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Developments

Plans Filed for Third Surfers Paradise Skyscraper

Surfers Paradise

Plans for a 38-storey residential tower in Surfers Paradise have been lodged with the Gold Coast City Council, the third DA for the area filed in recent weeks.

The latest skyscraper plans were lodged by AMFS 2, led by Ayrton Mansi of the Mansi Group and Freddie Sheene, son of the late world motorbike champion Barry Sheene, for a site at 17-19 First Avenue, Surfers Paradise.

Surfers Paradise is running hot, even by its standards—the suburb hit $1.2 billion in apartment sales in the 12 months to November.

The Gold Coast’s strong apartment market during the pandemic has created a spike in projects as units increased 26 per cent in value last year.

The plans for Nineteen on First Avenue were designed by Plus Architecture and included 35 full-floor apartments with three bedrooms and north-east facing balconies.

There was also a swimming pool, work from home suites, entertaining spaces and a gym on the lower levels as well as three levels of basement car parking.

It would replace two single-storey homes on the combined 810sq m site at the corner of First Avenue and Surf Parade.

Surfers Paradise

▲ Plus Architecture used inspiration from the “dynamic theatre of the ocean” to design Nineteen First Avenue in Surfers Paradise.

The area was characterised by primarily high-rise residential developments, interspersed with older low- to high-rise developments, according to Ozone Planning Group.

“This existing character is consistent with the City Plan’s intent for Surfers Paradise to develop as a compact, high-rise neighbourhood,” the application said.

“The proposed built form incorporates elements of coastal character consistent with the existing built form within the locale as conveyed through the material and colours palette for the development.

“Being a high-end residential development, the finishes proposed are of an equivalent standard.”

In March, 2021 refinements were made to the Gold Coast city plan with mayor Tom Tate saying the city needs to be built “upwards, not outwards” in response to growing demand for new homes.

As interstate migration is expected to continue through 2022 the market fundamentals of the city are holding strong and there are no signs of an imminent bust, according to experts.

 

Article Source: www.theurbandeveloper.com

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Developments

Two pools across the road from Surfers Paradise Beach: The extensive amenity driving buyers to Pacific One

apartment tower Pacific One

Central Equity feel like they’ve nailed the brief of their buyers wants and needs at their first Gold Coast apartment tower, Pacific One.

When planning the development, which has evolved over the years, the prominent Melbourne developer expected the majority of buyers to be interested in two things; the extensive resident amenity, and the prime location near the beach.

Central Equity Executive Director Karl Kutner says their expectation has been matched so far from buyer feedback.

“The extensive amenity we’ve put together within the building, paired with the prime location just across the road from the beach, has been a big drawcard for buyers so far in the project,” Kutner says.

“Residents essentially have the choice of taking advantage of our onsite pool or gym, while also having the option of hitting the sand, the best of both worlds.”

Kutner says the demand, and expectation, is now a lot higher for this level of amenity than it once was.

“Once upon a time it was just a pool and a gym within the developments for residents. Now it’s all about how you can make the development as liveable as possible.”

Pacific One will offer over 2,000 sqm amenity, some of that dedicated just to buyers of the Sky Home and Penthouse collections, which will be officially launched later this year.

The expansive Pacific Club on level two is the main hub for the facilities. Residents will enter the tower through a two level lobby with mezzanine opening to the lushly landscaped terrace.

The main pool has a spa and children’s pool and is surrounded by poolside cabanas. A number of barbecue areas have been integrated into the landscaped areas and will be great for entertaining.

For the wellness conscious a second pool raised within the gardens with a waterfall edge will be ideal for lap swimming. There is also a spacious poolside gym, complemented by a yoga studio and sauna.

The resident’s lounge includes indoor and outdoor entertaining areas as well as a private dining room that can double up as a boardroom.

Central Equity’s plans for the prime site have evolved since securing the first development opportunity back in 2007. They were plotting a more boutique block, but as they picked up the neighbouring sites to make a 3,259 sqm corner block, much more befitting of a higher density tower.

