Aged care and retirement living projects are replacing office buildings and apartment complexes on the drawing boards of architecture firms across Western Australia, as increasing demand for beds stokes intense competition among providers.
Creating a tourism precinct on the southern side of Fremantle Port has again been floated as a possibility, after the City of Fremantle put out the call for government and private sector support for its next wave of development opportunities.
Singapore-listed property developer Oxley Holdings has embarked on a $72 million mission to get a foothold in Australian property, acquiring 40 per cent of local development and construction group Pindan.
Telstra's administrative headquarters on Stirling Street has been sold and the new owner, a private equity player from China, plans to redevelop it into a 500-bed student accommodation facility, the second such proposal for the area.
Plans for what would become Perth's tallest building have been lodged for approval, with Singapore's Fragrance Group seeking to build a 62-level, 485-room hotel at St Andrew's Church on St Georges Terrace.
A South Perth resident group claims a Court of Appeals decision to uphold the quashing of a development approval on Mill Point Road confirms the original intent of the suburb's town planning scheme, but the developer behind the proposal says the judgement only highlights problems with development guidelines in the area.