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Old July 16th, 2016, 04:48 PM   #1581
redbaron_012
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Quote:
Originally Posted by Eastern37 View Post
It is approved.
...can you believe it ! Packer must ponder...after waiting so long for approval Sydney looks to increase its height limits ! I was sure the delay was for this reason yet they popped the cork a little early ?
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Old July 16th, 2016, 10:08 PM   #1582
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I doubt packer would be interested in adding office space to the building anyway...
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Old July 17th, 2016, 01:56 AM   #1583
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Quote:
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It was only approved 2 weeks ago...
Crown Sydney: James Packer's Barangaroo casino and hotel development approved

http://www.abc.net.au/news/2016-06-2...opment/7549732

Great looking tower.

Melbourne's Crown will be next on the approved list
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Old July 17th, 2016, 04:30 AM   #1584
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It does look great, but it also looks like it should be over 300m to give it that extra elegant length and sculpted look. Pity if they don't go and seek an amendment to go as high as they can. They've waited this long...
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Old July 17th, 2016, 09:08 AM   #1585
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It does look great, but it also looks like it should be over 300m to give it that extra elegant length and sculpted look. Pity if they don't go and seek an amendment to go as high as they can. They've waited this long...
I tend to think its height now actually suits it.

Going taller may lose some of the effect.
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Old September 28th, 2016, 05:31 AM   #1586
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Nothing new here but good to see they remain optimistic of approval.

Quote:
Knight Frank to market One Queensbridge

http://www.theaustralian.com.au/busi...3edd4b9e3111a8

James Packer’s Crown Resorts and Schiavello have appointed property consultants Knight Frank to market the One Queensbridge apartment project in Melbourne’s CBD.

The super-prime residential tower — compared to luxury living in the likes of London and New York by the agent — is still subject to approval from the Victorian government and Melbourne City Council.

Crown Resorts’ proposal could see Melbourne’s prime residential offerings — which have garnered the attention of offshore investors — challenge Sydney’s dominance in the market.

Knight Frank’s Prime Global Cities Index in April found Melbourne had overtaken Sydney, with prices increasing 11 per cent for top-tier properties during the second quarter of the year and the city ranking fifth globally.

Crown Resorts executive vice-president for strategy and development, Todd Nisbet, said One Queensbridge would be “the perfect amalgam of residence and permanent holiday”.

“Knight Frank is unique in understanding this kind of offering, which has never really been seen before in Australia,” he said.

Knight Frank’s global head of residential, Lord Andrew Hay, said One Queensbridge would “place Australia in the global arena for luxury residential property offerings”.

“One Queensbridge will be placed among the world’s best, alongside London’s One Hyde Park and New York’s One57,” he said.

Knight Frank’s One Queensbridge sales and marketing director Erin van Tuil said the development was “extremely exciting”.

“It will certainly be the first super prime development of its kind in Melbourne and the first in Australia to incorporate a six-star hotel,” she said.

Crown and Knight Frank expect a good mix of offshore investors and local buyers looking to downsize and move closer to the city.

“This is the sort of property that will definitely attract those couples whose children have left home and they want better access to the amenities and entertainment available in Southbank,” Ms van Tuil said.
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Old September 28th, 2016, 01:50 PM   #1587
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Quote:
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I tend to think its height now actually suits it.

Going taller may lose some of the effect.
With AUS108 and Eureka nearby...to think if a few metres may add some observable difference...Add to the effect I reckon !
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Old October 1st, 2016, 12:17 AM   #1588
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http://www.theaustralian.com.au/life...a8c7ba639d108f



Melbourne’s super-prime residential market rocks Sydney

.

Richard Ferguson
The Australian
12:00AM October 1, 2016
..

Melbourne could steal Sydney’s super-prime residential market crown as James Packer’s One Queensbridge luxury penthouse project took one step closer this week to becoming a reality.

Property consultants Knight Frank have signed on with Crown Resorts and co-developer Schiavello to prepare the Southbank apartment tower for the planning approval process and the market.

Crown is yet to reveal their full plans for One Queensbridge as it is still subject to approval from the Victorian government and the Melbourne City Council.

It is speculated the apartments could fetch more than $20 million apiece and the plans are for luxury living to rival offerings in New York and Hong Kong.

Todd Nisbet, Crown’s executive vice-president for strategy and development, says the proposed apartments could be “the perfect amalgam of residence and permanent holiday”.

Knight Frank residential research director Michelle Ciesielski says Melbourne’s status as The Economist’s most liveable city for the sixth year running has made it an attractive hotspot for luxury buyers.

“Sydney was traditionally seen as the global city but Melbourne is catching up fast.”

Melbourne overtook Sydney in the property consultancy’s Prime Global Cities Index in the last July quarter in the prime residential stakes and came fifth internationally.

Ms Ciesielski says the growing number of international students at Melbourne universities and the purchasing power of a low Australian dollar were also driving interest. “If a foreign buyer can’t come through as an investment migrant, you find they’ll buy a property in Australia instead and Melbourne now has more stock available,” she says.

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Old October 1st, 2016, 09:34 AM   #1589
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Look at that render...Ok maybe ? But why not push it to a super...super tall...a landmark for the ages...then, rules, defining marks of human habitation of planet Earth mark 2016...can someone have some foresight in major sites beyond their blinded minds...I don't think so...400m at least if you ask me...The world is going 1 kilometre and more...go tell those in shadow for a few minutes one day one year one decade or millennium we tried...we really tried ?????
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Old October 1st, 2016, 09:58 AM   #1590
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It's not the size; it's the girth.

