Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

Joel Robinson

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
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[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Local Little Bay residents, along with buyers from premium postcodes across Sydney’s affluent Eastern Suburbs, have dominated purchases in developer-builder Urban Property Group’s first Eastern Suburbs apartment development, <a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a>.

The $250 million coastal project, one of the first new developments in the area in several years, has proven particularly popular with downsizers, especially those from Coogee and Bondi. One Double Bay downsizer paid $4.7 million for a four-bedroom penthouse, setting a new local apartment price record in the process.

Buyers have been attracted to the combination of coastal tranquillity, premium design and amenity-rich neighbourhood living. The walkable village setting, along with proximity to three of Sydney’s leading golf courses, New South Wales Golf Club, St Michael’s Golf Club and The Coast Golf Club, has also been a key drawcard.

[smartcode_project:default project_id=112343 project_image_fid=352689]

Built across two low-rise buildings designed by <a href="https://www.apartments.com.au/architects/hill-thalis-architecture-urban-projects-pty-ltd">Hill Thalis</a> and set along a lush, landscaped green spine, designed by leading landscape architect <a href="https://www.apartments.com.au/landscape-architect/arcadia-landscape-architecture">Arcadia</a>, ESTE Little Bay offers a collection of one, two, three and four-bedroom residences with interiors by Richards Stanisich.

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> Sales Director, Tom McIvor said the response to ESTE has been "nothing short of extraordinary."

“Buyers have been quick to recognise ESTE as a rare opportunity to invest in a coastal sanctuary that offers both seclusion and connectivity to the heart of Sydney,” McIvor said.

[smartcode_project:default project_id=112343 project_image_fid=352687]

<a href="https://www.apartments.com.au/project-marketer/srm-residential">SRM Residential</a> Senior Director, <a href="https://www.apartments.com.au/project-marketer/srm-residential">Clayton Ross</a> said the local market has responded incredibly well, driven by ESTE’s exceptional location and the rarity it offers.

“We’ve seen strong interest from a variety of buyer groups, all of whom are drawn to the exclusivity and quality of the build and construction by the 4.5-star iCIRT-rated builder / developer, Urban Property Group. There’s truly nothing else like it along Sydney’s coastline.”

[smartcode_project:default project_id=112343 project_image_fid=352690]

The project also includes robust buyer protections, including Resilience Insurance’s Latent Defects Insurance, providing 10 years of structural cover, and an independent iCIRT-rating of the developer.

“The iCIRT-rating adds another layer of confidence,” Ross added. “Buyers see it as a safeguard for their investment and their lifestyle.” A highlight of ESTE’s offering is its exclusive wellness amenities, including a heated rooftop infinity pool and outdoor heated spa, a state-of-the-art Technogym fitness centre, and a sauna.

<a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a> is topped out and is on track to complete towards the end of 2026, with residents moving in before Christmas.

[smartcode_project_cta:default project_id=112343]

Eastern Suburbs buyers snap up ESTE Little Bay apartments

Apartments

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Based on the flow of planning applications into Oakleigh, the suburb was identified by Apartments.com.au as <a href="/news/pellicano-group-cements-oakleigh-as-an-upcoming-apartment-hotspot">an emerging apartment hot spot</a> at the turn of 2016.

Oakleigh's apartment-driven regeneration has now taken a step forward with the official launch of another major apartment project. Mount Waverley-based developer Pellicano has pulled the trigger on Alke, their latest residential project that will add 89 dwellings along Oakleigh's Atherton Road.

With an end value of $53 million, Alke is the result of a stint at planning which culminated with a win for Pellicano at VCAT.

Subsequent to the project's approval, Pellicano chose to drop the number of apartments within Alke from 115 to 89, in order to provide larger dwellings and better meet local demand stemming from Oakleigh and surrounding suburbs.

<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/image6alke.jpg" rel="gallery-all" title="Oakleigh's new edition - Alke."><img alt="" class="image-article-full-width-580px" height="327" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image6alke.jpg?itok=dPCmYhPe" title="Oakleigh's new edition - Alke." width="580"></a>

<figcaption>Oakleigh's new edition - Alke.</figcaption></figure><h2>What they say</h2>

<blockquote>
Oakleigh holds a great significance to Pellicano and we want to uphold our history by bringing a more premium product to the area, adding value to the urban context and providing long-term, quality homes for its inhabitants.

These generously sized and well-designed apartments provide a great opportunity for contemporary, community-focused living within an established neighbourhood. Due to the area’s rich history and strong community, we are seeing a lot of interest from local downsizers and local first home buyers.

Many second and third-generation Europeans, who want to stay in their established community and continue to enjoy the abundant amenity but without the hassle of looking after a large family home, are looking to move into these larger, well-appointed apartments. The local primary schools and close links to relatives also make it attractive for the young families looking for a home.
<cite>Nando Pellicano: Pellicano managing director</cite>
</blockquote>

<blockquote>
Our interior arm created a scheme that offers residents the opportunity to express their own personality though the selection of furniture, artwork, and accessories.

