Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/FH_1EzB-1vs?si=XScVlP1ERsTDJoME" title="YouTube video player" width="560"></iframe>

"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

[smartcode_project:default project_id=135096 project_image_fid=356818]

After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

[smartcode_project:default project_id=135096 project_image_fid=356828]

Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/tsioMLcnjas?si=zq-ys3JuWpfa5hFv" title="YouTube video player" width="560"></iframe>

The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

[smartcode_project:default project_id=135096 project_image_fid=356829]

Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

[smartcode_project:default project_id=135096 project_image_fid=351104]

Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

Joel Robinson

From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

Virgate Property Group is preparing to commence construction of Verdé, its new apartment development in Melbourne's Arts Precinct at Southbank, following a strong run of sales that has seen more than half of the project's 173 apartments secured.

Verdé has attracted a broad mix of first home buyers, owner-occupiers upgrading from nearby inner-city suburbs and investors, with younger owner-occupier couples aged between 28 and 45 accounting for the strongest enquiry. Many are already living in Southbank, South Melbourne, Albert Park, Port Melbourne, South Yarra and the CBD.

"Verdé is located in one of the most desirable pockets of southern Melbourne," Blair Property Group Director Darren Blair, who is managing sales at Verdé, said.

"It's within walking distance of the Arts Centre, Royal Botanic Gardens, Albert Park Lake, and Southbank's restaurants and retail. It's a great lifestyle location with strong amenity and liveability, which made it a very attractive choice for the project."

[smartcode_project:default project_id=4661 project_image_fid=372549]

Virgate was already familiar with the precinct, having previously delivered the successful Domain House development in neighbouring South Melbourne. That experience gave the developer confidence to acquire the Coventry Street site and continue expanding its presence in Melbourne's inner south.

"We had been keeping an eye on the site and the broader precinct for a few months before deciding to move forward with the acquisition," Virgate said.

The project was ultimately secured in 2020 following feasibility studies, planning assessments and due diligence, with the brief centred on delivering "a high-quality, considered design that feels both refined and fit for purpose."

[smartcode_project:default project_id=4661 project_image_fid=314259]

Designed by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, Verdé comprises 173 one, two and three-bedroom apartments priced from $599,000. The architecture is distinguished by a faceted glass façade that responds to both the site's outlook and Melbourne's changing light conditions.

According to Bruce Henderson Architects, the coloured glazing gives the building a distinctive identity while also providing privacy and solar shading, with residences oriented to capture views across the bay, city skyline and surrounding parklands.

Inside, <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> has created interiors focused on natural light, efficient planning and enduring materials. Apartments feature engineered oak flooring, natural stone benchtops, floor-to-ceiling glazing and SMEG appliances, while a restrained material palette aims to complement the expansive outlooks rather than compete with them.

[smartcode_project:default project_id=4661 project_image_fid=372550]

Resident amenity has also been designed around everyday functionality rather than occasional use. Facilities include a concierge-serviced lobby, residents' lounge with fireplace, library and co-working space, gym, terrace garden with barbecue facilities, ground-floor café, and package delivery management.

The project's location continues to be one of its strongest drawcards. Positioned on Coventry Street, Verdé sits within walking distance of the National Gallery of Victoria, Arts Centre Melbourne, Royal Botanic Gardens and Albert Park Lake, while Southbank's dining precinct, Sturt Street trams and the new ANZAC Station are all nearby. The surrounding education catchment also includes Melbourne Grammar, Melbourne Girls Grammar, Mac.Robertson Girls' High School and several major university campuses.

The sales team says buyers have responded particularly well to the combination of location, design quality and long-term liveability.

"They're responding really positively to the quality of the design, premium resident amenities and the uninterrupted views. Many also appreciate the location and how connected it is to everything they need."

The ability to secure stamp duty savings before completion has also been a key factor for purchasers, alongside the opportunity to personalise finishes ahead of settlement.

With construction set to commence soon and more than half the apartments already sold, Verdé enters its next phase as one of the Arts Precinct's more established apartment developments, offering remaining buyers an opportunity to secure a residence before construction advances further. Expected completion is scheduled for late 2027.

[smartcode_project_cta:default project_id=4661]

Virgate's Verdé Southbank moves toward construction as sales fly past halfway stage

Downsizer-focused apartment development Kooyongkoot in Hawthorn has been recognised at the 2026 Better Future Melbourne Design Awards, taking home Gold and Silver awards in two categories.

<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a>, currently being delivered by developer PQD and designed by Cera Stribley, received Gold in the Interior Design – Proposed category and Silver in the Architecture – Proposed category.

The dual recognition reflects the design approach behind the boutique development on prestigious Kooyongkoot Road, where the focus has been on creating homes for downsizers seeking the space, quality and functionality of a detached house within a low-rise apartment building.

Rather than maximising apartment numbers, <a href="https://www.apartments.com.au/developers/pqd">PQD</a> and <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> limited the development to just 18 residences, allowing for larger floorplans, greater privacy, generous landscaping and expansive communal spaces.&nbsp;The majority of the apartments also benefit from corner aspects, allowing for dual sources of natural light.

