Around 400 additional homes could be built at Southwark Grounds on Port Road, lifting total site capacity from 1300 to around 1700 dwellings.

A recently approved code amendment would allow apartment towers of up to 14 storeys in some areas of Renewal SA’s redevelopment of the former West End Brewery.

Renewal SA Acting Chief Executive Shane Wingard said he welcomed the code amendment, with the increase in heights and homes making a positive impact on the supply of high-quality, well-connected housing close to the city.

“By going higher across some parts of Southwark Grounds, we are adding a substantial number of very well-located homes with little impact on project delivery time or planned open space,” Mr Wingard said.

Since the project officially launched in 2025, Mr Wingard said more than 12,000 enquiries had been received about living at Southwark Grounds.

“The very strong early interest we’ve seen since homes were first released in the precinct reinforces our plans to create more housing opportunities,” he said.

The Southwark Grounds code amendment was launched in December last year, with community engagement undertaken over five weeks from January.

It proposed increasing maximum building heights from eight to 14 storeys on the eastern section of Southwark Grounds, and to 12 storeys across the remainder of the site, with minimum building heights ranging from two to four storeys.

The code amendment was implemented through an Early Commencement policy in late January, allowing developers to quickly explore the viability of increased height and housing yield while other planning processes continue.

One of the first developers delivering apartment sites have already finalised redesigns to increase the number of apartments following the code amendment.

Samaras’ development adjacent to the future Colonel Light Park is now planning to deliver 125 apartments across 11 storeys, significantly greater than original plans of around 50 apartments across four storeys.

The developer is also exploring the potential for additional affordable housing outcomes.

Most of the apartments at Southwark Grounds will be delivered within a master-planned precinct on a large parcel of land on the eastern portion of the site, covering around two-thirds of its 8.4 hectares.

Wingard said detailed precinct planning over the coming months may identify further opportunities to increase yield further that could see total apartment numbers at Southwark Grounds, exceed this number.

Affordable homes at Southwark Grounds will also see a net increase, with Renewal SA maintaining its commitment to a minimum of 20 per cent affordable housing across the development.

&nbsp;

&nbsp;

Civil works have begun across the site, with construction under way on the first new roads surrounding a townhouse precinct in the south‑west corner of Southwark Grounds. This includes Renewal SA’s 17 Founder’s Row homes, which are on track for completion by Christmas.

“We expect to have people living at Southwark Grounds by the end of the year, so delivering roads and public spaces for those residents is among our highest priorities.”

Construction of 40 townhouses off Anderson Street, known as West Village and being delivered by Contour, is forecast to begin in mid‑2026. Kolabb’s Anderson Lane development will follow shortly after, delivering a further 26 townhouses.

Southwark Grounds is a state government‑led urban renewal project now set to deliver around 1,700 homes over the next decade.

Homes will be supported by a supermarket, a range of retail and hospitality offerings anchored by a revitalised Walkerville Brew Tower, a childcare centre, car parking and well‑connected public spaces.

Joel Robinson

400 new homes planned for Adelaide's former West End Brewery site

Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/cavcorp">Cavcorp</a> has lodged plans for a new mixed-use residential development at <a href="https://www.apartments.com.au/new-apartments/55-wyandra-street-teneriffe-qld-4005">55 Wyandra Street</a>, Teneriffe, anchored by an 85-metre public laneway designed to reconnect the suburb’s riverfront with the Gasworks precinct.

The buildings, known as Teneriffe House and Teneriffe Lane, would replace the existing Queensland Cotton head office site with a 15-storey residential tower transitioning to eight storeys toward Helen Street. The project has been designed by Plazibat Architects and lodged as a code assessable development application for 93 apartments across a 3,401 sqm mixed-use site within the Newstead and Teneriffe Waterfront neighbourhood plan.

Central to the scheme is the transformation of an existing service easement into a publicly accessible cross-block connection linking Wyandra and Helen Streets. Cavcorp says the new laneway will act as both a pedestrian shortcut and a landscaped civic space between the Teneriffe Riverwalk, ferry terminal, and Gasworks precinct.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="26e7f058-b065-4de8-b13d-a2b8cb64dfcc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bldg.png?VersionId=sELS0ZKYi361oYipUa1BIKfe_.DLZoFV" />

“The revised proposal delivers a legacy public-realm cross-block link, permanently secured for community use, transforming an existing private easement into a safe, high-quality pedestrian connection between the Teneriffe heritage riverwalk and the Gasworks–Long Island precinct,” the planning report states.

