The prominent apartment developer says the government is squeezing out the private sector by investing in construction projects during a period of high economic activity.
The state's peak planning body has received Blackburne's proposal to build a 17-storey luxury apartment project in South Perth, estimated to cost $70 million.
The Town of Cambridge is recommending the peak planning body refuse Blackburne's plan to turn the Ocean Village Shopping Centre into an apartment and retail complex.
The developer expects to unveil plans for the Ocean Village Shopping Centre site, formerly owned by a Pindan-connected entity, by the end of this year.
A redesign of the Karrinyup West apartments did little to sway Stirling councillors who stood firm in their opposition to the $390 million development.
Apartment sales in Perth seem to remain strong as developer Blackburne boasts only three vacant penthouses out of its 236 apartments at its One Subiaco development.
Blackburne Property group has appointed BGC to build its $75 million East Village project, located adjacent to the $800 million redevelopment of Karrinyup Shopping centre.
Subiaco is set for resurgence, but it will take a coordinated approach from landlords, developers and council to take full advantage of its more than $500 million pipeline.
Premier Mark McGowan today hailed the start of construction of Blackburne's $280 million ONE Subiaco project as the first stage of the suburb's transformation.
Blackburne has appointed Multiplex to build its One Subiaco development on the former Pavilion Markets site, with 80 per cent of apartments already sold.
Property developer Paul Blackburne has unveiled a $300 million plan to redevelop the former Sundowner Centre on Stirling Highway into 245 apartments with parks and cafes open to the local community.
Property developers and industry groups say the state government's move to extend the stamp duty rebate is a step in the right direction, but hope further reform will remain on the agenda.
Western Australia's property developers hope the physical isolation that has helped mitigate the worst of COVID-19 in this state will also insulate the local apartment market from a contagion of a different kind.
The state government has introduced a package of planning reform measures that include streamlining approvals for 'significant' developments, with the aim to boost economic recovery.
Paul Blackburne's unwavering belief that Perth needs more apartments has been validated by the growth of his company into one of the city's most prolific developers.
A series of large-scale residential and commercial projects are expected to get under way in Perth this year with a development pipeline nearing $2 billion in value.
Subiaco's apartments market is running hot, with Blackburne racking up rapid sales success at its $280 million One Subiaco development and boutique developer Celtic Properties launching an 82-dwelling development on Roydhouse Street.