Now around 70 per cent complete and on track for completion in November 2026, Kooyongkoot will comprise a mix of garden residences, ter​race apartments, sub-penthouses, and is crowned by two half-floor penthouses with direct lift access and private rooftop terraces.

[smartcode_project:default project_id=102717 project_image_fid=355297]

The Silver Award for Architecture recognised the way the building responds to its prominent corner position at the ent​rance to Hawthorn's Scotch Hill precinct, one of Melbourne's most established residential neighbourhoods.

Rather than competing with the grand homes that line Kooyongkoot Road, the architectural approach focused on restraint and longevity, using curved brickwork, generous landscaping and carefully considered proportions to integrate with the existing streetscape.

"The form feels fluid and timeless, as though shaped by the landscape itself – architecture that belongs, rather than competes," said Chris Stribley, Co-Founder and Managing Principal of Cera Stribley.

The judging submission also highlighted practical innovations throughout the building, including lift cores servicing only nine homes each, a central landscaped lightcourt designed to bring daylight and ventilation into the building, and fully enclosed private storage rooms with lighting, power and shelving to better accommodate residents transitioning from larger family homes.

[smartcode_project:default project_id=102717 project_image_fid=355293]

The Gold Award for Interior Design recognised the project's focus on long-term liveability rather than display-home aesthetics.

According to the awards submission, the interiors were designed from the inside out, prioritising how homes would function over decades of daily use through generous proportions, practical storage, durable natural materials and flexible layouts.

The specification includes natural stone throughout, upgraded acoustic glazing, V-ZUG appliances and fully enclosed storage rooms, alongside an amenity offering focused on wellness, entertainment and everyday convenience.&nbsp;

Residents will have access to a gym and yoga studio, a wellness centre featuring traditional and infrared saunas, a cold therapy shower and treatment room, as well as a residents' lounge and golf simulator/cinema room for entertainment.&nbsp;Kooyongkoot has also considered the everyday convenience of its residents by offering a private carwash and pet wash facilities on site as well as dedicated parcel lockers and oversized fully enclosed storage rooms.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The project's attention to detail has already resonated with buyers. Earlier this year, Kooyongkoot recorded one of Boroondara's highest apartment sales when an $8 million penthouse was purchased by a Melbourne CEO downsizing from a nearby family home.

"Every detail feels deliberate, from the overall design down to the smallest touches," the purchaser said.

"The level of quality and refinement is exceptional, but what really sold it was how liveable it felt... It felt like a place where everything had been considered, not just a luxury building."

[smartcode_project:default project_id=102717 project_image_fid=355304]

Sustainability also formed a key part of both award submissions. Kooyongkoot is targeting a minimum 7.5-star NatHERS rating across all residences, supported by passive design principles, high-performance glazing, EV charging infrastructure, water reuse systems and a wellness model focused on lower-energy dry facilities rather than pools and large wet areas.

Located within walking distance of Scotch College, Methodist Ladies' College, Koo​yong Lawn Tennis Club, Aubur​n Village and Camberwell Junction, Kooyongkoot continues to target owner-occupiers looking to remain in Melbourne's inner east without compromising on space or quality. A limited selection of two, three and four-bedroom residences remains available, with prices starting from $1.9 million.

[smartcode_project_cta:default project_id=102717]

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

The apartment price gap drawing Sydney buyers west

A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

Docklands

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Lendlease conceived 888 Collins Street as Victoria Harbour's stand out residential tower, and that aim has been recognised at this year’s Victorian Urban Development Institute of Australia’s Awards for Excellence.

In facilitating the project located on the corner of Bourke and Collins streets, Lendlease enlisted architects Woods Bagot to conjure the design. Now the auspiciously addressed 888 Collins Street has been recognised as the state's premier residential tower, securing a win in the High Density Development (above 10 storeys) category.

A field of eight projects was considered for the category, with the judging based upon "urban form, community creation, innovation features and environmental and engineering considerations, highlighting quality and innovation across the urban development industry."

<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/image2vic.jpg" rel="gallery-all" title="888 Collins Street. Image: Trevor Mein"><img alt="" class="image-article-full-width-580px" height="933" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image2vic.jpg?itok=1a2RNrjy" title="888 Collins Street. Image: Trevor Mein" width="580"></a>

<figcaption>888 Collins Street. Image: Trevor Mein</figcaption></figure>888 Collins Street's grandest public gesture is the Light House installation by artist Bruce Ramus which covers the lower 15 storey tower's entire facade.

Light House was conceived as a real-time weather display that responds to data from the Bureau of Meteorology by illuminating the building’s façade each night. The project also scored a 5-Star Green Star design rating from the Green Building Council of Australia, plus an average 7.2 Star Nationwide House Energy Rating Scheme rating.

The project's 578 apartments across two towers are serviced by amenities such as a sky-high golf putting green, pool, gym, spa, business lounge, library and communal rooftop garden.

<blockquote>
888 Collins Street sits among Lendlease’s newest collection of premium harbour-side apartment buildings and represents a blend of innovation in technology, architectural excellence, public interaction and sustainability, while enhancing the precinct’s nearby public amenity.

