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<p><br></p><h2>OVERVIEW</h2><p>This virtual webinar provides essential development finance knowledge within a tight timeframe. Learn about bank vs. non-bank lenders, common pricing metrics, structuring options, choosing the right lenders, and explore case studies illustrating finance strategies for residential and non-residential projects.</p><p><br></p><p style="text-align: center;" data-mce-style="text-align: center;"><a data-mce-href="https://drive.google.com/file/d/120URKwjq8NuVXGdRtK4wq8rwkYVJSmiD/view?usp=drive_link" href="https://drive.google.com/file/d/120URKwjq8NuVXGdRtK4wq8rwkYVJSmiD/view?usp=drive_link" target="_blank" rel="noopener">CLICK TO VIEW RECORDING</a></p><p style="text-align: center;" data-mce-style="text-align: center;"><br></p><hr><p style="text-align: center;" data-mce-style="text-align: center;"><br></p><h2 data-mce-style="text-align: left;" style="text-align: left;">COURSE OUTLINE</h2><p><br></p><p><strong>PART ONE</strong><br><strong>Development Finance Fundamentals</strong></p><ul><li><p>Pros and cons of bank vs. non-bank lenders</p></li><li><p>Categories of non-bank lenders</p></li><li><p>Instances where non-banks are necessary</p></li><li><p>Common pricing metrics and methods</p></li><li><p>Selecting the right valuer</p></li></ul><p><br><strong>PART TWO</strong><br><strong>Understanding Funding Types</strong></p><ul><li><p>Differentiating between senior, mezzanine, preferred, and equity financing</p></li><li><p>Exploring structures and pricing mechanics</p></li></ul><p><br></p><p><strong>PART THREE</strong><br><strong>Alternative Structuring for Equity Contribution</strong></p><ul><li><p>Leveraging other properties, residential houses, and businesses for equity</p></li><li><p>Shorter-term mezzanine financing against ongoing projects</p></li></ul><p><br></p><p><strong>PART FOUR<br>Choosing the Right Lenders</strong></p><ul><li><p>Factors beyond price to consider when selecting lenders</p></li><li><p>Importance of meeting transaction deadlines</p></li><li><p>Working with industry professionals who understand and mitigate risks</p></li></ul><p><br></p><p><strong>PART FIVE</strong><br><strong>Case Study: Boutique Residential Project</strong></p><ul><li><p>Debt requirement of $5-20 million</p></li><li><p>Comparison of non-bank and bank financing for this project type/size</p></li><li><p>Cost analysis, feasibility outcomes, RoE metrics, and IRR considerations</p></li></ul><p><br></p><p><strong>PART SIX</strong><br><strong>Case Study: Larger Residential Project</strong></p><ul><li><p>Debt requirement over $30 million</p></li><li><p>Detailed analysis of a recent live project</p></li><li><p>Comparison of equity requirements, net profit margin, and pre-sales hurdles for different financing options</p>&nbsp;</li></ul><p style="text-align: center;" data-mce-style="text-align: center;"><a href="https://drive.google.com/file/d/120URKwjq8NuVXGdRtK4wq8rwkYVJSmiD/view?usp=drive_link" target="_blank" rel="noopener" data-mce-href="https://drive.google.com/file/d/120URKwjq8NuVXGdRtK4wq8rwkYVJSmiD/view?usp=drive_link">CLICK TO VIEW RECORDING</a></p><p style="text-align: center;" data-mce-style="text-align: center;"><br></p><hr><p><br></p><h3>PRESENTERS</h3><p><strong>Mark Trayner</strong><br>Managing Director<br><strong>STAC Capital<br><br></strong>In property finance, Mark has experience across a wide range of asset classes, including Residential (from townhouses to high-density residential towers), Commercial, Industrial and specialised-use such as Childcare and Retirement Villages, through all layers of the capital stack, including senior and mezzanine debt, preferential equity and joint venture arrangements.</p><p>In business &amp; corporate finance, he has a strong background in complex corporate structures, cash flow finance, asset finance, international trade, foreign exchange &amp; interest rate hedging, production and analysis of complex financial structures and models, risk assessment and management, distressed asset management and strategic stakeholder management.</p><p><br></p><p><br></p><p><strong>Dale Sparke</strong><br>Managing Director<br><strong>STAC Capital</strong><br><br>Dale has extensive experience in structuring development finance and funds some of SEQ’s leading up and coming developers such as GRAYA Group, Keystone Urban Developments, Cielo Group and SKF Developments to name a few. Dale specialises in leveraged finance and has extensive relationships in the non-bank sector.&nbsp;</p><p>It is Dale’s knowledge of both the Bank &amp; Non-Bank funding market that allows him to provide his clients with multiple funding options aligned to their particular strategies, which are invaluable to their growth.</p><p>His property investment &amp; development finance experience ranges across a wide range of asset classes, including but not limited to shopping centres, service stations, hotels and bulky-goods, as well as residential projects ranging from townhouses to high-rise apartments.</p><p><br></p><p style="text-align: center;" data-mce-style="text-align: center;"><a href="https://drive.google.com/file/d/120URKwjq8NuVXGdRtK4wq8rwkYVJSmiD/view?usp=drive_link" target="_blank" rel="noopener" data-mce-href="https://drive.google.com/file/d/120URKwjq8NuVXGdRtK4wq8rwkYVJSmiD/view?usp=drive_link">CLICK TO VIEW RECORDING</a></p><p style="text-align: center;" data-mce-style="text-align: center;"><br></p><hr><p><br></p><div id="normal-article"><p><strong>Disclaimer</strong></p><p>The Urban Developer cannot accept any liability or responsibility for loss occurring as a result of anyone acting or refraining from acting in reliance on any material contained in this presentation.</p><p><br></p><p data-mce-style="text-align: center;" style="text-align: center;"><a href="https://www.theurbandeveloper.com/tags/Professional%20Member%20Content" target="_blank" rel="noopener" data-mce-href="https://www.theurbandeveloper.com/tags/Professional%20Member%20Content">View all TUD+ on-demand content</a></p></div><div><div><br></div></div>

