<a href="https://www.apartments.com.au/developers/skymark-group">Skymark</a>'s boutique Cronulla development Solis has secured a 10-year Latent Defects Insurance policy through Resilience Insurance, providing buyers of the 16-residence building on Ewos Parade with structural and waterproofing protection that extends a decade beyond the building's completion.

Currently under construction and due for completion in late 2027, <a href="https://www.apartments.com.au/new-apartments/solis-cronulla-8-ewos-parade-cronulla-nsw-2230">Solis</a> is one of a small number of new developments in the Sutherland Shire to carry Resilience LDI coverage, a distinction that carries increasing weight as buyer confidence in the off-the-plan sector continues to be shaped by how developers stand behind their product.

Latent Defects Insurance, which entered the Australian market in 2022 when Resilience Insurance was approved to offer the cover, protects buyers against major structural or waterproofing defects for ten years post-completion. Unlike traditional statutory warranties, it operates as a first-resort policy, if a covered defect arises, the insurer responds directly, without the buyer needing to pursue the builder or developer through a lengthy claims process.

Resilience Insurance CEO Corey Nugent has noted that the product addresses something fundamental to the new apartment market.

"The overarching feedback from prospective buyers in the new development space is that they want more confidence and assurances around the quality of the build," Nugent says.

"Resilience Insurance Latent Defects Insurance not only gives them complete peace of mind for 10 years, but it shows the developer they are buying from is standing by their product."

[smartcode_project:default project_id=150499 project_image_fid=370898]

For Solis, the Resilience LDI policy adds a meaningful layer of accountability to an already considered project. The development comprises nine two-bedroom and seven three-bedroom residences, including one dual-level three-bedroom apartment, across a five-storey building on Ewos Parade, positioned between Shelly Beach and South Cronulla.

Garden apartments connect directly to private landscaped courtyards, while upper-level homes capture beach views to the east from level four and above.&nbsp;

All 16 residences include at least one balcony or courtyard, and select apartments on the upper floors feature bar areas and secondary flexible living spaces.

Hiba Sander, Managing Director of Skymark, says Solis offers a rare balance, nestled between the quiet beauty of secluded beaches and the lively charm of South Cronulla's esplanade.

"It's a place to choose your pace and live gracefully, seaside'," Sander says.

[smartcode_project:default project_id=150499 project_image_fid=370900]

The architecture, designed by <a href="https://www.apartments.com.au/architects/ida-design-group">IDA Design Group</a>'s Michael Trinh, draws from the natural erosion patterns of <a href="https://www.apartments.com.au/developments/cronulla-nsw-2230">Cronulla</a>'s sandstone headlands, translating the organic forms of the coastline into soft curves, pavilion-style massing, and a material palette chosen for longevity in a salt-tinged environment.&nbsp;

Textured natural stone, soft renders, and timber-look battens reference the tones of the surrounding cliffs, while the building has been oriented to maximise natural light and passive ventilation, with primary living spaces facing north and east to capture morning sun and sea breezes.

"At Solis, our aim was to create architecture that feels quietly confident, grounded in natural materials like stone and timber, and elevated by light and landscape," Trinh says.&nbsp;

"The buildings are designed to sit gently within their coastal surrounds, with expansive glazing and abundant greenery creating a seamless dialogue between inside and out."

[smartcode_project:default project_id=150499 project_image_fid=370897]

Interiors by <a href="https://www.apartments.com.au/architects/hot-black">Hot Black</a> carry the same material language through to every room. Kitchens feature integrated Gaggenau appliances, sculpted stone benchtops, and Lo &amp; Co joinery, while bathrooms feature natural stone, timber, and brushed metal finishes.&nbsp;

Hot Black Founder and Design Director Sophie Safrin describes the intent as one of considered restraint: "At Solis, every detail has been thoughtfully considered to create a timeless coastal retreat, calm, refined, and effortlessly liveable. From natural finishes to seamless indoor-outdoor flow, Solis offers a quiet elegance that's deeply connected to its surroundings.

The landscape, designed by Julian Brady of <a href="https://www.apartments.com.au/landscape-architect/sitedesignstudios">Site Design Studios</a>, treats green space as an integral part of the resident experience rather than an afterthought.&nbsp;

"Gentle curves and layered native plantings mirror the ebb and flow of the ocean," Julian Brady says, "creating a serene connection between architecture and place."&nbsp;

Coco Republic has provided bespoke furniture packages tailored to the project's coastal palette.

[smartcode_project:default project_id=150499 project_image_fid=370899]

Skymark has an established track record in the Sutherland Shire, with a portfolio spanning Cronulla, Woolooware and Burraneer that includes Isla, Sylva, Bask, Shells, Sula and Mist. Securing LDI on Solis reflects a broader shift in how the developer is positioning its buildings to buyers, at a time when Resilience Insurance expects the policy to become mandatory in New South Wales by 2028.

Sales at Solis are launching soon through Ray White Projects, with an official event scheduled for 11 June. Enquire for more information.

[smartcode_project_cta:default project_id=150499]

Joel Robinson

Skymark takes out 10-year Resilience Insurance LDI at Solis Cronulla

Investors may soon find themselves with fewer reasons to buy established property and more incentives to look towards the new apartment market.

Proposed changes to negative gearing and capital gains tax concessions would see new and off-the-plan apartments retain access to the tax benefits, while established properties would miss out, creating a clear advantage for buyers purchasing newly built housing.

The policy direction aligns with what many developers have been saying for several years. Australia needs more housing supply, and governments are increasingly looking for ways to encourage investment into new stock rather than existing homes.

The challenge for investors is that suitable product is becoming harder to find.

For much of the last decade, one-bedroom apartments were the cornerstone of investor demand. They offered a lower entry price, strong rental appeal, and were a common feature across most apartment developments.

Today, the development pipeline looks very different.

Across both New South Wales and South East Queensland, developers are increasingly targeting owner-occupiers and downsizers, delivering larger two, three and four-bedroom apartments in response to changing buyer preferences. While one-bedroom apartments still exist, they now form a much smaller portion of many new projects.

That shift has created a shortage of investor-friendly stock, particularly in well-located projects close to transport, employment hubs and lifestyle amenity.

At the same time, rising apartment prices have pushed many new developments beyond the reach of traditional investors. On the Gold Coast and across South East Queensland, it's becoming increasingly difficult to find new apartments priced around the $1 million mark, particularly those offering strong rental fundamentals and long-term growth prospects.

We've rounded up four new apartment developments where investors can still secure a foothold in the market for around $1 million or less.

<h2 data-end="1140" data-start="844">Flourish Soleira</h2>

<h2>Priced from: $1.07 million</h2>

Popular Palm Beach developer Sherpa is soon to officially launch its newest local apartment development, Flourish Soleira.

The one-bedroom apartments in the building were only offered to first home buyers rather than investors, and all of those have been snapped up. The two-bedroom apartments will start from $1.07 million, and the three-bedrooms, still a good investment given the popularity of Palm Beach for owner-occupiers, starting at $2,045,000.

&nbsp;

[smartcode_project:default project_id=150017 project_image_fid=370964]

Flourish Soliera will comprise 153 apartments across two buildings, connected by a skybridge, the first ever delivered in the suburb.

True to Sherpa's booming Flourish brand of apartment projects, Flourish Soleira will have extensive rooftop amenity across both buildings including a&nbsp;wellness centre with gym, work from home, yoga, pilates, a&nbsp;heated pool, private dining rooms, pizza oven and barbecues, basketball court, and golf simulator.

<h2>Corallo, Palm Beach</h2>

Priced from: $841,500

Nearby Flourish Soleira is Changfa Group's beachfront-inspired Corallo development. They still have some one-bedroom apartments remaining, priced from $841,500.

The 105-apartment project on Palm Beach Avenue is otherwise dominated by larger two and three-bedroom residences, many of which are aimed at owner-occupiers and downsizers.

[smartcode_project:default project_id=112194 project_image_fid=808]

For investors, the appeal lies in Palm Beach's continued transformation from a laid-back beachside suburb into one of the Gold Coast's most sought-after residential markets. Residents at Corallo will be within walking distance of Palm Beach's surf beaches, the recreational amenity of Tallebudgera Creek, and the increasingly popular collection of cafes, restaurants and boutique retailers along the suburb's central dining precinct.

<h2>Corner House, Stones Corner</h2>

<h2>Priced from: $880,000</h2>

One of only two Brisbane apartment developments to make the list with prices under $1 million is DeMartini Fletcher's Corner House development in Stones Corner.

One-bedroom apartments start from $880,000 within the 88-apartment development, providing investors with exposure to one of Brisbane's most established inner-south locations.

