Construction starts on the industrial-inspired Alexandria apartment development, Alex Collective
Construction has commenced on the industrial Alex Collective apartments, in the heart of Sydney's inner-city suburb of Alexandria.
It's being developed by Alexa Development and built by Ceerose, who has just commenced construction on the four striking buildings designed by Andrew Burns.
They will home 163 apartments, taking design influences from the industrial suburb and featuring intricate brickwork, saw-tooth roofs, light wells and sky bridges.
Central to the four buildings which will reach four, seven, and eight storeys, is a garden designed by landscape architecture Site Image Group. There will be cabana-styled seating flanked by a magnesium pool.
Edward Doueihi, Managing Director of Ceerose, says the start of construction is an important milestone for Alex Collective and will add to Ceerose’s impressive building portfolio.
"We are delighted to bring this industrial inspired residential development to life. Andrew Burns’ intuitive design for Alex Collective with pattern brickwork and metallic cladding will further enhance the striking facade. Hundreds of jobs will be created during construction which will help the economy as we move out of lockdown.”
The start of construction co-insides with the launch of Alex Collective’s third building Cooper, a new collection of apartments and penthouses.
Daniel McMahon, Director of Residential at Colliers, says the market remains strong for high-quality apartments situated on Sydney’s city fringe.
"Stock is very low in the Inner West which has driven sales in Alex Collective. The project has had consistent sales results during the Sydney lockdown."
Over 70 per cent of the apartments in Cooper have sold since being launched in early September.
“The release of Cooper is proof that demand continues for quality product in key Sydney locations," McMahon adds.
"Alexandria has always been a highly sought-after location with its unique terraces, warehouse style apartments and heritage homes in a historic industrial-aged setting."
Over the past 12 months property prices in Alexandria have grown almost 7.05 per cent according to CoreLogic, a trend which McMahon says is expected to continue with significant infrastructure investment in neighbouring suburbs.
There will be expansive views on the upper levels of Cooper, towards the city skyline.
Prices start at $775,000 for a one-bedroom apartments, $1,155,000 for a two-bedroom apartment, and $1.75 million for the three bedders, which offer nearly 120 sqm of space.
