Real Estate

grocon takes out top award at udia for build to rent offering

Written by The ReReport

BEST OF THE BEST: Parklands Project by Grocon won the President’s Award at the UDIA awards.

Build-to-rent communities are the way of the future, providing more people with close access to community amenity at an affordable price.
An early example of one such community is the development that housed more than 6000 athletes and officials at this year’s Gold Coast Commonwealth Games.

Parklands Project by Grocon won the President’s Award at the UDIA awards.

Grocon’s Parklands Project, took out the top gong at the 2018 UDIA Qld Mitchell Brandtman Awards for Excellence on Friday, November 2.
The development is earmarked to become one of Queensland’s first built-to-rent communities was not only crowned with the President’s Award, it also took home the Master Planned Development award.
UDIA Queensland state president Ian Murray said the project, now named Smith Collective, was selected from the pool of category winners as it was the “best of the best” and was the largest built-to-rent community soon to be available in the state.
“It’s a new emerging sector for the Australian development industry and this is one of the first earliest examples in Queensland,” Mr Murray said.


“It will be new for renters in Queensland and Australia, that they have the certainty of tenure in this build-to-rent sector that allows them to feel like the rental property is theirs and not quite so transient as current rental properties.”
He said the purpose for build-to-rent communities was to provide people with an opportunity to live close to where the work.
“People are going to concentrate it around areas where the demand is unable when people don’t have access to properties when they’re close to the fantastic amenity without paying top range acquisition prices.”
Mr Murray said the project stood out it several categories and was a good example of urban renewal, affordable housing and medium and high rise density development.

Inside the build-to-rent project on the Gold Coast.

“It’s got a really good example of retail and community delivery, which is what our industry is essentially about.”
Featuring 18 apartment towers, 82 two-storey townhouses and a 6280sq m retail hub, the Grocon and UBS Asset Management project is one of the city’s largest urban renewal projects and has already announced plans for new Woolworths and BWS stores.
UBS Asset Management executive director Michael Woodrow said international trends showed people were increasingly willing to forgo home ownership in favour of the quality of lifestyle and location offered by precincts such as Smith Collective.
“Our vision is to create a thriving community unlike anything the Gold Coast has seen,” Mr Woodrow said.


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“Research shows that while an increasing number of people want to live where they work, shop and play, they also yearn for the security of long-term leases and ability to add personal touches to their homes.
“By maintaining ownership of Smith Collective’s residential offering, we are able to grant those wishes and help our residents and retailers build a sense of community often lost within large-scale urban developments.

Inside the build-to-rent project on the Gold Coast.

“Smith Collective will be home to a collective of like-minded, everyday people, from academics, students and healthcare workers engaged in the neighbouring tertiary and hospital precincts to young professionals, families and downsizing retirees searching for an active lifestyle.”


President’s Award — Parklands Project, Grocon

CEO’s Award — Walton Stores, Aspect Architects & Project Managers

Residential Subdivision — North Harbour, North East Business Park

Master Planned Development — Parklands, Project Grocon

Affordable Housing — The Kurrajong Townhouses, Churches of Christ in Queensland

Lucent Gasworks by Cavcorp won the Urban Renewal category at the UDIA awards.

Urban Renewal — Lucent Gasworks, Cavcorp

Lakeside by Halcyon won the Seniors Living category at the UDIA awards.

Seniors Living — Halcyon Lakeside, Halcyon

Medium DensityDevelopment — Arc on Lima, Mosaic Property Group

Oxley + Stirling Residences by Aria Property Group won the High Density Development category at the UDIA awards.

High Density Development — Oxley + Stirling Residences, Aria Property Group

Minnipp by Urbex by Aria Property Group won the Environmental Excellence category at the UDIA awards.

Environmental Excellence — Minnippi, Urbex

Community Engagement Excellence — Plan your Brisbane, Brisbane City Council

Avalon by Mosaic Property Group won the Design Excellence category at the UDIA awards.

Design Excellence — Avalon by Mosaic, Mosaic Property Group

Affordable Small Scale Development — Baringa Urban Village, Stockland

Premium Small Scale Development — The Lakes Residences, Northern Peninsula, Sunland Group

Residential Care — Dovetree, Wesley Mission Queensland

Retail, Commercial, and Public Use — 900 Ann St, Consolidated Properties Group

Marketing Excellence — Drift by Mosaic, Mosaic Property Group

Consultants’ Excellence — Parklands, Cardno, Archipelago, Arkhefield, and ARM

Wildcard — Sustainability through Innovation and Scientific Solutions, Rock Trade Industries

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