[smartcode_project:default project_id=149098 project_image_fid=330594]

Stones Corner has long been supported by strong tenant demand due to its proximity to major employment and education destinations. The suburb sits less than five kilometres from Brisbane's CBD and is within easy reach of the Princess Alexandra Hospital, Greenslopes Private Hospital, Queensland Children's Hospital and several university campuses.

The project's location within a walkable urban village environment, surrounded by retail, dining and public transport infrastructure, continues to attract both professionals and healthcare workers seeking accommodation close to work.

Parkdrive Apartments, Chermside

Priced from: $749,000

The most affordable apartments across Brisbane's new and off the plan market are in Chermside where developer AusDev is selling one-bedroom apartments from $749,000, and two-beds from $929,000, at its recently launched Parkdrive development.

The development is strategically positioned in one of Brisbane's largest employment and retail precincts, placing residents within easy walking distance of Westfield Chermside, The Prince Charles Hospital, St Vincent's Private Hospital Northside and the suburb's major bus interchange.

[smartcode_project:default project_id=152125 project_image_fid=363782]

Already under construction and scheduled for completion in early 2028, Parkdrive benefits from Chermside's ongoing evolution into Brisbane's northern metropolitan centre. The suburb continues to attract significant public and private investment, supporting population growth and underpinning long-term rental demand.

For investors focused on yield and tenant depth, the combination of healthcare, retail and transport infrastructure within close proximity provides a strong foundation for occupancy and rental performance.

Investors to turn to new apartments after Federal Government changes spark hunt for Queensland's best $1 million apartments

A mix of Gold Coast locals, fly-in, fly-out purchasers from Sydney and Melbourne, and Brisbane-based families has driven early sales success at Broadbeach's newest apartment tower, Lumara.

The 26-level project, a joint venture between builder-developer 5Point Projects and Bourke Projects, comprises just 37 luxury residences and is attracting a buyer profile that is looking for exclusivity, above the most amenity-rich suburb on the Gold Coast.

[smartcode_project:default project_id=150454 project_image_fid=364156]

Jamie Bourke, Director of Bourke Projects, says every buyer secured so far intends to use Lumara as a lock-up-and-leave residence, combining holiday use with the ability to work remotely when required.

“The size of the apartments, both half- and full-floor options, and the different zones within the floorplans, lends itself perfectly to dedicated home office setups and multi-generational family holidays,” Bourke says.

That flexibility has become a key drawcard for affluent buyers seeking a second residence on the Gold Coast without sacrificing the ability to conduct business away from their primary home base.

The absence of holiday letting within the building has also resonated strongly with purchasers.

“This type of buyer doesn't need to generate holiday rental income,” Bourke says. “They're paying for exclusivity, privacy and certainty around who their neighbours are.”

[smartcode_project:default project_id=150454 project_image_fid=366491]

The strong demand comes amid broader shifts in the high-end apartment market following the Federal Budget announcements in May.

“We were already seeing strong enquiry from high-net-worth buyers, but that has only accelerated since the policy changes,” Bourke says.

“A lot of those buyers are looking to place more capital into premium lifestyle assets rather than investment-grade stock that has been targeted by the Federal Government.”

[smartcode_project:default project_id=150454 project_image_fid=366486]

Designed by Cottee Parker, Lumara adopts a slender, sculpted form with an emphasis on natural materials suited to its beachfront setting. The architectural approach draws on coastal influences, with a palette of stone, timber and concrete selected for durability and the ability to weather over time.

Apartments are limited to three and four-bedroom configurations, with a maximum of two residences per floor through the mid-levels and a selection of full-floor and dual-level homes in the upper levels. All apartments are oriented to the north to maximise natural light, cross-ventilation and views across the ocean, city skyline and hinterland.

A two-level amenity offering is positioned high within the building on levels 20 and 21, conceived as a sky wellness retreat. Facilities include a magnesium pool, spa, sauna and steam rooms, alongside more social spaces such as a private dining room, resident lounge, workspaces and outdoor barbecue areas integrated with landscaped greenery.

The uppermost levels are reserved for larger-format residences, including several full-floor homes and a dual-level penthouse with its own private wellness features and recreational spaces.

&nbsp;

To give buyers confidence, 5Point and Bourke commenced construction ahead of the apartments launching to the market, a sure-fire way to prove they mean business, and the building will be delivered. They are targeting a 2028 completion date.

[smartcode_project_cta:default project_id=150454]

Locals, interstate holiday makers, drive early sales at Lumara, Broadbeach's newest luxury apartment tower

Often when it comes to purchasing property, the biggest barrier to entry is the deposit. Buyers of established homes typically aim for a 20 per cent deposit to avoid the added cost of Lenders Mortgage Insurance, while most property transactions require around a 10 per cent deposit when contracts are exchanged.

The off-the-plan market works differently, with buyers typically paying a deposit during construction and settling the balance upon completion. As completion approaches at <a href="https://www.apartments.com.au/new-apartments/fabbrica-fitzroy-369-gore-street-fitzroy-vic-3065">Fabbrica Fitzroy</a>, developer <a href="https://www.apartments.com.au/developers/pace-development-group">Pace</a> is making it easier for buyers to secure a residence through a deposit-matching incentive. Purchasers need only contribute a five per cent deposit*, with Pace matching the remaining five per cent.

The offer comes as Pace unveils a completed display apartment and townhouse, now available for inspection by appointment ahead of the project's Spring completion.

[smartcode_project:default project_id=139552 project_image_fid=371009]

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/winwood-mckenzie-architecture">Winwood Mckenzie</a> and landscaping by <a href="https://www.apartments.com.au/landscape-architect/acre">Acre</a>, Fabbrica draws on Fitzroy’s industrial and manufacturing history, incorporating references to the former Argyle Shirt Factory and Life Savers Confectionery Company that once occupied the site.

The development comprises 85 residences, spanning low-maintenance apartments through to larger-format townhouses with private street access and double lock-up garages, a relatively uncommon offering in Fitzroy’s higher-density apartment market.

Pace says the project has been designed to appeal to buyers seeking inner-city convenience without sacrificing space, flexibility, or amenity.

[smartcode_project:default project_id=139552 project_image_fid=371016]

Inside the residences, Winwood Mckenzie has focused on adaptable layouts and integrated detailing, with features including custom joinery, and concealed storage solutions. The material palette leans into warm, tactile finishes intended to complement the building’s industrial architectural language.

Fabbrica’s rooftop amenity is a key part of the project offering. Spanning around 800 sqm, the communal rooftop includes a private dining room, communal kitchen, lounge spaces, work-from-home zones, and outdoor dining areas overlooking the Melbourne CBD skyline.

[smartcode_project:default project_id=139552 project_image_fid=371017]

Landscape architecture studio Acre has introduced a layered rooftop garden designed to soften the urban setting while creating a more communal environment for residents.

The Fitzroy location also positions residents within walking distance of Brunswick Street, Smith Street, parks, cafés, galleries, and public transport, while remaining only minutes from Melbourne’s CBD. The project has an enviable Walk Score of 96.

[smartcode_project:default project_id=139552 project_image_fid=371025]

Pace, which is also delivering the project as builder, has developed more than 100 projects across Melbourne over the past three decades. The vertically integrated approach has become increasingly common among developers seeking greater control over construction delivery amid broader market pressures affecting the apartment sector.

The strikingly contemporary Gore Street development is now around 70 per cent complete, with purchasers expected to move into their new homes in Spring 2026. A limited number of residences remain available under the current deposit match offer.

*Conditions apply in relation to the deposit match offer.

[smartcode_project_cta:default project_id=139552]

Pace offers five per cent deposit match at Fabbrica Fitzroy ahead of Spring completion

Sydney developer Hyecorp's roots on the Lower North Shore stretch back three generations, and that deep understanding of the market continues to shape where and how it develops today.

From high-rise towers to boutique apartment projects, the family-run developer has built its reputation by focusing on a part of Sydney it knows intimately. Founded by Michael Abolakian in the early 1990s, Hyecorp is now led by his sons Stephen, Troy and Patrick.

Stephen Abolakian, joint managing director alongside Troy, has spent more than two decades in the business, overseeing development, planning, finance, marketing and sales.

Abolakian says the developer's disciplined focus on where it chooses to operate has been, and continues to be, one of Hyecorp's greatest strengths.

“We know the buyer profile exceptionally well,” Abolakian says.

“The demographics between places like Willoughby, Chatswood, St Leonards and Roseville are very similar. There are nuances between suburbs and projects, but culturally and from a buyer perspective, there’s a strong overlap.”

That buyer has historically been overwhelmingly owner-occupier driven.