The communal areas are light-filled and landscaped with vegetation, offering spaces for social interaction or quiet respite, and adding to the quality of life for Alke residents.
<cite>Tristan Wong: SJB director</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/image5alke.jpg" rel="gallery-all" title="Alke's finer street level treatment"><img alt="" class="image-article-full-width-580px" height="725" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image5alke.jpg?itok=QHCrUUru" title="Alke's finer street level treatment" width="580"></a>

<figcaption>Alke's finer street level treatment</figcaption></figure><h2>The design</h2>

After various planning machinations, architecture firm SJB has settled Alke's design; two six level buildings set above a common podium level sweep away from one another, with a low-rise third building also part of the development.

Each building consists between 14-45 apartments, with the larger buildings bisected by a podium top communal garden space. Externally the project is finished in brick snap panels which speaks to Oakleigh's traditional housing finish, floor to ceiling glazing and perforated metal screens for shading and privacy.

Internally Pellicano have split the 1, 2 and 3 bedroom apartments into different categories; Garden Loft Residences, Terrace Homes and 3 bedroom Penthouse sized residences. Interior schemes carry timber floorboards, contrasting lines plus soft grey and white colour schemes with an overtone of industrial detailing.

The almost ubiquitous trendy cafe will also account for Alke's retail space.

<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/image7alke.jpg" rel="gallery-all" title="Alke's communal terrace"><img alt="" class="image-article-full-width-580px" height="327" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image7alke.jpg?itok=N2_Xd7w6" title="Alke's communal terrace" width="580"></a>

<figcaption>Alke's communal terrace</figcaption></figure><h2>Oakleigh bulks up</h2>

Alke joins Oros as projects currently at sales within Oakleigh. 

Oros will eventually become a sprawling development accounting for a 9,605sqm site fronting Dandenong Road; its 348 apartments are joined by a serviced apartment contingent and in excess of 2,000sqm of retail space. Conversely Alke is more conservative in scale and closely cited to Oakleigh's retail and commercial heart, plus Oakleigh Station.

Combined they will add 400 plus apartments to the suburb which has only one considerable apartment project approaching construction completion, namely 8 Degrees at 83 Drummond Street which consists of 54 apartments.
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silvermb

Alke adds another buyer option to the strengthening Oakleigh apartment market

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Prospective Kensington development sites continue to drift toward higher density residential outcomes. 

The latest to do so is Naser Group's 347-367 Macaulay Road which is now at planning, with the developer hoping to create 55 overly large two and three bedroom apartments within a new C-shaped, six-storey building. The site itself is currently home to an ordinary single storey warehouse which abuts the mid-rise Kensington Warehouse Apartments complex to the south.

Designed by Pitch Architecture + Developments, 347-367 Macaulay Road draws heavily upon the area's brick warehouse heritage, which is evident across the design's lower levels. Grimbos Building surveyors is also associated with the project.

Received by City of Melbourne during August, Pitch Architecture + Developments refer to the project as <a href="http://pitchad.com.au/sky-house/">Sky House</a> on their website, perhaps indicating the name that the project will carry down the track.

<h2>347-367 Macaulay Road 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/image11_19.jpg" rel="gallery-all" title="Macaulay Road perspective. Planning image: Pitch Architecture + Developments"><img alt="" class="image-article-full-width-580px" height="330" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image11_19.jpg?itok=HEqOegS1" title="Macaulay Road perspective. Planning image: Pitch Architecture + Developments" width="580"></a>

<figcaption>Macaulay Road perspective. Planning image: Pitch Architecture + Developments</figcaption></figure><ul>
<li>Site area: 2,011sqm with 55m main street frontage</li>
	<li>Proposed 6 level building</li>
	<li>55 dwellings: 23 x 2BR, 32 x 3BR</li>
	<li>Estimated cost of development: $26 million</li>
	<li>103 car parking spaces and 55 bicycles across two basement levels</li>
</ul>
<h2>Naser/Nascon expanding</h2>

347-367 Macaulay Road is the latest project for Naser Group Property, who's director Mohammed Naser is also director of Nascon Group.

Combined the two property entities have developed a string of apartment projects across Melbourne. Most recently completed was Ivanhoe's The Orchard which holds 39 apartments, with Fitzroy North's Fitz &amp; Co and <a href="/new-apartments/moore-21-moore-street-moonee-ponds">Moore Apartments</a> in Moonee Ponds both currently under construction.

After a long stint at planning Nascon Group also successfully gained a mid-2017 permit to develop an <a href="/new-apartments/21-yarra-street-heidelberg">88-apartment, Artisan Architects-designed tower</a> in the heart of Heidelberg.

347-367 Macaulay Road adds to the Naser Group/Nascon Group stable, but distinguishes itself by intending to add larger than average apartments to Kensington. Smallest sized apartments within the proposal begin at 73sqm internal, with the largest loft apartment covering 162sqm of internal space.

<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_19.jpg" rel="gallery-all" title="Design aspects of the proposed building. Planning image: Pitch Architecture + Developments"><img alt="" class="image-article-full-width-580px" height="323" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image13_19.jpg?itok=-_u5p4bz" title="Design aspects of the proposed building. Planning image: Pitch Architecture + Developments" width="580"></a>

<figcaption>Design aspects within the proposed building. Planning image: Pitch Architecture + Developments</figcaption></figure><h2>Kensington higher density</h2>

Kensington is not flush with development sites, but certain pockets are lending themselves to redevelopment.

