An entity directed by HSN's Rafi Assouline and Rebel Property's Allen Linz has filed plans for an impressive new precinct in Woolloomooloo.

The major mixed-use development would transform a prominent William Street site into a new residential village anchored by affordable housing and a large public park.

The proposal, submitted as a State Significant Development Application, covers 164-172 and 174-194 William Street, a 6,398 sqm site between Forbes Street and Dowling Street on the southern edge of Woolloomooloo.

Designed by fjcstudio in collaboration with Bangawarra, Studio Bright and Tribe Studio Architects, the scheme would deliver 227 apartments across four residential buildings ranging in height up to 18 storeys, alongside retail space, public domain improvements and a new publicly accessible park.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="0eb59b7c-914a-4a5c-b849-3a56749f5e93" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.18.51%E2%80%AFAM.png?VersionId=mxM6EEqeoLjrCiTlCzTKTvzpKuh6kSkH" />

It's another design scheme for Rebel, who took <a href="https://www.apartments.com.au/news/nsw/first-look-rebel-property-group-takes-woolloomooloo-precinct-to-nsw-government">concept plans to the NSW Gov late last year</a>.

The latest plans will be a mix of 167 build-to-sell apartments and 60 affordable apartments, with the affordable housing component representing 15 per cent of the project's gross floor area. The apartment mix includes 12 one-bedroom, 53 two-bedroom, 89 three-bedroom apartments and 13 penthouses, while the affordable housing component would comprise 42 one-bedroom and 18 two-bedroom apartments.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="3b3d4553-8a8c-4af5-aa8c-519ffb1e28c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.20.12%E2%80%AFAM.png?VersionId=_Yb6ibN7eDnOtQjCNDK2eviORa4qzgv." />

Rebel Property is seeking to take advantage of the NSW Government's infill affordable housing bonus provisions under the Housing SEPP, which provide additional floor space and height in exchange for the delivery of affordable housing for a minimum of 15 years. The planning pathway allows a 30 per cent increase in floor space ratio and building height where 15 per cent of the development is dedicated to affordable housing.

&nbsp;

At the centre of the development is a 1,356 sqm sunlit public park designed to become a new community gathering space at the gateway to Woolloomooloo. The park would be complemented by a network of pedestrian laneways connecting William Street with the surrounding streets, improving permeability through what is currently a largely impermeable block.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="257af931-a393-4007-8c6d-7219796df58d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.20.51%E2%80%AFAM.png?VersionId=KAHy94GrhaReFsWTGDKfy39EDJ8gEEv4" />

The design team says the public domain has been heavily influenced by the site's topography and Aboriginal cultural heritage, drawing on the escarpments, gullies and landscape characteristics that historically defined the area before urbanisation. The landscape design has been developed in partnership with First Nations consultancy Bangawarra.

The project would be delivered across four separate buildings. The William Street East and William Street West buildings, designed by fjcstudio, would contain the majority of the apartments. Melbourne-based Studio Bright has designed the Forbes Street building, while Tribe Studio Architects is responsible for the Dowling Street building.

Rebel had secured approval for the concept plans late last year.

Joel Robinson

First look: HSN, Rebel, advances Woolloomooloo precinct plans

A locally heritage-listed furniture showroom on Water Street is set to become the centrepiece of a new mixed-use residential development as local developer&nbsp;<a href="https://www.apartments.com.au/developers/keylin-group">Keylin</a> seeks approval for <a href="https://www.apartments.com.au/new-apartments/lotus-on-water-street-290-water-street-fortitude-valley-qld-4006">Lotus on Water Street</a>, a 15-storey project on the Fortitude Valley side of Spring Hill.

The proposal spans 290 Water Street and 137-141 Warry Street, combining several properties into a 2,869 sqm site that sits between Fortitude Valley, Spring Hill and the rapidly evolving Victoria Park precinct. Keylin's plans would deliver 132 apartments alongside new retail, hospitality and commercial space, while retaining and repurposing the historic Brunswick Home Furnishers Showroom that fronts Water Street.

Designed by <a href="https://www.apartments.com.au/architects/jackson-teece">Jackson Teece</a>, Lotus on Water Street comprises a 12-storey residential tower rising above a three-storey podium and communal rooftop terrace. The development includes 76 apartments classified as multiple dwellings and a further 56 units proposed as short-term accommodation, designed to be flexibly used as either accommodation or permanent residences. The apartment mix comprises six one-bedroom, 54 two-bedroom and 16 three-bedroom homes.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="9822bb79-6c49-49c9-95ba-319e8c8d81c3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20front.png?VersionId=ioW8zbN4UVebbLetTFuv92t.HkdgfR5e" />

Residents would have access to an extensive rooftop recreation level spanning more than 1,200 sqm of communal open space. Plans include a pool, gym, sauna, infrared sauna, yoga area, library, private dining room, barbecue facilities and landscaped entertainment spaces, making the rooftop the project's largest shared amenity offering.

