Habitat Development Group Secures New Maroochydore CBD Approval

Following on from the success of their $83 million Market Lane project in the new Maroochydore CBD, Habitat Development Group have secured development approval for their second project in the precinct.

Habitat Development Group director Cleighton Clark said The Corso Residences will be a $94 million project comprising a mix of 1, 2 and 3-bedroom apartments over 15-storeys.

“Tower One includes 116 apartments over 15-storeys and five penthouse units on the top floor while the second tower offers 42 apartments over 8-storeys, as well as 715sq m of retail space on the ground floor.

“Residents on the north side will look towards Maroochy River and Picnic Point and north-east to the ocean while residents on the south will look over Sunshine Coast Parade and the Corso which was completed earlier this year.

“The project also includes a large resort pool on the ground floor as well as a huge 600sq m communal rooftop terrace on level four which connects the two towers. There is also a 130sq m dining room adjoining the rooftop terrace for the exclusive use of residents,” Clark said.

Clark said Market Lane’s recent sales success gave him the confidence the project would sell out in the first quarter of 2021.

“The recent sales rates at Market Lane have been very healthy and we expect to be sold out by March—12 months ahead of completion.

“The timing for the sales launch of the Corso Residences is scheduled for the second quarter of 2021 and we expect strong enquiry from those that may have missed out on our first project,” Clark said.

Residents will be within walking distance to the weekly StrEATside markets at The MET as well as renowned local chef Tony Kelly’s bustling new eateries Market Bistro and Giddy Geisha which have both recently opened in the Foundation Place building on Lightning Lane.

All apartments and retail outlets will be connected to the new innovative automated waste collection system and will also have access to the fastest data connection on the eastern seaboard via the international broadband cable which are both key features of the new Maroochydore CBD.

The project has been designed by Sunshine Coast-based K Architecture. Place Group have undertaken the landscape design.

Click here for more information on the Corso Residences.

Read the full article here

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