Plans Lodged The Prince Apartments Along Kingston Foreshore In Canberra

13/09/2014 3:41 pm

The Prince CanberraDevelopment plans have been lodged for a Kingston Foreshore apartment complex that will be influenced by Canberra buildings of the 1920s and '30s.

The Prince, a 161-apartment complex, will be built on one of the last remaining waterfront sites in the foreshore, on the peninsula. Developers Crafted bought the block of land earlier this year for $10.1 million.

Crafted director Matt James said the company aimed to deliver a classically influenced building with timeless design elements together with contemporary features.

"We're really trying to create a building that pays homage to the beautiful early architecture of Canberra but also with all the things you'd expect in a modern apartment building," he said.

The Prince will feature a predominantly brick facade with four different colours including "Capital Red", which is modelled on those once made at the Yarralumla Brickworks.

The Prince has been designed by internationally renowned architects Architectus and multi-award winning Melbourne interior design practice Hecker Guthrie. Construction is expected to begin mid-2015 with completion anticipated for late 2016.

Five blocks of land at the newest development site at the Kingston Foreshore, the peninsula, have been auctioned this year by the Land Development Agency. Three of the blocks, including the 4800-square-metre site for The Prince, sold for a combined $22.2 million. The other two blocks sold for $14.3 million in June.

It was the last land to be released at the Kingston Foreshore for several years. Further land release at the site will require the decommissioning and removal of the Causeway switching station.