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<p>Developer-builder Mayd Group has filed plans for a $350-million five-star hotel and residential development at North Kirra on the southern end of the Gold Coast.</p><p>The beachfront proposal is earmarked for a 4742sq m site across eight amalgamated lots fronting Pacific Parade, Golden Four Drive and Musgrave Street.</p><p>It would comprise a 10-level tower with 60 apartments, including two penthouses, as well as five double-storey beach houses and a 160-key hotel.</p><p>The scheme designed by architecture firm MAS Studio features two, three and four-bedroom residences, many with multipurpose rooms.</p><p>Resort-style amenities include a private pool area with sunken lounge, sauna, spa, yoga lawn, barbecue as well as a lounge, bar and cinema.</p><p>Targeting the high-end owner-occupier market, the apartments also will have access to the hotel’s five-star facilities including a port cochere, valet, room and laundry services as well as the hotel pool, lounges and restaurant.</p><p>Gold Coast-based Mayd Group director Todd Mould said given the site’s position only 1km from the Gold Coast Airport, which has been undergoing an expansion to cater for additional international and domestic flight connections, there was a recognised need in the area for a five-star hotel.</p><p>As well, he said the apartments had been designed to meet demand from global travellers and people who work remotely.</p><p>“We were fortunate to have been able to acquire eight adjoining sites to create one large beachfront site for our signature masterplan at North Kirra,” Mayd Group director Todd Mould said.</p><p>&nbsp;“The opportunity to develop such a large beachfront site in North Kirra is a rare one … [and] we have been working with Gold Coast City Council on lodging the development application to deliver a landmark building of high distinction for such a prominent site.”</p><p>The site has a 90m beach frontage and a short walk to local restaurants, cafes and shops.</p><div id="carousel-root" data-reactroot=""><image-carousel-remove-button><div class="rm-carousel-wrapper"><button id="rm-carousel" class="rm-carousel-btn">Delete</button></div></image-carousel-remove-button><div class="slider-wrap"><image-carousel><div class="slider-el"><img style="height: 100%;" title="3 (3).jpg" src="http://images.ctfassets.net/8pr762qjocl3/27GpkELYSqrNXnBXSEj5b6/f21f04338b25302b01bc677a967894f6/3__3_.jpg" data-mce-src="http://images.ctfassets.net/8pr762qjocl3/27GpkELYSqrNXnBXSEj5b6/f21f04338b25302b01bc677a967894f6/3__3_.jpg" data-mce-style="height: 100%;"></div><div class="slider-el"><img style="height: 100%;" title="1 (5).jpg" src="http://images.ctfassets.net/8pr762qjocl3/16wnqS6Jn1Rx7KtxURaqp6/28a9919ecb34bd793e6c97d3c21194af/1__5_.jpg" data-mce-src="http://images.ctfassets.net/8pr762qjocl3/16wnqS6Jn1Rx7KtxURaqp6/28a9919ecb34bd793e6c97d3c21194af/1__5_.jpg" data-mce-style="height: 100%;"></div><div class="slider-el"><img style="height: 100%;" title="2 (4).jpg" src="http://images.ctfassets.net/8pr762qjocl3/5CKpPOa8wicOqhPF3amEBw/124bd8ce98d2915e6ac723fa913eb712/2__4_.jpg" data-mce-src="http://images.ctfassets.net/8pr762qjocl3/5CKpPOa8wicOqhPF3amEBw/124bd8ce98d2915e6ac723fa913eb712/2__4_.jpg" data-mce-style="height: 100%;"></div></image-carousel></div></div><p><br>MAS Studio director Nick Symonds said the prominent position at the gateway to Kirra—one of the Gold Coast’s famed surfing destinations—had inspired the masterplan design.</p><p>“From the outset of our design process, we have been aware of the importance of this highly visible site and the obligation to create a statement entrance to Kirra, while at the same time blending in with the surrounding built forms,” he said.</p><p>“The design is strongly influenced by local context, reflecting the unique beauty of North Kirra beach and relaxed beachside lifestyle, elevating it with luxury dwellings for those who share the passion of this unique lifestyle and location.</p><p>“Abundant greenery on the podium will cool the street where a row of beach houses, complete with their own private green courtyards, will provide a residential scaled address to the street.”</p><p>The Gold Coast Airport strip—including Tugun, Bilinga and North Kirra— has emerged as a development hostpot in recent times with a string of medium-sized residential towers going up and planned for the area.</p><p>It is also along the proposed final stage of the Gold Coast light rail section, which is currently progressing from Broadbeach South to Burleigh.</p>

Developer Mayd Group wants to build the southern Gold Coast’s first five-star hotel plus 60 units on its eight-lot amalgamated site…


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<p>Plans for West Australia’s first proposed carbon-negative $350-million hybrid timber tower may be headed for the spike file.</p><p>Grange Developments’ <a data-mce-href="https://www.theurbandeveloper.com/articles/worlds-tallest-timber-tower-grange-development-south-perth" href="https://www.theurbandeveloper.com/articles/worlds-tallest-timber-tower-grange-development-south-perth" target="_blank" rel="noopener">C6 development </a>slated for 4-8 Charles Street, South Perth, which has won multiple awards, is due to be formally assessed at a Metro Inner-South Joint Development Assessment Panel meeting on September 28.&nbsp;</p><p>But Grange Development managing director James Dibble said they were facing “unprecedented resistance” from West Australian planning, which he said was “fundamentally broken”.</p><p>“Western Australia has the longest and most tedious planning process in the country and the fewest project starts of scale,” Dibble said.</p><p>“Despite Grange Development’s commitment to best-in-class sustainability, engineering, architectural and community outcomes, and willingness to share intellectual property and knowledge freely, panel members persist in blocking progress, stalling projects, and hampering innovation not just in our case but across the state.”</p><div id="5MTuBRTYp7cweZWaiN8WBx"><picture><img src="//images.ctfassets.net/8pr762qjocl3/5FQsC8pGEGUTtFU5INaC5N/5c4ec778bdd0ff1833cc498b9da2a17a/4__1_.jpg" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/5FQsC8pGEGUTtFU5INaC5N/5c4ec778bdd0ff1833cc498b9da2a17a/4__1_.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ Grange Developments managing director James Dibble.<br><br></span></div></div><p>The Fraser and Partners-designed C6 hybrid timber tower plan comprises 237 apartments, a 437sq m public park, fully electric building and a bank of 80 communal Teslas.&nbsp;</p><p>The core building structure is forecast to sequester 10.5 million kg of carbon dioxide equivalent, compared to a traditional concrete structure of a similar scale, which Dibble says is enough to offset 4885 economy class seats on a Perth-to-London long-haul flight.&nbsp;</p><p><em>The Urban Developer </em>understands the planning panel is requiring key aspects of the proposal to be modified to reach the standards of “good design” as defined by State Planning Policy 7.0.&nbsp;</p><p>This policy relates to context and character, landscaping, built form and scale, functionality and build quality, sustainability, legibility, amenity, safety community and aesthetics.&nbsp;</p><p>Agenda documents for the upcoming meeting demonstrate the lack of support for the project in its current form.&nbsp;</p><p>“The design approach is not supported and requires further development to achieve design excellence,” the executive summary said.&nbsp;</p><p>“The project being reviewed proposes comprehensive development above the Tier 1 limits and therefore is required to achieve design excellence.&nbsp;</p><p>“As the proposal is not yet considered to have achieved good design, as defined by SPP 7.0, it is clear that design excellence—which requires the proposal to demonstrably exceed these requirements—has not been met.”</p><div id="6eOPZil7pfAaUFN9AlmQcw"><picture><img src="//images.ctfassets.net/8pr762qjocl3/66zpMNpzb8CpGIQpN7sl23/ee2aab74a56c2ceacc8eea88b1c15652/5__1_.jpg" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/66zpMNpzb8CpGIQpN7sl23/ee2aab74a56c2ceacc8eea88b1c15652/5__1_.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ The design review panel made recommendations regarding building sway, apartment amenity, security and legibility.<br><br></span></div></div><p>The report outlines recommendations including height reduction, consideration of building sway, solar protection, crime prevention, improving residential amenity, and revisiting planting strategy.&nbsp;</p><p>The Department of Planning, Lands and Heritage was contacted for comment.</p><p>Dibble said the tower’s design was compliant with the state’s planning framework but had hit roadblocks in the “planning system labyrinth”.</p><p>He said the C6 project did not have the support of the city despite three State Review Panel meetings and “considerable co-operation” to redesign elements of the development.</p><p>Perth, like most Australian capital cities, is facing a constrained housing supply, with South Perth’s vacancy rate at less than 1 per cent.&nbsp;</p><p>“South Perth currently represents the highest plot ratio in the state and we are facing a national housing crisis, and yet the state’s planning system refuses to endorse a shovel-ready project that has been designed among the most progressive environmentally sustainable developments worldwide, and significantly, the first to emerge following the South Perth Activity Centre Plan's adoption,” Dibble said.&nbsp;</p><p>"It’s utterly perplexing that the project can receive international design awards from well-regarded industry bodies around the world, yet the state's own design review panel will not recognise this project as achieving ‘good design’.”</p><p>When plans were lodged last year the 50-storey tower was slated to be the world’s tallest hybrid timber tower at 183 metres.&nbsp;</p><p>An urban farm was planned for the rooftop.&nbsp;</p>

