Commercial Property Development News

Commercial property development news and market insights.

News
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 …
News
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 theaustralian.com.au/property.
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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.
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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 theaustralian.com.au/property.
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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.
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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 theaustralian.com.au/property.
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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.
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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 theaustralian.com.au/property.
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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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