Projects & Discussions | Inner City Development

[Nate Von Longneck II]

Originally Posted by Dilaz89

good work Nate!

Does this mean you'll be staying with us in Perth now?

Cheers guys!

It may mean I will need to cut my holiday short... I still think I will leave end of next week...

..details are yet to be finalised (we are both being flexible). They are looking at a soft opening sometime in July at the earliest, with a relatively well known american artist to come to Perth in August, for a BIG opening then.

Don't want to get too ahead of myself... but it is looking really positive.

[GAbE27]

Originally Posted by Nate Von Longneck II

I hope they get 700k - my 3x2 is waaaayyyy bigger than that, just down the street....

SO

I just had an interview for my (hopefully) new career at one of the renovated shops on William Street, Northbridge.

All went well. Seems as though a lot of the shops are looking at opening early in the second half of the year. Will be checking out the shop on Thursday with the business owners, to see how things are progressing.

Still a bit of a secret.... but... I can give you all a hint as to what will be opening there...if successful, I will be changing from an IT Consultant, to.... a GALLERY MANAGER.

This will be the coolest art gallery in Perth bar none, and I am so happy that I have possibly made it through to the very last stage... a lunch date in Northbridge with the owners and Melbourne manager later this week (a mere formality I reckon!).

Everything points to the EPRA "getting it" for William Street, it is very doubtful that there will be any franchises/boring tennants. Very reassuring.

Congrats!

I agree that EPRA are doing very good things along william street. However, they are not keeping their promise of affordable rents. When I applied for one of the smaller shop fronts the rent was over 3k a month. They also tried to double The butcher Shops rent (they told them to fuck off) and tripled the didgeridoo shops rent. They have also individually selected the type of shop they want in each building. its good they are keeping the brands out but can you really plan diversity??!! food for thought.

[Sanj]

fucking hell as if you werent enough of an elitist tosspot before.

being a gallery manager will do wonders for your ego, cant wait to read about it in your little blog.








congrats btw, that's awesome news. im gonna start namedropping you

[tbor]

Sounds awesome! Its also reassuring to hear there is life after leaving I.T.

[Nate Von Longneck II]

Butcher shop got a 50% increase I was told. Some shops (such as Butcher Shop) have been asked to stay. This even includes that Chinese newsagent near the didgeridooshop, and even joy tours will still be present (amongst others).

3k a month is about $700 a week. Pretty affordable for what will be, before long, one of Perth's best eclectic retail strips.

You know I'm a cynical bastard when it comes to government intervention and northbridge, but I'm actually feeling more comfortable about the whole thing than I was a month or two ago.

[Nate Von Longneck II]

Originally Posted by Sanj

fucking hell as if you werent enough of an elitist tosspot before.

being a gallery manager will do wonders for your ego, cant wait to read about it in your little blog.








congrats btw, that's awesome news. im gonna start namedropping you

haha. I know. I'm already planning it to be talked about as "that really cool new gallery on William Street, where that pretentious elitist cunt works".

tbor - yep, there is life after IT!

[GAbE27]

Originally Posted by Nate Von Longneck II

Butcher shop got a 50% increase I was told. Some shops (such as Butcher Shop) have been asked to stay. This even includes that Chinese newsagent near the didgeridooshop, and even joy tours will still be present (amongst others).

3k a month is about $700 a week. Pretty affordable for what will be, before long, one of Perth's best eclectic retail strips.

You know I'm a cynical bastard when it comes to government intervention and northbridge, but I'm actually feeling more comfortable about the whole thing than I was a month or two ago.

My fingers are crossed Nate!!

I am actually revising my retail plan from earlier last year, just not in the EPRA sites and with out the coffee component. Found a nice tenancy down that little arcade where urbanistar is.

I think its funny that EPRA asked them to stay yet still increased their rents...

[BartBart]

Originally Posted by jackso

The owners of these building:

Newspaper House, St Georges Terrace.
The Royal Insurance Building, St Georges Terrace.
The West Australian Trustees Building, St Georges Terrace.
Perth Technical College, St Georges Terrace.
The Baird’s Building, Wellington Street.
The Globe Hotel, Wellington Street.
The Wellington Building, Wellington Street.

have applied for grants under Heritage Perth's 'Light up Perth' scheme.