Unlike many Sydney apartment developers that have traditionally relied heavily on investor demand, Hyecorp’s projects have typically attracted downsizers, upsizers, rightsizers and family owner-occupiers seeking long-term homes rather than short-term investments.

“Historically, investors have been a much smaller portion of our demand profile,” Abolakian says.

“We design for owner-occupiers. We don’t design for yield, we design for comfort, amenity, family living and long-term usability.”

That philosophy extends well beyond apartment layouts.

From landscaping and communal gardens to shared amenities and circulation spaces, Hyecorp’s developments are designed around how people actually live, something Abolakian believes has become increasingly important in Sydney’s apartment market.

“There was probably a period where having an approved project in market was enough,” he says.

“There wasn’t as much competition and if you built it, buyers would come. That’s no longer the case.”

“There’s more supply in the pipeline now, particularly with TOD precincts and low and mid-rise reforms opening up opportunities across Sydney. Buyers have more choice, so if you get the product wrong, they’ll simply go elsewhere.”

[smartcode_project:default project_id=110379 project_image_fid=311393]

The shift has forced developers to become more sophisticated in how they approach apartment design, particularly as owner-occupier expectations continue to rise.

For Hyecorp, that means thinking beyond who the buyer is today and designing for who they may become in five or 10 years' time.

“People buying now often aren’t moving in for several years,” Abolakian says.

“You might have a young couple buying today, but by the time they move in they may have children, older children, or changing lifestyle needs. You’ve got to think about how families evolve.”

That thinking also shapes Hyecorp’s approach to amenity, which positions wellness at the forefront.

[smartcode_project:default project_id=149594 project_image_fid=362634]

While resort-style facilities have become increasingly common marketing tools across Sydney apartment developments, Abolakian says the challenge is ensuring amenities are genuinely usable and appropriate for the scale of the project.

“If amenities are done right, they can materially improve the living experience,” he says, adding however that if you&nbsp;overdo it or get it wrong, you can end up with facilities nobody uses that simply create ongoing strata costs.”

That balance is something Hyecorp is aiming to strike with projects like Roseville Avenue, one of the group's upcoming Lower North Shore developments, which Abolakian describes as bringing a resort-style living experience into a metropolitan setting.

“It’s about creating something that feels special without being excessive,” he says.

“Good gardens, quality apartments, thoughtful amenity. Creating that resort feeling in a metro location.”

<img alt="Hyecorp" data-entity-type="file" data-entity-uuid="13c4c0f3-b1b7-44cf-9344-0b3d1d07797a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-02%20at%2012.14.57%E2%80%AFPM.png?VersionId=9OLWjyj2bYkDV35F78WJnyMSPfc2bJ2z" />

The focus on owner-occupier product comes as Sydney’s apartment market continues to navigate a difficult development environment.&nbsp;For Hyecorp, maintaining an in-house operating model across construction, sales, marketing and development management has become increasingly important in navigating that environment.

“We’ve always believed in keeping a lot of the process in-house,” Abolakian says.

“It creates efficiencies, but it also creates quality control. You can make faster decisions and ensure the end product stays aligned with the original vision.”

Despite the challenges, Abolakian believes demand for quality owner-occupier apartments across Sydney remains strong beneath the surface, particularly across established Lower North Shore suburbs where downsizers continue to seek new housing options close to existing communities.

“There are definitely people waiting,” he says.

“Once some of the broader uncertainty settles, whether that’s the global environment or some of the local economic noise, I think the right projects will perform very strongly.”

Hyecorp currently has three residential developments on the market across Sydney’s Lower North Shore.&nbsp;Audrey, St Leonards, positioned opposite Newlands Park, is nearing completion and preparing to welcome its first residents, with the project now almost sold out.

Hyecorp has also recently launched&nbsp;<a href="https://www.apartments.com.au/new-apartments/celine-chatswood-37-archer-street-chatswood-nsw-2067">Celine Chatswood</a>, an architectural tower, while continuing to deliver&nbsp;<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet Roseville</a>, a more boutique scale of development with just 34 apartments.

Why Hyecorp continues to back Sydney's Lower North Shore apartment market

Moonee Ponds

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Kangaroos forward Jarrad Waite is selling his Moonee Ponds home.
The Edwardian cottage is expected to fetch $1.15 million plus at its <a href="https://www.realestate.com.au/property-house-vic-moonee+ponds-123380294" target="_blank">September 17 auction</a>.
The three-bedroom home on Addison Street has been listed through Charles Bongiovanni of Alexkarbon, North Melbourne.
Waite was moving his growing family to a larger home with his wife Jackie and their baby son.
Waite and his wife have refurbished their double-fronted period home since purchasing in 2008 for $764,500, but have not altered its floorplan.
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firstname1-iYD4UYzvBa

Kangaroos forward Jarrad Waite lists Edwardian Moonee Ponds home 

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City of Moonee Valley's two main drivers, Essendon and Moonee Ponds, continue to bubble along in terms of apartment development.

Growland's 343-349 Ascot Vale Road has been joined at planning by CBD Development Group's 1144 Mt Alexander Road. These recently submitted applications are set to add hundreds of new apartments to Moonee Ponds and Essendon respectively, with the latter to also house a full size Coles supermarket and commercial space.

Combined with Caydon's phase 2 of the former Readings site, the three shape as City of Moonee Valley's three most notable projects at planning.

The Readings or Moonee Ponds Market site now resembles a construction site with LU Simon initiating works during July on the first phase of the massive residential development which will yield in excess of 600 apartments. Of interest is phase 2 of the development which if approved will deliver Moonee Ponds its tallest 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/fkmp1.jpg" rel="gallery-all" title="Podium perspective of Caydon's Moonee Ponds tallest. Planning image: Fender Katsalidis"><img alt="" class="image-article-full-width-580px" height="484" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/fkmp1.jpg?itok=4iIZ1cfd" title="Podium perspective of Caydon's Moonee Ponds tallest. Planning image: Fender Katsalidis" width="580"></a>

<figcaption>Podium perspective of Caydon's Moonee Ponds tallest. Planning image: Fender Katsalidis</figcaption></figure>A fair proportion of the 691 dwellings earmarked for phase 2 are found within a proposed 34 level tower designed by Fender Katsalidis Architects. At 107 metres it would comfortably surpass Mondo Tower's 17 levels to become Moonee Ponds' tallest building. See more renders <a href="/news">on the forum</a>.

Diagonally opposite the Readings development, The Moloney Group's 14 level apartment project at 33 Hall Street is at marketing and poised to deliver Moonee Ponds another high-rise.

Supporting these larger projects is a squad of medium and smaller apartment developments. <a href="/developments/moonee-ponds-vic-3039">28-30 Young Street</a>'s construction tender recently closed as did <a href="/buildings/parkside-apartments-64-keilor-road-essendon-north">Parkside</a>'s, while a host of additional projects such as Esse, Kin, The Alexander, MOPO and Alexa are under construction.

<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/image7_9.jpg" rel="gallery-all" title="Alexa and a nearly complete Leake Street"><img alt="" class="image-article-full-width-580px" height="253" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image7_9.jpg?itok=iY2wzxUj" title="Alexa and a nearly complete Leake Street" width="580"></a>

<figcaption>Alexa and a nearly complete Leake Street</figcaption></figure>From a sales perspective, two additional projects are poised to be offered to the public.

<a href="/buildings/curve-294-296-keilor-road-essendon-north">Curve Apartments</a> on Keilor Road is a Rothelowman-designed low-rise development on what was once a service station. While the final configuration is unknown, planning for the project envisaged 74 apartments.

Also set to launch is Alexandria at 852 Mt Alexander Road. Perched above Essendon Junction, Alexandria is an 11 Dimensions-designed 8 level apartment project with near on 60 apartments included. With the finishing touches currently being applied to the display, Alexandria is one of 6 apartment projects surrounding Essendon Station.

The largest of these is Revel Development Group's <a href="/new-apartments/linc-19-russell-street-essendon">13-21 Russell Street</a> which in its submitted version included 99 dwellings. The project was given the green light by VCAT earlier this year.

Apartments.com.au's Project Database has Mooneey Valley's major apartment centres containing the following number of active apartments: Essendon North with 370, Essendon with 666 and Moonee Ponds with a substantial 2,242.

