Developer <a href="https://www.apartments.com.au/developers/auyin-property-development">Auyin</a> is the latest to turn to the Victorian Government's Development Facilitation Program in an effort to secure approval for its long-planned, mixed-use project in Elsternwick.

In 2018, Auyin lodged plans with Glen Eira City Council for a 14-storey building, however Council approved a reduced eight-storey scheme. A subsequent VCAT appeal in 2019 upheld the eight-storey height limit.

The project was later amended to nine storeys, but Auyin is now seeking to revive something closer to its original vision. The developer argues that the planning context has evolved significantly over the past decade, particularly within the Elsternwick Activity Centre, where higher-density development has increasingly been encouraged along Glen Huntly Road.

The proposal would transform the 1,239 sqm site at <a href="https://www.apartments.com.au/new-apartments/7-12-horne-street-elsternwick-vic-3185">7-15 Horne Street</a>, opposite Elsternwick Railway Station, into a 13-storey residential and retail development designed by CBG Architects, with 40 apartments

The site currently comprises three commercial properties.

<img alt="First look: 13-storey mixed-use tower planned for Elsternwick activity centre" data-entity-type="file" data-entity-uuid="5f465dd4-509b-4082-a669-0253b313914b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/elsternwick%20podium.png?VersionId=72frWi0SmQ5AVJ3ARRhX5ILUYObhTm7x" />

The proposed apartment mix comprises 25 two-bedroom and 15 three-bedroom residences above 200 sqm of retail space at ground level. Residents would have access to a 90 sqm wellness facility, a 351 sqm communal indoor and outdoor terrace on the third level, and extensive landscaped areas throughout the development. A publicly accessible 135 sqm plaza would be created on the north-east corner of the site, providing seating, landscaping, and a new gathering space adjoining Horne Street.

The design adopts a four-storey podium that references the finer-grain character of the surrounding streetscape, with the upper tower recessed behind generous setbacks on all boundaries.

<img alt="First look: 13-storey mixed-use tower planned for Elsternwick activity centre" data-entity-type="file" data-entity-uuid="e637e763-2abc-4c34-a0aa-5c7ad36fae18" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/elsternwick%20open.png?VersionId=J1AoOpZgTyaF.KeeFSX6lMjEScX8KKRi" />

A key element of the proposal is the reconfiguration and widening of the surrounding laneways. Vehicle access would be retained from Lois Lane, with upgraded pedestrian connections linking Ross Street and Horne Street. The development would provide 58 residential car spaces, two retail car spaces, and 52 bicycle spaces across two basement levels and ground-floor facilities.

Architecturally, the building draws inspiration from the established character of Elsternwick Village. The façade combines dark charcoal brickwork, textured concrete, bronze-toned metal detailing, and extensive planting integrated into podium and tower levels. The design also incorporates a chamfered corner treatment and publicly accessible plaza intended to strengthen pedestrian activity around the station precinct.

Elsternwick's last new development completion was&nbsp;EVA Elsternwick by Pitard late last year. <a href="https://www.apartments.com.au/developers/milieu-property">Milieu</a> is working away on its nature-led neighbourhood, <a href="https://www.apartments.com.au/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens</a>, on Gordon Street, with its first stage expected to complete next year.

Joel Robinson

First look: Auyin seeks mixed-use apartment project in growing Elsternwick Activity Centre

<a href="https://www.apartments.com.au/new-apartments/otium-parkdale-123-125-como-parade-east-parkdale-vic-3195">Otium Parkdale</a>, the 13-residence boutique development by&nbsp;<a href="https://www.apartments.com.au/developers/huxtable-property">Huxtable Property</a>, has entered its final stages of delivery, with completion expected within the coming month and more than half of the residences sold.

The Como Parade East project is nearing the finish line at a time when opportunities to purchase new apartments in <a href="https://www.apartments.com.au/developments/parkdale-vic-3195">Parkdale</a> remain exceptionally limited. Fewer than 10 per cent of dwellings in the bayside suburb are apartments, making developments like Otium a relatively rare addition to a market traditionally dominated by detached housing.

