Mar­ket prompts de­vel­op­ment re­think Kristie Lim

Eastern Reporter - - News -

YOLK Prop­erty Group has amended its de­vel­op­ment plans for Lots 41 and 40, 9 and 11 King Wil­liam Street from seven storeys to six be­cause of a “slow mar­ket”.

The de­vel­op­ers also want re­tail rather than a mix of re­tail and restau­rants on the ground floor as pre­vi­ously pro­posed.

The City of Bayswa­ter pushed to keep her­itage value and restau­rants in the amended six-storey Heir apart­ments pro­posal at last week’s com­mit­tee meet­ing.

The coun­cil re­ceived the amended ap­pli­ca­tion and ap­proved Cr Sally Palmer’s re­quest to give due re­gard to the her­itage, re­ten­tion of the pre­vi­ously ap­proved restau­rants on the ground floor and for the coun­cil to not in­crease park­ing re­quire­ments.

The pro­posal will be con­sid­ered by the Met­ro­pol­i­tan Cen­tral Joint De­vel­op­ment As­sess­ment Panel (JDAP) on Septem­ber 18.

The cur­rent pro­posal fea­tures a 20m-high, six-storey build­ing with two shops and 27 apart­ments.

Other changes in­clude an in­creased street set­back on the sec­ond and third floors (nil-3.2m to 5m), bound­ary set­backs on the sec­ond to fourth floors re­duced from 3.2m to 3m and two ground floor ten­an­cies pro­posed to change use from restau­rant to shop.

In Fe­bru­ary 2016, JDAP ap­proved a seven-storey de­vel­op­ment with 27 apart­ments plus restau­rant and shop space on the ground floor af­ter State Ad­min­is­tra­tive Tri­bunal me­di­a­tion, pe­ti­tions and com­mu­nity out­rage, and sup­port from a Bayswa­ter com­mu­nity group.

The coun­cil ap­proved the de­mo­li­tion of 9 King Wil­liam Street and the fa­cade of num­ber 11 be­ing re­tained in Fe­bru­ary 2015.

Yolk Prop­erty Group di­rec­tor Pete Adams ad­dressed coun­cil about the lack of pre-sales in a “slow mar­ket” and the group’s wish to drop the bulk and scale on the street that led to its amended ap­pli­ca­tion and re­quest to the JDAP for a two-year ap­proval ex­ten­sion.

“I feel like a crim­i­nal in this area and there is too much op­po­si­tion to this,” he said.

Mr Adams said the plan kept the her­itage on the ground and sec­ond floors.

Bayswa­ter res­i­dent Keith Cle­ments, who spoke on be­half of three res­i­dents, said the cur­rent ap­pli­ca­tion was a “cheaper and bom­bas­tic choice of a de­sign”.

“We are not against de­vel­op­ment but the lack of lo­cal her­itage and streetscape,” he said.

Mr Adams told the Eastern Re­porter af­ter the meet­ing that con­struc­tion would likely start in 2018 af­ter a re-launch of the project early next year.

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