Commercial Property Development News

Builder Geocon will develop a $100 million deluxe hotel in the heart of Canberra city after snapping up the Garema Centre in Bunda Street. Geocon managing director Nick Georgalis says tourists and business travellers to …

Lendlease has completed the first stage of its $2 billion mixed-use Melbourne Quarter project that is set to link the western edge of the CBD with the Docklands. This article originally appeared on theaustralian.com.au/property.

Retail and commercial operators have the opportunity to establish themselves in one of Australia’s fastest-developing urban growth corridors.

Chinese-owned developer Poly Australia, the local arm of Chinese developer Poly Real Estate, is set to put its stamp on a key block near Circular Quay in the Sydney CBD, with architecture firm Grimshaw winning a design competition for a major office tower. This article originally appeared on theaustralian.com.au/property.

Parramatta’s skyline is set to get even more skyscrapers when a former car yard is transformed into an $876 million residential and commercial precinct.

EG Funds says it will deliver twin-tower high-rises and an entertainment district in the heart of the Gold Coast in an attraction uniquely suited to Surfers Paradise. This article originally appeared on theaustralian.com.au/property.

While the residential sector is starting to slow, commercial property is moving along its own path.

Sydney’s inner city Surry Hills is about to also sport a trendy new hotel, with a troika of entrepreneurial property developers, investors and coffee gurus transforming the former Paramount Pictures building into a 29-room boutique hotel and restaurant. This article originally appeared on theaustralian.com.au/property.

Melbourne’s flagship BMW dealership at Southbank will be sold to developers, paving the way for a colossal development that includes 800 apartments and 600 hotel rooms. BMW has offered the coveted corner site at 58 …