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.
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.
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.
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.
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.