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Thailand's famed Khao Phing Kan island is a key design driver behind design practice Hayball's latest residential tower in the public eye.

1-13 Cobden Street in South Melbourne maintains active frontages to all aspects, allowing Hayball to create a 360 degree apartment project for the site which was sold to Holder East during 2016. Handled by Lemon Baxter at the time, the sale included the potential for 238 apartments under a prospective development scheme.

Now at planning, Holder East are seeking a 19 storey tower containing 249 dwellings.

The Cobden Street site is the Collins Street-based developers second major tower in waiting in Melbourne, following on from Southbank's <a href="/new-apartments/aurum-on-clarendon-56-62-clarendon-street-southbank">56-62 Clarendon Street</a>. In addition to a number of smaller suburban residential developments, Holder East also controls 509-525 King Street which is also likely to accommodate a substantial development.

<h2>1-13 Cobden Street, South Melbourne application summary</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image117_1.jpg" rel="gallery-all" title="Design evolution. Planning image: Hayball"><img alt="" class="image-article-full-width-580px" height="322" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image117_1.jpg?itok=vGbkJiEN" title="Design evolution. Planning image: Hayball" width="580"></a>

<figcaption>Design evolution. Planning image: Hayball</figcaption></figure><ul>
<li>1,886sqm site with four frontages</li>
	<li>Proposed 19 level tower @ 60m in height</li>
	<li>Average podium height of 41m</li>
	<li>249 apartments: 89 x 1 bed, 142 x 2 bed and 18 x 3 bed</li>
	<li>1,473 sqm of retail floor space</li>
	<li>979sqm of communal open space atop the roof</li>
	<li>234 car parking spaces &amp; 83 bicycle spaces</li>
</ul>
<h2>Design Ethos</h2>

Along with Khao Phing Kan, Hayball have also drawn inspiration from eroded natural terraces, offering Singapore's well received <a href="http://www.ecobuildingpulse.com/projects/2015-urban-habitat-award-winner-parkroyal-on-pickering_s">PARKROYAL on Pickering</a> as a prime design driver.

<blockquote>
Sitting on what is an island site, with street frontages to all boundaries, the subject site presents a rare opportunity to truly design a building 'in the round.'

The proposed built form is first sculptured in plan, with a pinching in of the mid sections, whilst the corners are pulled out to hold each of the four street corners. These two moves at the same time serve to ensure that apartment modules are of appropriate depth, whilst maximising opportunity for apartment frontage and capitalising on opportunities for sunlight, daylight and views.

Drawing inspiration from natural eroded landscape forms, the green glass facade is then sculpted in elevation to reveal opportunities for balconies, and break down the mass of the building.
<cite>Hayball: Urban Context Report</cite>
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image118.jpg" rel="gallery-all" title="1-13 Cobden Street in full. Planning image: Hayball"><img alt="" class="image-article-full-width-580px" height="641" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image118.jpg?itok=_5OhcZoa" title="1-13 Cobden Street in full. Planning image: Hayball" width="580"></a>

<figcaption>1-13 Cobden Street in full. Planning image: Hayball</figcaption></figure><h2>South Melbourne shapes up</h2>

1-13 Cobden Street is not the only recent tower to lob into the South Melbourne precinct surrounding Park Street. Reworked plans have been revealed for another tower at 9-13 Park Street, with the expectation that its developer can proceed with a 20 storey tower containing 45 apartments.

Both the above projects join an already very healthy list of projects looking to call South Melbourne home. Highlighted by Apartments.com.au earlier in the year, <a href="/news/south-melbourne-a-magnet-for-new-residential-tower-applications">a multitude of towers are in the pipeline</a> although the release of projects in this pocket of South Melbourne has been altogether controlled.

Of these, developer GURNER's Albert Place is poised to begin sales, with the project's premier residence priced at a cool $21 million.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image120.jpg" rel="gallery-all" title="9-13 Park Street is a new prospect. Planning image: Cornetta Partners Architects"><img alt="" class="image-article-full-width-580px" height="361" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image120.jpg?itok=nEqRn8Zq" title="9-13 Park Street is a new prospect. Planning image: Cornetta Partners Architects" width="580"></a>

<figcaption>9-13 Park Street is a new prospect. Planning image: Cornetta Partners Architects</figcaption></figure><h2>1-13 Cobden Street, South Melbourne development team</h2>

<ul>
<li>Developer: Holder East</li>
	<li>Architect: Hayball</li>
	<li>Land Surveyor: Bosco Jonson</li>
	<li>ESD: Lucid Consulting Australia</li>
	<li>Landscape: LBA Design</li>
	<li>Traffic: Traffix Group</li>
	<li>Waste: Leigh Design</li>
	<li>Project Manager: Pomeroy Pacific</li>
</ul>
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silvermb

Hayball's 'island' tower emerges above a wave of South Melbourne development

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Cheltenham is steadily ascending the ranks in terms of apartment numbers in development, with the suburb's latest sizeable project now on public display.

1234-1236 Nepean Highway is located immediately next to City of Kingston Council's municipal office and looks to eclipse the commercial building for size. Developer/builder AUSCO Investment Group is looking to construct an 11 storey mixed-use building containing 126 apartments and 3 office spaces, one of which crowns the prospective building.

The Cheltenham project also adds to AUSCO's strengthening portfolio of apartment projects across Melbourne's South Eastern suburbs. 

