Brisbane’s riverfront is about to welcome Queensland’s most ambitious wellness living precinct, with <a href="https://www.apartments.com.au/developers/kokoda-property">Kokoda Property Group</a> unveiling nearly 12,000 sqm of dedicated health, fitness and social amenity within its $1.5 billion Teneriffe Banks development, the largest of its kind in the state.&nbsp;

Australia is now the four largest market in the USD 584 billion Global Wellness Real Estate sector, and <a href="https://www.apartments.com.au/new-apartments/teneriffe-banks-17-27-skyring-terrace-teneriffe-qld-4005">Teneriffe Banks</a> is setting the benchmark locally, offering residents a complete lifestyle precinct that balances wellness, community and luxury.

From rooftop wellness retreats and 5-star co-working spaces to curated retail and dining, lush green spaces and riverfront walkways, the development has been designed as an ecosystem for modern living. Community gardens, a riverfront amphitheatre and community centre further anchor Teneriffe Banks as a destination that connects residents and the wider community in a way Brisbane has never seen before.&nbsp;

Each of the four residential buildings offers an expansive rooftop retreat featuring infinity pools, mineral plunge pools, hydrotherapy zones, and steam and sauna suites. These spa-level amenities eliminate the need for external memberships, seamlessly integrating exercise, recovery and relaxation into daily life.&nbsp;

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Residents of Teneriffe Banks will enjoy exclusive access to The Canopy Club, one of Brisbane’s largest private members' venues. Drawing inspiration from international icons like Soho House but uniquely tailored for Brisbane, the club will feature private dining rooms, a wine cellar and tasting lounge, library, cinema, sports simulator and five-star work spaces, overlooking the Brisbane River.&nbsp;

Complementing this lifestyle is Banks Athletic, a private, residents-only health club offering personalised fitness and holistic wellness programs.

The precinct will also be home to Brisbane’s first five-star Kimpton Hotel Urban Resort, offering guests access to a luxury spa, a fitness centre, signature restaurants, pool club, rooftop cocktail bar and large-scale event spaces. Also forming part of the masterplan is a proposed reimagined marina and landscaped green spaces and gardens among a curated collection of waterfront restaurants, laneway cafes, and boutiques — creating a complete live, work, play lifestyle.&nbsp;

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A recent report by Global Wellness Institute found Australia boasts one of the world’s fastest-growing wellness economies, growing at an annual rate of 7.5 per cent from 2019-2023.

“Luxury living today is about more than just design, it is about how well a place supports mind, body and connection,” said Kokoda Property Group Founder and Managing Director, Mark Stevens.

“With Australia now ranked among the world’s top five global wellness real estate markets, Teneriffe Banks has been designed to meet that growing demand. By blending curated wellness spaces with riverfront greenery and vibrant community amenities, the precinct will set a new benchmark for holistic urban living.”&nbsp;

Stephens said that wellness-focused design is resonating strongly with downsizers and lifestyle-driven buyers alike.&nbsp;

“We’re seeing overwhelming interest from buyers who are drawn to the idea of expansive amenity beyond their own residence, particularly those seeking space without the upkeep. The ability to enjoy a sunrise coffee by the rooftop pool, or build movement and recovery into their daily routine without leaving home, is a drawcard. Low maintenance, high impact living is what today’s market is looking for, and that’s exactly what Teneriffe Banks delivers."

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Set across five architecturally distinct buildings, Teneriffe Banks will deliver over 200 residences, ranging from apartments to modern penthouse residences and woolstore-inspired lofts, each crafted by <a href="https://www.apartments.com.au/architects/studio-mccue">Studio McCue</a>, in collaboration with <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker Architects</a> and <a href="https://www.apartments.com.au/architects/carr-design">Carr</a>.&nbsp;

Further reflecting its commitment to fostering an active, connected lifestyle along the river, Teneriffe Banks is now the naming partner of the Brisbane Marathon Pacers, now known as the ‘Tenerrife Banks Pacers’. The Brisbane Marathon hosts over 10,000 participants from around the world and is only growing in size.&nbsp;

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Joel Robinson

Kokoda's Teneriffe Banks introduces Queensland’s largest residential wellness offering

Summary:&nbsp;

<ul type="disc">
	<li>A new&nbsp;Golden Age Cinema&nbsp;with multiple screens and creative performance spaces</li>
	<li>Approximately&nbsp;60 metres of retail frontage&nbsp;along Oxford Street for small-scale, street-activating businesses</li>
	<li>53 apartments, including 15 affordable housing apartments</li>
	<li>Landscaped public connections between South Dowling and Verona streets, improving walkability and accessibility.</li>
</ul>

<hr />
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Developer WT Malouf has confirmed plans to transform the much-loved Verona Cinema site on Oxford Street in&nbsp; Paddington into a new mixed-use destination centred on culture, creativity and community.

The proposal, a State Significant Development Application (SSDA), will deliver a balanced mix of uses including 53 apartments, including 15 affordable, a new Golden Age Cinema with multiple screens and creative performance spaces, and several small-scale, street-activating businesses across its 60 metres of retail frontage.

The development will retain the Verona’s iconic brick façade, recognising the building’s role in Paddington’s cultural life for nearly three decades.