Traditionally a light commercial and/or industrial stronghold, the area surrounding 347-367 Macaulay Road is receiving increased apartment-based proposals. A stone's throw away, both <a href="/new-apartments/51-61-hardiman-street-kensington">51-61 Hardiman Street</a> and <a href="/new-apartments/28-32-albermarle-street-kensington">28-32 Albermarle Street</a> are at planning and combined could potentially add a further 92 dwellings to this emerging development pocket.

Isolated higher density developments such as <a href="/new-apartments/2-22-gatehouse-drive-kensington">2-22 Gatehouse Drive</a> and <a href="/new-apartments/2-22-gatehouse-drive-kensington">265-271 Racecourse Road</a> will likely add to Kensington's future apartment stock, but the area most likely to see pronounced development is a stretch of land alongside Hobsons Road that is now receiving its first taste of construction, by way of River Walk Kensington.

A likely construction hot spot in years to come, the vast stretch of land fronting Hobsons Road is adjacent to the West Melbourne Waterfront urban renewal project.

<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/image35_10.jpg" rel="gallery-all" title="Macaulay Road with fellow Kensington projects. Construction image: Hacer"><img alt="" class="image-article-full-width-580px" height="392" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image35_10.jpg?itok=NlbYtaNr" title="Macaulay Road with fellow Kensington projects. Construction image: Hacer" width="580"></a>

<figcaption>Macaulay Road with fellow Kensington projects. Construction image: Hacer</figcaption></figure>
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Naser Group goes for the Sky in Kensington

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Brunswick East's popularity continues to cut through with apartment buyers, as Jameson Capital has noted with the recent launch of B.E. Apartments.

Acting as a capital partner to date, Jameson Capital has turned its hand to development with 11-15 Brunswick Road, a 1,724sqm site that is located in an already established apartment pocket. On the eve of the project's launch, Apartments.com.au chatted with Jeremy Urbach, director of Jameson Capital regarding Melbourne's latest apartment release.

The development has been well publicised in that Jameson Capital has chosen to offer 10 of the project's 97 apartments at a 5% deposit rate, half the norm. Designed to aid first home buyers and those looking to buy again, Jeremy Urbach told Apartments.com.au that at the time of launch earlier in September, 7 of the 10 incentivised apartments had been accounted for with 5 of those first home buyers.

Dubbed 'Your Path Your Start' the incentive has also served to increase the profile of the development in a competitive off-the-plan apartment market.

<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/image9aa.jpg" rel="gallery-all" title="Exterior perspective. Image: Jameson Capital"><img alt="" class="image-article-full-width-580px" height="381" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image9aa.jpg?itok=C1pSTYwN" title="Exterior perspective. Image: Jameson Capital" width="580"></a>

<figcaption>Exterior perspective. Image: Jameson Capital</figcaption></figure>Asked if the incentive could be rolled out across future projects, Jeremy Urbach explains that at this point the scheme is restricted to the Brunswick East project.

'Your Path Your Start' is much like Jameson Capital's role as developer of B.E. Apartments; a meeting of opportunity with the capital capacity to deliver. Jeremy Urbach states that Jameson Capital's chief role will remain that of a financier and capital manager, but the numbers stacked up to step in as developer when the site was offered for sale with a permit in place.

B.E. Apartments has a completion value of $60m, with a targeted internal rate of return of 30.2% gross.

With sales now underway a shortlist of builders has been compiled, with the successful head contractor expected to be onsite during the first quarter of next year.

<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/image10aa.jpg" rel="gallery-all" title="Rothelowman's design influence. Image: Jameson Capital"><img alt="" class="image-article-full-width-580px" height="326" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image10aa.jpg?itok=LvQXrdC6" title="Rothelowman's design influence. Image: Jameson Capital" width="580"></a>

<figcaption>Rothelowman's design influence. Image: Jameson Capital</figcaption></figure>Post site acquisition, Jameson Capital enlisted Rothelowman to overhaul the existing permit. Although the previous permit was adequate, Jeremy Urbach explains that as a continuation of an existing relationship, Rothelowman were tasked with redesigning the project to meet the Better Apartments Design Standards criteria.

The resultant B.E. Apartments now has no saddleback configurations, increased daylight access and increased sellable area, although the redesign did add an extra 10 months to the development's timeframe.

Apartments were also made larger, with single bedroom apartments between 50-53sqm, whilst the largest three bedroom dwelling comes in at 105sqm.

Another point of difference is the work of street artist Ghostpatrol which will feature on the building's exterior and within the project's common areas. B.E. Apartments will also include ground floor retail space and a rooftop terrace holding an unimpeded CBD sight line.
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The right fit, the right time: profiling Jameson Capital's B.E. Apartments 

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During July, Apartments.com.au reported on City of Melbourne's <a href="/news/com-moves-to-provide-clearance-for-63-exhibitions-lofty-ambitions">positive response</a> to Salta Properties' bid to have a skyscraper approved at 63 Exhibition Street.

