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

Docklands

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Move-in date is approaching for buyers in Melbourne's latest Docklands apartment complex, The Docklands Residences.

The 88 apartments have been built above a 200 room Marriott Hotel, the first built in Australia for over two decades.

It allows apartment buyers access to onsite amenities rarely seen in regular apartment developments across the country.

They will be able to enjoy the use of 5-star hotel amenities including a spectacular infinity pool with views across Melbourne, its adjoining pool bar, a gym, sauna and spa, as well as Marriott’s hotel services such as room service, concierge and housekeeping.

Urban recently spoke to Jesse Lindardi, director at architecture firm DKO, and Mohan Du, founder and chief executive of Capital Alliance, about The Docklands Residences design and why the Docklands area was chosen for the development.

[smartcode_project:default project_id=3205]

JR: What was the brief DKO Architecture were given for the project? 
JL: The brief was to create a sleek and modern hotel that boldly illustrates the evolution of the 5-star Marriott brand while providing integrated residences where owners can experience all of the amenities a premium hotel can provide.

The result is a distinguished design housing 200 first-class hotel rooms as well as 110 contemporary residences across dual towers.

JR: Where was the inspiration from the design drawn from? Any building/experience in particular? JL: To find inspiration for the form of the building, we only had to look at the luxury yachts around Docklands. Our architecture is imbued with a similar elegant, curved design.

A translucent screen wraps around the building, providing winter gardens enclosed in glass, with the curved façade providing multiple and enviable aspects of the water, the city and the Bolte Bridge. Sleek, sculptural, sophisticated - the architecture of Marriott Docklands presents a new landmark of luxury inspired by the timeless style of the city at its door.

<a href="/buildings/the-docklands-residences-3-43-waterfront-way-docklands"><img alt="" height="804" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/docklands_residences_3_0.jpg" width="1200"></a>

JR: What was the most difficult part of the planning process? JL: The most difficult part of the planning process was ensuring the building didn’t negatively affect the street’s pedestrian experience.

The building’s form and orientation were carefully considered to minimize overshadowing to the nearby NewQuay Central Park, while wind studies determined a more curved form to enable wind to flow around the building, rather than deflecting down to the street.

JR: How important are the amenities to a project like this?  JL: Extremely. There’s an aspiration and expectation from a luxury brand like Marriott – and this is experienced as soon as you walk in the door. Melbourne-based artist, Alexander Knox, has created an impressive sensory public art installation within the lobby. The remarkable large-scale, multi-media piece draws reference from the site’s history and reflects the unique character of its location. 
Not only are there ground-floor restaurants, executive facilities and state-of-the-art function spaces, but sitting high at level 15 is a chic bar capitalizing on the building’s spectacular views. And you can’t forget the stunning rooftop infinity pool. The hotel will be a flagship in Australia and a true example of the Marriott brand’s sophisticated style and innovative functionality.

JR: Was the plan always to have an open rooftop infinity pool? 
JL: There was a desire to create something spectacular for the pool. From 15 storeys high, visitors and residents can take in the wonderful 180-degree views of CBD and Yarra River with the vanishing edge giving the impression you could paddle out among the skyscrapers. At night, tiny fibre optic lights at the base of the pool twinkle to spectacular effect – the perfect place to sip a poolside cocktail.

<a href="/buildings/the-docklands-residences-3-43-waterfront-way-docklands"><img alt="" height="899" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/docklands_residences_2.jpg" width="1200"></a>

JR: What was so appealing about the site and/or the Docklands area? MD: Docklands was always touted as the Waterfront City, often compared to areas nearby Darling Harbour. Needless to say, Docklands has had its difficulties and stigmas. However, it's evident Docklands has changed drastically over the last 5 years.

As a new business at the time, this was an opportunity for us to stand behind and create something that would positively contribute to this fantastic suburb. Therefore, the most appealing aspect of the site was that when no one wanted to invest in Docklands, we saw that as an appealing opportunity. We have taken this approach to all our projects.

JR: What are the benefits for buyers/residents in a mixed-use hotel development? MD: All residents living atop 5-star Melbourne Marriott Hotels Docklands will be able to get exclusive Membership access to a range of services and amenities provided by the hotel. This includes the use of the infinity pool, pool bar, gym, spa, and room service - all with strict adherence to conditions.

