The Perth-based developer is set to add another 1,200 student beds to WA, following its purchase of a CBD site and a revision of its Fremantle project.
The prominent apartment developer says the government is squeezing out the private sector by investing in construction projects during a period of high economic activity.
The project was approved today, but H-U says it could be difficult to develop given conditions imposed about the skateboarding ledge at the former Elders Wool Stores building.
Property developer Sirona Urban is seeking to bring back its plan to build an apartment tower in South Perth after previously shelving the project due to soaring construction costs.
Mark Beyer and Mark Pownall discuss Alcoa's refinery closure; Panoramic's shuttered mine; Stockland's retirement living vision; another Creasy deal; a new Yallingup resort, and preview the upcoming magazine.
A 30-storey student accommodation project for the site on the corner of Pier and Wellington streets has been revived, to be delivered by Sirona Urban by 2026.
Sirona Urban is proposing to expand its Fremantle footprint with a $100 million development plan on the site previously earmarked for a DoubleTree by Hilton hotel.
The Fremantle land initially marked for a four-star hotel is now under new ownership after construction of a proposed DoubleTree by Hilton failed to start.
The new leaseholders of Rottnest Lodge have detailed their final redevelopment plan, with an increase in the number of rooms but construction costs held to around $40 million.
For jurisdictions that rely on their entertainment precincts, retailers, and tourist attractions, representing the brand is part of engaging with investors and the business community.
Recent planning decisions have been positive for developers in South Perth, but several major players have cautioned that significant challenges remain in the near-city suburb.
Local developer Sirona Capital will soon launch a marketing campaign for its $100 million Lyall Street Residences in South Perth, after winning approval to build on a site it has been seeking to develop for the last five years.
Two previously-rejected South Perth apartment proposals will be reassessed by planning authorities next week, with local developer Sirona Capital and a private Singaporean group scaling back their towers in efforts to win approval.