developer

<html><body>
Developer Clement Lee, founder of Riverlee Group, was awarded a Medal of the Order of Australia for service to architecture and to philanthropy in the 2019 Queen’s Birthday Honours.

The Malaysian-Australian developer (above, right) founded Riverlee Group which he now runs the firm with his son David.

Lee is an architect and town planner, with over 40 years experience in property development in Malaysia and Australia.

The Melbourne-based private property development and investment group's projects include the proposed development atop the North Bank Goods Sheds designed by Fender Katsalidis and Oculus.

Its other current works include a 20 level commercial premises on Collins Street, currently home to the Industrial and Commercial Bank of China (below).

<img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/11/Collins.jpg">

Riverlee has also recently teamed up with Bamfa Properties with a $190 million commercial tower next to Burnley Station in Richmond.

The new 13-level office's location at 484 Swan Street, midway between Melbourne University's Burnley Campus and the popular Cremorne tech-focused office precinct, is being overseen by development director David Lee.

The group has appointed Savills Australia's Phillip Cullity to head the campaign.

Riverlee Group's most recent work has come from Tasmania.

In partnership with DarkLab, Riverlee are set to develop the famed Odean Theatre in Hobart (below).

<img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/11/Odeon1.jpg">

It was built in 1916 and is widely believed to have been based on the Strand Theatre in New York. 

The intention is to turn the almost entire city block in to one of Australia's best live music and entertainment precincts.

Riverlee and DarkLab worked together on restoring the former Tattersalls Hotel, also in Hobart, which reopened its doors this week.

They restored Altar, the 400-person live music venue.

Riverlee are also restoring Hobart's Reserve Bank building on Macquarie Street.

Constructed in 1977, the A-grade 10 storey office tower was bought by Riverlee in 2001.

Since then they have undertaken significant internal and external refurbishments. The building was awarded the ‘Enduring Architecture Award’ at the 2012 Tasmanian Architecture Awards.

The company also undertake projects in Malaysia.

In 2015 they completed The Reserve, a landmark gated development in the Klang Hills on the outskirts of Kuala Lumpur. 

 

More projects by Riverlee

[smartcode_project:default project_id=27728]

[smartcode_project:default project_id=891]
</body></html>

j.ballantyne1990-6AQqhLzZaK

Riverlee's Clement Lee recognised in 2019 Queen’s Birthday Honours

<html><body>
Melbourne developer Steller has collapsed into receivership.
Steller had a reported $4 billion-plus worth of residential and commercial projects in the pipeline with a number of high-profile development vendors and acquisitions across Melbourne.
The decision comes a few days after their stalled $80 million joint development of the <a href="https://www.urban.com.au/expert-insights/investing/100517-sorrento-s-stalled-conti-hotel-listed-for-sale" target="_blank">Conti Hotel in Sorrento</a> (above) hit the market. It is owned by hotelier Julian Gerner who bought it from the Di Pietro family in 2015. 
Gerner had embarked on a $150 million end-value restoration and redevelopment before Steller bought into the project in 2017.
Stellar was founded in 2006 by Simon Pitard and Nicholas Smedley who dissolving their partnership and selling all undeveloped assets.
Financial trouble has been cited as the likely cause.
Credit fund manager OCP Asia, who provided funding to Stellar, appointed receivers McGrathNichol Restructing to secure their position, the Australian Financial Review has reported.
The Australian reported OCP lent around $120 million. Sydney-based fund manager Atlas Advisors also lent to Steller. Atlas Advisors has advised it was not a principal lender but ran bespoke funds built to cater for the differing appetites of investors.
"The receivers are undertaking an urgent financial assessment of the assets under their control," McGrathNicol partner Keith Crawford said in a statement.
"We'll be working constructively with all stakeholders, including financiers of individual properties, to secure the best possible outcome for all parties."
OCP Asia said they will support the assets during the receivership process, providing "additional funding to ensure the assets can be maintained while options for recapitalisation, development and/or disposal are explored".
Based in Caulfield East, Steller had projects in nearby Carnegie and Bentleigh and recently completed developments in Glen Huntley and Hawthorn East. 
Guy Hedley, the executive chairman at Atlas, has since publication of their involvement, noted "Steller is going through a process of dissolving its partnership.”
“However Atlas is confident the matter will be resolved and a recovery acceptable to our investors will be achieved.”
The Age has reported Atlas placed caveats last month on a series of properties owned by Steller or the subject of Steller property developments.
Atlas has caveats over a development site at 12-18 Craig Street, East Keilor, a series of houses on Riversdale Road, East Hawthorn, the Parkdale private hospital at 152 Como Parade West and properties in Bittern, Hastings and Mornington.
 
 
 
 
 
</body></html>

jrobinson-rf4aSBido9

Melbourne developer Steller falls into receivership

<html><body>
As the City of Melbourne declares a climate emergency, we are seeing a rise in environmentally conscious and human-centric developments as residents yearn for a sustainable future. 
Here are five new developments across Australia implementing water, energy and waste efficiency into their buildings and providing residents with facilities to alleviate our car dependency.