<img alt="Verona" data-entity-type="file" data-entity-uuid="efed0828-5cc4-4d77-a6df-83e7fa5d24ea" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-03%20at%209.19.31%E2%80%AFAM.png?VersionId=xHbLRgjfTSkScuLsLW_nRjX0Zi5Cwalo" />

WT Malouf has entered into exclusive arrangements with the operators of Golden Age Cinema &amp; Bar, a much-loved Surry Hills institution named among the Top 100 Cinemas in the World by Time Out. Golden Age will bring four screens and versatile creative spaces back to Paddington, helping to anchor Oxford Street’s future as a cultural and entertainment corridor. 
&nbsp; 
“At a time when Sydney is losing suburban cinemas, we’re committed to creating a bigger and better cinema experience for Paddington,” said Jack Joseph, Director at WT Malouf.

“Golden Age’s arrival will ensure Oxford Street continues to be a home for independent film, live performance and community events.” 
&nbsp; 
The project has been designed in line with the City of Sydney’s Oxford Street Cultural and Creative Precinct strategy, which encourages new investment in cultural space, night-time economy and creative industries. It also aligns with the NSW 24-Hour Economy Strategy, contributing to the revival of Oxford Street as a safe, vibrant and connected cultural precinct that operates by day and night.

<img alt="Verona" data-entity-type="file" data-entity-uuid="ac1895bd-d09f-4cf6-aed4-9a2739c2d9b2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-03%20at%209.19.45%E2%80%AFAM.png?VersionId=NcwfjdR0oF5xPbatoSGOR4oWAZm9yJJT" /> 
&nbsp; 
“This development is about more than apartments,” Joseph said. “It’s about contributing to Oxford Street’s restoration as one of Sydney’s great cultural boulevards, where people come to live, create and socialise.” 
&nbsp; 
‘’The new Verona is a once -in-a-generation opportunity to restore this important part of Oxford Street,’’ said Tim Greer, Director of Tonkins Zulaikha Greer (TZG). 
&nbsp; 
Alongside cultural and creative space, the Verona development will deliver new housing in one of Sydney’s most tightly held suburbs. 15 apartments will be set aside as affordable rental homes for essential workers, ensuring Paddington retains a diverse and connected community. 
&nbsp; 
The project is expected to be determined by the NSW Department of Planning, Housing and Infrastructure in 2026, with construction planned to start later that year and delivery within three years.

Paddington’s Verona Cinema set for luxury apartment transformation and new Golden Age Cinema

The Chatswood CBD is the latest city centre in the cross hair of the Minns Labor Government's push to support new housing.

They're pushing for up to 1,500 apartments on the former Sydney Metro construction site, which will include 180 build-to-rent apartments for essential workers, as well as new retail and commercial spaces and outdoor areas.

<img alt="Chatswood" data-entity-type="file" data-entity-uuid="ec539e11-accf-4844-bbce-1b453e0ee907" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-03%20at%209.09.58%E2%80%AFAM.png?VersionId=64L8ymb0LbjKbxcmvUux9TI9qXL8hnkR" />

The remaining mix will be build-to-sell, and incorporate affordable housing. The development will see the adaptive re-use of local heritage building Mowbray House, which operated as a boarding school from 1906 to 1954, for future community use.&nbsp;

Construction on the site is expected to start in late 2026, with the first essential workers expected to move in by late 2028.

Landcom is inviting feedback on the proposal from the community and stakeholders until 9am, Monday 27 October 2025.

<img alt="Chatswood" data-entity-type="file" data-entity-uuid="01cc2e55-a585-4a3f-afb2-bb6213dc59b8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-03%20at%209.09.18%E2%80%AFAM.png?VersionId=ZaaHSI.h_CLRCYloljNdXSa4eigU6vae" />

The Chatswood site is the second&nbsp;to be secured under the Minns Labor Government’s $450 million investment in Landcom to deliver 400 build-to-rent homes for essential workers in Sydney, with 220 essential worker homes already being delivered in Annandale.

&nbsp;

&nbsp;

&nbsp;

&nbsp;

Work is also underway on new build-to-rent apartments on the NSW south coast and work is set to start later this year on new build-to-rent housing in Lismore to boost rental supply in the NSW Northern Rivers.

Premier of New South Wales Chris Minns said essential workers are the backbone of not only Sydney but all of NSW and they deserve to have an affordable place to live near their job and community.

“This will be life changing for essential workers, who will get to live not only near their job but in one of the best-connected areas in all of Sydney.”

Minister for Planning and Public Spaces Paul Scully said people should be able to live, work, relax and play all within one community.

"Delivering both 180 new essential worker homes and 1300 further market and affordable homes will give that opportunity and choice back hundreds of people.

“We’ve dedicated another 180 homes to essential workers in this project so workers like our teachers, nurses, paramedics and police offices can build a life close to both their home and job.

“This is yet another example of density done well, providing additional, homes and jobs in an area that’s already well serviced by public transport, shops, restaurants, schools and health centres.”

&nbsp;

&nbsp;

Landcom CEO Alex Wendler said this is a highly productive time for Landcom where we are sustaining strong momentum across our entire delivery program.

"Here at Chatswood, we are leading the development of a major city precinct to do density well and make homes happen. This is a great example of Landcom making the government’s policy ambitions a reality and bringing to life the kind of housing options our city needs.”

Premier of New South Wales Chris Minns said essential workers are the backbone of not only Sydney but all of NSW and they deserve to have an affordable place to live near their job and community.

NSW Gov, Landcom plan 1,500 new apartments in Chatswood CBD

Dexus' push into the residential development space is moving down to Melbourne, with the real estate asset giant taking on a x at the southern end of St Kilda Road.

Dexus, who has recently starting developing luxury apartments in Sydney's Northern Beaches, is planning a 27-storey tower with over 400 new apartments at the intersection of St Kilda Road and Queens Road.

