Plans for a 17,000-seat entertainment arena to be built above the new Roma Street underground station has received a boost from the Queensland government.
Developers are moving away from high density sites in favour of lower density projects as sales of high-rise, investor-driven development makes way for the owner-occupiers and downsizer demographic.
Trenerry Property Group has unveiled the latest addition to their $300 million, four-building, “West End” development, with plans to start construction on the West Melbourne site in July.
Australia’s property sector has undergone significant changes over the past 12 months as macroprudential reform moderates demand in the nation’s housing market.