<h2><a href="https://www.urban.com.au/new-apartments/west-end-185-rosslyn-street-west-melbourne">WEST END, WEST MELBOURNE</a></h2>

<figure><a href="https://www.urban.com.au/new-apartments/west-end-185-rosslyn-street-west-melbourne" target="_blank"><img alt="" class="image-article_full_width_580px" height="280" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/image_39.jpg?itok=kumCn2h9" title="Rendering of West Melbourne's West End by cht architects" width="580"></a>

<figcaption>Rendering of West Melbourne's West End by cht architects</figcaption></figure>Located in one of Melbourne’s emerging urban renewal precincts, West End in West Melbourne combines five apartment buildings and one hotel into a community structure separated by vibrant laneways and tree lined pathways. 
The urban sanctuary comprises of 377 apartment dwellings, laneways with restaurants, bars, cafes and a supermarket with fresh produce store, day spa, medical centre, 24/7 pharmacy, gym, pools, private cinema, wine storage, public art galleries and public parks.

West End is a leading example of new sustainable projects in Melbourne with each building within the precinct designed specifically with affordability, comfort, community or downsizing in mind. <a href="https://www.urban.com.au/architects/carr-design">Carr Design Group</a>, Hecker Guthrie, <a href="https://www.urban.com.au/news/urbancomau-profiles-10-of-melbournes-top-luxury-apartments">Mim Design</a> and <a href="https://www.urban.com.au/architects/six-degrees-architects">Six Degrees</a> all collaborate with <a href="https://www.urban.com.au/architects/cht-architects">CHT Architects</a> to create West End with people and the environment in mind. 

[smartcode_project:default project_id=1983]

The open park and laneways lined and landscaped with native trees and shrubs encourage residents to walk and engage with active lifestyles. With 200 bicycle spaces and integrated community spaces, West End demands to reach a 5 star Energy Rating as well as providing residents with the tools to continue their connectivity beyond the complex.

More than 83 per cent of <a href="https://www.urban.com.au/news/melbournes-largest-inner-city-apartment-west-end-commences-construction">City of Melbourne</a>’s residents live in apartments. Each year apartment living contributes to:

<ul>
<li>22 per cent of the city’s water usage</li>
	<li>Nine per cent of Greenhouse Gas emissions</li>
	<li>More than 20,500 tonnes of waste</li>
</ul>
<h2><a href="https://www.urban.com.au/projects/quay-quarter-tower-50-bridge-street-sydney">QUAY QUARTER TOWER, SYDNEY CBD</a></h2>

<figure><a href="https://www.urban.com.au/projects/quay-quarter-tower-50-bridge-street-sydney" target="_blank"><img alt="" class="image-article_full_width_580px" height="387" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/quay_1.jpg?itok=UHa17KJv" title="Quay Quarter's rooftop garden, rendering by 3XN" width="580"></a>

<figcaption>Quay Quarter's rooftop garden, rendering by 3XN</figcaption></figure><a href="https://www.urban.com.au/architects/3xn">3XN</a> along with local partner <a href="https://www.urban.com.au/architects/bvn">BVN</a> and Arup bring Quay Quarter Tower to Sydney’s CBD, a mixed use vertical village that rises 200 metres above the iconic Harbour. 
The large open space atriums within the tower connecting all stacks to each other provide a sense of community with visual transparency offering social interaction amongst people.  
The design of the tower incorporates ⅔ of the existing structure on site. The existing AMP centre was in much need for a revamp so the team at 3XN, BVN and Arup found a solution to incorporate its shell and core into the new tower.

Retaining the old core and recycling the facade and remainder of the floor plates to create 45,000sqm of new floor space will save 10,000 Sydney to Melbourne flights worth of carbon. 
As the new building rises, it rotates in five stacks enhancing views and maximising light for all workers and residents within the building and on street level. Rotating the tower has also been beneficial to providing exterior terraces and communal park spaces for visitors, immediately enhancing the quality of interaction city dwellers have with their environment by providing much needed green space.

The tower is targeting 6 Star Energy rating as the facade’s sun shading hoods eliminate the need for blinds and the electricity to run lights during the day time. With residents and workers becoming more environmentally conscious, the tower becomes a highly desired place to work and live. 
“We’ve found this green correlation is very popular with the market, leading to higher demand for green buildings, low vacancy rates and better returns,” - Chris Nunn, head of sustainability, AMP Capital Investors.

<h2><a href="https://www.urban.com.au/new-apartments/east-brunswick-village-127-139-nicholson-street-brunswick-east">EAST BRUNSWICK VILLAGE, MELBOURNE</a></h2>

<figure><a href="https://www.urban.com.au/new-apartments/east-brunswick-village-127-139-nicholson-street-brunswick-east" target="_blank"><img alt="" class="image-article_full_width_580px" height="294" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/1419_gabrielsaunders-bancogroup-villageavenue-ext-similar_1.jpg?itok=vpbq5fMD" title="Rendering of EBV East Brunswick Village" width="580"></a>

<figcaption>Rendering of EBV East Brunswick Village</figcaption></figure>EBV, East Brunswick is a development that has been designed with sustainability, quality of life and environmental consciousness at the forefront. During the first construction phase alone, 15,000 trucks worth of material have been recycled from the site that has helped create rock products, road bases with recycled concrete and recycled bluestone for pavements. 
An average of 7.5 Nationwide House Energy Rating Scheme NatHERS will be achieved with smart metering, LED lighting and appliances installed with automatic controls, occupancy detectors, daylight sensors and programmable timers. Double glazing and rooftop Solar panels lessens the need for energy usage throughout winter.