[smartcode_project:default project_id=134974 project_image_fid=5427]

The three-level development comprises 13 residences, including ten two-bedroom apartments and three larger three-bedroom homes, all positioned above a secure basement car park.

Designed by <a href="https://www.apartments.com.au/architects/almeida-architects">Almeida Architects</a> with a strong connection to its coastal surroundings, Otium combines red brick, exposed concrete and dark metal detailing with integrated landscaping and greenery. Expansive glazing, generous balconies and terraces have been incorporated throughout the design to maximise natural light and reinforce indoor-outdoor living.

Inside, the residences feature engineered European oak flooring, natural and reconstituted stone benchtops, Bosch kitchen appliances, ducted heating and cooling, lift access and secure entry systems. The larger three-bedroom residences on the upper level have been designed with house-like proportions, while the two-bedroom apartments prioritise functionality, flexibility and low-maintenance living.

[smartcode_project:default project_id=134974 project_image_fid=5421]

The project is now in its final stages, with <a href="https://www.apartments.com.au/builders/labco">Labco</a> completing the remaining landscaping and external finishing works following the completion of the residences' interiors.

Otium's location within the heart of Parkdale continues to underpin its appeal. Residents will be just steps from local cafés, restaurants, shops and the newly elevated Parkdale Station, while the beach is less than a kilometre away.

With the project tracking ahead of schedule, buyers can currently secure a residence with a five per cent deposit and benefit from settlement terms of up to eight months. The advanced stage of construction also provides buyers with the opportunity to walk through the near-complete residences and experience the quality and finishes firsthand ahead of completion.

[smartcode_project_cta:default project_id=134974]

Otium Parkdale enters final month before completion as rare apartment opportunity nears sellout

A new boutique apartment development is entering the market in <a href="https://www.apartments.com.au/developments/chermside-qld-4032">Chermside</a>, with Brisbane-based developer <a href="https://www.apartments.com.au/developers/ausdev">Ausdev</a> bringing 33 residences to a well-connected pocket of Brisbane's north.

<a href="https://www.apartments.com.au/new-apartments/parkdrive-apartments-chermside-25-sammells-drive-chermside-qld-4032">Parkdrive Apartments</a>, at 25 Sammells Drive, will comprise a mix of one- and two-bedroom residences positioned within walking distance of Westfield Chermside, The Prince Charles Hospital, and Bradbury Park.

Established in 1989, Ausdev has a long-standing presence across both development and construction, with Parkdrive Apartments representing its latest residential project in Brisbane's northern suburbs.

[smartcode_project:default project_id=152125 project_image_fid=363778]

The development has been designed around open-plan living and natural light, with residences featuring stone benchtops, timber cabinetry, BOSCH appliances, and private balconies that extend the living areas outdoors.

Kitchens are positioned as the centrepiece of the homes, incorporating natural material palettes and integrated appliances, while bathrooms have been designed with a focus on functionality and understated finishes.

Residents will have access to a communal barbecue and entertaining area on Level 3, providing shared outdoor space within the development. Secure parking and lift access are also incorporated into the building.

The project will deliver a limited collection of 33 apartments, with one-bedroom residences priced from $749,000.

[smartcode_project:default project_id=152125 project_image_fid=363782]

Beyond the building itself, the location places residents within easy reach of several of Chermside's key amenities. Bradbury Park is around 350 metres away, while Westfield Chermside is approximately 1.3 kilometres from the site. The Prince Charles Hospital is located within 750 metres, and the Chermside Bus Interchange is around 1.5 kilometres away, providing connections across Brisbane.

Parkdrive Apartments adds to the growing residential pipeline in Chermside, a suburb that continues to evolve as a major retail, healthcare, and transport hub for Brisbane's north.

[smartcode_project_cta:default project_id=152125]

Ausdev introduces boutique Parkdrive Apartments to Chermside's growing centre

<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]

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 <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa</a> is soon to officially launch its newest local apartment development, <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-1150-1154-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a>.

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.

