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

Joel Robinson

Cedar Woods progresses with new apartment plans in Southbank arts precinct

Brisbane developers Core Property Partners and Vector Property Australia has teamed up for Brisbane's newest apartment development.

The duo identified <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as their preferred suburb, on the fringe of the Gabba Precinct, where they've just revealed BANKSII, 72 apartments opposite Raymond Park.

[smartcode_project:default project_id=136432 project_image_fid=5481]

The one-, two-, and three-bedroom apartments will sit in a glass-wrapped building that will also feature a rooftop with an&nbsp;infinity-edge pool, a BBQ area and alfresco dining spaces, sun lounges, and a sauna, as well as a resident-only gym and a ground-floor cafe.

Rhett Williams, Director of Vector Property Australia, said the project will lift the quality of the East Brisbane community and set a new benchmark.

"In Brisbane’s current property landscape, <a href="https://www.apartments.com.au/new-apartments/banksii-east-brisbane-169-wellington-road-east-brisbane-qld-4169">BANKSII</a> stands out through its emphasis on lifestyle-oriented living, connectivity and sophisticated design," Williams says.

[smartcode_project:default project_id=136432 project_image_fid=5479]

The 10-level building has been designed by MAS Architecture. Their designs were inspired by the native Banksia flower, with the architecture and interiors reflecting the organic symmetry of its namesake flora. MAS has interpreted this throughout the building’s curved form, façade detailing and interior palette.&nbsp;

The building’s flowing geometry and natural tones are complemented by large balconies and floor-to-ceiling glazing, maximising cross-breezes, daylight and views over the city, parklands and river.

“Having a strong narrative for a building helps us architecturally,” MAS noted. "We can choose colours that come off that species of flowers. The trunk and the trees and the flower elements all are now visible in our joinery on the inside and in our architectural finishes on the outside."

[smartcode_project:default project_id=136432 project_image_fid=5485]

Apartments will feature timber floors, soft porcelain tiles, brushed bronze fittings, and stone benchtops with warm veining.&nbsp;

Kitchens feature premium SMEG appliances and generous storage, while bathrooms have been designed as calming retreats with curved cabinetry and twin sinks in the master ensuites.

The building will feature a suite of rooftop and wellness amenities. Residents will have access to an infinity-edge pool, BBQ and alfresco dining areas, sun lounges and a rooftop sauna.&nbsp;

A residents-only gym will be located on the podium level, while a ground-floor café and landscaped laneway will further activate the site and improve neighbourhood connectivity.

[smartcode_project:default project_id=136432 project_image_fid=5488]

BANKSII will rise from a prime Wellington Road site, with the building oriented to overlook the adjacent Raymond Park and take in extensive city views. It is also on the doorstep of key&nbsp;lifestyle infrastructure, including the future Kangaroo Point Green Bridge, The Gabba stadium, and the planned Brisbane Live arena.&nbsp;

Public transport options, including ferry, bus and rail - including the future Cross River Rail Woolloongabba station - are all nearby, supporting a car-optional lifestyle just minutes from the CBD.

Williams said the team spent over a year searching for the ideal site before securing this location.

"We were attracted to <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as it is a vibrant and growing community that offers a perfect balance of urban convenience and natural beauty with the parklands and river on our doorstep.”

The project is part of the broader Woolloongabba Games precinct, which is undergoing significant investment in the lead-up to the 2032 Brisbane Olympics. This urban renewal, coupled with infrastructure upgrades, is expected to enhance long-term liveability and capital growth in the area.

Given the wide max of configurations, BANKSII is expected to suit everyone from first home buyers and investors to families and downsizers.

[smartcode_project_cta:default project_id=136432]

BANKSII sales launch in booming East Brisbane apartment market

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

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Fresh off completing its mixed-use Malvern project Malvern Collective, Kokoda Property Group has acquired a prime site on Richmond's Bridge Road.

They are planning a mid-rise residential development with&nbsp;integrated wellness amenities and a vibrant ground-floor retail and dining offering.

