South East Queensland developer&nbsp;<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a>’s entry into the Gold Coast apartment market has progressed from pipeline to market, with its Chevron Island project Bronze on Chevron now formally available to purchase ahead of a planned 2029 completion.

The 119-apartment development on Mawarra Street marks the Brisbane-headquartered builder-developer’s first residential play in the Gold Coast, following its expansion south from Brisbane and the Sunshine Coast.

<a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-surfers-paradise-qld-4217">Bronze on Chevron</a> comprises a mix of two-, three- and four-bedroom residences, with pricing starting from just over $1.5 million. The project is being delivered under Gardner Vaughan’s fully integrated model, with the group acting as both developer and builder, a structure it has consistently applied across its South East Queensland portfolio.

[smartcode_project:default project_id=107520 project_image_fid=367182]

Architecture has been designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jeremy-ferrier-landscape-design">Jeremy Ferrier</a>. The building presents as a single-tower scheme, with a focus on maximising outlook across both the Surfers Paradise skyline and the Nerang River.

Apartments have been planned with open-plan living zones extending to generous balconies, a response to the site’s dual-aspect positioning between river and ocean. Interiors follow a restrained coastal palette, with two colour schemes offered, and an emphasis on natural light and cross-ventilation.

[smartcode_project:default project_id=107520 project_image_fid=367181]

Resident amenity is concentrated across more than 1,250 sqm and includes a resort-style pool, gym, yoga lawn and rooftop entertaining areas. A function space with catering facilities forms part of the upper-level offering, alongside north- and south-facing outdoor areas.

Ground level will incorporate two retail tenancies, intended to extend the existing village character of the surrounding streets.

&nbsp;

[smartcode_project:default project_id=107520 project_image_fid=367200]

The project sits within walking distance of Thomas Drive’s established dining strip, while maintaining proximity to <a href="https://www.apartments.com.au/developments/surfers-paradise-qld-4217">Surfers Paradise</a> beach and broader Gold Coast amenity. The location, positioned on Chevron Island between the river and coastline, has increasingly attracted mid- to high-density development in recent years as the precinct evolves beyond its low-rise origins.

Gardner Vaughan’s move into the Gold Coast was first signalled in 2025, with the group identifying the region as a natural extension of its operations. Chief Executive Officer Simon Betteridge described the expansion as both “strategic and natural”, citing demand for well-designed apartments in lifestyle-driven markets.

Construction is expected to complete in early 2029.

[smartcode_project_cta:default project_id=107520]

Joel Robinson

Gardner Vaughan brings Bronze on Chevron to market as Gold Coast debut

One of the penthouses at Lily Lane, the latest stage of Carrington Place by Ellipse Property, has set a new local apartment price record.

The four-bedroom residence, purchased by a local downsizer, sold for $5.75 million—around 75 per cent higher than the previous record of $3.3 million.

Over 40 per cent of the first release of apartments at&nbsp;<a href="https://www.apartments.com.au/new-apartments/lily-lane-at-carrington-place-castle-hill-32-carrington-road-castle-hill-nsw-2154">Lily Lane</a> have already been snapped up just six weeks since it launched to the market.

&nbsp;

Located at 32 Carrington Road, <a href="https://www.apartments.com.au/developments/castle-hill-nsw-2154">Castle Hill</a> and designed by award-winning architects <a href="https://www.apartments.com.au/architects/ptw">PTW</a>, Lily Lane is directly opposite the Hills Showground Metro station. It offers a total 213 units over two 12-storey towers - a mix of 67 one-bedroom, 100 two-bedroom and 46 three-bedroom apartments - with a ground-floor retail offering.

[smartcode_project:default project_id=151821 project_image_fid=368352]

Blake Schulze, National Director – Residential at <a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a>, says around 44 per cent of buyers are&nbsp;owner occupiers, with 35 per cent being investors and 21 per cent first homebuyers.

“Developments of this calibre are very rare in the Hills District, and Lily Lane’s sales success demonstrates the depth of demand for over-sized apartments that genuinely compete with freestanding homes," Schulze says.

"We are seeing particular demand from downsizers who want to remain in the area but transition into spacious, high-quality apartment living."

On the penthouse sale, it says it shows buyers&nbsp;are prepared to pay a premium for scale, quality, and direct access to the Metro.

[smartcode_project:default project_id=151821 project_image_fid=368351]

One-bedroom apartments are sized from 50-72 sqm with prices starting at $745,000, while two-bedrooms are priced from $990,000 with sizes from 75 to 132 square metres. Three-bedroom floorplans are sized between 97 and 182 sqm,, with prices starting at $1,395,000.&nbsp;

The three remaining penthouses, spanning up to 262 sqm, are priced from $2.9 million.

Over 75 per cent of apartments include dedicated studies, multipurpose rooms or family rooms, with select layouts offering walk-in pantries and laundries. Apartments are appointed with premium Miele appliances including ovens, washing machines, dryers, gas cooktops and dishwashers, while larger residences also incorporate integrated Miele microwaves, Fisher &amp; Paykel integrated refrigerators and five-burner Miele cooktops.