The tower’s design and orientation gives residents the opportunity to take full advantage of Victoria Harbour’s public spaces, offering waterfront views on the doorstep of Melbourne’s CBD.
<cite>Lendlease Head of Apartments for Urban Regeneration: Ben Christie</cite>
</blockquote>

888 Collins Street's construction coincided with Lendlease's delivery of 889 and 883 Collins Street directly opposite, representing Sydney-based Koichi Takada Architects' first Melbourne project.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image3md.jpg" rel="gallery-all" title="888 Collins Street in sight. Image: Melbourne Dream"><img alt="" class="image-article-full-width-580px" height="669" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image3md.jpg?itok=TfDXvhRH" title="888 Collins Street in sight. Image: Melbourne Dream" width="580"></a>

<figcaption>888 Collins Street with 883 &amp; 889 Collins in the foreground. Image: Melbourne Dream</figcaption></figure>The Urban Development Institute of Australia’s Awards for Excellence also bore fruit for a number of other high-density residential projects.

Woods Bagot scooped the Consultant's Award on both 888 Collins Street and Promenade Aqui in the adjoining Newquay precinct. Riverlee Group secured the Urban Renewal category for Jaques Richmond which transformed a former industrial rock crushing business into an apartment complex, whilst Caulfield's Cantala apartment and townhouse project was awarded the Medium Density Development category.

To see the full list of winners, click <a href="https://www.udiavic.com.au/Awards/2017-UDIA-Awards-for-Excellence">here</a>.
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silvermb

888 Collins Street scores big at Victoria's UDIA awards

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Apartment prices continue to take a hit in Melbourne's harbour development Docklands.
Concerns have been long voiced by experts and regulators that there is an oversupply of apartments in Melbourne.
It is the Docklands that faces sizeable negative growth in units.
The change in median price in Docklands over the past five years is down 5.9%, according to CoreLogic data.   The median sale price in Docklands is $630,000.
1. <a href="https://www.realestate.com.au/property/unit-503-750-bourke-st-docklands-vic-3008?pid=p4ep-pdp%7Csold-pdp:property-history-cta#history" target="_blank">503/750 Bourke Street</a> is a two-bedroom, two bathroom unit that was built in 2005.
The apartment sold for $445,000 in September 2017, well below its previous selling price of $500,000 in October 2007.
The unit was on the market for 290 days and its last listed price was $498,888 - $548,888, according to CoreLogic RP Data. 2. <a href="https://www.realestate.com.au/sold/property-apartment-vic-docklands-125140558" target="_blank">406/815 Bourke Street</a> (pictured above) is a two-bedroom, two bathroom unit that sold for $570,000 in October 2017.
The apartment was on the market for 55 days, according to CoreLogic RP Data.
It was initially listed for $600,000 but its last listed price was $560,000-$580,000.
The unit was built in 2012. Its initial selling price was $660,000 in 2010.
3. <a href="https://www.realestate.com.au/sold/property-apartment-vic-docklands-125366314" target="_blank">409/815 Bourke Street</a> is a one-bedroom unit that sold for $335,000 on July 2017. It spent 67 days on the market.
It was previously sold for $395,000 in June 2012.
4. <a href="https://www.realestate.com.au/property-apartment-vic-docklands-126431954" target="_blank">516/838 Bourke Street</a> is a one-bedroom apartment that fetched $355,000 in its most recent sale in October 2017.
It was on the market for 35 days.
Built in 2009, its previous sold price was $367,000 in 2008, according to CoreLogic RP Data.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/11/24/BourkeSt2.jpg" alt="">
5. <a href="https://www.realestate.com.au/property-apartment-vic-docklands-125907506" target="_blank">516/838 Bourke Street</a> is a two-bedroom unit that sold for $468,000 in October 2017, CoreLogic RP Data shows.
It was on the market for 102 days.
The last sale was in 2008 for $492,000, CoreLogic RP Data shows.
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j.ballantyne1990-6AQqhLzZaK

Price downturn continues at Docklands - five of the latest sellers underwater

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The conical shaped home of the gelato outlet Limonetto at 35 NewQuay Promenade in Melbourne's Docklands has been sold for $740,000.
<a href="https://www.realcommercial.com.au/property-retail-vic-docklands-502566118" target="_blank">The waterfront building</a> sold before auction on a 7.4 per cent yield.
There was a net income of $55,000 p.a. and a new 5 year lease with options.
It had previously been on the market in 2015 but failed to sell.
Colliers International's handled the sale in conjunction with Kenny Oliver of Hocking Stuart Commercial.
The property received multiple unconditional offers before the auction.
<div style="position: absolute; left: 8px; top: 20px; width: 100px; height: 100px;">New layer...</div>
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New landlord for Limonetto - the best homemade gelato found outside Italy at Docklands

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The City of Melbourne earlier this week agreed to provide conditional support for MAB Corporation's NewQuay West Development Plan via its Future Melbourne (Planning) Committee. The revised development plan prepared by DKO Architecture and Aspect Studios was driven by the development of the Ron Barassi Senior Park which necessitated a revisiting of the precinct layout and urban structure.