<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/image_33.jpg" rel="gallery-all" title="Keilor Road's Curve. Image: curveessendon.com.au"><img alt="" class="image-article-full-width-580px" height="301" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image_33.jpg?itok=9-QQ6CcC" title="Keilor Road's Curve. Image: curveessendon.com.au" width="580"></a>

<figcaption>Keilor Road's Curve. Image: curveessendon.com.au</figcaption></figure>
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silvermb

Moonee Valley flush with development activity

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Melbourne high-rise developer Joe Russo has suggested finding new sites for development in Melbourne that stacked up was now a lot harder. 
He forecast a lot of smaller developers would run into trouble with banks tightening up their development lending criteria following changes enforced by APRA.
"To get a loan now you need a proven track record and you have to have more pre-sales," he said.
"So there will be a nice clean-out of development sites from these developers, who paid a lot of money, but who now can't make them work.
"They will try to offload them, but there aren't a lot of takers," he told The Australian Financial Review.
He said sites with permits had too-high price tags, while those without permits now came with too much planning risk, following new interim height controls last year by Victorian Planning Minister Richard Wynne.
Caydon has recently received approval for the first stage of its $700 million Moonee Ponds development in Melbourne's inner north-west.
Caydon has yet to secure a permit for the $1 billion Nylex site development in Cremorne.
Mr Russo paid over $42 million to buy the 13,400-square-metre Moonee Ponds site from Leighton Properties and Qualitas in April last year with plans for over 1200 apartments. 
Picture of Caydon's Margaret St Moonee Ponds development
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jchancellor-FAypfDUnLy

Joe Russo forecasts "clean-out" of smaller Melbourne developers

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Sitting in Moonee Valley City Council's offices last week and looking over the plans for <a href="/news/moonee-ponds-in-the-market-for-some-high-rise-activity">Hall and Margaret streets</a>, it struck me that we are starting to see the same level of developer confidence in Melbourne's suburbs that used to be contained to Southbank back in the 1990s.

Southbank Towers which stands 28 levels high, completed in 1997 and built by ubiquitous Southbank developer Central Equity, was a new milestone for the developer back in the day.

If you peruse <a href="http://www.centralequity.com.au/s_past_projects.php">CE's long list</a> of completed projects, you will see Southbank Towers set a new benchmark in scale for Central Equity which prior to Southbank Towers was building smaller-scale buildings in the inner city on both sides of the Yarra.

<iframe allowfullscreen="" frameborder="0" height="450" src="https://www.google.com/maps/embed?pb=!1m0!3m2!1sen!2sau!4v1443402034680!6m8!1m7!1sZcLlSQmUyz3x_dlyyNinEw!2m2!1d-37.8231592!2d144.9607381!3f151.71915787117135!4f31.37611199527079!5f0.4000000000000002" style="border:0" width="100%"></iframe>

The municipalities of Melbourne, Yarra, Port Phillip, Stonnington and Maribyrnong are referred to the inner sub-region of the previous State Government's Plan Melbourne strategy (from the archives: <a href="/news/how-much-urbanism-will-central-melbourne-need-to-build-by-2031">How much urbanism will central Melbourne need to build by 2031?</a>) and it is no secret these five LGA's are seeing the vast bulk of medium and high density dwellings built.

But as I say when we field requests from other media outlets about Melbourne development data, we really need to pay far more attention to the suburbs.

<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/plan_melb_central_subregion_0_0.jpg" rel="gallery-all" title="The inner sub-region of Plan Melbourne with the previous Government's proposal for a cross-city rail tunnel"><img alt="" class="image-article-full-width-580px" height="399" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/plan_melb_central_subregion_0_0.jpg?itok=LK-83JuD" title="The inner sub-region of Plan Melbourne with the previous Government's proposal for a cross-city rail tunnel" width="580"></a>

<figcaption>The inner sub-region of Plan Melbourne with the previous Government's proposal for a cross-city rail tunnel</figcaption></figure><h2>Why is 20 levels significant?</h2>

For no particular reason other than if we go back over the tall building history of Melbourne to the late 1950s when ICI House was constructed on land outside the CBD.

<a href="https://en.wikipedia.org/wiki/ICI_House">ICI House</a> has 20 levels, was once Australia's tallest building and at the time was the building which made a statement and set the cat amongst the pidgeons in terms of sending buildings even higher, just like Southbank Towers did for residential buildings in Southbank.

<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/orica_house.jpg" rel="gallery-all" title="ICI House. Image CC BY SA Wikipedia."><img alt="" class="image-article-full-width-580px" height="774" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/orica_house.jpg?itok=DJRpLedD" title="ICI House. Image CC BY SA Wikipedia." width="580"></a>

<figcaption>ICI House. Image CC BY SA Wikipedia.</figcaption></figure><h2>The hills are alive with sound of piling rigs</h2>

Earlier this year we reported on <a href="/news/whitehorse-towers-box-hills-largest-development-approved">Whitehorse Tower's approval</a> and it has since sold out and started construction.

<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_6632.jpg" rel="gallery-all" title="Whitehorse Towers site works in full swing. Image Mark Baljak"><img alt="" class="image-article-full-width-580px" height="463" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_6632.jpg?itok=FaHyxguH" title="Whitehorse Towers site works in full swing. Image Mark Baljak" width="580"></a>

<figcaption>Whitehorse Towers site works in full swing. Image Mark Baljak.</figcaption></figure>As the suburb's name suggests, Box Hill is an elevated area so when you build a tower, or two in Whitehorse Towers' case - 36 and 26 levels respectively - the towers become more prominent when viewed from a distance. Not to mention I dare say the views from this project will be utterly spectacular.

However when you take a good look at the other development within a one kilometre radius, a development story emerges of a suburb that is not too dissimilar to that of one company's: Central Equity.

We are tracking <a href="/new-apartments/box-hill-vic-3128">21 projects</a> in Box Hill and most are in the four to tweleve level range. Some examples include Chloe, <a href="/buildings/elland-avenue-2-elland-avenue-box-hill">Elland Avenue</a> and <a href="/new-apartments/757-station-street-box-hill">757 Station Street</a>. This is replicated in other major suburban nodes in Melbourne.

<h2>Moonee Ponds: the east can't all have the fun</h2>

As reported earlier this morning, <a href="/news/moonee-ponds-in-the-market-for-some-high-rise-activity">Caydon have lodged plans</a> for two more towers on what's known as the Readings site in Moonee Ponds, the tallest of which punches through the old Melbourne barrier of 20 levels.

Like its 20+ level counterpart in the East, Moonee Ponds is elevated - around 45 metres above sea level - and the area is not without high-rise residential precedent.

<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_6580_0.jpg" rel="gallery-all" title="Caydon's new proposal for Hall Street. Image from Planning Application"><img alt="" class="image-article-full-width-580px" height="644" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_6580_0.jpg?itok=EnoJhqHN" title="Caydon's new proposal for Hall Street. Image from Planning Application" width="580"></a>

<figcaption>Caydon's new proposal for Hall Street. Image from Planning Application</figcaption></figure>The proposal which is currently before Moonee Valley City Council measures 68 metres and when taking the already elevated position into account, the tower like Whitehorse Towers will act as an anchor in the suburban skyline should it be approved in its current form.

Moonee Valley already has one building complete above the 20 level barrier in Travancore and another under construction opposite Flemington Racecourse, however the Hall Street proposal is first in the elevated section of Moonee Ponds and in its traditional activities district.

<h2>Hills and public transport, a recipe for development confidence?</h2>

The location of both of these suburbs in elevated areas is significant however I would argue there is something far more significant.

Both Moonee Ponds and Box Hill are two of suburban Melbourne's richest "non-rail junction" public transport nodes: they are both simply major stations on single rail lines.

While Box Hill's rail frequency does benefit from the junction-effect of combining rail services into a single line at Ringwood in this case, Moonee Ponds and Box Hill are hubs for all three modes of public transport: heavy rail lines, trams and both boast large bus hubs (although, Box Hill bus hub is <a href="/news/is-it-time-to-reconfigure-the-moonee-ponds-transport-interchange">better connected to heavy rail than Moonee Ponds</a>).

<h2>Where could the 20 level barrier be breached next?</h2>

If I were a betting man, the rail junction suburbs of Melbourne outside the inner city - Dandenong, Caulfield, Ringwood, Camberwell, Newport and Sunshine - are likely to be the next suburbs to stare down the old Melbourne barrier.

Dandenong is ever so close with <a href="/developments/dandenong-vic-3175">Spectra</a> having 17 levels and the suburb has another 22 projects ranging in floor heights from four to twelve. Ringwood is half way there with 10 levels at <a href="/buildings/233-east-233-maroondah-highway-ringwood">233 Maroondah Highway</a>, the suburb has another five projects in the four to eight level floor height range.

Camberwell? Despite its penchant for fostering celebrity NIMBYism, it actually chalks up eleven projects in the three to nine level range.