Bentleigh, Oakleigh South, Malvern East and a Murrumbeena duo join Cheltenham as suburbs in which AUSCO have active apartment projects.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image100_1.jpg" rel="gallery-all" title="Cheltenham's latest major apartment development. Planning image: Bruce Henderson Architects"><img alt="" class="image-article-full-width-580px" height="410" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image100_1.jpg?itok=rtEhXGpZ" title="Cheltenham's latest major apartment development. Planning image: Bruce Henderson Architects" width="580"></a>

<figcaption>Cheltenham's latest major apartment development. Planning image: Bruce Henderson Architects</figcaption></figure>The Bruce Henderson Architects-designed 1234-1236 Nepean Highway is the latest large apartment development in the offing for Cheltenham.

Spanning a 1,920 square metre site and with a 38 metre frontage to Nepean Highway, two low-rise building are set to make way for the project. The prospective yield is split between 53 one−bedroom apartments, 68 two−bedroom apartments, 5 three−bedroom apartments and a total of 1,016 square metres of office space.

AUSCO Investment Group would look to occupy the tenth level office floor according to planning details.

The arrival of 1234-1236 Nepean Highway further highlights the development transformation occurring within the suburb. Although not a haven for high-rise projects, Cheltenham continues to attract an increasing number of projects which are in the low and mid-rise category.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image102_2.jpg" rel="gallery-all" title="19 Hall Street, The Village and Ilixir at construction"><img alt="" class="image-article-full-width-580px" height="265" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image102_2.jpg?itok=lp3WVQq-" title="19 Hall Street, The Village and Ilixir at construction" width="580"></a>

<figcaption>19 Hall Street, The Village and Ilixir at construction</figcaption></figure>Urban.com.au's Project Database is keeping tabs on 16 separate apartment developments across Cheltenham. 

The near complete <a href="/new-apartments/cheltenham-vic-3192">Ilixir</a>, <a href="/buildings/11-19-hall-street-cheltenham">19 Hall Street</a> and <a href="/buildings/the-village-cheltenham-1228-nepean-highway-cheltenham">The Village Cheltenham</a> which was in hiatus but is now active once more constitute the trio of major apartment projects which are at construction. Of the 16 projects which amount to near on 1,000 apartments, 347 are at construction.

Four further projects are at Registrations and Sales within Cheltenham and are likely to add a further 148 apartments to the suburb's stock.

Whilst the balance of upcoming Cheltenham apartment projects are generally smaller in stature, there still remains scope for some noteworthy development.

Ewert Leaf for instance are working with developer Steller to realise <a href="http://ewertleaf.com.au/projects/13-15-chesterville-road/">13-15 Chesterville Road</a>. According to the architect's website, a mixed-use project will account for the 2,332 square metre site.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image103.jpg" rel="gallery-all" title="Chester is another Bruce Henderson Architects design. Image: CastranGilbert"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image103.jpg?itok=HhRvPgrQ" title="Chester is another Bruce Henderson Architects design. Image: CastranGilbert" width="580"></a>

<figcaption>Chester is another Bruce Henderson Architects design within Cheltenham. Image: CastranGilbert</figcaption></figure>
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AUSCO affirms Cheltenham's emergence as an apartment hot spot

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Two of City of Melbourne's key urban design initiatives are in the starters gates, with Lord Major Robert Doyle yesterday providing further information on the pair.

As of next month, the long-awaited upgrade to the southern end of Elizabeth Street will begin. Previously outlined on Apartments.com.au during its infancy, the project will seek to transform the area into "a more functional, safe and attractive gateway for the thousands of pedestrians who use it every day,"

Having 9,300 per hour cycle through the bottom end of Elizabeth Street during peak times, the $2.2 million upgrade will include removing auto traffic southbound between Flinders Lane and Flinders Street by October this year. In turn pedestrian space will be more than doubled.

Five key components constitute the Elizabeth Street upgrade:

<ul>
<li>Southbound traffic lane removed</li>
	<li>New pedestrian area</li>
	<li>Tram stop stays</li>
	<li>Western footpath upgraded</li>
	<li>Northbound traffic lane stays.</li>
</ul>
The Elizabeth Street upgrade joins projects such as the <a href="http://www.melbourne.vic.gov.au/community/parks-open-spaces/guide-to-parks/Pages/west-melbourne-parks-expansion-opportunities.aspx">West Melbourne parks expansion project</a> and <a href="https://participate.melbourne.vic.gov.au/southbankboulevard">Southbank Boulevard's pending transformation</a> in consuming sections of the existing road network in order to create greener, pedestrian friendly outcomes.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image84_8.jpg" rel="gallery-all" title="The potential for green roofs in the CBD. Image: CoM"><img alt="" class="image-article-full-width-580px" height="419" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image84_8.jpg?itok=-Vup6nYX" title="The potential for green roofs in the CBD. Image: CoM" width="580"></a>

<figcaption>The potential for green roofs in the CBD. Image: CoM</figcaption></figure>Greener outcomes are also what City of Melbourne has in mind with yesterday's announcement that Council will allocate $1.2 million from its new Urban Forest Fund in order to encourage the greening of the city.

Under the plan, "City of Melbourne will partner with philanthropists, property developers, community groups and other Government organisations on greening projects. The initiatives could include planting trees, creating parks, green walls, roofs and facades and storm water projects."

The image above is what City of Melbourne hopes to be the eventual outcome of the scheme, highlighting the 236 hectares of intensive (heavy) green roofs and 328 hectares of extensive (lightweight) green roofs earmarked as capable of being receiving the green treatment.

