Frasers Property Gets Moving to Redevelop Sydney’s Former CUB Site

SINGAPORE-based developer Frasers Property is preparing to redevelop Foster’s former Sydney CUB Brewery into a $500 million mixed use project.

The new proposal will include two office towers, two apartment buildings and will be flanked by ground floor retail. Frasers has appointed an architect to design the proposal, and has started lodging applications with the NSW Department of Planning.

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$2 Billion Central Park Unveiled, Sydney

Sydney CUB Brewery Redevelopment, BroadwayTHE $2 billion redevelopment of Broadway’s former Carlton & United Brewery site, in Sydney, will begin “immediately”.

The NSW Planning Department approved the project, Central Park, which spreads 5.8 hectares and will include apartments, commercial and a retail precinct.

Frasers Property Australia, headed by Singapore property developer Stanley Quek, paid $208 million for the site in July 2007, spending the subsequent 18 months getting concept plans approved.

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