The laneway will sit beneath a large subtropical loggia integrated into the podium levels of the development. The design incorporates deep landscaping, water gardens, lobby spaces, business lounges, and ground-floor apartments to create what Cavcorp describes as a climate-responsive “urban verandah.”

The tower itself has been designed as a slender form with recessed floorplates and curved translucent corners inspired by contemporary Japanese architecture. The building height aligns with the Commercial Road precinct controls, which permit towers up to 15 storeys within proximity to Longland Street.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="a8a17d40-43b6-4718-b3fd-67676fcbb485" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%202_1.png?VersionId=i3VwDtp5AmL_8InW7w4qRbDFEpb744Jt" />

The project will comprise a mix of larger-format apartments aimed at owner-occupiers, downsizers, and families. The proposed apartment mix includes 11 loggia apartments across the lower levels, 50 four-bedroom Sky-Terrace apartments from levels three to seven, and 32 Sky-Pool Homes occupying the upper tower levels. The Sky-Pool Homes will feature private thermal plunge pools integrated into oversized balconies.

According to the application, the apartments are intended to reinterpret the scale and character of Teneriffe’s woolstore conversions and Queensland homes within a vertical residential format.

“The sky-pool homes build on Cavcorp’s previous projects and introduce a distinct apartment typology to Teneriffe, informed by both local and international precedent and responding to an identified market demand for enhanced safety, space and amenity,” the planning submission notes.

A major focus of the proposal is its five-level wellness and lifestyle offering, extending from the basement through to the rooftop.

Amenities proposed include a rooftop Swim &amp; Racquet Club with a 25-metre Olympic lap pool and tennis court, coworking spaces and libraries, golf simulators, wine storage, concierge facilities, business lounges, pet wash areas, and rooftop longevity-focused wellness spaces with spas, outdoor fitness zones, and landscaped terraces.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="944b352c-49b9-4247-a4c6-5967b4b69fda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenity.png?VersionId=Ed_qKjAtMwFT.5gfl3jiA9QwdWxSMsaX" />

All parking will be concealed within basement levels accessed from Wyandra and Helen Streets. Cavcorp says the deep-basement engineering approach allows the entire ground plane to prioritise landscaping, pedestrian movement, and active frontage rather than vehicle infrastructure.

The development continues Cavcorp’s concentration in Newstead and Teneriffe, where the Brisbane developer has delivered a number of apartment projects including Lucent, Le Bain, and Luminare, as well as the Long Island Wellness Precinct nearby. Several of those projects have received national design and architecture awards, including recognition under Brisbane’s “Buildings that Breathe” program.

Cavcorp unveils wellness-focused Teneriffe House and Teneriffe Lane apartment buildings

Focus Group Investments has lodged plans for a new apartment development at <a href="https://www.apartments.com.au/new-apartments/64-70-hanover-street-fitzroy-vic-3065">64–70 Hanover Street</a> in Fitzroy, seeking to utilise the Victorian Government’s recently introduced Great Design Fast Track pathway to accelerate approvals for the project.

The proposal is among the latest developments to emerge through the state-led initiative, which was established to fast-track well-designed residential projects in activity centres and transport-connected inner-city locations. The pathway allows qualifying developments that meet elevated design and housing benchmarks to bypass traditional council planning timeframes and instead be assessed directly by the Department of Transport and Planning.

Designed by SJB, the development will comprise a mix of apartments above activated lower levels, with a strong focus on architectural articulation, landscaping, and communal amenity. The design response seeks to balance the industrial character of Richmond’s former warehouse precincts with a more contemporary residential form.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="abea51cc-d85b-479e-9aef-a589f3b37ca7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ground.png?VersionId=e1Kf8EyPWwyiVumtqQ4rM5S4GpOR3CCz" />

Proposed are 63 new dwellings, a wide ranging mix of studio, one-, two-, and three-bedroom apartments, and townhouses and duplexes. They will be spread across a part-three, part-eight storey building.

The Planning and Urban Context Report by Tract says the development is of an "exemplary architectural standard" and has been carefully crafted by SJB Architects.

"Dwellings&nbsp;will benefit from excellent access to natural light, cross-ventilation opportunities and extensive communal space," the report noted.