[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 <a href="https://www.apartments.com.au/new-apartments/corallo-palm-beach-5-palm-beach-avenue-palm-beach-qld-4221">Corallo</a> 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 <a href="https://www.apartments.com.au/new-apartments/corner-house-stones-corner-18-stoneham-street-stones-corner-qld-4120">Corner House development</a> 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 <a href="https://www.apartments.com.au/new-apartments/parkdrive-apartments-chermside-25-sammells-drive-chermside-qld-4032">recently launched Parkdrive development</a>.

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

Public Realm

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Melbourne looks set for another bumper year in 2019 with a host of key projects around the city - of both the small and tall variety - changing not only the skyline's silhouette but more importantly its ground plane.

Today's piece focuses on a selection of projects which in some way will contribute to improving Melbourne's built environment and public realm. These projects represent a cross section of skyscrapers and key public realm projects.

<h2>435 Bourke 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/435_bourke_street.png" rel="gallery-all" title="435 Bourke Street. Image: Cbus Property"><img alt="" class="image-article-full-width-580px" height="483" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/435_bourke_street.png?itok=cCtrBuco" title="435 Bourke Street. Image: Cbus Property" width="580"></a>

<figcaption>435 Bourke Street. Image: Cbus Property</figcaption></figure>Cbus Property delivered an early Christmas package to the City of Melbourne when it submitted an application for a $1bn 55-storey commercial tower at 435 Bourke Street, in the heart of the Melbourne CBD.

Designed by Bates Smart, the development comprises approximately 64,500 sqm of premium grade office space on the corner of Bourke and Queen Street.

Cbus amalgamated sites at 140 and 150 Queen Street, 423 Bourke Street and 27 McKillop Street to allow for the development. 

According to Cbus, it intends to launch 435 Bourke Street in early 2019 and commence construction later this year pending planning approval.

Read more <a href="/news/cbus-property-submits-planning-application-for-its-landmark-435-bourke-street-site">here</a>.

<h2>Southbank by Beulah / The Green Spine</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/southbankbybeulah.jpg" rel="gallery-all" title="The Green Spine - the competition winning entry for Southbank by Beulah. Image: UN Studio"><img alt="" class="image-article-full-width-580px" height="568" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/southbankbybeulah.jpg?itok=xUv8mVto" title="The Green Spine - the competition winning entry for Southbank by Beulah. Image: UN Studio" width="580"></a>

<figcaption>The Green Spine - the competition winning entry for Southbank by Beulah. Image: UN Studio</figcaption></figure>Beulah International revealed the six entries in its Southbank by Beulah competition during its symposium in July 2018, before Cox Architecture + UN Studio's Green Spine scheme as the winning design.

The design team and Beulah then embarked on a study tour which included stops in Shanghai and New York to assist in informing the design.

It is expected that following a process of design refinement and development a planning application will be lodged for the site at 118 City Road, Southbank.

Should the project retain a maximum height of 356m and should it be viewed favourably by the Planning Minister's office, construction could commence on what would become Australia's tallest tower in 2020 at the earliest.

The winning concept for Green Spine featured a mix of uses including residential, commercial, hotel, a school and a highly permeable ground plane which extends the Southbank Boulevard linear park (see below) into the site and extends up the length of the towers.

For more details on the Green Spine and to view the other entries <a href="/news/southbank-by-beulah-the-winning-design-for-australias-tallest-tower-revealed">click here</a>.

<h2>Yarra Pool</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/wowowa_v01-overview-1024x576.jpg" rel="gallery-all" title="WOWOWA + Yarra Pools' concept for a public pool at Enterprize Park. Image: Yarra Pools"><img alt="" class="image-article-full-width-580px" height="326" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/wowowa_v01-overview-1024x576.jpg?itok=8-cgUwOj" title="WOWOWA + Yarra Pools' concept for a public pool at Enterprize Park. Image: Yarra Pools" width="580"></a>

<figcaption>WOWOWA + Yarra Pools' concept for a public pool at Enterprize Park. Image: Yarra Pools</figcaption></figure>Designed by WOWOWA and inspired by urban river swimming projects both locally and globally, Yarra Pools is a community-led proposal which seeks to transform an under-utilised section of the Yarra River's Northbank into a thriving community facility centred around water-based activities.

