Cedar Woods Properties' $32.5 million proposed apartment complex in Subiaco is a step closer to getting the green light.
Cedar Woods Properties' $32.5 million proposed apartment complex in Subiaco, which it plans to build alongside its $13 million townhouse development, is a step closer to getting the green light.
The City of Subiaco has recommended the Joint Development Assessment Panel approve the seven-story, 110-dwelling apartment complex at 133 Salvado Road.
Cedar Woods plans to develop the 1.5ha site, which formerly housed Wembley TAFE, alongside its 41-townhouse development currently under construction.
Cedar Woods state manager Ben Rosser told Business News the developer would likely look to build on other sites in the area, in addition to its Incontro apartment and townhouse complex.
“The City of Subiaco is a strong focus for us in medium density development, so I wouldn’t be saying this will be the only presence the community is going to see (from us),” he said.
The townhouse are all pre-sold and comprise about two thirds of the site, with the proposed apartments facing Bishop Street.
Mr Rosser said Cedar Woods was drawn to the site for its potential to house a mix of medium density developments.
“We chose this site because it allowed us the opportunity for both townhouses and apartments, and allowed us to differentiate (ourselves) in the market,” he said.
DevelopmentWA approved the townhouse development in September 2020, before the parcel of land was handed back to the City of Subiaco in December.
The TAFE building closed in 2014 and was demolished in early 2021.
Cedar Woods was asked by the council to make some adjustments to its planning application, including the landscape designs and building facade, before recommending the apartments for approval.
The Metro Inner-North JDAP is expected to decide on the development on October 4.
Cedar Woods' Salvado Road townhouse project is expected to be built by late 2022 to early 2023.