So, all the heritage buildings for one40William and BHP developments (except the Mitchell facade).

[jackso]

That's right. They were probably planning on it anyway, but figured they may as well apply and save themselves some cash. The cost for the total if all those buildings was quoted at $700 000.

[Nate Von Longneck II]

700k is about what scaffidi could save in airfares each year f she went cattle class like natrass did.

[samboy]

LOL Corpses can travel cargo!

[dallastexjr]

Originally Posted by GAbE27

I agree that EPRA are doing very good things along william street. However, they are not keeping their promise of affordable rents. When I applied for one of the smaller shop fronts the rent was over 3k a month.

That's not a bad rent for the area - my partner pays about $120k p.a. for a small shop in Morley Galleria.

[jackso]

Rents at karrinyup are upwards of $300 000 p.a for medium sized stores.

[Sanj]

i also think $3k a month is pretty reasonable for what must be at least 80 sqm including some storage etc. works out to around $450/sqm for pretty good retail space.

[desperaterobots]

Originally Posted by Nate Von Longneck II

I hope they get 700k - my 3x2 is waaaayyyy bigger than that, just down the street....

SO

I just had an interview for my (hopefully) new career at one of the renovated shops on William Street, Northbridge.

All went well. Seems as though a lot of the shops are looking at opening early in the second half of the year. Will be checking out the shop on Thursday with the business owners, to see how things are progressing.

Still a bit of a secret.... but... I can give you all a hint as to what will be opening there...if successful, I will be changing from an IT Consultant, to.... a GALLERY MANAGER.

This will be the coolest art gallery in Perth bar none, and I am so happy that I have possibly made it through to the very last stage... a lunch date in Northbridge with the owners and Melbourne manager later this week (a mere formality I reckon!).

Everything points to the EPRA "getting it" for William Street, it is very doubtful that there will be any franchises/boring tennants. Very reassuring.

That's fucking awesome.

[Nate Von Longneck II]

Originally Posted by desperaterobots

That's fucking awesome.

cheers DR - it aint in the bag yet, but looking good.

[desperaterobots]

Originally Posted by Nate Von Longneck II

cheers DR - it aint in the bag yet, but looking good.

Do you know any awesome emerging Perth artists who might happen to want to have a show at this new space?

I can't find the Winking/Nudging You In The Ribs emoticon right now.

[Nate Von Longneck II]

When/if it happens, you are on my list.

[hack404]

Originally Posted by Sanj

lulz at a 24 year old complaining about needing parents assistance to buy a brand new apartment in the CBD with granite tops, stainless steel appliances, a pool, gym, high strata fees, lift etc.


pls note this doesnt mean i dont think we should have more affordable apartments, just that i think she's a fucking idiot cos there are cheaper apartments in the city, they just arent new.

Not to mention the inner suburbs...

[BartBart]

Source

Luxury city flat glut pushes out poor
BEATRICE THOMAS, The West Australian March 4, 2010, 2:15 am


WA News / Ben Crabtree ©

The City of Perth is in danger of becoming overrun with luxury apartments at the expense of affordable housing for the city's 35,000 key workers, a study has found.

The Affordable Housing Mapping and Incentives Study, commissioned by the City of Perth, found the business district was becoming more polarised demographically as upgrades and redevelopments pushed out lower income workers.

The study, completed by Sydney planning company Judith Stubbs and Associates, said between 1996 and 2006 the median weekly rent in the city increased 113 per cent to $250, while the median individual income rose by only 60 per cent to $626.

It found that two-thirds of the 734 low-income households renting in the business district and the 99 low-income homeowners were under "housing stress", spending 30 per cent of their income on housing.

It said of the 700 dwellings sold in the City of Perth over the past 12 months, only 10 per cent were affordable to low-income earners.

The study, endorsed by the council's planning committee on Tuesday, warned that without council intervention through incentives for developers or mandatory planning policies forcing them to offer smaller, cheaper apartments, the situation was unlikely to improve.

It predicted a need by 2031 for at least 1750 affordable rental dwellings for the city's 35,000 low to moderately paid workers.

Voon Chai, 25, who has lived in Perth's business district since 2007, said apartments were expensive. She needed the help of her parents to buy her apartment in Hay Street last year.