The site, at&nbsp;487–495 Bridge Road, spans&nbsp;1,650 sqm with 50 metres of dual frontage across Bridge Road and Palmer Street. It is currently leased to Adairs, and has a large retail building and 20 onsite car parks.
</section>

<section data-element_type="section" data-id="534a164">
Kokoda Property Group’s acquisition forms part of a broader phase of growth in Melbourne, building on momentum from the completion of Malvern Collective and the recent purchase of a Burnley Street site for the developer’s first commercial project.&nbsp;

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating.

“Melbourne is regaining momentum,"&nbsp;Stevens said.

"After a cautious period post-COVID, we’re seeing buyer sentiment stabilise and capital leaning back into well-located, quality projects. Victoria now benefits from deep builder capacity and competitive delivery pricing, creating a rare opportunity to bring design-led inner-city developments to market without compromising on craftsmanship.

“Richmond ticks all the boxes for us – connectivity, culture and everyday amenity – making Bridge Road the perfect address for an amenity-rich, multi-use development."

<img alt="Kokoda" data-entity-type="file" data-entity-uuid="9a8de51d-8092-480a-8b7e-e081816692c2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-29%20at%208.54.27%E2%80%AFAM.png?VersionId=VRHpV5.6beOu2cieKHWrw3ErMPuVOAuj" />

Envisioned as an “urban lantern” the building will bring a distinctive new presence to Bridge Road with a sculptural retail frontage, designed to honour the street’s heritage character while contributing to its renewal.

Stevens said the acquisition reflects the developer’s commitment to design-led addresses in Melbourne’s inner city.

“Drawing on Richmond’s rich heritage and dynamic character, we’ve envisioned a contemporary building that respects the past while elevating the way people live today. With dual frontages, curated ground-floor spaces, and a focus on wellness, this project will contribute to the neighbourhood’s evolution, appealing to both downsizers and a new generation of professionals.”

Kokoda Property will now progress concept design ahead of a future planning process.
</section>

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

First look: Kokoda secures Richmond site for new apartment development

Gold Coast developer Drew Group is fast approaching sell-out at its Main Beach apartment development, Lagoon Main Beach.

In the last nine months, Drew Group and sales partner Pezet Matheson have secured 31 sales totalling over $75 million, as the two-tower development advances towards completion under the expert eye of Hutchinson Builders.

“Today's buyers are more discerning than ever," Drew Group Managing Director Jon Drew says.

"It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

[smartcode_project:default project_id=108747 project_image_fid=193023]

Just over 50 per cent of recent&nbsp;sales have been to local buyers, reflecting the deep trust and connection within the Gold Coast community that Drew Group has developed over the years.

Demand has been particularly robust at the top end, with two of the three exclusive penthouses already sold, alongside five sub-penthouses. Only seven apartments remain in Lagoon's Signature Series — one&nbsp;penthouse and six sub-penthouses.

[smartcode_project:default project_id=108747 project_image_fid=284864]

Drew Group has also removed the much-maligned sunset clause from all contracts at Lagoon. The sunset clause — although rarely invoked, yet on occasion known to have been — allows developers to take back contracts on apartments should the building not be completed within the timeframe specified in the contract.

Pezet Matheson Co-Director Jayde Pezet says the fact Lagoon is&nbsp;within a year of completion, and has no sunset clause in contracts, provides certainty to buyers.

"This is paramount in the current market," Pezet says.

Drew Group has committed to providing the highest level of security inclusions — none more impressive than the Ubiquity Access Control System, a cutting-edge facial recognition technology that is one of the most state-of-the-art keyless entry systems on the market.

[smartcode_project:default project_id=108747 project_image_fid=190743]

One of the biggest drawcards to Lagoon has been the size of the apartments.

"It is unlikely that any future new development in Main Beach will be able to offer such spacious living at this price point," Drew says.

"Today's buyers are more discerning than ever, carefully evaluating amenities like gyms, spas, workspaces, and beach lockers, along with quality finishes. It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

Lagoon is set to complete construction in mid-2026.

