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.

Joel Robinson

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

South East Queensland’s apartment market is entering a new phase defined by rising prices, constrained affordability, and mounting pressure on the construction pipeline, according to RPM Group’s latest SEQ Apartments &amp; Townhomes Market Report.

The May 2026 report highlights a widening divide between what buyers can afford and what developers can viably deliver, with detached house prices continuing to push more buyers toward apartments across Brisbane, the Gold Coast, and the Sunshine Coast.

RPM says Brisbane’s median house price has reached around $1.5 million, accelerating the shift toward higher-density housing as buyers are increasingly priced out of the detached market.

[smartcode_project:default project_id=135094 project_image_fid=356540]

Median unit prices rose across all three major SEQ markets in the March quarter. Brisbane City recorded the strongest annual growth, with median unit prices climbing 21 per cent to $862,000, while the Gold Coast reached the highest overall median at $950,000, up 17 per cent year-on-year. The Sunshine Coast followed at $870,000, representing annual growth of nine per cent.

RPM noted the affordability gap between houses and units remains significant, with detached homes commanding premiums of 67 per cent in Brisbane and 68 per cent on the Gold Coast relative to apartments.

The report suggests this price disparity is increasingly consolidating buyer demand within the apartment market, particularly among downsizers and owner-occupiers.

“Demand is real. Supply is moving. But they’re operating on different timelines and the gap between what’s being built and what buyers can afford is the defining tension in this market right now,” RPM Queensland and NSW Managing Directors Peter Neale and Clinton Trezise said in the report.

[smartcode_project:default project_id=150787 project_image_fid=366230]

While approvals and commencements are strengthening, RPM argues the delivery pipeline remains constrained by construction costs, labour shortages, and extended build timelines.

Apartment approvals across Queensland increased 86 per cent over the year to February 2026, reaching 12,682 approvals, the highest level recorded since 2016. Brisbane overtook the Gold Coast as the state’s most active apartment approval market, with nearly 5,000 apartments approved over the past 12 months.

Unit commencements also strengthened considerably, rising 48 per cent year-on-year to 5,453 commencements in the December 2025 quarter, the highest level since 2018.

However, RPM’s research found apartment delivery timeframes have expanded sharply compared to the previous cycle. Projects are now averaging around 30 months from approval to completion, compared to roughly 20 months a decade ago.

[smartcode_project:default project_id=143932 project_image_fid=367515]

The number of units under construction has climbed to approximately 31,530 dwellings, nearing the previous 2016 peak, though projects are remaining in the pipeline for considerably longer.

Construction costs continue to weigh heavily on feasibility. RPM found the average apartment construction cost in Greater Brisbane reached $630,000 per dwelling in 2025, exceeding both Sydney and Melbourne. Coastal Queensland markets, including the Gold Coast and Sunshine Coast, were even higher at an average of $817,418 per apartment due to the prevalence of larger premium product.

The report also points to increasing pressure from Olympic-related infrastructure spending ahead of Brisbane 2032, with labour competition expected to intensify over the next several years.

[smartcode_project:default project_id=150017 project_image_fid=370960]

ANZ Associate Director of Property Daniel Gradwell said the underlying demand drivers across South East Queensland remain strong, supported by interstate migration, downsizers, and population growth.

“The challenge is bringing enough supply to market to meet that demand, and nothing on the horizon makes that straightforward,” Gradwell said.

RPM’s analysis found the affordability challenge is becoming more pronounced in the new apartment market itself, with only three per cent of surveyed new apartments priced below $1 million.

Instead, the market is increasingly concentrated in higher price brackets, with the most common new apartment price band across SEQ sitting between $1.5 million and $1.75 million. Around half of all new apartment stock surveyed is priced below $2 million.

The report suggests developers are not necessarily avoiding lower price points by choice, but because current construction economics make delivering affordable apartments increasingly difficult at scale.

Rental conditions also remain tight across the region. Median rents for one-bedroom apartments rose 12 per cent in Brisbane over the past year to $580 per week, while Gold Coast one-bedroom rents increased nine per cent to $630.

Despite rising rents, RPM noted bond lodgements have generally trended downward over the past five years, indicating more apartments are being absorbed by owner-occupiers rather than retained as investor-held rental stock.

Looking ahead, RPM expects projects targeting the mid-market owner-occupier segment between $1.25 million and $2 million to remain the most viable part of the market, while premium projects in highly constrained coastal or riverfront locations continue to attract demand.

“Construction costs are rewriting the feasibility rulebook across Greater Brisbane, and with little relief in sight, only projects in the right price band, right location, and with presales secured early will make it through,” the report concludes.

SEQ apartment demand outpacing affordable supply as construction timelines stretch: RPM

Peddle Thorp

The soon-to-be-completed mixed-use Box Hill development, Panorama, will feature two dedicated office levels from UCommune,&nbsp;Asia&rsquo;s largest co-working operator and NASDAQ listed company.

It will be UCommune&#39;s first move in to Australia.