The area identified as NewQuay West is located to the west of the recently completed Marina Tower and encompasses Ron Barassi Snr Park while being bordered by Docklands Drive and the Docklands FIlm Studios to the north, Bolte Bridge to the west and Victoria Harbour to the south.

<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/20170721_135715_1.jpg" rel="gallery-all" title="The view from Ron Barassi Snr Park towards Marina Tower will change with the development of NewQuay West."><img alt="" class="image-article-full-width-580px" height="437" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/20170721_135715_1.jpg?itok=c27W2i_w" title="The view from Ron Barassi Snr Park towards Marina Tower will change with the development of NewQuay West." width="580"></a>

<figcaption>The view from Ron Barassi Snr Park towards Marina Tower will change with the development of NewQuay West.</figcaption></figure>The 2017 Development Plan has been reconfigured to address Ron Barassi Snr Park, with a series of design principles developed which provide clear direction to ensure a considered approach to the interface of built form to the public realm including the waterfront promenade. 

One of the biggest alterations to the Development Plan has been the layout and type of future built form within the precinct.  Initially proposed as a mix of low-rise linear buildings along the waterfront and high-rise to the rear along Docklands Drive, the new plan proposes five mid to high-rise apartment buildings atop podiums positioned either side of a proposed linear park and an extension of Docklands Drive.

The layout and location of public realm including public open space provision and the southern pedestrian promenade have also been amended with the linear park acting as an extension of the existing park delivered as part of The Merchant and Townhouse developments.

<blockquote>
The NewQuay West Development Plan will deliver an urban waterfront precinct that, while being an extension of existing development further to the east, will create a new and diverse character in the remaining parts of the NewQuay precinct.

The urban structure has been underpinned by the creation of public open space networks extending through the length of the precinct. The open space network is largely defined by the waterfront promenade and marinas and the Ron Barassi Senior Park and Linear Park corridor.

Subsequently, the built form typology, siting and design will be in a large part driven by ensuring an appropriate response to these public spaces and in particular the amenity of Ron Barassi Senior Park and Linear Park. 

- Urban Design Statement, NewQuay West Development Plan 2017
</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/nov17_fmc2_agenda_item_6.jpg" rel="gallery-all" title="Indicative render of NewQuay West. Image: Development Plan 2017"><img alt="" class="image-article-full-width-580px" height="247" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/nov17_fmc2_agenda_item_6.jpg?itok=c-mfAigI" title="Indicative render of NewQuay West. Image: Development Plan 2017" width="580"></a>

<figcaption>Indicative render of NewQuay West. Image: Development Plan 2017</figcaption></figure>The revised Development Plan establishes a series of parameters for tower and podium heights which are listed below.

<ul>
<li>Lot B 120m</li>
	<li>Lot C 120m</li>
	<li>Lot D 95m</li>
	<li>Lot G 75m</li>
	<li>Lot H 75m</li>
</ul>
Podium Heights:

<ul>
<li>Linear Park 20m (4-6 Levels)</li>
	<li>Ron Barassi Senior Park 25m (6-8 Levels)</li>
	<li>Promenade 23m (5-7 Levels)</li>
	<li>Docklands Drive 25m (6-8 Levels)</li>
</ul>
In addition to the information above, the Development Plan also suggests potential options for tower footprints and forms to encourage and facilitate diversity in built form outcomes rather than a generic approach. Similar to DKO's master plan for NewQuay Central, the NewQuay West Development Plan suggests different architects for each building to further provide a visual distinction between each building.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/tower_types_nqw.png" rel="gallery-all" title="Suggested tower form options within NewQuay West. Image: Development Plan 2017"><img alt="" class="image-article-full-width-580px" height="504" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/tower_types_nqw.png?itok=uQL0tFd6" title="Suggested tower form options within NewQuay West. Image: Development Plan 2017" width="580"></a>

<figcaption>Suggested tower form options within NewQuay West. Image: Development Plan 2017</figcaption></figure>Pending Ministerial approval MAB Corporation will likely turn its attention to NewQuay West following completion of Elm and Stone, and the Six Degrees-designed Lot 5 at 375-381 Docklands Drive.

This will essentially complete the NewQuay precinct, save for a wedge of land which has not been included within the NewQuay West Development Plan, but is the likely landing area for a future bridge connection to Victoria Harbour.

 
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Laurence Dragomir

MAB Corporation's NewQuay West a step closer

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Last week the State Goverment released images of the initial designs for the new Docklands Primary School, which is being designed by COX Architecture in conjunction with McGregor Coxall. This follows on from a community engagement process earlier this year, in which the State Government invited submissions outlining aspirations and ideas for the school. 

The community engagement process gave local families and the greater community the opportunity to help inform the design of the school by contributing to the school’s educational philosophy. Community feedback received during this stage was collected and passed on to the design team to help inform the design of the Docklands Primary School's Master Plan.

Prior to this, the Department of Education and Training and some specialist consultants assessed the need for primary and secondary schools in Docklands.

The review covered the Docklands and the immediate surrounding suburbs of North Melbourne, West Melbourne, Melbourne, Parkville and Flemington, and firmly identified the need for a Primary School to service the area.

