National property developer Goldfields has secured permit approval and appointed Victorian residential builder Ironside to begin work on The Brightly, an 11-storey, wellness and lifestyle-focused mixed-use development in Richmond.

<a href="https://www.apartments.com.au/developers/goldfields-group">Goldfields</a> has partnered with Dexus Real Estate Partnership Fund 1 (DREP 1) as co-investor and delivery partner in the <a href="https://www.apartments.com.au/new-apartments/the-brightly-9-15-brighton-street-richmond-vic-3121">Brighton Street project</a>.

With architecture and interiors by design practice Cera Stribley, The Brightly will feature 100 apartments, a resident-only wellness space, elevated dining experiences including a private dining room and a rooftop garden lounge, and ground-floor retail designed to integrate with Richmond’s local character.

The wellness space will feature a hot magnesium pool, cold plunge, steam room, sauna, and a vitamin-infused drinking station for refreshment and rehydration.

The Brightly’s focus on wellness extends to the rooftop landscaped by award-winning landscape architect Jack Merlo. It will feature canopied retreats and panoramic views of the Melbourne CBD and Richmond Hill treetops. Residents can also host guests with a private bookable dining space on the rooftop garden lounge and an indoor option on the first level.

Cera Stribley’s architectural vision drew inspiration from the surrounding area, using the flowing form of the train lines to shape the façade and create a dialogue between the building and Richmond’s rich history. The design features a four-level podium lined with lush greenery, honouring the suburb’s character and streetscape through its scale and materials.

There will be a choice&nbsp;of one-, two- and three-bedroom apartments, along with 19 exclusive sub-penthouses and penthouses, for prospective purchasers.

Lachlan Thompson, Goldfields’ CEO, said The Brightly will define a new kind of urban luxury for Inner East living.

“By drawing on Richmond’s vibrant mix of culture and hospitality, we’ve combined a lifestyle centred on wellness,” Thompson said.

“Its proximity to Melbourne's sports and entertainment precinct, the CBD, parks, and public transport makes it a prime location for both young professionals and those seeking a lifestyle change. What we’ve created is something remarkable - it’s real, it's Richmond, and it’s refined."

Dexus Real Estate Partnership Fund 1 Fund Manager, Jason Howes, said the Brightly is a high-quality investment in a high demand area with limited residential stock expected to be added in the coming years.

“Partnering with Goldfields, we are delivering a project that will redefine lifestyle focused urban living, offering residents exceptional design and amenities in one of Melbourne's most vibrant suburbs,” he said.

Onsite demolition is underway, with construction set to commence in April 2026 and completion targeted for late 2027. The Brightly will launch to market in mid-2026.

[smartcode_project_cta:default project_id=146631]

Joel Robinson

Goldfields greenlit for The Brightly, Richmond apartment development

The Allan Labor Government has revealed the remaining 23&nbsp;Train and Tram Zone Activity Centres as part of their plan to try and encourage development around some of Melbourne's most connected suburbs.

The new zones includes&nbsp;four smaller ‘neighbourhood centres’ to plan for more modest growth.

<ul>
	<li>Five are connected to the new Metro Tunnel and are now experiencing more services: Caulfield, Springvale, Noble Park, Yarraman (neighbourhood centre), and Dandenong stations.</li>
	<li>Eight are along the Frankston Line, which has recently returned to the City Loop: Hawksburn, Toorak (Beatty Avenue), Armadale (High Street), Malvern (Glenferrie Road), Glen Huntly, Ormond, Bentleigh, and Mentone stations</li>
	<li>Four are along the Sandringham Line, which will see an increase in services later this year: South Yarra, Prahran, Windsor and Elsternwick stations</li>
	<li>Three are on the Belgrave/Lilydale Line and benefit from five-minute peak services on average between Ringwood and the city: Blackburn, Nunawading, and Mitcham stations</li>
	<li>Two neighbourhood centres on the Alamein Line: Ashburton Station, plus a combined centre for the two closest stations on the metropolitan network Riversdale &amp; Willison stations</li>
	<li>One neighbourhood centre, Toorak Village, is a built-up area along the Route 58 tram.</li>
</ul>

The <a href="https://spatial.planning.vic.gov.au/activitycentre/">draft maps</a> will now be subject to detailed community consultation.