In order to facilitate the transition to a greener CBD and surrounds, City of Melbourne have what is thought to be <a href="http://commedia.cmail19.com/t/i-i-uuyhjll-l-r/">a world first online tool</a> which maps all the rooftops which have the potential to be turned into solar, cool or green roofs. 
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CoM launches two projects aimed at enhancing the CBD

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As one of the city's last applications judged under previous planning regulations, the chronology of 478-488 Elizabeth Street makes for interesting reading and perhaps points to the convoluted transitional process between old and new planning laws.

At the peak of the Asian-backed development wave sweeping Melbourne during 2015, entity L1-2013 Pty Ltd lodged plans for 478-488 Elizabeth Street. The 1,168 square metre site is wedged between two of Melbourne most recent additions, namely the 226 metre Vision Apartments and Victoria One at 241 metres.

At 68 levels, 478-488 Elizabeth Street would have included 383 apartments, 198 hotel suites and cafe/retail spaces at ground level, set within a 208 metre Elenberg Fraser-designed tower.

During their assessment of the merits of the application, Melbourne City Council planners found numerous shortcomings with the design, citing lack of setbacks as a key sticking point.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image59_1_1.jpg" rel="gallery-all" title="An early project perspective provides context. Planning image: Elenberg Fraser"><img alt="" class="image-article-full-width-580px" height="799" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image59_1_1.jpg?itok=t0xDxfyZ" title="An early project perspective provides context. Planning image: Elenberg Fraser" width="580"></a>

<figcaption>An early project perspective provides context. Planning image: Elenberg Fraser</figcaption></figure>Refused by Planning Minister Richard Wynne during February of this year, 478-488 Elizabeth Street's fate took an unusual turn with the site being listed with CBRE City Sales after the minister's refusal. The site was offered for sale subject to attaining a permit via International Expressions of Interest campaign which closed last week.

This was of course after officially being rejected.

Nonetheless the team behind the proposed mixed-use tower now look set to have their time before VCAT in the hope of gaining the green light for the tower. CBRE City Sales in their recent campaign cited the project at 62 levels; the resultant loss of a number of levels would have likely seen the project's internals numbers reworked.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image81.jpg" rel="gallery-all" title="The site. Image: CBRE City Sales"><img alt="" class="image-article-full-width-580px" height="404" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image81.jpg?itok=L7BzAR4W" title="The site. Image: CBRE City Sales" width="580"></a>

<figcaption>The site. Image: CBRE City Sales</figcaption></figure>478-488 Elizabeth Street is one of two projects of considerable height still in the race to call the northern stretch of Elizabeth Street home. According to the State Government's online planning platform, 441-447 Elizabeth Street is also <a href="https://www.propertyobserver.com.au/https://lodgement.planning-permits.delwp.vic.gov.au/public/detail/68">still under assessment</a>, having initially been lodged during 2014.

478-488 Elizabeth Street's struggles through planning comes at a time when a similarly sized approved skyscraper just metres away from Elizabeth Street has been offered for sale. <a href="https://www.cbremelbourne.com.au/wp-content/uploads/2017/05/CBRE_111ABeckettStreetMelbourneCBD_6pp_webfinal.pdf">Paradigm</a> at 111 A'Beckett Street is also in the hands of CBRE City Sales, with the eventual buyer attaining the right to develop 632 apartments across 64 levels.

As an interesting side note Lord Major Robert Doyle has been a vocal advocate for a <a href="http://architectureau.com/articles/tower-to-overlook-melbournes-queen-victoria-market/">skyscraper on the Munro site</a> which in also in close proximity to Elizabeth Street.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image82_1.jpg" rel="gallery-all" title="A current render for 478-488 Elizabeth Street. Image: CBRE City Sales"><img alt="" class="image-article-full-width-580px" height="777" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image82_1.jpg?itok=JwlMIlcr" title="A current render for 478-488 Elizabeth Street. Image: CBRE City Sales" width="580"></a>

<figcaption>A current render for 478-488 Elizabeth Street. Image: CBRE City Sales</figcaption></figure>
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A high stakes game unfolds for one of Melbourne's largest proposed developments

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Another of the squadron of tall residential towers dotting the CBD's northern expanses has topped out. Empire Melbourne is a predominantly precast monolith highlighted by vertical gold fins set at different angles.

Head contractor Probuild last week took Empire Melbourne to its high point, topping out the tower with the final level completed. The rapid work of Caelli in erecting the concrete structure coupled with the Probuild Construction Systems program has allowed the 62-storey tower to reach structural completion well ahead of schedule.

Empire Melbourne now stands on the south-east corner of A'Beckett and Elizabeth Streets, directly opposite MY80, which was the first collaboration between Probuild, Malaysian-based developer Mammoth Empire, PDS Group and architecture firm Hayball.

Combined, MY80 and Empire Melbourne have added 968 apartments to the intersection.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/img_9562.jpg" rel="gallery-all" title="Gold the order of the day, as seen from A'Beckett Street"><img alt="" class="image-article-full-width-580px" height="870" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_9562.jpg?itok=Tg4DHk3n" title="Gold the order of the day, as seen from A'Beckett Street" width="580"></a>

<figcaption>Gold the order of the day, as seen from A'Beckett Street</figcaption></figure>Delivered under a design and construct contract, Probuild's accelerated delivery of Empire Melbourne has the project on course to be delivered months ahead of its intended completion.

<blockquote>
The innovation at Empire has accelerated usual fitout timelines achieved with traditional building techniques. By implementing Probuild Construction Systems we’ve been able to make the most of every opportunity and exceed our client’s expectations.