<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/docklands_front.jpg" rel="gallery-all" title="What the new Docklands Primary School might look like. Image: COX Architecture"><img alt="" class="image-article-full-width-580px" height="155" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/docklands_front.jpg?itok=tm2VVw6e" title="What the new Docklands Primary School might look like. Image: COX Architecture" width="580"></a>

<figcaption>What the new Docklands Primary School might look like. Image: COX Architecture</figcaption></figure>The site of the Docklands Primary school is 259-269 Footscray Road, on the corner of Little Docklands Drive. Its choice was due to its good walking, cycling and public transport connections, whilst the site itself was also large enough to accommodate a modern primary school with outdoor spaces.

The new Docklands Primary School design includes outdoors learning and play terraces, a competition-size indoor court for basketball and netball, and a library and an art room. Its classrooms will be designed to be flexible and responsive, including spaces to support teaching science, technology, engineering and mathematics (STEM).

<blockquote>
It is exciting to see the new Docklands Primary School start to take shape. The school’s design incorporates community feedback and the latest in architecture techniques to create a great local school that will support local families and the local community for decades to come.

We know our state is growing and that is why we are building new schools right across the state.

- Minister for Education James Merlino
</blockquote>

The COX Architecture + McGregor Coxall concept for the school is centred around a 'landscape for learning' concept that includes gardens and outdoor learning spaces that bring education out of the typical classroom environment. This concept is a departure from early concepts developed for a vertical school by Hayball architects which you can read about <a href="/news/a-discussion-on-vertical-modes-of-learning-with-hayballs-richard-leonard">here</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/dps_axo.png" rel="gallery-all" title="Exploded axonometric of program requirements. Image: COX"><img alt="" class="image-article-full-width-580px" height="432" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/dps_axo.png?itok=thVOMLp_" title="Exploded axonometric of program requirements. Image: COX" width="580"></a>

<figcaption>Exploded axonometric of program requirements. Image: COX</figcaption></figure>Design work for the new school is progressing with detailed architectural design now under way to refine the school’s internal layout.

<h2>Docklands Community Engagement Participation</h2>

<ul>
<li>4 week engagement</li>
	<li>4 community workshops and focus groups</li>
	<li>50+ people attended the workshops and focus groups</li>
	<li>118 survey responses</li>
	<li>106 subscribers to the mailing list</li>
	<li>157 comment board votes</li>
	<li>1,445 unique website visits</li>
</ul>
The community engagement process found the following;

<ul>
<li>There is a high level of community support for the new primary school.</li>
	<li>
Architecture and landscape: People are seeking a sustainable school building. They would like to see strong natural elements incorporated, including trees and vegetation. Participants suggested making the best use of the available space through vertical design and innovative ideas such as rooftop gardens, terraces and integration with the surrounding environment.</li>
	<li>
Play and social: There is a desire for students to have play spaces that are open and connected to nature.</li>
	<li>
Community connection: The new school provides an opportunity to create and enhance a sense of community belonging and identity in Docklands. This could be achieved through community spaces at the school, and connecting students to local community facilities.</li>
	<li>
Accessibility: Safe and easy access to the school for pedestrians, cyclists, public transport users and vehicles is important.</li>
	<li>
Curriculum, learners and learning: There is support for an inclusive curriculum that offers a wide range of practical and specialist skills, including a focus on Science, Technology, Engineering and Maths (STEM).</li>
	<li>Celebration of multiculturalism and social diversity is an important consideration.</li>
	<li>There is a high level of community interest in future secondary provision in the area.</li>
</ul>
<iframe allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/zjnmPvZvKfM" width="560"></iframe>
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Docklands Primary School Concept revealed

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Paul H Dainty and Moreen Anderson, authors of The Capable Executive, have spent $1.5 million on an apartment in Melbourne's Docklands.
The 27th floor in the 2013-built Yarra Point building has three bedrooms, two bathrooms and a study.
A balcony off the open plan living and dining area looks out over the Yarra River and the city skyline.
The unit last traded for 1,590,950 in 2013.
This article first appeared in The Weekend Australian Mansions Australia section.
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firstname1-iYD4UYzvBa

Paul H Dainty and Moreen Anderson buy Docklands apartment

Marriott International&#39;s long held <a href="/new-apartments/docklands-vic-3008">Docklands</a> aspirations have been confirmed on the back of developer <a href="/developers/capital-alliance-investment-group">Capital Alliance</a> gaining approval for a mixed-use development last week.

The hotel operator will absorb 200 hotel suites within the <a href="/architects/dko-architecture">DKO Architecture-designed</a> scheme at <a href="/buildings/the-docklands-residences-3-43-waterfront-way-docklands">3-43 Waterfront Way</a>. 110 apartments account for the balance of the development, with the building to be crowned by a publicly accessible infinity pool and bar/dining facilities.

Capital Alliance&#39;s associated media release expects the apartments to be taken up by owner occupiers, with the project&#39;s sales campaign set for launch later this year.

