Blackburne Property group has appointed BGC to build its $75 million East Village project, located adjacent to the $800 million redevelopment of Karrinyup Shopping centre.
The Amberton Coastal Precinct by Stockland was named overall winner at the latest instalment of the Urban Development Institute of Australia WA Awards for Excellence.
Subiaco is set for resurgence, but it will take a coordinated approach from landlords, developers and council to take full advantage of its more than $500 million pipeline.
Premier Mark McGowan today hailed the start of construction of Blackburne's $280 million ONE Subiaco project as the first stage of the suburb's transformation.
Blackburne has appointed Multiplex to build its One Subiaco development on the former Pavilion Markets site, with 80 per cent of apartments already sold.
An analysis of more than 500 apartment sales over the past three years has shown apartments located in Claremont have maintained premium price points in comparison to neighbouring suburbs Subiaco, Floreat, Jolimont and Shenton Park.
Developers are pushing ahead with plans for new projects, hoping recent government initiatives aimed at stimulating the sector will help cushion any further COVID and economic blows.
Property developer Paul Blackburne has unveiled a $300 million plan to redevelop the former Sundowner Centre on Stirling Highway into 245 apartments with parks and cafes open to the local community.
Property developers and industry groups say the state government's move to extend the stamp duty rebate is a step in the right direction, but hope further reform will remain on the agenda.
The state government has introduced a package of planning reform measures that include streamlining approvals for 'significant' developments, with the aim to boost economic recovery.
Paul Blackburne's unwavering belief that Perth needs more apartments has been validated by the growth of his company into one of the city's most prolific developers.
Subiaco's apartments market is running hot, with Blackburne racking up rapid sales success at its $280 million One Subiaco development and boutique developer Celtic Properties launching an 82-dwelling development on Roydhouse Street.
Off-the-plan apartment buyers in Western Australia will receive a 75 per cent rebate on stamp duty for the next two years, capped at $50,000, under a stimulus package unveiled by the state government today that has been roundly welcomed by the development industry.
Blackburne has added to its upcoming project pipeline in Perth's blue-chip suburbs, after acquiring a prominent site on Stirling Highway from aged care provider Amana Living.
SPECIAL REPORT: Developers are leaving market uncertainty in the past and focusing on design and amenity to guide the next wave of Perth apartment projects.
Celsius Property Group has signed construction contractor Jaxon to build the latest apartment project at Claremont Oval, a $21 million, 40-dwelling luxury development.
Demolition work has started at Subiaco's Pavilion Markets, as developer Blackburne gears up for a marketing launch of its $235 million apartments project later this year.
Confidence is returning to Perth's apartment sector, with a surge in sales motivating developers to advance new projects, driving the highest level of approvals in the past three years.
Apartment developer Blackburne's $235 million plan to redevelop Subiaco's Pavilion Markets site has received final approval from planning authorities, paving the way for a formal marketing launch next month and a potential construction start by early next year.
SPECIAL REPORT: Paul, Nathan and John Blackburne are proving that they don't have to work for the same company to leave a family legacy in Perth's property industry.
Property group Blackburne has released further details of its planned development of the Pavilion Markets site in Subiaco, with its plans including a reduced number of apartments spread across three buildings.
AMP Capital will begin a long-awaited $800 million development at Karrinyup Shopping Centre next week, increasing the size of the centre from about 60,000sqm to almost 110,000sqm.
Apartment developer Blackburne is proceeding with its Marina East project on the Ascot marina, with a construction contract awarded to local builder Georgiou Group.
Apartment developer Blackburne has sketched out ambitious plans for one of Perth's most contentious properties, after paying $25 million for the Subiaco Pavilion Markets site.
SPECIAL REPORT: Confidence is returning to the state's apartment market, with developers seeking to boost their project pipelines. Click through to see our map with 30 apartments projects across Perth and our updated ranking of Property Developers.
BGC Australia is one of the state's largest and most diverse business groups, with revenue last financial year in excess of $2 billion from its building, construction, property, contracting, trucking and manufacturing operations.
Blackburne's Aria Swanbourne luxury apartments has been named Western Australia's development of the year, following an awards ceremony held by the Property Council of Australia WA and Rider Levett Bucknall last night.