A similar process occurred for the first 10 pilot Activity Centres, with clear changes made as a direct result of this community consultation.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/vic/50-new-train-and-tram-zone-activity-centres-to-encourage-new-apartment-development-across-melbourne">50 new ‘train and tram zone’ activity centres to encourage new apartment development across Melbourne</a>

The final train and tram zones will set clear expectations on where new homes can go, cutting out delays, uncertainty and red tape and getting homes off the ground. The remaining two in inner-Melbourne that cover the entire Local Government Areas of Melbourne and Yarra, will go through a separate process.

In the immediate ‘core’ the plans allow for more homes in taller apartment buildings.&nbsp;Some cores have heights of six storeys, while others have up to 20 storeys, only when it is in line with those councils’ planning work.

Eligible buildings across the core will be ‘deemed to comply’ with planning rules and be exempt from VCAT review. Applications in the core that exceed the specified height of the site are not eligible for this fast-tracked pathway.

In the walkable catchments that surround the core, the plans propose gentler height limits and more low-rise apartments and townhouses. Heritage and landscape overlays will stay in place.

Inner catchments, representing up to a five-minute walk from the station or centre, propose limits of four storeys, or six storeys on larger blocks of more than 1,000 sqm, while outer catchments, representing up to a 10-minute walk from the station or centre, propose limits of three storeys, or four storeys on larger blocks of more than 1,000 sqm.

By 2051, train and tram zones will help deliver more than 300,000 new homes, with final plans for all 50 new centres expected to be completed by mid this year.

“We want more Victorians to have the opportunity to live close to public transport, their loved ones, and the things that matter to them,"&nbsp;Minister for Planning Sonya Kilkenny said.

“Whether it’s making it easier to build homes close to public transport, townhouses in our inner suburbs, or family homes with a backyard, our planning reforms are all about giving more Victorians real housing choice.

“While we’re focused on giving more young Victorians the opportunity to have a home of their own, the Liberals are blocking them from being built. They oppose more homes near transport, jobs and services.”

Toorak and South Yarra earmarked for greater density as VIC Gov releases final Train and Tram Zone Activity Centres

Glen Waverley’s housing shortage is set to be closed by 50 per cent with the approval of 795 new apartments which will rise from a former carp park in the heart of the suburb.

The plans, lodged by <a href="https://www.apartments.com.au/developers/sunkin-property-group">Sunkin Property Group</a> and now approved by the Victorian State Government Development Facilitation Program, will transform the 6,114 sqm carpark at 281 Springvale Road, into an $800 million, mixed-use residential and commercial development in the metropolitan activity centre.&nbsp;

“281 Springvale Road has received planning approval for a mixed-use, high-density development that will provide much needed homes in Melbourne’s middle-ring suburbs, including affordable housing," Sunkin's GM of Property and Development Lloyd Collins says.

"We worked closely with key stakeholders, the Department of Transport and Planning, Suburban Rail Loop Authority and Monash City Council to achieve an integrated design with an activated retail ground level that will add to the success of Glen Waverley.

Glen Waverley’s population is projected to grow by 9 per cent by 2031, with an additional 1,600 dwellings required to &nbsp;service the area.

Around 1,000 sqm of the former carpark has been retained by Monash City Council for a new Civic Plaza, creating a central meeting point and public transport link for the local community. &nbsp;

Sunkin Property Group acquired the site from Monash City Council in 2024. The site will remain open as a public carpark until development commences.

[smartcode_project_cta:default project_id=149491]

$800 million, 800-unit development permit fast-tracked for Glen Waverley carpark

UAE developer <a href="https://www.apartments.com.au/developers/arada">Arada</a> is continuing to unveil its billions of dollars of residential development it is set to deliver in Australia.

Following on its plans for <a href="https://www.apartments.com.au/news/nsw/arada-pitches-castle-hill-apartment-plans-ahead-of-2026-launch">431 apartments in Castle Hill</a>&nbsp;and the 2025 bail-out of construction firm Roberts &amp; Co so it can build its own developments, Arada&nbsp;has sought the NSW Government's approval for three towers in the Campsie town centre.