The proposal, now with VIC Planning, seeks to replace the ageing 19-storey former Cadbury office building at <a href="https://www.apartments.com.au/new-apartments/636-st-kilda-road-melbourne-vic-3004">636 St Kilda Road</a> with a contemporary high-density apartment complex designed by architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/bates-smart">Bates Smart</a>.

According to the Urban Context Report filed to VIC Planning, the development will respond to the site’s landmark location through a "refined and sculptural built form that mediates between the scale of St Kilda Road and Queens Road” while reinforcing “a sense of civic address at this prominent intersection.”&nbsp;

<img alt="First look: Dexus proposes 27-storey residential tower at 636 St Kilda Road" data-entity-type="file" data-entity-uuid="dfd2ebd1-e311-4348-9c7d-b3d73b64ade4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/St%20Kilda%20bldg.png?VersionId=_DHkdNAj1U3wcH0BX51t2MJYeIMrbG2w" />

The architectural design features active frontages, new pedestrian through-links and an extensive landscape strategy that integrates with the surrounding boulevard character.

The apartment mix is varied, comprising 40 studios, 87 one-bedrooms, 203 two-bedrooms, 66 three-bedrooms, and six penthouses, with each dwelling designed to meet the standards set out in Clause 58 of the Port Phillip Planning Scheme.&nbsp;

A key element of the proposal is a $9.6 million contribution, equivalent to three per cent of the project’s estimated development cost, to the Social Housing Growth Fund, aimed at supporting affordable housing outcomes across Victoria.

<img alt="First look: Dexus proposes 27-storey residential tower at 636 St Kilda Road" data-entity-type="file" data-entity-uuid="7f138f11-5277-461f-8d12-9533b2960586" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/St%20kilda%20rd%20site.png?VersionId=m_ZioKYhwkvekE3ZUF6y7bz.5_5yFPnZ" />

The site’s three street frontages, St Kilda Road, Queens Road, and Queens Lane, enable significant setbacks and design flexibility.

Bates Smart noted the proposal "reinforces the intent for St Kilda Road North to accommodate higher-density, mixed-use development,” leveraging its location near the soon-to-open ANZAC Station tram-rail interchange and the principal cycling corridor along the boulevard.

They emphasised&nbsp;the building’s role as a city-shaping gateway, writing that the proposed tower is “designed to contribute positively to the skyline and urban character of St Kilda Junction,” and would offer visual connections to key city landmarks, including Albert Park Lake and the Shrine of Remembrance.

Public realm upgrades are also proposed as part of the scheme, including a 138 sqm linear park, extensive landscaping, and around 188 metres of active frontages to enhance permeability and safety at the ground plane. A total of 449 car spaces and 120 bicycle spaces are planned across the four basement levels.

<img alt="First look: Dexus proposes 27-storey residential tower at 636 St Kilda Road" data-entity-type="file" data-entity-uuid="dfdbccd3-6954-417e-8543-c6b1f1b5df1b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/St%20KILDA%20rooftop.png?VersionId=.xI5fkVYETzG1WJaiOsOt8Yd4BgQx0DA" />

Dexus is positioning the project as a strategic redevelopment aligned with the St Kilda Road North Precinct Plan. The Planning Report by Urbis states that the distinct features of the site, the emerging context to its interfaces, and the surrounding policy context justify consideration of a taller building” despite the site being subject to Design and Development Overlay – Schedule 26 (DDO26).

St Kilda Road has been one of the most popular streets for residential development in recent years. The likes of Victoriana, The Muse, and St Boulevard are the most recently completed buildings, oriented to look over the adjacent Albert Park Lake, while Gamuda Land is currently developing <a href="https://www.apartments.com.au/new-apartments/fareham-st-kilda-95-st-kilda-road-st-kilda-vic-3182">Fareham</a>, and Hirsch &amp; Faigen has a building in the precinct they will soon launch, just off St Kilda Road on Queens Road.

First look: Dexus joins St Kilda Road apartment ranks with gateway tower proposal

Melbourne’s City Circle tram loops past a dense matrix of culture, education and commerce, but few intersections offer as much access in so little walking distance as the northern end of King Street.

Here, Aspire Melbourne rises 64 storeys from the edge of Flagstaff Gardens, with immediate connectivity to tram and train networks, and pedestrian access to Queen Victoria Market, Marvel Stadium and Melbourne’s major university precincts.

Developed by ICD Property with design by Fraser &amp; Partners, Aspire Melbourne brings 570 apartments to one of the CBD’s most spatially balanced positions, directly between civic green space and key employment infrastructure.

[smartcode_project:default project_id=2575 project_image_fid=248847]

Everything from retail and dining to sporting events, art, theatre, and festivals, or the serenity of the city’s gardens, is within walking distance of Aspire.

Melbourne's thriving coffee culture is showcased in the CBD's cobblestoned laneways, with popular cafes such as Brother Baba Budan, Krimper, Stagger Lee's, Higher Ground, and Manchester Press all nearby.

For culinary enthusiasts, Melbourne offers a variety of dining experiences. Highly recommended establishments include Maha, Farmer's Daughter, Coda, and MoVida Next Door, offering everything from Middle Eastern dinners to a night out.

[smartcode_project:default project_id=2575 project_image_fid=79443]

Getting around Melbourne is as effortless as finding a great cup of coffee, thanks to the city’s clean, reliable and extensive public transport network. Aspire’s curved tower is a short walk from Melbourne Central Station, Southern Cross Station and the Free Tram Zone, offering seamless connections across the CBD and out to suburban precincts.

