Listed developer Mirvac has taken over a prominent site overlooking Princes Park in Melbourne’s inner north, where it is working up plans for an upmarket apartment building.
Mirvac has had its eyes for some time on the site, on the corner of Park Street and Sydney Road – now home to a 73-room hotel – after efforts by the previous owner, developer JWLand, to win planning approval for a high-rise tower failed.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