At street level, the proposal focuses on the adaptive reuse of the heritage buildings along Water Street, where 518 sqm of retail and commercial space is planned across shop, office and food and drink outlet uses. A permeable residential lobby would be positioned between the retained heritage buildings, creating a pedestrian connection between the historic streetscape and the new tower behind.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="269cf3e0-7d13-48bf-a318-05a00deb5c10" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20podium.png?VersionId=DLXmTCLsp6GOcLpQ0h.0z7wKCw59EhN_" />

The heritage retention strategy is central to the scheme. The development application notes that the Brunswick Home Furnishers Showroom and adjoining heritage buildings will remain, with only non-significant structures on the site earmarked for removal under a previously issued Heritage Exemption Certificate. Levels one and two of the new podium are recessed behind the heritage façades to maintain their prominence within the streetscape.

Jackson Teece has drawn inspiration from the site's manufacturing history when designing the podium. The planning documents state that the façade incorporates perforated metal screening that references the woven and rattan furniture historically produced on the site. Cascading and climbing plants are integrated throughout the podium to soften the building's presentation and screen parking levels behind. The landscape strategy also informs the project's name, Lotus on Water Street, drawing on the historic Spring Hollow waterholes that once ran through Spring Hill and the blue water lilies associated with Meeanjin, Brisbane's traditional name.

The proposal also incorporates the neighbouring property at 141 Warry Street, currently occupied by a healthcare service. The existing building would remain, with nine dedicated parking spaces allocated within the new development to support its ongoing operation. In total, Lotus on Water Street proposes 117 car spaces, including 110 resident spaces and seven visitor bays, alongside 100 bicycle spaces.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="70cf07bc-4fd8-4e70-92dd-be8b21c4e4f0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20site.png?VersionId=txlxrJImM0Sm_vTzHVKh5DDUkyL_CiiA" />

The site sits within the Spring Hill East Precinct of the Spring Hill Neighbourhood Plan and is positioned around 650 metres from both Fortitude Valley Station and Exhibition Station. It is also within walking distance of the King Street precinct, Royal Brisbane and Women's Hospital, Herston Quarter and Victoria Park, which is earmarked to become a major venue precinct ahead of the Brisbane 2032 Olympic and Paralympic Games.

Planning documents describe the location as a key gateway between Spring Hill and Fortitude Valley and highlight the area's increasing importance as new transport infrastructure and Olympic-related investment reshape Brisbane's inner north. The development team argues the project will contribute additional housing supply while activating a section of Water Street that has historically received less investment than other parts of the Valley.

Keylin has become increasingly active across Brisbane and southeast Queensland, assembling sites in strategic inner-city locations. They are currently selling and delivering <a href="https://www.apartments.com.au/new-apartments/oria-spring-hill-447-gregory-terrace-spring-hill-qld-4000">Oria Spring Hill</a>, just over 140 apartments due for completion in 2027.

Keylin plans heritage-led Lotus on Water Street apartment development in Fortitude Valley

Roseville is poised for a wave of new apartment development following the NSW Government's rezoning of land around Roseville Station under its Transport Oriented Development program.

The new planning controls have unlocked significant development potential within walking distance of the station, with a number of sites expected to be amalgamated and redeveloped in the coming years as developers seek to take advantage of the increased density allowances.

One of the more restrained developments in the precinct, and set among the first to be delivered having commenced well before the recent changes, is Hyecorp's Juliet. The boutique apartment project is already well under construction and remains on track to welcome residents by the end of the year, offering a markedly different proposition to many of the larger-scale developments now likely to emerge across the suburb.

[smartcode_project:default project_id=7395 project_image_fid=278194]

<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet</a> will comprise just&nbsp;34 one-, two-, and three-bedroom apartments opposite Roseville Station. For Hyecorp, which has delivered projects across Sydney's Lower North Shore for more than three decades, Roseville presented a rare opportunity to address a growing gap in the market.

"<a href="https://www.apartments.com.au/developments/roseville-nsw-2069">Roseville</a> has long been one of the North Shore's most tightly held and desirable suburbs, offering a unique combination of village charm, established greenery, excellent transport connections, and proximity to some of Sydney's best schools and lifestyle amenities," Hyecorp said.

"We recognised a growing demand from local homeowners seeking to downsize without leaving the community they have built their lives around. The location presented a rare opportunity to create homes that cater specifically to that buyer profile."

[smartcode_project:default project_id=7395 project_image_fid=278196]

The six-level development has been designed by <a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a> as a collection of residences that feel more like homes than apartments. The brief centred generous floorplans, abundant natural light, quality finishes, and strong connections to outdoor space.

PBD Architects drew inspiration from Roseville's established garden suburb character, creating a building that sits comfortably within its surroundings rather than dominating them. The architecture incorporates natural materials, soft forms, layered landscaping, expansive balconies, and generous setbacks to strengthen the connection between residents and the suburb's leafy environment.

"The focus was on designing spacious, house-like residences for discerning owner-occupiers and downsizers who wanted to remain on the North Shore without compromising on comfort, privacy, or design," PBD said.&nbsp;

"Every apartment was to feel considered, timeless, and highly functional."

[smartcode_project:default project_id=7395 project_image_fid=278195]

Inside, residences feature engineered timber flooring, stone kitchen benchtops and splashbacks, integrated Fisher &amp; Paykel appliances, ducted air conditioning, and large outdoor entertaining areas designed to take advantage of district and treetop views.