This inner-city accessibility is complemented by Aspire’s rare proximity to green space. The tower directly overlooks Flagstaff Gardens, the city’s oldest park, with Fitzroy Gardens and the Royal Botanic Gardens also nearby, framing the CBD in natural beauty.

Just 11 minutes on foot, Queen Victoria Market adds another layer of amenity. A longstanding hub of culture and commerce, it offers fresh produce, gourmet foods, artisanal goods and vibrant multicultural fare, all woven into the daily rhythm of city life.

[smartcode_project:default project_id=2575 project_image_fid=79445]

To the west, the CBD’s entertainment quarter features Marvel Stadium, just 750 metres from Aspire, ideal for sports fans and major events.

To the south, Crown Casino along the Yarra River offers entertainment, dining and family-friendly activities, accessible in under 10 minutes by tram.

The Arts Centre Melbourne, a hub for visual art, theatre, music and performance, is also within easy reach by public transport or car.

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For families looking to set up roots in the CBD, education options abound within a one-kilometre radius of Aspire.

The prestigious Haileybury opened its Melbourne CBD campus in January 2017 offering Melbourne's first Early Learning Centre to Year 12 private school campus in the CBD.&nbsp;

<a href="/developments/north-melbourne-vic-3051">North Melbourne</a> Primary School, South Melbourne Primary School, Ozford College, and Simonds Catholic College are among the other choices, while universities like Victoria University, La Trobe University, and Monash University are less than 600 metres away.

[smartcode_project:default project_id=2575 project_image_fid=79444]

A limited selection of one, two, and three-bedroom apartments remain for sale, with pricing starting from $647,000.

“The Melbourne CBD apartment market has evolved in response to both the strong growth of the overall city as well as the increasing attraction of the CBD which offers unique lifestyle appeal, especially to the fast-growing cohorts of young professionals and university students,” <a href="/project-marketer/colliers">Colliers</a>&nbsp;Managing Director Residential Tim Storey said.

[smartcode_project_cta:default project_id=2575]

On the fringe of Flagstaff Gardens: Aspire Melbourne's prime location

Golden Age

Australian developer <a href="/developers/golden-age-group">Golden Age</a> has recorded over $40 million in sales for its recently launched Box Hill South project, <a href="/new-townhouses/wembley-hill-15-hay-street-box-hill-south">Wembley Hill</a>.

Since launching to market last month, over 60 per cent of Stage 1 townhomes have been snapped up, with the project’s cost-saving sustainability measures a key drawcard.

Located at <a href="/new-townhouses/wembley-hill-15-hay-street-box-hill-south">15 Hay Street</a>, <a href="/developers/golden-age-group">Golden Age</a>, together with Cox Architecture, has developed a residential masterplan that will see the delivery of 143 townhomes and provide 13,000 sqm of dedicated green space.

The majority of purchasers have been families aged in their mid 30s to 40s looking for properties within the <a href="/new-townhouses/box-hill-south-vic-3128">Box Hill</a> school zone, as well as individuals in their mid 20s to mid 30s looking to upgrade their lifestyle from smaller apartments and townhomes.

[smartcode_project:default project_id=104627 project_image_fid=222319]

As the cost of living continues to climb, purchasers are looking for features that will help them to save on energy bills and improve their carbon footprint. <a href="/developers/golden-age-group">Golden Age</a> has factored in a variety of sustainability initiatives into the luxury townhomes, including rooftop solar panels, provision for fast EV charging, energy-efficient heating and cooling, filtered rainwater connection to irrigation and utilities, to name a few.

Residents will also have access to an abundance of green open space for exercise and immersion in the natural surrounds.

[smartcode_project:default project_id=104627 project_image_fid=222321]

<a href="/developers/golden-age-group">Golden Age</a> Chief Investment Officer Bing Chen said Golden Age’s vision is to dream, plan and deliver the most exciting housing communities within <a href="/new-townhouses/box-hill-south-vic-3128">Box Hill.</a>

“<a href="/new-townhouses/wembley-hill-15-hay-street-box-hill-south">Wembley Hill</a> is one of the most significant developments within the booming suburb and it delivers a visionary, enduring, future-ready lifestyle through a dedication of weaving environmental sustainability into each and every home. It was important for these townhomes to be sustainable without compromising on luxury, offering a blueprint for a greener and more sustainable future.”

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The project also embodies urban design principles that aim to reintegrate the site back into its surroundings, complementing the existing fabric and making a positive contribution and lasting legacy for the neighbourhood and its local community.

The well-considered townhomes, with interiors by leading interior designer MIM design, range in size from three-bedroom to four-bedroom with two premium colour schemes available.

The <a href="/new-townhouses/wembley-hill-15-hay-street-box-hill-south">Wembley Hill</a> site was formerly home to Hays International College and is positioned next to Wembley Park, Box Hill Soccer Club, Box Hill Golf Club and the Gardiners Creek Trail.

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Since launching to market last month, over 60 per cent of Stage 1 townhomes have been snapped up, with the project’s cost-saving sustainability measures a key drawcard

Golden Age secure $40 million in sales at nature-fuelled Box Hill South townhouse development, Wembley Hill

Australian developer Golden Age Group has received&nbsp;council approval for its residential <a href="/new-townhouses/wembley-hill-15-hay-street-box-hill-south">Wembley Hill</a> project in Box Hill South and on a site in excess of 50,000 sqm, is one of the most significant developments within the booming suburb.

Formerly home to Hays International College, 15 Hay Street is positioned next to Wembley Park, Box Hill Soccer Club, Box Hill Golf Club and the Gardiners Creek Trail.