I’m extremely proud of our people working at Empire. At Probuild we hire the industry’s best and they’ve delivered the best for our client, Mammoth Empire.
<cite>Probuild Managing Director Luke Stambolis</cite>
</blockquote>

<blockquote>
We’re delighted to have reached this milestone and thank our partners, particularly Probuild, for getting us to this stage 3 months ahead of schedule. Mammoth and PDS Group have partnered successfully in the past, with MY80 (across the road) finishing in 2014 and we look forward to Empire receiving its first residents later this year.

Mammoth and PDS Group wish to thank our partners for their innovation and hard work to date.
<cite>CEO of PDS Group, Andrew Fortey</cite>
</blockquote>

348 apartments with Empire Melbourne along with all common areas are scheduled to be handed over on 31 July 2017. Thereafter settlements will take place, with the balance of apartments nominated for a September 2017 handover; well in advance of the initially nominated completion date of December 2017.

In addition to the 487 apartments in total, Empire Melbourne also includes 2 retail spaces, 8 motorbike and 173 bicycle spaces. Project amenities include a gym, yoga/multi-purpose room, pool, sauna, lounge and dining spaces.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image79_6.jpg" rel="gallery-all" title="Empire Melbourne. Image: Ryan Seychell"><img alt="" class="image-article-full-width-580px" height="570" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image79_6.jpg?itok=xTbNmOTs" title="Empire Melbourne. Image: Ryan Seychell" width="580"></a>

<figcaption>Empire Melbourne. Image: Ryan Seychell</figcaption></figure>Project specifics aside, Empire Melbourne joins a growing cast of towers along Elizabeth Street's eastern flank that present as vertical 'walls' from street level, with only token podiums and/or setbacks.

A product of previous planning laws, the flourish of tall towers in this stretch defined by their sheer vertical form has markedly changed the Elizabeth Street streetscape. Five of six substantial residential towers facing Elizabeth Street have either been or are close to completion.

In discussion with one of Melbourne's leading architects last week, comment was passed on this new stretch of towers along Elizabeth Street; "What will we make of these towers in 20 years time? What sort of legacy will they leave?"
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Empire Melbourne tops out, but is it Melbourne's Empire rose?

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Near on a year after being submitted, Footscray's last major development within the Joseph Road Precinct is all but reality.

Last week it was recommended by internal planners that Maribyrnong Council's City Development Special Committee issue a Notice of Decision to Grant a Permit for the multi-towered development which accounts for the last 'super site' within the 17 hectare renewal area. 2 Neilson Place is the final piece of the puzzle within the vast formerly light industrial land holding which constitutes the Joseph Road Precinct.

Over recent years six separate scheme within the precinct have gained approval, amounting to some 3,300 new apartments. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image77_2.jpg" rel="gallery-all" title="2 Neilson Street. Planning image: Architecton"><img alt="" class="image-article-full-width-580px" height="542" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image77_2.jpg?itok=tP_P4IeT" title="2 Neilson Street. Planning image: Architecton" width="580"></a>

<figcaption>2 Neilson Street. Planning image: Architecton</figcaption></figure>Carrying a cost of development of $180 million, 2 Neilson Place is positioned to add another 500 plus apartments to Joseph Road Precinct. Of these, 5% are to be allocated as affordable housing.

Set across 6,323 square metres, 2 Neilson Place also adds 620 square metres of retail floor space, 3,418 square metres of office space and capacity for a childcare centre. A variety of amenities are anchored by podium and tooftop open spaces.

Well beyond the preferred maximum building height of 12 storeys, "consideration has been given to reducing the heights, however any reduction in height would not make any significant difference to the urban environment of Joseph Road." This is in response to earlier approvals in some instances reaching 32 levels.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/img_0054.jpg" rel="gallery-all" title="Riverina's first phase under construction"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_0054.jpg?itok=ylsRe4Gi" title="Riverina's first phase under construction" width="580"></a>

<figcaption>Riverina's first phase under construction</figcaption></figure>With the planning aspect of Joseph Road Precinct all but complete, the challenge for developers is to now deliver the thousands of approved apartments.

In total 23 separate residential towers are in play within the precinct, and of those only a trio of mid-sized towers which represent stage one of Riverina are at construction. Having ridden the wave of foreign-based interest in Melbourne's apartment market, Riverina had sold well initially, although the rate of sales for current and future releases may not be as rapid.

The sheer number of apartments involved coupled with the restrictive measures placed on foreign investors and the 'cooling' within certain pockets of Melbourne's apartment market may lead to a slower roll-out of construction within Joseph Road Precinct.

4 Neilson Place known as The Tannery has conducted a low-key sales campaign whilst Growland's Victoria Square opposite Riverina has begun its sales campaign in earnest.
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Joseph Road precinct's final application sails toward reality; now for the task of delivery

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The inner city's sustained surge in student housing projects is poised to churn out three additional developments, all of which are currently navigating through planning.

As demand for inner city apartments has waned, student accommodation proponents have seized the opportunity to add further key sites across inner northern suburbs to their respective portfolios. As the frenzied sale (and sale prices) of prospective development sites has cooled, a handful of key institutional players have muscled in on land acquisitions.

This coupled with the expansion/conversion of existing buildings, has seen the student accommodation sector mushroom rapidly; Apartments.com.au's Project Database now includes 16 dedicated student accommodation developments, with more to follow.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image69_6.jpg" rel="gallery-all" title="Whitley College's proposed revamp. Planning image: Rothelowman"><img alt="" class="image-article-full-width-580px" height="299" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image69_6.jpg?itok=OT0UAZeD" title="Whitley College's proposed revamp. Planning image: Rothelowman" width="580"></a>

<figcaption>Whitley College's proposed revamp. Planning image: Rothelowman</figcaption></figure>Most recent to the database is GSA Australia, continuing their expansion agenda with 263-281 Royal Parade.