Pacific One is located on the doorstep of the Gold Coast’s iconic Oceanway, a 36-kilometre stretch from The Spit in the north, and to Point Danger in the south.

Luxury global brands and Australian retailers line the nearby Pacific Fair, a shopping and dining destination that is just three G-link light rail stops away.

Pacific One has been popular with a diverse mix of buyers, given the varying configurations on offer, a rarity in most of the apartment developments near the Surfers Paradise sand.

“There’s not many projects at the moment in this location that offer one, two, three and four-bedroom apartments,” Kutner suggests, adding that the market has been starved of this type of product.

Article source: www.urban.com.au

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Brisbane

$130 million Wynnum CBD apartment development proposed

Wynnum CBD apartment development, Ora tower

The Brisbane-based property developer, HamBros, led by local developer Justin Ham, has lodged plans for a 27-level mixed-use development in the heart of Wynnum.

Ora, which will spread across a 7,278 sqm site at 74 Charlotte Street and 89 Bay Terrace, will be built behind the existing Wynnum Shopping Centre.

Ora, meaning ‘edge’ in Latin, has been designed by Ivory Collective and will comprise 275 apartments, with the amalgamation also planned to be home to retail space, as well as two-levels of commercial space.

“Ora is a development that intertwines the beautiful bayside environment of Wynnum with the ease and luxury of unit living,” architecture firm Ivory Collective noted in their design statement in the development application.

There will be 275 apartments in the development, made up of 54 one-bedroom, 148 two-bedroom and 67 three-bedroom apartments, along with six three-bed plus multi-purpose-room penthouses.

Ora’s floor plate is designed to orientate and capture as much of the East as possible, allowing for maximum exposure to the easterly breezes and bay views.

Wynnum CBD apartment development, Ora tower proposed

A full recreation level is planned for level five, with a 528 sqm restaurant and bar, set around an expansive pool terrace as well as a wet deck, space, sauna and steam rooms, private cabanas, a cinema, barbecues, meeting rooms, wine rooms and function spaces.

“The recreational level on Level 5 creates a space for both the public and residents alike to enjoy the beautiful bay views and surroundings,” the statement added.

Drawing inspiration from the Wynnum foreshore in both its material and palette and building form, Ora is made up of clean off-white concrete and bronzed feature cladding and batten, reflecting the warmth and clarity of the Wynnum/Manly beach front, Ivory Collective noted.

Article source: www.urban.com.au
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Developments

Education Investment Opportunity at The Mill at Moreton Bay

University of Sunshine Coast (USC),, Education Investment Opportunity at The Mill

The Mill at Moreton Bay, emerging within a significant growth corridor in south-east Queensland, is being planned, delivered and activated by Millovate to help drive Moreton Bay region’s transformation into a distinct coastal polycentric city with a green focus.

Being developed as a sustainable, industry-integrated landmark destination for future residents, businesses and industries, academics and researchers, as well as visitors, The Mill at Moreton Bay is investigating the expansion of education infrastructure.

Building on the education opportunities offered by the University of Sunshine Coast (USC) Moreton Bay that opened at The Mill at Moreton Bay in 2020, there is an exciting opportunity for other innovative and diverse education providers to be part of this project.

Millovate chair Nigel Chamier said: “We are leading the 20-year staged masterplanned development of The Mill at Moreton Bay which contributes to Moreton Bay Regional Council’s vision to enable and support population growth and economic transformation, employment and talent creation and retention, and community health, wellbeing, learning and innovation within the region.

“The Mill at Moreton Bay is primely positioned within one of Australia’s most progressive regions, with connections to the airports and major road corridors across south-east Queensland, supporting businesses and industries.”

Education proposition

Moreton Bay Regional Council’s Mayor Peter Flannery said: “Since the launch of USC Moreton Bay’s world-class full-service university campus, growth in academic enrolments and research efforts have driven the university to proceed with delivering new spaces for teaching, research, sporting and recreational facilities. This is inspiring for our community.”

Chamier said that “Millovate is focused on building capacity in innovative and diverse education, research and training offerings, and lifelong learning opportunities to be delivered at The Mill at Moreton Bay.