Drought tolerant and native plants have been used for landscaping of the project to minimise water usage as there will also be rainwater tanks for flushing, a highly efficient gas centralised hot water system and smart metering so that residents can accurately monitor energy and water consumption. Recycling facilities within the precinct provide healthy waste management and with good access to public transport, residents are encouraged to use the large amount of bike racks, flexi car pods, charging stations for electric vehicles to promote walkable, green neighbourhoods.

As well as rooftop gardens and children's playground, residents will enjoy the apiary, maintained by a qualified bee keeper, providing free local honey. 

<h2><a href="https://www.urban.com.au/new-apartments/443-queen-street-brisbane">443 QUEEN STREET, BRISBANE</a></h2>

<figure><a href="https://www.urban.com.au/new-apartments/443-queen-street-brisbane" target="_blank"><img alt="" class="image-article_full_width_580px" height="364" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/queen_st_0.jpg?itok=Sx-lWZtU" title="Rendering of 443 Queen Street by Architectus" width="580"></a>

<figcaption>Rendering of 443 Queen Street by Architectus</figcaption></figure>The 185 metre Architectus and <a href="https://www.urban.com.au/architects/woha">WOHA</a> designed tower gracing the Brisbane river waterfront offers more than just spectacular, uninterrupted views of the iconic city. 
443 Queen Street will be Australia’s first building to achieve a Generosity Index of 80 and Green Plot ratio of 197% with naturally light filled foyers, lobbies, and ventilated gardens throughout the tower. 
The tower embraces sub-tropical living with overhanging native plants over the podium balconies and a garden environment for each and every apartment. With a structure that resembles a living, breathing organism in a sub-tropical climate, it responds to its natural environment by catching the breeze and shade from the sun with a smart, calculative designed facade. 
The 264 high quality residential apartments enjoy natural green ventilation through a carefully thoughtful sealed square floor plan and will achieve a 5 star energy rating when completed in late 2020.

“443 Queen Street is about shading, sheltering, greenery and sustainability - a building that ‘breathes’ with natural ventilation and light” - Adrian Pozzo, CEO <a href="https://www.urban.com.au/developers/cbus-property">Cbus</a> Property.

<h2><a href="https://www.urban.com.au/new-apartments/lt-miller--nightingale-55-nicholson-street-brunswick-east">LT.MILLER, BRUNSWICK EAST</a></h2>

<figure><a href="https://www.urban.com.au/new-apartments/lt-miller--nightingale-55-nicholson-street-brunswick-east" target="_blank"><img alt="" class="image-article_full_width_580px" height="266" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/lt_miller_1.jpg?itok=epJDeLd_" title="Lt. Miller's rooftop garden, rendering by Gabriel Saunders for ClarkeHopkinsClarke" width="580"></a>

<figcaption>Lt. Miller's rooftop garden, rendering by Gabriel Saunders for ClarkeHopkinsClarke</figcaption></figure>The set of boutique apartments located in Brunswick East, Melbourne, offer a 100% fossil fuel free environment with a 7.5 NatHERS Rating average. 
Electricity will be supplied by an embedded network which will use a variety of renewable sources to power all apartments as well as common areas. Lobbies and corridors will be naturally ventilated with plants on every level and a 20,000 litre water tank to collect rainwater to assist in irrigating the natural surrounding landscape.  
Designed by <a href="https://www.urban.com.au/architects/clarke-hopkins-clarke-0">Clarke Hopkins Clarke</a>, in collaboration with <a href="https://www.urban.com.au/architects/breathe-architecture">Breathe Architecture</a> and developed by <a href="https://www.urban.com.au/developers/lucent-capital">Lucent Capital</a> and <a href="https://www.urban.com.au/developers/nightingale-housing">Nightingale Housing</a>, the boutique apartment building has a specific environmental approach within the design, becoming yet another important socially and environmentally conscious complex within Melbourne. With amenities such as a garden rooftop, integration and social interaction between residents is encouraged which greatly impacts positively on the quality of life.  
Natural materials will be used between private and common spaces within the complex, with carefully selected recycled timber and floor materials. The 100% natural renewable carpets for residents are made from cactus fibre and is also 100% biodegradable at the end of its life cycle with natural colouring.  
These are just a few of the ways that Lt. Miller impacts the neighbourhood and sets a standard in conscious design. 

<a href="http://greenstrata.com.au/">Green Strata</a> is a not-for-profit organisation that helps apartment owners and corporations improve sustainability in their buildings.
</body></html>

developer

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

developer

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News