The architectural material highlights the project’s integration of landscaped elements and communal spaces throughout the building. The proposal also incorporates sustainability initiatives aligned with the Victorian Government’s push for higher-performing apartment developments under the fast-track program.

The Great Design Fast Track was unveiled by the Victorian Government in 2024 as part of a broader housing supply strategy aimed at accelerating the delivery of new homes. Projects assessed through the pathway must demonstrate high-quality architecture, sustainability outcomes, and housing diversity while being located close to public transport and existing infrastructure.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="afdbe834-8dc4-4a77-a943-ba07bc927348" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_11.png?VersionId=0J657j.TaChAZfp93wqJYBTqSsnREJx2" />

Focus Group, founder and led by Paul De Lutiis, is increasingly active across Melbourne’s inner suburbs, targeting well-connected urban renewal locations suited to medium and higher-density residential development. The Fitzroy proposal continues that strategy, leveraging the area’s strong transport links, established retail amenity, and proximity to the CBD.

Fitzroy has been one of the most popular spots for developers and buyers in recent years. The likes of PACE Development Group, SMA Projects, Crema Group and Chapter Group, currently selling projects in the suburb.

First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Fitzroy apartments

The Gold Coast Planning Committee has supported the preliminary approval for the Benowa Gardens Urban Village project following an extensive community consultation and assessment process.

The proposal will now proceed to a full council vote on June 2.

The application sought approval for a masterplanned urban village on the existing Benowa Gardens Shopping Centre site, combining new housing, retail, dining, health and lifestyle amenities within a walkable, integrated precinct.&nbsp;

The proposed redevelopment includes around 413 apartments integrated above a revitalised mixed-use centre featuring a full-line supermarket of 4,000 sqm, 6,000 sqm of specialty retail and dining space across around 30 retailers, a 7,000 sqm health and wellness precinct, and roughly 9,630 sqm of office and medical suites.&nbsp;

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="fb36ae47-80bc-45f0-9914-31b0c7b6007d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/PR26576%20Ashmore%20Road%20C4%201121%20FI.jpg?VersionId=6mRKk2uU4r67TmTt39DKGUlvFRbTVqWa" />

The broader masterplan also includes very significant traffic and transport improvements, wide pedestrian walkways, upgraded pedestrian and cycle connections, and enhanced public areas designed to create a more connected and walkable community environment.&nbsp;

Centre owner Patrick Lu said the milestone reflected months of detailed planning, technical assessment and ongoing communication with local residents, businesses, schools and stakeholders.

“We appreciate the time, consideration and care Council officers and the Planning Committee have given this proposal throughout the assessment process,” Lu said.

“We also sincerely thank the local community for engaging with us, sharing feedback and participating in the consultation process over many months.

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="32fd1fc3-d0e6-485f-ac57-9916c9bcb818" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/PR26576%20Ashmore%20Road%20C5%201121%20FI_2.jpg?VersionId=fz8qQKDBLQ7MyFRc856Zccfbh9nFwLOe" />

“We understand projects of this scale bring questions and concerns, which is why we have worked hard to listen carefully, provide information transparently and continue refining elements of the proposal where possible.

“Our vision has always been to create a well-designed, community-focused urban village that responds to the changing needs of the Gold Coast, while delivering improved amenity, housing diversity, healthcare access and local lifestyle benefits.

“This proposal is about creating a genuine live-work-play environment where residents can access everyday services, schools, healthcare, dining, shopping and green space within walking distance, while also supporting local jobs and economic activity.”

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="50dfbd04-590e-4fc6-983b-766880947867" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Dining%20Day%20Time%20-%20High%20Resolution.jpg?VersionId=BP7ZoKJ0DdL_8iRkkC8VVx99moICV6kg" />

Lu said the proposal had evolved significantly through consultation and technical review, particularly around traffic, pedestrian and student safety and neighbourhood connectivity.&nbsp;

Melissa Griffin, Director at Urbis, said the recommendation recognised the strategic importance of delivering more housing and services within established urban areas already supported by infrastructure.

“This proposal represents the type of thoughtful, integrated growth that planning frameworks across South-East Queensland are encouraging,” Ms Griffin said.

“The project seeks to place housing, retail, healthcare and employment opportunities together in a highly accessible location close to schools, transport and existing services.

“Importantly, the process has involved significant technical assessment and community engagement to ensure local issues and feedback were properly considered throughout the planning pathway.”