Last week a permit for the mixed-use, Bates Smart-designed tower was granted by the Minister for Planning, concluding a lengthy three-year stint at planning for the application. During City of Melbourne's assessment of the project, the project was to rise 203m and hold an expected development cost of $255 million.

City of Melbourne planners, in turn, requested it be reduced to 183 metres in order to prevent overshadowing of Birrarung Marr; it is unknown if the approved version has been reduced to adhere to City of Melbourne's wishes.

<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/imagebsmart.jpg" rel="gallery-all" title="Bates Smart's take on 63 Exhibition Street's ground plane"><img alt="" class="image-article-full-width-580px" height="456" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/imagebsmart.jpg?itok=O6HYFri6" title="Bates Smart's take on 63 Exhibition Street's ground plane" width="580"></a>

<figcaption>Bates Smart's take on 63 Exhibition Street's ground plane</figcaption></figure>Regardless of the tower's final height, it can now replace the incumbent ASF House with both apartments and a hotel component.

63 Exhibition Street's approval marks off another of the diminishing number of projects which were assessed under the previous government, prior to the Minister for Planning's sweeping inner-city planning reforms. Earlier this month fellow CBD high-rise 478-488 Elizabeth Street also <a href="/news/elizabeth-street-wins-approval-clarendon-street-goes-back-to-the-drawing-board">won approval</a>, although at the hand of VCAT.

The positive planning result for the above two skyscrapers leaves only a handful of applications to be assessed under the previous planning regime; two such projects are 100 Franklin Street and 441-451 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/image5jag.jpg" rel="gallery-all" title="ASF House's days appear to be numbered. Image: Jagonal"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image5jag.jpg?itok=Rrj2so4P" title="ASF House's days appear to be numbered. Image: Jagonal" width="580"></a>

<figcaption>ASF House's days appear to be numbered. Image: Jagonal</figcaption></figure>63 Exhibition Street joins the developer's approved tower at 699 La Trobe Street. The latter will be among Melbourne's first build-to-rent developments and is expected to include 260 apartments and a five-star hotel.
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Salta takes Exhibition Street to the bank

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It's a very definitive time in the apartment cycle across Melbourne where major planning applications and completions are diametrically opposed.

Major planning applications over the course of 2017 have been rare as hen's teeth, but the number of apartment project reaching completion is spiking as the stock sold over recent years becomes reality. Three such major projects have moved past practical completion and are now accepting residents.

Beyond their intended purpose, these three have also taken their place in Melbourne's design landscape; each has a distinct design identity and are positioned to make the most of imposing views across Melbourne.

<h2>Gravity Tower</h2>

Fishermans Bend's first high-rise project, and any project of note within the urban renewal area for that matter, is now complete. Gravity Tower consists of 144 apartments for prolific developer Blue Earth. 

Urban.com.au covered the <a href="/news/planning-application-91-montague-street-south-melbourne">initial planning application</a> during August 2013, and the tower's <a href="/news/fishermans-bends-first-project-breaks-ground">move to construction</a> during late 2015, anointing it as the urban renewal area's first project to reach construction.

Gravity Tower's strong vertical there is clear for all to see, given the project has no high-rise competitors in sight. Its northern facade is dominated by offset fins alternating between one and three floors in height, which band together to create a chevron pattern.

Critical to the Plus Architecture-designed tower's expressive facade, the fins also serve a more practical purpose in that they're angled in such a fashion to allow for maximum shading. Little more that finishing touches to Gravity Tower's ground floor will see it fully complete.

<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/gravity1.jpg" rel="gallery-all" title="Gravity's facade and ground level"><img alt="" class="image-article-full-width-580px" height="266" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/gravity1.jpg?itok=RySHMRTv" title="Gravity's facade and ground level" width="580"></a>

<figcaption>Gravity's facade and ground level</figcaption></figure><ul>
<li>Location: 89 Gladstone St, South Melbourne</li>
	<li>Developer: Blue Earth</li>
	<li>Architect: Plus Architecture</li>
	<li>Builder: Hamilton Marino</li>
	<li>Construction value: $35-40 million</li>
</ul>
<h2>Lakeside Apartments</h2>

Designed by Fender Katsalidis, the 12 level Lakeside Apartments is defined by a very angular architecture expression. 

Situated opposite Albert Park Lake, the building's design is such that it maximises views of the picturesque vista to its west whilst also providing adequate privacy relative to neighbouring developments. Lakeside Apartments includes 159 dwellings above a three level basement, plus communal facilities such as a library, gymnasium, landscaped areas, pool and lounge.

Pre-fabricated precast sections that double as both horizontal and vertical facade components provide Lakeside Apartments with its raw, angular look. Exposed concrete finishes joined by dark spandrels, clear balustrades and light blue glazing could also see the tower draw parallels to fellow residential tower <a href="http://www.buchan.com.au/projects/83-queens-road">83 Queens Road</a> nearby.