[smartcode_project_cta:default project_id=108747]

Lagoon Main Beach approaches sell-out as local buyers drive $75m in sales

Resort

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Peppers Airlie Beach, a resort hotel with ocean views in Whitsundays, Queensland has hit the market.  
It has been offered for sale via an expressions of interest campaign by Wayne Bunz and Hayley Manvell from CBRE Hotels. 
Situated on 1.8 ha, Peppers Airlie Beach at 9A Hermitage Drive, Airlie Beach comprises 59 freehold 1-5 bedroom apartments and villa ranging in size from 79-341sqm. 
The resort facilities include restaurant, bar, infinity swimming pool and gym.  
Other features include Management Letting Rights for up to 106 units in the complex plus the on-site manger's Lot. 
Opened in 2009, the 4.5 star hotel has been operated by Accor under the Peppers brand with vacant possession available.
Expressions of Interest close October 17, 2019
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j.ballantyne1990-6AQqhLzZaK

Peppers Airlie Beach hotel in Whitsundays listed

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Greaton has lodged a development application for its Wirra Wirra Wellness Resort project with the City of Onkaparinga. 
The resort will be built on Wirra Wirra’s grounds at 255 Strout Road, McLaren Vale, 38 kilometres south of Adelaide. 
The project will be delivered in a partnership with Wirra Wirra winery.
The $30 million-plus resort, the first luxury accommodation in the region, will be situated amongst vineyards between the existing Wirra Wirra winery and the heritage property that once belonged to founder Robert Wigley, which will be repurposed as resort accommodation. 
Greaton has appointed Bangkok/Singapore-based luxury resort architects Blink Design Group.
The group's portfolio of premier resorts includes the Fairmont Sanur Beach Bali, Four Seasons Resort Bali at Jimbaran Bay, the Six Senses Uluwatu – all in Bali - the Ritz-Carlton, Juizhaihou in Sichuan China and the Viceroy Princes’ Islands Istanbul in Turkey. 
The 33-key resort will be spread across 10 separate buildings, with nine double-storey buildings, known as casitas, to be built.
The existing Wigley house will be transformed into a Bridal Suite.
Sparrow’s Lodge, a vacant building at the winery entrance, will be repurposed as a guests’ reception. 
Guest facilities will include a swimming pool – set within a reflection pool – as well as a function hall and wellness centre.
<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/2019/9/16/WIRRA%20WIRRA_Walkway%20View.jpg" alt="">
Nicho Teng, Managing Director, Greaton, says the project will bring an unsurpassed level of luxury to the region.  
“The Wirra Wirra resort will be like nothing else in South Australia,” said Teng.
“We are proud to bring the expertise of an internationally-acclaimed architectural firm that specialises in luxury accommodation to this location.
“This is their first project in Australia, and I’m honoured to bring them to my home state.
“South Australia, and particularly the McLaren Vale region, well and truly deserves a high-end resort like this.
“We have no doubt it will attract more well-heeled tourists to the area which will directly increase local tourism revenue.  
“We are also very excited to be negotiating with an international wellness-oriented resort operator who also have no current presence in Australia.
“Whilst we are not in a position to reveal who they are just yet, we can say they operate some of the most renowned resorts and hotels around the world.”
The internationally renowned McLaren Vale is the gateway to the Fleurieu Peninsula, which accounts for an average of 762,000 overnight tourist stays worth $258 million in expenditure annually.
Renowned for its Shiraz, the McLaren Vale region also excels in the production of ultra-premium Grenache and Cabernet, along with many other grape varieties, whilst Wirra Wirra is best known for its famous red Church Block blend.  
Daniel Smedley, Director, Studio S2 Architects, the South Australian architecture studio commissioned to undertake documentation and compliance for the Wirra Wirra project, said the site provided great inspiration with its historic buildings and vineyard landscape.  
“The resort has been designed to reflect elements of the buildings on site and in the region, and to enjoy the vineyard and Australian bushland setting, while respecting the wine region aesthetics that McMurtrie Road provides,” said Smedley. 
"This will be achieved by designing the buildings to sit behind and blend in with the native tree line.  
“The buildings will be finished with a mix of local limestone, granite and bluestone, with hardwood natural stained finishes. The rooves will be in dark grey metal sheet roof cladding to fit in with its surrounding context. 
“As a local architectural practice specialising in tourism projects, we are excited to be working on a project of this calibre in conjunction with the team at Blink Design Group, and a local consulting team, while continuing our long-term working relationship with Wirra Wirra.”
Andrew Kay, Managing Director, Wirra Wirra, said they were very pleased with the direction and progress the resort project was taking.  
“The design is well integrated into the winery site and shows great empathy with our surroundings,” Kay said.
“To introduce the first five-star resort operation in McLaren Vale is not just a coup for us, but a catalyst for job creation, upskilling and growth in the region.  
“The knock-on effect to local businesses and suppliers cannot be underestimated and I look forward to seeing the economic and community benefits from this investment in wine tourism.”  
Construction is scheduled to commence in November 2020, with completion slated for July 2022.
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DA lodged for $30 million Wirra Wirra Wellness Resort in McLaren Vale