The Parkville address which currently plays host to Whitley College is in line for a substantial expansion. Designed by Rothelowman, the scheme requests additional levels be added to the existing doughnut-shaped sandstone building, with a new six level wing added to the rear of the site.

The project's estimated cost of development is $32 million and results in 366 student rooms.

This is GSA Australia's fourth Melbourne project in quick succession, with the <a href="/news/the-student-living-drive-churns-out-an-additional-tower-but-provides-no-luck-for-another">wraps coming off their most recent</a> only last week.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image70_5.jpg" rel="gallery-all" title="A revamped scheme for Wreckyn Street. Planning image: Nettleton Tribe"><img alt="" class="image-article-full-width-580px" height="278" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image70_5.jpg?itok=An7NXW74" title="A revamped scheme for Wreckyn Street. Planning image: Nettleton Tribe" width="580"></a>

<figcaption>A revamped scheme for Wreckyn Street. Planning image: Nettleton Tribe</figcaption></figure>Also on the agenda is a reworking of an approved North Melbourne site previously held by Malaysian developer Mammoth Empire.

The approved apartment scheme has been superseded by a Nettleton Tribe design for operator UniLodge. At 9 levels the new 15-27 Wreckyn Street incorporates 420 beds split between individual and multishare options. 85 bicycle spaces and a cafe tenancy are also present, as are numerous common areas.

Having <a href="http://www.afr.com/real-estate/mammoth-sells-north-melbourne-site-to-unilodge-for-student-accommodation-20161220-gtexg9">sold the site for $17 million</a> late last year, the transaction pocketed Mammoth Empire $5 million for the two years that it was in control of 2,271sqm site.

From UniLodge's perspective, 15-27 Wreckyn Street joins <a href="/news/inter-war-and-student-to-the-core-another-whopping-student-accommodation-project-unveiled">123-135 Bouverie Street</a> as the operators pending inner city projects.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image44_1.jpg" rel="gallery-all" title="Bedford Place's now defunct apartment project. Image: Vinci Carbone"><img alt="" class="image-article-full-width-580px" height="317" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image44_1.jpg?itok=Uor-As_8" title="Bedford Place's now defunct apartment project. Image: Vinci Carbone" width="580"></a>

<figcaption>Bedford Place's now defunct apartment project. Image: Vinci Carbone</figcaption></figure>Finally, Brisbane-based Blue Sky Funds is behind 3-5 Bedford Place, situated adjacent to Haymarket Roundabout. Controlling the adjoining property at 1 Flemington Road which has approval for a Hayball-designed student tower, Blue Sky have sought the conversion of the Bedford Place permit from 53 apartments to student accommodation predominantly consisting of 3 or 5 bedroom clusters.

In line with its new purpose, the Bedford Place property which is now under the guidance of design practice Hayball, has lost its basement level and has been significant reworked internally. Externally the reworked design remains within the bounds of the approved envelope.

It's proposed that both buildings are to be constructed simultaneously, and will most likely fall under the recently created Atira Student Living banner.
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Three new projects step forward to further fill the student accommodation void

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Perri Projects has been given approval by the City of Melbourne to create a new West Melbourne Waterfront precinct that will subsume a swathe of industrial land.

<a href="/news/industrial-west-melbourne-the-latest-urban-renewal-contender">First covered by Urban.com.au</a> at the turn of 2016, the $500 million rejuvenation which fell under Planning Scheme Amendment C221, was given the nod during a recent council meeting. The roughly 28,000sqm site is diagonally opposite Footscray's Joseph Road Precinct urban renewal area, and is loosely addressed 150-250 Kensington Road.

According to a statement released by Perri Projects, an independent planning panel was appointed by the Minister for Planning, whose job was to consider submissions and make recommendations for the project. With City of Melbourne approval in hand, the largest hurdle to the project has been surpassed.

The rezoning is now before the Minister for Planning awaiting final sign off.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image41_4.jpg" rel="gallery-all" title="A working image for the redevelopment features a new waterfront"><img alt="" class="image-article-full-width-580px" height="322" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image41_4.jpg?itok=3WPnVqmE" title="A working image for the redevelopment features a new waterfront" width="580"></a>

<figcaption>A working image for the redevelopment features a new waterfront</figcaption></figure>Having been at planning for more than four years, the amendment includes a Development Plan Overlay that will guide the long-term development of the site. A high-quality built environment and additional public space are key aspects of the approval, which would see 2,000sqm of waterfront land made accessible to the public.

Designers NH Architecture and Woods Bagot have maintained a hand in the redevelopment plans to date, as have advisory KPMG and Oculus as landscape architects. 

Headline figures stemming from Planning Scheme Amendment C221 will see 10,000sqm of the site dedicated to a new public realm, including a waterfront-facing park. 800 metres of new bike lanes and upgrades to footpaths and lighting will also improve access to South Kensington Station. 

<blockquote>
We’re incredibly pleased with the outcome of the recent Council meeting. We are proud of this project and the benefits it will deliver for future residents and the wider Kensington and West Melbourne community.

This project has been a decade in the making, working closely with Council and key stakeholders every step of the way to ensure key community benefits could be delivered as part of the revitalisation. The process has been very collaborative and we are excited to start bringing this vision to life.

