Time & Place has broken ground on its first Northern Beaches project—and a second is already in the pipeline.
Construction is under way on the $100-million Two Tides development at 9 Raglan Street, a joint venture with NPACT. Nearly half of its 24 apartments are sold.
The five-storey building, designed by SJB, includes homes above ground-floor retail.
ULTRA Building Co is delivering the project in its first collaboration with Time & Place.
The Manly site was previously occupied by a backpackers’ hostel and, earlier, was home to the suburb’s ambulance station.
Time & Place quietly launched sales in March, recording strong interest from local buyers.
The development comprises 15 two-bedroom apartments from 93sq m to 103sq m; six three-bedrooms from 121sq m to 134sq m; and three top-floor penthouses of up to 300 square metres.
“Two Tides has clearly resonated with Manly locals, which validates the work we’ve done to shape a project that feels deeply in tune with its surroundings,” Time & Place director Evan Papadopoulos said.
Time & Place has signalled its intent to establish a foothold in the area with a second site at 101 North Steyne, also in Manly.
A development application has been filed for a five-storey residential building designed by Smart Design Studio.
Plans propose seven premium apartments with basement parking, adding to the developer’s growing Northern Beaches pipeline.
ULTRA Building Co, a boutique Sydney-based contractor, has got the nod for the project after work on high-end residential builds across suburbs including Mosman, North Sydney and Double Bay.
Time & Place is highly active across Sydney, advancing a series of high-profile developments.
It has completed the $230-million Bourke & Bowden commercial precinct at Alexandria, delivering 16,500sq m of workspace and retail.
The developer acquired Marlborough House at Surry Hills for $110 million, and plans a residential conversion comprising 150 apartments, including 26 affordable units.
Last year, it launched a Land and Environment Court appeal for its nine-storey Macleay Street development at Potts Point.