Having access to all these services and amenities right at your doorstep offers a unique convenient lifestyle, which we have seen become desirable in other metropolis cities like New York, London, Singapore, and Hong Kong.
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The 88 apartments have been built above a 200 room Marriott Hotel, the first built in Australia for over two decades

Why owner-occupiers love The Docklands Residences: Urban chats with architecture firm DKO and Capital Alliance founder Mohan Du

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Connecting central Melbourne with the historic Yarra waterfront, the inner-city suburb Docklands is comprised of eight distinct precincts, covering 200-hectares.

With its vibrant cosmopolitan culture and world-class facilities, Docklands satisfies the appetite of a variety of homebuyer types.

Amongst Melbourne’s laneways, the bustling CBD and nearby retail and entertainment offerings, Docklands has it all.

Urban takes a look at three stylish brand-new developments in this exciting area. 
 

1. Melbourne Quarter, Docklands 
Address: 628 Flinders Street, Docklands VIC 3008 
One-bedroom apartments from $458,000

[smartcode_project:default project_id=3459]

Offering a collection of 719 one and two-bedroom apartments with an entry price of $458,000, Lendlease’s Melbourne Quarter is the ideal new residence for first home buyers.

Designed by Fender Katsalidis, the project boasts a luxe lobby, concierge and exclusive access to three whole floors of resort-style amenities at Club MQ, such as a multi-use space, pool, theatrette and library.

The homes include contemporary fittings, elegant interiors and panoramic city, river and bay views. 
 

2. Seafarers, Docklands 
Address: 731 Flinders Street, Docklands VIC 3008 
One-bedroom apartments from $825,000

[smartcode_project:default project_id=27728]

Partnering with Australia’s first 1 Hotel, Riverlee’s Seafarers offers a boutique collection of 123 sublimely crafted one, two and three-bedroom residences.

The development heralds a new era in luxury inner-city living in Melbourne’s Yarra River, with exclusive access to luxury hotel amenities, management and services.

Designed by award-winning CARR, each residence is curated to maximise external views, space and natural light, with interiors including reflective surfaces, natural and concealed doors. 
 

3. Voyager, Docklands 
Address: 103 South Wharf Drive, Docklands ViC 3008 
One-bedroom apartments from $601,500

[smartcode_project:default project_id=3494]

Dominating the Docklands skyline with a similar romantic energy to a Manhattan hotel, Mirvac’s latest development is among Melbourne’s most chic high-rise residential towers.

The 43-storey building is thoughtfully designed and luxuriously appointed, boasting 315 contemporary apartments in one, two and three-bedroom configurations.

Voyager offers panoramic city and water views, sleek floor-to-ceiling windows and the precinct’s first-ever rooftop lifestyle space, with skydeck and bar.
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With its vibrant cosmopolitan culture and world-class facilities, Docklands satisfies the appetite of a variety of homebuyer types

max.kwok_55688

3 stylish brand-new homes in Melbourne's Docklands

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A luxury Yarra’s Edge, Melbourne’s Docklands apartment has been sold for $1.75 million.

It previously sold off the plan in March 2002, according to CoreLogic, for $1,581,400, reflecting minimal price growth based on its 2005 settlement,.

The 22nd floor apartment sold off-market through Mia Chen and Kristen Basile of Real Estate Services by Mirvac to an existing client.

The three bedroom, two apartment 2201/90 Lorimer Street, Docklands apartment has 203 sqm space. There is also a study.

The apartment was last advertised as a $1250 a week rental in 2018. Its peak asking rental was $1300 in 2016. It was first listed as a rental in 2007 at $900 a week.

There was a $1.17 million sale in the block last October of a 148 sqm two bedroom apartment on the 24th floor. It had previously sold at $1.04 million in 2016 and $795,000 in 2006.
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It previously sold off the plan in March 2002 for just over $1.5 million

jchancellor

Yarra's Edge, Docklands trophy apartment sold for $1.75 million

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The real estate investor and manager Cromwell Property Group has secured approval for a $350 million mixed-use expansion of its existing Collins Street property in Melbourne’s Docklands Precinct.