The project, dubbed One Campsie, has been designed by Woods Bagot and will deliver 346 apartments to Beamish Street across three interconnected towers rising 24, 32, and 39 storeys.

According to the Woods Bagot Architectural Design Report, the design seeks to “redefine the urban experience of a rapidly transforming town centre,” delivering housing above an activated ground plane that integrates civic and commercial uses. The design adopts a three-part vertical composition, stepping and articulating the tower to reduce visual bulk and respond to its varied urban interfaces.

<img alt="First Look: Arada unveils 39-storey mixed-use tower for Campsie town centre in State Significant Development bid" data-entity-type="file" data-entity-uuid="f515807f-7277-4ea5-8b2b-a5718514f30a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campsie%20podium.png?VersionId=J3oSJpOvye8gpg1kjagODjdhOb0Cl28I" />

At street level, the scheme places significant emphasis on public domain upgrades. A new civic plaza is proposed opposite the Orion Theatre, alongside a landscaped pocket park and a through-site pedestrian link connecting Beamish Street to Campsie Street and Ninth Avenue. The Urban Design Justification Report states that the proposal “builds on Council’s Master Plan by applying a place-led urban design framework that responds to the site’s unique conditions and enhances pedestrian experience and public benefit.”

The documents note that the development aligns with the Master Plan’s intensification strategy for sites within walking distance of the Metro station, while seeking to retain solar access to key public spaces. As outlined in the Urban Design Report, the proposal delivers “intensification within walking distance of the Metro Station while retaining solar access to key parks."

<img alt="First Look: Arada unveils 39-storey mixed-use tower for Campsie town centre in State Significant Development bid" data-entity-type="file" data-entity-uuid="586ad606-a84f-49cc-b715-fc3ecb731205" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campsie%20podium%20a.png?VersionId=gNHaD.Os8yW4LVOdsJIdmmhlgQArs0Gm" />

Woods Bagot’s design narrative also draws on local history and Aboriginal cultural context. The Architectural Design Report references engagement with Wangal Country and the Cooks River landscape, seeking to embed a connection to Country through material selection, planting, and public art integration. The broader vision, as described in the report, is to create a building that functions as a “community catalyst, not only as a place to live, but as a vibrant destination for work and play that brings people together, supports local culture, and contributes meaningfully to the civic identity of Campsie.”

<img alt="First Look: Arada unveils 39-storey mixed-use tower for Campsie town centre in State Significant Development bid" data-entity-type="file" data-entity-uuid="f1bc9a44-0c1a-4e3f-8b27-38070b0d2744" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_2.png?VersionId=1JmMWg6jOU1rPpS9hCxy8s8H48xc0EiM" />

Located at 124–142 Beamish Street and 16–18 Ninth Avenue, the site occupies a key stretch of Beamish Street, Campsie’s traditional high street, characterised by fine-grain retail, multicultural dining, and proximity to civic infrastructure including the Orion Theatre and Canterbury Civic Centre. The proposed civic plaza and pocket park aim to strengthen this interface, formalising connections between retail frontages, public transport, and community facilities.

If approved, One Campsie would mark one of the tallest and most ambitious additions to the suburb’s skyline, reflecting the broader shift toward higher-density living around transport nodes in Sydney’s middle-ring centres.

First Look: Arada files for trio of apartment towers in Campsie town centre

Syd​ney builder-developer Scion has lodged a State Significant Development Application (SSDA) for a 22-storey mixed-use tower at <a href="https://www.apartments.com.au/new-apartments/96-anzac-avenue-west-ryde-nsw-2114">96 Anzac Avenue, West Ryde</a>, marking a significant step in the transformation of the Victoria Road gateway precinct.

Designed by Turner, the proposal would replace an ageing two-storey commercial building with 145 apartments and 29 co-living rooms, above ground-floor retail and three basement levels of parking.

The 3,149 sqm site sits just 150 metres from West Ryde train station, at the edge of the suburb’s retail core and diagonally opposite Anzac Park. It occupies a prominent corner with frontages to both Anzac Avenue and Victoria Road, positioning it as a key transition point between established residential neighbourhoods and the commercial centre.

The scheme is being advanced under the Housing Delivery Authority pathway as a State Significant Development, alongside a concurrent rezoning to lift the site’s height and floor space ratio controls.

