CostaFox

A former tea warehouse in Southbank is set to be transformed under the latest plans to build a new precinct.

The historic Robur Tea House site is set for a hotel, apartment, office, retail and dining hub with its buildings up to 25 storeys high.

The $89m proposal to surround historic Robur Tea House in Southbank with seven new buildings has yet to be considered by the City of &shy;Melbourne.

New buildings between three and 25 storeys tall would be built around it on the 2948 sqm plot.

Apartments are proposed for levels 16-25.

<a href="/developments/southbank-vic-3006"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/template_photoshop_southbank_0.jpg" width="1200" /></a>

Developer CostaFox Developments Pty Ltd bought the property for $28 million last year.

The Melbourne developer has a track record of incorporating historic buildings into new developments as in 2014, it won the Australian Property Institute heritage property award for its redevelopment of the former Art Deco Tip Top Bakery, in Brunswick East.

A 2017 application for a 39-storey development of the tea warehouse was rejected by Heritage Victoria.

The six-storey warehouse was built in 1889 at 28 Clarendon Street, then ranked for years after completion as the tallest structure outside of the Melbourne CBD.

CostaFox director Michael Fox told the realestatesource.com.au website that &ldquo;the plan was to create an international hotel with branded residences, a complete refurbishment of the old Tea House building that will include world class retail and hospitality offerings together with a new public realm and forecourt&rdquo;.

A former tea warehouse in Southbank is set to be transformed into a new precinct designed by Oslo architectural practice, Snøhetta

jchancellor

Former Southbank tea warehouse transformation back on the boil

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Developers continue to stake their claim in Fishermans Bend, as the State Government prepares to release the draft Fishermans Bend Framework which will outline the future composition of the massive urban renewal area.

CostaFox Developments has entered Fishermans Bend at an interesting juncture, lodging an application for a prime Dockland site in the shadows of the State Government announcement. Sited behind Yarra's Edge's low-rise townhouse enclave, CostaFox's 111 Lorimer Street is a 4,109sqm plot on the northern border of Fishermans Bend.

Fishermans Bend's development lull was snapped last week, as <a href="/news/fishermans-bends-development-scene-rumbles-back-to-life">news on three major projects broke</a>.

<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/imagecfox.jpg" rel="gallery-all" title="CostaFox's Fishermans Bend tower."><img alt="" class="image-article-full-width-580px" height="738" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/imagecfox.jpg?itok=jRglhlqJ" title="CostaFox's Fishermans Bend tower." width="580"></a>

<figcaption>CostaFox's Fishermans Bend tower.</figcaption></figure>CostaFox have also taken to the front foot, outlining their aspirations for 111 Lorimer Street to the media.

Provisional plans include 396 apartments and 3,841sqm of retail and commercial space, with the latter spread over two dedicated levels. Across the scheme, a further 3,390sqm is dedicated to residential amenities. 

Rothelowman have designed the 40-storey scheme which includes 1, 2, 3 &amp; 4 bedroom apartments. CostaFox adding a proportionately high number of larger apartments which is expected to reflect the project's targeted buyer demographic.

<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/image5rlfb.jpg" rel="gallery-all" title="Rothelowman's Fishermans Bend catalogue includes South and Johnston Street"><img alt="" class="image-article-full-width-580px" height="188" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image5rlfb.jpg?itok=EBeX_hbI" title="Rothelowman's Fishermans Bend catalogue includes South and Johnston Street" width="580"></a>

<figcaption>Rothelowman's Fishermans Bend catalogue includes South and Johnson Street</figcaption></figure>111 Lorimer Street's submission represents CostaFox's first entry into the Apartments.com.au Project Database. 

The relatively new South Yarra-based property outfit is the coming together of Michael Fox and Robert Costa.

Under the guise of Little Projects, Michael Fox has experience within Fishermans Bend, guiding nearby <a href="/developments/docklands-vic-3008">85 Lorimer Street</a> through the approvals process, consequently securing the right to develop 940 apartments across dual towers.

Rothelowman on the other hand can notch another major project up within Fishermans Bend, although none have yet to reach construction.

Developer Australia Ruiyi has the Rothelowman-designed <a href="/buildings/south-15-thistlethwaite-street-south-melbourne">South</a> at sales, whilst another approved design at <a href="/new-apartments/60-82-johnson-street-south-melbourne">60-82 Johnson Street</a> is controlled by local developer Salvo Property Group.
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