Find it Now!
Simple and straightfoward directions to businesses and locations in the Canberra CBD. READ MORE...
Property Developments
NewActon
Canberra property developer Molonglo Group will build two more towers next to its rapidly rising NewActon development in City West, taking the overall project’s value to more than $500 million.
The second stage of the project is now under construction, Molonglo Group is building the 18- storey ApARTments project near Parkes Way in a joint venture with Macquarie Bank. The final stage in the project will be solely undertaken by the Molonglo Group, which says it has strong pre-sales interest for its Japanese inspired residential project, targeted at one and two person households.
The Newacton aims to be a model for sustainability exceeding energy rating standards and relying on passive solutions rather technology to use 15 percent less energy that a 5-star National Australian Built Enviroment ratings system.
Section 63
This Section is currently a car park situated in the City West area of Canberra, was purchased by Leighton Properties and Mirvac in December 2007 for $92 million.
This whole city block is at the very heart of Canberra in the City Hill Precinct. The new development is bounded by London Circuit and Vernon Circle on the western side of City Hill. It is a defining and high profile location complementing the prominent adjacent sites already built and occupied.
It is also opposite 7 London Circuit and 18 Marcus Clarke Street, both landmark developments initiated and managed by Leighton Properties. With an area of 26,844m2 (approx 2.6ha), the site is a “curved square” and is zoned for a broad range of uses, notably commercial office, residential, hotel, car parks, retail, restaurants and bars. The site can accommodate in excess of 100,000m2 of lettable space.
Re- vitalisation of the Sydney and Melbourne Buildings
A major study on the Sydney and Melbourne buildings is currently underway.
The outcome of the study will be a short, a medium and a long term strategy for these two iconic Canberra buildings. The job, jointly funded by the ACT Government and Canberra CBD Limited, is being undertaken by the architectural practice Tonkin Zulaikha Greer.
The company has an Australia-wide reputation for design excellence and a track record of major community consultation projects. It has a special interest in public spaces or public use and the relationship of buildings to the public domain of a city.
Peter Tonkin said in their submission
‘The proposed study will provide the framework to guide the ongoing life of these twin Canberra icons into the future. To succeed it must not only faithfully examine the constraints of the buildings – physical, legislative and cultural, but propose viable visions for their future, with imagination, innovation and pragmatism. These well-loved pioneers deserve a genuinely productive future, not as museums, but as key players in the commercial heart of the Capital.’
The study is due for completion before Christmas.
Download