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<h2><br></h2><h2>OVERVIEW</h2><p><em>The Urban Developer</em> proudly presents an immersive online course designed to explore the fundamentals of marketing a new development project.&nbsp;</p><p>Attendees will gain valuable insights into the importance of brand identity, how to develop an effective marketing plan, and the key considerations for crafting a successful sales strategy.&nbsp;</p><p>Renowned expert Andrew Hoyne, from Hoyne, is leading this comprehensive program, which will equip participants with the essential skills and knowledge to excel in marketing property development projects successfully</p><p><br></p><p style="text-align: center;" data-mce-style="text-align: center;"><a data-mce-href="https://drive.google.com/file/d/1YhfUgnr5q5JuSCTmiq6vx-fS9YwQXpj7/view?usp=sharing" href="https://drive.google.com/file/d/1YhfUgnr5q5JuSCTmiq6vx-fS9YwQXpj7/view?usp=sharing" target="_blank" rel="noopener">CLICK TO VIEW RECORDING</a></p><p style="text-align: center;" data-mce-style="text-align: center;"><br></p><hr><p style="text-align: left;" data-mce-style="text-align: left;"><br></p><h2 data-mce-style="text-align: left;" style="text-align: left;">WHAT WILL BE COVERED</h2><p><strong><br>PART ONE<br></strong></p><p><strong>Developing a Property Marketing Campaign</strong></p><ul><li><p>Developing a marketing strategy</p></li><li><p>Naming: opportunities, pitfalls and approach</p></li><li><p>Identifying the purpose of the identity (place brand or campaign)</p></li><li><p>Step-by-step process for developing a compelling marketing concept</p></li><li><p>Essential components of a project's marketing campaign</p></li><li><p>Applying the campaign concept in various marketing initiatives and channels</p></li><li><p>Common pitfalls in campaign development for developers and marketers</p></li><li><p>Case studies showcasing effective marketing campaigns</p></li></ul><p><br></p><p><strong>PART TWO</strong></p><p><strong>Building a Marketing and Media Plan</strong></p><ul><li><p>Elements to include in a comprehensive marketing budget</p></li><li><p>Strategies for developing a strategic media and advertising schedule</p></li><li><p>Selecting the most effective marketing channels and justifying the choices</p></li><li><p>Key performance indicators (KPIs) for various marketing channels</p></li><li><p>Leveraging digital marketing, listing portals, social media, and content marketing</p></li></ul><p><br><strong>PART THREE</strong></p><p><strong>Executing Your Sales Strategy</strong></p><ul><li><p>Identifying the key audiences</p></li><li><p>Planning the key phases of a comprehensive sales plan</p></li><li><p>Understanding the distinctions between retail and wholesale channels</p></li><li><p>Techniques for nurturing and converting leads into sales</p></li><li><p>Essential KPIs for measuring leads and conversions</p></li><li><p>Exploring emotional triggers that influence buyer decisions</p></li></ul><p><br></p><p style="text-align: center;" data-mce-style="text-align: center;"><a href="https://drive.google.com/file/d/1YhfUgnr5q5JuSCTmiq6vx-fS9YwQXpj7/view?usp=sharing" target="_blank" rel="noopener" data-mce-href="https://drive.google.com/file/d/1YhfUgnr5q5JuSCTmiq6vx-fS9YwQXpj7/view?usp=sharing">CLICK TO VIEW RECORDING</a></p><p style="text-align: center;" data-mce-style="text-align: center;"><br></p><hr><p><strong><br>Presenter</strong></p><div id="1CtonjAnYJN0qIqnoIZOXR"><picture><img src="//images.ctfassets.net/8pr762qjocl3/2lgicEK8fIzrLNvkw4UBmD/e15581ee761d3983a8bfdbd7cf3c1c5d/Eliza_Owen__32_.png" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/2lgicEK8fIzrLNvkw4UBmD/e15581ee761d3983a8bfdbd7cf3c1c5d/Eliza_Owen__32_.png" width="155" height="155"></picture><p><strong>Andrew Hoyne<br></strong><span style="font-family: &quot;Droid Regular&quot;; font-size: 18px;" data-mce-style="font-family: 'Droid Regular'; font-size: 18px;">Founding Principal<br></span><strong>HOYNE</strong></p></div><p><br>Andrew, the founding principal of Hoyne, has had a remarkable 30-year career in project marketing, collaborating with major Australian and international developers and local governments to create iconic landmarks across the country. His global travels have reinforced the transformative power of effective placemaking on communities.</p><p>Passionate about meaningful places, Andrew authored The Place Economy, a significant series of resource books exploring best-practice placemaking worldwide and its social and economic impacts.</p><p>A sought-after speaker, Andrew presents at prestigious local and international conferences, including SXSW, Property Council NZ, ULI, International Place Branding Association, Australian Graphic Design Association, and International Urban Design Conference. His achievements in project marketing continue to inspire the industry globally.</p><p><br></p><p style="text-align: center;" data-mce-style="text-align: center;"><a href="https://drive.google.com/file/d/1YhfUgnr5q5JuSCTmiq6vx-fS9YwQXpj7/view?usp=sharing" target="_blank" rel="noopener" data-mce-href="https://drive.google.com/file/d/1YhfUgnr5q5JuSCTmiq6vx-fS9YwQXpj7/view?usp=sharing">CLICK TO VIEW RECORDING</a></p><p style="text-align: center;" data-mce-style="text-align: center;"><br></p><hr><p style="text-align: center;" data-mce-style="text-align: center;"><br></p><p><strong>Disclaimer</strong></p><p>The Urban Developer cannot accept any liability or responsibility for loss occurring as a result of anyone acting or refraining from acting in reliance on any material contained in this presentation.</p><p><br></p><p data-mce-style="text-align: center;" style="text-align: center;"><a href="https://www.theurbandeveloper.com/tags/Professional%20Member%20Content" target="_blank" rel="noopener" data-mce-href="https://www.theurbandeveloper.com/tags/Professional%20Member%20Content">View all TUD+ on-demand content</a></p>