The plans are to add a 55-storey mixed-use building to the site at 700 Collins Street which currently homes a 17-level, A-grade office tower which Cromwell have owned since 2004.

The new mixed-use building will comprise 265 apartments, a 4.5 star, 182 room hotel and further 13,000 sqm of office space across 13 levels, as well as a four-storey podium car park with 199 spaces.

The apartments will be a mix of studio, one, two and three bedroom apartments with residents having access to concierge services, a swimming pool and a cafe.

Bobby Binning, Cromwell’s Head of Property, says The Docklands area has come a long way since they purchased 700 Collins Street in 2004.

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"As one of the first commercial towers in the area, we saw the potential early and are now looking forward to investing further in the precinct.”
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<blockquote>
“Overall, Cromwell has line-of-sight to a c$1.1 billion pipeline of new value add development opportunities, and this will be another good example of what we can do in this area.”

“We will consider potential operating partners in the new year,” Mr Binning concluded.
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Cromwell secures $350 million expansion approval of mixed-use Collins St, Melbourne tower

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The combined capital cities are expected to see auction activity ramp up over the week, with a total of 2,593 properties set to go under the hammer, according to CoreLogic data. This week’s scheduled volumes are 24% higher than last week’s final figures which saw 2,085 auctions held. Plus this time last year, a higher 2,804 homes were taken to auction across the combined capitals.

There are over 1,000 homes set to be taken to auction across each of Australia’s two largest auction markets this week. Melbourne is expected to be the busier of the two with 1,153 properties scheduled for auction, an increase of 28% on last week. Sydney isn’t far behind with a total of 1,037 auctions scheduled to take place, an expected rise of almost 20%.

While activity across Melbourne has certainly bounced back from the lows seen throughout most of the second half of the year, volumes are still below 2019 levels with 1,405 homes taken to auction over the same week last year. Meanwhile one year ago in Sydney, volumes were lower at 875.

The remaining smaller markets are all expected to see a rise in activity over the week, with Brisbane set to be the busiest of the smaller cities with 147 auctions scheduled to take place. This is followed by Canberra (115), Adelaide (101), Perth (36) and Tasmania (4).

One example of a property headed to auction in Melbourne this weekend is an apartment at 705/547-551 Flinders Lane. The one-bedroom, one-bathroom apartment in Docklands sits on the top floor of Morgan Place. It goes to auction with a guide of between $291,000 and $320,000.

The apartment sits near the Docklands project Melbourne Quarter at 628 Flinders Street, developed by Lendlease. The Fender Katsalidis-designed East Tower has 719 apartments, a mix of one and two bedrooms which are for sale starting from $458,000. 
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There are over 1,000 homes set to be taken to auction across each of Australia’s two largest auction markets this week.

urban.com.au

Auction volumes up 20% or more across Melbourne and Sydney 

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Our first display suite tour of 2020 is <a href="/buildings/escala-newquay-381-docklands-drive-docklands">Escala NewQuay</a>, located on the ground floor of the Banksia building at Melbourne’s Docklands. Prospective buyers are welcomed into the suite with a series of architectural models, illustrating Escala’s place within MAB Corporation’s master-planned community. While this particular display suite is not a full model home, the impeccable attention to detail within every aspect of the showroom will give buyers a great understanding of how the apartments will look upon completion.

Check out our video tour:

<iframe allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/SchiZqyYFt0" width="660"></iframe>

<a href="/buildings/escala-newquay-381-docklands-drive-docklands">ESCALA NEWQUAY</a> AT A GLANCE

Developer: <a href="/developers/mab-corporation">MAB Corporation</a>

Architect: <a href="/architects/six-degrees-architects">Six Degrees Architects</a>

Location: 2 Glenti Place, NewQuay Docklands

Number of apartments: 173

Construction slated for completion: 2021

<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/escala-newquay-381-docklands-drive-docklands-edf4f111df3ac55a886989b740788f9e.jpg" rel="gallery-all" title="Sample floor-plan "><img alt="" class="image-article-full-width-580px" height="224" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/escala-newquay-381-docklands-drive-docklands-edf4f111df3ac55a886989b740788f9e.jpg?itok=omGcygo0" title="Sample floor-plan " width="580"></a>

<figcaption>Sample floor-plan</figcaption></figure>Escala NewQuay is the highly anticipated addition to Melbourne’s Docklands. The multi-residential development raises the bar for modern city living with innovative design, quality building and a focus on community living.