Grange Development’s award-winning C6 tower may be headed to the spike file due to “unprecedented resistance” from an assessment panel…

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<p>One of billionaire hotelier Sam Arnaout’s regional NSW hotels, complete with an approved DA to develop the site into a residential tower, has come to market.</p><p>The property at Coffs Harbour, about 500km north of Sydney, is one of two Ibis Budget hotels owned by Arnaout’s Iris Capital being sold.</p><p>The other is at Dubbo, about 400km west of the NSW capital. They are being offered as in-one-line or individually.</p><p>Iris Capital who acquired the hotels as part of the 17-asset AccorInvest Portfolio in 2021. </p><p>“Our group has evolved considerably in the past couple of years headlined by major development projects in Newcastle and the Gold Coast,” Arnaout said. </p><p>“It made sense to capitalise on investor interest and re-direct the proceeds into the core focus and future of our business.”</p><p>JLL Hotels &amp; Hospitality’s Andrew Langsford, Nick Roche and Taylor O’Brien are marketing the properties via an expressions-of-interest campaign.</p><p>The Ibis Budget Coffs Harbour features 70 guest rooms, reception, restaurant, outdoor swimming pool and onsite parking and is within the Coffs Harbour CBD and close to the Pacific Highway and Harbour Drive.</p><p>The property has a development application before the Coffs Harbour City Council to redevelop the 3205sqm freehold site.</p><p>Proposed is a mixed-use development comprising 98 apartments in one, two and three bedrooms, 137 carparking spaces and one commercial unit.</p><p>The development application was lodged by Iris Hotels Coffs Harbour Property—its director is Sam Arnout, who has an estimated worth of $2.3 billion.&nbsp;</p><div id="6xOjIgfPJtFZOzUmhEbXKh"><picture><img src="//images.ctfassets.net/8pr762qjocl3/7mKmQ3NFUWsoHPKc487q5V/a863eb95aea230c5b48a65fa728fc49a/Mid_article_resizes__77_.jpg" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/7mKmQ3NFUWsoHPKc487q5V/a863eb95aea230c5b48a65fa728fc49a/Mid_article_resizes__77_.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ Iris Capital head Sam Arnaout and the Coffs Harbour Ibis hotel.<br><br></span></div></div><p>The Ibis Budget Dubbo comprises 65 guest rooms, reception, restaurant, swimming pool and onsite parking.</p><p>Both properties are managed by Accor, however, vacant possession is available upon sale.</p><p>Begun in 1995, <a data-mce-href="https://cse.google.com/cse?cx=756112276a0564662" href="https://cse.google.com/cse?cx=756112276a0564662" target="_blank" rel="noopener">Iris Capital</a> had by 2006 acquired 13 hotels. Its holdings include Ibis hotels in NSW, Queensland and the ACT, including Canberra, Fawkner, Dandenong, Brisbane Airport, Newcastle, St Peters, Enfield, Wentworthville, Liverpool, and Campelltown.</p><p>It also holds 35 pubs and two casinos, in Alice Springs and Canberra. Iris has residential developments in Queensland and NSW in its pipeline, including <a data-mce-href="https://www.theurbandeveloper.com/articles/iris-capital-queensgate-potts-point-amendments-filed" href="https://www.theurbandeveloper.com/articles/iris-capital-queensgate-potts-point-amendments-filed" target="_blank" rel="noopener">Potts Point</a>.</p>

Two of Sam Aranout’s 17 Ibis hotels are being offered for sale in NSW, one with approval for a 98-apartment tower…

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<p>A billionaire mining heiress’s plans to develop a “live-work” residential and commercial development in a blue-ribbon Perth enclave have been approved.&nbsp;</p><p>The Metro Inner-North Joint Development Assessment Panel approved the application for 126 Railway Street, Cottesloe, under which AMB Holdings staff would be able to live and work in a three-storey, mixed-use building.</p><p>AMB Holdings is Angela Bennett’s private company—Bennett is the daughter of mining magnate Peter Wright, who was Lang Hancock’s business partner.</p><p>Hancock, who passed away in 1992, was a WA iron ore magnate and is the father of Australia’s richest person, Gina Rinehart, who is reportedly worth about $40 billion.</p><p>Documents show the office component of the plan would accommodate up to 80 employees while a four-bedroom apartment would be used to house country-based staff who needed to stay in Perth for an extended period.</p><div id="6Z20h269HxDBfoN6pWH1G4"><picture><img src="//images.ctfassets.net/8pr762qjocl3/1TucbTTouzFWuLawpCuZq3/d45a36448dc8ca1c75f3f3c600b38d0d/COTTESLOE_MID__2.png" alt="AMB Holdings would move their headquarters to the new offices at 126 Railway Street in Cottesloe." data-mce-src="//images.ctfassets.net/8pr762qjocl3/1TucbTTouzFWuLawpCuZq3/d45a36448dc8ca1c75f3f3c600b38d0d/COTTESLOE_MID__2.png"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ AMB Holdings would move its headquarters to the Cottesloe offices.<br><br></span></div></div><p>The development is aiming to achieve the “world’s greenest standard by receiving The Living Building Challenge certification which would be Australia’s first”, according to the company.</p><p>“The residential component allows people to really live and immerse themselves in a building that has been designed to support the wellbeing of the planet, the community and the individual,” an AMB Holdings statement said.</p><p>“The philosophy of the Living Building Challenge and how it informs the design is not a common submission but really important to be able to work through so we spent time to ensure this was understood in relation to the plans we proposed.”</p><div id="1AMV8FExDctyziDC7zL1zx"><picture><img src="//images.ctfassets.net/8pr762qjocl3/4ZnuAjzl5F91wJEGLo3FqW/3dfbb5552ac941f722d56ab924f34f41/COTTESLOE_MID.png" alt="A birds eye-view of the $20 million living-building for billionaire owned AMB holdings. " data-mce-src="//images.ctfassets.net/8pr762qjocl3/4ZnuAjzl5F91wJEGLo3FqW/3dfbb5552ac941f722d56ab924f34f41/COTTESLOE_MID.png"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ A render of the $20-million AMB Holdings complex.<br><br></span></div></div><p>The Living Building Challenge operated by The International Living Future Institute is a certification tool similar to the<a href="https://www.theurbandeveloper.com/articles/mirvac-brisbane-city-towers-six-star-green-star" target="_blank" rel="noopener" data-mce-href="https://www.theurbandeveloper.com/articles/mirvac-brisbane-city-towers-six-star-green-star"> 6 Star Green Star system,</a> measuring how sustainable and efficient a project is, and on what level.</p><p>Living buildings such as 126 Railway Street aim to “give more than they take” by utilising space for residential use in the built environment.</p>