Panorama, the 31-level building developed by&nbsp;Hexa Group, will have 396 apartments and&nbsp;the Hexa Space-UCommune, which will follow the pattern of UCommune&#39;s&nbsp;intelligent agile office ecosystem that provides members with flexible and cost-efficient office space solutions.

[smartcode_project:default project_id=5131 project_image_fid=173645]

They signed a five-year deal, which will see&nbsp;UCommune provide a broad range of services including the design, operation, management, and marketing of the coworking space.

Panorama, designed by the&nbsp;award-winning design and architecture studio, Peddle Thorp, will also have offices,&nbsp;retail spaces, and eateries on the ground floor.

It is expected to complete construction in December.&nbsp;

[smartcode_project:default project_id=5131 project_image_fid=173647]

Residents will have access to four&nbsp;rooftop terraces with gardens on levels six, eight, 28 and 29. The gym will also sit on level 28.

Entry to the building is through a modern lobby with&nbsp;light stone and ornate gold chandeliers. It leads to an expansive lounge.

[smartcode_project:default project_id=5131 project_image_fid=173651]

All apartments feature floor-to-ceiling windows and&nbsp;generously-sized balconies.

Located in the heart of Box Hill&nbsp;as the gateway tower to the suburb, Panorama residents&nbsp;will be within arms reach of a number of&nbsp;restaurants and civic facilities, including&nbsp;Box Hill Central.

[smartcode_project_cta: project_id=5131]

Panorama, designed by the award-winning design and architecture studio, Peddle Thorp, will also have offices, retail spaces, and eateries on the ground floor

Hexa to offer two-level co-working space in mixed-use Box Hill apartment development, Panorama

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Relic in the sense that 96-102 Franklin Street was an application that dated back prior to the implementation of current planning laws which dictate the shape and feel of inner Melbourne's built form.

The Franklin Street application had originally reached planning during 2015, under the tenure of the previous Minister for Planning. Sought then was a <a href="/news/plus-architectures-shimmering-burbank-house-proposal-revealed">slimline residential tower designed by Plus Architecture</a> for residential developer Burbank.

Plus Architecture's interpretation consisted of a 177 metre, or 57 storey tower. Included were 270 dwellings set closely behind the existing building's historic facade.

<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/franklin2_0.jpg" rel="gallery-all" title="Plus Architecture's Franklin Street proposal is consigned to history"><img alt="" class="image-article-full-width-580px" height="891" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/franklin2_0.jpg?itok=EosoIwX_" title="Plus Architecture's Franklin Street proposal is consigned to history" width="580"></a>

<figcaption>Plus Architecture's Franklin Street proposal is consigned to history</figcaption></figure>Mirroring the sentiment at the time toward planning and development, particularly in the norther reaches of Melbourne's CBD, Burbank's application looked to maximise the built form onsite.

Akin to other projects that have transitioned through the period of planning law upheaval, 96-102 Franklin Street has been redesigned to a point where a planning permit was granted for a considerably altered tower form. Burbank have chosen to further amend the design of the site to a point where Melbourne City Council will preside of the fate of the current application.

The amended tower is less than 25,000 square metres and therefore Melbourne City Council will determine whether the latest Peddle Thorp-designed version will grace Melbourne's skyline. Peddle Thorp was also responsible for the design of Burbank's high density Mosaic Living project in Dandenong.

96-102 Franklin Street in its shortened form is now expected to include 26 offices tenancies across floors one to nine, with the balance of the 22 storey tower including 72 apartments.

<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_16.jpg" rel="gallery-all" title="The comparatively modest Peddle Thorp-designed tower in situ"><img alt="" class="image-article-full-width-580px" height="398" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image2_16.jpg?itok=iACxSPBu" title="The comparatively modest Peddle Thorp-designed tower in situ" width="580"></a>

<figcaption>The comparatively modest Peddle Thorp-designed tower in situ</figcaption></figure>In addition to its vastly abbreviated height, the tower setback to the street has been expanded to 12 metres, allowing for the retention of both facade and interiors of the existing building to that depth. Serving as Burbank's CBD presence for many a year, the revised application also intends to remove the 'Burbank House' signage from the exterior.

Although Burbank may not be lost to the site. A 587 square metre commercial design studio and associated courtyard is designed into the ground floor; this will likely allow the current Burbank Edge Studio to remain onsite post development.

96-102 Franklin Street's pending final outcome effectively removes it from a dwindling list of planning applications predating the current planning law era that are still seeking resolution. Most notable are 139-141 Franklin Street and Southbank's 158 City Road which are both at appeal.
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silvermb

Cut down: A Franklin Street planning relic comes down to earth

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The mass migration of car dealerships from Essendon's Keilor Road is all but complete with the last super site at planning.

Holden's former dealership at 203-211 Keilor Road is now subject to a Peddle Thorp-designed scheme that would turn the sizeable 5,300 square metre site into a showcase of contemporary green design. The pending rebirth of the Holden dealership follows in the footsteps of similar sized lots along Keilor Road which have been developed or hold planning approval.

At Keilor road's expense, the bulk of car dealerships have chosen the expanses of the AutoCentro precinct within Essendon Fields.