The development is one of the first projects in Melbourne to take on board the Victorian government’s Better Apartments Design Standards. By meeting the architectural criteria, apartments will have liveability at the forefront of design, meaning more spacious, light-filled interiors.

A staggering 75% of the 173 residences have already sold, with buyers drawn in by the developer’s commitment to quality, and unique residential offering.

<h2>Escala NewQuay lofts, apartments and SOHOs</h2>

Designed by Six Degrees Architects, the development comprises one, two- and three-bedroom configurations, with a range of apartments, lofts and SOHOs (home offices) on offer.

<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/escala-newquay-381-docklands-drive-docklands-2aef623b914f32eb5b4274a4713caf5f.jpg" rel="gallery-all" title="Escala NewQuay's stunning facade against a city backdrop"><img alt="" class="image-article-full-width-580px" height="725" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/escala-newquay-381-docklands-drive-docklands-2aef623b914f32eb5b4274a4713caf5f.jpg?itok=g7Bt-CfF" title="Escala NewQuay's stunning facade against a city backdrop" width="580"></a>

<figcaption>Escala NewQuay's stunning glass facade against a city backdrop</figcaption></figure>Lofts

Lofts are split-level one and two-bedroom homes with mezzanine floors. The lofts feature expansive double-height living areas, for heightened opulence and natural airflow.

Apartments

Apartments are available in spacious two and three-bedroom configurations, providing buyers with the option of spacious inner-city apartment living. These homes have luxurious floor-to-ceiling joinery and offer stunning city views.

<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/escala-newquay-381-docklands-drive-docklands-ddc4114dfdb026d063035a5295dc5a3e.jpg" rel="gallery-all" title="Spacious open-plan living at Escala NewQuay"><img alt="" class="image-article-full-width-580px" height="290" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/escala-newquay-381-docklands-drive-docklands-ddc4114dfdb026d063035a5295dc5a3e.jpg?itok=wQb3jaXs" title="Spacious open-plan living at Escala NewQuay" width="580"></a>

<figcaption>Spacious open-plan living at Escala NewQuay  </figcaption></figure>​SOHO

SOHO is a ground-floor residence with a street-frontage, giving buyers the flexibility to create the perfect home office in the heart of Melbourne’s thriving NewQuay.

Amenities + Location

Available to residents is a long list of luxury on-site amenities, which include an indoor heated swimming pool and spa surrounded by garden views and bluestone tiles. There is also a fully-equipped gymnasium, open-air piazza, barbecue area, and a light-filled library with double-height windows overlook a garden vista.

<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/escala-newquay-381-docklands-drive-docklands-7449f7d45d81ac5a072d707ae2e810c3.jpg" rel="gallery-all" title="Escala NewQuay's light-filled library featuring the signature spiral staircase (as seen in the display suite tour)"><img alt="" class="image-article-full-width-580px" height="725" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/escala-newquay-381-docklands-drive-docklands-7449f7d45d81ac5a072d707ae2e810c3.jpg?itok=hfJX2s-L" title="Escala NewQuay's light-filled library featuring the signature spiral staircase (as seen in the display suite tour)" width="580"></a>

<figcaption>Escala NewQuay's light-filled library featuring the signature spiral staircase (as seen in the display suite tour)</figcaption></figure>Escala NewQuay is a stone's throw to the brand-new District Docklands shopping precinct where residents enjoy perusing the open-air shops, catch a movie at the newly established Hoyts cinema, or pick up some fresh produce at The Market. The new Docklands market will feature meat purveyors, bakery treats, a delicatessen, coffee roasters and 25 specialty retailers.

Residents can also access the free City Circle tram and the Capital City Bike Trail, which are right on Escala NewQuay’s doorstep. Within walking distance is Marvel Stadium, Flagstaff Gardens and Library at the Dock.