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Fiji’s newest five-star luxury resort, situated on the beachfront of Wailoaloa Beach near Nadi, is being offered to the market for the first time. 
Colliers International in conjunction with the local agents My Fiji Home has been appointed to sell the Pullman Nadi Bay Resort and Spa Fiji by way of an international expressions of interest campaign. 
The marquee resort boasts 236 guest rooms, five restaurants and bars, multiple conference facilities, three swimming pools and a world-class health spa. 
Pullman Nadi Bay opened in May 2019, in time for the busy Fijian winter period, and is managed by global hotel operator Accor Hospitality – the largest operator in Asia Pacific.  
Nestled on 5.7ha of prime beachfront land, on the foreshore of Wailoaloa Beach, it is the closest five-star hotel to the recently upgraded Nadi International Airport.  
Dean Humphries, Colliers’ National Director of Hotels for New Zealand and the South Pacific, acknowledges it is rare for a brand-new resort be offered to the market so soon after opening. 
“The owners of the resort, who are a large and established Fiji-based family, have spent the last four years developing the hotel. However, they have decided to sell this marquee asset now to capitalise on Fiji’s strong tourism sector and a global investment market hungry for high-quality, high-yielding hospitality assets.” 
“Fiji has seen stable governance now for 15 years, with the last democratic elections taking place in November 2018. Economic growth over the period has been strong with a significant amount of infrastructure completed including a FJ$100m plus upgrade of the Nadi International Airport.” 
“We have seen an increasing amount of global capital flow through to the tourism sector in recent years given its attractive returns and strong growth profile.”  
Richard Kirke, International Sales Director of Colliers International’s Capitals Markets team, is confident a large number of international investors will be attracted to investing in Fiji due to the strong growth profile and attractive underlying returns this country offers.  
“In the recent past we have seen a range of institutions, sovereign wealth and private equity funds investing heavily into tourism hotspots such as Maldives, Thailand, Vietnam, Tahiti and the eastern seaboard of Australia.” 
“Fiji as a prime tourism destination ticks all the boxes and is a country we believe will interest many of these parties.” 
Gus Moors, Head of Hotels for Colliers International Australia, says Fiji also has a highly attractive exchange rate at just 0.46 against the USD and 0.66 AUD.  
“Fiji has always been the star performer in the South Pacific basin, accounting for 41% of all international visitors in the region.”  
“Inbound arrivals for the year ending 2018 reached 870,000, representing an annual growth rate of 5.6% since 2014. The key markets segments are Australians (43 per cent), New Zealanders (22 per cent) and the United States (10 per cent). It is forecast Fiji will reach 1 million international tourists by 2023. The Fijian Government has estimated the tourism industry to be a FJ$2 billion industry by the end of 2020.” 
The hotel is being sold through Colliers International and local agents My Island Home Fiji by way of international expressions of interest closing at 4pm (NZST) on Wednesday 31 July.
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Five-star Pullman Nadi Bay resort in Fiji listed for sale