Residents will also have access to a rooftop barbecue and lounge area, alongside practical amenities including parcel lockers, EV charging capability, bicycle storage, a dog wash bay, and a basement car wash facility.

The majority of purchasers so far have been local owner-occupiers from Roseville, Lindfield, Chatswood, Killara, and the broader Upper North Shore, many of whom are transitioning from larger family homes.

"Buyers are looking for spacious, house-like apartments that allow them to downsize without feeling like they are sacrificing comfort or functionality," Hyecorp noted.

"They value large kitchens, generous living areas, ample storage, quality finishes, secure parking, lift access, and low-maintenance living."

[smartcode_project:default project_id=7395 project_image_fid=278204]

Juliet sits directly opposite Roseville Train Station and within walking distance of Roseville Village, while Chatswood's retail and dining precinct is only minutes away. The development is also surrounded by some of Sydney's most established schools, including Roseville College, Ravenswood, Pymble Ladies' College, and Knox Grammar, as well as nearby parklands and golf courses.

Juliet is currently more than 75 per cent sold ahead of its anticipated completion in late 2026.

[smartcode_project_cta:default project_id=7395]

Juliet to sit quietly amid Roseville apartment boom

Sherpa Property Group has unveiled the third instalment of its Flourish series, securing full approval for the two-tower, $500 million Flourish Soleira development in Palm Beach.

<a href="https://www.apartments.com.au/new-apartments/flourish-soleira-1150-1154-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> will rise from a prominent site in the commercial heart of Palm Beach, the long-time home of Cash Converters and a range of local retailers.

The project will introduce a new retail and dining precinct at ground level, beneath 286 apartments.

[smartcode_project:default project_id=150017 project_image_fid=370959]

“We’re very committed to not only providing affordable residential offerings that are much needed in Palm Beach, but also delivering a vibrant new commercial heart that complements the extraordinary growth of the southern Gold Coast,” Sherpa Property Group founder Christie Leet said.

The development will sit under Sherpa's Flourish brand, which is aimed at providing a pathway into the beachside suburb for locals, first-home buyers and downsizers. In a move designed to assist first-home buyers entering the market, Sherpa has reserved all one and two-bedroom, one-bathroom apartments exclusively for eligible first-home buyers.

[smartcode_project:default project_id=150017 project_image_fid=370964]

“Our vision through Flourish is to create a vibrant retail and lifestyle focal point within the Palm Beach centre zone, delivering thriving communities underpinned by lifestyle-rich locations,” Leet said.

“So far, Flourish has been an incredible success, and we hope to carry this momentum as we progress the next two Flourish projects in Palm Beach.”

[smartcode_project:default project_id=150017 project_image_fid=371430]

Located across 1150-1164 Gold Coast Highway and 3 Sixth Avenue, the development will comprise two towers. The northern tower will deliver 154 apartments, while the southern tower will add a further 132 residences, helping address ongoing demand for new apartments in the tightly held coastal suburb.

Flourish Soleira will also feature the most extensive rooftop amenity offering ever delivered in Palm Beach.

The two towers will be connected by a skybridge, with residents gaining access to a rooftop recreation deck featuring a full-width swimming pool, hot and cold plunge pools, wellness spaces, a gymnasium, private dining facilities, massage treatment rooms, barbecue areas, a basketball court, golf simulator, indoor and outdoor dining spaces, sun lounges and extensive landscaping.

LPS Group is expected to start construction later this year.

Sherpa is already well advanced on construction of its debut Flourish project, Flourish Amargo, located just around the corner from Soleira. Meanwhile, Flourish Oasis, positioned opposite Amargo, recently commenced construction and has nearly sold out its collection of 47 apartments.

[smartcode_project_cta:default project_id=150017]

Sherpa unveils $500m mixed-use Palm Beach precinct, Flourish Soleira

Are mortgage holders set to get a reprieve from the RBA in 2026?

Big Four bank NAB believes so. They are now expecting the next move from the RBA to be a cut, rather than a hike, which they had pencilled in for August. They are unsure of the timing of the cut however, they note in their latest&nbsp;NAB Economics RBA Watch.

NAB Chief Economist, Dr Sally Auld, said recent data suggests the economy has lost momentum and the outlook for rates has shifted, noting that the broader economic backdrop has changed since earlier in the year.

“The next move in the cash rate is likely to be down, but the timing is uncertain," Dr Auld said.

"In February, growth was above trend, the economy was operating above capacity and there was uncertainty over the restrictiveness of rates. None of these conditions exist today,” she outlined.

Dr Auld said recent data pointed to softer momentum across the economy while acknowledging that at the same time, uncertainty remains a key feature of the outlook.

“Both Q1 GDP data and the NAB business survey suggest momentum in the economy has slowed, meaning that growth has likely peaked for the cycle. That said, we are cognisant there is still considerable uncertainty around the outlook, both with respect to activity and inflation.”

Dr Auld said inflation risks and labour market outcomes would be important to watch.

“On the prices side, we are still forecasting above target core inflation through to mid-2027. Margins will compress and weaker labour market outcomes are a risk.”

