Saville Australia was a privately owned property developer in Australia. It held a variety of residential apartment projects.
With origins dating back over 15 years, Saville Australia undertook development projects in Western Australia.[1] In 2009 Saville went into receivership and Saville Australia Pty Ltd was deregistered in 2011.[2]
Saville Australia's portfolio was valued at more than $1.7 billion and included the $1.2 billion Capital Square development, which planned to redevelop the historic former Emu Brewery site in the Perth CBD into a residential and commercial precinct housing over 500 residents and 60,000m2 of office space. The development did not go ahead as Saville Australia went into receivership[3] and the site was bought by AAIG Pty Ltd in 2010[4] whose redevelopment of the site was completed in 2017.[5]
Saville Australia's portfolio also included Waikiki Blue on the Safety Bay foreshore, Saffron and Altus Luxury Apartments in Perth's CBD and Palazzo Mindarie in Mindarie.[6] The Saffron Apartment tower was completed, but the Waikiki Blue, Altus and Mindarie developments were not built before the company went into receivership.
In 2006 Saville attracted criticism from Australian Prime Minister John Howard for banning tourists taking photos in the vicinity of the popular Southgate precinct in Southbank, Victoria. [7]
In 2007 Saville became the principal sponsor of the Perth Wildcats, a professional basketball team playing in the Australian National Basketball League.[8] It withdrew its sponsorship of the team in 2009.[9]