News Articles for DevelopmentWA

The future of Karratha's $70 million DoubleTree by Hilton proposal appears to be tied to the health of the Pilbara economy, with the hotel's developer forced to redesign the project to finalise a suitable construction financing deal.

Plans for a $70 million DoubleTree by Hilton Hotel in Karratha appear to be in disarray, with the developer behind the project unable to source the funds required to begin construction.

LEND Lease is upping the ante on renewable energy and sustainability at its Alkimos Beach estate in the northern suburbs, recording Australian firsts in terms of green building and energy storage.

The transition of the Karratha economy away from its reliance on big construction jobs for resources projects has resulted in thousands of job losses.

Developer Stirling Capital has appointed Pindan to construct a $30 million, 50-apartment project at the former Carine Tafe site.

LandCorp has awarded Perth-based contractor Brierty an $11 million contract to build the first stage of its Broome Road Industrial Park in the Kimberley.

The City of Rockingham's push for higher-density development along its coastal and CBD precincts is starting to pay dividends, with more than $100 million in residential projects under construction or approved to be built, which will collectively add more than 600 apartments, as well as two hotels.

The state government has introduced a new rebate scheme for people who purchase a block of land in one of 40 land estates across regional Western Australia.

Significant hurdles remain in meeting both government and consumer demand for urban infill developments.

The next stage of LandCorp's Claremont on the Park has been unveiled, with developer Mirvac Group launching sales for a luxury 142 apartment project today.

Final design works and construction valuations are under way for the long-awaited $70 million DoubleTree by Hilton hotel in Karratha, with building expected to begin before the middle of the year, albeit at a new location, in the Pilbara town's CBD.

Developers will be able to get a slice of prime coastal land near the South Fremantle Power Station early next year, after the state government today approved the master plan for the redevelopment

South Fremantle Senior High School is set to be expanded to cater for around 1,250 students, while Hamilton Senior High School will close, under a $30 million plan announced by the state government today.

Western Australian Country Health Service plans to build a residential development in South Hedland have cast doubt on a neighbouring private project from which the state government has recently withdrawn support.

Southern Cross Care WA has purchased the state government-owned Kaleeya Hospital in East Fremantle for $17.5 million, which is the first property sold under the state government's asset sales progr

South Metropolitan Region MLC Phil Edman has called for an overhaul of the Department of State Development over the allocation of a prime beachfront plot of industrial land to global giant Puma Energy, which is planning to build an $80 million bulk fuel storage depot.

The state government has purchased the former Esplanade Hotel site at Albany's Middleton Beach for $7 million and has awarded property developer LandCorp $1.5 million to provide early work at the site.

Liberty Resources has announced its intention to exit the mining industry by entering into an option agreement to acquire local IT firm Cirrus Networks for an undisclosed amount.

Finbar Group has completed its $100.3 million Spring View Towers project in Rivervale, with $96.6 million already secured from the sale of all but seven of the 188 apartments.

The federal government has given conditional approval to develop a single-entry marina, which will accommodate up to 500 pens and moorings at Point Peron peninsula in Rockingham.

Potential buyers are already keenly looking to snare East Fremantle's Kaleeya Health Campus, the first state government asset to hit the market from a large portfolio flagged for sale last week.

A 45-apartment complex in the south-west suburb of Coolbellup has been launched by LandCorp and Infill Property Group, the latest significant multi-dwelling proposal set to revitalise the area.

Construction, engineering and property development firm Georgiou Group has kicked off a pair of projects collectively worth $56 million, at Curtin University and for the City of Joondalup.

Developers are still rolling out significant new apartment projects across the metropolitan area, despite statistics showing multi-unit dwelling sales decreasing steadily as more supply comes to market.

Fresh land at the Rockingham Industry Zone has hit the market, with the industrial estate officially opened by Lands Minister Terry Redman today.

Fiona Barclay has been appointed chief financial officer and executive general manager of finance and strategy at LandCorp.

The sale of LandCorp's large scale residential lots in Onslow has begun, with local residents to be given pre-release preferences.

National development group Mirvac has been appointed to build the latest apartment projects at LandCorp's Claremont on the Park.

LandCorp has placed a 4.55-hectare parcel of industrial land near Geraldton on the market, in an effort to meet rising demand from businesses seeking large plots of land near the Mid West city.

Satterley Property Group has been appointed the selling agent for 29 new home sites at The Pocket, Claremont.

The state and federal budgets have created new opportunities for the private sector, as governments seek to repair their strained finances.

BGC Development has received approval to go ahead with the third stage of its $97 million Tribeca apartment project at Springs Rivervale.

Megara Developments managing director Matthew Pickford says his company was simply in the right place at the right time to take advantage of the Pilbara's building boom.

Four significant apartment projects and a $27 million shopping centre revamp are stimulating major urban renewal at Bassendean's historic Old Perth Road.

One of Perth's largest apartment projects by value is due to be launched in coming weeks in Rivervale, testing demand and pricing in what has become a development hot spot.

The state government's push for apartment and townhouse developments, as well as increased appetite among home buyers for high-density housing, is creating substantial opportunity for residential property syndicates.

Mirvac Group has cleared the way for development of its next high-rise apartment tower at Burswood after overcoming objections from local residents and the local council to its revised plans.

Chevron Australia and the state government have signed a landmark deal to boost residential development in Onslow, near Chevron's $29 billion Wheatstone liquefied natural gas project.

Lands Minister Terry Redman has announced that LandCorp chief financial officer Frank Marra has been promoted to chief executive officer.

The supply of apartments in Perth's western suburbs will increase rapidly this year, with TRG Properties, Georgiou Living and Blackburne Property Group set to launch new projects during the next three months.