<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/image2_15.jpg" rel="gallery-all" title="Queens Road has a new addition"><img alt="" class="image-article-full-width-580px" height="286" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image2_15.jpg?itok=2HuyJPJD" title="Queens Road has a new addition" width="580"></a>

<figcaption>Queens Road has a new addition</figcaption></figure><ul>
<li>Location: 77 Queens Road, Melbourne</li>
	<li>Developer: Southlink Developments</li>
	<li>Design: Fender Katsalidis</li>
	<li>Builder: Hickory</li>
	<li>Construction timeframe: 21 months</li>
</ul>
<h2>The Arthur</h2>

Another Queens Road addition is slightly unusual in that it has been converted from a former commercial block into a mixed-use tower.

Developer Hallmarc has overseen the creation of 86 apartments and 85 serviced apartments which will be operated under the developer's Tyrian brand. Named after Prince Arthur, Duke of Connaught and Strathern, the development is of course adjacent to Arthur Street.

Builder Icon Co. was tasked with the transformation of 14 Queens Road which has also seen conference areas, a retail space, open rooftop, gym and various other amenities added.

Stripped back to its concrete shell, The Arthur's exterior now includes precast panels, black glazing and a considerable amount of metallic bronze detailing over its facade. These bronze Alucobond PLUS panels are a stand out across the building.

<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/image3_7.jpg" rel="gallery-all" title="14 Queens Road's conversion is complete"><img alt="" class="image-article-full-width-580px" height="275" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image3_7.jpg?itok=PiEZeBlF" title="14 Queens Road's conversion is complete" width="580"></a>

<figcaption>14 Queens Road's conversion is complete</figcaption></figure><ul>
<li>Location: 14 Queens Road, Melbourne</li>
	<li>Developer: Hallmarc</li>
	<li>Builder: Icon Co</li>
	<li>Construction timeframe: 16 months</li>
	<li>Construction value: $50 million</li>
</ul>
Expand the images below to see all three projects in further detail.
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Three apartment project completions make their mark

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Long at planning, 478-488 Elizabeth Street has come away from the approvals process with a permit.

Earlier this month the final stamp of approval was granted for the project, after a stint at VCAT which resulted in the appeals body issuing an order to approve the development during late August. The final result sees an Elenberg Fraser-designed tower in excess of 60 levels permitted on site consisting of apartments, a hotel component and retail tenancies at ground level. 

478-488 Elizabeth Street slots in between the completed 226 metre Vision Apartments and the under construction Victoria One at 241 metres, and would further intensify the emerging 'wall' of skyscrapers that have created a new backdrop around Queen Victoria Market.

<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/image2478.jpg" rel="gallery-all" title="The site's initial vision and CBRE City Sale's now sold outcome"><img alt="" class="image-article-full-width-580px" height="392" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image2478.jpg?itok=tLdO-Ajz" title="The site's initial vision and CBRE City Sale's now sold outcome" width="580"></a>

<figcaption>The site's initial vision and CBRE City Sale's now sold outcome</figcaption></figure>The project was refused by Planning Minister Richard Wynne during February of this year, with a visit to VCAT ensuing.

478-488 Elizabeth Street's tilt at approval took an unusual turn during the planning process, seeing CBRE City Sales appointed by then developer L1-2013 Pty Ltd to sell the site subject to attaining a permit. An International Expressions of Interest campaign was held some months ago.

CBRE City Sales have now completed the sale of the 1,172sqm site, with the new owner picking up the right to develop the mixed-use tower. 

So while the new owner of the Elizabeth Street site takes the chocolates, it seems that RJ International (Aust) Pty Ltd's bid to redevelop Southbank's Tea House complex is more a case of boiled lollies. Earlier this month the application, which Apartments.com.au <a href="/news/tea-for-two-southbanks-historic-tea-house-up-for-a-towering-addition">first brought to light</a>, was moved from the State planning register to that of Council's.

<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/image35_8_0.jpg" rel="gallery-all" title="28 Clarendon Street will not receive a tower of this size as orignally planned"><img alt="" class="image-article-full-width-580px" height="330" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image35_8_0.jpg?itok=zkHz0OMS" title="28 Clarendon Street will not receive a tower of this size as orignally planned" width="580"></a>

<figcaption>28 Clarendon Street will not receive a tower of this size as orignally planned</figcaption></figure>This implies that the initial 39 level submission at 145 metres and with a GFA of 35,035sqm has shrunk considerably. Below the 25,000sqm mark, City of Melbourne becomes the responsible authority.

An amended application has indeed been noted during the approvals process.

Geelong-based architecture firm CLWA and heritage architects Lovell Chen conceived the originally submitted design, incorporating 312 hotel suites, 38 supersized apartments, various amenities and an internally reworked Tea House which would compliment the tower's intended use.

What the new plans for the 2,948sqm site entail remains to be seen.
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Elizabeth Street wins approval, Clarendon Street goes back to the drawing board

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The development of a 13-storey apartment building as part of a larger site development at Ormond Station to be called Ormond Place can proceed following approval from Planning Minister Richard Wynne. The approval comes following a public hearing held at Planning Panels Victoria and based on advice from a Standing Advisory Committee in and which drew strong community backlash against what has been dubbed the 'Sky Tower.'

