Lyric Lane Theatre in line for $30m redevelopment


The old Lyric Lane Theatre building and revamped laneway in Maylands could be in for a major redevelopment into a community hub with apartments, shops and eateries.

Australian Development Capital has submitted a development application to the City of Bayswater for its $30 million plans to build 52 apartments, commercial spaces, a green pocket park and a piazza.

Other proposed features include ground floor commercial tenancies, two levels of heritage-character style residences, four levels of contemporary apartments, a communal barbecue and dining area, outdoor lounge and seating, solar panels and waterwise fixtures.

The proposed redevelopment will front Eighth Avenue with the back facing Lyric Lane, which is home to bistro and music venue Lyric Lane, Rossonero Pizzeria and Seasonal Brewing Co.

Henry on Eighth owner Steve Lavell, ADC development manager Nick King, Lyric Lane co-owner Konrad de Rutyer, Seasonal Brewing Co co-owner Nick Southwell and Rossonero Pizzeria owner Fil Pakioufakis in Lyric Lane.
Camera IconHenry on Eighth owner Steve Lavell, ADC development manager Nick King, Lyric Lane co-owner Konrad de Rutyer, Seasonal Brewing Co co-owner Nick Southwell and Rossonero Pizzeria owner Fil Pakioufakis in Lyric Lane. Credit: Kristie Lim

The soon-to-be vacated BWS site will be occupied with a local operator by December and be relocated inside Lyric Lane once the development is completed.

As the landlord, ADC is in talks with Henry on Eighth, Milk’d and NTY Real Estate on Eighth Avenue on how they would be incorporated within the development.

ADC director Rod Hamersley said the project was a “game changer” for the area, and would set a benchmark for Maylands and the Eighth Avenue precinct.

“It’s fantastic for us to be able to work with a landmark site in Maylands, and give it a new lease on life,” he said.

“While decades of renovations and works have left very few significant internal heritage elements, the unique character and history of the former Lyric Theatre building is something we’ll be incorporating and celebrating with the redevelopment – and we’ve engaged heritage specialist Griffiths Architects to work with us on the project to ensure that is captured.”

Development manager Nick King said he was excited to leverage off the existing businesses’ success, bring more people to the area and create a destination for people to hang out, do business and live.

“We don’t see anything happening in the short-term, we don’t know if the market is quite there yet but we are looking at something at commencing in 2022,” he said.

An artist impression of the proposed Lyric Lane redevelopment.
Camera IconAn artist impression of the proposed Lyric Lane redevelopment. Credit: Klopper & Davis Architects

Businesses including Lyric Lane, Rossonero Pizzeria, Seasonal Brewing Co and Henry on Eighth welcomed the proposal as they believe it would bring more people and investment to Maylands and help decrease anti-social behaviour.

Henry on Eighth owner Steve Lavell said in 2017, he was worried Maylands was starting to stagnate but it later found an “upward curve”.

“It is critical that there is continued investment in the area as well because Maylands has been that in some ways, a flagship for the City of Bayswater for a while now,” he said.

“It is good to see that we now have outside investment coming in, some real effort put into the area.

“My only hope for Maylands is that it retains its authenticity as well, which I think with the right people involved it will.”

Lyric Lane co-owner Konrad de Ruyter said the redevelopment of the space was going to “liven up” the area.

Rossonero Pizzeria owner Fil Pakioufakis said when he visited Maylands when he was younger, it was “never the cleanest or safest” place but progressively it had become more “family orientated”.

“I think over the years, there has been a direction in putting Maylands as a destination and putting it on the map…this (redevelopment) solidifies it as it,” he said.

Henry on Eighth owner Steve Lavell, Rossonero Pizzeria owner Fil Pakioufakis, ADC development manager Kick King, Lyric Lane co-owner Konrad de Rutyer and Seasonal Brewing Co co-owner Nick Southwell in Lyric Lane.
Camera IconHenry on Eighth owner Steve Lavell, Rossonero Pizzeria owner Fil Pakioufakis, ADC development manager Kick King, Lyric Lane co-owner Konrad de Rutyer and Seasonal Brewing Co co-owner Nick Southwell in Lyric Lane. Credit: Kristie Lim

Seasonal Brewing Co owner Nick Southwell said the redevelopment would transform the aesthetics of the area and make it attractive for locals, “out-of-towners”, new businesses and developers.

“I have been living locally for six years…I remember it being a nice little community with a couple of spots that are really nice but now it has become my favourite place to go out,” he said.

There will be no change to the current vehicle movement down Lyric Lane.