Holden's departure is Panorama Investments Pty Ltd gain, the entity snared the site during a 2017 sales campaign. The proposal was lodged with City of Moonee Valley during March this year.

<h2>203-211 Keilor Road application summary</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/image13_25.jpg" rel="gallery-all" title="Keilor Road perspective. Planning image: Peddle Thorp"><img alt="" class="image-article-full-width-580px" height="221" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image13_25.jpg?itok=CSywNhKa" title="Keilor Road perspective. Planning image: Peddle Thorp" width="580"></a>

<figcaption>Keilor Road perspective. Planning image: Peddle Thorp</figcaption></figure><ul>
<li>Site area: 5303.52 sqm with a primary 110m frontage to Keilor Road</li>
	<li>Proposed 7 levels at 23.7m in height</li>
	<li>121 apartments: 17 x 1BR, 85 x 2BR, 19 x 3BR</li>
	<li>Ground floor retail/commercial space: 2,130sqm</li>
	<li>2 basement levels for 247 vehicles and 131 bicycles</li>
	<li>Internal green space/courtyard and rooftop terrace</li>
</ul>
Retail tenancies will front the primary Keilor Road frontage, along with the secondary Cooper Street and Roberts Street frontages. The design's southern aspect has chosen a particularly green method of addressing the neighbouring detached properties.

Vertical and horizontal green plantings boards serve to bolster privacy whilst also providing a softer, more aesthetically pleasing outlook form the perspective of existing adjoining properties. 

Between the green facade and Peddle Thorp's inclusion of design features such as elevated bridges and an angular build form expression to Keilor Road, 203-211 Keilor Road has been billed as capable of "setting a benchmark in urban design and architectural resolution for the area".

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/image14_19.jpg" rel="gallery-all" title="Interface with adjoining detached properties. Planning image: Peddle Thorp"><img alt="" class="image-article-full-width-580px" height="275" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image14_19.jpg?itok=A63Luil6" title="Interface with adjoining detached properties. Planning image: Peddle Thorp" width="580"></a>

<figcaption>Interface with adjoining detached properties. Planning image: Peddle Thorp</figcaption></figure>In the wider Keilor Road context, 203-211 Keilor Road is the latest project which adds to an already robust pipeline of projects. At construction is <a href="/buildings/parkside-apartments-64-keilor-road-essendon-north">Parkside Apartments</a> at 64 Keilor Road, whilst <a href="/buildings/curve-294-296-keilor-road-essendon-north">Curve Apartments</a> at 294-296 Keilor Road is awaiting the arrival of a builder onsite.

These projects combined will add approximately 125 apartments.

<a href="/new-apartments/113-keilor-road-essendon">113 Keilor Road</a> and 261 Keilor Road are more modest apartment projects in waiting, although two relative brutes stand to add 350 apartments between them. <a href="/new-apartments/144-160-keilor-road-essendon-north">144-160 Keilor Road</a> and <a href="/new-apartments/165-169-keilor-road-essendon">165-169 Keilor Road</a> are both substantial approved apartment projects, with the latter also accounting for a former car dealership.
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Keilor Road's last car dealership goes to apartments and goes super green

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Melbourne City Council earlier this week presided over a Melbourne Planning Scheme Amendment to apply an interim heritage overlay at 263-267 William Street. The move is in response to an application to develop a tower atop what is currently the Metropolitan Hotel.

During October last year an application covering the watering hole was lodged with the intentions of creating a commercial office tower atop the hotel. The application's status in now on hold, although plans for the tower may well proceed in time.

Mirroring a number of developments across the CBD in particular, the Metropolitan Hotel was identified as having individual heritage significance via City of Melbourne reviews, yet carries no heritage overlay.

Within the Report to the Future Melbourne (Heritage) Committee, heritage consultants Context cited the building as "having local historical and social significance to the City of Melbourne as ‘a representative example of a corner hotel building from the interwar period’ and in terms of use and typology is becoming rare in the central city."

Councillor Rohan Leppert noted that "Heritage Overlay" won't stop a tower, but could give the pub a lot more breathing space and some more dignity as a heritage 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/image58_6.jpg" rel="gallery-all" title="Peddle Thorp's take on a reworked Metropolitan Hotel "><img alt="" class="image-article-full-width-580px" height="676" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image58_6.jpg?itok=EyV5KQnC" title="Peddle Thorp's take on a reworked Metropolitan Hotel " width="580"></a>

<figcaption>Peddle Thorp's take on a reworked Metropolitan Hotel</figcaption></figure>Architecture firm Peddle Thorp's initial design sought the partial demolition and construction of an office tower above the hotel. Spanning approximately 80 metres the tower holds 16 levels of dedicated commercial office space with a single basement level and a reinstated hotel at ground level.

Should the tower proceed it is possible that a setback to William Street will be included as part of a redesign.

The Metropolitan Hotel last changed hands in 2016 when CBRE City Sales were appointed to move the site; it subsequently <a href="https://www.cbre.com.au/about/media-center/04122016c">sold for $8.61 million to a local investor</a>. According to CBRE City Sales the sale reflected a yield of 2.38% - the strongest ever received for a Melbourne CBD pub.

