New Apartment Building Opposite Albert Park Lake Approved by VCAT

THE VICTORIAN Civil and Administrative Tribunal has given developers the green light to build a 12-level apartment building in Queens Road, opposite Albert Park Lake and Melbourne’s Formula 1 race track. A development consortium backed by Macquarie Bank, and the Peloton Group, says it is now reviewing whether to sell the site, or start marketing the

Read more

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.

Read more