Sydney’s best property developers announced at industry awards

Sep 4, 2017

It’s award season in the property development industry with both the Urban Development Institute of Australia and Urban Taskforce Australia handing out their 2017 gongs.

There were many standout projects amongst the winners, including Sydney’s newest harbourside mixed-use precinct – Barangaroo by Lendlease – which was named Urban Taskforce’s Development Of The Year.

Urban Taskforce also acknowledged Charter Hall’s 1 Parramatta Square offices in Sydney’s west, which took out best Commercial Office Metro Development, and Mirvac’s EY Centre on Sydney’s George Street for the best Commercial Office City Development.

The awards celebrate excellence in skills, contemporary knowledge and innovation in the development industry. In assessing the winners, the judges look at economic performance, design, environmental commitment and innovation.

Legacy Property takes home the prize for high-rise excellence 

It wasn’t just the big firms that did well at the awards. Independent developer Legacy Property was proud to take out the High-Rise City Apartments Development award for Capitol at Bondi Junction.

The high-rise award, which recognises residential developments that are more than five storeys with a minimum density of 30 dwellings per site hectare, pointed to the project’s unique design and integration into its surrounds.

“Capitol Bondi Junction is a 20-storey, mixed-used development on the eastern edge of Bondi Junction, consisting of 100 residential apartments, 90 car parking spaces over three basement levels and three retail suites,” the judges said.

“The design thoughtfully responds to challenging urban conditions, offering a tapered built form that promotes view-sharing to surrounding developments, a distinctive awning that frames the streetscape and creation of a unique entry from Oxford Street, all of which contribute positively to the design.”

CEO of Legacy Property, Matthew Hyder, said Capitol’s success at the awards demonstrated the company’s commitment to meticulous planning and design.

“Thoughtful planning and attention to detail has resulted in the creation of a stunning building set against panoramic CBD, harbour and bridge views. The apartments have been meticulously planned with elegant design, high-quality kitchens and bathrooms,” he said.

“Capitol is a prime example of how Legacy Property crafts each project to cater to the varying needs and interests of buyers from suburb to suburb.”

Caddens Hill and Greenway recognised

Legacy Property’s projects Caddens Hill, Greenway and Capitol at Bondi Junction were also acknowledged by the Urban Development Institute of Australia. All three projects were short-listed finalists.

Greenway was a finalist in two categories including the Excellence in Masterplanned Communities award and the Excellence in Marketing – Land Development award. Capitol at Bondi Junction was a finalist in the Excellence in High-Density Development category.

Caddens Hill was also a finalist in the Excellence in Marketing – Land Development award. The judges said of Caddens Hill: “The combination of a comprehensive media campaign, as well as targeted PR strategy, has resulted in the project establishing a considerable database and a keen public following.” t

“With strong demand from all buyer groups, the Caddens Hill team follows a tightly controlled sales process in order to achieve a fair and equitable outcome for customers.”