Adrian Fini-led Human Urban has lodged a $110 million proposal to redevelop the heritage-listed Elders Wool Stores building in Fremantle into a residential and hospitality project.
Artrage chief executive Sharon Burgess has announced she will step down from her role, having led the Northbridge-based arts not for profit since late 2019.
A plan to revitalise Gloucester Park with a 4,000-spectator capacity theatre space, racetrack renovation and hospitality precinct is on the cards if a land sale to Hesperia is approved.
Australian Capital Equity is believed to be seeking a partner or adviser to bring heritage expertise to the South Fremantle Power Station development, including sounding out Hesperia.
National not-for-profit Ability First Housing has acquired five units at Hesperia's $65 million Victoria House development for specialist disability accommodation.
Perth-based property developer Hesperia has announced multi-national hotel giant Marriott will join its new $200 million Murdoch health precinct, delivering 150 guest rooms.
Real Asset Management has purchased two health centres for circa $17.5 million, adding to $150 million worth of medical properties transacted across Perth and Peel over the past 12 months.
Hesperia has secured paediatric health service provider Western Kids Health as the largest commercial tenant for Victoria House, its $65 million mixed-use development in Shenton Park.
With property groups increasingly understanding the potential of heritage assets, Business News explores some of the state's prominent heritage redevelopments and those in the pipeline.
Hesperia, in partnership with Birchmead Property Group, has acquired Lot 118 within the Murdoch Health and Knowledge Precinct, to deliver approximately 120 residential apartments.
Property developers Adrian Fini and Ben Lisle have merged their operations under the name Hesperia, with the new entity having nearly $1 billion of projects under development and a busy pipeline of future opportunities.
Developers are pushing ahead with plans for new projects, hoping recent government initiatives aimed at stimulating the sector will help cushion any further COVID and economic blows.
Fini Group has lodged a development application to build a new $200 million medical and commercial precinct at Murdoch, highlighted by the state's first medihotel, but the project is at least a year behind its original schedule.
Change is sweeping through front bars and suburban watering holes across the city, with publicans of some of the city's most recognisable pubs spending up big in efforts to stay relevant in Perth's rapidly diversifying hospitality sector.
Perth's next apartments and employment hub will be created at Murdoch, with Fini Group selected to deliver the $200 million first stage of LandCorp's Murdoch Health and Knowledge Precinct.
It has taken 20 years for FJM Property director Adrian Fini's vision to become reality, but the doors are open at the first hospitality venue at the Old Treasury Buildings, which have been rebranded as the State Buildings.
Artrage program manager Amber Hasler has been appointed as director of Perth's Fringe World Festival, while Marcus Canning stays on as chief executive.
Property developers FJM Property and Ascot Capital have formed a joint venture to develop a 2.3-hectare site in Innaloo, next door to the site where Georgiou Capital is about to start construction