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<p><br></p><h3><strong>OVERVIEW</strong></h3><p><strong><br></strong>As Australia faces a pressing housing affordability crisis, The Urban Developer's Affordable Housing Development vSummit aims to explore innovative approaches and the pivotal role of private sector involvement in shaping a sustainable housing future.</p><p>With a spotlight on the recent $2 billion investment in affordable housing and its potential impact, this conference brings together industry experts, policymakers, and stakeholders to address the pressing issue.</p><p>Sector experts will delve into existing and evolving financing models, community partnerships, and inclusive design principles, all crucial elements in overcoming barriers to affordable housing development.</p><p>Join us as we seek collaborative solutions to pave the way for an equitable and affordable housing landscape in Australia.<br><br></p><p data-mce-style="text-align: center;" style="text-align: center;"><strong><a data-mce-href="https://drive.google.com/file/d/1oVmUBlDkgrL46r1UnwZN_idiwbJYkU6u/view?usp=drive_link" href="https://drive.google.com/file/d/1oVmUBlDkgrL46r1UnwZN_idiwbJYkU6u/view?usp=drive_link" target="_blank" rel="noopener">CLICK TO VIEW RECORDINGS</a></strong></p><p style="text-align: center;" data-mce-style="text-align: center;"><br></p><hr><div id="3NUEMxGahK13Jy6KERE9I0"></div><div><br></div><h3><strong>TOPICS</strong></h3><p><strong>KEYNOTE</strong><br><strong>Understanding the Housing Crisis and the $2 Billion Investment</strong><br>A keynote presentation on the current state of affordable housing in Australia, analysing the Government's $2 billion investment and future prospects for the sector.<br></p><p><br></p><p><strong>PANEL</strong><br><strong>Breaking Ground: Overcoming Barriers to Affordable Housing Development</strong><br>Explore obstacles and policy solutions for streamlined affordable housing projects, tackling approvals, infrastructure, and cost reduction.<br></p><p><br></p><p><strong>PANEL</strong><br><strong>Beyond Brick and Mortar: Innovative Financing Models for Affordable Housing</strong><br>A discussion on the potential of public-private partnerships and social impact investing to bridge the funding gap and increase the supply of affordable housing.<br></p><p><br></p><p><strong>CASE STUDY</strong><br><strong>Northern Village: Local Partnerships for Social &amp; Affordable Housing</strong><br>Maximising the potential for under-utilised land – a partnership approach between philanthropy and faith-based organisations.<br></p><p><br></p><p><strong>CASE STUDY</strong><br><strong>Markham Avenue: A Landscape-Led Model for Accessible, Sustainable, and Socially Inclusive Affordable Housing</strong><br>A Homes Victoria project with 178 inclusive homes featuring sustainable design to promote residents' wellbeing and preserve the indigenous environment.<br></p><p><br></p><p><strong>CASE STUDY</strong><br><strong>Clifton Park: Affordable Housing Development Through Public-Private Partnerships</strong><br>Explore the successful collaboration between Junction, Buildtec Group, Renewal SA, and the South Australian Housing Authority in delivering 54 architecturally-designed affordable homes in Camden Park.<br></p><p><br></p><p><strong>PANEL</strong><br><strong>Rise of the Rental Revolution: Solving the Housing Puzzle with Build-to-Rent Initiatives</strong><br>Delve into the potential impact of government's tax benefits on increasing the supply of affordable housing through private sector-driven Build-to-Rent initiatives.<br><br></p><p data-mce-style="text-align: center;" style="text-align: center;"><strong><a href="https://drive.google.com/file/d/1oVmUBlDkgrL46r1UnwZN_idiwbJYkU6u/view?usp=drive_link" target="_blank" rel="noopener" data-mce-href="https://drive.google.com/file/d/1oVmUBlDkgrL46r1UnwZN_idiwbJYkU6u/view?usp=drive_link"><a href="https://drive.google.com/file/d/1oVmUBlDkgrL46r1UnwZN_idiwbJYkU6u/view?usp=drive_link" target="_blank" rel="noopener" data-mce-href="https://drive.google.com/file/d/1oVmUBlDkgrL46r1UnwZN_idiwbJYkU6u/view?usp=drive_link">CLICK TO VIEW RECORDINGS</a></a></strong></p><div><br data-mce-bogus="1"></div><div><hr><p><br></p></div><div><picture><img src="//images.ctfassets.net/8pr762qjocl3/5tZu4oYWZnLDqeG567e3AM/f6208a25610a1805d367db4904f65b22/Screenshot_2023-08-29_at_7.19.14_am.png" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/5tZu4oYWZnLDqeG567e3AM/f6208a25610a1805d367db4904f65b22/Screenshot_2023-08-29_at_7.19.14_am.png"></picture><div><br></div><p data-mce-style="text-align: center;" style="text-align: center;"><strong><a href="https://drive.google.com/file/d/1oVmUBlDkgrL46r1UnwZN_idiwbJYkU6u/view?usp=drive_link" target="_blank" rel="noopener" data-mce-href="https://drive.google.com/file/d/1oVmUBlDkgrL46r1UnwZN_idiwbJYkU6u/view?usp=drive_link">CLICK TO VIEW RECORDINGS</a></strong></p><div><br></div></div><hr><p><strong><br>Disclaimer</strong></p><p>The Urban Developer cannot accept any liability or responsibility for loss occurring as a result of anyone acting or refraining from acting in reliance on any material contained in this presentation.</p><p><br></p><p style="text-align: center;" data-mce-style="text-align: center;"><a data-mce-href="https://www.theurbandeveloper.com/tags/Professional%20Member%20Content" href="https://www.theurbandeveloper.com/tags/Professional%20Member%20Content" target="_blank" rel="noopener">View all TUD+ on-demand content</a></p>