Caulfield has not reached the heights that Ringwood has as yet in the same region Malvern East has <a href="/buildings/vanguard-781-807-dandenong-road-malvern-east">Vanguard</a> at 18 levels as well as a good mix of four to eight level projects. Sunshine has a sole <a href="/developments/sunshine-vic-3020">nine level building</a> on the database and we are not tracking anything for Newport as yet.
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Alastair Taylor

20 years after Southbank Towers, the suburbs are punching through the 20 level barrier

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Subsequent to an earlier article which <a href="/news/moonee-ponds-on-the-up-and-up">highlighted the first phase</a> of the massive and long overdue redevelopment of the former Readings site in Moonee Ponds, further plans are now available which detail the second and more substantial portion, of what will constitute stage one of the overall development.

While <a href="/buildings/margaret-st-7-aspen-street-moonee-ponds">34-36 Margaret Street</a> is well advanced with preliminary marketing material circulating throughout the industry, the wraps can be taken off 40 Hall Street which envisages two apartment towers with the tallest reaching 22 levels.

Stage one of the development has the capacity to deliver 626 apartments on the site which sits between multiple transport nodes.

<h2>34-36 Margaret Street and 40 Hall Street</h2>

<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_6580.jpg" rel="gallery-all" title="Hero perspective from Hall Street. Image courtesy Caydon"><img alt="" class="image-article-full-width-580px" height="644" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_6580.jpg?itok=t0b_EXOt" title="Hero perspective from Hall Street. Image courtesy Caydon" width="580"></a>

<figcaption>Hero perspective of the Hall Street aspect. Image courtesy Caydon</figcaption></figure><ul>
<li>Site area: 7,979.6sqm (60% of the Readings site)</li>
	<li>6, 13, 16 and 22 level residential buildings</li>
	<li>Heights ranging between 18.6 and 67.9 metres</li>
	<li>626 apartments: 385 x 1BR, 240 x 2BR, 1 x 3BR</li>
	<li>1,044sqm of retail space over six double height tenancies</li>
	<li>3 basement levels holding 551 vehicles and 226 bicycles</li>
	<li>Extensive landscaping includes a new civic plaza, green podium treatment and rooftop gardens</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/img_6578.jpg" rel="gallery-all" title="Moonee Ponds Market's expected yield. Image courtesy Caydon"><img alt="" class="image-article-full-width-580px" height="313" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_6578.jpg?itok=V5HVKMCZ" title="Moonee Ponds Market's expected yield. Image courtesy Caydon" width="580"></a>

<figcaption>Moonee Ponds Market's expected yield. Image courtesy Caydon</figcaption></figure>The graphic above demonstrates the sections of the site that will be split over the staged development. Margaret Street and Hall Street will be activated via Stage1, with the balance of the site which fronts both Homer Street and Everage Street set for future attention.

A civic plaza is slated for the mid regions of the site, acting as a linking space to surrounding streets.

<blockquote>
The plaza will be characterised by strong spatial containment punctuated by advanced tree planting. The paving design provides a way to transition between the language of Hal Street paving (by Council) and the language of the plaza, which will be made from sampling the diverse and textured materials that can be seen within the Moonee Ponds site.
<cite>Oculus statement, landscape report</cite>
</blockquote>

Glass, timber, metal, concrete and brick finishes will define the building exteriors.

The overall layout depicted above is generally in line with a <a href="http://www.plusarchitecture.com.au/portfolio/monee-ponds-masterplan/">Plus Architecture-conceived masterplan</a> for the entire site. While indicative heights have been given for three of the four future buildings, it remains to be seen what will materialise at the north east corner of the site, with previous concept plans indicating 30 levels of apartments living is not out of the question.

<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/image29_2.jpg" rel="gallery-all" title="A comparison of old and new. Images courtesy Caydon and Plus Architecture"><img alt="" class="image-article-full-width-580px" height="296" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image29_2.jpg?itok=BPhVbmOQ" title="A comparison of old and new. Images courtesy Caydon and Plus Architecture" width="580"></a>

<figcaption>A comparison of old and new. Images courtesy Caydon and Plus Architecture</figcaption></figure>Caydon have rapidly advanced plans for the prime site after revealing they were the buyer of the 1.34­ha parcel during April of this year. Leighton Properties and project partner Qualitas had held the site until the sale, submitting plans for a Plus Architecture-designed 16 level residential tower (above right) that subsequently gained planning approval.

Caydon have of late used Fender Katsalidis to design their upcoming batch of projects, with the Margaret Street and Hall Street designs no exception.

<h2>Hall and Margaret Street planning application team</h2>

<ul>
<li>Developer: Caydon</li>
	<li>Architecture: Caydon (with Fender Katsalidis)</li>
	<li>Planning: Urbis</li>
	<li>Landscaping: Oculus</li>
	<li>Traffic: GTA Consultants</li>
	<li>Wind: Vipac</li>
	<li>Waste: Leigh Design</li>
</ul>
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Moonee Ponds in the market for some high-rise activity

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Already underpinned by a handful of current apartment developments, Moonee Ponds looks set to receive as many as 400 new apartments over two separate residential buildings.

The suburb's two main property developers are behind the respective developments. The Moloney Group continues to add to their pipeline of projects in and around the Moonee Ponds Activity Centre with 687 Mount Alexander Road, while Cremorne-based Caydon by virtue of their purchase of the expansive 13,390sqm Readings site weigh in with that site's first offering, 36 Margaret Street.

<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/image58aw.jpg" rel="gallery-all" title="Amnon Weber's design for 687 Mount Alexander Road"><img alt="" class="image-article-full-width-580px" height="553" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image58aw.jpg?itok=xVFzDSe9" title="Amnon Weber's design for 687 Mount Alexander Road" width="580"></a>

<figcaption>Amnon Weber's design for 687 Mount Alexander Road</figcaption></figure>Revised plans have been submitted for <a href="/new-apartments/687-mount-alexander-road-moonee-ponds">687 Mount Alexander Road</a> in response to requests made by Moonee Valley City Council. In its current form 687 Mount Alexander Road would see 220 apartments created within a 14 level residential tower. Originally prepared during December 2014, the rejigged design also sees the creation of six new retail spaces at ground level with a total of 548sqm available.

Within the Amnon Weber-designed tower are 94 x 1 bedroom apartments, 122 x two bedroom apartments and 4 x three bedroom apartments designated as penthouses. 167 car parking spaces and 134 bicycle bays are catered for within two basement levels.

Post the completion of One9 Apartments, The Moloney Group have <a href="http://www.heraldsun.com.au/leader/west/moonee-ponds-to-become-mecca-for-highrises/story-fngnvmj7-1226880892573">four separate development plots</a> in their Moonee Ponds portfolio. 687 Mount Alexander Road joins fellow 14-level proposal <a href="/news/central-35-33-35-hall-street-moonee-ponds">33 Hall Street</a> as projects which have gone to council on behalf of the developer.

<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/image59mar.jpg" rel="gallery-all" title="Preliminary marketing image for 36 Margaret Street"><img alt="" class="image-article-full-width-580px" height="339" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image59mar.jpg?itok=F2Doevr6" title="Preliminary marketing image for 36 Margaret Street" width="580"></a>

<figcaption>Preliminary marketing image for 36 Margaret Street</figcaption></figure>Elsewhere and Fender Katsalidis Architects have landed in Moonee Ponds with a scheme for 176 dwellings within 36 Margaret Street. Conceived for Caydon, the project consists of 79 x single bedroom apartments, 34 singles with an additional flexi room and 63 x two bedroom options.

Oculus have devised a green and timber rooftop deck with entertainment pods, inground spa, hanging chairs and an expansive dining area included. 36 Margaret Street represents the first phase of Caydon's Moonee Ponds precinct, with a further three stages of development to follow. It's unknown whether Caydon will go with <a href="/buildings/hall-st-40-hall-street-moonee-ponds">40 Hall Street</a> which went to council under previous site owner Leighton Properties; 40 Hall Street shapes as forming part of Stage 2 of the site's development.

As part of future development of the Readings plot, a new pedestrian thoroughfare with bisect the site, linking Homer Street and Hall Street. Adjacent to the thoroughfare will be a half acre Oculus-designed garden and leisure area for use by residents.

<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/image62.jpg" rel="gallery-all" title="The private garden and public passage envisaged for the Readings site"><img alt="" class="image-article-full-width-580px" height="346" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image62.jpg?itok=ei6Kq921" title="The private garden and public passage envisaged for the Readings site" width="580"></a>

<figcaption>The private garden and public passage envisaged for the Readings site</figcaption></figure>Moonee Ponds has progressed inline with many Melbourne suburbs of late in that it has seen an increased amount of apartment development activity.