Ormond Place will be delivered by VicTrack and developer DealCorp who has engaged architects Clarke Hopkins Clarke to develop a concept for a mixed-use scheme above Ormond Station. The station's rebuild was completed last year as part of the Level Crossing Removal project.

The development peaks at 13 storeys along North Road and drops to 6 storeys further away from the major thoroughfare. A supermarket and shops are expected adjacent to the station entry, whilst townhouses will be developed along Newham Grove, concealing the car parking beyond.

<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/project_north_road_ormond.jpg" rel="gallery-all" title="The 13-storey over site development (OSD) to be developed above Ormond Station. Image: VicTrack"><img alt="" class="image-article-full-width-580px" height="249" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/project_north_road_ormond.jpg?itok=3gAABtcs" title="The 13-storey over site development (OSD) to be developed above Ormond Station. Image: VicTrack" width="580"></a>

<figcaption>The 13-storey over site development (OSD) to be developed above Ormond Station. Image: VicTrack</figcaption></figure>A material palette has been employed which draws on the local context and character of the area, featuring timber, red brick and a more contemporary light brick, with an integrated landscape strategy to soften the buildings visually.

Ormond Place aims to build on VicTrack's mandate of developing surplus rail land into higher density outcomes with traditional developers brought in as development partners. IKON Glen Waverley is complete, while Jewell Station and Hampton Station precinct are also in the works.

<h2>Jewell Station </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/jewell_01.png" rel="gallery-all" title="Jewell Station's new Urban Village. Images: BKK Architects"><img alt="" class="image-article-full-width-580px" height="253" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/jewell_01.png?itok=-Wm6kyAU" title="Jewell Station's new Urban Village. Images: BKK Architects" width="580"></a>

<figcaption>Jewell Station's new Urban Village. Images: BKK Architects</figcaption></figure>A partnership between VicTrack and Neometro, the redevelopment of the Jewell Station precinct in Brunswick seeks to create a "New Urban Village." following approval of plans of the station precinct development in 2016.

As part of the development, existing derelict buildings on VicTrack-owned land will be replaced by two 8-storey mixed-use buildings, containing ground floor retail and 122 one, two and three bedroom apartments.

The development will help fund improvements to the station forecourt and public realm with the historic Jewell Station building forming the centrepiece of this key civic space. The station forecourt will also feature a community garden area and artistic and cultural spaces for the local community.

Access to the station will also be improved as part of the development with a new ramp and stairs, increased bike parking, and the upgrade of the Upfield bike path.

<h2>Hampton Station precinct</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/36_30-03-2017_1082.jpg" rel="gallery-all" title="A working image for Hampton Station precinct. Image: epc.Pacifric"><img alt="" class="image-article-full-width-580px" height="326" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/36_30-03-2017_1082.jpg?itok=2fCRcJeK" title="A working image for Hampton Station precinct. Image: epc.Pacifric" width="580"></a>

<figcaption>A working image for Hampton Station precinct. Image: epc.Pacific</figcaption></figure>Developer epc.Pacific is working with VicTrack and the Department of Health and Human Services to deliver a new $120 million predominantly residential precinct alongside Hampton Station.

Intended to become an exemplary residential project, Village @ Hampton as it has been dubbed sits on a 7,056sqm tract of land. Apartments along with a new retail/entertainment and new public plaza are envisaged.

According to epc.Pacific's website "the design of the project is being undertaken by internationally recognised and highly awarded Australian Design companies, Ashton Raggatt McDougall (ARM) Architects, Jam Architects and Rush Wright. Fronting Koolkuna Lane, the overhaul is slated to begin shortly.
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Laurence Dragomir

On the right track: Ormond Place gets the green light

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No doubt about it, the emerging build-to-rent model has the property media in a tizz at the moment. What may in part become a solution to the housing and rental affordability dilemma has garnered immense media attention of late.

The Australian Financial Review has referred to it as a <a href="http://www.afr.com/real-estate/it-could-be-a-game-changer-odds-increase-for-buildtorent-sector-20170825-gy4b8e">game changer</a>, <a href="http://www.afr.com/real-estate/build-to-rent-a-key-for-australian-housing-affordability-20170830-gy6y2x">a key for Australian housing affordability</a> and a <a href="http://www.afr.com/real-estate/residential/buildtorent-great-for-big-investors-good-for-overpriced-cities-20170831-gy89xv">boon for property industry big investors</a>.

Whilst the new model of project delivery holds great appeal, a spanner in the works may have emerged with <a href="http://www.theaustralian.com.au/business/property/buildtorent-rules-challenged/news-story/72a8b19e6b358d2461e63c472b45315b">The Australian last week noting</a> that "tough new rules on Australia’s nascent build-to-rent sector proposed by the federal government could restrict investment in the area and crimp the asset class that has the potential to relieve pressure on the housing sector."

Below is a succinct overview of the Build to Rent model as per the Informa Australia website, with the forthcoming <a href="https://www.informa.com.au/event/build-rent-forum/">Build-to-Rent Forum</a> to be held in Sydney on 30 October 2017. 