In collaboration with COX Architecture, Golden Age has developed a residential masterplan that will see the delivery of 143 townhomes and provide almost half of the site as dedicated green space.

[smartcode_project:default project_id=104627 project_image_fid=222320]

Golden Age aims to create a development that supports and future-proofs an inclusive, sustainable and multi-generational living for its residents. The development addresses its suburban and natural context sensitively, proudly celebrating its neighbourhood and enhancing its natural landscape.

The townhomes, with interiors by leading interior designer MIM design, will range in size from three-bedroom to four-bedroom with two colour schemes available.

[smartcode_project:default project_id=104627 project_image_fid=222322]

Golden Age Founder Jeff Xu said <a href="/new-townhouses/wembley-hill-15-hay-street-box-hill-south">Wembley Hill</a>&nbsp;puts families and the community at heart.

“We have spent considerable time researching and understanding what the Box Hill community needs and wants and we appreciate the economic diversity of Melbourne’s east, which is why this project will not only provide beautifully designed townhomes but will provide a space for the community celebrating intergenerational living.

“We will deliver an array of residential amenities, complemented by gardens and playgrounds in a secure neighbourhood that is ideal for raising families. It will be a highly connected site, where residents can enjoy generous walking paths along the Gardiner Creek Trail.”

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The site’s tree-lined boulevards will draw residents in and connect all homes in a carefully curated community, with landscaped pathways and green links making the site highly accessible and welcoming for residents. Over 13,000 sqm of the site is dedicated to green open space for families, for exercise and immersion in the natural surroundings.

With a focus on sustainability, all residences will enjoy and benefit from a range of energy-saving design initiatives such as energy-efficient heating and cooling, filtered rainwater connection to irrigation and utilities, rooftop solar panels and the provision for fast EV charging. 
 
[smartcode_project_cta:default project_id=104627]

In collaboration with COX Architecture, Golden Age has developed a residential masterplan that will see the delivery of 143 townhomes and provide almost half of the site as dedicated green space

Golden Age secure approval for Wembley Hill, Box Hill South townhouse development

The Melbourne developer Golden Age Group is pushing ahead with its 21-storey tower in the Queen Victoria Market precinct.

Golden Age, led by founder and managing director Jeff Xu, has just received the green light to develop the Bates Smart-designed project&nbsp;at 432-450 Queen Street.

Some 143 apartments will be spread across the tower, which will also home&nbsp;two levels of retail, a roof terrace on level five,&nbsp;and extensively&nbsp;residential amenity.

Respecting the site&rsquo;s historical context, the approved plans will see the existing Queen Victoria building on the site carefully restored and integrated into the development.

<a href="/new-apartments/450-queen-street-450-queen-street-melbourne-vic-3000">To track this development and be notified when it&#39;s for sale, enquire here.</a>

The project, known as 450 Queen Street, was endorsed by the City of Melbourne in June last year, with Pla​nni​ng Minister Richa​rd Wynne recently giving the nod of approval. Bates Smart Director Julian Anderson said the project has been designed with the residents, visitors and market community in mind by providing engaging spaces to live, work an​​d play.

<a href="/new-apartments/450-queen-street-450-queen-street-melbourne-vic-3000"><img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/450_queen_main.jpg" width="1200" /></a>

&ldquo;We have taken great care in designing an enduring and well-crafted addition to this neighbourhood, respecting the site&rsquo;s historical context while being mindful that this development will have a role in shaping the future character of an evolving and diverse urban fabric.&rdquo;

Carefully selected masonry will be applied to podium forms to complement the existing Queen Victoria building, while the retail ground plane will incorporate vitrine windows as a contemporary interpretation of shopfronts around the market precinct.

A triple-height north-facing atrium will complement Munro Square, providing natural light and activity to the lower and upper ground retail tenancies.

<a href="/new-apartments/450-queen-street-450-queen-street-melbourne-vic-3000">To track this development and be notified when it&#39;s for sale, enquire here.</a>

Jeff Xu said receiving approval was a fantastic start to 2022.

&ldquo;Receiving approval is a reflection of the level of confidence the State Government has in us as co-developers of this city,&quot; Xu said.

&quot;The project is located in a significant area of the Queen Victoria Market precinct and we&rsquo;re excited to develop a project that will further contribute to this ever-evolving pocket of the city.&rdquo;

Around 10 per cent of the residences will also be offered as affordable housing as a means of ensuring an equitable provision of housing is made available.

Some 143 apartments will be spread across the tower, which will also home two levels of retail, a roof terrace on level five, and extensively residential amenity

Golden Age receives green light for Queen Victoria Market tower on Melbourne's Queen Street

Sky Garden is the recently completed residential complex located above The Glen shopping centre in Melbourne&#39;s Glen Waverley.

Golden Age wanted Rothelowman to create three distinctive buildings of three different characters, based of five natural elements.

Urban recently sat down with Rudy Darmawan, senior associate at Rothelowman, to discuss the project.

JR: What was the design brief for Sky Garden?

RD: The proposed development will be a key landmark for The Glen shopping centre and the greater Glen Waverley precinct.

A designated principal activity centre, Glen Waverley has the infrastructure and amenities necessary to support significant development in line with the planning objectives of the City of Monash.

[smartcode_project:default project_id=2881 project_image_fid=148774]

The proposed development is envisioned as a home for owner-occupiers attracted to the unique opportunities and lifestyle to be found in a vibrant, growing Glen Waverley.

JR: Was there a previous project in particular you took design inspiration from?

RD: The highly contextual response takes design cues from its surrounds.

