Apartments fuelling Newcastle CBD boom

Apartments fuelling Newcastle CBD boomOver $600 million worth of developments are currently being built in the Newcastle CBD or are expected to get started this year according to The Hunter Development Corporation.Among that number is 24,400sqm of apartments worth $413 million. They include the $1 million Icon Central Apartments on Hunter Street at Civic, and the $100 million Arena Apartments on Newcastle Beach.Making up the balance are two major public works – the $95 million University of Newcastle CBD campus and the $94 million state law courts.Large private and public sector investment projects include:Icon Central Apartments, Hunter Street Civic, 262 apartments, $1 millionArena Apartments, Watt Street Newcastle East, 1 apartments, $100 millionSpire Apartments, Marketown Newcastle West, 161 apartments, $40 millionEdition, Honeysuckle, 66 apartments and commercial floor space, $36 millionEclipse Apartments, Union Street Cooks Hill, 107 apartments, $31 millionTattersall’s Apartments, Watt St, Newcastle East, 53 Apartments, $27 millionLife at Throsby, Wickham, 40 apartments, $20 millionFormer Newcastle Museum building, Hunter Street, Newcastle West, 47 serviced apartments, $9 millionNewSpace, Hunter Street, Civic, University of Newcastle city campus, $95 millionState Law Courts, Hunter Street, $94 million