The proposal would include (amongst other things) wetlands, a natural leisure pool, 50m lap pool, kids pool, cafe and pavilion.

Yarra Pools is currently seeking support to advance the project through a community-led, multi-staged design and construction process. You can read more about the Yarra Pool concept <a href="/news/wowowa-and-yarra-pools-unveil-public-pool-proposal-for-melbournes-northbank">here</a> or give your feedback on the new design <a href="https://yarrapools.typeform.com/to/IPZews">here</a>.

<h2>Southbank Boulevard + Dodds 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/sthbank_blvd.jpg" rel="gallery-all" title="The City of Melbourne's Southbank Boulevard project is now underway. Image: City of Melbourne"><img alt="" class="image-article-full-width-580px" height="336" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/sthbank_blvd.jpg?itok=sQWKEQQk" title="The City of Melbourne's Southbank Boulevard project is now underway. Image: City of Melbourne" width="580"></a>

<figcaption>The City of Melbourne's Southbank Boulevard project is now underway. Image: City of Melbourne</figcaption></figure>The first stage of City of Melbourne's significant project for Southbank has commenced with tram infrastructure works already completed between St Kilda Road and Sturt Street. 

Construction is now underway on the remainder of Southbank Boulevard between Sturt Street and City Road. This portion of the project will be undertaken in a number of stages and will see the west bound carriageway discontinued to create new public open space, and the current east bound one way carriageway converted to two way traffic.

The first stage is due to be completed in August of this year. Upon completion, the six stages of the project will create 2.5 hectares of public space and neighbourhood parkland within Southbank, which has become Melbourne's most densely populated suburb.

<h2>Elizabeth Street South</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/elizabeth-street_south.jpg" rel="gallery-all" title="Work is set to commence on Elizabeth Street South in the coming months. Image: City of Melbourne"><img alt="" class="image-article-full-width-580px" height="327" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/elizabeth-street_south.jpg?itok=a7n5fZW6" title="Work is set to commence on Elizabeth Street South in the coming months. Image: City of Melbourne" width="580"></a>

<figcaption>Work is set to commence on Elizabeth Street South in the coming months. Image: City of Melbourne</figcaption></figure>Work is finally set to commence by the middle of this year on the City of Melbourne's long mooted pedestrianisation of Elizabeth Street South which will replace a stretch of road surface with a new tree lined public space.

Originally due to begin early last year, the project was delayed to allow for construction of an office development at 276 Flinders Street.

The 10-storey development is nearing completion and has direct frontage to the section of Elizabeth Street to be transformed, limiting Council's ability to build the new public space immediately while maintaining pedestrian safety around the construction site.

The City of Melbourne has set aside $2.2m to complete the project which will include the creation of better public realm with new bluestone paving, street furniture, lighting, trees and drainage improvements. 

<h2>Market Street Park</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/market_st_park_collins_street_interface.png" rel="gallery-all" title="Market Street Park will deliver much needed open space into the heart of the city. Image: City of Melbourne"><img alt="" class="image-article-full-width-580px" height="326" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/market_st_park_collins_street_interface.png?itok=C1SNgDwu" title="Market Street Park will deliver much needed open space into the heart of the city. Image: City of Melbourne" width="580"></a>

<figcaption>Market Street Park will deliver much needed open space into the heart of the city. Image: City of Melbourne</figcaption></figure>Being delivered as part of Cbus Property and ISPT's $1.3bn Collins Arch development currently under construction, the Oculus-designed park along Collins and Market Streets will add much needed green space to the heart of Melbourne's CBD. 

To facilitate development of the park, City of Melbourne is contributing part of the Market Street road reserve while Cbus Property and ISPT are contributing part of their development site.

The new 1,900 sqm park comprises five distinct zones; Collins Street Interface, Northern Lawns, Playful Terrace, Central Plaza, and City Garden.

Upon completion the park will be vested back to the City of Melbourne for public use and management.

