30/07/2009 - 00:00

Cinema, artists’ space for Subi Centro

30/07/2009 - 00:00

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THE redevelopment of Subi Centro is entering a new phase, with three mixed-use projects in the northern part of the suburb moving closer to construction.

Subi Centro projects

THE redevelopment of Subi Centro is entering a new phase, with three mixed-use projects in the northern part of the suburb moving closer to construction.

Two of the new buildings are located in Roydhouse Street, while the third is located nearby on Station Street.

Earlier this month, Australasian Property Investments announced it had received planning approval to develop the Arcus Refrigeration site on Roydhouse Street, while inner-city property developer IDG and KKV Investments commenced a mixed-use development named Latitude 31.

API plans to incorporate arts and culture in the $200 million Arcus Quarter redevelopment, which will be comprised of office spaces, housing, a rooftop cinema, a boutique supermarket and a unique artist in residence program.

The artist program, which has gained in-principle support from the University of Western Australia, would allow post-graduate students and academics to live and work in customised studios while publicly displaying their work.

Latitude 31 is set to provide a prelude to the Arcus Quarter.

Designed by architects Bollig Design Group, construction is expected to start within the next two months.

Latitude 31 will be a combination of 12 apartments and 23 executive strata offices.

Nearby on Station Street, the Centro North development's forward works program was finalised last month.

Centro North will be a high-density development with three apartment buildings, offices, a cafe and possibly medical suites.

The state government has invested $14 million in Centro North and private sector investment is expected to top $100 million.

The new projects take the Subi Centro redevelopment towards its final stages - it is 86 per cent complete.

The state government has invested $135 million transforming light industrial land into mixed-use developments, which has led to a private sector investment of more than $500 million.

One of the main areas left for development is the China Green site.

More will be known on this development after the Planning Minister John Day meets with Subiaco Town Council this week.

The China Green proposal has drawn opposition because elements of its design proposal do not adhere to height limits set in the Subiaco Redevelopment Authority's guidelines for Subi Centro.

Meanwhile, internet service and telephone provider iiNet has become the area's newest tenant after its staff commenced their move to a new head office at Saracen Property's 502 Hay Street development.

Other firms to have made the move to Subiaco are global planning and infrastructure experts Parsons Brinckerhoff, technology solutions provider CSC and the WA branch of Kidney Health Australia.

Also, in 2007 FM radio stations 92.9 and Mix 94.5 moved into a purpose built broadcast centre in Roberts Road.

Managing director of Subiaco-based public relations agency Clarity Communications, Anthony Hasluck, said the suburb represented a good mix of commercial activity, which offered an interesting alternative to West Perth.

"As a result of the many new buildings in Subiaco, there are now more strata opportunities for small business," Mr Hasluck said.

"This may well be launching Subiaco forward as a leader in commercial real-estate."

 

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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