Turner says in the Architectural Design Report that the proposal "responds to a unique opportunity to support the revitalisation of West Ryde through the delivery of a landmark development that combines high-quality residential offerings with enhanced public realm and active ground plane uses.”

Scion will be pushing height almost five times higher than what had been pitched for the site before.

Turner says the increased scale aligns with Council’s strategic direction for the precinct, including the West Ryde Town Centre Revitalisation Strategy (2019), the Draft Masterplan (2021), and the West Ryde–Meadowbank Renewal Strategy (2023).

“The increased height and density proposed aligns with Council’s evolving strategic direction for the precinct, as outlined in the Draft Revitalisation Strategy (2019), the 2021 Draft Masterplan, and the broader West Ryde–Meadowbank Renewal Strategy (2023), which collectively call for higher density, transit-oriented development and design excellence."

Turner describes the vision as establishing “a contemporary, mixed-use development that contributes positively to the West Ryde town centre.”

<img alt="West Ryde" data-entity-type="file" data-entity-uuid="c5c22c11-92b8-4ca6-b77b-b5848ae0176d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-02-12%20at%202.41.34%E2%80%AFPM.png?VersionId=aom0z8azYDw7Hl6.A6vDbCom5ozZICn5" />

The architectural response has been shaped by the site’s gateway role along Victoria Road and its proximity to Anzac Park and surrounding heritage elements, including the Sydney Water pumping station opposite the site.

The design process also incorporated consultation around Connecting with Country principles. The design report outlines engagement with Cultural Heritage Consultants Artefact and Aunty Julie, a Burruberongal woman of the Darug Nation, informing planting selection, materiality and potential public art opportunities.

Turner says the scheme aims to optimise the site’s capacity while balancing yield and amenity.

“The proposed scheme seeks to optimise the site’s potential by balancing yield, amenity, and urban integration. It will deliver a high-quality, mixed-use precinct that supports West Ryde’s ongoing transformation into a connected, accessible, and liveable centre."

Scion recently completed the build of its own development, The Sterling in Lane Cove. They are currently building Chatham in West Ryde, just 500m from the new proposal. Those 62 apartments will complete later this year.

First look: Scion pitches tower plans for West Ryde

Bourke Street Mall

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InterContinental Hotel Group (IHG) last week announced plans for a dual-branded hotel as part of a $200 million redevelopment of The Walk Arcade.

The announcement was made at the 9th annual Australasian Hotel Industry Conference and Exhibition (AHICE) held in Melbourne and will see the Holiday Inn and Hotel Indigo brands occupy the development after IHG signed a long-term agreement with Singapore-based investor Hua Sin Tay's Focus Ventures.

Upon completion in 2022, the development will become the first Australian dual-branded hotel, consisting of 272 keys for Holiday Inn Melbourne Bourke Street Mall and a further 181 keys for Hotel Indigo Melbourne Little Collins.

<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/duel-signing-render.jpg" rel="gallery-all" title="Holiday Inn and Hotel Indigo are coming to Bourke Street Mall. Images: AFR"><img alt="" class="image-article-full-width-580px" height="471" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/duel-signing-render.jpg?itok=-LAA0oQs" title="Holiday Inn and Hotel Indigo are coming to Bourke Street Mall. Images: AFR" width="580"></a>

<figcaption>Holiday Inn and Hotel Indigo are coming to Bourke Street Mall. Images: AFR</figcaption></figure>Onsite amenities will include Food and Beverage outlets, a gym, meeting spaces and a unique guest lobby and room experience for each brand.

Urban.com.au highlighted <a href="/news/updated-designs-for-the-walk-arcade-hotel-revealed">updated designs</a> for the Walk Arcade redevelopment earlier this year, after site owner Hua Sin Tay, submitted plans to redevelop The Walk Arcade which runs from Bourke Street Mall to Little Collins Street. The developer acquiried the site in 1993 for $18 million.  

The dual-branded property will be near IHG's new Holiday Inn Express slated to open on Little Collins Street in 2020.

<blockquote>
With such a large property and sought-after location, dual branding makes perfect sense. IHG has experience with dual branded properties in other markets, including the Hotel Indigo and Holiday Inn Express in Singapore Katong, and a dual-branded EVEN Hotel and Holiday Inn Express planned for Auckland in 2020.

