Commercial Property Development News

Commercial property development news and market insights.

Canberra’s Garema Centre to make way for $100m luxury hotel
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 …
Melbourne Quarter development takes shape
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
Retail opportunities abound at new Armstrong Creek precinct
Retail and commercial operators have the opportunity to establish themselves in one of Australia’s fastest-developing urban growth corridors.
Chinese developer to build Circular Quay office tower
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
From this…to this: Holden dealership to become Parramatta skyscrapers
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.
Gold Coast nightclub districts face demolition under twin tower plan
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
12-month outlook: What’s in store for commercial property?
While the residential sector is starting to slow, commercial property is moving along its own path.
Surry Hills’ Paramount Pictures to become boutique hotel
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
Flagship BMW dealership to make way for Southbank twin towers
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 …
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