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<p>With Brisbane to host the 2032 Olympic Games, Queensland is accelerating “smart” and “green” infrastructure projects right across the coast from Coolangatta to Coolum.</p><p>So what practical steps is the state government taking to bring Brisbane closer to being a smart city while managing rapid growth? And what differences can city residents realistically expect to see for themselves?</p><p>Exploiting a quarter century of technological progress</p><p>Vastly more ambitious than the South Bank building boom, which preceded Brisbane’s World Expo 88 in the pre-internet era, Queensland’s current infrastructure programs are exploiting the last quarter-century of technological progress.</p><p>Think sensor-triggered street lights, automated air conditioning and watering of parks and green facades. Envision robots for cleaning and construction, satmaps, swipe cards and QR codes. Data technology will be embedded in 32 existing and planned Olympic venues, the future athletes’ village at Northshore Hamilton (near Breakfast Creek) and the international media centres.</p><p>Technology will also underpin <a href="https://www.theurbandeveloper.com/articles/maroochydore-city-centre-walker-corporation-suncentral-development-construction" data-mce-href="https://www.theurbandeveloper.com/articles/maroochydore-city-centre-walker-corporation-suncentral-development-construction">a substantial city centre at Maroochydore</a>. Here, a mid-rise precinct will be powered via a solar farm at nearby Valdora, and will include fibre-optic telecommunications cables. In what may be a first for Australia, a new system will sluice garbage from chutes through underground vacuum pipes.</p><div id="5DHI4SU9devEX0uA5qDbro"><picture><img src="//images.ctfassets.net/8pr762qjocl3/1yMLmggamwjG8AVEJfuNsL/6260f48176f26bfcde22c8c16d9001c6/1.jpg" alt="An artist’s impression of the new ‘data’ city centre being developed at Maroochydoore by Walker Corporation with the Sunshine Coast City Council. " data-mce-src="//images.ctfassets.net/8pr762qjocl3/1yMLmggamwjG8AVEJfuNsL/6260f48176f26bfcde22c8c16d9001c6/1.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ An artist’s impression of the new ‘data’ city centre being developed at Maroochydoore by Walker Corporation with the Sunshine Coast City Council.<br><br> </span></div></div><h2>A ‘New Norm’ Olympics</h2><p><br>All Games facilities must align with a set of 118 reforms the International Olympic Committee (IOC) calls its “New Norm” guidelines.</p><p>These were introduced in 2018 to improve energy efficiency, cost-effectiveness and long-term value from the huge development expenditure required of host governments.</p><p>There had been concerns about integrity and wastefulness in the IOC’s old-school supervision of Games bidding and delivery processes.</p><p>Brisbane’s Games win is accelerating and expanding some major public mobility programs offering “turn up and go” transport routes for the 4.4 million people expected to live in south-east Queensland by 2031.</p><div id="6O6HsBoy9bKDxdI9OwPXY0"><picture><img src="//images.ctfassets.net/8pr762qjocl3/3RLYZR2GTYLqShus908YwV/f89e6b513d3416e41d0017dff5e2fc35/2.jpg" alt="A prototype of the Wisk aerial taxi proposed to be flying passengers around South-East Queensland before the Brisbane Olympics. Wisk Aero" data-mce-src="//images.ctfassets.net/8pr762qjocl3/3RLYZR2GTYLqShus908YwV/f89e6b513d3416e41d0017dff5e2fc35/2.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ A prototype of the Wisk aerial taxi proposed to be flying passengers around South-East Queensland before the Brisbane Olympics.&nbsp;<br><br> </span></div></div><h2>Aerial taxis without pilots</h2><p><br>The most provocative proposal—still speculative—is to introduce aerial taxis to fly passengers without pilots, but remotely supervised, between <a href="https://www.theurbandeveloper.com/articles/skyportz-electric-aircraft-evtol-development-opportunities" data-mce-href="https://www.theurbandeveloper.com/articles/skyportz-electric-aircraft-evtol-development-opportunities">future “vertiports”.</a></p><p>Wisk (backed by Boeing) has completed more than 1600 test flights with six generations of aircraft. The Brisbane model has 12 lift fans on two 15-metre wings and is powered by a battery in the tail.</p><p>Delegates at a recent Smart Cities Council transport workshop I attended noted the potential of autonomous aerial vehicles to change patterns of housing development beyond road and rail links. Even so, Queensland is rapidly expanding its terrestrial network.</p><h2>Land transport projects</h2><p><br>Brisbane’s <a href="https://www.theurbandeveloper.com/articles/brisbane-cultural-centre-metro-station" data-mce-href="https://www.theurbandeveloper.com/articles/brisbane-cultural-centre-metro-station">Cross River Rail line</a> is being extended northwards through a new twin tunnel under Brisbane River and four new underground stations at Boggo Road, Woolloongabba, Albert Street and Roma Street.</p><p>This project uses smart tunnel-boring machines to carve through the tuff (a type of volcanic rock, pronounced toof) that formed Brisbane’s geology more than 200 million years ago.</p><p><span class="mce-preview-object mce-object-iframe" contenteditable="false" data-mce-object="iframe" data-mce-p-allowfullscreen="allowfullscreen" data-mce-p-src="https://www.youtube.com/embed/TpWitOUYlHY"><iframe src="https://www.youtube.com/embed/TpWitOUYlHY" width="560" height="314" frameborder="0" allowfullscreen="allowfullscreen"></iframe><span class="mce-shim"></span></span></p><p>As well as supporting the new health, science and education precinct near Boggo Road, this rail extension will connect the city’s southern suburbs with the existing line north from Bowen Hills.</p><p>And <a href="https://www.theurbandeveloper.com/articles/gold-coast-light-rail-broadbeach-mermaid-beach-work-begins" data-mce-href="https://www.theurbandeveloper.com/articles/gold-coast-light-rail-broadbeach-mermaid-beach-work-begins">work continues on extending</a> the Brisbane-to-Gold Coast light railway (also known as the G:Link).</p><p>This extension will provide eight new stations along a 6.7km track from Broadbeach to Burleigh Heads. The G:Link service uses German Bombardier Flexity carriages that are bi-directional and air-conditioned, with low-level floors matching station platforms and storage for wheelchairs, bikes, prams and surfboards. These are electric-powered via 750V overhead cables.</p><h2>Superfast bus charging</h2><p><br>More innovative is the Brisbane Metro project, which is being tested to potentially supply 60 electric buses (or “trackless trams”) to supplement the city’s existing fleet. These would be battery-powered by a combination of 600kW, six-minute, superfast “flash chargers” at end-of-line stations and 50kW, overnight, slow chargers at depots.</p><p>Each bus can be recharged up to 85 times faster than an electric car at home – but the flash system degrades batteries more than slow charging overnight.</p><div id="3QEKhzvqmlq8qjV7X6a2wx"><picture><img src="//images.ctfassets.net/8pr762qjocl3/6Hw7fBZzH94wmmp9sX7ypV/0e75b2798da21f0d3cce1932470e1150/4.jpg" alt="Artist impression of a Brisbane Metro electric bus emerging from a city tunnel, with an older bus on the ramp." data-mce-src="//images.ctfassets.net/8pr762qjocl3/6Hw7fBZzH94wmmp9sX7ypV/0e75b2798da21f0d3cce1932470e1150/4.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ Artist impression of a Brisbane Metro electric bus emerging from a city tunnel, with an older bus on the ramp.<br><br> </span></div></div><h2>Healthy footbridges</h2><p><br>Although two of Brisbane’s four proposed “green bridges” for pedestrians and cyclists were paused to prioritise flood recovery, new crossings from the city to Kangaroo Point and Newstead to Albion are expected to open in 2024.</p><div id="2Gm0DMSy0YOlJTr2wYtDYE"><picture><img src="//images.ctfassets.net/8pr762qjocl3/1vfWoIT0SEKCgqBGcoZ0vM/a21dabd2d2daf7df09d01ac6dab51cdf/3.jpg" alt="Artist impression of the green bridge between Kangaroo Point and Ann Street now under construction in Brisbane.&nbsp;Queensland government." data-mce-src="//images.ctfassets.net/8pr762qjocl3/1vfWoIT0SEKCgqBGcoZ0vM/a21dabd2d2daf7df09d01ac6dab51cdf/3.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ Artist impression of the green bridge between Kangaroo Point and Ann Street now under construction in Brisbane.&nbsp;<br><br> </span></div></div><p>The <a href="https://www.theurbandeveloper.com/articles/kangaroo-point-green-bridge-brisbane-restaurant" data-mce-href="https://www.theurbandeveloper.com/articles/kangaroo-point-green-bridge-brisbane-restaurant">Kangaroo Point green bridge will include a restaurant</a> overlooking the botanic gardens. Newstead bridge will join the 1.2km-long Lores Bonney Riverwalk.</p><p>These are examples of a new phenomenon in public transport planning—to not merely move people between destinations but also boost their health and enjoyment outdoors.</p><p>As Smart Cities Council global chief executive Corey Gray told me at the Smart Cities Council conference: Smart cities are not ultimately about data and technology, but improving human systems.<br><br></p><hr><p><br><strong>Author</strong></p><p>Davina Jackson<br>Visiting Scholar, Department of Architecture, University of Cambridge</p><p>&nbsp;This article is republished from The Conversation under a Creative Commons license. Read the&nbsp;<a href="https://theconversation.com/queenslands-high-tech-plan-to-make-the-2032-brisbane-olympic-games-smarter-and-greener-193949" data-mce-href="https://theconversation.com/queenslands-high-tech-plan-to-make-the-2032-brisbane-olympic-games-smarter-and-greener-193949">original article</a>.</p>

The Olympic Games of 2032 will be the greenest in the event’s history as the Queensland capital ramps up its bid to become a smart city…

Top 20 Perth Development Projects

Here are Perth's top development projects...

