From Generation X to empty nesters every decade coins another phrase to describe a particular niche market. The latest demographic to be profiled by the marketing industry is the e¼ber buyer.
As the name suggests, the e¼ber buyer is well travelled, financially secure, and an early adapter to trends. This is the market segment that aspires to brand name products and luxury goods, and chooses to live in a prestigious location.
The new Lumiére Residences in central Sydney, designed by renowned UK architect Sir Norman Foster, is such a location. The development, which comprises eight slender, glass-clad towers linked by a central core, is a distinctive, sculptural presence on the Sydney skyline. Not surprisingly, the show apartment interior, designed by Lynn Malone, needed to be equally eye-catching.
Malone says the tower's location helped determine the interior design.
"The apartment has extensive views of several Victorian-era architectural masterpieces, including St Andrew's Cathedral, built in the mid 1800s. The juxtaposition of the cathedral's sandstone facade with the Lumiére tower glazing was inspirational in the sense that each facade presents an enduring design vernacular, and is classically composed. Both the old and new architectural icons influenced the interior finishes."
Malone says the need to cater to the e¼ber buyer market also determined the level of luxury, and the need for high-quality designer furniture pieces and artworks.
"The provision of several significant works of art was the driver for the interior design and the styling of the fit-out. We have provided a diverse collection of works from emerging and established international artists."