The Wilson carpark next to BWS will be closed to make way for Lyric Theatre Residences, but new commercial and retail parking will be provided in the development in line with City of Bayswater planning requirements.

There will be a community information session held at Rossonero Pizzeria on November 23, from to 6pm at Rossonero Pizzeria in Lyric Lane.

An artist impression of the proposed Lyric Lane redevelopment.
Camera IconAn artist impression of the proposed Lyric Lane redevelopment. Credit: Klopper & Davis Architects

The proposal will also be up for public advertising on the Engage Bayswater website this month.

It will then be considered by the council in early 2021.

If approved, relocation of some tenants, demolition of existing buildings and retention of heritage elements and construction are expected to start in mid-2022.

Visit lyricresidences.com.au



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Nine’s $30m TV gamble, broadcast rights, Bledisloe


Channel 9 is weighing up whether to spend $30 million for the broadcast rights to Australian rugby games as the code remains in limbo when it comes to settling on a new TV deal.

The Sydney Morning Herald reports Nine Entertainment Co is in “advanced talks” with Rugby Australia (RA) about coming to terms on a deal that would see the sport Down Under broadcast on free-to-air TV as well as on streaming service Stan.

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The Australian first reported last month Nine had emerged as a candidate to save rugby as the code struggled to find a TV partner to generate desperately-needed revenue.

At the time, it was reported Nine had not made a formal offer or publicly expressed a strong desire to establish a relationship with rugby. In August, Nine CEO Hugh Marks said investing in rugby was “not a big priority” for the network — which already broadcasts rugby league and the Australian Open tennis — and added: “We are getting a long more bang for our buck out of content that is either news and current affairs … or entertainment.”

But the network appears to have changed its mind as it ponders swooping in to win the TV rights after all.

Last month Channel 10 — the long-time free-to-air rugby broadcaster — put in a bid to show Wallabies matches but wanted a discount from RA. It reportedly offered less than its current deal of $3.5 million a year to show Wallabies Tests.

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Foxtel is also keen to extend its 20-year relationship with rugby, reportedly submitting a bid of between $30m and $40m a year to televise Wallabies games, Super Rugby and the National Rugby Championship.

The offer came after Foxtel threatened to walk away from the negotiating table altogether as talks with RA broke down late last year.

Like Foxtel, Nine’s proposal would include the rights to broadcast Wallabies matches, Super Rugby and the National Rugby Championship. Although financially its bid isn’t as lucrative as Foxtel’s, The Herald reports RA approached Nine to gauge its interest in televising the sport, and is keen on working with the network because it would allow more Australians to consume its product via free-to-air TV, rather than on pay TV with Foxtel.

The length of any deal RA strikes is reportedly set to last for less than five years.

Former RA CEO Raelene Castle stood down in April under immense pressure as she failed to strike a TV deal before COVID-19 turned everything on its head.

She was confident of coming to terms with Optus, having shunned an earlier offer from Foxtel because she believed she could get more money elsewhere. But the global pandemic meant her dream deal never eventuated and the code faced financial ruin.



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Vaucluse mansion of Alex Ma house sells again for $30m+


As the pandemic news improves, the big property sales keep coming — the latest being the Vaucluse home of businessman Alex Ma which has fetched for more than $30m.

The seven-bedroom, eight-bathroom Hermitage Estate home at 20A Vaucluse Road — which Ma bought for $26.5 million in 2017 — was first listed last February after Ma, 30, had snapped up two waterfront homes on Carrara Rd for $56 million in late 2018.

Agents Peter Leipnik and Alex George of BadgerFox, had declared the house sold last March, but the Australian-based buyer couldn’t complete and the deal fell over.

But now it’s done. The home, on a 1500sq m block — with cinema, heated pool, lift, gym and sauna plus parking for 12 cars — has sold for more than the $30m price guide.

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Art dealer’s COVID-19 spending spree

They’d relisted it in July this year with the same guide with a planned August auction that never eventuated, but an Instagram post today indicated they’d found a buyer.

COVID-19 has certainly been no obstacle to big results.

Despite passing in on a vendor bid of $16.5m at auction the previous weekend, the stunning 14 Mirimar Avenue Bronte home with ocean views of cancer specialist GenesisCare founder Dan Collins and wife Cassandra had sold by last Friday for $16m via PPD Real Estate principal Alexander Phillips.

And Phillips himself isn’t afraid to be spending up big during a pandemic.

Less than 24 hours after the Bronte sale, Phillips bought a rundown two-bedroom semi at 10 Coolong Road, Vaucluse for $5.5m, $2m above reserve.

