MEDIA STATEMENT - SIRONA CAPITAL WELCOMES JDAP APPROVAL FOR SOUTH PERTH LYALL RESIDENCES

Sirona Capital

18th November 2019.

Sirona Capital’s Lyall Street Residences in South Perth has been approved by the Metro Central Joint Development Assessment Panel (JDAP), which met today.

The development at the corner of Labouchere Road and Lyall Street in South Perth will deliver a 37- storey scheme comprising 99 luxury apartments, commercial, and retail space.

Sirona Capital managing director Matthew McNeilly said the JDAP’s approval of the revised scheme was a pivotal moment for the South Perth community.

“While the pathway to approval had been long and frustrating and expensive, it has been worth the effort,” Mr McNeilly said.

“I’m very happy with where things have landed, and my focus now along with my team is to deliver a high-quality development that provides the type of apartments that South Perth deserves, and which adds amenity to the local community in ways that will both surprise and delight current and future residents.”

Although the site is within a no height limit zone, Sirona has scaled back the design to 37-storeys to be consistent with other proposed South Perth developments and the City of South Perth’s aspirations for the peninsula precinct.

“We’ve also reduced the number of apartments to facilitate an intimate community of residents living in one, two, three- or four-bedroom sky homes – with almost all levels having only four apartments per floor. Bigger complexes can feel less personal, and that’s what we want to avoid, especially in a tight knit community like South Perth,” Mr McNeilly said.

Fewer apartments also mean fewer car parking spaces enabling a smaller podium.

“While not everyone will appreciate the concession we’ve made on height, we felt it was important to demonstrate to the community that we were able to re-align our thinking to deliver the best possible outcome under the current planning framework.”

The Lyall Residences in South Perth will be the first to offer 200 square metre sky homes which will be three- and four-bedroom apartments with impressive panoramic views.

“We believe there is an untapped desire for apartments that accommodate families who are looking for the equivalent of a full-sized home without the burden of a full-sized garden,” Mr McNeilly said.

“Similarly, one- and two-bedroom apartments will also be offered, but the focus will be on the more spacious sky-homes, with each oriented so that all apartments have panoramic views north, east and west as the building rises to level thirty-seven.”

Mr McNeilly said he remained optimistic about the apartment market, particularly in South Perth.

“We already know there is un-met demand for large apartments with impressive views in Perth,” he said.

“What we’re offering is high quality design, a totally new and thoughtful approach to a tower development, and South Perth is the right location for it.

“I anticipate strong interest both because of the site and the fact the style of apartment we’re proposing suits the movement towards the live-work lifestyle where people are looking for alternatives to commuting by ferry or from a future South Perth train station to their workplace.”

“That’s why I asked Bates Smart, Australia’s pre-eminent architects of projects of this type, to design an outstanding building that takes its cues from the State Government’s Design WA initiative.

“We have tested our thinking at every stage to ensure our scheme was on the right track. The response from the WA Government architect to the City of South Perth speaks for itself.”

“The proposed design successfully adopts a contemporary aesthetic that is distinct from adjacent buildings and sets a fitting benchmark for the quality and visual character of future developments in this part of the City. The design corresponds to the vision that the City of South Perth has outlined in their draft Activity Centre Plan, which supports taller buildings and significantly increased residential and commercial densities that will help define a new inner-urban precinct.

“The architectural aesthetic, the interface of the building with the public realm and the provision of community benefit are … indicative of a high-quality development. The design addresses all the SPP&.0 Design Principles to a very high level and … as such, the proposal is considered to achieve a status of exemplary design.” Geoff Warn, Government Architect

Mr McNeilly said he believed that South Perth was a state asset that required careful and sustainable development based on high quality design drawing upon a sound planning framework.

“The State Government and its planning agencies have an important role to play to ensure coordinated, considerate and contemporary planning and development outcomes on the peninsula and I believe our proposal responds to the government’s aspirations.

The sale campaign will commence early in the New Year, with registrations of interest open now.