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<p>Every day, driving along the Captain Cook Highway skirting the picturesque coastline between Cairns and Port Douglas, he gazes across the turquoise abyss of the Coral Sea.</p><p>“And every day I just look out there and go, ‘F***, I wish there was a wave’,” laments veteran surfer and developer David Imgraben.</p><p>Of course, with the Great Barrier Reef living up to its name just offshore, the forces of nature have conspired against his endless pipe dream.</p><p>But Imgraben is not letting a 2300km-long coral reef system put an end to his hopes of one day riding a barreling wave in the Far North Queensland surfing nirvana of his mind’s eye.</p><p>In the development world, imagination and opportunity are indeed two of the most powerful forces of nature.</p><p>And with the convergence of new wave pool technology, a pandemic-triggered surfing boom and surge in lifestyle-driven demand for housing there is now a rising tide of major projects with surf parks as their centrepiece.</p><p>Imgraben’s <a data-mce-href="theurbandeveloper.com/articles/plans-approved-for-aud320m-port-douglas-wave-park" href="theurbandeveloper.com/articles/plans-approved-for-aud320m-port-douglas-wave-park" target="_blank" rel="noopener">$320-million NorthBreak proposal</a> for a 40ha site near Port Douglas is among the fast-evolving new asset class, which has emerged from next-generation wave machines designed to mimic ocean swells.</p><p>At last count, the number of surf park projects planned or under construction across Australia had already hit double digits.</p><p>So far, however, only one—Urbnsurf Melbourne—is up and running. Built on a 5.4ha site owned by Melbourne Airport at Tullamarine, it is capable of generating up to 1000 waves an hour and has been attracting more than 100,000 visitors a year.&nbsp;</p><div id="73gYdHyFl2l5YSaD9nZVPA"><picture><img src="//images.ctfassets.net/8pr762qjocl3/7kcdPYg8XNAcHuOE2Luqsg/8e536641a5f885d30ae5d9aef66874c3/4.jpg" alt="A computer-generated image of the NorthBreak wave park planned for far north Queensland." data-mce-src="//images.ctfassets.net/8pr762qjocl3/7kcdPYg8XNAcHuOE2Luqsg/8e536641a5f885d30ae5d9aef66874c3/4.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ A computer-generated image of the NorthBreak wave park planned for Far North Queensland.<br><br></span></div></div><p>The planned NorthBreak Port Douglas surf park is part of a masterplanned resort earmarked for a cane farm property next to the Mowbray River and less than 10km from the tourist town.</p><p>One of a handful of local proposals utilising Canada-based Whitewater’s pneumatic Endless Surf technology, it also comprises a freshwater swimming lagoon and aqua park, 4.5-star hotel with 160 guest rooms, waterfront “paddle-in, paddle-out” villas, 35-cabin tourist park as well as alfresco dining decks, cafes and retail shops.&nbsp;</p><p>But despite being approved by the Douglas Shire Council in March, NorthBreak’s progress has been blocked by an appeal lodged with the Planning and Environment Court over claims of inappropriate land use and potential ecological impacts.</p><p>“So, we’re still going through the process,” Imbragen says.</p><p>Meanwhile, his daily commute beside the waveless wide blue yonder of the Coral Sea has become even more tortuous after a recent tour of surf park developments in Europe and the US.&nbsp;</p><p>The itinerary included a session at Alaia Bay, a wave pool in Sion at the foot of the Swiss Alps that is open almost year-round except for a three-week shutdown for maintenance.</p><p>“It blows me away,” Imgraben says. “It’s a country that doesn’t even have a coastline and there you are riding near perfect waves with this magnificent backdrop of the Swiss Alps behind you. It’s that sort of dream of being able to surf in the morning and ski in the afternoon—it’s quite do-able over there.”</p><p>The similarities between the evolution of the ski resort industry with the invention of the chairlift in the late 1930s and the current rise of surf parks with recent advances in wave pool technology is not lost on Urbnsurf founder Andrew Ross.</p><p>“From then until now there’s been about 5500 ski resorts developed around the world and 30,000 chairlifts installed,” he says. “You can see some definite parallels between what happened in snow sports and what could potentially happen in surf sports with manmade environments.”</p><div id="42VcL4pnaMiWHwWeqQLQDE"><picture><img src="//images.ctfassets.net/8pr762qjocl3/3PYEbqE19dIbespZ5CWaym/9e4fe70b55a542c2a486dcaa50d9efa5/7.jpg" alt="Slotted in the Swiss Alps: A surfer gets barrelled at the Alia Wave Park in Switzerland." data-mce-src="//images.ctfassets.net/8pr762qjocl3/3PYEbqE19dIbespZ5CWaym/9e4fe70b55a542c2a486dcaa50d9efa5/7.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ Slotted in the Swiss Alps: A surfer gets barrelled at the Alaia Bay wave park in Switzerland.<br><br></span></div></div><p>Ross—a former lawyer and investment banker—stumbled upon a newspaper article about a patent dispute over a wave pool design in 2012 and, after some research and quite a few phone calls, he found himself paddling on to a wave in a prototype surfing lagoon built under the cover of darkness in the hills behind San Sebastian in Spain.</p><p>“I paddled into my first wave, surfed along it, did five or six turns, kicked out and went ‘Holy s**t, this thing is real’,” he recalls. “The wave was only about thigh high but I could see right away where the potential for the technology could go.</p><p>“I’d turned up to the session with my cynical investment banking hat on and came away having lunch with the Wavegarden guys and signing up the rights to Australia for their technology.”</p><p>That was the easy part. Coming up with the equity for what he calls Australia’s first “church to surfing” in Melbourne was—as he puts it—“the single most difficult raise I’ve done in my career”.</p><p>“We had this unproven prototype technology and there was no business model wrapped around it.”</p><p>Eventually he says most of the capital came from “family office money and high-net-worth investors” many of whom have also supported Urbnsurf’s second wave pool project <a data-mce-href="https://www.theurbandeveloper.com/articles/urbnsurf-homebush-sydney-surf-park" href="https://www.theurbandeveloper.com/articles/urbnsurf-homebush-sydney-surf-park" target="_blank" rel="noopener">under construction at Sydney’s Olympic Park</a>.</p><div id="5zEkUk6vTLxw3CSUJyvhZr"><picture><img src="//images.ctfassets.net/8pr762qjocl3/6mo9mou0xM9Iq0wAPyOwsv/6beabb17aff01c801f1809889b07e223/8.jpg" alt="Urbnsrf Melbourne is currently the only operational surf park in Australia." data-mce-src="//images.ctfassets.net/8pr762qjocl3/6mo9mou0xM9Iq0wAPyOwsv/6beabb17aff01c801f1809889b07e223/8.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ Urbnsurf Melbourne is currently the only operational surf park in Australia.<br><br></span></div></div><p>Now spearheading US-based Aventuur’s plans for the <a data-mce-href="https://www.theurbandeveloper.com/articles/developer-southern-hemisphere-biggest-wave-park-perth" href="https://www.theurbandeveloper.com/articles/developer-southern-hemisphere-biggest-wave-park-perth" target="_blank" rel="noopener">southern hemisphere’s largest surfing lagoon development</a> on a 5.8ha site owned by the Western Australian government in Perth’s southern suburbs, Ross says the nascent asset class is on the precipice of securing “proper institutional grade capital”.</p><p>“The interesting thing about this asset class is the lagoon itself is fantastic, it makes a tonne of money and it has got a great margin profile (40-50 per cent EBIDTA) but it’s really all about its destinational value.</p><p>“It’s a massive attractor and what it does, because of that, is it then elevates all the surrounding property around the park, so having it as a centrepiece to a larger integrated property development makes a whole lot of sense.”</p><p>Imbragen agrees and says there is an accelerating incorporation of surf parks in real estate projects, which is creating a lifestyle and “enabling people to participate in that lifestyle who normally wouldn't be able to”.</p><p>“It’s only early days but already there’s probably hundreds of these wave pools in various stages of planning around the planet … and increasingly they are being used as a focal point to anchor real estate developments.”</p><h2>The race is on</h2><p><br>Ross says there is also now “a bit of a race to the finish line” occurring in the industry.</p><p>“In the same way you’ve got a limited number of airports or maybe major sports stadiums or the like, if you can be the first in a market you can get monopolistic control of it,” he says.</p><p>Much of the initial surf park development momentum came from 11-time world champion Kelly Slater’s unveiling of his Surf Ranch wave pool prototype at Lemoore in California in December 2015.</p><div id="2Q8ZblXOjqnMM5wWpFS1Ua"><picture><img src="//images.ctfassets.net/8pr762qjocl3/3w9KOET0lo1Blv2HJukpM2/f293aa9ed0ef2310fa88fa26f4be7f31/5.jpg" alt="The start of it all: Kelly Slater’s Wave Ranch put high-performance wave pools on the map." data-mce-src="//images.ctfassets.net/8pr762qjocl3/3w9KOET0lo1Blv2HJukpM2/f293aa9ed0ef2310fa88fa26f4be7f31/5.