In delivery phase, the $200 million project is expected to create 500 direct and indirect construction and development jobs, with 100 ongoing positions created as part of the Marriott Hotels &amp; Resorts-branded facility. Construction is slated to start mid next year.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/capital_alliance_marriott_approval_view_02_a.jpg" rel="gallery-all" title="The approved new mixed-use Docklands development. Image: Capital Alliance"><img alt="" class="image-article-full-width-580px" height="382" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/capital_alliance_marriott_approval_view_02_a.jpg?itok=anVBIA2g" title="The approved new mixed-use Docklands development. Image: Capital Alliance" width="580" /></a>

<figcaption>The approved new mixed-use Docklands development. Image: Capital Alliance</figcaption>
</figure>

<h2>What they say</h2>

<blockquote>
This will deliver the first contemporary Marriott to Melbourne and its rooftop infinity pool will give the city an experience it has never seen before &ndash; akin to the renowned pool bars and lounges of New York City. Marriott is the world&rsquo;s largest hospitality company and the opportunity it sees in Melbourne and Docklands is a huge compliment to our city.

We are very excited to get started and deliver on our original vision.

This project will be a true destination in Melbourne and something special that will add to the city&rsquo;s tourism potential.
<cite>Mohan Du, Managing Director, Capital Alliance</cite></blockquote>

<blockquote>
We are excited to bring our flagship Marriott Hotels &amp; Resorts brand to Docklands as part of this visionary, mixed-use project. The hotel will be a flagship in Australia and a true example of the Marriott brand&rsquo;s sophisticated style and innovative functionality. We&rsquo;re grateful for Capital Alliance&rsquo;s support.
<cite>James Doolan, Regional Vice President Hotel Development, Marriott International</cite></blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image13_18.jpg" rel="gallery-all" title="Corno Nero's bid for Malvern. Planning image: D-Arc Architects"><img alt="" class="image-article-full-width-580px" height="426" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image13_18.jpg?itok=xeAqGq5E" title="Corno Nero's bid for Malvern. Planning image: D-Arc Architects" width="580" /></a>

<figcaption>Corno Nero&#39;s bid for Malvern. Planning image: D-Arc Architects</figcaption>
</figure>

Meanwhile, <a href="/new-apartments/malvern-vic-3144">Malvern</a> may be in for a substantial new residential hotel project, with a company tied to <a href="/new-apartments/melbourne-vic">Melbourne</a> developer/builder <a href="/builders/cornonero">Corno Nero</a> seeking the right to deliver an 85-suite serviced apartment project.

Accounting for a portion of the Malvernvale Hotel site, <a href="/developments/malvern-vic-3144">1321-1341 Malvern Road</a> has been designed by CBD-based <a href="/architects/d-arc-architects">D-Arc Architects</a> as a five level building consisting predominantly of 24sqm single bedroom suites, with a limited number of larger suites pushing beyond the 50sqm mark.

The project&#39;s ground floor includes an office tenancy of 352sqm alongside various hotel facilities.

The play by Corno Nero for a serviced apartment building along this stretch of Malvern Road follows on from a string of residential projects that have been built or are proposed for the area. According to the <a href="/developments">Urban.com.au Project Database</a>, seven apartment projects in development currently stud Malvern Road.

Marriott confirmed for Docklands as Malvern scores its own substantial hotel project

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The former site of John Batman's home, Batman's Hill is entering the final stages of its redevelopment.

Collins Square's final tower has begun its skyward ascent, as has Lendlease's Melbourne Quarter Commercial and Residential precinct already. Melbourne Quarter's first stage is at construction and involves a new 12-storey home for consultancy firm Arup along with a skypark.

A further two commercial towers, three residential buildings and additional significant open space forms have yet to be acted upon at Melbourne Quarter.

<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/20170721_143249.jpg" rel="gallery-all" title="Melbourne Quarter and Collins Square."><img alt="" class="image-article-full-width-580px" height="294" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/20170721_143249.jpg?itok=LEdFMTFE" title="Melbourne Quarter and Collins Square." width="580"></a>

<figcaption>Melbourne Quarter and Collins Square.</figcaption></figure>The podium areas within Collins Square are all but complete with the food hall's expansion including a new venue called Hightail, with capacity for 1,000 people.

ETFE canopies allow light into the interior spaces while also providing weather protection which is becoming more and more common at Docklands. The former Harbour Town (soon to be known as The District Docklands) also received ETFE canopies to aid with weather protection, without necessarily feeling like a fully enclosed space.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/20170721_143848.jpg" rel="gallery-all" title="Collins Square's food hall and retail podium."><img alt="" class="image-article-full-width-580px" height="430" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/20170721_143848.jpg?itok=R-iavaG1" title="Collins Square's food hall and retail podium." width="580"></a>

<figcaption>Collins Square's food hall and retail podium.</figcaption></figure>Diagonally opposite Collins Sqaure, new soft and hardscaping works are being undertaken by Development Victoria to improve the quality of the open space on the triangular park bound by Waterview Walk.

Collins Street and Harbour Esplanade will receive seating plus formal and informal areas for various recreational uses to supplement the multipurpose sports court.

