Melbourne developer Beckdev recently announced plans for a 22-storey tower in Coolangatta after purchasing the site earlier this year.
Named “Palais”, the $130-million tower will comprise 175 apartments and seeks to capitalise on insatiable buyer demand on the Gold Coast.
In this TUD Plus Briefing, BeckDev director Ben Beck talks through the project, why they targeted the southern Gold Coast and the boom-to-bust nature of the city’s markets.
Beck said he had been coming to the Gold Coast for 40 years and was well aware of its cyclical nature, but believed that was set to change.
“I think there might be a bit of a flattening,” he said.
“With the crazy investment from interstate developers and also things like the Olympics coming up, we might flatten that cycle and see an improvement in the Gold Coast, which, not only for residents but also visitors, is much needed.”
Beck said the southern Gold Coast had been particularly attractive to them as somewhere new.
“Developers have had a crack at Southport, Surfers Paradise and Broadbeach, and many have done a pretty horrible job, to be honest,” he said.
“So, we wanted to go to somewhere a bit untouched and provide a quality development that really fits with our values as a developer.
“That sort of potential … we always look for the next thing if you like, and we’ve proven that across the history of the family development, and Coolangatta has got so many things going for it.”
Article Source: www.theurbandeveloper.com
‘Best of everything’: approval granted to fantastic farm that will give Coast a brand new flavour
A new agri-tourism venture is set to showcase the ‘best of everything’ from the region, with a huge Produce Hall trading seven days a week.
Coolum Beach will become home to one of the largest tourism destinations on the Coast, with Sunshine Coast Council giving development approval to Barns Lane Farm.
The farm will be set across 6.8 hectares and centre around a paddock-to-plate experience.
It will showcase Sunshine Coast goods and connect locals and tourists with the hinterland.
The 2000sqm Produce Hall will trade daily and house more than 50 short-term and long-term stallholders.
Barns Lane Farm co-founder and developer Jason Grant said it was a great chance for locals to showcase their wares.
“The Produce Hall will provide a never-before-seen opportunity for local producers, without being subjected to trading restrictions and weather conditions,” he said.
“It will offer multiple connections to the market including selling direct to the public and supplying on-site restaurants and vendors.”
Co-founder Helen Grant said there would be several features at the complex.
“It caters to the many tastes and needs of families and foodies,” she said.
“Other attractions include a distillery, brewery, dining, adventure play areas, animal farms, tours, a performance stage and much more.”
The news has been welcomed by tourism, industry bodies and local stakeholders.
Visit Sunshine Coast CEO Matt Stoeckel said the farm would provide a significant boost to the region.
“There is a huge demand for agri-tourism experiences,” he said.
“The new product will go a long way in cementing our profile as a leading agri-tourism destination.”
Coolum State School Principal Anthony Ryan said the farm would bolster the local community.
“Having this on our doorstep is really exciting,” he said.
“We’ve already implemented Barns Lane Farm themes into our curriculum, and we look forward to furthering partnership opportunities.”
It’s expected that Barns Lane Farm will create more than 170 full-time equivalent jobs across a range of industries and provide vast community and educational opportunities.
Barns Lane co-founder Jonathan Leishman said the region’s agri-business would continue to develop.
“We’re growing and supporting local in every sense of the word, including through our Joint Venture with (venture studio) Josephmark for the Agtech incubator Dirt Lab, which will nurture local innovation,” he said.
Construction will start soon, with the opening set for mid-2023.
Future stages include a 26-room boutique hotel suite and a 150-seat function venue, ideal for rural destination weddings and events.
Barns Lane Farm key features
- Site size: 6.8 hectares
- More than 170 full-time equivalent jobs expected
- Will connect locals and tourists with the hinterland
- Restaurants and cafes offering paddock-to-plate experience
- More than three hectares of productive garden beds and orchards
- 2000sqm seasonal Produce Hall with 50 short and long-term stallholders
- Agri-tech Incubator, ‘Dirt Lab’
- Events centre and boutique accommodation
- Music and arts space
- Distillery and brewery
Article source: www.sunshinecoastnews.com.au
Developer Pitches for $130m Shop-Top Housing on Bayside
Brisbane’s bayside could be going up in the world with plans for $130-million highrise shop-top housing in the heart of the seaside suburb of Wynnum.