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ The start of it all: Kelly Slater’s Surf Ranch put high-performance wave pools on the map.<br><br></span></div></div><p>It remains surfing’s hottest and most expensive ticket to ride a manmade wave. Even at a reported cost of $10,000 a session or $50,000 to $100,000 a day to rent the entire facility, it is booked out up to 12 months in advance.</p><p>“That validation with Kelly supporting this space gave people a lot of confidence—you know, that the world’s best ever surfer thought that this was an authentic experience, which was true to surfing. It kind of helped everyone really and absolutely broke through a lot of barriers,” Ross says.</p><p>Avid surfer and one of Queensland’s most successful developers, Don O’Rorke, has not only ridden “the Kelly Wave” but also forged a partnership with the World Surf League—pro surfing’s governing body and a major stakeholder in the Kelly Slater Wave Company.&nbsp;</p><p>Under a plan to bring Surf Ranch to Australia revealed back in 2019, O’Rorke’s Consolidated Properties Group has proposed a $1.1-billion multistage integrated resort with a surf stadium, eco-lodge, residential development, retail village as well as a food and beverage precinct on a 510ha site at Coolum on the Sunshine Coast.</p><p>But with the project still awaiting support from the local council and Queensland government it has been left in limbo.</p><p>“We remain in discussions with the state government and the Sunshine Coast Council in regard to what we can do with our Coolum land,” O’Rorke recently told <em>The Urban Developer</em>.</p><p>Meanwhile, a legal stoush has unfolded between two other rival surf parks planned for the region. One of them is a 25ha integrated resort development by Sanad Capital that has recently begun works on what its chief executive Bradley Sutherland claims will be “the best surf pool in Australia” using American Wave Machine's PerfectSwell technology.</p><p>North of Sydney, Wiseman’s Surf Lodge—a $120-million adaptive re-use of an existing hotel complex—has been approved for a freehold 18ha site on the banks of the Hawkesbury River. It is being developed by surf park creator and operator Balnce with funds raised through an unlisted property trust.</p><p>It will be operated under a private membership and events model.</p><div id="4ejfwZiNUER6QTLHyRvqJs"><picture><img src="//images.ctfassets.net/8pr762qjocl3/1Fv0isPEd0UNiU2mkxbj7I/25d895844ab9a1d922bc05af85afc741/Mid_article_resizes__23_.jpg" alt="A render of the planned Wiseman’s Surf Lodge, north of Sydney." data-mce-src="//images.ctfassets.net/8pr762qjocl3/1Fv0isPEd0UNiU2mkxbj7I/25d895844ab9a1d922bc05af85afc741/Mid_article_resizes__23_.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ A render of the planned Wiseman’s Surf Lodge, north of Sydney. <br><br></span></div></div><p>Director John Du Vernet says the capital raise has reached its minimum target to start construction on the project, which has been designed by architect Kelvin Ho— also known for his work with pub tsar Justin Hemmes’s Merivale hospitality ventures.</p><p>“It’s an asset class that is just ripe for growth,” he says. “And there’s more and more coming online globally … so, clearly, they’ve established themselves as investable and the future should be very exciting for valuations.”</p><p>Referring to the development parallels drawn with the ski resort industry, Du Vernet says: “If you think about it, where’s the value created? It’s not on the mountain, it’s all around the mountain … it’s a total halo effect.</p><p>“And that’s why we want to be the landlord, not the tenant, because all the value is in the ground.</p><p>“We’ve always thought that when you’re spending this much money on ground improvements, you want to have freehold. So, we discounted leasehold opportunities and that allows you to look at these assets slightly differently, it allows you to really leverage the site.”</p><h2>Ripple effect</h2><p><br>The project’s ripple effect is already being felt with billionaire property mogul Sam Arnaout’s Iris Capital forking out about $10 million for nearby heritage pub the <a data-mce-href="https://www.theurbandeveloper.com/articles/iris-capital-bill-young-wisemans-inn" href="https://www.theurbandeveloper.com/articles/iris-capital-bill-young-wisemans-inn" target="_blank" rel="noopener">Wisemans Ferry Inn Hotel.</a></p><p>On the central Queensland coast near Yeppoon, a development agreement was recently struck between Surf Lakes International—innovator of arguably one of the most unique prototype wave-making contraptions—and wave pool operations company Global Surf Parks.</p><p><span class="mce-preview-object mce-object-iframe" contenteditable="false" data-mce-object="iframe" data-mce-p-allowfullscreen="allowfullscreen" data-mce-p-src="https://www.youtube.com/embed/zFlV5LUA30g"><iframe src="https://www.youtube.com/embed/zFlV5LUA30g" width="560" height="314" frameborder="0" allowfullscreen="allowfullscreen" data-mce-src="https://www.youtube.com/embed/zFlV5LUA30g"></iframe><span class="mce-shim"></span></span></p><p>The facility’s Mad Max-like plunger technology has the capacity to create 2000 rides an hour with 200 surfers in its large 80-million-litre man-made lake at a time.&nbsp;</p><p>Under the agreement, the existing research and development site will be rebuilt, expanded from a 6ha to 40ha footprint and developed in three stages—with the first priority being to establish its facilities so that it can be opened to the public.</p><p>Approval was granted last year allowing for accommodation, a food and beverage precinct, camping and glamping facilities as well as an events and entertainment area.</p><p>“We’re looking at this being a destination,” says Global Surf Parks business development manager Wayne Dart. “I mean, we’ve got 800m of waterfront land in a spectacular environment—so, obviously, from a residential, hotel, retail, commercial or food and beverage perspective you’re looking at prime land.</p><p>“And we’ve already had discussions with quite a few developers who may take on the remaining acreage.”</p><p>Aventuur’s Andrew Ross says the new asset class is filled with very passionate people who believe in it but he adds—without pointing his finger—that some of them suffer from an affliction he calls ‘surf park fever’.</p><p>“The symptoms of surf park fever are a complete suspension of reality when it comes to commercial matters and thinking about property development and the like, and just an abiding passion and unrelenting desire to get the thing built in your hometown so you can actually surf it.”</p><div id="1U6g4SaVJVXaCAgO4aZdfQ"><picture><img src="//images.ctfassets.net/8pr762qjocl3/7okH3TG2JJn5m37EbveudR/c04e7d046fc8894d8032aef3564c45cf/2.jpg" alt="A render of Aventuur's planned Perth wave park." data-mce-src="//images.ctfassets.net/8pr762qjocl3/7okH3TG2JJn5m37EbveudR/c04e7d046fc8894d8032aef3564c45cf/2.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ A render of Aventuur's planned Perth wave park.<br><br></span></div></div><p>Ross says the fundamental way for a surf park business to make money is “a function of bums on boards multiplied by frequency of waves—that’s kind of essentially what it comes down to”.</p><p>But he warns: “This is a very technical, in some respects very difficult space to develop in. These are incredibly complicated pieces of infrastructure that you need to build. And then they’re linked to a highly complicated operating model.”</p><h2>Limited opportunity</h2><p><br>In the Australian context, his research indicates the window of opportunity may be limited to as few as “probably 10 or 11” commercial surf parks across the whole country that will “perform well, do a decent return for their investors and provide good solid experiences for their guests”.</p><p>“And you’re going to have to deliver an authentic experience for it to be successful,” Ross says. “These assets are not a soul-less space, they very much have to have a soul.</p><p>“Success for me was when I heard people starting to refer to the surf park in Melbourne as their local break.</p><p>“There’d be a bunch of people driving up from Torquay and Bells Beach to surf in the lagoon, which in itself was incredible to me—we’d turned the traffic around and all the cars with surfboards on their roof racks were heading towards Melbourne rather than down the coast.</p><p>“But then you’d also have all of these locals surfing in the park referring to these ‘coastals’ coming into their lagoon … that’s just an illustration of culturally what success can be around these assets.</p><p>“People have a great deal of ownership of these things and they can sniff out really quickly if you’re not authentic.&nbsp;But the opportunity is there and if you get it all right it’s a fantastic ride.”<br><br></p><hr><p><strong><br>You are currently experiencing <em>The Urban Developer</em> Plus (TUD+), our premium membership for property professionals. </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>

