Large parts of Australia will be hit with a torrential downpour on Thursday as residents across central Victoria are urged to evacuate to higher ground as floodwaters threaten to engulf their homes.
Carr’s recently completed development Heyington Place in Toorak, he says, “…simply could not be delivered in the current market with today’s construction and supply costs. Sadly, I think lavish stone facades and premium building materials will become rare and exclusive as many developers and builders struggle to deliver high-quality projects with the current cost and supply chain challenges.”
Designed by Carr, Heyington Place caters for the luxury residential demand found in metropolitan areas, but may end up being one of the last of its kind.