Land covering almost 60 hectares in Mandogalup is within Satterley and Qube Property Groups' reach after the state government stepped in to override the local council's decision.
Qube Property has bought a Canning Vale industrial site for $6.3 million, while handing over $4.29 million to the state to acquire more land in Hammond Park.
SPECIAL REPORT: WA's residential land developers are cautiously positive the market is rebounding, but likely economic disruption from the COVID-19 pandemic could press pause on the recovery.
The state government has endorsed findings by the Environmental Protection Authority that will allow for urban development on a portion of land near an Alcoa waste dump in Perth's southern suburbs.
Satterley Property Group has welcomed advice from the Environmental Protection Authority that confirmed there were no health risks over its landholdings in Mandogalup, but uncertainty still hangs over whether part of the southern suburb is appropriate for residential development.
Developers say the extension of a buffer around industrial areas near Kwinana has the potential to set a dangerous precedent over the erosion of the rights to develop land.
Population growth is slowing, but Perth is still expanding and the challenges of a maturing city mean land developers are in for another busy year. The annual Special Report also includes an updated list of WA's biggest land developers.
Our annual Apartment Developers feature discusses the oversupply debate of apartments in Perth's inner city, the government's proposed changes to strata titles, and the next wave of demand for apartment projects.
QUBE Property Group managing director Mark Hector and Emeco Holdings chief executive Ken Lewsey are among five business leaders appointed to the board of Lifeline WA, as the not-for-profit crisis support service looks to strengthen its corporate ties.
Boutique development firm QUBE Property Group says the recent approval of a $20.5 million, seven-storey apartment project in West Leederville is a firm endorsement of the state government's development assessment panels.
The ink is finally dry on GHD's contract for at least 6,500sqm in QUBE Property Group's office project at 999 Hay Street on the western fringe of the CBD.
Construction of QUBE's new office tower in the CBD will set a high-water mark for the group, but being the best (not the biggest) remains the focus for this developer.
Two former executive directors of local property group Clarke & Hawkins Management have split from the business to form boutique development and investment vehicle Qube Property Group Pty Ltd, taking more than $1 billion of projects with them.