We now look forward to creating a detailed development plan that will transform this underutilised pocket of land into a world-class waterfront precinct and exemplar mixed-use development, consistent with Plan Melbourne and Council’s Municipal Strategic Statement.
<cite>Perri Projects’ Managing Director, David Scalzo</cite>
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image42_3.jpg" rel="gallery-all" title="West Melbourne Waterfront precinct in a grander context"><img alt="" class="image-article-full-width-580px" height="322" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image42_3.jpg?itok=2fMXonKO" title="West Melbourne Waterfront precinct in a grander context" width="580"></a>

<figcaption>West Melbourne Waterfront precinct in a grander context</figcaption></figure>The approval of the West Melbourne Waterfront precinct will likely act as a catalyst for further change along the stretch of the Maribyrnong River which fronts West Melbourne and Kensington. The immediate holds a strategic position with both the Hobsons Road and Dynon urban renewal precincts at its doorstep.

To date the only development of note in the area is the River Walk Kensington apartment complex at 71-89 Hobsons Road, which is currently under construction.

With a string of light industrial buildings between West Melbourne Waterfront precinct and River Walk, the prospects of the area becoming a mixed-use enclave in the medium term are high.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/img_8802.jpg" rel="gallery-all" title="Riverwalk Kensington is under construction."><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_8802.jpg?itok=YYcWJ0F6" title="Riverwalk Kensington is under construction." width="580"></a>

<figcaption>Riverwalk Kensington is under construction.</figcaption></figure>
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A vanguard West Melbourne regeneration project receives CoM backing

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It's not every day an intended project can lay claim to being the largest mixed-use development outside of Melbourne's CBD.

Clayton will soon enough host <a href="/buildings/m-city-2107-dandenong-road-clayton">M-City</a>, a massive project on a 35,000sqm site located at 2107-2125 Dandenong Road. Controlled by local developer Nick Saraceno for the best part of 25 years, the long-dormant site's new launch as M-City comes after previously being referred to as the Nova Centre.

Having been in the works for a decade, the state planning minister of the day became the approving authority for the project during 2009, with the green light granted thereafter.

Schiavello have since been enlisted as joint developer alongside Saraceno Group for M-City, which at the time of approval carried a price tag of $600 million.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image36mc.jpg" rel="gallery-all" title="Artist's impression of M-City's first stage. Image: CBRE"><img alt="" class="image-article-full-width-580px" height="193" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image36mc.jpg?itok=1VTiv6PW" title="Artist's impression of M-City's first stage. Image: CBRE" width="580"></a>

<figcaption>Artist's impression of M-City's first stage. Image: CBRE</figcaption></figure>Stage One of M-City sees 170 one, two and three bedroom apartments on offer, with apartment internals ranging between 46sqm and 102sqm. CBRE have been installed as the master sales agent.

Beyond the initial apartment release, three additional residential buildings are in the works, as is a 225-suite international hotel, 189 serviced apartments and a commercial office building. During planning the commercial aspect consisted of a seven-level office building containing approximately 13,000sqm of leasable space, although the final figure under the M-City banner is unclear.

Kmart and Woolworths have been earmarked as anchors for the sizeable retail portion of the mixed-use project, with a cinema complex also in the works.

Long serving project architects Buchan Group continue to oversee the project, tweaking the approved plans to create M-City. Amenities include the ubiquitous pool and gym, a landscaped rooftop garden, tennis facilities, open air games area and  BBQ space. M-City will also host a child care centre.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image39_7.jpg" rel="gallery-all" title="Artist's impression of an M-City apartment interior. Image: CBRE"><img alt="" class="image-article-full-width-580px" height="257" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image39_7.jpg?itok=-fVSMJTE" title="Artist's impression of an M-City apartment interior. Image: CBRE" width="580"></a>

<figcaption>Artist's impression of an M-City apartment interior. Image: CBRE</figcaption></figure>Such a scale of M-City, it has been listed as a stand-alone future activity centre within the Monash National Employment and Innovation Cluster.

In the middle of the Victorian Planning Authority's freshly released <a href="https://vpa-web.s3.amazonaws.com/wp-content/uploads/2017/03/Monash-NEIC-framework-plan_March2017_WEB.pdf">Draft Framework Plan</a> for the Monash Cluster, M-City will be surrounded by the largest concentration of jobs outside of the Melbourne's CBD. An ongoing target for a number of large commercial and institutional developments, Monash Cluster includes Monash University's ongoing transformation and the Frasers-backed 60,000sqm commercial development at <a href="/news/a-commercial-mini-city-beckons-as-melbournes-southeast-flourishes">254-294 Wellington Road, Mulgrave</a>.

Construction on M-City's first phase is slated to begin later this year, with an approximate construction timeframe of 18 months expected.
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Melbourne's largest mixed-use development outside the CBD lands in Clayton

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Perhaps in line with the current market sentiment, the release of apartment projects within Fishermans Bend for public purchase has been sluggish at best.

The recent green light for 134-142 Ferrars Street brings to 14 the number of residential projects within the Apartments.com.au Project Database which hold approval within the Urban Renewal Area, but have yet to go to sales. Put another way, these 14 projects equate to approximately 4,800 apartments that are being held back by developers.

Looking to buck the trend is the developer behind SOUTH, Fishermans Bend's latest release.