Educational Investment Opportunity at The Mill at Moreton Bay

▲ USC Moreton Bay at The Mill at Moreton Bay.

“New education infrastructure is proposed to serve the Moreton Bay region’s community, and people from outside the region travelling to The Mill at Moreton Bay to access opportunities to learn and grow.”

“As part of the council’s vision, The Mill at Moreton Bay will support our region’s transformation, with the capacity to become an iconic, industry-integrated precinct in south-east Queensland,” Flannery said.

“The Mill at Moreton Bay’s investment in education, technology, innovation and research will differentiate our region from others within the state, and support and drive economic transformation for our region.

“Complementing this, we encourage greater emphasis on the development of professional roles that will create, attract and retain talent within our Moreton Bay region, which offers an affordable, community lifestyle.”

Education as a catalyst for transformation

In 2013, Moreton Bay Regional Council and Regional Development Australia investigated the possibility of delivering a new tertiary education facility within the Moreton Bay region—the findings highlighted a significant demand could be delivered in an area that was well positioned to serve the entire region.

In response, the council announced in 2015 that a site had been acquired at the former Australian Paper Manufacturers Petrie Mill in the Moreton Bay region to establish a university campus as catalytic infrastructure for education and research, economic development and employment, and community development. The 200ha site had a developable area of 65 hectares.

The Mill at Moreton Bay Priority Development Area (PDA) was declared in 2016 by the Queensland government and spans 460 hectares. The council’s 200ha site is within this PDA.

“The PDA advocates accelerated planning and development, market certainty and a significant scope to develop bespoke infrastructure, focused on economic development and community development, as overarching objectives,” Chalmiers said.

“This ensures The Mill at Moreton Bay’s investment opportunities are more enticing for investors.”

In 2020, USC Moreton Bay’s stage one opened with annual academic enrolments projected to reach 10,000 by 2030.

By 2021 USC Moreton Bay’s enrolments had reached 3000. With academic enrolments surpassing expectations, stage two with three new buildings was launched in 2022, projected to open in 2023 to cater for student growth, new programs and increased research efforts. 25,000 students are expected in the long term.

Educational Investment Opportunity at The Mill, USC

Education investment opportunity

Underpinned by the region’s projected demand and forecasted shortfall in education deliverables for the region, Millovate chief executive Stuart Pickering said “we are interested in working in partnership with education sectors, investors, developers, operators, and not-for-profit organisations who want to support the creation of a community at The Mill at Moreton Bay, and drive optimum outcomes for the Moreton Bay region.”

“The Mill at Moreton Bay is planning to integrate industries within the precinct, with a focus on building capabilities in education, healthcare, knowledge and lifelong learning, innovation and creativity, and more.

“Development activities we are considering include independent early childhood, primary and secondary schools; colleges and academies; special education; vocational education and training, and innovative and diversified education services.

“Potential proponents are encouraged to explore opportunities and to demonstrate the capability and capacity to develop innovative businesses, work with organisations to grow learning and employment opportunities, and work with USC and other education providers to develop education and training programs.

“Providing world-class educational facilities, academic disciplines and a related workforce, and employment opportunities, will deliver transformational outcomes for the region.

“The establishment of USC Moreton Bay at The Mill at Moreton Bay presents opportunities to nurture innovative, collaborative and cooperative hubs and partnerships with the university to produce creative and knowledge-intensive pathways and employment opportunities, including within healthcare and wellness.”

 Education market sounding

To register interest, email tenders@procurementco.com.au by 30 June 2022, detailing, at a minimum your company name, company overview and education interest in the project.

Millovate may nominate to meet with parties that register their interest.

The transaction framework involves a successful proponent entering into a development agreement with Millovate whereby the proponent is responsible for project delivery including managing all associated costs and risks. Long-term tenure will be granted to the proponent either by sale or lease of the land upon development completion. This is not just a land sale.

In the future, Millovate will offer industry opportunities in tourism and hotel, entertainment and sport, smart-city infrastructure, arts and culture, commerce, retail, and residential accommodation, to be delivered at The Mill at Moreton Bay.

 

Article source: www.theurbandeveloper.com

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