<h2>Build-to-rent explained</h2>

<ul>
<li>Build-to-rent (also known as Multi-Family Occupancy) is a new housing model that could be the solution for the affordability crisis in Australia’s metropolitan areas. </li>
	<li>Build-to-rent allows companies that construct residential housing (usually apartment blocks) to retain ownership of them, once built.</li>
	<li>Build-to-rent looks to change this attitude, by allowing the developer/construction company to retain ownership of their building and become the landlord.</li>
	<li>The developer or construction company will offer 5-10 year leases to young families.</li>
	<li>Lengthy nature of leases on offer allows for lower rental prices.</li>
	<li>It is believed to be a win/win for developers and renters and would offer a viable option for those looking to live in the expensive Sydney and Melbourne regions.</li>
	<li>There is an opportunity for build-to-rent/multi-family occupancy to be considered an asset class and therefore affect the Australian economy even more directly and involved both state and commonwealth governments.</li>
</ul>
<h2>Andrew Fawell at the coal face</h2>

At the forefront of discussions on the model is Andrew Fawell, Group Director at Beller Property Group. Apartments.com.au recently chatted with Andrew on all things build-to-rent.

Build-to-rent is not necessarily new to Melbourne. Mid-sized property player B Central Development Group is across the model, last year completing 405 St Kilda Road which is 100% retained by the developer, whilst Ciel on Centre Road Bentleigh will also contain a build-to-rent aspect with 20% retained by B Central Development Group as long-term rental stock. 

In addition to managing the above projects, Andrew Fawell also notes that Armadale will also host a similar build-to-rent development located at 737-739 High Street.

Why the model has stirred interest is the emerging scaleability and subsequent viability for the larger players within the property industry. Salta has garnered much attention for their mixed-use Docklands tower which includes a build-to-rent component, with players such as Mirvac, Cbus Property and Lendlease all weighing into the discussion prior to advancing any projects.

What shape and scale the build-to-rent sector takes heavily relies upon the role of Government. Andrew Fawell suggests incentives from a Government level are required to bring on the build-to-rent sector, contrary to the <a href="http://www.theaustralian.com.au/business/property/buildtorent-rules-challenged/news-story/72a8b19e6b358d2461e63c472b45315b">reported planned measures taken by Treasurer Scott Morrison</a> to restrict for global investment in the sector.

Also on Andrew Fawell's mind is the role of Australia's banks, suggesting that as long as banks comprehensively control the financial strings, there will be no immediate and easy solution to Australia's affordability issue. Thus how to commercialise the build-to-rent model to a point where it reaches critical mass and affords players the adequate degree of return for their investment is the pressing question.

Hence the increasing number of property industry-focused seminars and forums to devise a cohesive approach to what looms as a new paradigm for affordable housing.

Above all Andrew Fawell stresses the need for certainty in policies and structures formulated to aid the emergence of the build-to-rent sector. 
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The hot topic: Beller's Andrew Fawell on the intricacies of the Build-to-rent model

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A final planning decision looms next week for Doncaster Hill's latest apartment development.

Already holding the consent of Council planners, a positive result at next week's Council Meeting will see 666 Doncaster Road add to the measured flow of high-density residential projects atop the hill. In their report, Council planners have recommended that the Plus Architecture-designed scheme be approved, subject to conditions.

Now home to a low-rise commercial complex, the 3,257sqm site would be razed to accommodate the project which is backed by Brabian Investments Pty Ltd, with consultancy proUrban also involved in realising the project.

<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/image9_16.jpg" rel="gallery-all" title="666 Doncaster Road in context. Image: Google "><img alt="" class="image-article-full-width-580px" height="320" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image9_16.jpg?itok=3yCjMBQo" title="666 Doncaster Road in context. Image: Google " width="580"></a>

<figcaption>666 Doncaster Road in context. Image: Google</figcaption></figure>666 Doncaster Road is designed as a 13-storey, mixed-use building accommodating 161 dwellings. The called for dwelling yield and respective internal size is as follows:

<ul>
<li>4 townhouses at 140sqm</li>
	<li>43 x 1BR at 50sqm</li>
	<li>31 x 2BR at 65sqm</li>
	<li>43 x 2BR + 2 bath at 75sqm</li>
	<li>25 x 2BR + 2 bath + study at 80sqm</li>
	<li>12 x 3BR at 110sqm</li>
	<li>3 penthouses at 270sqm</li>
</ul>
The project also includes 227 car parking spaces over four basement levels, 68 bicycle spaces, 3 retail tenancies amounting to 350sqm and a 224sqm restaurant. Plus Architecture's design covers 58% of the site and reaches 45.38 metres in height, with the building capped by a GBLA Landscape Architects-designed rooftop terrace.

Manningham City Council note that 28 objections were received for the application, covering a range of issues.

For its part, Council planners have via their report stated "that the proposal complies with the relevant planning policy in the Scheme and should be supported, subject to conditions requiring design changes to the building and the submission of management plans for Council approval."