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The Albany Gardens Holiday Resort and Lifestyle Village have been listed for sale. 
Located in WA’s fifth largest city, in the town’s central district, the Albany Gardens Holiday Resort and Lifestyle Village spans more than 5.5ha.
It's features include a tennis court, swimming pool, games room and playground. 
The resort, comprising 4 ha of land, includes a total of 119 sites.
These site comprise deluxe units, holiday units, chalets, ensuite sites, powered and unpowered sites, as well as 18 permanent sites with modular homes. 
Developed over 1.6 ha on a separate title, the lifestyle village consists of 45 permanent sites furnished with modular housing. 
CBRE Hotels’ Ryan McGinnity and Chloe Mason, jointly with Caravan Park Brokers Australia’s Dale Wood, have been appointed to market the property. 
Mr McGinnity said the opportunity to acquire an established tourism operation in one of the state’s most popular tourism destinations would underpin buyer interest. 
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Mr McGinnity said, “The quality and popularity of the park is highlighted by the number of positive ratings and comments on public forums such as Tripadvisor.” 
CBRE’s Ms Mason said Albany Lifestyle Village are currently 100% occupied.
He added, “with an aged care action plan in place, the City of Albany is focused on creating friendly, enjoyable, secure and healthy places to retire, which will further benefit from such villages as Albany Gardens.” 
The expressions of interest campaign closes April 11, 2019.
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Albany Holiday Resort and Lifestyle Village listed

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Dream Island, designed as the first large-scale leisure destination in Russia, is set to create new opportunities for family recreation in Russia.
There will be an indoor amusement park, the riverfront scheme provides a regional shopping centre, outdoor leisure facilities, a 400-key 4-Star hotel, a concert hall and a yacht club.
Details were presented at the international investment exhibition MIPIM in Cannes last week.
The Dream Island city resort includes the world's largest indoor theme park with 29 most modern amusement rides, a city promenade with more than 200 shops and 50 restaurants and cafes, cinema and a concert hall, and a spacious landscape park with a sports area. 
The opening of the first stage of the project is planned in 2019 in Moscow, in the picturesque Nagatinskaya bottomland. 
Dream Island is a socially significant project not only for Moscow, but for all Russia, representatives advised.
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 It will improve the quality of the urban environment, investment attractiveness and competitiveness of Moscow against the background of foreign megacities.
In 2017 Dream Island won several Russian and international awards at once: “Best Project in Field of Commercial Real Estate" according to PROESTATE AWARDS 2017 federal prize, the best project in the nomination "Public Areas" in Good Innovations 2017 competition, as well as the victory in the regional stage of the prestigious international European Property Awards in the nomination “Leisure Development”. 
Theme parks around the world are powerful drivers for development of the tourism industry. 
It is expected that their role will increase in the future, so key principles of their deployment will have an increasing impact on both regional and international tourism.
 The Dream Island family city resort will become one of the most visited sights of the capital. 
It is expected to host about 50 million people annually, including flows of the local tourism (the Moscow metropolitan area), internal and external tourism. 
The opening of the Dream Island Park is supposed to increase tourist flows to Moscow by 16%, which is about 3 million new tourists annually, and the share of tourism consumption in the gross regional product (GRP) of Moscow – by 70 billion rubles, Amiran Mutsoev, Chairman of the Board of Dream Island holding company, said.
<a href="http://www.chapmantaylor.com/projects/nagatino-theme-park" target="_blank">Chapman Taylor</a> provided the masterplan and concept design.
Architecturally the building expresses its purpose of amusing children by appearing as a wonderland. 
The concept design is loosely related to historic Kremlin architecture that can be found in many ancient Russian cities. It is also inspired by imposing Gothic buildings of Western Europe.
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jchancellor-FAypfDUnLy

Russia's Kremlin-inspired Dream Island amusement park aims for 50 million annual visitors

