The Australian Development Review reports the latest news from the Urban Development landscape for Australians
Metacap Developments has announced the achievement of $20 million in sales for its remarkable $85 million Sovereign Promenade development. The success of the luxury villas and apartments project can be attributed to the heightened buyer confidence, driven by the ongoing construction progress of the first stage, which comprises eight villas nearing completion. Situated on the…
Aniko Group, the esteemed Gold Coast private developer led by George Mastrocostas, is poised to break ground on its latest venture, the $150 million Orama apartments at Chevron Island. This project marks another milestone in Aniko’s prolific portfolio, which has surpassed $2 billion in developments. Orama, upon completion, will feature 102 residences, presenting an array…
In a significant stride towards the realization of the $500 million redevelopment of the Marina Mirage, the City of Gold Coast Planning and Environment Committee has unanimously approved the development application. This momentous decision follows extensive collaborative planning with both state and local governments, aligning with the ambitious vision outlined in the Spit Master Plan….
Melbourne-based real estate developer Hirsch & Faigen is on the verge of a sellout for its inaugural $350 million Gold Coast portfolio. Two projects are nearing completion, while construction of a third is well underway. The first project, the $75 million Hemingway Palm Beach, has successfully secured buyers for all its apartments. The subsequent $75…
SKF Development, a Brisbane-based company, has successfully acquired the Sceniq Bilambil Heights site on the Tweed Coast in a substantial $16.5 million transaction. This strategic move positions the company to capitalize on the escalating demand for residential land on both sides of the Queensland border. The Tweed Shire Council recently issued a construction certificate for…
The new owner of the Arundel Hills Country Club, 3 Group, is elated to receive conditional approval from the Queensland Government for its proposed transformation of the site following the club’s closure. The government’s decision signals a significant step forward for the redevelopment project, which includes a focus on environmental conservation and koala habitat preservation….
Sentinel Real Estate Corporation’s Australian division has been granted approval to proceed with a 300-unit build-to-rent (BTR) project on the Gold Coast, marking the company’s first entry into the Queensland market. The project will be situated on a 1.4-hectare site at 5-8 Stadium Drive in Robina, consisting of twin towers. This move follows Sentinel’s recent…
Immerse Projects, led by the enterprising founder John Kearney, has secured a significant milestone as the Gold Coast City Council gives its resounding approval for the second apartment venture in the vibrant border suburb of Coolangatta. The upcoming 17-level architectural marvel, poised to grace 39 McLean Street, is set to break ground next year, marking…
Gold Coast developers, Soheil and Sahba Abedian of Arium Group, have submitted a revised development application for the Greenmount Beach House Resort in Coolangatta. The father-and-son team, who are the chairman and managing director of Sunland Group respectively, are spearheading the project through their private company, Arium Group. Arium acquired the 8,260sqm Greenmount site from…
Sovereign Islands developer Lewis Land Group has stepped up the pace on a new flagship Gold Coast development, the $1.5 billion Harbour Shores master-planned community adjacent to its Harbour Town precinct, amid an ongoing housing shortage in the city. The Sydney-based developer has lodged a development application for the second stage of the Biggera Waters…