$1 billion Benowa Gardens Urban Village heads to council vote following Planning Committee support

Surfers Paradise is officially set for its first new residential development with a 45-storey skybridge connecting the two towers.

John Camilleri’s Celestino Developments has been given the green light by the Gold Coast City Council to develop its major beachfront precinct across its huge 4,000 sqm oceanfront site at <a href="https://www.apartments.com.au/new-apartments/63-79-garfield-terrace-surfers-paradise-qld-4217">63–79 Garfield Terrace</a>, just five months after its <a href="https://www.apartments.com.au/news/qld/first-look-exclusive-billionaire-winx-breeder-s-bold-two-tower-surfers-paradise-play-with-45th-storey-skybridge">submission in late 2025</a>.

The approved scheme will deliver two towers rising 55 and 48 storeys, connected by a skybridge positioned on level 45 that will house a range of resident-only wellness and entertainment spaces.

In its notice of approval, the Gold Coast City Council said the&nbsp;proposed overall built form has been designed to complement the scale, intensity and protect the adjacent amenity and surrounding streets through the use of varied setbacks, site cover and architectural elements.

<img alt="First look exclusive: Billionaire Winx breeder’s bold two-tower Surfers Paradise play with 45th-storey skybridge" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-30%20at%209.53.48%E2%80%AFAM.png?VersionId=ADyPJ_TFbJvSU9wZFOiCBnlPtgF7VWqW" />

Designed by <a href="https://www.apartments.com.au/architects/dbi">DBI</a>, the development will comprise 275 apartments across the two towers, including a mix of two-, three-, and four-bedroom residences, as well as several penthouses. The apartments will sit above a landscaped podium featuring more than 90 metres of beachfront pool frontage, private resident lawns, lounges, and wellness spaces.

DBI said the design draws heavily from the movement and form of the coastal environment, with curving balcony lines and sculpted façades intended to soften the scale of the towers while maximising ocean outlooks and passive shading outcomes.

“The project occupies a rare, uninterrupted oceanfront site and has been shaped by a design philosophy that merges architectural elegance with environmental responsiveness and a carefully curated lifestyle experience,” DBI said in planning documents submitted to the Gold Coast City Council.

The most distinctive element of the approved project is the skybridge linking the two towers at level 45. The elevated communal space is planned to include executive lounges, formal dining areas, wellness facilities, and panoramic ocean-facing outlooks.

“The skybridge enhances the identity of the development, promotes social interaction, and delivers a lifestyle experience not found elsewhere on the Gold Coast,” DBI said.

At podium level, residents will have access to a suite of resort-style amenities, including resident lounges, private dining rooms, a yoga lawn, gymnasium, plunge pools, and treatment spaces. The beachfront pool has been designed with separate lap, lounge, and children’s areas extending across the width of the site.

The project will also introduce new food and beverage offerings along the Enderley Avenue and Oceanway frontages, contributing additional activation to the beachfront precinct.

First look: Winx billionaire’s beachfront Surfers Paradise apartment development greenlit

Melbourne off the plan apartments

Units in Melbourne continued to outperform it's house market counterpart.

Unit values rose 0.2 per cent, according to CoreLogic Monthly Hedonic Index, a modest gain, but considerably higher than the -0.3 per cent decline in the house market.

It was the fourth month in a row that unit values in Melbourne outperformed.

The median value for units in Melbourne is now at $610,000.

<h2>What happened in Melbourne’s off the plan apartment market in June</h2>

One of Melbourne's biggest off the plan apartment developments achieved a major milestone in June.

Nine months after its official launch,&nbsp;<a href="/developers/osk-property" target="">OSK Property</a>&nbsp;and&nbsp;<a href="/builders/multiplex">Multiplex</a>&nbsp;broke ground on BLVD, the latest tower at the $3 billion <a>Southbank</a> precinct, <a href="/buildings/melbourne-square-93-119-kavanagh-street-southbank">Melbourne Square</a>.

<img alt="OSK Property and Multiplex break ground at BLVD, Melbourne Square" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-06-13%20at%206.08.44%20pm.png?VersionId=B_649xLFaYD1Nw78JdyaL31BROFSTDns" />

<a href="/new-apartments/blvd-at-melbourne-square-19-hoff-boulevard-southbank">BLVD</a> will deliver much-needed residential stock to <a href="/developments/southbank-vic-3006">Southbank</a>, just over 600 apartments across a 74-level that will also home private dining rooms, state-of-the-art gyms, a 25m indoor swimming pool, spa, sauna, golf simulator, entertainment and lounge spaces, and a two-level co-working area on levels 55 and 56.&nbsp;

Multiplex is expecting to complete the building in Q1 2028.