Set to join <a href="/buildings/the-montgomery-521-mt-alexander-road-moonee-ponds">The Montgomery</a> and <a href="/buildings/twenty-park-20-park-street-moonee-ponds">20 Park Street</a> under construction is <a href="/new-apartments/mopo-333-ascot-vale-road-moonee-ponds">MO.PO.</a> with the 11 level, 126-apartment development to be taken on by Buildcorp Commercial. Close-by and Giancorp have approval for a mixed-use building at <a href="/buildings/penny-lane-moonee-ponds-6-14-young-street-moonee-ponds">6-14 Young Street</a> while <a href="/new-apartments/sur-53-homer-street-moonee-ponds">Iliad on Homer</a> adds to the projects which are currently at sales in the area.

Rounding out the notable apartment developments within Moonee Ponds are <a href="/new-apartments/moore-21-moore-street-moonee-ponds">21-23 Moore Street</a> and CDG's <a href="/buildings/9-shuter-street-moonee-ponds">3-9 Shuter Street</a> which between them have the ability to add another 100 plus apartments to the locale.
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Moonee Ponds on the up and up!

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Moonee Ponds is an activity centre that for the most part flies under the radar, in terms of redevelopment currently happening and what can happen in future. The biggest landholder in the region is the Moonee Valley Racing Club and yesterday <a href="http://www.theage.com.au/victoria/moonee-valley-racecourse-apartment-plans-pared-back-by-planning-minister-richard-wynne-20150325-1m7kzf">The Age reported</a> on how the Planning Minister Richard Wynne has gazetted an updated development plan for the home of the Cox Plate.

In terms of access Moonee Ponds has quite the repertoire of public transport options. Trains serve the western end of the centre, trams run up and down Mount Alexander Road/Pascoe Vale Road and Ascot Vale Road hosts the terminus for route 82, one of the very few suburb-to-suburb tram routes across Melbourne. There's also a major bus interchange next door to the main tram stops for the 59 tram in the Mount Alexander Road median.

But like all over Melbourne, the connections between modes (and routes) could be better. A lot better.

As a very regular user of all three modes in the area, top of the priority list for fixing is the bus interchange. At present, it sits in the very busy median of Mount Alexander Road, which makes access from either side of the road a real problem.

There are multiple signalised pedestrian crossings however priority is given to vehicular traffic. The wait times often frustrate pedestrians, who see the bus they want to catch (only metres away) pull away as traffic lights change, as it is often the only time buses can exit the interchange.

There are 11 separate bus routes which converge on the existing Moonee Ponds Interchange:

<ul>
<li>Southerly approach (via Ascot Vale Road) <a href="http://ptv.vic.gov.au/assets/Maps/Routes/PDFs/784_Bus404.pdf">404 Footscray to Moonee Ponds</a>, <a href="http://ptv.vic.gov.au/assets/Maps/Routes/PDFs/1666_Bus472.pdf">472 Williamstown to Moonee Ponds</a>
</li>
	<li>Easterly Approach (via Ormond Road and Mount Alexander Road) <a href="http://ptv.vic.gov.au/assets/Maps/Routes/PDFs/5456_Bus505.pdf">505 Moonee Ponds to Melbourne University</a>, <a href="http://ptv.vic.gov.au/assets/Maps/Routes/PDFs/5607_Bus504.pdf">504 Moonee Ponds to Clifton Hill Station</a>; (via Dean Street) <a href="http://ptv.vic.gov.au/assets/Maps/Routes/PDFs/844_Bus506.pdf">506 Moonee Ponds to Westgarth</a>; ​(via Wilson Street / Pascoe Vale Road / Kellaway Avenue) <a href="http://ptv.vic.gov.au/assets/Maps/Routes/PDFs/845_Bus508.pdf">508 Alphington Station to Moonee Ponds</a>
</li>
	<li>Northerly approach (via Mount Alexander Road) <a href="http://ptv.vic.gov.au/assets/Maps/Routes/PDFs/827_Bus475.pdf">475 Moonee Ponds to East Keilor</a>, <a href="http://ptv.vic.gov.au/assets/Maps/Routes/PDFs/8091_Bus476.pdf">​476 Moonee Ponds to Hillside</a>, <a href="http://ptv.vic.gov.au/assets/Maps/Routes/PDFs/829_Bus477.pdf">477 Moonee Ponds to Broadmeadows Station</a>, <a href="http://ptv.vic.gov.au/assets/Maps/Routes/PDFs/834_Bus483.pdf">483 Sunbury Station to Moonee Ponds</a>, <a href="http://ptv.vic.gov.au/assets/Maps/Routes/PDFs/841_Bus501.pdf">501 Moonee Ponds to Niddrie</a>
</li>
</ul>
<h2>A new Moonee Ponds Interchange?</h2>

What to do with a chunk of land which lays barren right in the heart of an activity centre? Turn it into a car park! That's the dirty little secret of the current Reading's site - <a href="/news/leighton-initiate-the-readings-moonee-ponds-transformation">bought last year by Leighton</a> then <a href="/news/leighton-seeks-to-offload-their-moonee-ponds-super-site">promptly put back on the market</a> in February - it's everything that an activity centre should not have: an open-air car park.

With all the development site buying and selling in the heart of Moonee Ponds and a new masterplan for the racecourse getting the nod from the Planning Minister, we're no doubt about to see an upswing in development activity in Moonee Ponds. And it's time there was an overhaul of Moonee Ponds' public transport access as well.

Much of Mount Alexander's median strip to the north of the current bus bay has had a once over with new landscaping. I think it's time the bus bay moved out and the median reverted back to open space.

But where would buses go?

<iframe frameborder="0" height="480" scrolling="no" src="https://www.google.com/maps/d/embed?mid=zNF8lPbNaAaM.kCmFLjqUkGvM" width="100%"></iframe>

The map works on the basis of removing the existing bus terminus/interchange; Hall Street is extended through to the other side of Mount Alexander Road as a one-way (eastbound) bus-only road, and the tram tracks on Ascot Vale Road are duplicated and terminated adjacent to the existing route 59 tram stop.

In this scenario buses would run in a continuous anti-clockwise loop through Mount Alexander Road, Homer Street, Margaret Street and Hall Street. If a series of bus stops were placed in Homer Street, Margaret Street and Hall Street - in the latter's case particularly near the intersection of Mount Alexander Road - then passengers would be deposited and could be picked up in three key areas: Moonee Ponds Central, Moonee Ponds Station and near the existing bus bays for tram connectivity.

Extending Hall Street would likely be the largest portion of the project in terms of roadworks (and cost), however it's conceivable there would be need to widen Margaret Street - eating into the existing station car park - to allow buses to stop at the station without impacting traffic flow and both Homer and Hall Streets would require removal of speed bumps.

The added bonus of extending Hall Street, for vehicular traffic on Mount Alexander Road in particular, would be the two existing pedestrian crossings, roughly 50 metres apart, could be combined into one.

Not to mention, terminating the route 82 tram alongside route 59's stop would eliminate the three crossings pedestrians are required to make at present - if they wish to connect between either service - and similarly eliminate one of the two existing crossings pedestrians must make, if they wish to connect between the 82 tram and Moonee Ponds bus services.

Lead image credit: <a href="https://commons.wikimedia.org/wiki/File:Ascot_Vale_and_Mount_Alexander_Road_at_Moonee_Ponds_Junction.jpg">Wikipedia</a>.
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Is it time to reconfigure the Moonee Ponds transport interchange?

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Leighton Properties Managing Director Mr Mark Gray described the purchase of Moonee Ponds' Readings site as "Consistent with Leighton Properties strategy to focus on inner ring urban renewal sites which are in prime locations, close to transport links, retail and places of work." Sixteen months later and the boom site covering more than 13,300sqm is for sale with JLL and CBRE jointly offering what was formerly home to the Moonee Ponds Market.

With six street frontages and high expectations for a landmark urban renewal development, Leighton Properties and joint venture partner Qualitas snapped up the vacant land for $23 million.  During their October 2013 announcement, it was stated via Leighton Properties' website that the staged development would likely provide in excess of 800 apartments and 2,000sqm of retail, with an end value near on $450 million.

<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/image3_1.jpg" rel="gallery-all" title="40 Hall Street which is at planning. Image courtesy Plus Architecture"><img alt="" class="image-article-full-width-580px" height="386" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image3_1.jpg?itok=7_PNdJ_R" title="40 Hall Street which is at planning. Image courtesy Plus Architecture" width="580"></a>

<figcaption>40 Hall Street which is at planning. Image courtesy Plus Architecture</figcaption></figure>Seen above is the design for the sole plot of the sprawling site which the joint partners advanced to planning assessment with City of Moonee Valley. <a href="/news/leighton-initiate-the-readings-moonee-ponds-transformation">Covered first</a> by Apartments.com.au during October 2014, the residential tower would have 162 apartments within its 15 levels and include retail outlets fronting Hall Street.  Along with associated landscaping and provision for a pedestrian link the scheme would cover 2,388sqm or over 17% of the total development area.

