Freo's View

KINGS SQUARE AHEAD OF SCHEDULE

 

painting

 

Another minimalist photo of the work that is going on at the Queensgate carpark in Fremantle’s Henderson Street, as part of the Kings Square Redevelopment Project by Sirona Capital.

The carpark is due to re-open well before the Christmas shopping starts, so only a few months from now.

The replacement for the Queensgate building at Newman Court now has a ground floor roof and first storey floor, and I was told this morning that the builders are ahead of schedule, so that is great.

Roel Loopers

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FREO KINGS SQUARE DEMOLITION UPDATE

Posted in city of fremantle, development, local government, sirona capital, Uncategorized by freoview on April 9, 2018

 

Myer 1

Myer 2

 

The Queen Street facade of the former MYER buildings is now also crumbling down to make way for the facelift of the building and the addition of two floors.

The Queensgate building demolition is nearing the half way mark, so exciting times ahead for Fremantle and the redevelopment of Kings Square.

Roel Loopers

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LATEST FROM SIRONA CAPITAL

Posted in city of fremantle, development, kings square, sirona capital, Uncategorized by freoview on February 8, 2018

I just received this media release from Sirona Capital so just want to keep everyone in the loop:

8 February 2018

Comment from Sirona Capital Managing Director Matthew McNeilly Re: Cooper and Oxley

Sirona Capital is being drawn into Cooper and Oxley’s current financial issues when it is widely known throughout the industry that their problems are associated with the construction of a new office/retail/hotel project, Subi XO, located at 500 Hay Street, Subiaco.

There are substantial inaccuracies and rewriting of history in Cooper and Oxley’s writ which will be detailed in our defence if this legal action proceeds.

Cooper and Oxley is a unit holder in the Kings Square Fremantle redevelopment, an investment position they took in 2011, and which represents less than three per cent of the overall $220m cost of the project.

This investment cannot be construed to be a loan. Cooper and Oxley is a sophisticated wholesale investor and are aware that real estate equity investments of this type can be, at times, illiquid.

Cooper and Oxley’s involvement in the Kings Square, Fremantle project is limited to their investment in the Trust. They were among several firms who tendered for the construction contract for Kings Square Fremantle. Their tender was unsuccessful. Tenders were assessed on several criteria including price, expertise, capability and financial stability.

After being approached by Cooper and Oxley, Sirona Capital has been assisting Cooper and Oxley’s investment by selling their units in the investment trust. This legal action may undermine the ability to achieve that outcome. To be clear, Cooper and Oxley have always had the ability to do this themselves at any time.

The decision by Cooper and Oxley to pursue a legal remedy and the claims it is making in relation to Sirona’s management of the investment fund will be defended vigorously.

The Kings Square Fremantle redevelopment is now underway. Since signing a 15-year lease with the State Government in late 2016, the pace of work has recently escalated to deliver the commercial component within the Government’s timeframes. Probuild has mobilised on site and significant work has already been undertaken to prepare the former Myer building and the Queensgate building for demolition works, which have begun.

 

FREMANTLE’S KINGS SQUARE PROJECT NOT AFFECTED BY BUILDERS’ PROBLEMS

Posted in city of fremantle, development, kings square, sirona capital, Uncategorized by freoview on February 7, 2018

 

Channel Nine TV news reported this evening at 6pm that embattled WA builder Cooper&Oxley claim to have a $ 5 million investment in the Fremantle Kings Square Project and that they had requested payment since March 2016, so of course we all want to know what the facts are.

I asked Sirona Capital‘s managing director Matthew McNeilly for a comment and here it is, received just two minutes ago:

It is clear for all to see that the Kings Square, Fremantle redevelopment is now underway. Since signing a 15-year lease with the State Government in late 2016, the pace of work has escalated recently to deliver the commercial component within the government’s timeframes.

Probuild and Delta have mobilised on site and significant work has already been undertaken to prepare the former Myer building and the Queensgate building for demolition works, which have now begun. There has also been an extremely positive response to Sirona’s concept for the retail component of the redevelopment, FOMO.

Cooper and Oxley is a unit holder in the Kings Square Fremantle redevelopment, an investment position they took in 2011, and which represents less than 3% of the overall $220m cost of the project.

Cooper and Oxley is a sophisticated investor and are aware that real estate equity investments of this type can be, at times, illiquid.

