Mixed Use

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Plans for a 49-storey mixed-use development at 194-204 Pitt Street have been lodged with the City of Sydney for review.
The DA, includes plans to protect elements of the heritage-value found in the City Tattersalls Club which has resided on Pitt Street for 123 years.
Architect firm FJMT has released a design (pictured above) which includes the construction of a 4-star boutique hotel with approximately 100 rooms and a residential tower comprising 246 apartments.
City Tattersalls Club CEO Marcelo Veloz said the submission represented a major milestone for the historic Club (pictured below) which, along with ICD Property, had to go back to the drawing board last year after an earlier development application was declined.
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"The development marks ICD Property’s first venture into Sydney after developing successful projects in Melbourne including residential high-rise Eq Tower, ongoing land subdivision community Gen Fyansford in Geelong, as well as 65 Federal Street, a mixed-use tower in Auckland whereby Woods Bagot has just been announced as the winning architect following a design competition process,“ ICD Property’s Deputy Managing Director Matthew Khoo
The activation along the ground floor will be home to modern restaurants and bars.
They noted, "following Concept DA consent, a design excellence competition will follow, in which multiple architect firms will be invited to bring the highest quality of thinking and originality to the project."
The competition jury, comprising members nominated by both the consent authority and ICD Property, will be the ultimate decision makers in selecting the winning scheme for the development.
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Plans for 49-Storey Pitt Street Tower Lodged with City of Sydney

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A recently rezoned Abbotsford land parcel encompassing 4,375 square metres has been listed. 
Fitzroys agents Paul Burns and James Lockwood are handling the international expressions of interest campaign for 112 Trenerry Crescent, Abbotsford, on behalf of the Australian Education Union (Victorian Branch).
The site has an existing four-level brick building with a NLA of 4,252 square metres.
It fronts on to the Yarra River and overlooks both Dights falls and Victoria Park, in addition to having views of the CBD skyline.
It is being offered with short-term holding income.
Burns said the property’s flexible mixed use zoning puts all options on the table for purchasers.
"Office vacancies across Melbourne’s city fringe markets have been tightening to historic lows and businesses are increasingly looking to Abbotsford as the next hotspot for commercial activity located close to the CBD," Burns said. 
Lockwood said developers are now looking beyond the heated Cremorne and Richmond markets for their next projects.
Cadence Property Group has lodged plans for a major office development on Victoria Crescent, near the Carlton and United Brewery, and Salta Property Group is undertaking a mixed-use project with office, apartment and build-to-rent components next to its Victoria Gardens shopping centre.
United Petroleum founder, Eddie Hirsch has proposed an 11-storey tower on Hoddle Street. Circa $20 million is expected for the property.
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Abbotsford parcel fronting the Yarra River on the market

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A development site in the Adelaide CBD has hit the market.
The 496 square metre L-shaped site at 399 King William Road is being marketed as a potential residential and mixed-use space.
Savills Australia’s Steve Bobridge, Peter Isaksson and Rino Carpinelli, who have been appointed to market the property, say they expect different buying groups to be interested in the property.
“Expected buying groups will include residential developers and commercial owner occupiers who could adapt the plans to suit their business with residential apartments above,” Bobridge said. 
“The vacant site has prepared plans for a 21 level mixed use development comprising residential, commercial residential and high quality residential penthouse suits with the benefit of basement car parking available.”
The site has frontage to King William Street and Gilbert Street, along with rear access to Tapleys Lane, which Isaksson believes will be attractive to prospective buyers.
“The property enjoys a commanding corner position in an area that has transformed over recent times, with a mixture of office, residential and commercial activities in close proximity,” Isaksson said. 
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Adelaide CBD development site hits the market

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Sydney developer Level 33 has received approval for a new mixed-use project at 9-15 Railway Parade in Wollongong.
It will span 18 levels.
Skye Tower will feature 105 apartments, ground floor retail and around 585 square metres of commercial space.
Eddy Haddad of Level 33 said he had been receiving a steady stream of enquiries from local buyers and investors, 
Level 33 has already completed successful projects in Wollongong, selling out the nine-story ViVid apartments in Auburn Street, a site that had been vacant for 15 years.
The group also has another major project at Denison St Wollongong, plans for which have been submitted to council.
Will Wehbe of St Trinity Property Group is project marketing the new mixed-use tower.
“Wollongong is currently experiencing a surge in popularity from Sydneysiders looking for more affordable property prices, with the region’s seaside location proving a big drawcard for many buyers, particularly those buying their first homes,” Wehbe said.
“To date we’ve had over 50 interested parties who have confidence in the property.”
Haddad said that Skye Wollongong will be officially launched mid-year.
Prices for a one-bedroom apartment at Skye are expected to start at around $460,000, while two-bedrooms including a secure car space will start at $555,000 and three-bedrooms from $750,000.
Construction is expected to commence late in 2018 and be completed by the end of 2020.
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18-storey Wollongong tower receives DA approval

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Alula, a $55 million boutique, mixed-use development in Sydney’s Waterloo by Luxeland Group has been launched.
The 42 apartment Alula Waterloo has been designed by the UK-based, Grimshaw Architects with floor to ceiling glass façade wrapping around the entire building.
Every apartment has a balcony and collapsible glass-panel living room walls.
A central courtyard is designed to bring north-south/east-west cross ventilation for every residence along with natural light refraction.
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Alula’s offering is pitched to the local owner-occupier market.
There are only eight to nine apartments per floor.
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"Grimshaw has created a truly amazing design," explains Diana Ren, Director of Luxeland.
"Around 35% of all apartments are also corner positioned on three sides, with views and expansive outdoor entertaining spaces.”
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Luxeland Group launches mixed-use development Alula in Waterloo