A billionaire mining heiress has received the green light to develop a live-work residential and commercial development on a block in Cottesloe, Perth. 

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<p>An $18.3-million affordable build-to-rent project has been completed in Melbourne’s north-east.</p><p>The property, 260 Bell Street, was designed by Plus Architecture and built by Manresa Constructions for not-for-profit housing provider Unison Housing.</p><p>The six-storey building comprises 42 apartments and is 9.5km from Melbourne’s CBD.</p><p>The apartment designs incorporate practical kitchens, bedrooms with built-in robes and temperature control, alongside balconies and secure underground parking.</p><p>Comprising mostly two-bedroom apartments, the development “will provide safe and secure homes for families who are on the highest priority category of the Victorian Housing Register,” a spokesperson said.</p><p>Homes Victoria, in partnership with Unison Housing, funded the project as part of the $5.3-billion Big Housing Build, which aims to provide more social and affordable housing to people in need across metropolitan and regional Victoria.</p><p>Unison will develop, manage and maintain the new building, with Unison’s Place Management team working with local services to ensure that residents are linked with support for a sustainable tenancy.</p><div id="5EvcjePXbPerGsEiEHCZPP"><picture><img src="//images.ctfassets.net/8pr762qjocl3/7sKiX4H64TQhENJvx2rv3l/b92586e5818ccbcac495795c2bf9ff28/1.jpg" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/7sKiX4H64TQhENJvx2rv3l/b92586e5818ccbcac495795c2bf9ff28/1.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ The project was funded as part of the $5.3-billion Big Housing Build.<br><br></span></div></div><p>Located at the northern end of Bell Street at Heidelberg Heights, the development is in the heart of the Victorian government’s regeneration plans for the area, including completed upgrades to local infrastructure.</p><p>Plus Architecture principal Jessica Liew said 260 Bell Street had been designed to reflect and complement the surrounding natural landscape.</p><p>“Through incorporating large setbacks to the north and employing staggered terracing, the building’s curved sculptural form establishes an original and refined design language that creates a harmonious relationship with the neighbouring structures,” she said.</p><p>“The elegant and organic shapes follow the natural flow of the land and the building nestles into the rich topography of the raised site. Curved lines, expressed edges and wide balconies contribute to its inviting atmosphere.”</p><p>Unison Housing chief executive James King said increasing the provision of safe and affordable social housing such as the Bell Street property provided more families with housing options.</p><p>“For 42 families, this development represents an opportunity for a new start to life. It is a place where people can be comfortable, live with dignity, stay well, raise their family, make memories and connect and support each other within a community,” he said.</p><div id="5ginCZRKQR1u4Xg5ipgl3V"><picture><img src="//images.ctfassets.net/8pr762qjocl3/5zwRZsjwHq7mSDhKdOkMta/ca91cc046e9b16fcbc2c880c6f82539f/2.jpg" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/5zwRZsjwHq7mSDhKdOkMta/ca91cc046e9b16fcbc2c880c6f82539f/2.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ The Bell Street project is among a raft of affordable housing solutions rising in the city.<br><br></span></div></div><p>Affordable build-to-rent is on the rise and certain to be boosted by the <a data-mce-href="https://www.theurbandeveloper.com/articles/victoria-housing-statement-supply-planning-home-crisis" href="https://www.theurbandeveloper.com/articles/victoria-housing-statement-supply-planning-home-crisis" target="_blank" rel="noopener">Victorian government roadmap</a> to end the housing crisis announced this week.</p><p>A <a data-mce-href="https://www.theurbandeveloper.com/articles/affordable-build-to-rent-kensington-melbourne-assemble-construction-started" href="https://www.theurbandeveloper.com/articles/affordable-build-to-rent-kensington-melbourne-assemble-construction-started" target="_blank" rel="noopener">build-to-rent project at Kensington</a> being developed by Assemble and Super Housing Partnerships is one of five projects in Melbourne to increase affordable housing in the city now under way.</p><p>It is the first project in specialist affordable housing fund manager Super Housing Partnerships’ pipeline through the High Impact Fund I, which is worth $750 million.&nbsp;</p><p>The Kensington project will comprise 362 mixed-tenure homes including affordable, social, market-rate and specialist disability housing, and the site at Kensington, 4km north-west of the CBD, is near public transport and major hospitals.</p><div><div data-zephrid="regular-article-main"><div id="normal-article"><p>Other projects in the pipeline include a four-building, 446-apartment project at 30 St Georges Road, 32-36 Oakover Road and 17-49 Showers Street at Preston with office tenancies, a supermarket and retail outlets.&nbsp;</p><p>There is also a nine-storey building with 180 apartments at 512A Sydney Road at Coburg that will be integrated with the existing Kevin Heinz Grow community garden and heritage buildings.&nbsp;</p><p>A five-building, 332-apartment project at 209-211 Carinish Road, Clayton, and a 325-apartment project at 240-246 East Boundary Road, East Bentleigh, are the other two projects in the pipeline.&nbsp;</p></div></div></div>

An $18.3-million affordable build-to-rent has been completed in Melbourne’s north-east.

