| PRLog | Free Press Release Distribution | + Bookmark This Page | |||||||
| Home| Submit Free Press Release| News Archive| By Category| By Location| By Date| By Tag| Newsletter| 40,000 RSS Feeds | 09:06 AM [GMT -05:00] | ||||||||
FilterCategoryAccounting Advertising Aerospace Affiliate Program Agriculture Apparel Architecture Arts Automotive Banking Beauty Biotech Books Business Computers Construction Consumer Defense Education Electronics Energy Engineering Entertainment Environment Event Family Fashion Finance Fitness Food Free Games Government Health Home Home Business Human Resources Industrial Insurance Internet Legal Lifestyle Literature Loans Manufacturing Marketing Media Medical Mobile Mortgage Movies Multimedia Music Non Profit Open Source Pets Photography Property Publishing Real Estate Religion Reports Research Restaurants Retail Science Security Semiconductors Services Shipping Shopping Society Software Sports Technology Telecom Textile Tourism Transportation Travel Wireless Country Afghanistan American Samoa Argentina Armenia Australia Austria Bahamas Bahrain Bangladesh Belarus Belgium Belize Benin Botswana Brazil Bulgaria Cambodia Canada China Costa Rica Croatia Cyprus Czech Republic Denmark Egypt Finland France Germany Gibraltar Greece Hong Kong Hungary Iceland India Indonesia Ireland Israel Italy Jamaica Japan Jordan Korea, Republic of Lao PDR Lebanon Liechtenstein Malaysia Malta Mauritius Mexico Morocco Netherlands New Zealand Nigeria Norway Pakistan Panama Philippines Poland Portugal Romania Russian Federation Saudi Arabia Scotland Serbia & Montenegro Singapore Slovakia Slovenia South Africa Spain Sri Lanka Sweden Switzerland Taiwan Thailand Timor-Leste Trinidad & Tobago Turkey Ukraine United Arab Emirates United Kingdom United States United States MO Islands Viet Nam State / Province Select Country First City / Town Select State First | Latest Property News Supermarkets the next apartment boom?
PK property - Sydney Buyers Agents - Property Investment FOR IMMEDIATE RELEASE
PRLog (Press Release) –
Apr 04, 2008 – The hundreds of single storey supermarkets that are dotted throughout Australia's suburbs with large car parks could become the next target for Australia's apartment developments, building advisory service Archicentre predicted this week.
Archicentre spokesman David Hallett said the release of a Draft Structure Plan for Kew Junction in Victoria which proposes comprehensive redevelopment of a supermarket including residential use at the upper storeys, could be a national trendsetter. Mr Hallett said that while every site will have a different environment, common features of supermarkets include single storey construction, large areas of car parks which could be built over and locations in high activity areas with access to public transport. "Apartments being built over supermarkets and other retail premises would also inject a financial boost to the commercial areas surrounding the supermarket and retail premises." Mr Hallett said that the shortage of land in suburbs close to cites in transport corridors, the high cost of land and an ageing population wanting to scale down the size of their homes, are all providing a catalyst for developers and planners to look at new ways of finding extra space within suburbs. "Another major example of this style of planning is taking place in the Camberwell strip shopping centre, in the eastern suburbs of Melbourne, where a new building featuring underground car parking, a supermarket, offices and a residential component on the upper storey levels, has now been under development for over eighteen months. "In the next decade we expect to see many strip shopping centres in suburban areas become combined with residential facilities in many areas between three to five storeys with set backs from the original facades." Mr Hallett said that the challenge for architects and town planning departments will be to blend the projects into the existing fabric of the neighbourhood precinct. Archicentre is experiencing an increase in the number of commercial property owners seeking advice as to whether or not their buildings could support other forms of development, such as apartments, to increase their yields and their income from their sites. # # # PK Property Search & Negotiators is a service-centric company. It's our job to save you time and effort, to eliminate stress and act as a buffer to the high emotions of property purchasing. We frequently act on behalf of high profile buyers because of our ability to provide full confidentiality through the entire transaction, and we also provide the much-needed service of bidding at auction on the buyer's behalf.
Email to a Friend Email to Author Visit Press Room Previous News Next News
Disclaimer: Issuers of the press releases are solely responsible for the content of their press releases. PRLog.Org can't be held liable for the contents of the press releases. Report Abuse | Search Jobs / Post Jobs New
Previous News Next News For Businesses ... | |||||||||||||||||||||||||||||||||||
| How to Write a Press Release| SiteMap| Contact PRLog| Privacy Policy| Terms of Use| Copyright Notice |