Commercial Retail High Quality Residential
CAULFIELD, VIC 3162
BPG CAULFIELD VILLAGE PTY LTD
WHAT WE DID
- 01 CREATE
- 02 DEFINE
- 03 PROCURE
- 04 DELIVER
Reshape Development led and managed a competitive bid for development rights to the land on behalf of BPG Caulfield Village, a joint venture between the Beck Property Group and Probuild. The local consortium fought off strong competition from other national property players to secure the rights.
HOW WE RESHAPED THE VISION
The planning framework for the site proposes a mixed use development over three precincts. The project masterplan delivers a diverse offering of residential living, specialty retail, a supermarket, and commercial space within a walkable village with access to nearby public transport and road/freeway connections.
FOR THIS PROJECT
- A tested development proposition was necessary to inform the bid: We drove the design concept, managed production of all necessary collateral during the bid process, and completed financial testing, commercial negotiations and financial close.
- The planning overlay demanded a sophisticated urban renewal response: We took the time to develop an understanding of the successful aspects of the existing neighbourhood before commencing significant renewal concept work.
- External conditions were subject to constant change: We continually tested the staging strategy, the financial feasibility and yield proposition at macro and micro level in order to optimise the development outcome as the project evolved, and provided clearly thought-out recommendations for consortium consideration and approval.