Newmark Jam Factory Property Trust
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Established: December 2015Size: NLA 20,864.9 m2 on 19,273 m2 of land (500 chapel only)Progress on the mixed-use redevelopment of the iconic Jam Factory in South Yarra has reached a major milestone with the issue of a Planning Permit for the development by Stonnington Council in May 2018. Representing one of the most unique commercial repositioning opportunities in Australia the Jam Factory will become a world-class office, entertainment, dining, retail and cultural district setting a new standard in sophisticated mixed-use development. The master plan includes significant retail and commercial space designed as a collection of individual and distinct office buildings connected by extensive public spaces. Currently, the entertainment-based centre is securely leased to ASX listed Village Group offices and cinema complex and has retail, dining and multi-level parking with 1079 car spaces and a car wash. |