<p>What’s ahead for our industry? Have your say and you’ll have the chance to win a package valued at $3500.</p><p><em>The Urban Developer</em>, in association with nbn co limited, is undertaking a comprehensive independent industry sentiment survey to identify the issues, perspectives and predictions of our audience of more than 65,000 property professionals.</p><p>In just 10 minutes, you can provide critical perspectives on a range of aspects of the property industry, including:</p><ul type="disc"><li><p>General sentiment</p></li><li><p>Project feasibilities</p></li><li><p>Site and asset values</p></li><li><p>Planning approvals</p></li><li><p>Construction costs</p></li><li><p>Project funding</p></li><li><p>Market demand</p></li></ul><p><br>By doing so you will not only add insight to the industry but also go in the running for the prize package that includes an all-access ticket&nbsp;to Urbanity 2024 on the Gold Coast, a $1000 accommodation voucher and an annual&nbsp;TUD+ Professional membership.</p><p>We will share the findings of our independent survey with the industry through a series of articles, reports, webinars and industry roundtables.</p><p>By contributing, you are helping the industry to understand the complexities of today and of the future.&nbsp;</p><p>Your input is invaluable, so complete the survey before the deadline of October 2, 2023, and be in the running for our great prize.</p><p style="text-align: center;" data-mce-style="text-align: center;"><strong><a data-mce-href="https://www.research.net/r/67235MY" href="https://www.research.net/r/67235MY" target="_blank" rel="noopener">Take the survey now.</a></strong></p><p>Thank you for being a part of <em>The Urban Developer</em> community. We look forward to hearing your insights and wish you the best of luck in the prize draw.</p><div id="21kPBY9zw6ydaHegVrDWVW"><picture><img src="//images.ctfassets.net/8pr762qjocl3/4tIqCKVF4sApArj3JouOs6/2e27d475b1cfb6f5b0ed39c166156258/SURVEY_-_Property_indus_mid.png" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/4tIqCKVF4sApArj3JouOs6/2e27d475b1cfb6f5b0ed39c166156258/SURVEY_-_Property_indus_mid.png"></picture></div>

Take part in our industry-wide independent survey and you could win a package valued at $3500…

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<p>Build-to-rent and student accommodation asset owners could create step-change in apartment sustainability but it all comes down to data.</p><p>It’s something that Hip V. Hype founder Liam Wallis is well across. Wallis and his family have been living by the numbers for the past 12 months as part of a live-in experiment.&nbsp;</p><p>They were the guinea pigs in the year-long post-occupancy experiment dissecting the developer’s award-winning Ferrars &amp; York residential development’s building performance against sustainability goals.&nbsp;</p><p>The 22 apartments in the all-electric building at South Melbourne were set up as embodied carbon neutral and operational carbon neutral, powered by 100 per cent green power.&nbsp;</p><h2>The numbers game</h2><p><br>The data reveals apartments in the six-storey residential building achieved an average 8.6 NatHERS rating (out of 10), while the highest rated apartment in the building achieved a 9.3 NatHERS rating.&nbsp;</p><p>The self-funded 12-month research project has been driven by Hip V. Hype’s Better Buildings team, which specialises in green buildings and engineering.&nbsp;</p><div id="6f1stMBzRm8XJiZILcTDln"><picture><img src="//images.ctfassets.net/8pr762qjocl3/5CX0n0TLOBlRyVvgGI8yc9/824d85275c203515af1bcd399c415f6a/Hip_V_Hype_MID2.jpg" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/5CX0n0TLOBlRyVvgGI8yc9/824d85275c203515af1bcd399c415f6a/Hip_V_Hype_MID2.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ Achieving good air quality was no easy feat for a development between a train line and a major road through South Melbourne. Image: Tess Kelly<br><br></span></div></div><p>The development was fitted with technology to monitor building performance as well as indoor air quality, carbon dioxide, humidity, temperature and volatile organic compounds, which are all key measures of Indoor Environment Quality (IEQ).</p><p>“The industry in Australia typically has a poor understanding of how apartments perform when complete,” Wallis says.&nbsp;</p><p>“Rating tools are not yet calibrated against performance in any meaningful way. It is in our DNA at Hip V. Hype to seek to improve design and performance outcomes with each successive project we undertake and to share learnings through our advisory and advocacy work to help raise the bar more broadly across industry.”</p><p>Hip V. Hype’s head of better buildings, David Mahony, says the Ferrars &amp; York apartments had cut annual heating and cooling costs by 30 per cent, while reducing cooking-power costs 32 per cent, and water heating was down 21 per cent on average.&nbsp;</p><h2>Broader applications for BtR and PBSA</h2><p><br>Mahony says this is a cost saving of about $295 an apartment a year, which may seem like small change, but the ripple effect for high-density, long-hold assets is significant.</p><p>For a 2500 apartment build-to-rent asset it could represent a $7-million saving over a 10-year period, he explains.&nbsp;</p><div id="6RJPeu6qhvrbEWJzN8lWTh"><picture><img src="//images.ctfassets.net/8pr762qjocl3/7cO3EgM1ryymLeTBkHcVaK/84de04a5f55c99bb7ca374ad28b3838a/hesta_super_housing_kensington_btr_edm_hero.jpg" alt="HESTA and Super Housing Partnerships have now joined Assemble and Housing Choices Australia as work gets underway with a build-to-rent project at Kensington in Melbourne." data-mce-src="//images.ctfassets.net/8pr762qjocl3/7cO3EgM1ryymLeTBkHcVaK/84de04a5f55c99bb7ca374ad28b3838a/hesta_super_housing_kensington_btr_edm_hero.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ HESTA and Super Housing Partnerships have now joined Assemble and Housing Choices Australia to develop high-sustainability build-to-rent apartments at Kensington.<br><br></span></div></div><p>During the coldest fortnight of the year a three-bedroom apartment at Ferrars &amp; York maintained a temperature of 19C to 25C with very little reliance on additional heating, at just 32c a day.&nbsp;</p><p>Mahony says the building’s high performance was down to the selection of building fabric and energy recovery ventilation (ERV) system.&nbsp;</p><p>“Occupants are likely to be healthier and happier in buildings that have higher performing building envelopes and systems, such as energy-recovery ventilation that promote healthy internal environments like consistent temperatures, cleaner air and significantly better acoustic performance,” he says.&nbsp;</p><p>Hip V. Hype founder Liam Wallis agrees.&nbsp;</p><p>“Assets with better indoor environment quality can reasonably expect to see lower churn, lower vacancy and higher rental rates over time,” he says.&nbsp;</p><h2>The bottom line</h2><p><br>Building efficiency is key to operational expenditure management for long-hold assets such as build-to-rent and purpose built student accommodation.</p><p>Wallis says there is “immense potential” for the research to feed into all housing typologies but particularly build-to-rent, where performance is closely linked to asset value.&nbsp;</p><p>“For build-to-rent asset owners in particular, a building built to the standard of Ferrars &amp; York would likely result in a lower operational cost base for energy, lower vacancy and higher rates in what promises to be a competitive market for tenants with flexibility,” he says.&nbsp;</p><p>“Other upsides, such as lower maintenance and system upgrade costs due to systems working less hard, are also worthy of consideration.</p><p>“For those seeking to develop, own and operate an asset for more than 10 years, an integrated design-optimised approach to sustainability and greenhouse gas emission reduction is likely to result in a positive return on investment.”</p><div id="4yWqsMYiHorO3MB4A8gc4b"><picture><img src="//images.ctfassets.net/8pr762qjocl3/1tFF11T8wxHtzfzbvGMSJm/a010c151fde15b343c7361627d7f29ea/Hip_v_hype_data_MID.jpg" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/1tFF11T8wxHtzfzbvGMSJm/a010c151fde15b343c7361627d7f29ea/Hip_v_hype_data_MID.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ Hip V. Hype’s Liam Wallis acknowledges the initial outlay for strong sustainable outcomes is significant. Image: Tess Kelly<br><br></span></div></div><p>Wallis acknowledges the upfront costs of an optimised approach to sustainable building design but says the proof is in the pudding, so to speak.&nbsp;</p><p>He says capital expenditure may be higher but this is counterweighted with reduced operational maintenance and replacement costs and the “asset value can be higher as a result of outgoing cashflows being lower and incoming cashflows being higher in aggregate”.</p><p>Hip V. Hype’s advisory services provide sustainable design advice to some of Melbourne’s biggest developers.&nbsp;</p><h2>Only 5pc exceed minimum standards</h2><p><br>Australian Housing and Urban Research Institute (AHURI) data shows that demand for sustainable apartments is not being met.</p><p>While Australians are increasingly moving into apartment living, a spatial analysis of sustainable apartment development and major retrofit projects in metropolitan and regional NSW and Victoria shows less than 5 per cent of building projects are exceeding minimum standards for sustainability.&nbsp;</p><p>And the ones that are achieving strong sustainability results are primarily concentrated in premium suburbs.&nbsp;</p><p>The report says there is a disconnect in the speculative build-to-sell developments between what consumers want, and what is built.&nbsp;</p><div id="7oddHRqkbxfc5rpEzkgYlj"><picture><img src="//images.ctfassets.net/8pr762qjocl3/5pghZX5w5cTjfhhBWYjNZ8/19ed3eba2f3d7ca3e0578c612d7bb7a9/Gamuda-Crema_Mid_2__Long_.jpg" alt="An artist's impression of the tower.  Gamuda’s green credentials for the Fishermans Bend development are deep below the ground." data-mce-src="//images.ctfassets.net/8pr762qjocl3/5pghZX5w5cTjfhhBWYjNZ8/19ed3eba2f3d7ca3e0578c612d7bb7a9/Gamuda-Crema_Mid_2__Long_.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ Gamuda Land has embedded strong green credentials in the design of its Canopy build-to-sell development at Fishermans Bend.<br><br></span></div></div><p>While it may be a bottom-line decision for developers in a challenged feasibility environment, the build-to-rent sector has an opportunity to drive change.&nbsp;</p><p>“Build-to-sell are often designed to only meet minimum standards, and the sector’s reliance on investor demand, which is especially vulnerable to economic cycles, works against developers delivering innovative, sustainable apartments,” the report says.&nbsp;</p><p>But build-to-rent, community housing providers and student accommodation are less vulnerable to these market forces, explains UNSW City Futures Research Centre’s Dr Hazel Easthope.&nbsp;</p><p>“During our research, a planning consultant suggested build-to-rent could become a major driver for sustainable apartments across all development models, as it could boost the scale of sustainable development and therefore could ‘push’ the whole apartment sector forward,” Easthope says.<br>&nbsp;</p><hr><p><strong><br>You are currently experiencing&nbsp;<em>The Urban Developer</em>&nbsp;Plus (TUD+), our premium membership for property professionals.&nbsp;</strong><a href="https://www.theurbandeveloper.com/membership-plans" data-mce-href="https://www.theurbandeveloper.com/membership-plans"><strong>Click here to learn more.</strong></a></p><div id="2GhuueZl01Zwo2aFfjNVi2"><picture><img src="//images.ctfassets.net/8pr762qjocl3/12UMq5eMSEOh0QxJVBYaDt/d7507cf4ceb1365cc9ce7eaff84d06cc/tud___banner.jpg" alt="TUD + Banner" data-mce-src="//images.ctfassets.net/8pr762qjocl3/12UMq5eMSEOh0QxJVBYaDt/d7507cf4ceb1365cc9ce7eaff84d06cc/tud___banner.jpg"></picture><div><br></div></div>

