Perth developer Barry Baltinas has submitted plans for a $27 million apartment building alongside the site of Gary Dempsey’s derailed proposal to the state’s expedited planning pathway.
Mr Baltinas bought the 549 square metre site at 122 Marine Parade in October and earlier this year bought the neighbouring 561 square metre site where Mr Dempsey had a seven-storey apartment project approved.
The site is currently occupied by units and Mr Baltinas has been negotiating with the residents for the past 18 months to purchase the building.
His proposal includes eight luxury apartments with ocean views and four full-floor residences and space for retail or dining outlets on the ground floor.
Mr Baltinas submitted plans for a seven-storey project at 122 Marine Parade to the State Development Assessment Unit, which will assess the development on behalf of the WA Planning Commission.
He described the development as a rare opportunity.
“It’s rare to be given a blank canvas to create a visionary, sustainable piece of architecture in such a prestigious location; we’re honoured to have been given this once-in-a-lifetime opportunity,” he said.
When 120 Marine Parade was sold, Mr Dempsey said he was surprised and disappointed, given the amount of hard work that had gone into securing development approval for the proposal.
Mr Baltinas said his team was looking forward to bringing project to fruition.
“We are very pleased to be able to bring this development to life alongside our other Cottesloe project and it provides an opportunity to resolve some of the outstanding local authority imposed approval conditions of the 120 Marine Parade development approval, which will provide for a significant benefit to Cottesloe,” he said.
“These planning approval conditions are well in the process of being resolved and we look forward to sharing these detailed solutions as soon as possible.”
Some of the conditions Mr Baltinas wants revised are around vehicle access from Marine Parade and allowing a wider ground floor hospitality frontage.
“In achieving this, we will also be able to maintain a permanent deep soil planting zone to the rear of the property, which would have been lost with the current approval conditions,” he said.
Mr Baltinas’ is also behind the Miami Apartments in Kings Park, Halo on Mount and Camilla Residences developments in West Perth’s Mount Street enclave.
The SDAU was established during COVID-19 as a temporary planning pathway for projects considered to have a significant economic impact, and is due to expire in January.