Landmark leads Sydney housing crisis response with major developments
Demonstrating its long-term commitment to affordable housing initiatives, the developer is making the most of forward-thinking government policies that expedite building quality homes for essential workers. These buyers, who include teachers, police officers and nurses, are sometimes priced out of the market in suburbs close to where they work.
To help support these important community members to own their own homes, Landmark has secured approvals for two major projects under the NSW government's State Significant Development (SDD) scheme, which was introduced at the end of 2023. Landmark's projects are some of the first to be greenlighted under the SDD.
This program allows developers to streamline regulatory approvals to meet the urgent demand for housing. So far, the NSW government has declared 64 proposals for around 27,800 homes as state significant.
Thanks to the SDD, two Landmark developments, Casa Delmar in Dee Why and Live Caringbah, will incorporate 15 per cent affordable housing options, supporting key workers to live and work in the communities they serve. The combined value of these projects is estimated to be $600 million, contributing nearly 500 apartments to Sydney's housing supply.
Its proactive approach to construction is one of the attributes that sets Landmark apart. Work is already underway to bring these projects to life as quickly as possible. The basement work for Casa Delmar is already complete and construction has recently broken ground at Live Caringbah. While many building companies talk about the need for change, Landmark is actively making it happen.
The urgency of the housing crisis in Sydney cannot be overstated. According to research by Sydney University, without measures to enhance housing affordability, it is unlikely there will be any parts of Sydney where a median part-time or full-time income can solely cover the cost of purchasing a home until at least 2031.
Landmark Group is stepping up to meet this challenge, with plans to deliver a total of 1,450 apartments across Sydney by 2026. This ambitious goal is backed by a robust pipeline of more than $5 billion in residential developments.
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Sydney Morning Herald
3 days ago
- Sydney Morning Herald
Landmark leads Sydney housing crisis response with major developments
As Sydney grapples with a persistent housing crisis, Landmark Group is pioneering innovative residential living options that make new homes in great suburbs more than a dream for some of society's most vital workers. Demonstrating its long-term commitment to affordable housing initiatives, the developer is making the most of forward-thinking government policies that expedite building quality homes for essential workers. These buyers, who include teachers, police officers and nurses, are sometimes priced out of the market in suburbs close to where they work. To help support these important community members to own their own homes, Landmark has secured approvals for two major projects under the NSW government's State Significant Development (SDD) scheme, which was introduced at the end of 2023. Landmark's projects are some of the first to be greenlighted under the SDD. This program allows developers to streamline regulatory approvals to meet the urgent demand for housing. So far, the NSW government has declared 64 proposals for around 27,800 homes as state significant. Thanks to the SDD, two Landmark developments, Casa Delmar in Dee Why and Live Caringbah, will incorporate 15 per cent affordable housing options, supporting key workers to live and work in the communities they serve. The combined value of these projects is estimated to be $600 million, contributing nearly 500 apartments to Sydney's housing supply. Its proactive approach to construction is one of the attributes that sets Landmark apart. Work is already underway to bring these projects to life as quickly as possible. The basement work for Casa Delmar is already complete and construction has recently broken ground at Live Caringbah. While many building companies talk about the need for change, Landmark is actively making it happen. The urgency of the housing crisis in Sydney cannot be overstated. According to research by Sydney University, without measures to enhance housing affordability, it is unlikely there will be any parts of Sydney where a median part-time or full-time income can solely cover the cost of purchasing a home until at least 2031. Landmark Group is stepping up to meet this challenge, with plans to deliver a total of 1,450 apartments across Sydney by 2026. This ambitious goal is backed by a robust pipeline of more than $5 billion in residential developments.