We are excited to bring Hotel Indigo’s neighbourhood story and Holiday Inn’s Joy of Travel together to provide guests of all types with the experience that appeals to them. 
This long-term deal means Hotel Indigo and Holiday Inn will have presence in the heart of Melbourne CBD for many years to come.

- Abhijay Sandilya, IHG’s senior director of development 
</blockquote>

<blockquote>
Much consideration has been put into the plans to transform the property into an iconic Melbourne site that complements its strategic location. Together with our consultants, we have put forth a combined retail and hotel site plan that is able to attract top retailers from around the world. 
The new hotel/retail development is projected to attract over $100 million of annual spending by visitors and shoppers. In addition, it will create over 1,000 new direct jobs and 900 indirect jobs for the State. 

- Tony Tai, spokesperson for Focus Ventures Pty Ltd
</blockquote>

IHG has nearly 800,000 guest rooms and more than 5,300 hotels across nearly 100 countries. IHG's portfolio of brands, includes Candlewood Suites, Crowne Plaza, Even Hotels, Holiday Inn, Holiday Inn Express, Hotel Indigo, Hualuxe, InterContinental, Kimpton Hotels and Resorts and Staybridge Suites.

Hotel Indigo Melbourne Little Collins will become the second Hotel Indigo to open in Melbourne with Salta Properties developing a 170 room Hotel Indigo as part of their mixed-use development at 695-699 La Trobe Street in Docklands adjacent to Etihad Stadium and Harbour Esplanade.

<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/hotel_indigo_docklands.jpg" rel="gallery-all" title="Salta Properties' 695 LaTrobe Street project will also include the Hotel Indigo brand. Image: Salta Properties"><img alt="" class="image-article-full-width-580px" height="362" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/hotel_indigo_docklands.jpg?itok=RJFY7caj" title="Salta Properties' 695 LaTrobe Street project will also include the Hotel Indigo brand. Image: Salta Properties" width="580"></a>

<figcaption>Salta Properties' 695 LaTrobe Street project will also include the Hotel Indigo brand. Image: Salta Properties</figcaption></figure>No two Hotel Indigo properties are the same, with each drawing on the story of its local area to inspire every aspect of the hotel to help guests feel part of the destination.

That’s why Melbourne’s Little Collins Street is perfectly suited to showcase the story of Melbourne’s laneways. Holiday Inn Melbourne Bourke Street Mall will join the 16 Holiday Inn hotels operating across Australasia, including Holiday Inn Melbourne on Flinders.

Lead Image: CBD News
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Laurence Dragomir

Hotel Indigo and Holiday Inn to open in Walk Arcade redevelopment

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As mentioned during Episode 2 of the Apartments.com.au <a href="/guides/weekly-podcast-episode-2-development-by-tram-rmit-nas-and-leonard-teplin">podcast</a>, new images have emerged on the forum for The Walk Arcade redevelopment, located in the heart of the city in Bourke Street Mall and extending through to Little Collins Street.

This has coincided with <a href="https://www.propertyobserver.com.au/https://lodgement.planning-permits.delwp.vic.gov.au/public/detail/838">an application being submitted </a>to DELWP on the 9th February for "Alterations, additions (including partial demolition) to existing buildings for the purposes of retail premises, residential hotel and gym." 

<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/the_walk_arcade_street_view_bourke_street_mall.jpg" rel="gallery-all" title="The current condition of both Bourke Street Mall and Liittle Collins Street frontages. Images : GoogleMaps"><img alt="" class="image-article-full-width-580px" height="264" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/the_walk_arcade_street_view_bourke_street_mall.jpg?itok=qt5mbHLD" title="The current condition of both Bourke Street Mall and Liittle Collins Street frontages. Images : GoogleMaps" width="580"></a>

<figcaption>The current condition of both Bourke Street Mall and Liittle Collins Street frontages. Images: GoogleMaps</figcaption></figure>According to the <a href="http://www.afr.com/real-estate/the-walk-arcade-owner-hua-sin-tay-plans-hotel-20171031-gzbmkb">AFR late last year</a>, the Singaporean owner has plans for a major overhaul of the well-known shopping mall that looks set to include a new hotel, replacing the existing red-brick warehouse which extends to Little Collins Street.