Australia Ruiyi has cemented its local intentions with SOUTH, a $48 million creation of Rothelowman. At 15 Thistlethwaite Street, SOUTH includes 69 apartments across an eight level building capped by a 'Rooftop Club'.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image12_7.jpg" rel="gallery-all" title="SOUTH includes a rooftop dining space. Image: Australia Ruiyi"><img alt="" class="image-article-full-width-580px" height="363" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image12_7.jpg?itok=6KqT1CRS" title="SOUTH includes a rooftop dining space. Image: Australia Ruiyi" width="580"></a>

<figcaption>SOUTH includes a rooftop dining space. Image: Australia Ruiyi</figcaption></figure>Backed by Chinese developer Ruiyi, SOUTH is Australia Ruiyi's vanguard project. It along with future developments in North Melbourne, Coburg and Diamond Creek sees the new developer's local portfolio valued at $400 million.

On SOUTH and Melbourne's underlying strength, General Manager of Australia Ruiyi Rachel Wang provided the following statement:

<blockquote>
SOUTH is located in one of Melbourne’s most affluent areas, with a high concentration of renters and a great local atmosphere. 

Located just 3km from the CBD with a Walkscore of 92, and a local population set to increase by 91.9% over the next 20 years, we see South Melbourne as a key strategic suburb to either live or invest in. It’s no secret that Melbourne has a strong property market; it is consistently ranked as the world’s most liveable city, has strong population growth, good schools and a thriving employment sector.
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image13_15.jpg" rel="gallery-all" title="PM Port Melbourne and Vivid are also at sales"><img alt="" class="image-article-full-width-580px" height="435" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image13_15.jpg?itok=FGfJbsCl" title="PM Port Melbourne and Vivid are also at sales" width="580"></a>

<figcaption>PM Port Melbourne and Vivid are also at sales</figcaption></figure>The developer's confidence in the project is high, with SOUTH currently at construction tender prior to the project officially being launched later this month.

SOUTH's pending launch means it along with <a href="/buildings/pm-port-melbourne-320-plummer-street-port-melbourne">PM Port Melbourne</a> and <a href="/new-apartments/171-183-ferrars-street-south-melbourne">Vivid</a> are the three major developments currently at sales within Fishermans Bend. Whilst pending sales speculation revolves around a handful of projects such as <a href="/new-apartments/15-85-gladstone-street-south-melbourne">15-87 Gladstone Street</a> and <a href="/buildings/lilix-51-59-thistlethwaite-street-south-melbourne">51-59 Thistlethwaite Street</a>, only two residential projects have to date advanced to construction within the massive Urban Renewal Area.

As the backlog of approved projects mounts, the next wave of planning applications within Fishermans Bend has come through during the initial months of 2017.

Applications have been lodged for 112 Salmon Street, 253-273 Normanby Road and 365-391 Plummer Street. In excess of 1,000 apartments are planned for the trio of sites which are controlled by Gunnersen, R Corporation and Third Street respectively.
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SOUTH looks to buck a sluggish Fishermans Bend trend

Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/FH_1EzB-1vs?si=XScVlP1ERsTDJoME" title="YouTube video player" width="560"></iframe>

"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

[smartcode_project:default project_id=135096 project_image_fid=356818]

After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

[smartcode_project:default project_id=135096 project_image_fid=356828]

Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/tsioMLcnjas?si=zq-ys3JuWpfa5hFv" title="YouTube video player" width="560"></iframe>

The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

[smartcode_project:default project_id=135096 project_image_fid=356829]

Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

[smartcode_project:default project_id=135096 project_image_fid=351104]

Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

Joel Robinson

From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

Virgate Property Group is preparing to commence construction of Verdé, its new apartment development in Melbourne's Arts Precinct at Southbank, following a strong run of sales that has seen more than half of the project's 173 apartments secured.

Verdé has attracted a broad mix of first home buyers, owner-occupiers upgrading from nearby inner-city suburbs and investors, with younger owner-occupier couples aged between 28 and 45 accounting for the strongest enquiry. Many are already living in Southbank, South Melbourne, Albert Park, Port Melbourne, South Yarra and the CBD.

"Verdé is located in one of the most desirable pockets of southern Melbourne," Blair Property Group Director Darren Blair, who is managing sales at Verdé, said.

"It's within walking distance of the Arts Centre, Royal Botanic Gardens, Albert Park Lake, and Southbank's restaurants and retail. It's a great lifestyle location with strong amenity and liveability, which made it a very attractive choice for the project."

[smartcode_project:default project_id=4661 project_image_fid=372549]

Virgate was already familiar with the precinct, having previously delivered the successful Domain House development in neighbouring South Melbourne. That experience gave the developer confidence to acquire the Coventry Street site and continue expanding its presence in Melbourne's inner south.

"We had been keeping an eye on the site and the broader precinct for a few months before deciding to move forward with the acquisition," Virgate said.

The project was ultimately secured in 2020 following feasibility studies, planning assessments and due diligence, with the brief centred on delivering "a high-quality, considered design that feels both refined and fit for purpose."

[smartcode_project:default project_id=4661 project_image_fid=314259]

Designed by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, Verdé comprises 173 one, two and three-bedroom apartments priced from $599,000. The architecture is distinguished by a faceted glass façade that responds to both the site's outlook and Melbourne's changing light conditions.

According to Bruce Henderson Architects, the coloured glazing gives the building a distinctive identity while also providing privacy and solar shading, with residences oriented to capture views across the bay, city skyline and surrounding parklands.

Inside, <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> has created interiors focused on natural light, efficient planning and enduring materials. Apartments feature engineered oak flooring, natural stone benchtops, floor-to-ceiling glazing and SMEG appliances, while a restrained material palette aims to complement the expansive outlooks rather than compete with them.