For those who travel a lot, the trip will be made even more seamless with access to the convenient Skybus Airport Shuttle, which picks up NewQuay residents from its District Docklands stop every half an hour. For families looking to move to NewQuay, a brand new Docklands Primary School with Giraffe Early Learning Centre is scheduled to open soon.

Homes start at $609,000 with an anticipated development completion of 2021. Want to learn more about Escala NewQuay? <a href="/buildings/escala-newquay-381-docklands-drive-docklands">Reach out to the sales agent today</a>.
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Olivia Round

Urban’s tour of the Escala NewQuay display suite

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AFL premiership fancies GWS Giants have taken up a lease for a 77 sqm Docklands suite near the league’s headquarters in the Melbourne CBD. 
Samuel Friend and Stephen Land of Fitzroys negotiated the three-year lease with a two-year option at Suite 101/198 Harbour Esplanade, just moments from AFL House and the adjacent AFL-owned Marvel Stadium.
The Giants agreed to pay $450 per sqm with 3% annual increases for its new Melbourne offices.
Friend said more than 50 enquiries were received during the campaign.
He stated, "the suite offers ample natural light with fantastic views west overlooking the harbour and towards the Bolte Bridge, and as expected attracted tenants from a range of industries including tech companies, law firms, not-for-profits and media agencies."
“For the Giants, the suite presented an excellent opportunity to set up an office conveniently close to AFL House and enhance their communication capabilities with the league.
“Spaces of this type attract a great deal of attention when they become available, as vacancies across Docklands have continued to firm in the first several months of 2019 and are now at the tightest level of any of Melbourne’s central precincts," Friend concluded.
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j.ballantyne1990-6AQqhLzZaK

GWS Giants take up Dockland lease near AFL House

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The Melbourne HQ of ASX-listed Bendigo and Adelaide Bank has been listed for sale, with expectations it could sell for more than $80 million.
The 2005 built Docklands office block at 120 Harbour Esplanade been listed by the Singapore-based owners Wharf Street Investments. 
Its 8,300 sqm of net lettable area is 100% leased to Bendigo and Adelaide Bank, one of Australia's largest retail banks, until 2025.
CBRE’s Kiran Pillai, Mark Coster and Neva Courts and Colliers International’s Trent Preece, Matt Stagg and Anna Cavar are set to market the property through an international expressions of Interest campaign.  
CBRE’s Kiran Pillai said the listing provides one of the first major tests of Melbourne’s office investment market in 2019. 
“The Docklands precinct is one of the strongest performing office markets in the country. Limited future supply of new buildings, significant investment into transport infrastructure and surrounding amenity have heightened demand with vacancy rates tipped to drop below 0.7%,” Pillai said. 
“With rents at the property coming off a low base, the property offers investors the opportunity to secure a high-quality building with an excellent covenant plus strong prospects for short and medium-term rental growth.”
Colliers International’s Trent Preece said he expects the offering to generate a strong level of interest from both offshore and domestic investors, given the quality of the asset and lack of recent major investment opportunities in Melbourne,
"The property is strategically positioned to capitalise on the State Government’s recent $225 million commitment to upgrade the adjoining Marvel Stadium, which will transform the precinct into a truly world class sports and entertainment hub.” 
 
 
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jrobinson-rf4aSBido9

$80m expectations as Bendigo Bank‘s Melbourne HQ hits market

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Australian global insurer QBE will join anchor tenant ANZ in Victoria Harbour’s latest commercial building at 839 Collins Street.

QBE will occupy around 6,000sqm across three floors and will move approximately 400 employees from 628 Bourke Street by mid-2019. ANZ has already leased 26,500 sqm of the building.

Designed by award winning architect Denton Corker Marshall, the building’s floorplate designs give clients the flexibility to scale their workplace operations up or down without the need to lease extra space.

All tenants have access to a north-facing outdoor garden and terrace with a multi-purpose sports court, event spaces and BBQ facilities, helping to extend the workplace outdoors.

A vibrant mix of retailers will open at 839 Collins Street throughout the year. This includes the lobby’s restaurant and café, The Other Brother, operated by Melbourne hospitality venture Continental Hospitality Group.