The bid to redevelop the Metropolitan Hotel brings it into line with a number of historically significant buildings around the CBD and Southbank that are subject to development.

Urban.com.au recently covered the <a href="/news/russell-streets-theosophical-society-building-sees-new-hotel-application">intended demolition of the Melbourne Theosophical Society</a> at 124-130 Russell Street; another historic building that has no present heritage protection. Also last week Melbourne City council voted in favour of the <a href="/news/a-reworked-super-southbank-development-edges-closer-to-approval">partial demolition and subsequent tower</a> behind the Robur Tea Company building at 87-127 Queensbridge Street.

Other notably historic buildings subject to development include the former Great Western Hotel at 204 King Street and 244-248 Flinders Street which is awaiting a VCAT hearing.

Lead image: metropolitan.melbourne
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Council moves to contour a tower bid atop the Metropolitan Hotel

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A Fitzroy North institution is in line for an overhaul, as Piedimonte Developments Pty Ltd pushes through with an apartment complex on their current and well-recognised supermarket site.

The existing supermarket will be levelled, as will a number of adjoining properties, in order to make way for an expanded supermarket with residential living above. 27-45 Best Street and 102-114 Scotchmer Street are subject to the development application which was received by City of Yarra during August.

The proposal spans the prominent 3,715sqm corner site and carries a combined street frontage in excess of 100 metres.

Piedimonte Developments along with architect Peddle Thorp and town planners Contour Consultants have teamed on the proposal, asserting that the development would satisfy the need for urban consolidation on this strategically placed redevelopment site.

<h2>Piedimonte application summary</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/image33_11.jpg" rel="gallery-all" title="Artist's impression of the proposed development. Planning image: Peddle Thorp"><img alt="" class="image-article-full-width-580px" height="311" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image33_11.jpg?itok=77vN7SjP" title="Artist's impression of the proposed development. Planning image: Peddle Thorp" width="580"></a>

<figcaption>Artist's impression of the proposed development. Planning image: Peddle Thorp</figcaption></figure><ul>
<li>Redevelopment spanning 7 storeys, highest point adjacent to Best Street</li>
	<li>Expanded supermarket over ground/mezzanine levels: 2,894sqm retail &amp; 1,763sqm back-of-house</li>
	<li>877sqm bottle shop</li>
	<li>89 apartments above: 23 x 1BR, 62 x 2BR, 4 x 3BR</li>
	<li>3 basement levels: 164 car parking spaces</li>
	<li>86 bicycle bays</li>
	<li>Amenity: roof garden and terraces</li>
	<li>Estimated cost of development: $45 million</li>
</ul>
<h2>Heritage retention</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/image36_5.jpg" rel="gallery-all" title="Scotchmer street frontage. Planning image: Contour Consultants"><img alt="" class="image-article-full-width-580px" height="279" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image36_5.jpg?itok=zlJAkWMX" title="Scotchmer street frontage. Planning image: Contour Consultants" width="580"></a>

<figcaption>Scotchmer street frontage. Planning image: Contour Consultants</figcaption></figure>The site includes lengthy street frontages, with an attempt made by the design team to visually manage built form across these interfaces by way of scaling new structures to match the existing streetscape.

Two separate existing frontages will be retained and restored as part of the development, owing to their heritage significance.  25-31 Best Street on the development's south-east corner and 102-114 Scotchmer Street which includes frontage to Egremont Street across the site's north-west corner will be incorporated.

Their facades will be restored, with the buildings retained to a depth of 3 metres.

<h2>Limited opportunity </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/image37_7.jpg" rel="gallery-all" title="The St Georges Road outlook is set for change. Planning image: Peddle Thorp"><img alt="" class="image-article-full-width-580px" height="403" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image37_7.jpg?itok=d21w95zO" title="The St Georges Road outlook is set for change. Planning image: Peddle Thorp" width="580"></a>

<figcaption>The St Georges Road outlook is set for change. Planning image: Peddle Thorp</figcaption></figure>Piedimonte Developments' bid if successful would see the corner site join only a handful of contemporary apartment developments created in Fitzroy North. 

In recent years Adio Properties delivered Aquila Apartments nearby at 496-500 Brunswick Street, whilst Blue Earth Group was behind the creation of <a href="http://www.blueearth.com.au/completed/northwood">Northwood</a> at 392 St Georges Road. The latter project contains 71 apartments over 6 levels, with a retained heritage facade to St Georges Road.

Cranecorp have a current proposal adjoining Northwood at <a href="/buildings/georges-378-st-georges-road-fitzroy-north">378-390 St Georges Road</a>, although the highest profile development in the area is GURNER's bid for <a href="/new-apartments/26-56-queens-parade-fitzroy-north">26-56 Queens Parade</a>.

Approximately one kilometre from the Piedimonte site, that project is by far and away Fitzroy North's largest as GURNER pushes for near on 300 apartments plus townhouses within a COX Architecture-designed scheme.
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Piedimonte joins the development movement

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The tower dubbed 'Sol Invictus' may not have been conquered, but it is for sale.