A year-long experiment by Hip V. Hype’s Liam Wallis and his family has serious implications for property’s hottest sector: build-to-rent…

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<p>Sitting on internet servers somewhere are about 1400 planning permit applications for multi-unit housing that councils have not been able to assess for more than six months.</p><p>Around 550 of those applications have been waiting for more than a year and among them are 78 projects costing more than $10 million each.&nbsp;</p><p>That equates to 4900 new homes in Victoria yet to be considered let alone delivered.</p><p>It’s the reason Victorian premier Daniel Andrews says the state needs new housing policies and planning systems.&nbsp;</p><p>“Building, buying, renovating, renting—it just shouldn’t be this hard,” Andrews said.</p><p>“We need to build more homes, with the best design standards, where people want to live.&nbsp;</p><p>“And that means going up and out—not just out.”</p><div id="7zkUydgbcka7UqiVVlCGkM"><picture><img src="//images.ctfassets.net/8pr762qjocl3/3j3FSFZB8XHbnZ6dkA1GSM/38124fd7a90a3dd6ccd0c6bd98f38db6/Mid_article_resizes__36_.jpg" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/3j3FSFZB8XHbnZ6dkA1GSM/38124fd7a90a3dd6ccd0c6bd98f38db6/Mid_article_resizes__36_.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ Victorian premier Daniel Andrews has announced new planning reforms.<br><br></span></div></div><p><a data-mce-href="https://www.theurbandeveloper.com/articles/victoria-housing-statement-supply-planning-home-crisis" href="https://www.theurbandeveloper.com/articles/victoria-housing-statement-supply-planning-home-crisis" target="_blank" rel="noopener">With a large list of changes announced earlier this week</a>, the Victorian government has now revealed exactly what it means by planning system reform and has used the backlog of applications at local government level as proof it is on the right track.&nbsp;</p><p>Across the last year, according to the Victorian government, the number of approved homes in the state fell by 26.1 per cent.&nbsp;</p><p>Much of the data is damning—for instance, Yarra council progressed just 38 per cent of applications within the required timeframe. That council’s average processing time is 188 days.&nbsp;</p><p>The Victorian Civil and Administrative Tribunal regularly handles applications that fall under the Stonnington City Council rmeit, a council that rejects almost one in five applications, citing ‘neighbourhood character’ as a key concern.&nbsp;</p><p>Andrews has now promised a dedicated team to work with developers, councils and referral agencies to identify and resolve issues so that matters don’t need to go to VCAT.&nbsp;</p><p>That team will be in place by November and based within the Department of Transport and Planning. It will review multi-unit projects costing more than $10 million.&nbsp;</p><p>Planning minister Sonya Kilkenny will then be able to call in projects as they are reviewed.&nbsp;</p><p>“Victorians deserve a planning system that works with them, not against them,” Kilkenny said.&nbsp;</p><p>“It should be a clear, transparent and accountable system because Victorians deserve to know who is planning our city and state.”<br></p><div id="6ENrt1jalZ7B2p0OgvoNLq"><picture><img src="//images.ctfassets.net/8pr762qjocl3/3rsX8P8jWncQ3bMeLG215n/4c02aa7ccc8164e8accd8447ac58780c/city_of_stonnington_planning_overlay_edm_hero.jpg" alt="The City of Stonnington has received approval for an amendment to its planning scheme that introduces a development contributions overlay." data-mce-src="//images.ctfassets.net/8pr762qjocl3/3rsX8P8jWncQ3bMeLG215n/4c02aa7ccc8164e8accd8447ac58780c/city_of_stonnington_planning_overlay_edm_hero.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ The City of Stonnington was mentioned by the state government as having refused a myriad of applications due to neighbourhood character concerns.<br><br></span></div></div><p>A special government gazette was released right after the announcement that Amendment VC242 had been approved.&nbsp;</p><p>The amendment made changes to the Victoria Planning Provisions and all planning schemes by adding two new pathways for significant residential and office development to be submitted, assessed and approved.&nbsp;</p><p>It means expanding the Development Facilitation Program so that Kilkenny as minister becomes the decision-maker for significant residential developments that include affordable housing.</p><p>These will be medium to high-density developments that cost at least $50 million in Melbourne or $15 million in regional Victoria with at least 10 per cent set aside for affordable housing.&nbsp;</p><p>Build-to-rent projects will be included under this.</p><p>Kilkenny will still be able to approve projects that don’t meet this criteria provided the affordable housing criterion is met or if it demonstrates best practice design and environmental standards.&nbsp;</p><p>Around 13,200 homes are expected to be delivered that would otherwise be delayed without these changes, the government believes.&nbsp;</p><p>It is also expected that application timeframes for these projects will be cut from more than a year to just four months.&nbsp;</p><p>There will be new Deemed to Comply residential standards for different types of homes with 14 of the current standards codified, such as north-facing windows, overshadowing open space and street setback.</p><p>Another 39 standards will be reviewed and finalised by September, 2024. All Deemed to Comply matters will not be heard by VCAT.</p><p>It will allow planners to approve permits faster for houses with assessment only needed for what doesn’t comply.</p><div id="7InUBELLLX45OWHHp7FUhd"><picture><img src="//images.ctfassets.net/8pr762qjocl3/5hG6qJqwI9TiqwiAztKWnX/05ab84d67a7500f3c3c7ed5b46534462/frankston_view_mid_article_image.jpg" alt="Activity centres like Frankston will now have certain planning decisions made by the Victorian planning minister." data-mce-src="//images.ctfassets.net/8pr762qjocl3/5hG6qJqwI9TiqwiAztKWnX/05ab84d67a7500f3c3c7ed5b46534462/frankston_view_mid_article_image.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ Activity centres such Frankston will now have some planning decisions made by the Victorian planning minister.<br><br></span></div></div><p>The Future Homes<em> </em>program will also be expanded with more designs that developers can purchase and adapt to opt for a streamlined planning process.</p><p>These Future Homes plans are only available in the City of Maribyrnong but there are plans to extend it to all general residential zones where development is occurring within 800m of an activity centre or train station.&nbsp;</p><p>The types of homes that need planning permits will be changed as will getting approval for granny flats.</p><p>Victoria’s design standards for apartments will also be strengthened.</p><p>Activity centres will also be a focus with 60,000 homes around 10 centres being an objective for the government for the end of 2024.&nbsp;</p><p>The 10 centres will be Broadmeadows, Camberwell Junction, Chadstone, Epping, Frankston, Moorabbin, Niddrie, North Essendon, Preston and Ringwood.&nbsp;</p><div id="7InUBELLLX45OWHHp7FUhd"></div><p>Legislation including the Planning and Environmental Act 1987 will be overhauled as well.&nbsp;</p><p>A timeline for this change will be announced in the next few months.</p><p>The department will also bring on 90 new planners over the next few months to help make the changes happen.</p>

