New $9m residential ‘art deco’ complex to pay homage to Hobart’s heritage

A NEW $9 million, 10-storey residential complex with 34 apartments in Hobart is out for public consultation, with the developer hoping to create an art deco design the community will embrace.

Development Application for a proposed residential apartment at 125 Bathurst Street, Hobart. SUPPLIED - Atelier Cartel Architects.

A NEW $9 million, 10-storey residential complex with 34 apartments in Hobart is out for public consultation, with the developer hoping to create an art deco design the community will embrace.

The 30m-high building is proposed for 125 Bathurst St, which O’Brien Glass currently occupies.

The new residential complex will contain two retail tenants on the ground floor, a communal cinema room, two communal garden terraces, storage lockers, a potential rooftop terrace on the 10th level and 34 one or two-bedroom apartments.

Capital Investments managing director Quinten Villanueva, who is behind the development, said he wanted to put forward a design that was sympathetic to the heritage elements within the streetscape, that both the community and council would be proud to support.

Mr Villanueva was also keen to try keep overall costs down by not including residential parking to encourage inner-city living.

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“We set out to achieve an average price well below the current Hobart median house price of

$755,000 for and unit price of $600,500 and we are confident that we have achieved a product that will be much lesser than this,” he said

“To assist with the reduction of traffic on the roads, we chose not to supply parking for

the residents as our targeted occupant demographic were people who are already working with the CBD and or retirees.”.

A cafe or restaurant may occupy one of the retail tenant spots and Mr Villanueva was hopeful a bicycle shop could take up the other in homage to its past.

“The design concept includes a cycle shop, which alludes to the fact that in the early 19th century there was a bicycle shop there,” he said

“Whether its practical or not we will see but at the very least we can commission an artist for a mural to pay homage to that past.”

Since being put out for public consultation, Mr Villanueva said there had been a lot of positive interest on the project.

“I’ve already received more than a dozen contacts from people asking to be added to a pre-sale, expressions of interest list, which is amazing,” he said.

The public consultation period for the Bathurst St property ends on October 3.

Visit www.hobartcity.com.au for more information.