She said tighter financial conditions are expected to weigh on housing and activity.

“Tighter financial conditions will be reflected in a slowing in house price growth and housing credit growth. In summary, we have greater conviction that the next move in rates is down, but less conviction on the timing.”

Mortgage relief? NAB forecasts RBA rate cut, not hike, after softer economic conditions

SP Setia

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<a href="/developers/s-p-setia">SP Setia</a> has announced that <a href="/builders/probuild">Probuild</a> will be embarking on the construction of the 120-metre-tall, 65-level <a href="/buildings/uno-melbourne-117-abeckett-street-melbourne">UNO Melbourne</a> building with a slated completion of 2021. The tower will occupy the 1,741 sqm 111 A’Beckett Street site in Melbourne’s CBD and will see the existing heritage building integrated within the new development. In keeping with the original heritage, the Elenberg Fraser-designed building elegantly ties in elements of streamlined moderne, with soft, rounded features and elongated lines. UNO Melbourne will also be Probuild’s fourth residential project with <a href="/architects/fraser-partners-0">Elenberg Fraser</a>.

<figure><a href="/buildings/uno-melbourne-117-abeckett-street-melbourne"><img alt="" class="image-article_full_width_580px" height="761" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/probuild_x_sp_setia_uno_pr_img_002.jpg?itok=wR5jo1Tk" title="L-R: Michael Passarella (Probuild), Choong Kai Wai (SP Setia), Luke Stambolis (Probuild) and Hunt Soon See (SP Setia)" width="580"></a>

<figcaption>L-R: Michael Passarella (Probuild), Choong Kai Wai (SP Setia), Luke Stambolis (Probuild) and Hunt Soon See (SP Setia)</figcaption></figure><figure><a href="/buildings/uno-melbourne-117-abeckett-street-melbourne"><img alt="" class="image-article_full_width_580px" height="516" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/uno-tower-in-melbourne-e120919-4-450x400.jpg?itok=OZALKJF7" title="UNO Melbourne exterior street-level render. Credit: Elenberg Fraser" width="580"></a>

<figcaption>UNO Melbourne exterior street-level render. Credit: Elenberg Fraser</figcaption></figure> 

<blockquote>
“SP Setia and Elenberg Fraser have always created projects of distinction through timeless, considered design and UNO will be no different, with highly considered apartments and world-class residential amenities… This appointment is a testament to the faith SP Setia has in Probuild’s extensive expertise in residential construction, as well as our commitment to safety and delivering Melbourne’s best quality apartments.”
</blockquote>


Luke Stambolis, Probuild’s Group Managing Director

UNO Melbourne’s street-level floorplate will provide a welcoming lobby, concierge and retail stores. Level One contains a private dining area, resident’s lounge, bar, entertainment space and media room, while Level Two has a dedicated childcare centre.

Wellness facilities can be found on Level 9 and will feature a spacious yoga studio, tranquil therapy room, well-equipped gymnasium, an outdoor cinema, and a steam room, spa and swimming pool. There will also be ample outdoor space for residents to enjoy.

<figure><a href="/buildings/uno-melbourne-117-abeckett-street-melbourne"><img alt="" class="image-article_full_width_580px" height="516" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/uno-tower-in-melbourne-e120919-4-450x400.jpg?itok=OZALKJF7" title="UNO Melbourne exterior street-level render. Credit: Elenberg Fraser" width="580"></a>

<figcaption>UNO Melbourne exterior street-level render. Credit: Elenberg Fraser</figcaption></figure><figure><a href="/buildings/uno-melbourne-117-abeckett-street-melbourne"><img alt="" class="image-article_full_width_580px" height="322" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/uno-tower-in-melbourne-e120919-3-520x289.jpg?itok=XKAi0ubi" title="UNO Melbourne pool render. Credit: Elenberg Fraser" width="580"></a>

<figcaption>UNO Melbourne pool render. Credit: Elenberg Fraser</figcaption></figure> 

UNO Melbourne also boasts fantastic local amenity and is walking distance to Queen Victoria Market, Melbourne Central and RMIT University.


The development will follow developer SP Setia’s four previous Melbourne developments including Fulton Lane, Parque Melbourne, Maison Carnegie and Marque Prahan.

<blockquote>
“We look forward to progressing our new relationship with Probuild, a builder who is committed to safety and delivering high-quality residential apartments.”
</blockquote>

Choong Kai Wai, SP Setia’s Australian CEO

Lead image credit: Elenberg Fraser
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Olivia Round

Probuild appointed to construct SP Setia’s UNO Melbourne tower

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It's officially spring and so it would also appear, ground breaking season. Apartments.com.au was onsite along with Lord Mayor Sally Capp and representatives from S P Setia, Multiplex, Fender Katsalidis, Cox Architecture and Shangri-La to celebrate the ground breaking of Sapphire By The Gardens and the official appointment of Multiplex as head contractor.

S P Setia’s 62-storey, $565 million development mixed-use development will feature Melbourne’s first 5-star Shangri-La hotel of 500 suites, in addition to 300 apartments with 95% sales achieved at time of writing. With Multiplex on board as the builder, a 3 year construction programme  is expected with Shangri-La Melbourne due to open in 2022.