The Victorian government has detailed its revamps of the planning system as it works to speed up approvals and solve the housing crisis…

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<p>Developers can move ahead on a high-density residential precinct on Sydney Metro’s old tunneling site despite objections from City of Parramatta.&nbsp;</p><p>The NSW Independent Planning Commission (IPC) gave consent for Sydney Metro’s plans for five buildings from five to 15 storeys to be developed at 242-244 Beecroft Road, Epping.</p><p>Landcom lodged the on behalf of Sydney Metro and announced DASCO would to transform the site in October, 2021.</p><p>It was one of many projects appointed through a sales process across the&nbsp; Sydney Metro Northwest Places program, which was expected to deliver 10,000 homes on 65ha of land.</p><p>The mixed-use development in Epping comprises 374 apartments including 19 affordable homes managed by a community housing provider for a period of 15 years.</p><p>The plans also show 923sq m of commercial space at an investment of $143 million.</p><p>The IPC determined “the project was in the public interest” and was “in accordance with the objects of the [Environmental Planning &amp; Assessment Act 1979]” while acknowledging council concerns.</p><p>The commissioners visited the site in early September and invited the City of Parramatta Council to discuss their views on the project.</p><p>Instead, council officers gave a written submission about their concerns regarding building height, setbacks, separation and solar access to communal open space.&nbsp;</p><div id="38NLzq5krQ9TxqSKjc3c0i"><picture><img src="//images.ctfassets.net/8pr762qjocl3/6gZzkQLnHvsYwXIDbri5G2/b49f114364711de95e9a139757c7c71d/Copy_of_Mid_article_resizes__59_.jpg" alt="three images depicting a five building development, the design is modern with clean lines and five buildings of various sizes " data-mce-src="//images.ctfassets.net/8pr762qjocl3/6gZzkQLnHvsYwXIDbri5G2/b49f114364711de95e9a139757c7c71d/Copy_of_Mid_article_resizes__59_.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ Renders of the now-approved mixed-use development in Epping.</span></div><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;"><br></span></div></div><p>The 10.01ha site is 300m north of Epping Railway Station and surrounded by buildings up to 22 storeys.</p><p>The NSW planning minister at the time granted approval for the mixed-use development in mid-2020.</p><p>Modifications to those plans since then included changing building alignments by 15 degrees, increasing the heights by less than 4m, relocating the basement carpark and rearranging public space.&nbsp;</p>

NSW IPC gave consent for Sydney Metro’s plans for five buildings from five to 15-storeys high to be developed at 242-244 Beecroft Road, Epping...

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<p>It’s official—Sydney’s property market is overvalued.&nbsp;</p><p>According to the UBS Global Real Estate Bubble Index of 2023, the housing bubbles are deflating—real house prices fell by 5 per cent on average.</p><p>But the NSW capital remains far too expensive compared to its inhabitants’ incomes. The city chalked up 16th in the ranking of residential property markets across 25 cities around the world.&nbsp;</p><p>The reality for aspiring homeowners now is that affordability is at its worst.&nbsp;</p><p>AMP chief economist Shane Oliver said the widening gap between house prices and incomes was to blame.&nbsp;</p><p>“At its core, housing affordability is determined by home prices, income levels and interest rates,” Oliver said.&nbsp;</p><p>“Whichever way you cut it, housing affordability has deteriorated massively in recent decades.”</p><p>According to the 2023 Demographia Affordability Survey, the median multiple of house prices to income for major cities is 8.2 times in Australia, compared to 5 times in the UK.</p><p>In Sydney it’s 13.3 times the income.&nbsp;</p><p>And there is more pain in the wings, according to Oliver, who said that mortgage interest payments as a share of household income would rise to record levels once the current interest rates fully washed through.&nbsp;</p><p>The UBS analysis found that a skilled service worker had to work seven years in order to <a data-mce-href="https://www.theurbandeveloper.com/articles/sydney-luxury-market-heats-up-double-bay-ode" href="https://www.theurbandeveloper.com/articles/sydney-luxury-market-heats-up-double-bay-ode" target="_blank" rel="noopener">be able to afford to buy a 60sq m apartment near Sydney’s city centre</a>.&nbsp;</p><p>According to UBS, bubbles are linked to decoupling of prices from local incomes and rents, and imbalances in the real economy, including excessive lending and construction activity.&nbsp;</p><p>Two cities, Zurich and Tokyo, remain in the bubble-risk category, down from nine cities in the previous year’s results.&nbsp;</p><p>UBS reports that the Sydney housing market has been “very volatile” in recent years, moving in and out of the bubble risk category.&nbsp;</p><p>The Reserve Bank of Australia’s aggressive rate hikes have more recently triggered a new sharp price correction. Inflation-adjusted prices are back to 2018 levels, according to UBS.</p><p>Sydney is ranked 16th in the Global Real Estate Bubble Index for this year, with about a third of global cities falling in the fair-value category, with the remainder either overvalued or within the risk zone.&nbsp;</p><p>“After a brief period of weakness between 2018 and 2019, prices surged by almost 25 per cent cumulatively across 2020 and 2021,” the report said.&nbsp;</p><p>“Amid robust rental growth and lower household leverage, imbalances have declined sharply. The market is classified at the lower end of the overvalued territory.”</p>

Sydney's overheated market continues to run out of step with its inhabitants' incomes who are paying 13.3 times their income to afford a median-priced home...