The urban forms respond to their immediate surrounds, adjacent buildings and contextual boundaries through controlled urban gestures, setbacks and interfaces.

[smartcode_project:default project_id=2881 project_image_fid=148761]

The architecture is clean, contemporary, reflective and vibrant. Each tower draws inspiration from one of three natural elements: Gold, water and fire. The organic composition generates a calm, restrained outcome that contrasts with the varied,active landscapes and streetscapes of the surrounding precinct.

JR: What was the biggest challenge when conceiving the design of the building?

RD: The complex interfacing with the existing active shopping centre, and the compressed programme.

JR: What part of the project were you most looking forward to seeing when the development was completed?

RD: We believe the future evolution of our cities will see developers further embrace the untapped potential of projects like Sky Garden that integrate retail and entertainment precincts.

It means people can shop and be entertained right below their apartment. To live above projects, like The New Glen Shopping Centre, is an opportunity that very few people will come across in the short term.

From a design perspective, these are interesting developments. There is a lot of complexity in the design as the servicing, access and exits of various uses need to be separated. The success of this kind of project is contingent on the quality of the design and the convenience and value it offers. Consumers will make their choice based on these attributes.

[smartcode_project:default project_id=2881 project_image_fid=148765]

The collection of buildings is visually elevated above The New Glen Shopping Centre and is architecturally designed to be collegial, yet each possessing its distinct character; similarly detailed and distinguished by fluid forms, modulation and colours.

Each building has been expressed as a sculptural form that has evolved and been contextualised to hold a symbiotic relationship with the movement of the podium forms, context and greater retail precinct. This consideration extends to each of the ground floor entry lobbies, the design of which relates to the curvature and materiality of each corresponding tower.

The sculptural shapes of the buildings are designed to be appreciated when seen up close as well as from a distance. Their colours have been inspired by the changing hues of the sky.

The colours respond to the skyline, the sun rising in the Dandenongs to the east to the sun setting to the city in the west. The eastern-most tower is a burnished bronze, the western-most tower is a sunset blush and the central tower is an indigo blue, picking up on the sky during the day.

[smartcode_project_cta: project_id=2881]

The proposed development is envisioned as a home for owner-occupiers attracted to the unique opportunities and lifestyle to be found in a vibrant, growing Glen Waverley.



The design details: How Rothelowman designed Glen Waverley's Sky Garden

Residents of Golden Age Group&#39;s Sky Garden apartment development in Glen Waverley will have access to a resident-only rewards program.&nbsp;

The concept was introduced upon settlement in a bid to support retailers following the extended lockdown Melbourne.

The customised app gives residents a reward program for retail outlets in The Glen shopping plaza, located beneath the recently completed development designed by Rothelowman where 536 apartments sit across three towers.

[smartcode_project:default project_id=2881]

The offers range between&nbsp;discounts at homeware&nbsp;stores to bulk-billed in-home clinic vists from the local medical clinic.

The Glen underwent a $430 million redevelopment&nbsp;in 2019 and now homes a mix of 240 shops and eateries.

<a href="https://www.google.com/search?q=sky+garden+urban&amp;oq=sky+garden+urban&amp;aqs=chrome.0.69i59j69i60l3.7044j0j9&amp;sourceid=chrome&amp;ie=UTF-8"><img alt="" height="899" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sky_garden_glen_waverley.jpg" width="1600" /></a>

There are only around 75 apartments left in the 536 apartment tower, with prices starting from $498,000 for one bedroom apartments and $668,000&nbsp;for two bedroom apartments. Three bedroom apartments are priced from $1,118,000.

There&#39;s a 4,000 sqm private garden located above the plaza which features fitness and play areas, a bar, lounge and a dining space.

Residents will also have communal gaming rooms, private cinema and media rooms, a fully equipped gym, heated lap pool and a sauna and steam room.

Residents of Golden Age Group's Sky Garden apartment development in Glen Waverley will have access to a resident-only rewards program 



Glen Waverley's Sky Garden offering residents unique reward program

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Having secured a permit for a commercial development at 200 Victoria Parade, East Melbourne, joint venture partners <a href="/developers/time-place">Time &amp; Place</a> and <a href="/developers/golden-age-group">Golden Age Group</a> have launched the $280 million project as Victoria Place.

Designed by <a href="/architects/fjmt">FJMT</a>, Victoria Place comprises approximately 26,000 sqm of net lettable area (NLA) and includes world-class end-of-trip facilities, a sky terrace, expansive city views and a collection of retail, café and associated amenities. The development team engaged FJMT for the project based on its expertise in delivering high-quality commercial developments such as 200 George Street and Liberty Place in Sydney.

<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/time_and_place_200victoriapde_balcony_render_sr.jpg" rel="gallery-all" title="Victoria Place has been designed with tenant well-being at the forefront. Image: Time &amp; Place"><img alt="" class="image-article-full-width-580px" height="363" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/time_and_place_200victoriapde_balcony_render_sr.jpg?itok=APcOeKUx" title="Victoria Place has been designed with tenant well-being at the forefront. Image: Time &amp; Place" width="580"></a>

<figcaption>Victoria Place has been designed with tenant well-being at the forefront. Image: Time &amp; Place</figcaption></figure>Time &amp; Place Property was founded by experienced developer, Tim Price in early 2015 and has grown to now manage more than $3.5 billion worth of projects across the eastern seaboard. With Victoria Place, Time &amp; Place celebrates its 8th venture in property development, with more than 18 projects already under management.