Michael Pallier, the Sotheby’s principal, had nine registered bidders including Jackie O’s ex, Lee Henderson (who didn’t get an actual bid in).

Asked why he wanted it so much, Phillips told Insider it was a solid long-term investment. “Coolong Road is the best street in Australia — you will never go wrong!”

He and wife Bridget are yet to move into the five bedroom mansion further up the street that they bought for $11.1m in 2018, also via Sotheby’s.

Phillips’s Bronte sale was last week’s top sale in the eastern suburbs, and his purchase of 10 Coolong Road the top auction result.

Second top was 3 John Dykes Avenue, Vaucluse, at $4.9m (the reserve), home of Roger Mendes, of Roger R. Mendes & Co Real Estate in Darlinghurst in the ‘70s via McGrath’s Imran Hamidi.

The recent sales successes — which of course also included the recent $95m sale of the Wolseley Road, Point Piper home of Katies co-founders Joseph Brender and the late Sam Moss by Sotheby’s Michael Pallier — is encouraging double-digit listings.

Gail and Michael Zammit have $40m+ hopes for their three-level renovated residence at 152 Wolseley Road via LJ Hooker Double Bay’s Bill Malouf.

Malouf also has the 18 Martin Road, Centennial Park mansion of hoteliers Sandy and Angelo Elliott with hopes of exceeding the $13m offer they’ve received in the past.

That six-bedroom, eight-bathroom home has a range of features including a solar-heated plunge pool with waterfall, a Gone with the Wind-style staircase; a 20-seat dining room and a 14-car garage.

Other just-happened sales have included art dealer Jenny Hillman has also sold her Bellevue Hill home for about $9m, which was the guide, ahead of its scheduled auction with Michael Pallier of Sotheby’s.

The five-bedroom home at 9 Cranbrook Lane had one of the best harbour views in the suburb. Now she has to offload her extensive art collection ahead of her downsize to two semis she bought for $10.5m in April.

Pallier had a great week of sales last week, with colleague Daphne Sauvage, selling the Art Deco apartment at 1&2/4 Gladswood Gardens, Double Bay owned by Geoff Kyle, who ran the popular Double Bay high-end tableware store Studio Haus, for just over the $3m guide. And Pallier picked up the Kilmory Estate Wentworth Street Point Piper three-bed unit of former QBE chief Pat Regan which has a $6.5m-$7m guide.



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Coronavirus live news: global cases near 30m as India’s death toll passes 80,000 | World news


Wu Guizhen, head of biosafety at the Chinese Center for Disease Control and Prevention, said she expected Chinese vaccines for Covid-19 would soon be available to the public as soon as November or December.

Speaking to state broadcaster CCTV, Wu said: “It will be very soon. The progress is currently very smooth.”

China, the world’s largest producer of vaccines, accounts for nine of the 30 vaccines currently undergoing human trials. Last week, the University of Hong Kong, working with mainland Chinese researchers, said a nasal spray vaccine was entering clinical trials.

Thousands of Chinese residents have been given experimental vaccines made by Chinese companies, including China National Biotec Group, a subsidiary of the state-owned Sinopharm, and Sinovac Biotech. In June, authorities approved using an experimental vaccine on those in the military and in July, medical workers and others in “high risk jobs” have been given vaccines.

As the global vaccine race heats up, China has promised to give its partners access to its treatment, prompting worries over vaccines being used as a diplomatic or political tool.

At home, health experts have said that not everyone will need to be vaccinated. Over the weekend, Gao Fu, director of China’s CDC said medical workers, Chinese nationals in overseas virus hotspots, and others would be prioritised.

Gao, along with Wu have both been given experimental vaccines. Wu, speaking on CCTV, said she took one in April. “In the past few months I have felt very good. There’s been no change. And when I received the vaccine there was no local pain,” she said.



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CFL’s $30M federal government loan request denied: reports


The CFL’s board of governors will meet Monday to determine the fate of the 2020 season after the league was unable to secure financial assistance from the federal government.

The CFL presented Ottawa with a $30-million, interest-free loan request Aug. 3 to stage an abbreviated 2020 season during the COVID-19 pandemic. But two sources familiar with the situation said Sunday night the plan fell through when the assistance couldn’t be provided to the league under the terms it sought.

The sources were granted anonymity because neither the CFL nor the federal government had divulged details of the loan request. CBC Sports contacted a league source but was unable to confirm the reports.

It wasn’t the first time the CFL had been unable to reach a deal for government assistance. Last month, the league ruled out a loan from the Business Development Bank of Canada because it felt the interest rate was too high.

