With in excess of $1 billion in acquisitions since 2009. Urban has provided strategic advice in the acquisition, asset repositioning and redevelopment of key assets across Australia for over 20 years. Urban stable of completed projects includes some of Australia’s most iconic sites.
71 MacQuarie Street_Sydney
Opera Residences
Value: $440M
On the only remaining development site in the Harbour Circle, Opera Residences transformed the former site of the CC Amatil building into a 19 Storey mixed-use development consisting of 109 luxury residential/serviced apartments with public domain improvements to the harbour foreshore and pedestrian connection between Circular Quay and Macquarie Street. As part of the Development Application, a design excellence competition was held with the scheme designed by Tzannes Architects being the selected design.
Urban negotiated the acquisition of the site in 2015 on behalf of the development consortium and continued to act in a Project Development Capacity throughout the delivery of the project. In doing so, Urbans were able to overcome the development of unique site conditions to establish what is arguably Australia’s most prestigious address. Located in the centre of Sydney Harbour’s Circular Quay, the site is bound by the Cahill Expressway to the South, the mixed-used building known as Quay Grand to the North, Circular Quay promenade to the West and Macquarie Street to the East.
Opera Residences Apartment sales broke multiple national records due to its enviable location and masterfully curated design and project leadership.
1 Spring Street_Melbourne
Value: $400M
1 Spring St is an office tower and northern podium, main foyer with Arthur Boyd mural ‘Bathers and Pulpit Rock’ and external plazas including a large external plaza at the Spring Street corner containing the Charles O Perry sculpture ‘Shell Mace’.
1 Spring St is architecturally significant as an outstanding example of a late modernist office building in Victoria, designed by one of the style’s most accomplished proponents, the renowned Australian architect Harry Seidler.
In 2018, Urban began work on behalf of Besen to oversee the modernisation, re-leasing and upgrade of the existing building at 1 Spring Street and oversee the building’s Property and Asset Management.
In unison, Urban led and directed the assets evolution towards a precinct wide Architectural Icon in the Northeastern Corner of the CBD Grid. Engaging via competition the Services of Ingenhoven Architects and pursuing a second tower on Heritage listed site through a complex planning process and engagement with tenants and key stakeholders.
42 Oxford Street_Collingwood
LYF Collingwood
Value: $94M
Part of a mixed-use development in the heart of Collingwood, Lyf on Oxford marks the entry of a new hotel brand from the Ascott Group into the Australian market. Lyf on Oxford consists of 105 hotel rooms with expansive amenities for guests. Urban collaborated with local street artist Mysterious Al, who created 1.4 kilometres of bespoke artwork that runs throughout the hotel’s public areas, guest rooms and façade.
The development also contains 811 square meters of ground floor restaurants and office space, accommodating a selection of Melbourne’s leading restaurateurs. Lyf on Oxford and the associated F&B spaces continue as the foundation asset ownership of the Urban property Stable.