Long after the initial media blitz extolling the virtues of the tower, going hand in hand with an explanation of its name, the now approved 48 Moray Street has been handed to Colliers. The agent along with ICR Property Group have been tasked with securing a new owner for the 1,173.5sqm site, which was granted approval during July.

At stake is the right to develop 287 apartments and 5 levels of commercial space encompassing approximately 3,000sqm.

Initially submitted at 60 levels, the approved 51 level outcome spans 48 Moray Street and 11-13 Hancock Street; the latter 168sqm site was approved for a super thin residential tower of 33 levels, but those plans have been incorporated into the current scheme.

<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/42moray1.jpg" rel="gallery-all" title="An earlier version of 48 Moray Street with significantly more street level flair. Image: Peddlr Thorp"><img alt="" class="image-article-full-width-580px" height="253" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/42moray1.jpg?itok=Gcf4nPYy" title="An earlier version of 48 Moray Street with significantly more street level flair. Image: Peddlr Thorp" width="580"></a>

<figcaption>An earlier version of 48 Moray Street with significantly more street level flair. Image: Peddlr Thorp</figcaption></figure>David Lock Associates provided town planning for the project, and described it as follows:

<blockquote>
The building itself is designed to be a landmark, and to set new benchmarks regarding ESD by way of cutting-edge mechanisms including architecturally-integrated solar panels that will offset a substantial portion of the development’s energy requirements.

Myriad public realm upgrades – including offsite pocket parks, freeway underpass upgrades and an architecturally designed pocket plaza - are also proposed as a means of repositioning Southbank as a high quality, enjoyable public destination.

‘The building has been designed to act as a landmark, and respond to its prominent location at the gateway to the City of Melbourne through the introduction of a distinct, curvilinear tower form within the existing urban morphology of Southbank. The building also ‘raises the bar’ within the local existing urban context through exemplary ground floor activation and public realm amenity.
</blockquote>

Referencing the sun god of the Roman Empire, Sol Invictus was billed as Australia's "first substantially off-the-grid, green energy-generating residential tower." 

This was to be achieved by incorporating solar cells in the facade of the tower, thus allowing a greater area to capture the sun's rays. Rooftop wind turbines and a battery storage system were also envisaged in the initial design for the tower.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/42moray2.jpg" rel="gallery-all" title="42 Moray Street as rendered into Southbank. Image: Colliers"><img alt="" class="image-article-full-width-580px" height="607" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/42moray2.jpg?itok=Zw9jU395" title="42 Moray Street as rendered into Southbank. Image: Colliers" width="580"></a>

<figcaption>The approved version of 48 Moray Street rendered into Southbank. Image: Colliers</figcaption></figure>Design nuances aside, the sale of 42 Moray Street comes at an interesting time for the wider Southbank apartment development market.

A handful of major Southbank development sites have been listed and have subsequently languished, as prospective buyers have been difficult to secure. 127-129 Kavanagh Street and 38 Freshwater Place are the two most noteworthy examples, having approvals in place for a combined 1,000 plus apartments, and having been offered for sale for some months.

296-306 City Road and 292 City Road have suffered the same fate; they are though non permitted sites.

58 Southbank Boulevard shapes as the current exception to the sluggish Southbank market. With its sales campaign closed, no word has yet filtered through on the site's fate.
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The 'Unconquered Sun' of Southbank goes up for sale

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Panorama Box Hill is shaping as the latest skyscraper project destined for the irrepressible eastern suburb.

Registrations of interest are now being taken for the predominantly residential development which looks set for a major Whitehorse Road land holding. No address for Panorama Box Hill has been given via the project website, perhaps because it's likely 826-828 Whitehorse Road which has yet to receive formal approval from City of Whitehorse.

Lodged during December 2016, 826-828 Whitehorse Road is still going through the planning rigmarole; it is the only Whitehorse Road site capable of accommodating such a large project at planning. Nonetheless the emergence of the Panorama Box Hill website is no doubt designed to test the waters prior to the project's eventual launch.

Peddle Thorp are the architects of choice, creating a "curvaceous design which transcends all design norms. Heralded as the future of modern living in Box Hill, a glass atria allow sunlight and air flow to all residences, for natural healthy living."

<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/image82_2.jpg" rel="gallery-all" title="Box Hill's latest living option. Image: panoramaboxhill.com.au"><img alt="" class="image-article-full-width-580px" height="867" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image82_2.jpg?itok=x3jCrkea" title="Box Hill's latest living option. Image: panoramaboxhill.com.au" width="580"></a>

<figcaption>Box Hill's latest living option. Image: panoramaboxhill.com.au</figcaption></figure>During July 2016 Savills agents Clinton Baxter and Nick Peden commented on 826-828 Whitehorse Road's sale.

<blockquote>
The sale is a tremendous endorsement of the Melbourne and Box Hill development market placing Box Hill property on a par with land rates being achieved close to Melbourne’s CBD, and demonstrating the development powerhouse that Box Hill has become in recent years.