<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/20170721_125640.jpg" rel="gallery-all" title="Public open space improvements are underway"><img alt="" class="image-article-full-width-580px" height="374" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/20170721_125640.jpg?itok=kj7PSGy0" title="Public open space improvements are underway" width="580"></a>

<figcaption>Public open space improvements are underway</figcaption></figure>Development VIctoria has also completed a transformation of Village Street from a two lane road to a one-way shared space. The project allows the street to be used for festivals, live performances and other community events, maximising its location opposite Etihad Stadium.

<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/village_street.png" rel="gallery-all" title="Village Street upgrade. Image: Development Victoria"><img alt="" class="image-article-full-width-580px" height="505" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/village_street.png?itok=fXBykqmI" title="Village Street upgrade. Image: Development Victoria" width="580"></a>

<figcaption>Village Street upgrade. Image: Development Victoria</figcaption></figure>Looking to Etihad Stadium, its entire concourse is a barren, shaded transient area when the stadium isn't in event mode.

With the AFL's purchase of Etihad Stadium earlier this year, they have begun lobbying the Government to contribute funding towards the $300+m revitalisation of the almost 20 year old venue.

The AFL engaged COX Architects to develop a scheme which would see better use of the concourse area, and the improvement of the stadium's interface to Harbour Esplanade which may include an 11-storey hotel on the site of the current AFL Headquarters. 

<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/20170721_142200.jpg" rel="gallery-all" title="The stadium concourse."><img alt="" class="image-article-full-width-580px" height="190" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/20170721_142200.jpg?itok=2xkBFJHn" title="The stadium concourse." width="580"></a>

<figcaption>The stadium concourse.</figcaption></figure>The stadium and Collins Square/Melbourne Quarter zones are both linked via a semi public but privately owned thoroughfare which winds through both 699 Bourke &amp; 664 Collins Street, providing a north-south connection which also offers great close up views of Southern Cross Station's undulating roof forms.

<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/20170721_142825.jpg" rel="gallery-all" title="Southern Cross Station up close."><img alt="" class="image-article-full-width-580px" height="261" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/20170721_142825.jpg?itok=Yf9yI9X4" title="Southern Cross Station up close." width="580"></a>

<figcaption>Southern Cross Station up close.</figcaption></figure>This piece concludes the four-part Docklands visual series. See below further photos of the Batman's Hill and Stadium precincts, demonstrating how the once desolate area has been transformed into an extension of Melbourne's CBD over the course of 15 years.
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Docklands Places and Spaces, part four: Batmans Hill and Stadium

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Salta Properties, owned by BRW Rich Listers the Tarascio family, is looking to divest from a Melbourne Riverside development site to focus on developing one of Australia’s first build-to-rent projects.
The developer’s project pipeline of $5.6 billion includes a waterfront development in Docklands, which will comprise more than 200 apartments above a five star hotel.
A feature of the 699 La Trobe St project would be that the apartments will not be sold, but offered as long-term multi-family leases.
Meanwhile, it is planning to sell the Riverside site. 
The more than two hectare Yarra waterfront site has a permit for 494 apartments and could fetch $75 million or more. 
But Tarascio wants to focus on the Docklands project.
"A lot of our focus is on projects we can retain for the long-term now," Tarascio told The Australian Financial Review.
"We've got the Docklands coming up which is one we want to hold on to.
"We have to work and manage our resources as best as possible. We do have to release some equity in some sites."
Under the build-to-rent model, a developer takes returns by holding onto developed residential accommodation for rent, rather than taking profit through sales.
The conditions for that asset class are improving as commercial yields tighten, making residential rental yields more attractive by comparison and factoring in risk, the AFR said.
At the same time, tighter lending to investors and higher taxes on foreign buyers are likely to reduce the rental stock in spite of housing demand, helped by immigration, remaining strong, according to Tarascio.
As a pioneering asset class build-to-rent projects are likely to be more capital-intensive while lenders adjust to the concept.
"We probably need to put a bit more equity in up front when we are doing the first," Tarascio said.
Knight Frank's Paul Henley, George Burbury, Stephen Kelly and Tom Zhou are appointed to the Richmond site on River Boulevard and Christine Crescent.
Henley said the five-tower Richmond project, designed by Buchan, could be developed in stages and would appeal to local and regional players "who want to know they have viable product".
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jonathanchancellor-7SQnKwU6yx

Salta to divest Melbourne riverside site to focus on Docklands build-to-rent project

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Part three follows on from the part one: Yarra's Edge and part two: Victoria Harbour. The focus of today's piece will be NewQuay and Harbour Town, the northern most precincts within Docklands.

<h2>NewQuay</h2>

NewQuay was the first precinct to open way back in 2003 and has probably evolved the most. Initially comprising of two parts (east and west) bisected by the former Waterfront City precinct, NewQuay now stretches the length of the northern edge of Victoria Harbour with the construction of NewQuay Central featuring five buildings designed by three different architects.

<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/20170721_133637.jpg" rel="gallery-all" title="Marina Tower, Banksia and Promenade form the link between east and west."><img alt="" class="image-article-full-width-580px" height="412" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/20170721_133637.jpg?itok=L-jO3q0x" title="Marina Tower, Banksia and Promenade form the link between east and west." width="580"></a>

<figcaption>Marina Tower, Banksia and Promenade form the link between east and west.</figcaption></figure>This is a departure from the early days when Fender Katsalidis and SJB formed a partnership to design the first five residential buildings in the precinct which led to the formation of Plus Architecture who designed the sixth building Harbour One. 