<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/image8_12.jpg" rel="gallery-all" title="40m height limit envelope. Planning image: Plus Architecture"><img alt="" class="image-article-full-width-580px" height="356" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image8_12.jpg?itok=--EnBhE6" title="40m height limit envelope. Planning image: Plus Architecture" width="580"></a>

<figcaption>666 Doncaster Road's 40m height limit envelope. Planning image: Plus Architecture</figcaption></figure>Doncaster Hill has for the best part of a decade seen medium to large apartment projects filter through on a regular basis, without necessarily experiencing an oversupply. This in turn has made it a steady contributor to Melbourne's growing acceptance of higher density living, without generating a boomtown, high-rise reputation that neighbouring Box Hill now has.

Doncaster Hill's only major current build is that of <a href="/buildings/nest-at-the-hill-642-doncaster-road-doncaster">Nest at the Hill</a>, which is under the guidance of Crema Constructions. Adjoining Doncaster Hill, Mirvac's <a href="/developments/doncaster-vic-3108">Apartments of Tullamore</a> project is due for a construction start whilst <a href="/buildings/the-point-doncaster-hill-600-doncaster-road-doncaster">The Point Doncaster Hill</a> and <a href="/new-apartments/686-doncaster-doncaster">686 Doncaster Road</a> are at registrations and/or sales.

Upon approval, 666 Doncaster Road would join three additional project on Doncaster Hill in holding approval for a minimum of 100 apartments. They are 9-11 Wiliamsons Road with 151 dwellings, <a href="/buildings/north-eastern-tower-659-669-doncaster-road-doncaster">659-669 Doncaster Road</a> with 385 dwellings and <a href="/new-apartments/602-630-doncaster-road-doncaster">602-630 Doncaster Road</a> which includes 267 dwellings.
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Doncaster Hill's next major apartment project verges on approval

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Toorak Park is the outcome of a decade of development overtones for an expansive and formerly underutilised site abutting Toorak Station.

Few projects across Melbourne are larger in terms of site size, with developer Lendlease over recent months applying the finishing touches to 446 apartments and 18 townhouses across a host of buildings. What makes Toorak Park particularly impressive though is the extensive greenery and public permeability across its ground plane.

Often by necessity the vast majority of Melbourne's apartments buildings find themselves in a truly urban context; surrounded by other buildings they are small in footprint and often lack expressive, inclusive or even interesting public realm outcomes.

Toorak Park is at the opposite end of the scale; it is not an outwardly flashy development but when roughly 35% of the site's 2.5 hectares has been seeded to green areas or parkland, it becomes an excellent public outcome.

<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_8283.jpg" rel="gallery-all" title="A direct and publicly accessible link to Toorak Station"><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_8283.jpg?itok=p4iYKuQw" title="A direct and publicly accessible link to Toorak Station" width="580"></a>

<figcaption>A direct and publicly accessible link to Toorak Station</figcaption></figure>The development team consists of Lendlease as developer/builder, Denton Corker Marshall as architect, Carr Design Group account for interiors and Tract Consultants who devised the project's landscaped areas.

Various buildings up to 12 levels dot the site, and generally present with the same architectural form and expression. Whilst they may not rank as among the most impressive buildings in Melbourne, the format and execution across the project's ground plane is deservedly worthy of praise and equal to any that Apartments.com.au has reported on in recent years.

The development is bound by Orrong Road, Toorak Railway Station, Osment Street, Toorak Park and Victory Square Reserve. Greenery, permeability, and wayfinding are all present, as is a new alternative route in accessing Toorak Station and Beatty Avenue via the heart of the 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/img_8289.jpg" rel="gallery-all" title="Toorak Park's built form outcome"><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_8289.jpg?itok=lj6VXMkj" title="Toorak Park's built form outcome" width="580"></a>

<figcaption>Toorak Park's built form outcome</figcaption></figure>Toorak Park is a shining example of the accord that can be achieved when new development is inclusive of publicly accessible green spaces.

Wide, clear and well-signed paths, an immense number of plantings right across the development and the separation between vehicle access and pedestrian space are all on show; the latter is especially noticeable and makes for a quiet and safe experience when walking through the finished product.

The pre-existing pedestrian link from Orrong Road to Toorak Station which flanks the site's northern border is a prime example of what effective landscaping can do. The narrow passage formerly lined by cyclone fencing now enjoys stepped layers of greenery that provides a lit and safe pedestrian space, whilst also masking the necessary security and privacy measures for residents directly behind.

During the project's sales campaign Tract director and landscape architect Mike Stokes was quoted as saying "We create landscapes that grow old gracefully. We were mindful of the spaces between all the buildings, and responded to leafy surrounding suburbs, such as Toorak, Armadale, and Prahran."

Once the new plantings reach maturity and the overall development is 'worn in', it will be interesting to see just how gracefully the landscape around Toorak Park ages, given how impressive it is right now.

<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_8270.jpg" rel="gallery-all" title="Plantings are in contrast to what was cyclone fencing"><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_8270.jpg?itok=FOdRPTYe" title="Plantings are in contrast to what was cyclone fencing" width="580"></a>

<figcaption>Plantings are in contrast to what was cyclone fencing</figcaption></figure>See below various images of Toorak Park taken during August.
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