Cooper and Oxley’s involvement in Kings Square Fremantle is limited to this investment. They were among several firms who tendered for the construction contract for Kings Square, Fremantle. Their tender was unsuccessful.

After being approached by Cooper and Oxley, Sirona Capital has been attempting to release Cooper and Oxley’s investment by selling their units in the investment trust. We hope to finalise that process by the end of the month.

Matthew McNeilly. Managing Director. Sirona Capital

Roel Loopers

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SHOP CLOSURE OPPORTUNITY FOR KINGS SQUARE PROMOTION

Posted in city of fremantle, kings square, sirona capital, Uncategorized by freoview on October 14, 2017

 

The Daily. Kings square

 

It is disappointing that Best&Less in Fremantle’s William Street have closed, but it creates a very good opportunity to promote the Kings Square Project and exciting FOMO retail concept there.

The location of the shop and the huge windows are ideal for an imposing large display of the virtues of the Kings Square Project.

It is highly unlikely the shop can be leased during the KS construction period, so maybe Sirona Capital and the City of Fremantle can come to an arrangement with the property owners to use the big windows to show artist’s impressions of the new buildings and FOMO retail concept.

That should not just be static images, but also large plasma screens with pictures and promotions for nearby businesses which are impacted by the project.

Another screen could live-stream the construction progress from already installed cameras, so that the public is constantly up to date on what is happening at Fremantle’s largest ever development project.

 

Roel Loopers

Vote Roel for City Ward!

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POSITIVE FUTURE FOR FREMANTLE

Posted in city of fremantle, development, kings square, sirona capital, Uncategorized by freoview on September 1, 2017

 

AA

 

The ceremonial start of the Fremantle Kings Square Project development by Sirona Capital was held this Friday morning, with WA Treasurer Ben Wyatt, Housing Minister Peter Tinley, Fremantle Mayor Brad Pettitt and Sirona Managing Director Matthew McNeilly.

The electronic and print media also turned up en-masse, and Minister for Women Simone McGurk, Federal MP Josh Wilson, CEO of the Chamber of Commerce Olwyn Williams, attended, as did many Freo councillors and staff.

A special mention should go to former City of Fremantle CEO Graeme McKenzie, who did a lot of the hard work and preparations for this game-changing project. Nice to see him present!

The $ 270 millions project will deliver 25,800sqm of new commercial office and retail space, plus a new civic centre for the City. This is the largest infrastructure project in Fremantle’s history!

More than 1,00 fulltime workers will be working in the construction of the project.

Once completed Kings Square will have more than 2,000 people working there, which represents a 13% boost in the number of workers in the Fremantle CBD.

Sirona’s Matthew McNeilly said the development was an indication of Fremantle Council’s courage and desire to revitalise the city.

I am personally delighted that this huge project is finally under way, after so many years of waiting and hoping.

Those who believe that this project will not have a massive positive impact on Fremantle should stay in bed and contemplate their miserable negative existence. : >)

Roel Loopers

A-MAZE-ING KINGS SQUARE

Posted in city of fremantle, kings square, sirona capital, Uncategorized by freoview on August 30, 2017

 

 

Fremantle’s Kings Square is a maze of fences after contractors for Sirona Capital put fences around the Queensgate and Myer building.

The start of the biggest development project in Fremantle ever is only weeks away, with the demolition of the Queensgate building toward the end of September.

The new retail and entertainment hub will provide a much-needed boost for our local traders and the city’s economy.

Officers of the City of Fremantle were out this morning to check locations for new wayfinding signs, so no one will get lost in the maze.

The present fences will be replaced with more visually creative and attractive permanent fences soon.

 

Roel Loopers

 

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FREO KINGS SQUARE PROJECT NEAR START

Posted in city of fremantle, kings square, sirona capital, Uncategorized by freoview on August 29, 2017

 

KS fences

 

Fences are being put up this week around the Fremantle Kings Square Project for the start of the demolition of the Queensgate building, and the renovations and new facades of the former Myer building and carpark by Sirona Capital.

The fences are temporary ones, until more visually attractive fences have been created.

The City of Fremantle administration building will be demolished in January next year.

This is such a game-changing project for our city that I am really excited about. It will massively activate Kings Square and the surrounding streets and will be a real boost to our retail and hospitality industries and the city’s economy.

Fremantle is experiencing a very welcome unprecedented development boom and investment in our city, as a result of our Council actively promoting and encouraging Freo as a pro development city.