The Advertiser
5 days ago
- The Advertiser
Developer's bold plan to create 'Newcastle's Double Bay'
Plans for a seven-storey, 40-unit mixed-use development that its backers hope will help transform The Junction into Newcastle's version of Sydney's Double Bay have been revealed. Boasting four top-floor penthouses and a basement car park, the $30 million proposal for between 189-197 Union Street and 11-15 Kenrick Street represents the biggest development proposal to occur in the inner Newcastle suburb in decades. "If you look at the type of development that has been happening in and around Double Bay over the past 15 years... we believe the same thing can happen here in Newcastle," Diverse Property Constructions development manager Mark Randon said. "We want to create improved pedestrian walkways, vibrant green spaces, and outdoor dining zones with state-of-the-art facilities; our goal is to enhance The Junction's amenity, accessibility, and economic strength." A pre-development application shows the project will house 280 residents and create 210 construction jobs. The 24-metre high proposal will also require a significant increase to the area's current 10-metre height limit. If all goes well, Mr Randon said he hoped construction could begin in late 2026 or early 2027. Mr Randon said the design process had been informed by feedback from local businesses and stakeholders to ensure the project aligned with community needs and aspirations. "This project represents a significant investment in the future of The Junction: delivering a thriving, integrated development that people will be proud to live, work, and socialise in. We aim to truly reflect the values of the community and contribute to the long-term economic and social vitality of The Junction," he said. "In addition to strengthening the local business environment and creating new employment opportunities, the project places a strong emphasis on sustainability and inclusive design, ensuring that The Junction continues to be a place where people foster a strong sense of place and purpose." An environmental impact statement is presently being prepared for the State Significant Development. Artist's impressions of the proposed design are expected to be released in the coming weeks. The project also complements the state government's push to introduce higher-density housing in key locations across the Lower Hunter, including the Junction. Other locations include Adamstown, Hamilton and Kotara stations, Green Hills, Mayfield, Belmont, Boolaroo, Cessnock, Maitland, Nelson Bay and Raymond Terrace town centres. The government says the low and mid-rise housing policy will reintroduce housing choice and diversity back into urban planning by filling in the 'missing middle' between high-rise apartments and greenfield development. Speaking in the lead-up to the June state budget, NSW Treasurer Daniel Mookhey said the government would look at tweaking the program to better suit market conditions. "We will always look to see whether we can tweak policy settings to reflect the conditions we're currently in, but we have made a lot of progress in showing people that these are really fantastic communities in which to live and fantastic communities in which to raise families," he said. "I see the [Transport-Oriented Development] policy as being a really good first step in showing people that we are serious about solving the housing crisis, but equally respectful of people's desire to live in terrific neighbourhoods." Plans for a seven-storey, 40-unit mixed-use development that its backers hope will help transform The Junction into Newcastle's version of Sydney's Double Bay have been revealed. Boasting four top-floor penthouses and a basement car park, the $30 million proposal for between 189-197 Union Street and 11-15 Kenrick Street represents the biggest development proposal to occur in the inner Newcastle suburb in decades. "If you look at the type of development that has been happening in and around Double Bay over the past 15 years... we believe the same thing can happen here in Newcastle," Diverse Property Constructions development manager Mark Randon said. "We want to create improved pedestrian walkways, vibrant green spaces, and outdoor dining zones with state-of-the-art facilities; our goal is to enhance The Junction's amenity, accessibility, and economic strength." A pre-development application shows the project will house 280 residents and create 210 construction jobs. The 24-metre high proposal will also require a significant increase to the area's current 10-metre height limit. If all goes well, Mr Randon said he hoped construction could begin in late 2026 or early 2027. Mr Randon said the design process had been informed by feedback from local businesses and stakeholders to ensure the project aligned with community needs and aspirations. "This project represents a significant investment in the future of The Junction: delivering a thriving, integrated development that people will be proud to live, work, and socialise in. We aim to truly reflect the values of the community and contribute to the long-term economic and social vitality of The Junction," he said. "In addition to strengthening the local business environment and creating new employment opportunities, the project places a strong emphasis on sustainability and inclusive design, ensuring that The Junction continues to be a place where people foster a strong sense of place and purpose." An environmental impact statement is presently being prepared for the State Significant Development. Artist's impressions of the proposed design