1. Visionary property developer and Rich Lister Bob Rose passes away at the age of 83
2. Renowned property developer and Rich Lister Bob Rose leaves a legacy at 83.
Bob Rose: A Visionary in Urban Development
In a tragic incident, the world of urban development has lost a visionary with the passing of Bob Rose. Alongside his wife Margaret, Mr. Rose was instrumental in building a $690 million fortune through his development projects, earning a spot on the AFR Rich List 12 times.
Transforming Urban Planning
Bob Rose’s impact on the urban development landscape cannot be overstated. His master-planned residential community, Cape Cabarita, located on Sydney’s Parramatta River, was awarded the prestigious title of ‘Best Residential Lifestyle Development’ by The Urban Development Institute of Australia in 2000.
In 1999, Rose Group beat industry giants like Mirvac and Multiplex to become the preferred tenderer for a 51-hectare development at Sydney’s Breakfast Point, a former AGL gasworks site. Former NSW planning department boss Sam Haddad praised Mr. Rose for shifting the focus from density to design, setting a new benchmark for urban development across Australia.
“He was always visionary, and his project at Breakfast Point was a transformative piece of urban planning,” said Mr. Haddad.
Recognitions and Achievements
In recognition of his contributions to the construction industry, Bob Rose and Margaret were appointed members of the Order of Australia in 2008. Two years later, Mr. Rose was honored as the Property Person of the Year by the Urban Taskforce, joining the ranks of esteemed past winners such as Meriton’s Harry Triguboff and Goodman Group’s Greg Goodman.
Bob Rose’s development ventures extended beyond Sydney. The Rose Group successfully developed residential communities in Catherine Hill Bay and Gwandalan in Lake Macquarie, south of Newcastle.
A Passion for Real Estate
Aside from his development projects, Bob Rose was known for his prowess in the Sydney real estate market. He made notable purchases and sales, including Kerry Packer’s former penthouse in Elizabeth Bay’s Toft Monks and a luxury holiday house on Palm Beach’s coveted Ocean Road.
One of their prized properties, Bellona, a weekender in Palm Beach, was a surprise gift from Bob to Margaret. It bore the name of the ship that brought Bob Rose’s ancestors to Australia.
Legacy and Family
Bob Rose’s legacy lives on through his four children, Marisa, Sacha, Stuart, and Bryan, who now carry on the Rose Group’s mission. Their father’s entrepreneurial spirit and dedication to urban development will continue to inspire future generations.
In conclusion, the world of urban planning mourns the loss of a true visionary. Bob Rose’s contributions and achievements have left an indelible mark on the industry and will be remembered for years to come.
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1. Visionary property developer and Rich Lister Bob Rose dies at 83
2. Property developer and Rich Lister Bob Rose passes away at 83.
