Central Element To Bring The Minerva Centre Stage

Plans will see the vacant Metro-Minerva building, last occupied as an office building, lovingly restored into a multi-use venue, incorporating a boutique hotel delivered to international standards, and performance spaces, for which the building is renowned.

The building was registered on the State Heritage Register in early December 2020 as a rare example of an Inter-war Functionalist style theatre. Its heritage significance was one of the key attractions to us acquiring the site, and we have appointed TZG Architects, with Tim Greer as the architectural lead to oversee the  sensitive restoration.

The DA adopts a fresh, exciting, and respectful approach that will see the art deco features retained and conserved, including the original horsehair ceiling and proscenium arch. The interiors of the public spaces will incorporate interpretive experiences of the building and its history.  The restoration of the main auditorium will allow for a flexible arrangement of hospitality offerings, mixed with innovative and cultural experiences from live music and cabaret, to conferences and fringe performances.

In addition to the main auditorium, a café and other entertainment spaces are being provided, which will create a new chapter in the Metro-Minerva’s colourful history. We will also be partnering with an upscale luxury international hotel, food and beverage and entertainment operator, to assist in attracting domestic and overseas visitors to the area – stay tuned to find out who!

With the total development investment over $50M, we are dedicated to maximising the creative and performance use of the building in line with community demand for more live performance and cultural venues in Sydney. Once completed, the development will be a key contributor to the revitalisation of the night-time scene in Kings Cross and will be pivotal to the Sydney 24 Hour Economy Strategy.

The hotel alone will bring over 30,000 visitors to the area per year and an Economic Impact Assessment by Urbis concludes the new Minerva will bring an additional $2M+ in retail spending to the local area and its businesses each year, and deliver over 100 full time jobs once open.

The Minerva will be reopened for public usage on completion of the refurbishment, which is scheduled for 2024, pending DA approval.

You can find out more on the development at www.theminerva.com.au.

We were also recently in the Sydney Morning Herald with the news – read the article here.

Central Element partner with MaxCap Group on Chatswood development

Together we will deliver the 16-level project at 15 Ellis Street, Chatswood located in the tightly held North Shore market of Sydney. Upon completion – expected in early 2024 – the exciting project will include 55 luxury apartments, a retail/wellness hub, a communal sky terrace and sustainable sky garden, and offer uninterrupted views of the Sydney CBD and the Blue Mountains.

We have been working collaboratively with the State Government and Willoughby City Council on a competitive Design Excellence process to arrive at an optimal design for the target market, with the chosen architect to be announced shortly.

MaxCap Group is one of Australia’s leading CRE debt and equity investment managers and is an established investment manager for domestic and global institutions with current Funds Under Management and Advice of circa A$4.0bn, having invested more than $10.0bn across more than 400 loans since inception in 2007.

Simon Hulett, Head of Direct Investment at MaxCap recently commented on partnering with Central Element;

“Central Element have an outstanding track record that demonstrates their understanding of their target occupants. Chatswood will be no different. The project is underpinned by the site’s premier location on the southern side of the Chatswood CBD. It’s without doubt the best site in Chatswood – combining unencumbered views back to the Sydney CBD with a major transport interchange, expansive shopping precinct and abundant amenity all within walking distance.”

We were lucky enough to be recently featured in The Australian Financial Review for the announcement. You can read the story here.

Every Building Tells a Story

And it doesn’t take an iconic building to tell a great tale. Some buildings tell us stories of the locals that have lived there for decades, of the evolving cultural times or the transformation of a city.

We take the time to understand a building’s unique past and artfully add to its charm.

Did you know these stories behind our key developments?

  • Before The West Olympia Theatre became one of the longest running cinemas in Sydney, it originally operated as Sydney’s largest brewery in the 1880’s.
  • The art deco façade that will make up The Anden in Coogee, is a key feature of the Coogee Art Deco Walking Tour and once completed will be even further admired for its contemporary facelift.
  • Legendary architect Bruce Dellit designed The Anzac Memorial opposite our Hyde Park development as well as the heritage listed buildings of The Malton development. It’s fate!

Construction Commences In Paddington

Work has started to breathe new life into Paddington’s landmark West Olympia Theatre. We have appointed Richard Crookes Constructions to manage the building works, as it transforms into Sydney’s first ‘25hours Hotel.’

Regarded as one of the leading accommodation and heritage contractors in NSW, with an in-depth understanding of complex constructions including Loftus Lane and the Walsh Bay Arts and Cultural Precinct, Richard Crookes Constructions will carry out the sensitive rebuild of the heritage-listed site on Oxford Street.

They will work closely alongside award-winning Australian architecture firm Tonkin Zulaikha Greer, as well as two interior design companies A Work of Substance from Hong Kong, handling the design of the rooms, public areas and events spaces and Sydney-based interior designers Acme & Co designing the rooftop bar, restaurant and café offerings.

Did you know that before the building become one of the longest running cinemas in Sydney, it originally operated as Sydney’s largest brewery in the 1880’s? In 1911 it was repurposed as a theatre and throughout the decades changed hands and name whilst playing host to motion pictures as well as musical and dramatic entertainment.

Scheduled for completion in summer 2022, the hotel will encompass 107 guestrooms and a spectacular rooftop bar, central courtyard, restaurants, cafe, state of the art fitness centre and extensive conference and live music facilities.

The Anden Coogee – SOLD OUT!

Despite the sales launch of the complex commencing the week prior to the Covid lockdown in Sydney, the 15-unit complex is now sold out. Great work and congratulations to CBRE Residential – Australia! Thank you to all our partners MHN Design Union, Dangar Barin Smith and Lawless & Meyerson.

You can read about the news in The Australian here.

Confirmed Architect for Waters Road, Neutral Bay

We are fortunate to be partnering with SJB Architects on our latest residential development in Neutral Bay. The team are as passionate as us on synergising sustainability into designs and delivering design solutions that reflect the places they are located and the needs of people whom they serve.

You can read more about their work here.

Chatswood Gateway Determination

This mixed-use, 17 storey tower located within the Chatswood CBD will provide a bespoke level of quality and customisation, promote biophilic design and embrace the unrivalled amenity of the lower North Shore. The development will comprise of 55 premium residences and over 1,000sqm of commercial/retail space with immediate access to public transport, schools, other amenities and will seek to redefine the standards of design excellence.

Paddington Hotel Operator Announcement

25hours is a unique concept which provides a service with great charm and personality, focusing on creating soulful spaces and memories. 25hours has a passion for developing and running hotels across some of Europe’s largest cities with attention to detail and a sense of humour. Our development will be home to the first 25hours hotel in Australia. We are excited to partner with Accor, a world-leading hospitality group offering 5,100 hotels across 110 countries.

Read about 25hours Hotels by Accor and how our Paddington development in a joint venture with Boston Global will revitalise Oxford Street:


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