Sirona Urban is one step closer to bringing hundreds of student beds to Fremantle after a development panel approved its $70 million accommodation project.
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.