Not all the building we are getting are outstanding though, so we need to be careful not to get cheap and cheerful boring concrete boxes.

We are well on the way to great progress and the modernisation of the Fremantle CBD, that has been stagnant and tired for decades.

Roel Loopers

 

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KINGS SQUARE DISPLAY AT TOWNHALL

Posted in city of fremantle, development, kings square, sirona capital, Uncategorized by freoview on August 23, 2017

 

 

Hello boys and girls, this is your uncle Roelie, the regular provider of fake Freo news, the new council spin doctor(sorry Jason and Paul!), and the election campaign manager for Bradman for the Entire Universe and Beyond, according to a Fakebook page.

Uncle Roelie went to the Fremantle Townhall to check out the displays about the Kings Square Project development. Not that he really needed it, because he has been involved in it from the very first start and community consultation.

Your old senile uncle, who can’t get his facts right, met the Sirona Capital managing director Matthew McNeilly at the first walk around the area to look at connectivity, sightlines, etc. and went to every Kings Square session after that, including the citizenship jury.

But unlike others, I believe it is not good to be ingnorant, and that one should be informed and have the facts before one makes comments, so hence my visit to the beautiful Townhall to see if I could update my knowledge.

Mayor Brad Pettitt and Sirona’s Matthew McNeilly were there, and I saw Councillor Jon Strachan and his partner Cathy Hall, and Beacy election candidate Fedele Camarda was also there, as was developer Bruce Moriarty.

A comment I read, claiming that this Council had not achieved much in the last eight years is not based on facts, yet again. Fremantle has got unprecedented development happening and in the pipeline, that we have not seen in the port city in forty years.

If the Barnett State Government had earlier committed to the Department of Housing moving to Fremantle, the Kings Square development could have been ready by now.

But boys and girls, it’s always easier to blame council rather than dealing with facts. As for Uncle Roelie, he’ll be at the Fremantle Council ordinary meeting tonight to make sure he knows what he’s talking about.

Good night boys and girls. Sleep well!

 

Roel Loopers

 

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FREMANTLE KINGS SQUARE WEBSITE LIVE

Posted in city of fremantle, kings square, sirona capital, Uncategorized by freoview on August 7, 2017

 

The Fremantle Kings Square Project website http://www.kingssquarefremantle.com is finally live, so check it out regularly to keep up to date with the development, and also keep an eye on their Facebook page.

This is part of the website page:

At the centre of Fremantle’s civic and commercial heart this once-in-a-generation project will transform the heart of WA’s favourite port city into a vibrant commercial and community hub in coming years – it’s the Kings Square Renewal Project…

It’s the largest public-private infrastructure project in Fremantle’s history. A precinct-wide renewal of the Freo city centre with project partners Sirona Capital and the City of Fremantle redeveloping the buildings and public spaces in Kings Square where you will be able to:

  • Eat and shop – with a retail and dining experience designed with Freo people in mind, unlike anything seen before in Australia
  • Work – new 5-star green star commercial spaces including office accommodation for more than 1,500 State Government employees relocating to Fremantle
  • Relax – a revamped city square complete with landscaped grassed area, shady trees, public art and new street furniture
  • Play – a major new children’s play space and baby change facilities
  • Learn and transact – state-of-the-art council customer service and community learning hub (which includes a new library)
  • Meet – new competition-winning City administration building with purpose-built indoor and outdoor community spaces and meeting rooms

The new Kings Square will also:

  • Boost the local economy –  more than 2,100 new local jobs and an estimated $358m injected into the local economy
  • Cater for everyone – designed for accessibility, the new buildings and public spaces will enable people of all ages and abilities to enjoy everything on offer in Kings Square 
  • Embrace technology – Free Wifi throughout the precinct with CCTV and enhanced lighting
  • Utilise ESD (Environmentally Sustainable Design) principles –  Energy efficient building design with the use of renewable energy and water saving technologies 
  • Be sensitive to local heritage – the buildings and public spaces  will fit with the unique character and history of Kings Square, enhancing the heritage values of the Fremantle Town Hall and church and becoming Freo’s future heritage

More workers, more activity during the working week, more people that may move to Fremantle to be closer to work in the city centre, more shops, more money for the local economy, more indirect jobs created, more community events, improved community safety and a better reputation for Fremantle. 

It’s a game-changer for Fremantle!

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