Development at New Junction
Activating Growth
New Junction - bounded by Morrison Road, Keane Street, the Crescent and Sayer Street - is a Master planned project expected to accommodate approximately 1,500 – 2,000 residents, typically in four to seven level mixed use buildings.
Some 23,000m² of new retail floor space, 12,200m² of restaurant space and 75,000m² of new office floor space is planned along with civic and hospitality uses. The Midland Oval Redevelopment Urban Design Guidelines provide an outline of the principles, key priorities and processes to guide great urban design, architecture and sustainable development of the precinct.
The redevelopment is anticipated to take 10 to 15 years for both public and private development. The City currently owns significant landholdings in New Junction and considers this key to the revitalisation of the precinct. As a result, the City has the ability to create appropriately sized lots for development and to take a proactive role in the strategic release of lots to the market. The first stage was building the key linking road, Junction Parade, and Weeip Park, a significant community park that interprets the sites indigenous and sporting history, while providing open space for recreation.
Developers committed to New Junction
De Mol Investments
De Mol Investments Pty Ltd have completed the first of their three residential apartment buildings. Catalyst is an eight level building with a mix of one, two and three bedroom rental apartments.
Swan Valley Fresh
Swan Valley Fresh Markets Pty Ltd, the iconic fresh markets on the corner of Morrison Road and Keane Street, have acquired some 7,500m² to significantly expand their fresh food business, create a new medical centre, and provide some 130 apartments.
Lot 811 Swan Vertical Village
Lot 811 is a 5,325m² adjacent to the proposed Residential Park and opposite the new Catalyst building.
Zoned Midland Strategic Regional Centre, the site has a wide range of uses, with the preferred use being mixed use commercial, probably office, with potential for residential above.
The site has a plot ratio of 5.3:1 and a height range of 3 to 8 storeys.
This lot is now under option to Reefbay Holdings Pty Ltd as trustee for the Swan Vertical Village Land Trust.
Their proposal is to build a 11 level over 55’s lifestyle village with 207 one, two and three bedroom apartments using a hybrid leasing, shared equity model.
For residents, every second floor has a mix of social and private spaces to connect. In addition the proposal includes a day spa, sauna and gym, private cinema, pool, mens and women’s activity areas, plus music and games rooms.
Swan Chamber of Commerce
The Swan Chamber of Commerce is committed to New Junction, and have recently released the video, The New Junction Project – Embracing Midland’s Future.
Get in touch
Midland’s city centre offers significant redevelopment opportunities for investors and developers. To be part of this iconic destination for Midland with high quality public realm, active community spaces, streetscapes and new uses including civic, retail, commercial and residential, please get in touch.