Golden Age Group’s diverse development portfolio of residential and commercial has an estimated value of $4.2 billion with another $1.5 billion worth of projects in the pipeline. The developer is responsible for Melbourne CBD’s tallest residential building - <a href="/buildings/victoria-one-452-472-elizabeth-street-melbourne">Victoria One</a>, the world’s fourth slimmest building - the under construction <a href="/buildings/collins-house-melbourne-460-466-collins-street-melbourne">Collins House</a>, and <a href="/developments/melbourne-vic-3000">85 Spring Street</a> - currently at sales.

Upon completion, Victoria Place will provide a focus on wellness, targeting a 5-star Green Star office design, a 4.5-star NABERS (National Australian Built Environment Rating System) and 4.5-star WELL™ rating by the International WELL Building Institute; including fitness and lifestyle amenities such as 160 bicycle spaces, 22 showers, 308 lockers and a bike repair station.

According to Golden Age Group, the CBD’s historic low commercial vacancy rates and tightening of lending to residential buyers had created a favourable environment for the developer to focus on expanding its commercial portfolio. Time &amp; Place expects Victoria Place to "(raise) the bar for workplace design in Melbourne", via leading sustainability and productivity amenities.

Colliers International are managing the sales and leasing campaign, noting the strength of the East Melbourne commercial market is on the rise. An Expression of Interest process has been launched with more information available at: http://www.victoriaplace.com.au/

<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/time_and_place_200victoriapde_foyer_render_sr.jpg" rel="gallery-all" title="Victoria Place's expansive, light-filled lobby. Image: Time &amp; Place"><img alt="" class="image-article-full-width-580px" height="416" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/time_and_place_200victoriapde_foyer_render_sr.jpg?itok=mamdoRpo" title="Victoria Place's expansive, light-filled lobby. Image: Time &amp; Place" width="580"></a>

<figcaption>Victoria Place's expansive, light-filled lobby. Image: Time &amp; Place</figcaption></figure><h2>What they say...</h2>

<blockquote>
The building offers natural light on three sides across generous floor plates between 2,100sqm and 2,750sqm. The lift core and floor plate are designed to allow for customisation, modern activity-based workplace designs and inter-floor vertical communities.

The site is positioned at the entry post from East Melbourne to the CBD, with the picturesque Fitzroy Gardens and the vibrant northern suburbs at its doorstep. It also boasts prime connections to public transport with a tram stop at the front door and Parliament Train Station a short five-minute stroll away.

The building will also be in the unique position to offer extensive car parking in a three-level basement accessed from Lansdowne street frontage. With the CBD on one side, the best of Fitzroy’s food on the other and direct access to the city’s best parks and gardens and the MCG sporting precinct, this is arguably the best office location in the city.

- Tim Price, founder and director of Time &amp; Place
</blockquote>

 

<blockquote>
We are proud to be co-developing alongside long-time collaborators Time &amp; Place on this benchmark project for Melbourne workplace design. As a nimble developer, we can quickly change our approach based on the strongest asset class at the time. As the conditions become favourable in the commercial market, we have moved quickly to solidify our position.

- Jeff Xu, Golden Age Group founder and managing director
</blockquote>

 

<blockquote>
The tightening office availability in the CBD speaks for itself. Further, the number of enquiries we have received has almost tripled for East Melbourne when comparing June YTD 2018 data to June YTD 2017; and we’re seeing almost 10 times more interest in terms of the amount of space asked for, due to larger requirements in the market and a desire to be situated on the literal CBD fringe.

- Andrew Beasley, Colliers International
</blockquote>
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Laurence Dragomir

Time & Place and Golden Age launch Victoria Place in East Melbourne

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Golden Age boss Jeff Xu has sold his Melbourne laneway building for $14.5 million.
McKillop House, at 12-14 McKillop Street between Bourke Street and Little Collins Street, was bought by the Mantzis family, operators of Sleepeezee Bedding and other furniture businesses.
It comprises a freestanding, five level Manhattan-style building over 1706 square metres featuring bespoke floors of 250 square metres and large industrial style windows.
The 361 square metre corner site has 22 metres frontage.
Xu paid $11.5 million for the property in September 2015.
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j.ballantyne1990-6AQqhLzZaK

Golden Age's Jeff Xu sells Melbourne laneway building

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Golden Age Group has recently launched the website for its Sky Garden Residences, to be developed above airspace as part of The Glen redevelopment project. City of Monash initially approved plans for the $500 million redevelopment of The Glen shopping centre in Glen Waverley in 2015.

Key features of The Glen redevelopment include:

<ul>
<li>an expansion of the retail centre across the existing car park in Springvale Road, Glen Waverley</li>
	<li>three apartment towers above the retail podium, with the highest being 20-storeys</li>
	<li>a new public square at the entrance to the shopping centre, with cafes and restaurants creating a cosmopolitan connection between Kingsway and The Glen.</li>
</ul>
In November 2016, Council approved an amended permit for the residential towers at 235 Springvale Rd, Glen Waverley which was once again amended and approved in January 2018. 

Key aspects of the proposed amendments relate to modification of the overall massing, layout and mix of residential apartments of Building A, (Signature Building), B (Urban Building) and Building C (Kingsway Axial Building). 

Each building will increase in overall height by 1m and will adopt a new facade treatment to what was originally approved.