<h2>Melbourne Square - Public park, Hilton Hotel and future stages</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/melbourne_sq_update_jan19.png" rel="gallery-all" title="L-R: Melbourne Square Public Space | Floodslicer; Indicative model showing future stages | Colliers; Construction photo | Urban forum member redden "><img alt="" class="image-article-full-width-580px" height="132" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/melbourne_sq_update_jan19.png?itok=gV2JrG16" title="L-R: Melbourne Square Public Space | Floodslicer; Indicative model showing future stages | Colliers; Construction photo | Urban forum member redden " width="580"></a>

<figcaption>L-R: Melbourne Square Public Space | Floodslicer; Indicative model showing future stages | Colliers; Construction photo | Urban forum member redden</figcaption></figure>Construction at Melbourne Square is racing ahead at OSK Property's $2.8 billion Melbourne Square project in Southbank.

The six-tower project comprises four residential towers, an office building and a hotel sited around a new central public space.

The first stage is 75% sold and features two residential towers of 231m and 179m respectively, the public park and a full line Woolworths - Southbank's first full line supermarket.

The 3,700sqm park has been designed by Taylor Cullity Lethlean and encompasses more than 20 per cent of the overall site  Read more about the park <a href="/news/melbourne-square-to-add-some-much-needed-green-infrastructure-to-southbank">here</a>.

It was also recently reported in the <a href="https://www.afr.com/real-estate/commercial/hotels-and-leisure/hilton-to-return-to-melbourne-with-600room-flagship-at-melbourne-square-20190117-h1a6c5">AFR</a>, that OSK was negotiating with Hilton Hotels &amp; Resorts to operate a 600-room flagship luxury hotel with an anticipated opening date of 2022.
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Laurence Dragomir

Melbourne's Headline Acts for 2019

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Perri Projects in conjunction with joint venture partner Wingate Property, has received development approval for a $150 million mixed-use project on the edge of the Melbourne CBD opposite Carlton Gardens. This project will include 70 apartments across 20 levels of residential plus premium commercial and hospitality on the ground floor and podium levels.

Located at 23-29 Victoria Street, the plans also include significant improvements to the public realm in line with City of Melbourne’s Urban Forest strategy with a large-scale rejuvenation of the surrounding area.

Perri Projects recruited Woods Bagot to create a design that responded to the significance of the site, adjacent to the UNESCO world heritage Carlton Gardens ensuring future residents will have permanent unobstructed amenity and outlook across the gardens.

Woods Bagot's design for the site brought together its Melbourne, London, and New York studios to reference aspects of each of the cities, in the project.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/carlton_gardens_render_-_low-res.jpg" rel="gallery-all" title="Perri Projects' approved development opposite Carlton Gardens. Image: Supplied"><img alt="" class="image-article-full-width-580px" height="384" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/carlton_gardens_render_-_low-res.jpg?itok=3MlBSiGT" title="Perri Projects' approved development opposite Carlton Gardens. Image: Supplied" width="580"></a>

<figcaption>Perri Projects' approved development opposite Carlton Gardens. Image: Supplied</figcaption></figure>As part of the Victoria Street project, Perri Projects is also proposing major public realm improvements including a new boulevard interface to McKenzie Street and reworking the current traffic island intersection into an Urban Forest public space in line with City of Melbourne’s Urban Forest Strategy.

The strategy acknowledges the crucial roles green spaces play in Melbourne with its parks, gardens, and tree-lined streets contributing to liveability and quality of life for residents. 

Together Perri Projects and its architects worked closely with council to achieve the permit, with the developer having previously worked collaboratively with City of Melbourne on culturally significant projects such as West Melbourne Waterfront.

The developer's vision for the site marks the latest iteration of its ‘Tailored Living’ series following its collaboration with Woods Bagot at The Englefield in South Yarra, which upon completion will feature seven penthouse-style residences aimed towards the upper end of the market. 

According to Perri Projects, Melbourne represents a long-term focal point for the developer and the Carlton Gardens project reflects its confidence in the city. The development team continues to work closely with City of Melbourne and other major stakeholders on the wider rejuvenation of the surrounding area.

<h2>What they say:</h2>

<blockquote>
Working with a global team of architects will ensure our Carlton Gardens project will reflect the complex cultural fabric of the suburb and deliver an impressive architectural addition to the neighbourhood. The building’s offering is rare – premium residential accommodation with protected northern aspects over the gardens and heritage precinct.