Quote:
Originally Posted by redbaron_012 View Post
Look at that render...Ok maybe ? But why not push it to a super...super tall...a landmark for the ages...then, rules, defining marks of human habitation of planet Earth mark 2016...can someone have some foresight in major sites beyond their blinded minds...I don't think so...400m at least if you ask me...The world is going 1 kilometre and more...go tell those in shadow for a few minutes one day one year one decade or millennium we tried...we really tried ?????
Viagra isn't that expensive once you hit retirement.
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Old October 1st, 2016, 10:25 AM   #1591
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Viagra isn't that expensive once you hit retirement.
...with a little bit of shyness...I am what I am...with no viagra at all...hmmm...not at all...what is it with these youngans ?
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Old October 1st, 2016, 11:38 AM   #1592
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I am excited by this. It'll be the next biggest development in this city. A game changer. However there is something about the design I can't warm to. It's trying to be sculptural but there's no elegance to it. It just doesn't look right.
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Old October 1st, 2016, 03:05 PM   #1593
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Looking at the new Crown Tower amongst the throng of Southbank...The design is Ok yet it should reach higher to be a pinnacle not just another tower amongst the height limit rules. Yeah rules are rules yet rules begat boring repetitive sameness..onward and onward...
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Old October 1st, 2016, 03:32 PM   #1594
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i really dont like how the perspective render makes it look so fat.

In reality it will probably appear slimmer and taller but the image above stretches it on teh x and z axis and it looks overpowering.

looking forward to the real thing though!
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Old October 18th, 2016, 11:47 AM   #1595
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Could this latest saga effect the proposal?
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Old October 18th, 2016, 11:57 AM   #1596
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I just hope Packer's proposal isn't affected by his problems in China.
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Old October 18th, 2016, 01:25 PM   #1597
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Here it is sleeping...In Sydney, another story...?
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Old October 20th, 2016, 12:02 AM   #1598
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Looking shaky now. I think at best there will be a lengthy delay in this project coming to fruition.

Quote:
Missing big rollers could hurt Crown Resorts' apartment business

http://www.afr.com/real-estate/missi...#ixzz4NXD2vzNm

Crown Resorts' Melbourne apartment business could also be hurt in the wake of its troubles in China, property agents have said.

It is understood Crown was counting on the Chinese high-rollers or "whales" to spend big on its Melbourne gambling floors and buy new apartments at its recently announced ultra-luxury One Queensbridge Hotel Tower, a joint project with Melbourne developer Schiavello Group.

But over the weekend, those plans could have been thwarted as Chinese authorities detained 18 Crown sales and marketing employees as part of a crackdown on the promotion of gambling in China.

Banking on high-rollers

While prices for the 708 apartments at One Queensbridge had not been set, it was well-known in the prestige industry that Crown had banked on its high-rollers to mop up any price tag it put to them, one project marketer said.

"Crown didn't care. They told us that being based offshore, their buyers will and do pay more," he said.

He questioned the long-term viability of the Crown apartment brand but Melbourne Chinese agents argued Crown would not have difficulty selling its One Queensbridge apartments to prestige offshore buyers especially given its premium riverfront location.

One Chinese agent confirmed one of Crown Resorts' marketing strategy was to offload apartments to Chinese high-rollers during an entertainment junket.

"While the high-rollers were visiting here, Crown would show them around and their partner Schiavello would offer them a brochure and present the apartments to them. It was not a hard sell however, very chilled," she said.

"The Crown VIP service will then translate the presentation and do the apartment deal.

"But even without the high-rollers, the site would still sell itself."

A Macau casino operator also told The Australian Financial Review he was not surprised Crown employees were in China rounding up wealthy spenders.

"If they don't get the high-rollers now, would they be able to the project off the ground?" he said.

Crown and Schiavello have already lodged ambitious and costly plans for the Queensbridge Hotel Tower project, which includes a six-star hotel of 388 rooms and 708 apartments.

The $1.7 billion, 90-level tower will rise to 323 metres, eclipsing the Australia 108 apartment tower of 319m that is under construction nearby. It will also overtake the Q1 tower on the Gold Coast, which measures 322m.

A key feature is the pedestrian footbridge linking the new tower hotel with Crown Casino.

So exclusive was the project, Crown has asked the proposal be exempt from the usual planning rules on the basis it is a project of state significance.

Knight Frank's exclusive residential team was also recently appointed to beef up the promotion of the One Queensbridge apartments in Australia and overseas.

Knight Frank and Schiavello Group declined to comment while Crown Resorts did not respond at the time of publication.

Potential Barangaroo threat

The Chinese crackdown is also threatening Crown Resorts' $2 billion six-star hotel and casino project at Sydney's Barangaroo project which is likely to include a $100 million penthouse.

The detentions have raised questions about the new complex and its business model, which is focused on attracting high-rollers from overseas.

Crown was dealt another blow when NSW Premier Mike Baird firmly ruled out poker machines at Barangaroo.
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Old October 20th, 2016, 04:44 AM   #1599
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Fairfax have been playing up the gloomy, sky-is-falling, white-elephant angle all week on this story. It feels a little over the top to me.

This is not a nothing story, but nor do I buy the angle that Crown is now completely stuffed. Casinos always make money. The arrests seem to me to be a political play, a slight jab from China to Australia likely in regards to the South China Sea and other decisions (e.g recent knock back of China purchase of power distribution).

I am sure diplomatic discussion is now occurring with Chinese grievances being made clear. I am also sure Crown does not like being the pawn in the game.

Keep the faith.
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Old October 24th, 2016, 05:00 AM   #1600
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No news, just a terrible paint job.

So I took Red Baron's superb recent Dockland photo and hacked in my estimation of One Queensbridge, good for a laugh:

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