Commercial Property Development News

David Jones chief executive David Thomas admits retail can be a brutal game but he is banking on cashed-up locals backing his grand plans for the chain’s $200 million redevelopment of its flagship Elizabeth St …

The Mirvac Group has entered the race to build a $1 billion-plus office tower on the best block at Sydney’s Circular Quay, with the move pitting it against rival Lendlease, which is planning a $1.5 billion skyscraper on the block.

Marriott International will open a luxury W Hotel in Sydney within two years as the jewel in Grocon’s $700 million The Ribbon development at Darling Harbour, ­pitting it against competitors such as the newly opened Sofitel near the International Convention Centre. 

Submissions relating to a controversial $100 million development on the East Coast of Tasmania close in two days amid growing concerns about the fast-tracked nature of the proposal.

The “scummy” St Kilda hostel revealed as The Block’s newest project has the potential to be the reno show’s biggest ever seller when it’s recreated as five mansions.

A Richmond development is set to add more than 400 apartments next door to Victoria Gardens, but none of them are for sale.

The face of Melbourne’s arts precinct at Southbank will be changed forever under an ambitious $200 million plan to revamp the city’s cultural heartland. As part of the project, a new gallery named NGV Contemporary …

The Glen shopping centre’s roof will be turned into a 4000sq m garden as part of a $450 million apartment development.

A new residential development has launched in Mascot and is set to be a breath of fresh air for the suburb’s dated shopping strip.