<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/breaking_ground_at_sapphire_by_the_gardens.jpeg" rel="gallery-all" title="Lord Mayor Sally Capp with representatives from the development team"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/breaking_ground_at_sapphire_by_the_gardens.jpeg?itok=Jan7PJI7" title="Lord Mayor Sally Capp with representatives from the development team" width="580"></a>

<figcaption>Lord Mayor Sally Capp with representatives from the development team. Image: Nate Moir</figcaption></figure>Located at 308 Exhibition Street opposite the UNESCO World Heritage-listed Carlton Gardens, the design of Sapphire By The Gardens draws on and celebrates its garden location with a podium and urban realm characterised by lush greenery. The dual tower development's signature feature however, is its two-storey sky bridge linking the towers 50-storeys up in the air, and providing unique panoramic views across Melbourne to Carlton Gardens and beyond.

Speaking at the event to mark the occasion, Architect and Founding Director of Fender Katsalidis (FK), Karl Fender joked that if not for FK and Cox competing against each other, either firm would have won the competition outright. Instead because S P Setia couldn't split them they formed a partnership combining ideas from their respective concepts to produce Sapphire By The Gardens - "two architects for the price of one" said Fender with a wry smile.

<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/sapphire_by_the_gardens_overlooking_carlton_gardens.jpg" rel="gallery-all" title="Sapphire By The Gardens, draws on its location opposite the Carlton Gardens. Image: S P Setia"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/sapphire_by_the_gardens_overlooking_carlton_gardens.jpg?itok=brZYCgza" title="Sapphire By The Gardens, draws on its location opposite the Carlton Gardens. Image: S P Setia" width="580"></a>

<figcaption>Sapphire By The Gardens, draws on its location opposite the Carlton Gardens. Image: S P Setia</figcaption></figure><h2>What the say...</h2>

<blockquote>
Today's ground breaking ceremony marks an extremely significant milestone not just for Setia, but for Melbourne and so we are deeply honoured to have the Lord Mayor present to celebrate this auspicious occasion. We are here of course to mark the commencement of the construction works of this visionary twin tower project comprising Victoria's first Shangri-La hotel and Sapphire By The Gardens residences.

S P Setia with our A-team consultants and our giant builder Multiplex, has been working tirelessly to bring this project to reality. And now here we stand, proud that this has been achieved, and accordingly we would like to thank the City of Melbourne, in particular for the support it provided during the formative stages of the project.

Effort in each of our projects, both large and small to sensitively contribute to their context but perhaps none moreso than Sapphire By The Gardens. With its Shangri-La hotel, these striking twin towers mark the north-eastern gateway into the city through the stunning World Heritage Carlton Gardens and this has inspired a richly landscaped podium and forecourt presence to the public realm. On the other hand floating high above, the Skybridge - also open of course to the public and a first in Australia - will provide never-before-seen views of Melbourne and the Gardens.

The Shangri-La is one of the finest hotels in the world, it is fitting that it enjoys the primacy of this location  which is one of the finest in Melbourne. We are extremely proud to deliver this project to Melbourne and extremely privileged to share this moment with our Mayor, Sally Capp.

- Mr Choong Kai Wai, CEO of S P Setia’s Australian operations
</blockquote>

 

<blockquote>
On this very spot a significant architectural project is soon to rise above the streets of Melbourne. We will have our oldest iconic building, the Royal Exhibition Building looking on as our newest iconic building with its Skybridge is built right here. Congratulations to everyone involved.

I want to acknowledge that ambition is indeed at home right here in Melbourne. Melbourne's booming economic performance shows no sign of slowing down and projects such as this with its enormous scale is all important in terms of the investments and development happening right here in our city.

We expect our residential population to rise by over 50% over the next decade and so the investment in the much needed housing and accommodation that will happen through Sapphire By The Gardens is very welcome. I also note the thoughtfulness of what will happen at a street level as part of this project and the fact that this environment will add to Melbourne's reputation for engaging in distinctive experiences, you are also delivering that.

- Lord Mayor, Sally Capp 
</blockquote>

 

<blockquote>
Today is made very auspicious by this ground breaking ceremony, yet to come. It's ground breaking on a very, very special site in Melbourne, possibly, I would argue, the best site in Melbourne. It's on the gateway into Melbourne from the east, through the stunning World heritage gardens of the Carlton Gardens so it's appropriate that this gateway, this entry into Melbourne, is celebrated in the right way and makes all the right announcements.

Announcements such as 'great design comes first'. Our city is based on great design, past and present and going forward. On that note I really would like to make a special mention to Phillip Rowe and his team at Cox, who are our co-architects, co-designers on this project.

It will also sign Melbourne, the garden city, with this incredible garden entry way, in the design process we thought about bringing the Carlton Gardens across LaTrobe Street and into the building, through a beautiful plaza  meant for the public, and also up the face of the building, particularly the podium.

The futuristic Skybridge - another first for Melbourne - will be fantastic, it will provide new views over Melbourne for everybody whilst you sip your gin martini.