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The Red Mountain Resort, designed for Festir ehf, in Iceland has been awarded a commendation in the Retail &amp; Leisure category at the recent 2018 MIPIM/Architectural Review Future Project Awards.
<a href="http://johannestorpe.com/projects/the-red-mountain-resort" target="_blank">The Red Mountain Resort resort </a>promises a sensory escape into breathtaking Icelandic nature resort for the modern spiritual traveler, the judging panel noted.
"Its architecture seduces visitors through an exploration of the interplay between nature and visitor.” 
The designer Johannes Torpe Studios markets itself as an advocate for "an unrestrained and fearless approach to design."
The Red Mountain Resort is the studio’s very first large-scale architectural project. 
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Situated on the Western peninsula of Snæfellsness, at the point where the river mouth runs out to the sea, the resort faces Seæfellsjokull, a majestic glacier covered stratovolcano. The mountain is home to the Icelandic saga about Barður Snæfellsás, who is said to have left the chaotic world of men behind to live in solitude. 
Snæfellsjökull, a 700,000-year-old glacier covered stratovolcano, inspired Jules Verne who made the volcano the passage way to the centre of the earth in his science fiction novel Journey to the Centre of the Earth from 1864.
The studio's lead architect Kit Sand Ottsen explored the tradition of Icelandic turf houses built by the first Norwegian settlers, experimenting with ways of creating a modern interpretation.
"The emerging idea was to turn the construction inside-out," he explained.
<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/2018/3/21/iceland4.jpg" alt="">
Turf houses are wooden structures insulated by a thick wall of turf - in other words, a light structure with a very heavy base.
The studio inverted this structure by creating a heavy concrete structure enclosed by a light base of glass. As a natural extension, the relationship between positive and negative space has been explored, and throughout the building there is a clear contrast between light-weight and more heavy building volumes.
The building itself is an industrial interpretation of the rocky landscape with heavy geometric shapes shooting up from the ground like sculptural rock formations and tall steam-chimneys that are an architectural take on geysers.
Concrete is chosen as the primary material and is treated with a red pigment that mimics the hue of the surrounding landscape.
The concrete is applied to create layers of contrasting rough and smooth textures and form patterns inspired by those found in the layers of the turf houses. Selected parts of the rooftops are covered with grass like the traditional building techniques of the area.
"This both intensifies the notion of a building that is closely related to the history of the site, and adds to the sense of a hidden destination that discreetly rises from the landscape," the project brief advised.
The use of reflecting glass on the building’s exterior creates a mirror effect, evoking the illusion of a building that disappears into the landscape. Portals and tunnels are additionally dispersed throughout the building to enhance this otherworldly and magical atmosphere.
The local geology is made up of caves, craters, peculiar rock formations, volcanic plugs and the moss covered lava fields.
It replicates wind tunnels, fire baths and ice pools that represent the unpredictable extremes of Icelandic weather.
 
 
 
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Iceland spa project for the modern spiritual traveller scoops MIPIM 2018 commendation

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 A beach resort spanning 69,000 sqm in WA's Margeret River is on the market with expectations of more than $10 million.
The <a href="https://www.realcommercial.com.au/property-land+development-wa-gnarabup-502157446" target="_blank">Gnarabup Beach Resort</a>, five sites with direct Indian Ocean frontage and approvals in place for a 102-key resort and potential for a further 73 individual villa sis on the market through Savills Barney Dear and Chas Moore. 
Chas Moore said the site was being offered for sale by its joint venture owners with Development Approvals for the resort, designed by Grounds Kent Architects, had been granted.
This property is coming to the market at an ideal time, with the Western Australia State Government prioritising and strongly promoting the state’s tourism sector, and the $59.7 million expansion of the Bussellton-Margaret River Regional Airport to deliver invaluable direct flights to the region, he said.
"Tourism is on the rise in Western Australia and this is one of the best beachfront resort developments available in the entire state.
"It provides a stunning south-west setting overlooking the Indian Ocean, with boardwalks and footpaths leading directly to the beach, in the heart of Western Australia’s premier tourism destination and widely recognised as one of the world’s best wine producing regions.’"
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$50 million plus for beach resort at Margaret River

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Clouds of Montville Eco Resort, a Victorian-style resort on the Sunshine Coast Hinterland, has come to the market for $2.65 million.
Set on an area of 1.92 ha, <a href="https://www.realcommercial.com.au/property-hotel+leisure-qld-montville-502143778" target="_blank">the resort</a> comprises 10 apartments and four cottages (with approval for two more), a spa and sauna, swimming pool, a nine-hole frissbee golf course and other facilities.
The current owners had previous experience in hospitality, and made improvements to all aspects of the property and business, including the systems and websites which improved gross takings, says the description.
The owners are keen to sell the resort due to a family member's illness. Prior to them, the previous owners set up the resort over a period seventeen years.
The well presented property is also close to shops, markets, restaurants, art galleries, parks and waterfalls.
The listing agent is Jim Hughes of LJ Hooker.
<img src="/images/2016/10/14/Montville2.jpg" alt=""> 
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Clouds of Montville Eco Resort in Sunshine Coast on the market for $2.65 million

