The Courier-Mail - Home - - ON THE MOVE - EMILY BLACK

Two new projects are on the hori­zon for Bris­bane-based de­vel­oper Di Marco Group.

Di Marco Group man­ag­ing di­rec­tor Adam Di Marco said the com­pany had re­cently pur­chased two sites, set to de­liver more than 30 new apart­ments to the city.

“We’ve pur­chased 8-10 Amer­sham St, West End, or a pre­mium 23-unit bou­tique de­vel­op­ment,” Mr Di Marco said.

“We’ve also just pur­chased a CBD site at 466 Ann St, Bris­bane, for a su­per pre­mium one-apart­ment per floor sub­trop­i­cal apart­ment project.”

Mr Di Marco said the West End prop­erty was tightly held for more than 70 years and when owner Alma Far­rah died in her 90s, her their chil­dren sold it.

“We’ve en­gaged award-win­ning ar­chi­tects Arkhe­field,” he said. The de­vel­op­ment is ex­pected to gain ap­proval by late De­cem­ber and mar­ket­ing for the 23 three-bed­room apart­ments would start by the sec­ond quar­ter next year with a com­ple­tion date in mid-2020.

Known as “Perry Lane’’, Mr Di Marco said the CBD project would de­liver 11 four-bed­room apart­ments with 160sq m of in­ter­nal space, in ad­di­tion to 30sq m bal­conies. “It will be the first bou­tique res­i­den­tial project in the CBD in more than a decade,” he said.

Mr Di Marco said the group ac­quired the prop­erty af­ter its de­vel­oper went into liq­ui­da­tion and ex­pected the de­vel­op­ment ap­pli­ca­tion to be lodged by the end of the year.

The apart­ments, which will also be de­signed by Arkhe­field, will be brought to the mar­ket by the sec­ond quar­ter of next year with com­ple­tion due by the end of 2020.

“We’ve en­gaged award-win­ning ar­chi­tects Arkhe­field to pre­pare a stun­ning scheme.’’

Di Marco Group's new Bris­bane CBD de­vel­op­ment (main and be­low) and the West End site (top right).

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.