- Karl Fender, Founding Director Fender Katsalidis
</blockquote>

 
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Laurence Dragomir

S P Setia and Shangri-La break ground on Sapphire By The Gardens

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Now complete, Parque is an upmarket residential development on St Kilda Road comprising two glazed towers accommodating 332 luxury apartments. Designed by Fender Katsalidis the towers are connected by a private outdoor area on Level 8, featuring a 25-metre infinity pool.

The level 11 clubhouse has a library, a function room, outdoor terraces and a private dining room and kitchen designed by Shannon Bennett, with expansive views of Melbourne.  

The client, SP Setia, presented the design team with an existing building approval that negotiated the area’s building height restrictions and envelope controls. However, Fender Katsalidis still saw this as a unique project that warranted careful consideration and could take its cues from its natural environmental context.

<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/fkmed_1145_5602.jpg" rel="gallery-all" title="Landscape was a major influence and driver for the design of Parque. Image: Supplied"><img alt="" class="image-article-full-width-580px" height="414" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/fkmed_1145_5602.jpg?itok=d57LswqV" title="Landscape was a major influence and driver for the design of Parque. Image: Supplied" width="580"></a>

<figcaption>Landscape was a major influence and driver for the design of Parque. Image: Supplied</figcaption></figure>This led to a design conceived for placing a building ‘in the round’, with 360- degree views, that absorbed its park environment. The Western tower fronts St Kilda Rd and spans 11-storeys, stepping down to 8-storeys in the centre to preserve views of the Shrine of Remembrance and the city, before rising to 19-storeys at the Eastern tower.

Both towers feature highly articulate, curved glass curtain wall facades with recessed panels providing the facade with depth and capturing light and shadows. 

The neighbouring heritage listed grounds feature 150-year-old elms listed on the National Trust of Australia's register of significant trees, requiring careful site coordination to ensure trees were protected throughout construction. 

<blockquote>
It’s an incredible location, adjacent to a heritage park, which will always be protected and is in fact part of the development. A truly unique site along St Kilda Road.

The buildings' form is drawn from the contours of nature to create the two curvilinear tower volumes that define Parque. We are in this remarkable spot, so everything about the building is working from the inside out to maximise views for residents.

Literally reflecting the park location, we arrived at an expression that has 100 percent glazing around the two building volumes. The reflective glass facade let us create a beautiful pattern of recessed and flush glazed panels.

It's very different depending on what the environment of the day might be; it changes with the light and the seasons, just as the deciduous trees of the park do.

The entry experience is really quite remarkable. You have two entries into the building at ground level and it is very much a grand lobby experience. It's probably the largest residential lobby we've ever designed and is beautifully clad, wallpapered in travertine stone, so it's quite a stunning environment.

The residences are very luxurious, with a level of amenity and appointment that can be likened to a hotel experience. All of the apartments are terrifically sized.

When we began the development’s design, this was not necessarily what the Melbourne marketplace was generally demanding or offering, so we are very proud of setting an industry standard with Parque.

- Nicky Drobis, Director, Fender Katsalidis
</blockquote>

Urban.com.au: Fender Katsalidis (FK) had to work within an existing approved envelope. What was the brief from SP Setia for Parque? Who was the target market for the development and how did this ultimately inform the design of the apartments and resident areas?

Nicky Drobis: The brief from SP Setia was for FK to design a building worthy of its heritage listed location. They understood the importance of this site within the broader context of St Kilda Road and had the desire to develop a building that would of course succeed commercially but also genuinely contribute to and enrich Melbourne’s built environment.  

FK needed to stay within the restrictions of the Shrine Vista Controls which by their nature encourage buildings that are lower towards St Kilda Road and higher towards the Eastern end of the site which results in two volumes at different heights linked by a podium piece in the centre. However, a key factor in SP Setia’s brief that enabled FK to fully explore the design potentials for the site was their understanding of the value of good design could indeed provide more value to a development than necessarily maximising an allowable building volume.

The brief also responded to SP Setia’s understanding of the lack of supply at the time in Melbourne of apartments which would attract owner occupiers and investors alike. Hence the apartment mix is varied and the apartments were larger than those typically in the market place at the time.

SP Setia is also known internationally as a developer who invests heavily in providing a wonderful amenity offer to residents in their developments, and this is definitely the case at Parque.

UM: Parque is located within a historically and culturally significant pocket of St Kilda Road. What were some of the challenges involved in working in such a sensitive context?

ND: There is wonderful complexity in the immediate built environment surrounding the Parque site, including historically significant buildings such as the former Royal Victorian Institute for the Blind, the Wesley College campus and the heritage listed park in which our building is sited. Our intention was to design a building which would not compete with its heritage neighbour to the south east and was responsive in form and material to its landscaped context.

In so doing the building forms are not directly referencing our context, but rather are a sculptural insertion which very much literally reflect the immediate surrounds in the glazed façade.

