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Leading developer QUBE Property Group has been selected to deliver some of the last remaining parcels of land within the award-winning Subi Centro project.
Metropolitan Redevelopment Authority Chief Executive Officer Kieran Kinsella said that the Western Australian company had been selected to develop a 6,500sqm commercial lot at the 4.4ha Australian Fine China (AFC) site.
“QUBE has successfully demonstrated a commitment to delivering the vision for the Australian Fine China site – to create a sustainable commercial precinct that connects the public open space and residential homes that surround it,” Mr Kinsella said.
“The development by QUBE will help to revitalise the western entrance to Subiaco by delivering over 8,000sqm of commercial space on Hay Street in the initial phase with a further 14,000sqm of commercial space in the second and third phases of the project.”
In going to the market, the MRA sought a developer that could achieve the high targets set in managing water and energy use at the site.
“With the AFC project targeted to achieve over 50 per cent reduction in scheme water use through water sensitive design initiatives, and the integration of a centralised geothermal energy system for heating and cooling, the AFC site will result in a new standard of environmentally sustainable development for the Perth metropolitan region.”
Once complete, the three phases of the QUBE development will result in mixed-use buildings, aimed at attracting a wide range of office tenants. Café and restaurant opportunities will also be built into each stage of development.
Of the eight developments by QUBE in the area, this will mark their third commercial development within the Subi Centro project.
“In addition to this commercial development, a number of families already have the opportunity to call the AFC site home, with seven of the nine single residential lots within the site now either under contract or sold whilst negotiations with other residential developers are almost finalised,” said Mr Kinsella.