Plus Architecture are responsible for the initial planning application, and it's more than likely that they too are responsible for indicative scheme seen below.  Accompanying online sales information are a number of high quality concept images designed to provide context for prospective developers; 1200 apartments within seven buildings is the nominated site 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/main_2.jpg" rel="gallery-all" title="An indicative outcome. Image courtesy JLL"><img alt="" class="image-article-full-width-580px" height="386" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/main_2.jpg?itok=sz_VSiy-" title="An indicative outcome. Image courtesy JLL" width="580"></a>

<figcaption>An indicative outcome. Image courtesy JLL</figcaption></figure>Two residential towers in excess of 20 levels headline the concept scheme, followed by the at planning <a href="/buildings/hall-st-40-hall-street-moonee-ponds">40 Hall Street</a> and a number of smaller towers thereafter.  Included within the scheme is the envisaged north-south pedestrian link/public open space which City of Moonee Valley had requested, in addition to a number of other key site criteria that have been sent to the Minister for Planning for approval within site specific Development Plan Overlay.

<blockquote>
In September Council asked the Minister for Planning to approve and include in the Moonee Valley Planning Scheme a Development Plan Overlay for the site. We are currently still awaiting approval.

<cite>City of Moonee Valley, January 2015</cite>
</blockquote>

As to the motivations for Leighton/Qualitas offloading this prized site with a staged delivery timeframe most likely over a decade? According to <a href="http://www.afr.com/p/business/property/walker_corporation_runs_ruler_over_RZtUxZONt76pNLVgF5NUhO">this AFR article</a> Leighton Propeties as an entity is for sale after its parent company (Germany's Hochtief) refused to provide rental guarantees to support some projects in its development pipeline.  Leighton's Properties thereafter began offloading a number of future development sites with the Moonee Ponds Market site set to be the latest.

Nonetheless opportunity has arisen for a developer to assume the reigns over one of Melbourne's blue-chip development sites.

<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/image2_3.jpg" rel="gallery-all" title="Hero perspective of the eastern portion of the site. Image courtesy JLL"><img alt="" class="image-article-full-width-580px" height="386" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image2_3.jpg?itok=IKxeuJ_h" title="Hero perspective of the eastern portion of the site. Image courtesy JLL" width="580"></a>

<figcaption>Hero perspective of the eastern portion of the site. Image courtesy JLL</figcaption></figure>
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Leighton seeks to offload their Moonee Ponds super site

<html><body>
Essendon, Moonee Ponds, Brunswick, Coburg, Northcote and Preston: suburbs synonymous with Melbourne's inner North and increasingly at the forefront of Melbourne's accelerating density. Following on from <a href="/news/melbourne-development-numbers-building-size-project-status-january-2015">last week's overarching article</a>, we'll gradually be taking a closer look at Melbourne's development numbers - region by region - and today's focus is on the three local government areas that reside to the immediate north of City of Melbourne/Yarra.

Moonee Valley, Moreland and Darebin between them represent 100 projects or 17% of the total projects being tracked on Apartments.com.au. Eight of Melbourne's 24 tram routes and all four northern train lines pass through the LGA's in focus and according to demographers <a href="http://home.id.com.au/">.id</a>, 26% of <a href="http://profile.id.com.au/moreland/residents">Moreland</a> residents, 24% of <a href="http://profile.id.com.au/moonee-valley/residents">Moonee Valley</a> residents and 21% of <a href="http://profile.id.com.au/darebin/residents">Darebin</a> residents work in either the CBD or the remainder of the City of Melbourne.

With the majority of Melbourne metro's population living in the East and South, for people who may not venture beyond the aforementioned areas, the numbers in the inner north may surprise.

<h2>Moonee Valley</h2>

Low and mid-rise buildings dominate both the number of projects and number of residential units in Moonee Valley with two high-rises limited to Moonee Ponds CBD and <a href="/new-apartments/only-flemington-1-ascot-vale-road-flemington">Only Flemington</a> opposite Flemington Racecourse.

<table border="1" cellpadding="1" cellspacing="1" style="width: 100%;">
<thead><tr>
<th scope="col">Building Type</th>
			<th scope="col">Planning Assessment</th>
			<th scope="col">Approved</th>
			<th scope="col">Registration &amp; Sales</th>
			<th scope="col">Under Construction</th>
			<th scope="col">Total</th>
		</tr></thead>
<tbody>
<tr>
<td class="rtecenter">Low -rise</td>
			<td class="rtecenter">-</td>
			<td class="rtecenter">-</td>
			<td class="rtecenter">5 projects, 135 units</td>
			<td class="rtecenter">2 projects, 111 units</td>
			<td class="rtecenter">7 projects, 246 units</td>
		</tr>
<tr>
<td class="rtecenter">Mid-rise</td>
			<td class="rtecenter">2 projects, 100 units</td>
			<td class="rtecenter">2 projects, 53 units</td>
			<td class="rtecenter">5 projects, 295 units</td>
			<td class="rtecenter">6 projects, 607 units</td>
			<td class="rtecenter">15 projects, 1055 units</td>
		</tr>
<tr>
<td class="rtecenter">High-rise</td>
			<td class="rtecenter">2 projects, 231 units</td>
			<td class="rtecenter">-</td>
			<td class="rtecenter">1 project, 408 units</td>
			<td class="rtecenter">-</td>
			<td class="rtecenter">3 projects, 639 units</td>
		</tr>
<tr>
<td class="rtecenter">Total</td>
			<td class="rtecenter">4 projects, 331 units</td>
			<td class="rtecenter">2 projects, 53 units</td>
			<td class="rtecenter">11 projects, 838 units</td>
			<td class="rtecenter">8 projects, 718 units</td>
			<td class="rtecenter">25 projects, 1940 units</td>
		</tr>
</tbody>
</table>
<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/image35_0.jpg" rel="gallery-all" title="Collins &amp; Queen on Keilor Road, Niddrie. Image © bpmcorp.com.au"><img alt="" class="image-article-full-width-580px" height="302" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image35_0.jpg?itok=sgmNZ0VD" title="Collins &amp; Queen on Keilor Road, Niddrie. Image © bpmcorp.com.au" width="580"></a>

<figcaption>Collins &amp; Queen on Keilor Road, Niddrie. Image © bpmcorp.com.au</figcaption></figure><h2>Moreland</h2>

Moreland is a hub of activity in the mid-rise building range with a total of 28 projects strewn across postcodes 3055, 3056 and 3057: Brunswick West, Brunswick and Brunswick East respectively.

<table border="1" cellpadding="1" cellspacing="1" style="width: 100%;">
<thead><tr>
<th scope="col">Building Type</th>
			<th scope="col">Planning Assessment</th>
			<th scope="col">Approved</th>
			<th scope="col">Registration &amp; Sales</th>
			<th scope="col">Under Construction</th>
			<th scope="col">Total</th>
		</tr></thead>
<tbody>
<tr>
<td class="rtecenter">Low-rise</td>
			<td class="rtecenter">5 projects, 253 units</td>
			<td class="rtecenter">3 projects, 131 units</td>
			<td class="rtecenter">1 project, 142 units</td>
			<td class="rtecenter">2 projects, no unit data</td>
			<td class="rtecenter">11 projects, 526+ units</td>
		</tr>
<tr>
<td class="rtecenter">Mid-rise</td>
			<td class="rtecenter">4 projects, 624 units</td>
			<td class="rtecenter">12 projects, 1481 units</td>
			<td class="rtecenter">7 projects, 315 units</td>
			<td class="rtecenter">5 projects, 690 units</td>
			<td class="rtecenter">28 projects , 3110 units</td>
		</tr>
<tr>
<td class="rtecenter">High-rise</td>
			<td class="rtecenter">-</td>
			<td class="rtecenter">-</td>
			<td class="rtecenter">1 project 232 units</td>
			<td class="rtecenter">-</td>
			<td class="rtecenter">1 project, 232 units</td>
		</tr>
<tr>
<td class="rtecenter">Total</td>
			<td class="rtecenter">9 projects, 877 units</td>
			<td class="rtecenter">15 projects, 1612 units</td>
			<td class="rtecenter">9 projects, 689 units</td>
			<td class="rtecenter">7 projects, 690+ units</td>
			<td class="rtecenter">40 projects, 3868 units</td>
		</tr>
</tbody>
</table>
<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/ar3.jpg" rel="gallery-all" title="The Wilkinson, Brunswick - Image © thewilkinson.com.au"><img alt="" class="image-article-full-width-580px" height="314" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/ar3.jpg?itok=_i-zJIc5" title="The Wilkinson, Brunswick - Image © thewilkinson.com.au" width="580"></a>

<figcaption>The Wilkinson, Brunswick - Image © thewilkinson.com.au</figcaption></figure><h2>Darebin</h2>

Approximately 40% of all the projects in Darebin that we're tracking on Apartments.com.au are located on the municipality's primary strip: High Street. According to REA Media's median house price data, to buy a house in Northcote would set you back just shy of a million dollars; it's no wonder there's a plethora of apartment projects in the area.