Read more:&nbsp;<a href="/news/vic/osk-property-and-multiplex-break-ground-at-blvd-melbourne-square">OSK Property and Multiplex break ground at BLVD, Melbourne Square</a>

[smartcode_project:default project_id=107714 project_image_fid=214125]

There were two residential developments launched last month, in Hampton and South Kingsville.

Melbourne developer <a href="/new-apartments/noetic-place-hampton-28-34-service-street-hampton">Noetic Place</a>&nbsp;revealed its eponymous Hampton apartment development, <a href="/developers/noetic-places">Noetic Places</a>, offering some of the largest apartments on the market in the burgeoning Bayside suburb.

Noetic Place, led by Stephen Barrow-Yu, worked extensively with the local council and community to bring 33 two, three and four-bedroom apartments designed to appear as three individual homes, mimicking the scale of nearby houses on the tree-lined Service Street, within a stroll of <a href="/developments/hampton-vic-3188">Hampton</a>'s beach, village and station.

Read more:&nbsp;<a href="/news/vic/noetic-place-hampton-a-celebration-of-design-landscaping-and-community">Noetic Place Hampton: A celebration of design, landscaping and community</a>

[smartcode_project:default project_id=134934 project_image_fid=277880]

Over in&nbsp;<a href="/developments/south-kingsville-vic-3015">South Kingsville</a>, developer Blue Run launched&nbsp;<a href="/new-apartments/kings-lane-kingsville-56-new-street-south-kingsville-vic-3015">Kings Lane</a>, its boutique townhouse development comprising just 25 three and four-bedroom townhouses designed by <a href="/architects/rothelowman">Rothelowman</a>.

The two and three-level townhouses will sit on New Street, tucked away conveniently off Blackshaws Road and near Edwards Reserve.

[smartcode_project:default project_id=145042 project_image_fid=279554]

While supply still remains one of the largest constraints in the off the plan apartment market, there were some notable projects mooted for the future.

Developer <a href="/developers/kincrest">Kincrest</a>&nbsp;submitted plans to the Stonnington Council for a mixed-use building on Grattan Gardens in <a href="/developments/prahran-vic-3181">Prahran</a>.

<img alt="Exclusive first look: Kincrest plots new Prahran apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-06-11%20at%2010.36.50%20am.png?VersionId=CHSl4.FRxEblmX8Chkbm5NRiGvmTYAZE" />

Kincrest, led by Tom Howgate, secured <a href="/new-apartments/the-osment-prahran-3-7-grattan-street-prahran">3-7 Grattan Street</a> market, and then amalgamated the neighbouring single-level warehouse to create 1,613 sqm and a 35-metre frontage to the park.

The plans by <a href="/architects/cheah-saw-architecture">Cheah Saw Architecture</a> are for 22 apartments across a seven-level building. The two three and four-bedroom apartments, offering larger than standard sizes, something which is built into Kincrest's development ethos, will sit above two levels of strata offices and a ground-floor cafe and retail space that will face the park.

Read more:&nbsp;<a href="/news/vic/exclusive-first-look-kincrest-plots-new-prahran-apartments">Exclusive first look: Kincrest plots new Prahran apartments</a>

Camberwell is also set for a new development with the&nbsp;City of Boroondara approving a new 12-level mixed-use development that will become the second tallest building in the area.

The project, at 697-699 Burke Road, Camberwell, has been designed by <a href="/architects/cera-stribley-architects">Cera Stribley</a>&nbsp;for property developer <a href="/developers/above-zero">Above Zero</a> and will have 36 apartments set above five levels of office space and retail on the ground level.

The approval follows an extensive planning process that has been ongoing since 2015 when the City of Boroondara first refused a 15-level, 62-unit development on the 1,950 sqm site.&nbsp;

<img alt="Camberwell set for Cera Stribley-designed mixed-use development after green light" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Cera%20Stribley.jpg?VersionId=GaQwaEBcX2BWEZQzTKwU.SdnNkueblPj" />

The final design, which gained support from both the council and previous objectors, includes office spaces on levels one to five, apartments on levels six to eleven, and a communal rooftop terrace on level 12.