The intense competition from prospective purchasers reflected an ongoing confidence in what has been a tremendous market in Melbourne generally, and in areas like Box Hill specifically, over the last few years.

The vendors were also fully cognisant of the tremendous strength of the Box Hill market, one of the strongest localised areas anywhere in Australia, and the opportunity to sell in the wake of Savills successful sale of the adjacent property at 820 Whitehorse Road for $18.18 million late last year at what was a record price.
<cite>Clinton Baxter and Nick Peden, Savills</cite>
</blockquote>

The wider media have reported that a Chinese developer had secured 826-828 Whitehorse Road for $30.8 million; a new Whitehorse record of $11,623 per sqm for the 2,650sqm site.

<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/image84_7.jpg" rel="gallery-all" title="Panorama Box Hill. Image: panoramaboxhill.com.au"><img alt="" class="image-article-full-width-580px" height="773" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image84_7.jpg?itok=TAPde1nc" title="Panorama Box Hill. Image: panoramaboxhill.com.au" width="580"></a>

<figcaption>Panorama Box Hill. Image: panoramaboxhill.com.au</figcaption></figure>Conjecture regarding its location aside, Panorama Box Hill is pushing to become one of <a href="/developments/box-hill-vic-3128">Box Hill's tallest developments</a>.

Whitehorse Towers, Sky One Box Hill, East Central Tower and 845-851 Whitehorse Road all count themselves as having 30 levels or more, with Whitehorse Towers all but complete and Sky One Box Hill to emerge above ground in the coming months. Panorma Box Hill's floor count beyond 30 should see it join the suburb's club of talls.

Another prospective Box Hill tall is 837 Whitehorse Road. Lodged wit Council during May, the application seeks the right to construct a multi-level mixed use development comprising accommodation and a residential hotel. The 1,485sqm landholding is adjacent to 845-851 Whitehorse Road Box Hill which holds approval at 37 levels.

<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/image85_0.jpg" rel="gallery-all" title="Whitehorse Towers and early works for Sky One"><img alt="" class="image-article-full-width-580px" height="359" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image85_0.jpg?itok=0erbAMsJ" title="Whitehorse Towers and early works for Sky One" width="580"></a>

<figcaption>Whitehorse Towers and early works for Sky One</figcaption></figure>
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Another Box Hill brute emerges from the pack

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For differing reasons, City of Port Phillip's planning department is currently handling two highly interesting planning applications.

37-43 Park Street continues to gain height as it cycles through the planning process, with developer Milbex hoping an additional six floors can find favour with Council. 190-192 St Kilda Road on the other hand has stamped itself as one of 2016's more astute small-scale designs owing to its busy yet engaging design.

Both intended developments were lodged for assessment during the third quarter.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image128_1.jpg" rel="gallery-all" title="Prospective views from 37-43 Park Street. Image: Milbex"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image128_1.jpg?itok=-U32lTtk" title="Prospective views from 37-43 Park Street. Image: Milbex" width="580"></a>

<figcaption>Prospective views from 37-43 Park Street. Image: Milbex</figcaption></figure>South Melbourne's 37-43 Park Street began its planning process during 2014, with a new design submitted during mid-2015. Elenberg Fraser have remained the project's lead throughout, with the latest design iteration lodged during September.

Relative to the previously approved scheme, the current taller submission seeks the approval of an 18 level tower yielding 201 apartments, or an increase of 49 over the previous design. Additionally the tower's car spaces would expand from 81 to 120, bicycles from 132 to 164 and the overall height from 35 metres to 60 metres.

Although a reduction in ground floor retail space from 453sqm to 410sqm is envisaged, the project's renders depict an activated frontage to Park Street; something which is currently sorely missed. Ground floor will also see the elimination of car parking, with resident's amenities such as a gym, lounge and dining space installed.

Milbex has dubbed the project 39W, and it shapes as their largest residential development to date, nominally superseding the nearby Essence South Melbourne which holds 182 apartments and was completed during 2013.

<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/image129.jpg" rel="gallery-all" title="Park Street activation. Image: Milbex"><img alt="" class="image-article-full-width-580px" height="386" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image129.jpg?itok=ZFdhf-7U" title="Park Street activation. Image: Milbex" width="580"></a>

<figcaption>Park Street activation. Image: Milbex</figcaption></figure>190-192 St Kilda Road on the other hand is certainly one of the smaller planning applications to be covered by Apartments.com.au over the course of 2016.

A six storey mixed use development is called for, with three levels of office space amounting to 675sqm. Set above the commercial floors is a penthouse which carries 218sqm of internal space, including four bedrooms.

Designed by Peddle Thorp, 190-192 St Kilda Road also includes provisions for 22 vehicles across basement and ground levels.

