heritage and archaeological services in relation to the proposed construction of a new building on the mainly empty allotment at 4–6 York Street, Sydney.</p>
</div>
</div>
</div>
<div title="Page 5">
<div>
<div>
<div>
<p>The report has been prepared by Anna Simanowsky, GML Senior Heritage Consultant. The archaeological assessment was prepared by Jodi Cameron, GML heritage consultant, archaeologist. </p>
</div>
</div>
</div>
</div>
<p><span> </span></p>
<p><span> </span></p>
</div>
</div>
</div>
</body></html>

jchancellor-FAypfDUnLy

Former Westpac heritage-listed headquarters set for revitalised office complex on George Street

<html><body>
<p><span lang="EN-GB">Mirvac’s<span class="Apple-converted-space"> </span></span><span lang="EN-US">flagship Sydney commercial development, the EY Centre at 200 George Street, has won the SAS International Award for Best Office Development at the Property Council of Australia’s 2018 National Innovation &amp; Excellence Awards.<span class="Apple-converted-space"> </span></span> </p>
<p>Campbell Hanan, Mirvac's head of office and industrial, said they knew the the EY Centre was going to be an important building.</p>
<p>“We are incredibly proud that the hard work of the Mirvac team and our partners has been recognised with the achievement of this prestigious Property Council of Australia Award for the EY Centre," Hanan said.</p>
<p><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/2018/5/14/EY3.jpg" alt=""></p>
<p>"From the project’s inception, we knew it was going to be an exceptional building that would make a significant contribution to the Sydney CBD community.</p>
<p>"This award is great recognition of the EY Centre and all of those involved in its development.” </p>
<p>Mirvac worked closely with a number of partners to create the EY Centre and deliver one of Australia’s first ‘smart’ buildings.</p>
<p class="x_MsoNormal"><span lang="EN-US">Award-winning architects Francis-Jones Morehen Thorp (FJMT) designed a distinctively sculptural, 37-storey building that employs a world-first timber-and-glass closed cavity façade system giving it a unique appearance – an instantly recognisable structure defined by its shimmering, organic, golden-hued curves. <span class="Apple-converted-space"> </span></span></p>
<p class="x_MsoNormal"><span lang="EN-US"><span class="Apple-converted-space"><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/2018/5/14/EY2.jpg" alt=""></span></span></p>
<p class="x_MsoNormal"><span lang="EN-US">The building’s innovative sustainability credentials and world-class achievements contributed to its success, as the EY Centre has a string of Green Star ratings as well as a 5.5 Star NABERS Energy rating. <span class="Apple-converted-space"> </span></span></p>
<p class="x_MsoNormal"><span lang="EN-US">It is also Australia’s first fully LED lit building, resulting in reduced power consumption costs, lower maintenance cycles and a reduction of landfill.</span></p>
<p class="x_MsoNormal"><span lang="EN-US">Automated timber blinds, combined with vertical timber shading elements and three layers of performance glazing, combine to create an advanced environmental skin.  </span></p>
<p class="x_MsoNormal"><span lang="EN-US">This unique system, the first of its type in Australia, adjusts to external factors and occupant preference.</span></p>
<p class="x_MsoNormal"><span lang="EN-US">Mirvac have their HQ in the building on level 28.</span></p>
<p class="x_MsoNormal"><span lang="EN-US">Their offices achieved Australia’s first Gold WELL rating from the International WELL Building Institute in 2017.</span></p>
<p class="x_MsoNormal"><span lang="EN-US"> </span></p>
<p><span lang="EN-US"> </span></p>
<p> </p>
<p class="x_MsoNormal"><span lang="EN-US"> </span></p>
</body></html>

Mirvac wins Best Office Development Award for EY Centre

<html><body>
<p>Lendlease has lodged approval for a new precinct and office tower on George and Pitt street in the heart of Circular Quay.</p>
<p>The development application proposes a 55-storey premium grade office tower, Circular Quay Tower, with a mixed-use podium, retail-lined laneways and a new hospitality offering at Jacksons on George.</p>
<p>The proposal offers a range of public benefits with more than 45 per cent of the precinct dedicated to community infrastructure being delivered for the City of Sydney, including George Street Public Plaza, Rugby Place Public Plaza, a Public Cycle Facility, public art and a three-storey community building.</p>
<p>Mark Menhinnitt, managing director of urban regeneration, said the proposed design is a major win for Sydney as it looks to find new ways to reinvent spaces in the CBD.</p>
<p>“In collaboration with the City of Sydney and Foster + Partners, we have developed a scheme that opens the ground plane to create as much community infrastructure as possible,” he said.</p>
<p>“Circular Quay has long been a renowned attraction in Sydney. Our ambition for this project is to create a place that workers, visitors and the surrounding community love.</p>
<p>"We want to create a place that people are drawn to – from retail-lined laneways and public plazas to a landmark tower worthy of its prime location.”</p>
<p>World leading architect firm Foster + Partners was chosen to progress the design of the tower which could become Sydney’s tallest office building with 55 storeys and a height of up to 263 metres, with its architectural roof feature.</p>
<p class="x_MsoNormal"><span><span class="Apple-converted-space"><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/2017/11/30/CQT.jpg" alt=""></span></span></p>
<p>Gerard Evenden, senior executive partner at Foster + Partners, said they had considered everything in the design – from the tower’s scale and floorplates to the amenities and technology – to provide flexibility, connection and wellbeing for tenants’ workers.</p>
<p>“With many levels boasting spectacular views of Sydney’s landmarks, the tower will encompass functionally flexible open space floorplates that enjoy north facing workspaces,” said Mr Evenden.</p>
<p>The company’s sustainable approach to architecture aligns closely with Lendlease’s sustainability principles, with the entire precinct targeting 6 Star Green Star certification and a 5 Star NABERS Energy rating.</p>
<p>The development application, which is subject to approval by the Central Sydney Planning Committee, is now on public exhibition. Consent has been granted for the demolition development application for the site. Early works are underway with demolition expected to start soon.</p>
<p>In December 2016, Lendlease confirmed Ping An Real Estate and Mitsubishi Estate Asia as development partners.</p>
<p><span> </span></p>
</body></html>

Office Tower

Editor's Picks

Have something to contribute?

The latest real estate & off the plan properties & news, delivered to your inbox.

Developments

New apartments

New townhouses

News

The latest real estate & off the plan properties & news, delivered to your inbox.

Office Tower

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

The latest real estate & off the plan properties & news, delivered to your inbox.

Developments

New apartments

New townhouses

News

The latest real estate & off the plan properties & news, delivered to your inbox.