The building, featuring a low-energy underfloor air conditioning system that also improves indoor air quality, is on track to achieve a 6 Star Green Star Design and As Built rating from the Green Building Council of Australia. The Victoria Harbour precinct has already achieved a 6 Star Green Star Communities rating.

The 39,000sqm building is now close to being fully leased and will reach practical completion in March this 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/839_render_terrace.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="392" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/839_render_terrace.jpg?itok=7LVR9ndT" width="580"></a></figure><blockquote>
 839 Collins Street is a great example of Lendlease developing next generation workplaces where the focus is on innovation and the end customer.

 The Victoria Harbour precinct now has one of the highest concentrations of Green Star rated buildings in Australia and is home to some of the nation’s most recognisable brands. The arrival of large commercial tenants like QBE and ANZ continues to transform the area into a key mixed-use precinct.

- John Burton, Lendlease’s Managing Director, Urban Regeneration
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Lendlease

Lendlease welcomes QBE to Victoria Harbour

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Developer Lendlease has announced that it has secured International Workplace Group’s (IWG) co-working brand, Spaces at its Melbourne Quarter precinct within Melbourne's Docklands urban regeneration project.

Spaces will occupy approximately 7,000 sqm of space across two buildings comprising, one floor within the recently completed One Melbourne Quarter, and upon completion, more than 4,000 sqm across two floors at Two Melbourne Quarter, currently under construction.

As part of their tenancies, Spaces will also utilise the business lounge facilities in each building’s lobby providing extensions of their workplace with members also having access to the precinct’s wi-fi enabled Sky Park.

<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/mq_towers.jpg" rel="gallery-all" title="Spaces will be occupying 7000sqm across two buildings at Lendlease's Melbourne Quarter. Images: Lendlease"><img alt="" class="image-article-full-width-580px" height="404" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/mq_towers.jpg?itok=bkdniqqz" title="Spaces will be occupying 7000sqm across two buildings at Lendlease's Melbourne Quarter. Images: Lendlease" width="580"></a>

<figcaption>Spaces will be occupying 7000sqm across two buildings at Lendlease's Melbourne Quarter. Images: Lendlease</figcaption></figure>Overall, Spaces will provide 700 flexible workstations when it moves into One Melbourne Quarter in May and Two Melbourne Quarter once it is complete in mid-2020. Space will join future Melbourne Quarter tenants AMP and EnergyAustralia,and Arup and Lendlease, who have already taken occupation of their respective workspaces within One Melbourne Quarter.

According to Spaces, its model allows customers to pay only for the space they need, scaling operations up or down to boost employee productivity in their choice of work environments.

Meanwhile, construction is continuing in earnest at Melbourne Quarter with Two Melbourne Quarter's floorplates and core now well above street level and the first panels of facade now installed on East Tower. 

<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/tmq_construction_progress.jpg" rel="gallery-all" title="Construction progress at Melbourne Quarter. Images: Urban forum member redden"><img alt="" class="image-article-full-width-580px" height="216" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/tmq_construction_progress.jpg?itok=4xDRYuIh" title="Construction progress at Melbourne Quarter. Images: Urban forum member redden" width="580"></a>

<figcaption>Construction progress at Melbourne Quarter. Images: Urban forum member redden</figcaption></figure><h2>What they say...</h2>

<blockquote>
Spaces’ presence at Melbourne Quarter will provide businesses with more adaptable and dynamic places to work. Lendlease is designing precincts with flexible workspaces that provide transport connectivity, outdoor green spaces and retail amenity in one location.

Spaces will introduce a broad range of organisations to Melbourne Quarter, presenting an exciting proposition for the precinct’s existing workforce and retailers.

- John Burton, Lendlease’s Managing Director, Urban Regeneration
</blockquote>

 

<blockquote>
There is a workspace revolution underway in Australia and businesses of all sizes are waking up to the strategic and financial benefits that flexible office space can provide.

This will be the fourth Spaces co-working centre located in Victoria and we are extremely excited to be located in the new Melbourne Quarter Precinct. This year, the growth of flexible working is predicted to rise across Australia, as more office-based activity is demanding greater choice and flexibility in the workplace, for businesses, organisations and their employees.

- Damien Sheehan, Head of IWG, Spaces parent company in Australia &amp; New Zealand
</blockquote>

 

 
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