A 1980s carpark in a central Perth location would be the scene of a $150-million office and residential conversion under plans for the WA capital.
GDI Property Group acquired the Perth CBD block at 301-311 Wellington Street in 2021.
The proposed development would deliver a 19-storey tower with a mix of apartments, office space, retail and dining. It would include 12 storeys of offices, 51 apartments and a public plaza.
GDI Property Group’s plans for the adaptive reuse project have been supported by the City of Perth and will now go to the state for approval.
Construction costs for the project have been estimated at $150 million. Sections of the existing structure would be retained during construction.
The approval of the building was subject to conditions—the public should receive unrestricted access to public areas of the building.
The existing carpark contains 595 spots and has an office space on the ground floor.
Reportedly, the apartments would be a build-to-rent model and include a mix of one and two-bedroom apartments.
There would also be retail and restaurants included in the development for the public and residents to use.
According to the development application,“the adaptive reuse proposal aims to create a vibrant and sustainable mixed-use development”.
