Nambour CBD corner being cleared for 162-unit development
Thalia will stand on the corner of Currie and Bury Streets Nambour.
Demolition is underway on the corner of Currie and Bury streets, Nambour, opposite the library, clearing the way for 162 one-bedroom apartments in the town centre. Former tenants Small Change Espresso and Saint Atlas have vacated ahead of works.
The development, by local developer Rod Constantinides of ARM Property Investment Group, will feature two connected buildings with a shared co-working space, a residents' bath house with a sauna, hot tubs and steam rooms, ground-floor cafes and retail and an onsite caretaker providing round-the-clock management.
“Rather than joining the towers into one sealed volume, the design splits them with a semi-outdoor circulation space that works like a vertical stack, drawing hot air up and out to help cool the building through summer,” Mr Constantinides said.
“The gap will be filled with landscaping that respects the Coast's sub-tropical setting, which assists in cooling the building. Both towers face north-south to maximise natural light and cross-ventilation.”
Mr Constantinides said the project targeted people squeezed out of the Sunshine Coast's housing market who didn't need a full house.
These included hospital and infrastructure workers, older residents wanting their own place without a house's upkeep, and young people leaving home who'd rather not move into a share house.
"There's a whole group of people on the Sunshine Coast stuck between a share house and a full family home, and there's almost nothing built for them," Constantinides said. "Every one who moves in here frees up a family-sized house for an actual family."
Getting more people living in the Nambour CBD itself, rather than just working or shopping there, is central to the project, Mr Constantinides said.
“More residents mean more passive surveillance of the street after hours, and more spending in local cafes and shops.”
He said the project also responded to a national shift in which average household size fell from 2.6 people in 2016 to 2.5 in 2021.
“That small drop means roughly four percent more homes are needed to house the same population, before any growth is counted. This includes people who can afford a bigger house but end up in one anyway due to a lack of smaller, well-designed stock on the market.”