Without access to detailed plans, the extent of demolition of other heritage structures is not yet fully clear aside from the ground and first floors.

In preparation for the redevelopment, owner Hua Sin Tay - who paid $18 million for the Walk Arcade in 1993 - has signed up a series of pop-up stores to take over vacancies from departing tenants for 12 months through to Christmas of this year.

The 20 or so remaining tenants have leases with development clauses says the AFR article. It goes on to say that should development plans be approved, it is expected the arcade would be shut down completely to make way for the redevelopment.

<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/thewalkhotel.jpg" rel="gallery-all" title="The Walk Hotel as seen from Little Collins Street. Image : "><img alt="" class="image-article-full-width-580px" height="520" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/thewalkhotel.jpg?itok=wcYx8YWZ" title="The Walk Hotel as seen from Little Collins Street. Image : " width="580"></a>

<figcaption>The Walk Hotel as seen from Little Collins Street. </figcaption></figure>The design as indicated in the renders would replace an earlier scheme by Artisan Architects, with a focus on activating Union Lane with glazed shopfronts. Currently a narrow thoroughfare, Union Lane is characterized by its blank walls and roller doors covered in street art and tags. 

The only element of the Artisan Architects design is the entry canopies to Bourke Street which were installed as part of the first stage of works, almost five years ago. 

<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/artisan_architects_walk_arcade_canopies.jpg" rel="gallery-all" title="Entry canopies were installed along Bourke Street Mall as part of Stage 01 works. Image : Artisan Architects"><img alt="" class="image-article-full-width-580px" height="372" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/artisan_architects_walk_arcade_canopies.jpg?itok=8OvaWAP_" title="Entry canopies were installed along Bourke Street Mall as part of Stage 01 works. Image : Artisan Architects" width="580"></a>

<figcaption>Entry canopies were installed along Bourke Street Mall as part of Stage 01 works. Image: Artisan Architects</figcaption></figure><blockquote>
Situated in the heart of the Melbourne CBD on the Bourke Street Mall, this project involves the refurbishment of seven existing buildings above the Walk Arcade and the construction of a new 10 storey building on Bourke Street. Once completed, the development will provide 466 new apartments and 1500 m2 of extra retail space in the mall.

The project presents a well-considered response to the difficulty of placing a residential complex in the heart of a commercial precinct. The new 10-storey building uses a vertical screen to provide visual privacy to the apartments as well as sun protection.

At the lower level, the screen is used as a backdrop to a full size photographic image of the building that occupied the space in the 1920's. At night time, the new building will become a lantern on Bourke Street Mall with the screen revealing the activities behind.

- Artisan Architects
</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/artisan_architects_walk_arcade.jpg" rel="gallery-all" title="Artisan Architects' unbuilt scheme for The Walk Arcade as seen from Bourke Street Mall. Image : Artisan Artchitects"><img alt="" class="image-article-full-width-580px" height="362" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/artisan_architects_walk_arcade.jpg?itok=NNaHbh_e" title="Artisan Architects' unbuilt scheme for The Walk Arcade as seen from Bourke Street Mall. Image : Artisan Artchitects" width="580"></a>

<figcaption>Artisan Architects' unbuilt scheme for The Walk Arcade as seen from Bourke Street Mall. Image: Artisan Architects</figcaption></figure> 
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Updated designs for The Walk Arcade & Hotel revealed?

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A retail property in Melbourne's Royal Arcade is on the market for the first time in 30 years with price expectations above $30 million.
The property, 331-339 Bourke Street is currently tenanted by Bankwest and is the first Bourke Street Mall sale listing since 2004.
Colliers International’s Oliver Hay, Daniel Wolman and Matt Stagg have been appointed to the international expressions-of-interest campaign, closing Wednesday, April 26.
Mr Hay said the shopfront was anticipated to fetch more than $30 million, with its sale signalling the first transaction in the sought-after shopping strip for about 13 years.
“Bourke Street Mall has long been considered the ultimate address for an Australian trophy asset,” he said.
 Expressions of interest for Royal Arcade’s Bankwest shopfront in Bourke Street Mall close on April 26 at 3pm.
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