[smartcode_project:default project_id=151821 project_image_fid=360285]

Lily Lane will be constructed by award-winning iCIRT-rated builder <a href="https://www.apartments.com.au/builders/decode">Decode Group</a>, with construction to commence in mid-2026 and expected to complete early 2029.

Carrington Place comprises more than 800 apartments and is being delivered across multiple stages, with completion expected in 2032. Integrated with neighbouring bushland, the project will feature over 20,000 sq, of outdoor recreational area, including a one-kilometre boardwalk to Fred Caterson Reserve.&nbsp;

The Hills Showground Metro Station is just a two-minute walk away, offering fast connectivity to Sydney’s CBD, North Sydney, Chatswood, Macquarie Park and Norwest Business Park.

[smartcode_project_cta:default project_id=151821]

Ellipse sets Castle Hill apartment record with $5.75 million Lily Lane penthouse sale

Fresh off completing its Delano Crows Nest development, Lindsay Bennelong has lodged plans for its next project, this time turning its attention to the beach.

The developer, founded by Clarendon Homes founder Peter Campbell, is proposing a 37-apartment scheme at <a href="https://www.apartments.com.au/new-apartments/17-25-ashburner-street-manly-nsw-2095">17-25 Ashburner Street</a>, Manly, positioned between the southern end of <a href="https://www.apartments.com.au/developments/manly-nsw-2095">Manly</a> Beach and East Manly Cove.

Lindsay Bennelong called on local architecture firm Platform Architects to design the new building, given their success on The Finn, Lindsay Bennelong's current luxury apartment project on North Steyne.&nbsp;

According to the Design Verification Statement by Bridie Gough of Platform Architects, the proposal “relates to the current context but also the desired future character of taller buildings suitable to the new planning controls.”

The site has been identified as a Low to Mid-Rise Housing (LMR) location, given its position within 400 metres of the Manly Town Centre E1 Business Zone. The LMR controls are intended to unlock additional housing supply in well-located areas close to public transport, allowing developers to seek increased height limits to support greater density.

“The proposal seeks to provide this increased level of housing whilst being respectful of some of the smaller scale buildings also nearby,” the statement reads.

Lindsay Bennelong Development Director Leigh Manser said the project has been carefully aligned with the intent of the LMR controls. The proposal will significantly increase housing yield on the site, replacing four houses and 10 apartments, comprising 25 bedrooms, with 37 new apartments delivering a total of 94 bedrooms.

“Sydney is in a severe undersupply, and delivering more dwellings and more bedrooms than what currently exists is exactly what the LMR policy is designed to activate,” Manser said, noting that nine of the apartments will be allocated as affordable housing for frontline workers.

“We have already commenced discussions with our community housing provider to determine the rental levels that frontline workers can realistically afford in this location,” he said. “These will need to sit well below the standard affordable housing benchmark of 20 per cent below market rent, and that has been factored into our feasibility and pricing.”

<img alt="Manly" data-entity-type="file" data-entity-uuid="ad03000f-19f9-48b4-b27d-e85ca800a1da" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-30%20at%208.41.59%E2%80%AFAM.png?VersionId=a.txHwCZgbCInlQ6QXbIrI.umvW1T.r8" />

The design of the building incorporates a wave-like indentation running through the façade, referencing the nearby coastline and anchoring the building within its local context.

The&nbsp;Design Verification Statement says careful consideration has been given to the articulation of the building, ensuring the bulk is broken down to a more human scale through a defined four-storey podium."

The scheme includes a mix of one-, two- and three-bedroom apartments.

“The design ensures a high level of amenity, with apartments offering generous private open space, many with expansive views, and all with comfortable proportions."

<img alt="Bennelong" data-entity-type="file" data-entity-uuid="6a7f2812-72a1-4959-84b0-997e8cd88aed" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-30%20at%2010.15.50%E2%80%AFAM.png?VersionId=6iMxU3MkXmHVHAoNhYBjnqgka8CUZNbk" />

<a href="https://www.apartments.com.au/developers/lindsay-bennelong-developments">Lindsay Bennelong</a>&nbsp;is currently developing Finn Manly, just three full-floor luxury apartments on North Steyne. They recently welcomed residents to its 81-unit Delano Crows Nest development, a&nbsp;carefully scaled infill project designed to bridge&nbsp;<a href="https://www.apartments.com.au/developments/crows-nest-nsw-2065">Crows Nest</a>’s lively village centre with its surrounding heritage streets.

Designed by&nbsp;<a href="https://www.apartments.com.au/architects/ajc-architects">AJC Architects</a>,&nbsp;<a href="https://www.apartments.com.au/new-apartments/delano-crows-nest-27-57-falcon-street-crows-nest-nsw-2065">Delano</a>&nbsp;is arranged across three low-rise buildings, incorporating a mix of one, two, and three-bedroom apartments alongside a limited number of townhomes addressing Hayberry Lane. The architectural approach draws on the area’s Art Deco lineage, reinterpreted through contemporary detailing and framed by landscaped communal gardens.