are expected to be released in the coming weeks. The project also complements the state government's push to introduce higher-density housing in key locations across the Lower Hunter, including the Junction. Other locations include Adamstown, Hamilton and Kotara stations, Green Hills, Mayfield, Belmont, Boolaroo, Cessnock, Maitland, Nelson Bay and Raymond Terrace town centres. The government says the low and mid-rise housing policy will reintroduce housing choice and diversity back into urban planning by filling in the 'missing middle' between high-rise apartments and greenfield development. Speaking in the lead-up to the June state budget, NSW Treasurer Daniel Mookhey said the government would look at tweaking the program to better suit market conditions. "We will always look to see whether we can tweak policy settings to reflect the conditions we're currently in, but we have made a lot of progress in showing people that these are really fantastic communities in which to live and fantastic communities in which to raise families," he said. "I see the [Transport-Oriented Development] policy as being a really good first step in showing people that we are serious about solving the housing crisis, but equally respectful of people's desire to live in terrific neighbourhoods." Plans for a seven-storey, 40-unit mixed-use development that its backers hope will help transform The Junction into Newcastle's version of Sydney's Double Bay have been revealed. Boasting four top-floor penthouses and a basement car park, the $30 million proposal for between 189-197 Union Street and 11-15 Kenrick Street represents the biggest development proposal to occur in the inner Newcastle suburb in decades. "If you look at the type of development that has been happening in and around Double Bay over the past 15 years... we believe the same thing can happen here in Newcastle," Diverse Property Constructions development manager Mark Randon said. "We want to create improved pedestrian walkways, vibrant green spaces, and outdoor dining zones with state-of-the-art facilities; our goal is to enhance The Junction's amenity, accessibility, and economic strength." A pre-development application shows the project will house 280 residents and create 210 construction jobs. The 24-metre high proposal will also require a significant increase to the area's current 10-metre height limit. If all goes well, Mr Randon said he hoped construction could begin in late 2026 or early 2027. Mr Randon said the design process had been informed by feedback from local businesses and stakeholders to ensure the project aligned with community needs and aspirations. "This project represents a significant investment in the future of The Junction: delivering a thriving, integrated development that people will be proud to live, work, and socialise in. We aim to truly reflect the values of the community and contribute to the long-term economic and social vitality of The Junction," he said. "In addition to strengthening the local business environment and creating new employment opportunities, the project places a strong emphasis on sustainability and inclusive design, ensuring that The Junction continues to be a place where people foster a strong sense of place and purpose." An environmental impact statement is presently being prepared for the State Significant Development. Artist's impressions of the proposed design are expected to be released in the coming weeks. The project also complements the state government's push to introduce higher-density housing in key locations across the Lower Hunter, including the Junction. Other locations include Adamstown, Hamilton and Kotara stations, Green Hills, Mayfield, Belmont, Boolaroo, Cessnock, Maitland, Nelson Bay and Raymond Terrace town centres. The government says the low and mid-rise housing policy will reintroduce housing choice and diversity back into urban planning by filling in the 'missing middle' between high-rise apartments and greenfield development. Speaking in the lead-up to the June state budget, NSW Treasurer Daniel Mookhey said the government would look at tweaking the program to better suit market conditions. "We will always look to see whether we can tweak policy settings to reflect the conditions we're currently in, but we have made a lot of progress in showing people that these are really fantastic communities in which to live and fantastic communities in which to raise families," he said. "I see the [Transport-Oriented Development] policy as being a really good first step in showing people that we are serious about solving the housing crisis, but equally respectful of people's desire to live in terrific neighbourhoods." Plans for a seven-storey, 40-unit mixed-use development that its backers hope will help transform The Junction into Newcastle's version of Sydney's Double Bay have been revealed. Boasting four top-floor penthouses and a basement car park, the $30 million proposal for between 189-197 Union Street and 11-15 Kenrick Street represents the biggest development proposal to occur in the inner Newcastle suburb in decades. "If you look at the type of development that has been happening in and around Double Bay over the past 15 years... we believe the same thing can happen here in Newcastle," Diverse Property Constructions development manager Mark Randon said. "We want to create improved pedestrian walkways, vibrant green spaces, and outdoor dining zones with state-of-the-art facilities; our goal is to enhance The Junction's amenity, accessibility, and economic strength." A pre-development application shows the project will house 