<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/image132_1.jpg" rel="gallery-all" title="190-192 St Kilda Road's design flair. Planning image: Peddle Thorp"><img alt="" class="image-article-full-width-580px" height="406" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image132_1.jpg?itok=At9aRpQJ" title="190-192 St Kilda Road's design flair. Planning image: Peddle Thorp" width="580"></a>

<figcaption>190-192 St Kilda Road's design flair. Planning image: Peddle Thorp</figcaption></figure>It is the application's ground level and exterior skin which make it a tantalising design prospect.

The ground floor cafe is the design highlight, with Peddle Thorp extending the curving interior outward. According to submitted documents, the project's brief was to emulate the project's name through form, and the result is a highly impressive street level activation.

Directly above the arcing and transparent ground level, Peddle Thorp have employed an angular mesh veil across the main commercial levels, with an eye toward distinguishing the project from others in the immediate vicinity. A green wall element will also be introduced across the building's rear.

A curving floor plate rounds out the highly meritorious application. All in all an eye-catching design.

<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/image130.jpg" rel="gallery-all" title="The Arc's distinctive street level interface. Planning image: Peddle Thorp"><img alt="" class="image-article-full-width-580px" height="294" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image130.jpg?itok=ay5cM98j" title="The Arc's distinctive street level interface. Planning image: Peddle Thorp" width="580"></a>

<figcaption>The Arc's distinctive street level interface. Planning image: Peddle Thorp</figcaption></figure>
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City of Port Phillip deal with the tall and the short of it

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Burgeoning developer AZX Group's Melbourne presence continues to evolve with their latest project before State planning officers subject to recent revisions. The last parcel of land to be offered for sale surrounding Etihad Stadium, 685 La Trobe Street's reworked April 2016 plans show heavily activated frontages with two residential towers set above.

After securing the vacant site for a <a href="http://www.smh.com.au/business/property/azx-buys-docklands-site-20150728-gimakw">reported $31.1 million</a>, AZX Group are pursuing 629 apartments for the 4,411sqm site with Peddle Thorp Architects entrusted with the design.

AZX Group are expecting that the revised residential towers will replace an approved office scheme for the site. Designed by Bates Smart for then owner Charter Hall, the facility was to have offered <a href="http://www.flagshipgroup.com.au/projects/another-development/">35,000sqm of office accommodation in a project valued at $220 million.</a>

<h2>685 La Trobe Street development summary</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/image17_4.jpg" rel="gallery-all" title="685 La Trobe Street's northern elevation. Planning image: Peddle Thorp"><img alt="" class="image-article-full-width-580px" height="386" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image17_4.jpg?itok=O1SHsSMk" title="685 La Trobe Street's northern elevation. Planning image: Peddle Thorp" width="580"></a>

<figcaption>685 La Trobe Street's northern elevation. Planning image: Peddle Thorp</figcaption></figure><ul>
<li>Vacant site of 4,411sqm</li>
	<li>Dual towers with the taller at 74.5 metres</li>
	<li>629 apartments in total</li>
	<li>Tower 1: 140 x 1BR, 176 x 2BR, 3 x BR</li>
	<li>Tower 2: 59 x 1BR, 247 x 2BR, 4 x 3B </li>
	<li>Total retail NSA: 1,035sqm</li>
	<li>Provision for 373 bicycle bays and 103 car parking bays</li>
	<li>Project GFA: 62,614sqm</li>
</ul>
<h2>Public interface</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/image18_8.jpg" rel="gallery-all" title="Concourse level. Planning image: Peddle Thorp"><img alt="" class="image-article-full-width-580px" height="448" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image18_8.jpg?itok=mlvMciP8" title="Concourse level. Planning image: Peddle Thorp" width="580"></a>

<figcaption>Concourse level. Planning image: Peddle Thorp</figcaption></figure>685 La Trobe Street is heavily activated with retail to three frontages over multiple levels, owing to the sloping nature of the site and Etihad Stadium's elevated concourse. 

Services to the development will for the most be confined to the westerly aspect which fronts a service lane, whilst an obligatory art installation will wrap the south-west corner of the development. In total 9 retail spaces wrap the development; a far stronger level of activation than a handful of neighbouring project that front Etihad Stadium.

The space separating both towers is expected to be finished with paving and areas of lawn which is a far cry from the barren concourse that currently surrounds Etihad Stadium.

685 La Trobe Street 's emphasis on interacting with its surrounds follows on from the <a href="http://www.afl.com.au/news/2016-04-29/ambitious-plan-underway-to-upgrade-etihad-stadium">AFL's mooted plans to redevelop Etihad Stadium</a>'s environs should it gain control of the stadium earlier than the slated 2025 date. 

Incidentally the neighbouring site controlled by local developer Salta Properties has also headed back to planning post receiving approval for 383 apartments within a single tower. A new design for the prime corner site is expected.

<h2>AZX growing at pace</h2>

The developer has five apartment projects in play with a sixth looming in the shape of the balance of the former CUB site in Carlton, for which initial sketches show a very substantial tower in the works.

685 La Trobe Street's 600 plus apartments aside,our additional residential projects would swell the developer's pipeline by roughly 1,500 dwellings. The initial stage of <a href="/buildings/riverina-22-hopkins-street-footscray">Riverina</a> within Footscray's Joseph Road Precinct is under construction, leaving Bello on North Melbourne's Courtney Street as the project most likely to launch next.