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Colliers International are selling a Bondi trophy asset, located in the suburbs strongest retail position.
It comes with price expectations of more than $10 million.
The mixed use holding, 62 Hall Street (pictured above), contains a ground floor pharmacy and six apartments to be sold at auction on August 30th.
“Hall Street is now considered the heart of Bondi as it is not as volatile to the seasons as Campbell Parade, so it doesn’t fall victim to the fluctuations of trade as experienced by the beachfront retailers,” stated Miron Solomons from Colliers International.
The property is located opposite Toga’s Boheme development, and adjacent to popular Hall Street retailers including Da Orazio Pizza and Porchetta, Gelato Messina plus the Adina Hotel and Harris Farm.
“The building is near new, with multiple defensive income streams from both retail and residential tenancies.
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Mixed-use Hall Street, Bondi asset on the market

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EXPERT OBSERVER
The announcement by NSW Planning Minister, Anthony Roberts, that the Liverpool city centre has been rezoned for mixed-use is a good model for all centres across Sydney.
American urbanist, Jane Jacobs, championed the need for mixed-use urban centres and the NSW Government is now supporting a similar approach for Liverpool.
The 25 hectare city centre in Liverpool is now planning to house 10,000 new homes and 22,000 new jobs as a result of the change from commercial only zoning to mixed-use zoning.
The Urban Taskforce has been critical of the zoning of strategic centres as outlined in the Greater Sydney Commission’s District Plans that did not support mixed-use zoning but preferred separate zones for housing and for jobs.
Most cities in the world are moving away from restrictive single use zoning towards a mixed-use approach that gives incentives to ensure a viable mixture of uses related to market needs.
The Liverpool model is following this approach.
A similar approach to mixed zoning should be considered for city centres like North Sydney, St Leonards, Chatswood, and Parramatta.
Each of these city centres needs the vitalisation that comes from people living, working and shopping in an urban centre.
Restaurants will have evening activity from the nearby apartments as well as lunch time activity from office workers.
The Urban Taskforce encourages the Greater Sydney Commission and the NSW Department of Planning &amp; Environment to develop planning policies that ensure viable mixed use precincts can flourish across Sydney’s urban centres.
Chris Johnson is the Urban Taskforce CEO
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Liverpool mixed-use city centre should be the model for all centres: Chris Johnson

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A Bondi retail asset located in one of the suburbs strongest retail position, Hall Street, was passed in at $7.5 million.
It came with price expectations of more than $10 million when it was first scheduled for auction on August 30.
The mixed use holding, 62 Hall Street, Bondi Beach is located opposite Toga’s Boheme development, and adjacent to popular Hall Street retailers including Da Orazio Pizza and Porchetta, Gelato Messina plus the Adina Hotel and Harris Farm.
Set on a 223 sqm block the property features the property contains a ground floor pharmacy and six apartments.
The net income of the property is $322,978 per annum.
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Bondi Beach retail asset passed in at auction

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Construction has begun on Melbourne Connect, located on the site of the former Royal Women’s Hospital.
The Woods Bagot-designed building is being developed by the University of Melbourne in partnership with a consortium led by Lendlease.
The building will be home to retail, cafes, accommodation for more than 500 students and visiting academics, a childcare centre, a co-working and commercial office space, a fabrication laboratory and Science Gallery Melbourne.
The design features a 3260 square metre ‘superfloor’ on the mezzanine level connecting the buildings that make up Melbourne Connect.
Woods Bagot principal and project architecture lead Hazel Porter says that working with CLT demonstrates the future-focused nature of the project.
"CLT stands out for its sustainability, versatility, strength and aesthetic. Long championed by Lendlease, its benefits translate to safer working environments, improved quality and faster construction time on site due to prefabrication," said Porter.
"It’s inspiring to use a technologically innovative product in an equally ground-breaking project."
The building will host to pitch nights, hackathons and masterclasses, workshops – providing opportunities to actively engage with government and industry. Childcare facilities will span the upper floors to the rooftop terrace.
Melbourne Connect is valued at $425 million and will open in late 2020.
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Construction begins on Melbourne Connect

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Property group Pellicano has commenced construction at its newest $32 million mixed-use development in Robina, Gold Coast.
It is being delivered in conjunction with long-time collaborator Quest Apartment Hotels.
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The eight-storey project has been dubbed Quest Robina and Lucia Residences.
It is Quest’s first move into the Gold Coast market and will include 80 rooms, 37 sqm of ground-floor retail, a two-level basement carpark and 24 residential apartments.
Pellicano acquired the site in 2018 from master developer Robina Land Corporation.
It secured planning approval from Gold Coast City Council in August 2018 and sealed a deal with Quest for a multi-project $182 million deal afterwards.
Quest is classified as the largest and fastest-growing apartment hotel operator in Australasia.
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Quest Apartment Hotels General Manager - Growth, James Shields said, “Our long-term partnership with Pellicano has facilitated our move into Robina, Gold Coast.
"We see Robina as a key commercial centre for the Gold Coast economy evidenced by low office vacancy, iconic commercial towers and a range of drivers across the health, sporting and retail sectors to support future growth," He concluded
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The Robina project marks one of four by Pellicano and Quest set for completion in 2020, with additional projects located in the Victorian suburbs of Ballarat, Preston and Geelong.
Once complete, the four projects will deliver 328 Quest apartment-hotel rooms, 99 residential apartments, retail space of 2,500 sqm and a conference centre including theatrette.
Pellicano has successfully completed $2.6 billion in developments since 2000. 
Other projects currently under construction by Pellicano include a 140-apartment tower housed in Brisbane’s South City Square and Alke - a residential project featuring 83 boutique apartments in Oakleigh, Melbourne. 
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