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Development

March

Macquarie-backed build-to-rent player Goodstone Living has signed a GBP 116m deal to develop and manage a parcel of 360 homes at Dagenham Green, on the site of the former Ford stamping factory.

Inside Macquarie’s $237m punt on the east London riverside

It has taken four years, but the wealth giant’s British build-to-rent vehicle Goodstone Living seems to be finding its feet – on the site of a famous former Ford factory.

February

QIC Real Estate managing director Deborah Coakley wants the sovereign wealth fund to go beyond being known as a shopping centre owner.

QIC’s big plan to fix the nation’s housing and healthcare shortages

Newly appointed real estate managing director Deborah Coakley says the sovereign wealth fund wants to be known for more than owning shopping centres.

January

Andrew Charlton and Anthony Albanese were keen to spruik Labor’s plans to improve housing in Parramatta last week.

NIMBY or YIMBY? Andrew Charlton’s identity crisis

The federal MP, who owns several properties, is petitioning to stop development of 2500 new homes.

Nigel Bennett at the Barbican, London.

This star British gardener has big plans for Melbourne

Horticulturalist Nigel Dunnett is about to embark on his first project outside Britain – the Laak Boorndap garden in the new Melbourne Arts Precinct.

The 20,000-square-metre precinct will feature six buildings (four of them residential) set around a central green square.

Canberra’s London Circuit to get $650m mixed-use precinct

Capital Property, the development company of late Rich Lister Terry Snow, is about to shape the largest CBD site ever sold by the ACT government.

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November 2024

Stockland’s joint venture partner, Bangkok-based Supalai, waited since last December for the green light from federal regulators to control 12 Lendlease estates.

How a year-long wait worsens the housing crisis

A near 12-month wait for a Thai property developer for approvals to buy housing estates could deter other foreign developers, warns adviser Joseph Gersh.

Business Council round table discussion members, left to right. Lendlease chief executive Tony Lombardo, Stockland chief executive Tarun Gupta, BCA chief executive Bran Black and CBA Matt Comyn.

Construction workers should be 10pc of migration, big developers urge

That was one of the key messages from a housing roundtable that focused on how to remove roadblocks to increasing the supply of affordable houses

October 2024

Pedestrians walk along the Hudson Square neighborhood of Manhattan

Welcome to New York’s next hot neighbourhood

Google and Disney have moved in to Hudson Square. Now developers luring residents with green spaces and a pedestrian-friendly plan for the once gritty industrial area.

King Charles and Queen Camilla meet with locals at the Sydney Opera House.

King and Queen greet royal fans at Sydney Opera House

King Charles and Queen Camilla enjoyed a barbeque in Parramatta before heading towards the CBD; Hero Bondi stabbing police officer to meet visiting royals. How the day unfolded.

AFR Building designer Ben Wardle  says Merribek council’s guaranteed 6-week approval process for qualifying developments will speed up housing delivery. He got his first permit in just 3 1/2 weeks
Type of photo:    Ben outside the under-construction project of two townhouses in Melbourne’s Coburg. WEdnesday 16th October 2024 Melbourne Photo Eamon Gallagher

Six weeks for a housing approval? This council guarantees it

There are many reasons housing projects can be delayed, but one Melbourne municipality is doing what it can to prevent them.

A fine line: builders need to be able to propose rezoning to state governments to overcome local council objections, the BCA says.

Put rezoning in hands of home builders, BCA says

Unlocking more land for development is one way to lower hurdles to new housing at a time when high costs render many new projects unviable.

John Gillam, the new chairman of Lendlease.

Lendlease investors backed Vik Bansal for chairman’s role

The property giant’s share registry remains polarised, and the appointment of chairman John Gillam has become a new flashpoint.

The 62-hectare farming property rezoned for residential development at 147 McAllister Road, Bilambil Heights in northern NSW is being offered for sale with a price guide of $182 million. 

A 62ha development site in Tweed Shire hits market with $182m hopes

The family-owned former fruit farm in part of northern NSW that has been rezoned for development is just a 13-minute drive from the Gold Coast.

September 2024

The median strip in the middle of Park Avenue in Midtown Manhattan.

Does anyone want a park in the middle of Park Avenue?

More green space is generally welcomed in New York – but not everyone is convinced a park in the middle of a busy street is a good idea.

August 2024

Strata title reform is on the agenda for WA.

Build-to-rent plan risks ‘repelling investors’

Labor has been warned to redesign key elements of its plan to boost affordable rental stock around Australia.

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July 2024

The proposed redevelopment of 8 Canada Square in London’s canary Wharf

Tourism gimmicks won’t save the office wastelands of Canary Wharf

The landlords who own the old business districts need to be far bolder, and come up with some genuinely radical solutions as major firms head for the exits.

June 2024

Sarah Kay takes over as Woods Bagot CEO from 1 July 2024.

‘Huge demand’: Australia’s largest design firm expands worldwide

Architecture practice Woods Bagot is focusing on growing demands for luxury and non-traditional consultancy services for design firms.

Developers have snapped up a new fund to increase density in Queensland.

Developers rush to snap up $350m Qld fund to boost housing density

The industry has called for new tax incentives to increase housing supply following the mad rush to snap-up a development fund.

New York-style High Line is coming to Tokyo

The planned Tokyo walkway is also part of a global trend of major cities taking a leaf out of the High Line’s playbook to build similar structures of their own.

Mick Owens, the general manager of Greenfields Developments, estimates construction of about 1600 homes has been delayed due to industrial action by Endeavour Energy workers.

Pay dispute delays construction of 1600 homes

Industrial action by workers at poles and wires company Endeavour Energy is stalling the delivery of 1600 homes and $1.2 billion worth of warehouses in Sydney.

Original URL: https://www.afr.com/topic/urban-development-63l