The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
2 WEEKS UNTIL OUR UNMISSABLE FLAGSHIP CONFERENCE MORE THAN 550 ALREADY ATTENDING
2 WEEKS UNTIL OUR FLAGSHIP CONFERENCE 550+ ALREADY ATTENDING
REGISTER NOWDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
RetailStaff WriterTue 13 Sep 16

West End Project Halves Unit Numbers Due To "Market Conditions"

Screen-Shot-2016-09-14-at-2

MGGMS Group Pty Ltd and FMF Properties has lodged an application to make significant changes to its development at 12 Bailey Street West End due to "existing market conditions."

The proposals include reducing the number of units from 46 to 27, and converting the stock to consist of zero one and two-bedroom apartments, while allowing for more parking with a proposed two parking spaces for each unit in a bid to appeal to its "target market". 

The reworked impression for 12 Bailey Street submitted to Brisbane City Council

The principal change being sought from this request is a ‘permissible change’ to the approved plans and drawings. Due to existing market conditions, it is proposed to reduce the total number of units within the approved development from 46 (as approved) to 27 with a variation in unit composition. This involves converting the approved one and two bedroom units to 3 bedroom and 4 bedroom units.

"The proposed development is therefore of the same nature, building bulk and scale as the approved development however given the reduced density it is anticipated that there will be with fewer potential impacts," read the application.

The proposal seeks to increase the size of units and convert all approved 1 and 2 bedroom units to 3 bedroom units. Given the internal changes, it is proposed to modify window placement and balconies on the exterior of the building. In addition, the external façade incorporates more lightweight framing materials and finishes in response to Brisbane’s subtropical climate.

It is proposed to generally maintain the total number of car park spaces as approved by Council (i.e. 58 spaces are proposed in total). In order to "attract the target market", it is proposed to allocate 2 car parking spaces per unit (a total of 54 secure resident parking spaces).

It is noted that the amended development does result in slight reduction in the retail tenancy (from 101m2 GFA to 98m2 GFA). However, given the reduction in unit numbers within the complex, it is deemed that the resulting retail tenancy will be sufficient to cater for the intended catchment of the internal residents.

ResidentialAustraliaConstructionConstructionSector
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
The Port of Brisbane has released its Vision 2060 which details the need for inland rail connectivity
Infrastructure

Brisbane Port’s $15bn Future Faces One Big Obstacle

Renee McKeown
5 Min
Freecity Rouse Hill triple towers 2 Tempus Street
Exclusive

Freecity Takes Covers Off $330m Triple Towers in Sydney’s North-West

Leon Della Bosca
5 Min
Parallel Workshops Stockdale Housing PBSA project
Exclusive

Suburban Success Story Turns PBSA Thinking on its Head

Leon Della Bosca
7 Min
Exclusive

Interstate Developers Find Lots to Love in ‘Progressive, Affordable’ SA

Taryn Paris
5 Min
Bates Smart Richmond Sportslink HERO
Exclusive

BtR Focus Drives Bates Smart’s Richmond Sportslink Concept

Leon Della Bosca
6 Min
View All >
Logan Wastewater Funding hero
Infrastructure

Flush of Funding to Deliver 20,000 New SEQ Homes

Phil Bartsch
The Port of Brisbane has released its Vision 2060 which details the need for inland rail connectivity
Infrastructure

Brisbane Port’s $15bn Future Faces One Big Obstacle

Renee McKeown
Residential

Home Affordability Gap Widens Across Asia-Pacific

Lindsay Saunders
Income growth and price dips have done little to improve the situation, according to fresh data from the Urban Land Inst…
LATEST
Logan Wastewater Funding hero
Infrastructure

Flush of Funding to Deliver 20,000 New SEQ Homes

Phil Bartsch
3 Min
The Port of Brisbane has released its Vision 2060 which details the need for inland rail connectivity
Infrastructure

Brisbane Port’s $15bn Future Faces One Big Obstacle

Renee McKeown
5 Min
Residential

Home Affordability Gap Widens Across Asia-Pacific

Lindsay Saunders
3 Min
Stockland's Triniti HERO
Build-to-Rent

Stockland $400m North Ryde BtR Approved on Appeal

Leon Della Bosca
3 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/west-end-project-rework-sees-units-almost-halved