[smartcode_project:default project_id=4661 project_image_fid=372550]

Resident amenity has also been designed around everyday functionality rather than occasional use. Facilities include a concierge-serviced lobby, residents' lounge with fireplace, library and co-working space, gym, terrace garden with barbecue facilities, ground-floor café, and package delivery management.

The project's location continues to be one of its strongest drawcards. Positioned on Coventry Street, Verdé sits within walking distance of the National Gallery of Victoria, Arts Centre Melbourne, Royal Botanic Gardens and Albert Park Lake, while Southbank's dining precinct, Sturt Street trams and the new ANZAC Station are all nearby. The surrounding education catchment also includes Melbourne Grammar, Melbourne Girls Grammar, Mac.Robertson Girls' High School and several major university campuses.

The sales team says buyers have responded particularly well to the combination of location, design quality and long-term liveability.

"They're responding really positively to the quality of the design, premium resident amenities and the uninterrupted views. Many also appreciate the location and how connected it is to everything they need."

The ability to secure stamp duty savings before completion has also been a key factor for purchasers, alongside the opportunity to personalise finishes ahead of settlement.

With construction set to commence soon and more than half the apartments already sold, Verdé enters its next phase as one of the Arts Precinct's more established apartment developments, offering remaining buyers an opportunity to secure a residence before construction advances further. Expected completion is scheduled for late 2027.

[smartcode_project_cta:default project_id=4661]

Virgate's Verdé Southbank moves toward construction as sales fly past halfway stage

Downsizer-focused apartment development Kooyongkoot in Hawthorn has been recognised at the 2026 Better Future Melbourne Design Awards, taking home Gold and Silver awards in two categories.

<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a>, currently being delivered by developer PQD and designed by Cera Stribley, received Gold in the Interior Design – Proposed category and Silver in the Architecture – Proposed category.

The dual recognition reflects the design approach behind the boutique development on prestigious Kooyongkoot Road, where the focus has been on creating homes for downsizers seeking the space, quality and functionality of a detached house within a low-rise apartment building.

Rather than maximising apartment numbers, <a href="https://www.apartments.com.au/developers/pqd">PQD</a> and <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> limited the development to just 18 residences, allowing for larger floorplans, greater privacy, generous landscaping and expansive communal spaces.&nbsp;The majority of the apartments also benefit from corner aspects, allowing for dual sources of natural light.

Now around 70 per cent complete and on track for completion in November 2026, Kooyongkoot will comprise a mix of garden residences, ter​race apartments, sub-penthouses, and is crowned by two half-floor penthouses with direct lift access and private rooftop terraces.

[smartcode_project:default project_id=102717 project_image_fid=355297]

The Silver Award for Architecture recognised the way the building responds to its prominent corner position at the ent​rance to Hawthorn's Scotch Hill precinct, one of Melbourne's most established residential neighbourhoods.

Rather than competing with the grand homes that line Kooyongkoot Road, the architectural approach focused on restraint and longevity, using curved brickwork, generous landscaping and carefully considered proportions to integrate with the existing streetscape.

"The form feels fluid and timeless, as though shaped by the landscape itself – architecture that belongs, rather than competes," said Chris Stribley, Co-Founder and Managing Principal of Cera Stribley.

The judging submission also highlighted practical innovations throughout the building, including lift cores servicing only nine homes each, a central landscaped lightcourt designed to bring daylight and ventilation into the building, and fully enclosed private storage rooms with lighting, power and shelving to better accommodate residents transitioning from larger family homes.

[smartcode_project:default project_id=102717 project_image_fid=355293]

The Gold Award for Interior Design recognised the project's focus on long-term liveability rather than display-home aesthetics.

According to the awards submission, the interiors were designed from the inside out, prioritising how homes would function over decades of daily use through generous proportions, practical storage, durable natural materials and flexible layouts.

The specification includes natural stone throughout, upgraded acoustic glazing, V-ZUG appliances and fully enclosed storage rooms, alongside an amenity offering focused on wellness, entertainment and everyday convenience.&nbsp;

Residents will have access to a gym and yoga studio, a wellness centre featuring traditional and infrared saunas, a cold therapy shower and treatment room, as well as a residents' lounge and golf simulator/cinema room for entertainment.&nbsp;Kooyongkoot has also considered the everyday convenience of its residents by offering a private carwash and pet wash facilities on site as well as dedicated parcel lockers and oversized fully enclosed storage rooms.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The project's attention to detail has already resonated with buyers. Earlier this year, Kooyongkoot recorded one of Boroondara's highest apartment sales when an $8 million penthouse was purchased by a Melbourne CEO downsizing from a nearby family home.

"Every detail feels deliberate, from the overall design down to the smallest touches," the purchaser said.

"The level of quality and refinement is exceptional, but what really sold it was how liveable it felt... It felt like a place where everything had been considered, not just a luxury building."

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Sustainability also formed a key part of both award submissions. Kooyongkoot is targeting a minimum 7.5-star NatHERS rating across all residences, supported by passive design principles, high-performance glazing, EV charging infrastructure, water reuse systems and a wellness model focused on lower-energy dry facilities rather than pools and large wet areas.

Located within walking distance of Scotch College, Methodist Ladies' College, Koo​yong Lawn Tennis Club, Aubur​n Village and Camberwell Junction, Kooyongkoot continues to target owner-occupiers looking to remain in Melbourne's inner east without compromising on space or quality. A limited selection of two, three and four-bedroom residences remains available, with prices starting from $1.9 million.

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Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

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Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

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Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

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The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

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The apartment price gap drawing Sydney buyers west

A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Mark Baljak

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