The developer also has a development site in Maroubra.

First look: Lindsay Bennelong's new Manly apartment development revealed

Fifty-nine residences across 37 levels. No more than two per floor. With 80 per cent now sold, what remains at <a href="https://www.apartments.com.au/new-apartments/madeline-by-mosaic-broadbeach-22-mary-avenue-broadbeach-qld-4218">Madeline by Mosaic</a> is a short list.

Madeline was always conceived at a scale that sits outside the normal register of Gold Coast apartment living. The residences are half- and full-floor configurations, with the largest spanning more than 400 sqm, dimensions that place them closer to the penthouse end of the market regardless of where they sit in the building.

That scale is the organising principle of everything else: how the floorplans are laid out, how the materials read, how the connection between inside and outside works.

[smartcode_project:default project_id=150135 project_image_fid=355941]

The interiors were developed in collaboration with <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser &amp; Partners</a>, the architecture practice&nbsp;<a href="https://www.apartments.com.au/developers/mosaic-property-group">Mosaic</a> brought in as design partner for the first time on this project. The palette runs to natural stone, textured timbers, and soft metallics, materials chosen as much for their tactile quality as their appearance.

Light cleverly shifts across surfaces through the day, and the design is explicit about wanting that to be noticed. Full-height glazing runs across the primary living areas, and where the building faces east toward the ocean, those walls of glass are doing real work: framing a view corridor that the site's position directly opposite Broadbeach State School's playing fields keeps permanently open.

That outlook is the site's most consequential asset. In a suburb where new towers continue to rise, a protected view line is genuinely rare, and the Mary Avenue address secures it. Residents at Madeline will look out over open parkland rather than the rear of another building, a distinction that becomes more meaningful with each new development approved nearby.

[smartcode_project:default project_id=150135 project_image_fid=355939]

The private outdoor spaces are sized to match the residences themselves. Terraces on the upper levels frame uninterrupted ocean panoramas, and the planning ensures that living areas extend into those outdoor zones rather than treating them as separate attachments. The flow between the two is part of the design intent, not an afterthought.

Inside, the finish specification reflects the same approach. Rich stone benchtops, warm timber joinery, bespoke hardware, each element specified to hold up over time rather than read as a moment in a particular trend cycle.

[smartcode_project:default project_id=150135 project_image_fid=3409]

Beyond the residences, the amenity offering extends that register. A lap pool and sun deck anchor the outdoor space, alongside a magnesium pool, cold plunge, steam room, and sauna.

A commercial-grade gymnasium, residents' lounge, library, and boardroom round out a programme that functions more like a private members club than a standard building amenity floor.

Construction has commenced under Mosaic's in-house building arm, with completion scheduled for late 2028.

[smartcode_project_cta:default project_id=150135]

Madeline by Mosaic delivers penthouse-level living across every apartment

Developer Fortezza Group is the latest to take its new apartment development, <a href="https://www.apartments.com.au/new-apartments/the-belvedere-5-7-church-street-nelson-bay-nsw-2315">The Belvedere in Nelson Bay</a>, to the NSW Government.

Fortezza, predominantly a South East Queensland developer, is the latest to apply for State Significant Development&nbsp; status through the NSW Government's Housing Delivery Authority, a pathway becoming favoured by developers to speed up the approval process.

They are planning 57 two- and three-bedroom apartments across 5-7 Church Street and 42 Donald Street, near d'Albora Nelson Bay Marina. The diverse apartment mix has sizes from just over 80 sqm to the largest three-bedroom penthouses that reach nearly 200 sqm.

<img alt="Fortezza" data-entity-type="file" data-entity-uuid="090360e1-66d7-43ad-b686-aba81f173bf2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-29%20at%2010.22.40%E2%80%AFAM.png?VersionId=DMqF96eBZolqSAAAcugX0l66ueWng66m" />

Fortezza calls the project a "piece of Istria in Nelson Bay,"&nbsp;referring to the largest peninsula in the Adriatic Sea, shared by Croatia (90%), Slovenia, and Italy, which is known for its Roman history, Venetian-style coastal towns and inland hilltop villages.

They say the The Belvedere is strategically positioned at the apex of Nelson Bay, offering unrivalled views of the ocean, the bay and captivating topography of the area.

"Our commitment to maintaining the integrity of every view and sight line has been relentless," Fortezza Group says.

"Through extensive modelling and analysis, we ensure that each apartment enjoys the natural beauty of Nelson Bay, regardless of future developments. Each design element is carefully curated to harmonise with our European heritage, drawing profound inspiration from the Roman architectural marvels in Istria. The arches, the cascades of greenery and the stonework that define our project pay homage to the structures that once exemplified Roman grandeur."

Residents will have access to a pool, communal green spaces, an office and a coffee shop.

First look: Fortezza Group takes The Belvedere, Nelson Bay apartment development, to NSW Government

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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