The revised plans prepared by RotheLowman include an additional 89 car spaces and the provision of 555 apartments across the three towers comprising of: 

<ul>
<li>127 x 1 bedroom apartments; </li>
	<li>371 x 2 bedroom apartments; and </li>
	<li>57 x 3 bedroom apartments. </li>
</ul>
<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_glen_skygardens.jpg" rel="gallery-all" title="Sky Gardens as the name suggests has 4,000 sqm of communal open space. Image : skygardenresidences.com.au"><img alt="" class="image-article-full-width-580px" height="221" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/the_glen_skygardens.jpg?itok=bGaRtxSZ" title="Sky Gardens as the name suggests has 4,000 sqm of communal open space. Image : skygardenresidences.com.au" width="580"></a>

<figcaption>Sky Gardens as the name suggests has 4,000 sqm of communal open space. Image : skygardenresidences.com.au</figcaption></figure>A large part of the project's appeal according to Golden Age Group is the 4,000 sqm of open space across the three towers and the views on offer from within, which encompass the Dandenong Ranges and the Bay.

The new residences will also take advantage of their position within the newly revitalised shopping and entertainment precinct of The Glen Shopping Centre.

<ul></ul>
The first stage of the redevelopment of The Glen - the Fresh Food Market Hall - opened in September 2017 and is located on the lower ground level offering a wide choice and variety of fresh produce and specialty ingredients in one location.

The Fresh Food Market Hall features an ALDI, latest format Woolworths, Coles and 60 boutique food retailers and specialty stores.

Vicinity Centre's redevelopment of The Glen will occur across five stages spanning three years which will create a new 'town square' with dining over two levels, new mini-majors, a fresh food market hall and 240+ select stores on completion. The five stages of the redevelopment are summarised below.

<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/img_8048.jpg" rel="gallery-all" title="Probuild has advanced construction on The Glen "><img alt="" class="image-article-full-width-580px" height="377" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_8048.jpg?itok=o_dIE0Op" title="Probuild has advanced construction on The Glen " width="580"></a>

<figcaption>Probuild has advanced construction on The Glen</figcaption></figure>The Glen Stages :

<ul>
<li>Stage 1 - Now Open: Fresh Food Market Hall</li>
	<li>
	Stage 2 - Early 2018: New Food Gallery
	</li>
	<li>
	Stage 3 - Late 2018: Fashion &amp; Lifestyle
	</li>
	<li>
	Stage 4 - Late 2019: David Jones, Premium Fashion &amp; New Town Square
	</li>
	<li>
	Stage 5 - Early 2020: Mini Majors Precinct
	</li>
</ul>
<iframe allow="autoplay; encrypted-media" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/l0Atr-Luux4" width="560"></iframe>
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Sky Garden residences launched as construction progresses on The Glen

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More than $150 million sold at the sales launch of The Harrington Collection in The Rocks on Saturday morning.
But just 36 of the 58 abodes, including one of two $8 million plus penthouses, sold.
Pricing still reflected the boom times, with fewer interested buyers.
Prices started for the <a href="https://www.realestate.com.au/project/the-harrington-collection-the-rocks-600018998" target="_blank">one-bedders from $1.25 million</a>, two-bedders from $2.1 million and three-bedder from $3 million, with spaces ranging from 52 sqm-66 sqm internal for ones, two-bed apartments from 71sqm-100 sqm.
<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/2017/11/6/HARRINGTON2.jpg" alt="">
The optimist salesman Ben Stewart told Domain he expected the remaining apartments to sell before the end of the month.
Stewart, a senior director at CBRE Residential Projects, had expected the apartments to appeal to downsizers, city professionals and buyers looking for an inner-city “touchdown pad”.
CBRE's chairman of residential projects in Sydney, Justin Brown has noted there had been "a reduction in investors and foreign purchasers within the market that will affect the ability for developers to achieve pre-sales in the future."
"The off the plan market in 2017 normalised ... we saw purchasers seeking value," he told Fairfax Media.
Selling just half of its 131 apartments on the morning of its launch, Castle Residences ranks among the weakest of CBRE off the plan launches this year.
Sales did include the Castle Residences’ penthouse, which sold for $18 million ($62,000 per square metre) at its 203 Castlereagh Street location.
Golden Age Group bought the leasehold, which sits in the historic Baker's Terraces area, from Arena Office Fund for $50 million in 2014.
<div class="cq-article-content-paras section">
<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/2017/11/6/HARRINGTON3.jpg" alt="">
It was a joint development by Golden Age Group and Hannas made up of 49 new apartments, seven town homes and two restored Victorian-era terraces.
The project known as The Harrington Collection will also include commercial office space along with retail.
It will span nine floors to a design by architects FJMT which got instructions from developer Jeff Xu for a smaller boutique development to provide a richer overall experience.
</div>
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Buyer hesitancy over price at The Harrington Collection suggest the Golden Age is over

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Jeff Xu’s Golden Age is pushing ahead with its $500 million luxury residential tower on the eastern edge of Melbourne’s CBD.
But he has redesigned the Spring Street project for top-end owner-occupiers.
There are 145 apartments proposed for the 39-storey building.
Surrounded by heritage-listed buildings and overlooking Parliament House, the project has an end value of approximately $500 million that will add a significant bow to Golden Age’s $4.2b portfolio.
The 85 Spring Street project was bought from Grocon who had approval for 225 apartments, after trimming its earlier proposal from 305 apartments over 44 levels when it had failed to gain the green light from Victorian Planning Minister Richard Wynne.
Golden Age has a $4.2 billion residential and commercial portfolio.
Its suggested prices ranging from $698,000 for a one-bedroom up to $8 million for the top three-bedroom in the Bates Smart designed project.
“When undertaking this project we looked at the existing product mix and completely redesigned it for our target market,” Mr Xu told The Australian.
“We set about reducing the number of apartments and making each more spacious with a dedication to additional living, dining and leisure rooms.”
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