Aug 2022
Mecone is proud to have assisted Highgate Management in securing approval of a purpose-built Co-living development located at 46-50 Latham Street, Chermside.
New to Brisbane, Co-Living is gaining traction globally, offering an alternative to the conventional rental product. A sub-market of the Build-to-rent sector, the micro-units within a co-living building are owned by a single commercial operator who manages the ongoing leasing and management of the building. Co-living provides affordability and flexibility, with a focus on community and shared spaces.
The site itself is highly distressed, with a constructed 3-storey basement from a previous approval over the site. The proposed purpose built co-living building has been designed to deliver a benchmark in sustainability. Emphasis has been placed on creating community by incorporating high quality shared spaces throughout the development with robust landscaping playing a pivotal role.
A driving force to the design outcome was Brisbane City Council’s Green Building Incentives Policy. The development seeks to achieve eligibility against several criteria, including 5-Star Green Star rating, Carbon Neutral certification, and Green Plot Ratio. The proposal is the first of its kind in this locality and sets an impressive benchmark for future development in Chermside and the broader city.
It has been a pleasure working with Highgate Management and a highly skilled team of consultants, including: