Anthony John Group lodges next development application for $600m East Village precinct at Cannon Hill
A high street shopping village is a step closer to reality as developer Anthony John Group prepares the next stage of its $600 million East Village project.
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A HIGH street shopping village at Cannon Hill is a step closer to reality as developer Anthony John Group prepares the next stage of its $600 million East Village project.
A development application has now been lodged for a new $75 million retail and residential precinct consisting of three, six-storey buildings.
Set for release mid-2016, the stage will include the first 1000sq m of retail space, along with 140 one, two and three-bedroom apartments.
The latest residential stock will include two and three-bedroom ground-floor terrace apartments, secure underground parking and 1200sq m of landscaped parkland.
Designed in conjunction with Cox Rayner Architects, the buildings have been deliberately separated to allow light and breezes to flow freely between the spaces with access for pedestrians linking the park and High Street.
Anthony John Group CEO Shane Bulloch said buyer interest in the project had remained strong.
The current $42m residential release, The Quarters, is sold out and due for completion mid-May.
“The first two releases sold out well in advance of completion and we are encouraged by the continuing strength of public interest,” Mr Bulloch said.
“It demonstrates to us that East Village is meeting the demand for excellent quality lifestyle amenity and new apartment offerings in the area.
“We are also pleased by what we can see happening within the development.
“Renters are becoming buyers, buyers are referring friends and family, so there is a real community forming of people who have become passionate advocates for East Village.”
On completion East Village will include shops, cafes, a cinema, up to 1,000 apartments and a hotel, transforming Cannon Hill into a destination hub.
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