<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/fkmed_1145_5592.jpg" rel="gallery-all" title="Parque has been designed to be responsive in form and material to its landscaped context, says FK Director Nicky Drobis. Image : Supplied"><img alt="" class="image-article-full-width-580px" height="578" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/fkmed_1145_5592.jpg?itok=IICZl_o4" title="Parque has been designed to be responsive in form and material to its landscaped context, says FK Director Nicky Drobis. Image : Supplied" width="580"></a>

<figcaption>Parque has been designed to be responsive in form and material to its landscaped context, says FK Director Nicky Drobis. Image : Supplied</figcaption></figure>UM: They say the ultimate test of any development is whether or not the developer or architect lives there. Are any members of the project team also residents in the development?

ND: There are indeed numerous members from the Development, Architectural and Construction team that own homes and live in Parque. The purchaser demand for the apartments was very strong and we never got to use the purpose built marketing suite to its full effect as the development sold out so quickly!

UM: SP Setia is obviously very happy with the finished product as FK has also been engaged to design 308 Exhibition Street. Can you tell us a bit about the working relationship with SP Setia?

ND: Our relationship with SP Setia has been an enriching and successful one. The Setia team bring with them a long history of quality developments centred in Malaysia that reaches globally, so there is the wisdom that comes with that.

They have astute local leadership supported by a strong team that work very cohesively. A fantastic part of our experience has been to learn from and enjoy SP Setia’s business culture which is embracing and supportive.

Close relationships across the entire consultant team and industry can be fostered in this environment.
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FK's Nicky Drobis on Parque's design credentials

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SP Setia's golden touch looks to have taken a literal turn as the developer prepares to launch UNO Melbourne.

111 A'Beckett Street will be home to the mixed-use tower, after SP Setia concluded a deal to purchase the site from Singaporean developer Tong Eng for $61 million mid this year. The project is appearing across a number of websites in an all gold finish, differing from the approved version which was to have utilised a tinted performance glazing system resulting in a multicoloured facade.

Urban.com.au was <a href="/news/tong-eng-groups-dazzling-210-metre-entry-into-the-australian-market">first to bring the Elenberg Fraser-designed tower to light</a> during 2015. 

UNO Melbourne is set to join no less than six major skyscrapers designed by Elenberg Fraser in the immediate vicinity. Adjoining SP Setia's pending A'Beckett Street tower is EQ.Tower; at 63 levels it is another Elenberg Fraser product.

<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/image14uno.jpg" rel="gallery-all" title="UNO Melbourne will see a mixed-use outcome. Image: Yeeyi"><img alt="" class="image-article-full-width-580px" height="322" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image14uno.jpg?itok=Na8dPckZ" title="UNO Melbourne will see a mixed-use outcome. Image: Yeeyi" width="580"></a>

<figcaption>UNO Melbourne will see a mixed-use outcome. Image: Platinum Realty Investment Group</figcaption></figure>The tower will span 210 metres in height and consist of approximately 60,000sqm of floor area. SP Setia's purchase of the site with a permit which was granted prior to reworked planning controls has allowed for UNO Melbourne to maintain a roughly 35:1 plot ratio, far above the preferred current 24:1 ratio.

Apartments aside, the image above suggests that SP Setia have chosen to include a hotel across the tower's lower levels.

<a href="/buildings/uno-melbourne-117-abeckett-street-melbourne">UNO Melbourne</a> will rise behind the retained facade of the Commonwealth Motors building, which is finished in an Art Deco-style. As shown above, the lower sections of the tower are likely to include amenities such as a hotel club, conference facilities and a childcare centre.

Traditional apartments take over thereafter, bisected by a level 40 sky lounge and capped by a level 64 wellness centre.

<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_17.jpg" rel="gallery-all" title="Indicative finishes within the tower. Image: Raeon"><img alt="" class="image-article-full-width-580px" height="518" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image17_17.jpg?itok=gLGbONRP" title="Indicative finishes within the tower. Image: Raeon" width="580"></a>

<figcaption>Indicative finishes within the tower. Image: Raeon</figcaption></figure>The sky lounge is set to include a library, music room, games room, cinema and dining area. UNO Wellness as it has been dubbed on level 64 includes a heated pool, sauna, steam room, yoga studio and gym.

Apartments with UNO Melbourne as shown on early advertising material would include one, two and three bedroom options, with study add-ons also available. Apartments are expected to range in size between 51sqm and 111sqm.

SP Setia have an operational website for UNO Melbourne and according to online platforms the project has an expected completion date of late 2021.

<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_20.jpg" rel="gallery-all" title="A view to Melbourne's north. Image: Raeon"><img alt="" class="image-article-full-width-580px" height="360" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image18_20.jpg?itok=T-9HDje5" title="A view to Melbourne's north. Image: Raeon" width="580"></a>

<figcaption>A view to Melbourne's north. Image: Raeon</figcaption></figure>
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silvermb

SP Setia closes in on Melbourne's next major tower release

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The appeal of being located in close proximity to the World Heritage-listed Royal Exhibition Building and Carlton Gardens continues to be a major selling point for developers, with a handful seeking to take advantage of the views afforded by the northern location.

Developer SP Setia has recently experienced this appeal first hand, with their Sapphire by the Gardens development passing the 80 per cent sold mark. The remaining 20 per cent of apartments will be marketed during two exclusive events in Sydney and Melbourne in coming weeks.

