Planning Approved on $1.4B Jam Factory Precinct

Plans have been approved by the City of Stonnington for GURNER, real estate fund manager Qualitas and Newmark Capital to redevelop Chapel Street’s iconic Jam Factory into a mixed-use precinct. The Jam Factory will be transformed into an office, hotel, residential, retail and entertainment precinct with an expected value of $1.4 billion once complete. This includes over $500 million into…