Surf parks as development centrepieces are on the rise, riding the wave of new technology, a pandemic-triggered surfing boom and lifestyle-driven housing demand...

<div class="row" data-reactroot=""><div class="cell cs12 cx12"><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><br></p><p>The construction of the world’s tallest timber residential building is well underway, in </p><p><a href="http://www.lendlease.com">Lend Lease’s</a> latest bid for environmentally sustainable living.</p><p><br></p><p>Due for completion in October this year, </p><p><em>Forté Living</em></p><p> is the most recent addition to Melbourne’s Victoria Harbour and is Australia’s first timber high-rise.</p><p><br></p><p>Featuring 10 levels and 23 boutique apartments, </p><p><em>Forté </em></p><p>will be constructed from </p><p><a href="http://www.timber.net.au/index.php/cross-laminated-timber.html">Cross Laminated Timber</a>, a durable solid-wood building material that is sustainable and boasts great thermal regulation.</p><p><br></p><p>Forté’s contemporary use of CLT is also said to reduce carbon emissions by over 1,400 tonnes when compared to other conventional materials such as steel and concrete, which is equivalent to taking 345 cars off the road for a year.</p><p><br></p><p>Lend Lease Australia’s Head of Sustainability, Cate Harris, says the building’s use of CLT is an important step in the right direction for sustainable development and the reduction of carbon emissions.</p><p><br></p><p>“CLT is revolutionising the use of timber in construction by introducing a more efficient and environmentally-friendly construction process that has not been undertaken in Australia before, but has a proven track-record through Europe,” Ms Harris said.</p><p><br></p><p>“In 2001, we introduced the innovation of chilled beam technology to the Australian market, which has now become an industry norm. CLT is another example of how we are leading the way with innovations that will challenge and improve current building practises in the industry.”</p><p><br></p><p>Other sustainable features of the development include its use of energy efficient LED lights, rainwater capture and recycling, bike share facilities, individual veggie gardens, solar shading, as well as smart metering systems fitted in-home for residents to track their individual energy consumption.</p><p><br></p><p>With a target towards owner occupiers, the boutique offering features:</p><p><br></p><p>- one bedroom apartments from 69 to 87 square metres</p><p><br></p><p>- two bedroom apartments from 91 to 114 square metres</p><p><br></p><p> </p></div></div></div></div></div>


 The construction of the world’s tallest timber residential building is well underway, in   latest bid for environmentally sustainable living. 
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Brisbane's skyline is set to transform rapidly over the coming years thanks to a number of major development projects... 

TUD+ Briefing | Stamford_Survey

<div class="row" data-reactroot=""><div class="cell cs12 cx12"><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p>Property lenders are lining up to provide capital on new projects as the industry suddenly gains momentum, in stark contrast to the situation six months ago.</p><p>According to Stamford Capital’s annual Real Estate Debt <a href="https://www.theurbandeveloper.com/articles/capital-supply-could-outstrip-demand">Capital Markets survey</a>, non-bank lenders are taking advantage of this renewed confidence across a number of asset classes.</p><p>Survey participants include the big four banks, second-tier banks, non-bank lenders, foreign financial institutions and the broader private capital market—more than half of which have loan books of more than $500 million.</p><p>In this TUD+ Briefing, Stamford Capital joint managing director Michael Hynes discusses the outlook for construction lending as well as an easing in pre-sale criteria with increasing deal competition from more non-bank lenders.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><iframe sandbox="allow-forms allow-scripts allow-pointer-lock allow-same-origin allow-top-navigation allow-presentation" class="embed-responsive-item" allowfullscreen="" frameBorder="0" style="max-width:574px" width="100%" height="323" src="https://www.youtube.com/embed/1JCXTUvoHTA"></iframe></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><br>“There’s more money, it’s cheaper and non-bank lenders are being materially more aggressive in chasing deals and the leverage that is available is greater than it was 12 months ago,” Hynes said.</p><p>“The irony is, we are currently in a red-hot residential market, and the idea of getting no pre-sale finance prior to the pandemic was seen as a ‘special’ thing, whereas now, we just grab it off the shelf.”</p><p>Survey results suggest non-bank and private lenders are loosening lending criteria, with 30 per cent of participants not requiring pre-sales to fund construction, compared to 14 per cent a year ago. More than half of private lenders do not require any pre-sales.</p><p>Pre-sale thresholds have also dropped back—a little more than half of all lenders now require pre-sale commitments of more than 35 per cent of debt coverage, down from 72 per cent pre-pandemic. However, 88 per cent say pre-sales hurdles are likely to be maintained.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><strong>You are currently experiencing </strong><strong><em>The Urban Developer</em></strong><strong> Plus (TUD+), our premium membership for property professionals. </strong><a href="https://www.theurbandeveloper.com/membership-plans"><u><strong>Click here</strong></u><strong> to learn more.</strong></a></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/4fb872c4-2507-449c-af93-4c928c2ed849.png" width="800"/></picture><div></div></div></div></div></div></div></div>

In this TUD+ Briefing, Stamford Capital joint managing director Michael Hynes discusses the outlook for construction lending...