This is a CBD address on the doorstep of the cultural-mecca suburbs of Collingwood, Fitzroy, and East Melbourne. The significance of the site is undeniable and heavily guided our design approach to remain congruent with Carlton’s urban language.

We are currently advancing plans with some very exciting hospitality operators and will have more announcements on this aspect of the project soon.

- David Scalzo, Managing Director Perri Projects 
</blockquote>

 

<blockquote>
Wingate is thrilled to have partnered with Perri Projects on this unique project and is delighted with the successful planning outcome. It is an important first step in bringing to life this visionary building which we believe will become iconic on the Melbourne skyline.

- Ryan Levin, Managing Director Wingate Property
</blockquote>

 
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Perri Projects receives approval for $150m Carlton Gardens project

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Having now lived in Prahran for the better part of 6 months, I've developed a greater appreciation for the area, in particular the public spaces which I pass on my walk to and from Prahran Station on my way to walk and those I pass on my daily evening runs.

One space which has always stood out, because I pass it multiple times a day and is rather unique in terms of the provision of both active and passive recreation areas, is Princes Gardens. 

With basketball courts, playgrounds, skating half pipe, a mix of hard and soft scape areas, the Prahran Aquatic Centre and the Chapel off Chapel events and function space, Princes Gardens appeals to a number of demographics and users.

It is, however, looking a bit tired and could do with a bit of love. Which brings us to the topic of today's piece; the City of Stonnington's Master Plan for the Gardens.

A draft Master Plan - which will be finalised by the middle of the year - was developed by Hansen Partnership to "ensure Princes Gardens continues to offer open space and facilities that are safe, accessible and contribute to maintaining a healthy and vibrant community", according to the City of Stonnington.

<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/princes_gardens_draft_master_plan.jpg" rel="gallery-all" title="Princes Gardens Draft Master Plan. Image: Hansen Partnership"><img alt="" class="image-article-full-width-580px" height="617" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/princes_gardens_draft_master_plan.jpg?itok=gu4nxV18" title="Princes Gardens Draft Master Plan. Image: Hansen Partnership" width="580"></a>

<figcaption>Princes Gardens Draft Master Plan. Image: Hansen Partnership</figcaption></figure>Among the key objectives sought through the draft Master Plan are;

Short-Term Objectives

<ul>
<li>Establish a central pedestrian avenue as a key north-south axis, connecting Malvern Road in the north with Princes Close in the south. This pedestrian avenue will comprise a generously-dimensioned walkway, with opportunities for feature paving, street and park furniture, lighting and wayfinding. The pedestrian avenue will provide clear and open sightlines, improving amenity and safety for all users. Avenue planting of large, deciduous canopy trees along either side of the avenue will assist in making it a strong visual element of the Gardens.</li>
	<li>Remove the easternmost tennis court and create more green space.</li>
	<li>Reconfigure the forecourt area to the east of Chapel off Chapel such that this space is a plaza integrated into the central pedestrian avenue, with improved access and sightlines. The intention is to establish a more prominent address for Chapel off Chapel as a key attraction within Princes Gardens. The plaza will act as a key meeting space within the Gardens in a central location which is readily accessible from all surrounding streets.</li>
	<li>Establish a generous formal entry to Princes Gardens from Princes Close, at the southern end of the proposed pedestrian avenue. The northern entry on Malvern Road is already accessed via historic entry gates, and an opportunity exists at the southern end for a contemporary entry treatment.</li>
	<li>Remove the majority of the existing under-utilised pavement between Chapel off Chapel and Malvern Road and replace it with grass and trees, as means of providing more 'green space' in the northern part of the Gardens and improving the frontage to Malvern Road. </li>
	<li>Demolish 22 Little Chapel Street and relocate Council services elsewhere. Reconfigure car park further north to allow for an entryway/forecourt and event space to the entrance of Chapel off Chapel.</li>
	<li>Demolish the majority of the existing car park to create a new civic space to include expanded green space and a central footpath connecting Chapel off Chapel to Little Chapel Street. The space can be utilised for events associated with Chapel off Chapel, as well as other complementary activities associated with arts &amp; culture.</li>
	<li>Retain two existing tennis courts and reconfigure to become multi-use courts.</li>
	<li>Formalise and enhance the east-west connection from Little Chapel Street into the Gardens by replacing the existing goat track through the grass with a paved pathway and lighting.</li>
	<li>Establish a new picnic/bbq area in a highly visible, central location close to main pedestrian thoroughfares and the existing playground. The bbq/picnic area should comprise all facilities required  for such a use, including shelter structures, seating, tables and bbq.</li>
	<li>Retain the existing basketball courts.</li>
	<li>Retain the existing Prahran Aquatic Centre.</li>
	<li>Retain the existing passive recreation spaces in the southern part of the Gardens, including the sunken lawn.</li>
	<li>Retain the existing playground.</li>
	<li>Retain existing heritage tree    </li>
</ul>
Long-Term Objectives