280 residents and create 210 construction jobs. The 24-metre high proposal will also require a significant increase to the area's current 10-metre height limit. If all goes well, Mr Randon said he hoped construction could begin in late 2026 or early 2027. Mr Randon said the design process had been informed by feedback from local businesses and stakeholders to ensure the project aligned with community needs and aspirations. "This project represents a significant investment in the future of The Junction: delivering a thriving, integrated development that people will be proud to live, work, and socialise in. We aim to truly reflect the values of the community and contribute to the long-term economic and social vitality of The Junction," he said. "In addition to strengthening the local business environment and creating new employment opportunities, the project places a strong emphasis on sustainability and inclusive design, ensuring that The Junction continues to be a place where people foster a strong sense of place and purpose." An environmental impact statement is presently being prepared for the State Significant Development. Artist's impressions of the proposed design are expected to be released in the coming weeks. The project also complements the state government's push to introduce higher-density housing in key locations across the Lower Hunter, including the Junction. Other locations include Adamstown, Hamilton and Kotara stations, Green Hills, Mayfield, Belmont, Boolaroo, Cessnock, Maitland, Nelson Bay and Raymond Terrace town centres. The government says the low and mid-rise housing policy will reintroduce housing choice and diversity back into urban planning by filling in the 'missing middle' between high-rise apartments and greenfield development. Speaking in the lead-up to the June state budget, NSW Treasurer Daniel Mookhey said the government would look at tweaking the program to better suit market conditions. "We will always look to see whether we can tweak policy settings to reflect the conditions we're currently in, but we have made a lot of progress in showing people that these are really fantastic communities in which to live and fantastic communities in which to raise families," he said. "I see the [Transport-Oriented Development] policy as being a really good first step in showing people that we are serious about solving the housing crisis, but equally respectful of people's desire to live in terrific neighbourhoods."
News.com.au
27-07-2025
- News.com.au
Geelong CBD freehold offers multiple income options
Geelong's emerging laneways could become the key to unlocking the value of a CBD landmark formerly home to Duffs Jewellers. The two-storey freehold is up for grabs with a new expressions of interest campaign to test the market for city centre real estate. Colliers, Geelong agents Jonathon Lumsden, Ned Tansey and Jackson Carrick are handling the sale for 134 Moorabool St, Geelong, with offers closing August 14. Mr Lumsden said price expectations were $2m-plus. The 180sq m ground floor comprises retail and office space, along with amenities and the original strongroom. The first floor has been converted to a luxury four bedroom, three-bathroom apartment, flooded with natural light from an atrium. The property is opposite Geelong's Bright & Hitchcocks building where developer Hamilton Group has started a multimillion dollar redevelopment. 'The owners ran their own business from there – they've closed that office down and are using it for storage themselves while they were running upstairs as their Airbnb,' Mr Lumsden said. 'Since they've got other interests, now is the time to divest.' The building offers the potential for a new owner to create dual income streams, and activate frontages to Moorabool St and Shorts Place at the rear, Mr Lumsden said. 'It also gives someone the potential to reconfigure the ground floor so they could activate a space with direct access of Moorabool St, and then activate a space that's accessed off Shorts Place,' Mr Lumsden said. Geelong developer Bill Votsaris has already unlocked Shorts Place for neighbouring projects, including a 24-hour Anytime Fitness gym. 'I think there's some appeal to that, to create those dual access points. Does that mean someone looks to do something more retail on the Moorabool St frontage and then more hospitality from Shorts Place? 'There's a few different things you can those around and meanwhile you can maintain that Airbnb, whether it's leased out through Airbnb or you put a long-term tenant in there.' Mr Lumsden said one potential buyer had flagged reconfiguring the first floor into commercial office space and then look to activate the retail space on the ground floor. 'You could easily give the ground floor a facelift. That's a pretty simple process.' Interest has been from parties in Geelong and Melbourne, Mr Lumsden said. 'I must say the interest that's coming through are generally parties that we've seen look at other options in the CBD. 'I think people can still see the CBD is going through a bit of adjustment and they can see the investment that other landowners are investing in the CBD. 'Opposite with Cam Hamilton's development and with what Bill Votsaris is doing in Little Malop St, there's good stories to tell within that precinct. 'We got through property cycles, Moorabool St is the main thoroughfare running north-south to Belmont and attracts an enormous amount of traffic and with the property cycle we're going through at the moment where you're not buying at the peak of the market, I believe there's long-term growth to get out of it.'