The earlier buildings all shared a similar aesthetic with variants on the same building form and materiality and were named in honour of artists and architects. Each tower sits atop an expansive podium with rooftop resident gardens and retail to ground floor.

The restaurant and bars feature both indoor and outdoor seating fronting the promenade although the plastic weatherproofed coverings are beginning to show their age and I wonder if it might be worth building something a bit more permanent like a pergola structure with a better relationship and stronger connection with the promenade.

Southgate and Riverside Quay provide some good examples of how this can be achieved. I'd also consider going a step further and replacing the palms with trees that provide better wind protection. 

<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/20170721_134219.jpg" rel="gallery-all" title="A glimpse from the promenade down a side street."><img alt="" class="image-article-full-width-580px" height="516" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/20170721_134219.jpg?itok=fYvCwpuW" title="A glimpse from the promenade down a side street." width="580"></a>

<figcaption>A glimpse from the promenade down a side street.</figcaption></figure>McBride Charles Ryan's The Quay's was the first development to break the mould of earlier developments save for maybe The Conder and saw a variation in architecture and built form.

The introduction of pinks and purples provide a contrast to the more robust concrete grey of the earlier developments with a kaleidoscope of colours and materials at ground street level creating one of the more unique streetscapes in the area.

The towers themselves are unique to not only Docklands but also Melbourne with glazing combining with crumpled balcony spandrels  providing visual interest to the facades.

<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/20170721_133709_0.jpg" rel="gallery-all" title="The Quays have added to the diversity of architecture and built form"><img alt="" class="image-article-full-width-580px" height="269" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/20170721_133709_0.jpg?itok=zqbjr5RO" title="The Quays have added to the diversity of architecture and built form" width="580"></a>

<figcaption>The Quays have added to the diversity of architecture and built form</figcaption></figure>The more recent buildings which form part of NewQuay Central have followed the trend away from the archetypal model of the earlier buildings particularly with materiality and roof forms. This can probably be largely attributed to the fact three different architecture firms designed the buildings with DKO's Marina Tower and Woods Bagot's Aqui and Promenade favouring a series of crystalline or shard buildings with sloping roof forms and different tones of glazing. 

MCR's Banksia building is reminiscent of Chicago's Marina Towers with its GFRP facade drawing on the waterside location providing a series of detailed 3d waves wrapping the building and providing a central point of interest, contrasting well with the other NewQuay Central buildings and proving that variety is key.

<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/20170721_134606.jpg" rel="gallery-all" title="NewQuay Central introduces further variety to the built form and architecture with different architects designing the buildings."><img alt="" class="image-article-full-width-580px" height="236" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/20170721_134606.jpg?itok=xU0uqSaK" title="NewQuay Central introduces further variety to the built form and architecture with different architects designing the buildings." width="580"></a>

<figcaption>NewQuay Central introduces further variety to the built form and architecture with different architects designing the buildings.</figcaption></figure>Up until recently NewQuay didn't have as much open space aside from the promenade but with Monument Park, Ron Barassi Snr Ovel and the soon to be completed NewQuay Park that has changed. Located to the rear of the soon-to-be completed Banksia development, New Quay Park will provide a sloping north facing green space for NewQuay's growing population and visitors while concealing the underground parking for Banksia. The park replaces a previously paved surface which for a few years hosted a temporary tent structure and was at one stage going to host a Vegemite museum. I think it's fair to say the park is the better outcome.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/20170721_135007.jpg" rel="gallery-all" title="Construction continues at NewQuay Park while Ron Barassi Snr Oval has added significant open space and community infrastructure"><img alt="" class="image-article-full-width-580px" height="259" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/20170721_135007.jpg?itok=0zzY48hH" title="Construction continues at NewQuay Park while Ron Barassi Snr Oval has added significant open space and community infrastructure" width="580"></a>

<figcaption>Construction continues at NewQuay Park while Ron Barassi Snr Oval has added significant open space and community infrastructure</figcaption></figure><h2>Harbour Town</h2>

Ashe Morgan's purchase of the former Harbour Town retail and shopping precinct from ING has resulted in an ongoing transformation crating a quasi-shopping centre of sorts.

<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/20170721_140454.jpg" rel="gallery-all" title="Harbour Town's revitalisation continues. "><img alt="" class="image-article-full-width-580px" height="538" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/20170721_140454.jpg?itok=MBdYyGSt" title="Harbour Town's revitalisation continues. " width="580"></a>

<figcaption>Harbour Town's revitalisation continues.</figcaption></figure>The early stages have included an overhaul of shopfront facades and introduction of paving in lieu of exposed concrete aggregate finish with replacement of timber decking resulting in a much more consistent finish. Future works will include a Hoyts Cinema designed by NH Architecture, with future works involving the creation of a fresh food market and fish market with additions to the facades to Docklands Drive.

The fourth and final piece will cover Batman's Hill and surrounds. In the meantime further images of NewQuay and Harbour Town can be viewed in the slideshow below.
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