It has been quite the start to the new year for Fortis with the developer racking up three approvals across two capital cities to the tune of $570 million.
In Sydney, the Woollahra Planning Panel has approved Fortis’s purpose-built design gallery in partnership with RH that is due to open at 19-27 Bay Street, Double Bay, in late 2025.
Called The Gallery, the developer said it would “integrate artistic installations of luxury home furnishings, an interior design studio with professional design services; and a rooftop restaurant, offering a fine dining experience”.
Fortis acquired the 1027sq m RH Gallery site for $49 million in 2021 and has worked with RH, MHN Design Union and Dangar Barin Smith to create the the $170-million commercial project.
Fortis has also secured development approval for 34-35 South Steyne at Manly from the Northern Beaches Council.
Dubbed White Water, construction on the 690sq m site is due to begin in the third quarter of this year to create a commercial and retail development.
“Located in Manly’s retail and dining precinct, the refurbished project will feature three levels of commercial office space with extensive floor plates, superior end-of-trip amenities including a sauna and ice bath, a private rooftop terrace, and ample bicycle, motorcycle and carparking across two basement levels,” the developer said.
Meanwhile in Melbourne, Fortis’s Wiltshire House, the second tower of its 22,000sq m, two-tower project at Richmond, worth an estimated $320 million, has been greenlit.
The developer has appointed multi-disciplinary design practice SJB as lead architect, having reimagined previously approved plans for the project’s second tower from commercial to residential “in response to the pent-up demand for high-quality residential stock in Melbourne’s inner suburbs”.
Fortis is the property development arm of Pallas Group and has about $5 billion in projects in construction or being assessed across Australia.