The $30-million, interest-free loan request was essentially seen as the league’s last-ditch effort to secure government support for an abbreviated 2020 season

The CFL’s board of governors will meet Monday to determine its next course of action. However, it’s hard to see the league going ahead with a shortened season given the time of year and it stating repeatedly that government assistance was needed in order to stage an abbreviated campaign.

Earlier, a CFL source had told The Canadian Press that even with an abbreviated season the league would lose upwards of $50 million compared to between $60 and $80 million with no football at all.

The CFL sent Ottawa its $30-million loan request Aug. 3. It was a reduction from the $44-million amended requisition it presented last month.

The CFL first approached the federal government in April for up to $150 million in assistance due to the pandemic.

Until Friday, the CFL’s loan request rested firmly in the hands of the Public Health Agency of Canada, which had been in talks with the league and Manitoba health officials regarding the CFL’s return-to-play safety plans. The league had previously chosen Winnipeg as a tentative hub city for a shortened season.

On Friday, Dr. Howard Njoo, Canada’s deputy chief public health officer, reiterated he was encouraged about the CFL’s health-and-safety protocols. However, he couldn’t say when approval of the plan might come.

That painted a rather bleak picture for the CFL as a continued delay further diminishes chances for a season to be played.

Players would need to fulfil quarantine requirements and make their way to Winnipeg for training camps before a six-game season could begin. With a three-week playoff, the league is running out of time if it hopes to finish a season by early December.

Additional hurdle

A lack of government money isn’t the only hurdle the league faces. It also has to reach an agreement with the CFL Players’ Association on an amended collective bargaining agreement, something that hasn’t happened yet.

The CFL regular season was supposed to kick off June 11. But many provincial governments had stated there would be no sports with large crowds over the summer due to the novel coronavirus outbreak.

That struck a serious blow to the CFL, a gate-driven league that relies heavily on ticket sales to operate.

Commissioner Randy Ambrosie had stated the earliest an abbreviated season could begin was September but added a reduced campaign remained a possibility.





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Why Bring Foreign Workers to U.S. When 30M Are Jobless?



United States Senate candidate Jeff Sessions says there is no shortage of American labor, calling out lawmakers and their “corporate friends” for supporting a continued flow of foreign workers to the U.S. to take jobs in the midst of mass unemployment.

In an exclusive interview with Alexander Marlow on SiriusXM Patriot’s Breitbart News Daily, Sessions said it is critical that lawmakers defend the interests of unemployed Americans who have been laid off due to forced business closures spurred by the Chinese coronavirus crisis.

LISTEN:

“We have 30 million unemployed … We don’t have jobs in the United States,” Sessions said. “There are no jobs now. We’ll lay off more people this week then we did last week.”

“Why would we bring in foreign workers to take jobs when we don’t have jobs for the American people,” Sessions asked. “What theory is it that they’re operating under when they try to justify such a policy position? It’s certainly not in the interest of the American people. It’s in the interest of their corporate friends and some ideology that they adhere to … so I do think that it’s time for this Congress to deliver on its promises that the president made in the campaign.”

Sessions said more Republican lawmakers must be stepping up to the plate to take on China, holding the communist regime accountable for wrecking the U.S. economy. A select committee in the House and Senate, Sessions said, ought to be formed to determine the truth behind China’s role in spreading the coronavirus to the world.

“Where are the rest of the Republicans? Where are they? I mean this is a big issue,” Sessions said. “This party owes it to the American people to defend our interests — American interests. And I don’t think there’s been near enough action.”

“I would think the first thing we need to do is to rally the people who understand the significance of this and have what I call for, is a select committee to study this pandemic and how it started,” Sessions continued. “We did that after the attack on Pearl Harbor … where House and Senate appoint select members of congress … and the charge is what did China know and what did they do, when did they act on it or not, and did they lie about it? The world needs to know.”

As Breitbart has reported, existing U.S. legal immigration law greatly benefits China. Visa programs such as the EB-5 visa for wealthy foreign investors, the F-1 student visa, and J-1 visas allow about 180,000 Chinese nationals to enter the country every year in addition to the 60,000 to 70,000 Chinese nationals who secure green cards annually.

There are nearly 500,000 Chinese students in the U.S. in any given year — more than any other nation — taking seats in university classrooms and looking to eventually obtain Optional Practical Training (OPT) authorization to take entry-level jobs in white-collar professions.

John Binder is a reporter for Breitbart News. Follow him on Twitter at @JxhnBinder.





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