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<p><em><br>The Urban Developer</em> is excited to invite you to an exclusive networking lunch in Melbourne,where you can connect with more than 300 property professionals and gain valuable insights from industry leaders.</p><p>This event, hosted by <em>The Urban Developer,</em> promises a three-hour, all-inclusive dining experience paired with exclusive perspectives from three prominent Melbourne developers: Time &amp; Place, Hamton, and Salta Properties.</p><p><br></p><p style="text-align: center;" data-mce-style="text-align: center;"><a data-mce-href="https://cvent.me/7Drn2L?rt=X_aufiJPxEeHOTaMYZfoiQ&amp;RefId=General+Admission+%7C+Editorial" href="https://cvent.me/7Drn2L?rt=X_aufiJPxEeHOTaMYZfoiQ&amp;RefId=General+Admission+%7C+Editorial" target="_blank" rel="noopener">Click here to register</a></p><p style="text-align: center;" data-mce-style="text-align: center;"><br></p><hr><p><br></p><h2>Event details</h2><ul><li><p><strong>Date</strong>: Friday, October 20, 2023</p></li><li><p><strong>Time</strong>: 11:30 am - 3:00 pm AEST</p></li><li><p><strong>Venue</strong>: Metropolis Southbank, Melbourne</p></li></ul><p><br></p><h2>Ticket options</h2><ul><li><p><strong>Single Ticket:</strong> $250 + GST</p></li><li><p><strong>TUD+ Members</strong>: $200 + GST (20% off)</p></li><li><p><strong>Tables (10)</strong>: $2,250 + GST</p></li></ul><p><br></p><h2>Inclusions</h2><ul><li><p>Networking drinks upon arrival</p></li><li><p>Entree and main meal</p></li><li><p>Engaging developer panel discussion</p></li><li><p>Exciting lucky door prizes (valued at over $1000)</p></li><li><p>3.5-hour drink package</p></li></ul><p><br></p><p><strong>With only 150 tickets available for sale, act swiftly to secure your spot at this must-attend event!</strong></p><p><br></p><hr><p><br></p><h2>Meet the Developers</h2><p><br></p><div><div id="2c5ATv4ujmbtVdgBoAz0Qo"><picture><img src="//images.ctfassets.net/8pr762qjocl3/1IUeuLp3hVgINbyVeGbGye/42f9d6bb8ff55ae2d85868b946176b7b/3.png" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/1IUeuLp3hVgINbyVeGbGye/42f9d6bb8ff55ae2d85868b946176b7b/3.png"></picture><div><br></div></div></div><p id="4fmEuehGaYS6Y8pzbb7MWm"><strong>Emma Woodhouse, chief operating officer,&nbsp; Salta Properties<br></strong>Emma Woodhouse brings her extensive 19-year career experience, spanning construction and development, to oversee development, project management, asset management, sustainability, and marketing. Her remarkable journey began at Lendlease before joining Salta in November, 2019.<span style="font-family: 'Droid Regular'; font-size: 18px;" data-mce-style="font-family: 'Droid Regular'; font-size: 18px;"><br></span><br></p><div id="1ZHHYwxcCKvaMX4daMZVgG"><div><div id="1uSYswoGisqIYEnBXpiIQv"><picture><img src="//images.ctfassets.net/8pr762qjocl3/6A3D4M4IHC0wgjCeq8VfdX/82c0d023f0775c89892c1360fc49ac63/1.png" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/6A3D4M4IHC0wgjCeq8VfdX/82c0d023f0775c89892c1360fc49ac63/1.png"></picture><div><br></div></div></div></div><p><strong>Paul Hameister, co-founder, Hamton Property Group</strong><br>Paul combines legal and finance expertise with a prolific real estate development career. Under his leadership, Hamton has excelled in creating sustainable, community-centered spaces across residential, commercial, and mixed-use projects. Beyond property development, Paul is a seasoned mountaineer and polar explorer.<br><br></p><div id="6uYJlNTdhIcuYR6YpCEZkq"><div><div id="6nPnEhHAFh6tKHqFMlOYUx"><picture><img src="//images.ctfassets.net/8pr762qjocl3/5DWvgK14HHQLlrt1NGKRHn/a21be646118898fb21dc99fc18b93425/2.png" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/5DWvgK14HHQLlrt1NGKRHn/a21be646118898fb21dc99fc18b93425/2.png"></picture><div><br></div></div></div></div><p><strong>Tim Price, founder, Time &amp; Place</strong><br>Tim has more than 20 years of property industry experience, and his design-driven passion has fueled significant developments in Melbourne and Sydney, with projects valued at $4.1 billion, emphasising Time &amp; Place’s commitment to transformative spaces.<br><br></p><hr><p><strong><br>Don’t miss this exceptional opportunity to network with industry professionals and gain insights from these distinguished developers. </strong></p><p>Reserve your seat today for <em>The Urban Developer </em>Long Lunch and be part of the conversation shaping the future of property development. <a data-mce-href="https://cvent.me/7Drn2L?rt=X_aufiJPxEeHOTaMYZfoiQ&amp;RefId=General+Admission+%7C+Editorial" href="https://cvent.me/7Drn2L?rt=X_aufiJPxEeHOTaMYZfoiQ&amp;RefId=General+Admission+%7C+Editorial" target="_blank" rel="noopener">Click here to find out more.</a></p>

