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Brady 380 Lonsdale Street Mixed-Use Development Victoria - Project Profile

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Synopsis


"Brady 380 Lonsdale Street Mixed-Use Development Victoria - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "Brady 380 Lonsdale Street Mixed-Use Development Victoria - Project Profile" is part of Timetrics database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary


Brady Property (Brady) is planning to undertake the construction of a mixed-use facility in Victoria, Australia.

The project involves the construction of two towers of 51 and 67-story on top of a five-story podium on a 3,165m2 area.

The project includes the construction of 440 two-bedroom apartments, 288 one-bedroom apartments, a 312-room hotel, parking facilities, retail, a gym room and yoga facilities for hotel guests, a large pool, communal dining areas, and outdoor barbecue area for residents.

Ark resources has been appointed as a Planner.

Brady has entered into a Letter of Intent with Starwood Asia Pacific Hotels & Resorts Pte. Ltd to supervise, direct and control the operations of the proposed hotel tower under the Aloft brand.

In September 2013, Hiap Hoe acquired 380 Lonsdale Street to construct a mixed-use facility.

In October 2013, Elenberg Fraser was appointed as architect and interior designer for the project. Hiap Hoe signed a memorandum of understanding (MoU) with Probuild Construction to pursue joint-venture opportunities for groups recently acquired sites.

The project secured planning approval in March 2015.

In December 2015, Hiap Hoe entered into an agreement with Brady to take around 51% stake in the project development.

In March 2016, Hiap Hoe sold its stake in the project to Brady for US$46 million.

Scope


The project involves the construction of two buildings of 51 and 67-story on top of a five-story podium on a 3,165m2 area in Melbourne, Victoria, Australia.

The US$360 million project includes the following:

1. Construction of 288 one-bedroom apartments

2. Construction of 440 two-bedroom apartments

3. Construction of a 312-room hotel

4. Construction of parking facilities

5. Construction of retail facility

6. Construction of a gym room and yoga facilities

7. Construction of a large pool

8. Construction of communal dining areas

9. Construction of outdoor barbeque area

10. Construction of other infrastructure related

Reasons To Buy


Gain insight into the project.

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Table of Contents


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix


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Reports Details

Published Date : Dec 2017
No. of Pages :8
Country :Australia
Category :Construction
Publisher :Timetric
Report Delivery By :Email
Report Delivery Time :12 to 24 hours after placing the order.

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