<ul>
<li>Retain the existing 50-metre outdoor pool, with an expanded and improved pool deck, complete with custom-designed shade structures and expansive areas of usable recreation space. Replace the existing utilitarian fence at the perimeter of the Aquatic Centre with a new fence which is more architecturally-sensitive and complements the public domain of Princes Gardens.</li>
	<li>Provide a signalised pedestrian crossing on Malvern Road, on the alignment of the central pedestrian avenue, in anticipation of the redevelopment of the Horace Petty Housing Estate.   </li>
</ul>
The project builds on the City of Stonnington's pipeline of public realm improvement projects for Prahran including a significant upgrade of iconic Greville Street which is being completed in stages.

<blockquote>
The new public space on Greville Street includes a cobblestone shared zone, wide bluestone footpaths, more greenery and more space for the local community and visitors to enjoy. Greville Street’s popularity has survived various trends and economic changes and the current upgrade will ensure its popularity for on-street trading and dining grow.

Greville Street is a unique destination within Stonnington thanks to its historic and artistic past and we want to make sure it continues to be a great hub for creatives, professionals, artists, small boutique businesses and locals

- Cr Steve Stefanopoulos, City of Stonnington Mayor via City of Stonnington website
</blockquote>

The next stage of the revitalisation project includes a new Porter Street/Prahran Railway Station shared zone currently under construction. Once completed, the works will include a new cobblestone shared pedestrian and vehicle zone at Prahran train station, footpaths, a pedestrian crossing, new lighting, trees and street furniture.

Construction of these works is estimated to be three months.

Future stages will see part of King Street currently with a temporary pop-up trial, redesigned into a pedestrian zone, the completion of works to the east end of Greville Street adjacent to the Town Hall and the Town Hall forecourt along Chapel 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/greville_east_city_of_stonnington.jpg" rel="gallery-all" title="The future upgrade plan for Greville Street east. Image: City of Stonnington"><img alt="" class="image-article-full-width-580px" height="322" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/greville_east_city_of_stonnington.jpg?itok=PUvSd_Tu" title="The future upgrade plan for Greville Street east. Image: City of Stonnington" width="580"></a>

<figcaption>The future upgrade plan for Greville Street east. Image: Rush Wright Associates</figcaption></figure>Meanwhile, City of Stonnington's largest and most ambitious project, Cato Square project is progressing following the completion of an archeological investigation, which was undertaken on the basement connected to the Big Store last month.

The +$60m project will create a 10,000 sqm multi-functional urban park with over 500 spaces of underground car parking with a target completion date of 2019.

<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/cato_square_webcam_latest.jpg" rel="gallery-all" title="Webcam photo of construction progress at Cato Square. Image: City of Stonnington"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/cato_square_webcam_latest.jpg?itok=gLSU4zkW" title="Webcam photo of construction progress at Cato Square. Image: City of Stonnington" width="580"></a>

<figcaption>Webcam photo of construction progress at Cato Square. Image: City of Stonnington</figcaption></figure>Head contractor Kane Constructions are planning to erect the first crane onsite in coming weeks, which will require closure of Izett St with local off-street car park access available. The erection will take place over one day and will be during the week on a non-market day.

Lead Image: City of Stonnington
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