<div>
<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/sbtg_interior_render_3.jpg" rel="gallery-all" title="Sapphire By The Gardens apartment interior. Image: SP Setia"><img alt="" class="image-article-full-width-580px" height="302" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/sbtg_interior_render_3.jpg?itok=4RN28wU4" title="Sapphire By The Gardens apartment interior. Image: SP Setia" width="580"></a>

<figcaption>Sapphire By The Gardens apartment interior. Image: SP Setia</figcaption></figure>
</div>

<ul></ul>
<blockquote>
A small number of the remaining apartments overlook the iconic, UNESCO world heritage listed, Royal Exhibition Building and its surrounding Carlton Gardens. These apartments will boast some of the most impressive views in Melbourne, as will the limited remaining apartments overlooking Melbourne’s CBD.

Sapphire By The Gardens has been carefully designed to the highest architectural standards and we are excited to watch this development evolve and settle into this iconic location.

- Mr Choong Ka Wai, CEO of SP Setia Melbourne
</blockquote>

<div>
The first tower, Sapphire By The Gardens will accommodate 345 residential apartments and residents will be able to access a range of amenities, including spa and sauna facilities, gymnasium and yoga area, infinity-edged pool and residents dining lounge just to name a few.

A second tower connected to the first by a sky-bridge will deliver 500 suites as part of Melbourne’s first Shangri-La branded hotel that s is scheduled for completion - along with the rest of the development - during 2021. 
</div>

Not too far away a number of other developments are at various stages of their respective development lifecycles, with UEM Sunrise's Conservatory the most advanced in terms of progress. Under the lead of head contractor Hickory, construction of the COX Architecture-designed 37-storey apartment tower is racing skyward at a feverish pace.

Conservatory will at completion add 473 dwellings, designed around views towards the Carlton Gardens. The main entry lobby is flanked by a new north-south retail laneway with tenancies located within a series of pods designed to activate the streetscape.

<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/conservatory_hickory.png" rel="gallery-all" title="UEM Sunrise's Conservatory apartments are rising opposite the Carlton Gardens."><img alt="" class="image-article-full-width-580px" height="579" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/conservatory_hickory.png?itok=cmM4W7pG" title="UEM Sunrise's Conservatory apartments are rising opposite the Carlton Gardens." width="580"></a>

<figcaption>UEM Sunrise's Conservatory apartments are rising opposite the Carlton Gardens.</figcaption></figure><blockquote>
The sculptural tower form has been configured to maximise the number of units that have the best views to Carlton Gardens, unencumbered views to the north, as well as view corridors through existing and approved developments to the south.

The curved form of the building maximising the facade area to allow the greatest amount of glazed frontage, allowing optimal natural light penetration to more unit areas while the environmental fins modulate solar penetration. The top of the tower incorporates an environmental crown housing PV cells and water harvesting measures, creating a dynamic highlight to the form to transition from the mass and bulk of the adjacent tower down to the smaller scale of the tower to the east and the gardens below. 

- COX Architecture
</blockquote>

Conservatory is expected to be completed late next year, while another project directly opposite was recently submitted for planning consideration. Should it be granted approval 23-29 Victoria Street will accommodate 90 apartments within a 25-storey building located on a 894sqm wedge-shaped site with two street frontages, currently occupied by a service station.

Similar to Sapphire by the Gardens and Conservatory, the Woods Bagot designed scheme for Perri Projects has drawn on its location opposite Carlton Gardens, with apartments oriented to best maximise a northerly aspect.

<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/image10_14_0.jpg" rel="gallery-all" title="23-29 Victoria Street as rendered from Drummond Street. Planning image: Woods Bagot"><img alt="" class="image-article-full-width-580px" height="410" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image10_14_0.jpg?itok=WkAiXx32" title="23-29 Victoria Street as rendered from Drummond Street. Planning image: Woods Bagot" width="580"></a>

<figcaption>23-29 Victoria Street as rendered from Drummond Street. Planning image: Woods Bagot</figcaption></figure>Lastly the long dormant former Cancer Council headquarters building at 1 Rathdowne Street on the corner with Victoria Street continues to languish with little movement on the key corner site.

The 3,100sqm sold for in excess of $16 million during 2013 to Kingisland Timber Pty Ltd. The owner has yet to progress any plans for the site, despite having received approval in 2015 for the conversion of the existing building, which has been described by Lord Mayor Robert Doyle as one of Melbourne's worst eyesores, into a Indoor (trampoline) Recreation Centre. 

<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/1-23_rathdowne_street.png" rel="gallery-all" title="1 Rathdowne Street has approval in place for a Indoor Trampoline Centre. No joke. Image: Latitude Developments"><img alt="" class="image-article-full-width-580px" height="273" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/1-23_rathdowne_street.png?itok=cYj79Afo" title="1 Rathdowne Street has approval in place for a Indoor Trampoline Centre. No joke. Image: Latitude Developments" width="580"></a>

<figcaption>1 Rathdowne Street has approval for a Indoor Trampoline Centre. Image: Latitude Developments</figcaption></figure>One suspects it won't be long before the owners either on sell the site or draft up plans for a residential scheme for what is one of the most prominent sites in the northern CBD.
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