Spotlight on Braddon
4 November 2016
If you want to know where Canberrans flock to on weekends, just head down Lonsdale St, Braddon.
Located just a stone’s throw away from the CBD, this busy inner city precinct is home to some of Canberra’s best cafes, bars and restaurants, such as well-known institutions like Lonsdale St Roasters and Hopscotch. Complementing Braddon’s hospitality offering is an eclectic mix of boutique shops, retail outlets, offices and an expanding footprint of residential apartments driving significant population growth in the area.
But Braddon wasn’t always this way inclined. The area has undergone some drastic transformations over the last decade, moving away from its industrial roots to become a bustling urban community frequented by locals, young professionals and students alike.
In the past streets were dominated by car yards and mechanics that supported a once thriving automotive industry. After these services closed or relocated, the area was inundated with run-down and empty buildings that left the neighbourhood feeling tired and neglected.
According to GEOCON Managing Director Nick Georgalis, in recent years people have begun to realise they were sitting on a gold mine due to Braddon’s close proximity to the CBD and its potential to become a new entertainment and residential hub.
“The area was given a new lease on life with buildings redeveloped to make way for the many great hospitality, commercial, retail and residential offerings you see today,” he said.
“Canberra is quickly becoming a dynamic and modern city, spearheaded by the renewal of areas like Braddon and Kingston Foreshore where growth and development occurs in a cyclical fashion.
“As businesses become well-established it creates a platform for others to follow suit, with more operators flocking to the area to capitalise on its growth and reputation.
“These areas are also proof that mixed-use precincts are the way of the future, creating communities where everything people need is conveniently in the one location. People are attracted to places that thrive.”
GEOCON is looking to put our own stamp on Braddon, with plans to build a new mixed-use development on Northbourne Ave – the gateway to Braddon.
The 6200m2 site at 92 Northbourne Ave will encompass a 140-room hotel under the Abode Hotels brand, 350 private residential apartments, retail spaces and restaurants.
“It’s another project where we are turning our vision for Building Canberra into a reality,” Mr Georgalis said.