<table border="1" cellpadding="1" cellspacing="1" style="width: 100%;">
<thead><tr>
<th scope="col">Building Type</th>
			<th scope="col">Planning Assessment</th>
			<th scope="col">Approved</th>
			<th scope="col">Registration &amp; Sales</th>
			<th scope="col">Under Construction</th>
			<th scope="col">Total</th>
		</tr></thead>
<tbody>
<tr>
<td class="rtecenter">Low-rise</td>
			<td class="rtecenter">-</td>
			<td class="rtecenter">2 projects, 57 units</td>
			<td class="rtecenter">8 projects, 263 units</td>
			<td class="rtecenter">3 projects, 108 units</td>
			<td class="rtecenter">13 projects, 428 units</td>
		</tr>
<tr>
<td class="rtecenter">Mid-rise</td>
			<td class="rtecenter">1 project, 102 units</td>
			<td class="rtecenter">11 projects, 1256 units</td>
			<td class="rtecenter">5 projects, 660 units</td>
			<td class="rtecenter">3 projects, 225 units</td>
			<td class="rtecenter">20 projects, 2243 units</td>
		</tr>
<tr>
<td class="rtecenter">High-rise</td>
			<td class="rtecenter">1 project, 209 units</td>
			<td class="rtecenter">1 project, 296 units</td>
			<td class="rtecenter">-</td>
			<td class="rtecenter">-</td>
			<td class="rtecenter">2 projects, 505 units</td>
		</tr>
<tr>
<td class="rtecenter">Total</td>
			<td class="rtecenter">2 projects, 311 units</td>
			<td class="rtecenter">14 projects, 1609 units</td>
			<td class="rtecenter">13 projects, 923 units</td>
			<td class="rtecenter">6 projects, 333 units</td>
			<td class="rtecenter">35 projects, 3176 units</td>
		</tr>
</tbody>
</table>
<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/27d959_e875f7fa65c64a82a365ea5c720e2d67.jpg_srz_p_980_614_85_22_0.50_1.20_0.jpg" rel="gallery-all" title="Sophia Apartments, Northcote - Image © sophiasapartments.com.au"><img alt="" class="image-article-full-width-580px" height="360" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/27d959_e875f7fa65c64a82a365ea5c720e2d67.jpg_srz_p_980_614_85_22_0.50_1.20_0.jpg?itok=VKsjZvWW" title="Sophia Apartments, Northcote - Image © sophiasapartments.com.au" width="580"></a>

<figcaption>Sophia Apartments, Northcote - Image © sophiasapartments.com.au</figcaption></figure>With Apartments.com.au tracking near on 9,000 apartments ranging from planning assessment to under construction within these three municipalities, it's clear that Melbourne's inner north is an area of choice for apartment buyers and investors at the moment.

We feel that this trend will only intensify given the proximity all three LGA's to Melbourne's heart and the general abundance of land ripe for development along or adjacent to a number of major strips such as Sydney Road, High Street and Keilor Road.
</body></html>

Melbourne development numbers: Moonee Valley, Moreland & Darebin

<html><body>
With a total site area of 13,390sqm in their keeping, Leighton Properties have chosen to divide the prized Readings Moonee Ponds site into separate development parcels, the first of which has recently been lodged with City of Moonee Valley. Highlighted by Apartments.com.au during May 2013, the then sales campaign included an <a href="/news/finally-readings-moonee-ponds-for-sale">indicative development scheme of 30 levels</a>.

Subsequently parent company Leighton Holdings was revealed as the buyer and approximately a year later have presented in conjunction with project partner Qualitas a planning submission with the intent of delivering a substantial apartment project.

<h2>Application summary</h2>

<ul>
<li>Stage 1 development: 40 Hall Street, Moonee Ponds</li>
	<li>Current site use: at grade car park (formerly Moonee Ponds Market)</li>
	<li>Application for development lodged September 2014</li>
	<li>15 levels @ 49.2 metres</li>
	<li>Site area: 2,388sqm</li>
	<li>162 apartments (1/2 bedroom) &amp; 2 retail tenancies over 437sqm</li>
	<li>137 car spaces &amp; 70 bicycle spaces</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/image3hall.jpg" rel="gallery-all" title="Artist's impression of 40 Hall Street . Image © Plus"><img alt="" class="image-article-full-width-580px" height="773" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/image3hall.jpg?itok=1hqoX-oL" title="Artist's impression of 40 Hall Street. Image © Plus" width="580"></a>

<figcaption>Artist's impression of 40 Hall Street . Image © Plus</figcaption></figure><h2>Design impetus</h2>

Plus Architecture have employed a gentle undulating facade over the tower with a variety of materials on display. Differing glaze colours are joined by metal cladding, masonry and applied finishes (assumed precast) to create the external look.

<blockquote>
The articulation of the building envelope is both unifying and highly adaptive. The design presents a singular bold expression to Hall Street, providing the relatively short building the required gravitas to anchor the future precinct in a clear and calm manner .

The design considerations have resulted in a unique and contemporary design response that will contribute significantly to this streetscape and the overall centre. The development displays a high amount of glazing, including a mixture of tinted glazing and glass balustrades. The proposal will incorporate quality materials and finishes, including a mix of applied light and dark colours to respond to the highly innovative architectural design of the overall building.
<cite>Plus Architecture: planning application design statement</cite>
</blockquote>

<h2>Communal focus</h2>

<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/image8.jpg" rel="gallery-all" title="Expected ground level layout. Image © Oculus"><img alt="" class="image-article-full-width-580px" height="481" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/image8.jpg?itok=eECzrxOl" title="Expected ground level layout. Image © Oculus" width="580"></a>

<figcaption>Expected ground level thoroughfare. Image © Oculus</figcaption></figure>Consisting of recycled brick and concrete pavers, 40 Hall Street seeks a new north-south pedestrian link with a likely future extension through to Homer Street. Beyond ground, a 482sqm resident's communal garden is included over the mezzanine level whilst level 5 also carries a communal terrace complete with mature trees.

A 147sqm roof garden is proposed to supplement the indoor/outdoor rooftop communal terrace area. Included is a kitchen, dining area and lounge space whilst the external area holds a BBQ and dining/entertaining space. It's envisaged an easily reconfigured terrace could also hold an outdoor cinema with the CBD as a backdrop.

<h2>One of many</h2>

<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/image2_0.jpg" rel="gallery-all" title="Readings overview with 40 Hall Street in red. Image courtesy Urbis planning report"><img alt="" class="image-article-full-width-580px" height="371" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/image2_0.jpg?itok=wM5hu9tv" title="Readings overview with 40 Hall Street in red. Image courtesy Urbis planning report" width="580"></a>

<figcaption>Readings overview with 40 Hall Street in red. Image © Urbis</figcaption></figure>Prior to 40 Hall Street's submission, City of Moonee Valley had indicated that 17 levels was an appropriate outcome of the Readings site. With scope for an additional four or five apartment towers onsite and the nearby Moonee Valley Racecourse seeking 25 level towers as part of its redevelopment, it remains to be seen whether Leighton will push for future towers in the 25-30 level vicinity.

In the wider context Urbis' 40 Hall Street planning report states "Moonee Ponds is expected to undergo a shift in character to a taller, higher density precinct. There are also a number of new developments under construction or approved in the wider area." Indeed Moonee Ponds continues on an upward trajectory in terms of apartment development.

Currently three separate apartment buildings fronting Moore Street are under construction whilst The Montgomery and MOPO are both at sales, yielding a combined 178 apartments. Other projects currently of note within the Moonee Ponds Activity Centre include the 10 level 6-14 Young Street and Moloney Group's 33 Hall Street at 14 levels.

<h2>40 Hall Street development team</h2>

<ul>
<li>Developer: Leighton Properties / Qualitas</li>
	<li>Architect: Plus Architecture</li>
	<li>Planning: Urbis</li>
	<li>Transport: GTA Consultants</li>
	<li>Landscape: Oculus</li>
	<li>Sustainability: Lucid Consulting Australia</li>
	<li>Waste Management: Leigh Design</li>
</ul>
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