AZX Group are very much indicative of the wave of Asian-backed property developers that have descended upon Melbourne in recent years.
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AZX Group's Docklands development rounds out the Stadium Precinct

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A development site with a long and varied history is back in focus as an application for a substantial residential tower continues to go through the necessary planning channels. 9-27 Downie Street with the south west corner of Melbourne's CBD is the site in question, intermittently finding itself in and out of the news over the past decade.

Once a site held by Key Securities Investments Group Pty Ltd, 9-27 Downie Street was to be rebirthed during 2002 as The Archer with 200 apartments within an Edgard Pirrotta-designed 35 level tower. Key Securities Investments Group Pty Ltd's subsequent demise laid low any plans for redevelopment of the site in the medium term.

With the site changing hands once more during 2014, developer Einwood Pty Ltd wasted little time in advancing plans for a 52 storey building onsite, lodging documents with the then DTPLI during November 2014. After receiving feedback identifying various design issues with the initial proposal, a revised scheme of some 38 levels was put forward during April 2015.

With the revised application in hand, Melbourne City Council has recently had its say on the proposal, deeming certain aspects of it, and particularly the lack of setbacks to Downie Street, unacceptable.

<h2>9-27 Downie Street, Melbourne application summary</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/image146.jpg" rel="gallery-all" title="Differing views of the proposal's lower levels. Image courtesy Peddle Thorp"><img alt="" class="image-article-full-width-580px" height="412" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image146.jpg?itok=0J-rwQI2" title="Differing views of the proposal's lower levels. Image courtesy Peddle Thorp" width="580"></a>

<figcaption>Differing views of the proposal's lower levels. Image courtesy Peddle Thorp</figcaption></figure><ul>
<li>Demolition of the existing structure over the 1,188sqm site</li>
	<li>Construction of a 38 level apartment tower at 118.8 metres in height</li>
	<li>335 apartments split between 150 x 1BR and 185 x 2BR dwellings</li>
	<li>Four retail tenancies to Downie Street, each with an area of 40-42sqm</li>
	<li>Level 34 communal area of 137.9sqm</li>
	<li>Proposal GFA: 27,893sqm</li>
	<li>Podium capacity for 101 vehicles and 139 bicycle spaces</li>
	<li>Nominal project value: $50 million</li>
</ul>
<h2>Form and materials</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/image149.jpg" rel="gallery-all" title="East elevation. Image courtesy Peddle Thorp"><img alt="" class="image-article-full-width-580px" height="336" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image149.jpg?itok=AAfFb-sH" title="East elevation. Image courtesy Peddle Thorp" width="580"></a>

<figcaption>East elevation. Image courtesy Peddle Thorp</figcaption></figure>Given the tight nature of the site the proposal seeks to maximise its utilisation of available space. Over levels 2-7 the building extends as much as 950mm over Downie Street, constituting a podium of sorts with an overall height of 27 metres.

According to the Report to the Future Melbourne (Planning) Committee, setbacks to other boundaries include a minimum five metres over levels 9-33 from the south boundary, minimum five metres from the west boundary and zero to the northern site boundary.

Externally Peddle Thorp have employed a materials schedule that could be considered their signature of sorts. Tones of blue and black with white and precast horizontal elements are prevalent, with timber applied to the lower levels.

<h2>Melbourne City council have their say</h2>

As taken from the Report to the Future Melbourne (Planning) Committee, recommending that the proposal be rejected:

<blockquote>
The combination of podium level balconies overhanging Downie Street and minimal/zero setbacks from Downie Street at the tower levels will result in a building which will overwhelm the pedestrian, be visually intrusive and dominant from the public realm and create a canyon-like effect in Downie Street.

Tower setbacks from the south boundary represent an inadequate response to the potential for further development of the land to the south. The proposal also raises issues relating to the amenity of a number of bedrooms including west-facing saddle-back bedrooms which will experience relatively poor daylight and ventilation compared to that which would be provided by conventional windows.

The proposed building will overshadow Batman Park at 1 pm and 2 pm on 22 June, contrary to Clause 22.02 of the Melbourne Planning Scheme. 7. The changes to the development required to render it consistent with requirements of the Melbourne Planning Scheme are considered so significant that they cannot be addressed by conditions.
<cite>Report to the Future Melbourne (Planning) Committee, 7 July 2015</cite>
</blockquote>

The final decision will rest with DELWP and Planning Minister Richard Wynne. Interestingly enough Downie Street maintains two examples of towers sans podiums; the under construction <a href="/buildings/560-flinders-street-melbourne">560 Flinders Street</a> and the completed Eifel mixed-use tower at 8 Downie Street. Whether the precedence is maintained or broken with 9-27 Downie Street remains to be seen.

<h2>9-27 Downie Street, Melbourne development team</h2>

<ul>
<li>Developer: Einwood Pty Ltd</li>
	<li>Architect: Peddle Thorp</li>
	<li>Planning: proUrban</li>
</ul>
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