Saville Australia was a privately owned property developer in Australia. It held a variety of residential apartment projects.
With origins dating back over 15 years, Saville Australia undertook development projects in Western Australia.[1] In 2009 Saville went into receivership and Saville Australia Pty Ltd was deregistered in 2011.[2]
Saville Australia's portfolio was valued at more than $1.7 billion and included the $1.2 billion Capital Square development, which planned to redevelop the historic former Emu Brewery site in the Perth CBD into a residential and commercial precinct housing over 500 residents and 60,000m2 of office space.[2] The development did not go ahead as Saville Australia went into receivership[3] and the site was bought by AAIG Pty Ltd in 2010[4] whose redevelopment of the site was completed in 2017.[5]
Saville Australia's portfolio also included Waikiki Blue on the Safety Bay foreshore,[2] Saffron and Altus Luxury Apartments in Perth's CBD[3] and Palazzo Mindarie in Mindarie.[6] The Saffron Apartment tower was completed, but the Waikiki Blue, Altus and Mindarie developments were not built before the company went into receivership.[3]
In 2006 Saville attracted criticism from Australian Prime Minister John Howard for banning tourists taking photos in the vicinity of the popular Southgate precinct in Southbank, Victoria.[7]
In 2007 Saville became the principal sponsor of the Perth Wildcats, a professional basketball team playing in the Australian National Basketball League.[8] It withdrew its sponsorship of the team in 2009.[9]
References
edit- ^ "Saville Australia". 19 July 2008. Archived from the original on 19 July 2008. Retrieved 15 May 2024.
- ^ a b c "Saville Australia". Business News. Retrieved 15 May 2024.
- ^ a b c "Receiver appointed to Saville associate". Australian Financial Review. 12 March 2009. Retrieved 15 May 2024.
- ^ "Emu Brewery (1938-1992)". Museum of Perth. Retrieved 15 May 2024.
- ^ "Capital Square". COX. Retrieved 15 May 2024.
- ^ "Edge's plans to revive troubled Mindarie site". Business News. 30 March 2022. Retrieved 15 May 2024.
- ^ "Photo ban at Southgate 'over the top'". Australian Broadcasting Corporation. 25 July 2006. Retrieved 25 July 2008.[dead link]
- ^ "New sponsor ensures 'Cats survive". Fox Sports. 29 May 2007. Retrieved 1 March 2009.
- ^ "Wildcats need $1m or the NBL is dead". The West Australian. 12 August 2009. Retrieved 15 May 2024.
External links
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