Woody Point Revised Plans DA render-Bee Gees Pub Site.jpg

<p>Tower plans have been toned down for a waterfront former pub site north of Brisbane where chartbusting brotherly trio The Bee Gees played their first paid gig.</p><p>Sydney-based developer Traders In Purple’s revised proposal reduces the height of its approved 15-storey development at Woody Point—about 30km from Brisbane's CBD—by five levels.</p><p>The new scheme designed by Ellivo Architects splits the previous greenlit single tower proposal into two scaled-down buildings of 9 and 10 storeys with a slight increase in yield from 158 to 175 apartments.</p><p>It would be developed in two stages—the first tower comprising 104 two, three and four-bedroom apartments and the second tower 71 one, two and three-bedroom apartments.</p><p>The 6917sq m site spanning three lots at 2 and 8 Gayundah Esplanade was partially occupied by the landmark Filmer’s Palace Hotel until it was demolished in 2014 after a fire caused structural damage to the building.</p><p>Built in 1909, the pub—owned and operated by Harold and Lillian Filmer and later managed by their son Ken and his wife Mavis—earned a place in musical history as the venue where three young local lads performed their first paid gig in 1959 before becoming recording superstars as The Bee Gees.</p><p>The brothers Gibb—Barry, Robin and Maurice—reputedly each received a bottle of Coca-Cola for their singing efforts and their parents, Hugh and Barbara, were poured a beer.</p><div id="VlfUIb8brjKE8mQmfUO5m"><picture><img src="//images.ctfassets.net/8pr762qjocl3/5XWCjjBxCBEPe2dc9SmIV6/fb381112357f18e24a47f93e95a70ca0/Mid_article_resizes__75_.jpg" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/5XWCjjBxCBEPe2dc9SmIV6/fb381112357f18e24a47f93e95a70ca0/Mid_article_resizes__75_.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ The Bee Gees in the 1950s.<br><br></span></div></div><p>Traders In Purple’s original plans for the Woody Point site were given the nod in 2020 after the Planning and Environment Court upheld the council’s decision to approve its tower proposal despite community backlash and receiving more than 100 objections.</p><p>The change application filed with the Moreton Bay Regional Council is aimed at delivering a project with improved housing diversity that is more in harmony with community expectations and post pandemic lifestyle changes</p><p>“Everywhere we work, we always try to do the right thing by the community,” Traders In Purple director Charlie Daoud told <em>The Urban Developer</em>.</p><div id="unG9HdYiy7xHXw0JY2e1H"><picture><img src="//images.ctfassets.net/8pr762qjocl3/3hG9kLhdHtGHjy7N3jB0Tn/b017d75f961a1fce31fd2add8b220788/Untitled_design_-_2023-09-20T161838.752.jpg" alt="Renders of the revised plans (left) for the Woody Point site and the previously approved proposal." data-mce-src="//images.ctfassets.net/8pr762qjocl3/3hG9kLhdHtGHjy7N3jB0Tn/b017d75f961a1fce31fd2add8b220788/Untitled_design_-_2023-09-20T161838.752.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ Renders of the revised plans (left) for the Woody Point site and the previously approved proposal.<br><br></span></div></div><p>“Even though it didn’t impact them from a privacy and overshadowing point of view, the problem the community had by and large was the quantum of storeys or the overall height.</p><p>“And they were afraid what it would do was set a precedent in the precinct.”</p><p>Daoud said the redesign was initially prompted by Covid construction cost escalations and the desire to introduce more product diversity into the project due to lifestyle changes.</p><p>“It was kind of responding to accommodate for people who are now working from home as well as the need for diversity—not everybody wants or can afford a three-bedroom apartment,” he said.</p><p>“And as part of that process, we’ve also taken on board the community commentary and used that to inform the design … the height, bulk, density and scale of the project moving forward.</p><p>“We believe the revised design will not only produce a superior outcome for our future residents but also the broader community.”</p><div id="carousel-root" data-reactroot=""><image-carousel-remove-button><div class="rm-carousel-wrapper"><button id="rm-carousel" class="rm-carousel-btn">Delete</button></div></image-carousel-remove-button><div class="slider-wrap"><image-carousel><div class="slider-el"><img style="height: 100%;" title="Untitled design - 2023-09-20T161930.440.jpg" src="http://images.ctfassets.net/8pr762qjocl3/ovdJNzzGABahmg8Wi88gU/2240ab6fbd9e872db0e52c36a80cbd54/Untitled_design_-_2023-09-20T161930.440.jpg" data-mce-src="http://images.ctfassets.net/8pr762qjocl3/ovdJNzzGABahmg8Wi88gU/2240ab6fbd9e872db0e52c36a80cbd54/Untitled_design_-_2023-09-20T161930.440.jpg" data-mce-style="height: 100%;"></div><div class="slider-el"><img style="height: 100%;" title="Untitled design - 2023-09-20T162102.158.jpg" src="http://images.ctfassets.net/8pr762qjocl3/Uo5nNF2DE3ZvOBmtYeuVI/19a1257549fbaea14285871032b9c2e8/Untitled_design_-_2023-09-20T162102.158.jpg" data-mce-src="http://images.ctfassets.net/8pr762qjocl3/Uo5nNF2DE3ZvOBmtYeuVI/19a1257549fbaea14285871032b9c2e8/Untitled_design_-_2023-09-20T162102.158.jpg" data-mce-style="height: 100%;"></div><div class="slider-el"><img style="height: 100%;" title="Untitled design - 2023-09-20T163200.296.jpg" src="http://images.ctfassets.net/8pr762qjocl3/3Zy4ZUk6z6xNTGt3rJvnrc/efdd3fbdc657450e7a290c2df5f4a4b4/Untitled_design_-_2023-09-20T163200.296.jpg" data-mce-src="http://images.ctfassets.net/8pr762qjocl3/3Zy4ZUk6z6xNTGt3rJvnrc/efdd3fbdc657450e7a290c2df5f4a4b4/Untitled_design_-_2023-09-20T163200.296.jpg" data-mce-style="height: 100%;"></div><div class="slider-el"><img style="height: 100%;" title="Untitled design - 2023-09-20T163227.836.jpg" src="http://images.ctfassets.net/8pr762qjocl3/5nXXGgkJv0yIWpxxyom5zz/e5f164d4770fdddb39d793fbf5ebdacc/Untitled_design_-_2023-09-20T163227.836.jpg" data-mce-src="http://images.ctfassets.net/8pr762qjocl3/5nXXGgkJv0yIWpxxyom5zz/e5f164d4770fdddb39d793fbf5ebdacc/Untitled_design_-_2023-09-20T163227.836.jpg" data-mce-style="height: 100%;"></div><div class="slider-el"><img style="height: 100%;" title="Untitled design - 2023-09-20T163257.186.jpg" src="http://images.ctfassets.net/8pr762qjocl3/2b5NRbg4YSqLOCowPrJERm/ef7a0b9317b228db05c0728f166a4172/Untitled_design_-_2023-09-20T163257.186.jpg" data-mce-src="http://images.ctfassets.net/8pr762qjocl3/2b5NRbg4YSqLOCowPrJERm/ef7a0b9317b228db05c0728f166a4172/Untitled_design_-_2023-09-20T163257.186.jpg" data-mce-style="height: 100%;"></div></image-carousel></div></div><p><br>The new two-tower plan includes a 20m separation between the two buildings to provide a view corridor through the site as well as allowing improved natural light into both the apartments and ground-level communal recreation space featuring swimming pools and landscaped gardens.</p><p>Each of the buildings would have two basement levels accommodating a combined 325 carparking spaces.</p><p>“The development is architecturally designed to respond to the high scenic amenity values associated with the local coastal setting … [providing] housing that meets the market demands for a wide group of buyers/tenants, to help improve the housing supply shortfalls currently experienced in south-east Queensland,” a planning report said.</p><p>“The built form at the proposed height of nine and 10 storeys contributes positively to the unique coastal landscape character of Woody Point, at a scale which is generally consistent with the established character of the locality.”</p><p>Development activity has ramped up in the waterside precinct in recent years.&nbsp;</p><p>Traders In Purple has undertaken several other developments on the Redcliffe Peninsula and, if its revised plans are approved, the Gayundah Esplanade proposal would be its third at Woody Point.</p><p>Meanwhile, Lewis Land Group has poured millions of dollars into the renovation and expansion of the century-old Belvedere Hotel—affectionately known locally as “The Bel”—as well as Redcliffe's Mon Komo Hotel.</p>

A 15-storey project approved for the former site of a Queensland hotel where The Bee Gees played their first paid gig has been reworked…

RESIDENTIAL