sentences:  The policy provided incentives for people living in the central area.Nonda Katsalidis award winning design for "Melbourne Terrace Apartments" combined with a new desire for New York "Loft Style" living stimulated interest in consumers, and the first wave of lived in boutique apartments and trendy converted old buildings and warehouses.Subsequent waves of developments saw the conversion of unnocupied lower grade office buildings and construction of new apartment towers.