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The landmark Alberg Hotel in Mount Buller is set to change hands for the first time in 28 years.
Set on 3087 sqm, <a href="https://www.colliers.com.au/23697/#.V04-d1fYrVp" target="_blank">the hotel comprises 36 rooms</a>, seven residential rental apartments, ski hire and retail outlets and food and beverage offerings.
Colliers International's Jeremy Gruzewski and Guy Wells have the listing.
Gruzewski said the opportunity to acquire a multi-faceted business and property such as The Arlberg hotel was rare.
“The sale of The Arlberg Hotel is never to be repeated in the Australian market place," he said.
"The opportunity to acquire this unique asset and be part of the evolution of Mount Buller as it evolves to become a year-round tourist destination is not to be missed.
“The blend of accommodation and food and beverage with a 24 hour liquor licence provides ultimate flexibility to an incoming purchaser.”
“It is the most accessible ski resort in Australia and also the closest ski resort to any Australian international airport.
The hotel has been operated by local icons John and Carol Perks for the past 28 years who said they will miss the hotel.
“We have both loved having input to the Chamber of Commerce and the marketing committees on the mountain and have enjoyed the last 37 years involvement very much and will be very sad to move on,” the couple said.
“We hope to be able to pass our history and knowledge on to new people with the drive and enthusiasm that this business deserves going forward.”
The hotel has been an iconic part of the Mount Buller community since its original construction in circa 1970.
Mount Buller is the premier ski resort in Victoria, with more than 300 hectares of skiable terrain.
Summer visitation has been reported to be increasing by some 5% year-on-year to achieve some 120,000 visitors in the traditional ‘off season’.
With the mountain situated some 1,800m above sea level, the winter months are the peak season with an average snow fall of 2.42m. 
Data from the Victorian Alpine Resorts End of Season Report Winter 2015 shows that Mount Buller is the most visited mountain in Victoria.
The Arlberg Hotel is for sale with offers closing July 21, 2016.
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Mount Buller's iconic Arlberg Hotel for sale

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A private Australian syndicate has taken the first steps in its $450-million transformation of the cyclone-battered Port Hinchinbrook resort in North Queensland.  
The Passage Holdings, an Australian company linked to American businessmen Lewis Cohen and Stephan Pinto, has already spent $4 million on improvements.
Architects DBI Design have been hired to work on the resort, which will be renamed Hinchinbrook Harbour and Resort and staged over 10 years.
DBI Design’s masterplan for the resort includes a $45 million international fishing village, new marina, family resort, water theme park, 300-site motorhome park, camp grounds, backpacker accommodation and waterfront residential lots and apartments.
Pinto said the syndicate’s $4 million initial investment included around $500,000 on restoring the sewerage treatment plant, more than $2 million on the grounds and marina village, commercial building, street lighting and public access, plus $750,000 on masterplan designs and consultation.
The syndicate took possession of the resort and marina property last year and is preparing to settle on its $3 million purchase from liquidator FTI Consulting in coming weeks.
The resort’s restaurant/retail precinct is due to reopen in mid-July following repairs, while work is about to start on dredging the heavily silted harbour and the rebuilding the 266-berth marina.
The resort, which was battered by Cyclone Yasi in 2011, was first developed by the late Keith Williams adjacent to Hinchinbrook Island, near the historic village of Cardwell, during the 1990s.
The Hinchinbrook Island Resort closed in 2010, just prior to Cyclone Yasi, while the commercial tenancies at Port Hinchinbrook were closed in 2011, as a result of damage caused by the cyclone.
Liquidators took over the resort after Williams Corporation collapsed in 2013.
Pinto, who has developed residential and commercial property in the US for 35 years, said he was amazed at the value and potential of the property.
“I have been in real estate for a long time with experience in tourism assets worldwide - when I was informed about this project, I found it to be an interesting and compelling story,’’ he said.
“Having experienced Hurricane Katrina and the effects it had on our properties in Texas, I knew there could be an opportunity for our investment group. The impact of Cyclone Yasi had on Port Hinchinbrook was similar." 
Pinto established Allied Financial Services in 1993, which has an investor base which invests in opportunity-based real estate projects.
His American partner, Lewis Cohen, is president and founder of Diversified Products Group. 
 
 
 
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