Sherpa Developer Gold Coast

<div class="row" data-reactroot=""><div class="cell cs12 cx12"><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p>What’s in a name? Plenty for Gold Coast-based Sherpa Property Group, according to chief executive Christie Leet.</p><p>Sherpa is ramping up its development pipeline with the acquisition of two new sites, in Biggera Waters and Burleigh Heads.</p><p>The two deals build upon recent sales success and extend the group’s workbook on the Gold Coast to $250 million.</p><p>In this TUD+ Briefing, Leet explains how the company approaches projects and its philosophy, why the Gold Coast is it’s home ground and the significance of that name.</p><p>Leet said not long before moving to the Gold Coast from the Whitsundays, he had been to the Mt Everest base camp, and saw similarities between the work Sherpas do and the role of developers.</p><p>He said that like the Sherpas of the Himalayas, his company aims to do the heavy lifting for the end user.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><iframe sandbox="allow-forms allow-scripts allow-pointer-lock allow-same-origin allow-top-navigation allow-presentation" class="embed-responsive-item" allowfullscreen="" frameBorder="0" style="max-width:574px" width="100%" height="323" src="https://www.youtube.com/embed/j43FC_GfKZA?rel=0"></iframe></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><br>Leet said the Gold Coast had underlying factors that made it a strong market, including high employment, strong migration, and an availability of sites for projects.</p><p>“We’ve established what we want and what we do, and when you do that, projects come to you,” he said.</p><p>“That’s what happened in both cases with the Biggera Waters and Burleigh Heads projects—they came to us.”</p><p>Leet said looking beyond the coastal strip had paid off for Sherpa, and that by working up a model for development away from the coast, they’d been able to make the most of these two opportunities.</p><p>He said there were locations on the Gold Coast of value and interest away from the beach.</p><p>“The northern Gold Coast, along the Broadwater, is exceptional,” he said.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><strong>You are currently experiencing </strong><strong><em>The Urban Developer</em></strong><strong> Plus (TUD+), our premium membership for property professionals. </strong><a href="https://www.theurbandeveloper.com/membership-plans"><u><strong>Click here</strong></u><strong> to learn more.</strong></a><strong></strong></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/4fb872c4-2507-449c-af93-4c928c2ed849.png" width="800"/></picture><div></div></div></div></div></div></div></div>

It’s one of the nation’s hottest development locations, so what’s behind Sherpa’s success on Queensland’s Gold Coast? 

The success of acclaimed social housing project 11 Gibbon St in inner Sydney wasn’t by chance. In this TUD Plus Briefing, SGCH’s Andrew Brooks outlines how listening to what the neighbours expected was vital.

<div class="row" data-reactroot=""><div class="cell cs12 cx12"><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p>Social housing had to be a “neighbour of choice” and the secret is as simple as listening to the community, says SGCH group executive Andrew Brooks.</p><p>In this TUD Plus Briefing from <em>The Urban Developer’s</em> <a href="https://the-urban-developer.myshopify.com/collections/on-demand-webinars/products/affordable-and-social-housing-vsummit-1">Affordable and Social Housing vSummit</a>, Brooks details the group’s $90-million, 18-storey project in inner-Sydney’s Redfern, and talks about removing the stigma often associated with social and public housing.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><iframe sandbox="allow-forms allow-scripts allow-pointer-lock allow-same-origin allow-top-navigation allow-presentation" class="embed-responsive-item" allowfullscreen="" frameBorder="0" style="max-width:574px" width="100%" height="323" src="https://www.youtube.com/embed/SvIudcZ1BoQ?rel=0"></iframe></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><br>Brooks said that on top of learning from previous projects, SGCH undertook extensive consultation.</p><p>“We had quite a lot of community consultation before we entered into that design [stage] to understand what the community expectations were because it’s in our business and in our DNA to be the neighbour of choice rather than coming in with a stigma,” he said. </p><p>“Well, this is social housing and how does that fit? I think we just open eyes and hear what the community has to say, what their expectations are and really trying to dovetail with that. </p><p>“We’re there for the long term. </p><p>“And I think having a management presence on site … is helping us to have that conversation on a continuous basis rather than being an absent landlord and hopefully everything sorts itself out—it doesn’t.”</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><strong>You are currently experiencing </strong><em><strong>The Urban Developer</strong></em><strong> Plus (TUD+), our premium membership for property professionals. </strong><a href="https://www.theurbandeveloper.com/membership-plans"><strong>Click here to learn more.</strong></a><strong></strong></p><p><strong></strong></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/4fb872c4-2507-449c-af93-4c928c2ed849.png" width="800"/></picture><div></div></div></div></div></div></div></div>

Creating social housing projects that are actually welcomed to a neighbourhood can be as simple as listening to what that community expects...

Sentinel Element 27 Perth

<div class="row" data-reactroot=""><div class="cell cs12 cx12"><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p>US build-to-rent giant Sentinel Real Estate’s maiden development in Perth has claimed the title of Australia’s first purpose-built, institutional-grade build-to-rent project.</p><p>The first stage of Sentinel’s Element 27 development in Subiaco is now certified as the first carbon neutral project of its kind.</p><p>The 93-apartment first phase of the flagship development has been open since April, 2019 and is fully leased. </p><p>In this TUD+ Briefing, Sentinel’s Keith Lucas, now managing director of its Australian arm after serving in a similar capacity in New York, discusses the group’s longstanding build-to-rent strategy, its approach to sustainability and the long-term viability of the nascent build-to-rent sector.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><iframe sandbox="allow-forms allow-scripts allow-pointer-lock allow-same-origin allow-top-navigation allow-presentation" class="embed-responsive-item" allowfullscreen="" frameBorder="0" style="max-width:574px" width="100%" height="323" src="https://www.youtube.com/embed/BD5scS3MbaA"></iframe></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><br>“Element 27 is managed by one single landlord, with 170 residents currently across the 93 units,” Lucas told <em>The Urban Developer. </em></p><p>“Importantly, the key component to our build-to-rent strategy is that the residents are the focus of the business model.” </p><p>The three-stage development with 264 units was designed to incorporate environmental strategies to conserve water and energy, reduce greenhouse gas emissions and minimalise maintenance and waste through durable products.</p><p>“A lot of effort has gone into achieving this accreditation and we have produced a building which is highly energy efficient,” Lucas said.</p><p>“There has been a lot of work between Sentinel, our design consultants, the Green Building Council of Australia and Climate Active to come up with a strategy to benchmark a project like this.</p><p>“The biggest challenge was working through available data from the housing market and [build-to-rent] apartment properties to benchmark performance.</p><p>“This project will now set the standard for what energy performance looks like and how it gets improved.”</p><p>The building has now been recognised as the first carbon-neutral certified apartment building in Australia under the Climate Active Carbon Neutral Standard for Buildings.</p><p>The second stage of the project is approaching practical completion and is due to open in September, while construction of the approved final stage of the project is expected to begin later this year.</p><p>Sentinel, which has much of its $10-billion real estate portfolio tied up in <a href="https://www.theurbandeveloper.com/articles/sentinel-build-to-rent-project-scarborough-perth">build-to-rent properties</a>, currently has upwards of <a href="https://www.theurbandeveloper.com/articles/green-light-for-perth-build-to-rent-tower">1000 build-to-rent apartments in various stages of development</a> in Australia.</p><p>Lucas said the group was now planning to deliver a further 5000 to 10,000 units during the next three years.</p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><hr/></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><strong>You are currently experiencing</strong><em><strong> The Urban Developer</strong></em><strong> Plus (TUD+), our premium membership for property professionals. </strong><a href="https://www.theurbandeveloper.com/membership-plans"><u><strong>Click here</strong></u><strong> to learn more.</strong></a></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/4fb872c4-2507-449c-af93-4c928c2ed849.png" width="800"/></picture><div></div></div></div></div></div></div></div>

American build-to-rent giant Sentinel Real Estate has achieved an Australian first with its maiden development in Perth...

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