A $400 million plan to develop an apartment complex at the former Perth Girls School site has been approved by the state government.
A $400 million plan to develop an apartment complex at the former Perth Girls School site has been approved by the state government.
ADC_ and Tim Roberts’ Warburton Group will develop the 1.8-hectare precinct in East Perth.
The proposal includes 742 apartments across four towers, including two 25-storey build-to-sell apartment towers and two build-to-rent towers of up to 36 storeys.
There will be 500 build-to-rent apartments and 100 for social community housing.
It includes the refurbishment of the heritage listed Girls School building, with a microbrewery, offices, art gallery and performance spaces.
Business News revealed the plans for the proposal as they were released in February.
ADC_ and Warburton are the owners of the precinct, it is understood Assemble is looking to provide the BTR component.
The approved application. Image: ADC_
ADC_ director Rod Hamersley welcomed DevelopmentWA’s approval of the project, describing it as a milestone for Perth.
“We look forward to working through the detailed design phase with our commercial product partners to get this significant project construction-ready, which is estimated for late 2023,” he said.
"The approved concept delivers on a vision that we set out back in 2018 with the minister and the state government to bring together a diverse mix of uses and a necessary scale to create a successful inner-city neighbourhood.
"The initial uses in the building can be delivered in an 18-month process but we’re saying completion by the end of 2025 or start of 2026."
It estimated the development will cost $400 million to construct.
L-R: Rod Hamersley, John Carey and Frank Marra at Perth Girls School this morning. Photo: David Henry
Mr Hamersley said ADC_ has a range of commercial partners for the development, with retail and commercial spaces to be on the northern side of the site and a mix of entertainment, food and beverage on the heritage side of the building.
He said there was still "a body of work" to be done to get the detailed design completed.
"It’s a challenging time in the current construction environment, there’s no doubt about that," Mr Hamersley said.
"We’re taking the view that in the next six to 12 months that things would steady and this project won’t be ready for construction until the end of next year."
Lands minister John Carey said this development was a major boost for the eastern side of the city.
"What we know is this, our city needs more people living there. We need a residential base to drive activity, vibrancy and life. It is critical that we boost a city’s population," he said.
"This answers the key problem that we face for our city, we desperately need more people living in and this is a part of that answer by approving a major development today."