Brisbane-based developer Hambros has lodged plans for a 21-storey apartment tower on the vacant lot neighbouring the Wynnum Central Shopping Centre, after winning approval for an small extension to the retail centre late last year.
The development comprises a 6-storey retail and commercial podium, with a 275-apartment tower above, backing on to Wynnum Central Park.
Hambros has reportedly spent about $14 million on revamping the Wynnum Central Shopping Centre on Bay Terrace, as part of a $74-million plan to rejuvenate Wynnum, including cinemas.
According to planning documents lodged with the Brisbane City Council, the tower will be made up of 54 one-bedroom apartments, 148 two-bedroom apartments, and 67 three-bedroom apartments, with six penthouses, which will have private rooftop space and their own pools.
The building height is well in excess of the allowable five to eight storeys in the Wynnum Manly Neighbourhood Plan, but town planners Gateway Survey and Planning argued the plan was “outdated” and should be overhauled.
The six-storey podium would contain two levels of parking, a retail tenancy at ground level, a floor of retail, with two storeys of commercial space for office, healthcare and events space on levels 5 and 6.
In a statement to the council Hambros director Justin Ham said the Wynnum CBD had been left behind “with no development occurring in the last 20 years”.
“Our project is designed to put Wynnum CBD on the ‘open for business’ map,” Ham said.
“This landmark development, with a construction cost estimated at $130 million will have a huge financial and community positive impact on the Wynnum CBD and surrounding areas.
“It’s a once-in-a-lifestime opportunity to create a beautiful space overlooking the best bay in the world.”
Ham said the development would bring much-needed foot traffic to the heart of the Wynnum CBD and help bolster businesses and landowners he said were struggling to remain profitable.
Taiwanese developer Shayher Group won approval for a masterplanned retail precinct at Wynnum Plaza with plans for 184 apartments across eight residential buildings as well as boutique cinemas and increased retail space, reportedly worth more than $100 million.
Work on the Wynnum Plaza redevelopment was due to commence later this year with a completion date hedged for 2024.
Article source: www.theurbandeveloper.com
New apartments central to proposed Maroochydore mixed-use development
Local private Sunshine Coast developers have lodged plans for a site on a key corner site located at the gateway entry point to the Maroochydore Priority Development Area (PDA) which is the emerging CBD of Maroochydore, and more widely the Sunshine Coast.
Designed by renowned architects, Cottee Parker, the mix-use development will comprise a mix of 16 three-bedroom and 88 two-bedroom apartments, along with 2,464 sqm of office space, an outdoor dining area and 831 sqm of food and retail space.
The ground floor space of the development will be home to five food and drink outlet tenancies, addressing and activating all road frontages, with a residential lobby off First Ave, and a commercial lobby on the Aerodrome Rd frontage. The ground floor will also contain back of house areas along with 16 car parks, screened and sleeved by tenancies and lobby areas.
Levels two to four will comprise office space with three levels of car parking and a partial mezzanine parking level accommodating a further 251 car parking spaces, as well as bicycle and motorcycle parking located behind.
Levels five to 12 will home eight levels of residences, with each level comprising 13 units each. A large 658 sqm communal open space pool and pool terrace area will be located on level five, on top of the podium, with additional amenity on the rooftop level, including a gym, a screened plant room and 252 sqm of outdoor terrace space.
Whist recognising the site’s city centre location, the development also reflects the beachside character of the local plan area by extensive integration of landscaping and implementing a light coastal colour scheme. A high level of articulation is proposed through steps in building profile, protruding balconies, architectural screening, an articulated and stepped roof line and variation in building materials and finer grain detailing.
Element Design are behind the landscaping, which will feature along all street frontages as well as being integrated within the building’s design including on all podium levels, to the edges of the communal open space area and with green walls on the Aerodrome Road frontage.
Landing on the corner of Aerodrome Road and First Avenue, the site has a high level of access to public transport with existing bus stops along Aerodrome Road located 80-metres to the south-east of the site and 220-metres to the north-west of the site.
Further, the site’s location is planned to be serviced by key public transport infrastructure including the Dedicated Public Transport Corridor (CAMCOS), CoastConnect Priority Public Transport and Bicycle Corridor and potential future Sunshine Coast Light Rail Corridor, along with First Avenue indicatively identified as part of the future light rail alignment.
Article source: www.urban.com.au
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