Finbar Group Limited announce it has received approval from the Western Australian Planning Commission for the development of a 19 storey tower at a prime riverfront location within the Springs Precinct in Rivervale. The development located at 32 Riversdale Road, Rivervale will comprise of 143 diverse one, two, and three bedroom apartments on the 4,069 sqm site. The project's design has been inspired by the Egret (bird) and the riverine setting and will be a landmark building that defines the Springs Precinct by taking full advantage of its absolute frontage to the Swan River reserve and high amenity views of the surrounding Swan River, Burswood Peninsula, and the Perth city skyline.

Only 80 metres from the river, 700 metres from the Crown Resort with its 32 restaurants and bars, one kilometre from Optus Stadium and four kilometres to the Perth CBD, the location represents the best of convenient and activated, yet tranquil, living. The development includes a public nature playground space with picnic area, water fountain, and proposed indigenous artwork sculptures referencing how the area was used at different times of the six Noongar seasons. An area of land adjoining the north of the site will be remediated and revegetated.

An established, significant Ficus tree on the Riversdale Road frontage will be retained and four large gum trees are proposed for the northern edge of the site. With an estimated end sales value of approximately $96 million, the level 19 skydeck with rooftop cabana, bar and BBQ facilities will offer all residents access to the sweeping views. Kayak storage areas, a 12-seat private dining room, steam room, gym, and 20-meter lap pool will form part of the high level of amenities on offer, in addition to the ability for EV charging within the development.