The Camberwell Junction area is expected to need a further 1,500 additional new dwellings by 2051 to keep up with population growth, the planning documentation suggested.

Read more:&nbsp;<a href="/news/vic/camberwell-set-for-cera-stribley-designed-mixed-use-development-after-green-light">Camberwell set for Cera Stribley-designed mixed-use development after green light</a>

Developer <a href="/developers/abadeen-group">Abadeen</a> also has its eyes on its future development pipeline. Keen to focus on Melbourne's premium owner-occupier market since its expansion from Sydney's Lower Norht Shore, Abadeen, led locally by Andrew Leoncelli, grabbed a parkside development site in <a href="/developments/caulfield-north-vic-3161?sort=">Caulfield North</a>.

Abadeen&nbsp;beat out several other developers to secure 1,060 sqm on Caulfield Park.

<img alt="Exclusive: Abadeen grab next Melbourne off the plan apartment development site" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-06-06%20at%2010.23.39%20am.png?VersionId=8WDEAS_ndB64HRdLt_hIy5tccDe9dBYB" />

The site at 219-229 Balaclava Road is north-facing and offers uninterrupted views to the north and northwest, over the park and out to the city.

It was offered by JLL with permit-approved plans for a new seven-level apartment development designed by <a href="/architects/cht-architects" target="">CHT</a> Architects.

Abadeen will go back to the drawing board and is engaging a leading architect to tweak the plans to make the apartments larger, but they will stay within the same envelope of what's been approved.

Read more:&nbsp;<a href="/news/vic/exclusive-abadeen-grab-next-melbourne-off-the-plan-apartment-development-site">Exclusive: Abadeen grab next Melbourne off the plan apartment development site</a>

City Beat July 2024: Performance gap widening between units and houses

Collingwood is a suburb known as one of Melbourne's most vibrant cultural hubs.

For a long time, it has catered to young professionals, predominantly apartment dwellers, who want to be in the heart of what makes Melbourne so appealing.

One demographic that has been overlooked over the years is downsizers. With well over 90 percent of the suburb consisting of apartments and townhouses, larger apartments designed to transition downsizers from family homes haven't been widely available.

However, Duke Ventures, led by architects Joseph Toscano and Dino Pezzutti, identified this gap in the market. Toscano and Pezzutti's architecture firm, DP Toscano, put pen to paper and designed <a href="/buildings/duke-apartments-collingwood-93-wellington-street-collingwood">Duke Apartments</a>, a collection of just nine full-floor apartments, the only recent development offering exclusively full-floor residences.

[smartcode_project:default project_id=5366 project_image_fid=61085]

The Wellington Street development, currently under construction by Hamilton Marino, is expected to be completed by the end of 2024. It offers apartments ranging in size from 158 sqm to 185 sqm, some of the largest in the suburb's history.

Each apartment features three bedrooms located privately at the rear, with the living, kitchen, and dining areas opening to a full-width balcony overlooking the Melbourne skyline.

[smartcode_project:default project_id=5366 project_image_fid=278517]

To ensure ample natural light and ventilation, the design incorporates a central light well.

The apartments boast a combination of timber floors, timber joinery units, and raw cement ceilings. The centerpiece of each home is the open-plan kitchen, equipped with Miele appliances.

[smartcode_project:default project_id=5366 project_image_fid=61089]

Additional features include direct lift access to each apartment and three car stackers at the rear of the building to meet parking needs.

Strategically located, Duke Apartments is within walking distance of <a href="/developments/collingwood-vic-3066">Collingwood</a> Train Station and tram services on Victoria and Smith Streets, as well as the cafes, restaurants, and boutiques on Smith Street.

[smartcode_project_cta:default project_id=5366]

The Wellington Street development, currently under construction by Hamilton Marino, is expected to be completed by the end of 2024

Duke Apartments: Collingwood's only full-floor apartment development

Samuel Property went beyond well-designed homes in its newest&nbsp;Melbourne apartment development, offering its future Louise residents exclusive amenities for a convenient, social, and active lifestyle.

If residents are not out running around Albert Park Lake, they can get their cardio workout in the comfort of the well-equipped gym or the skylight-illuminated private pool on the ground floor.

True to the building’s biophilic design philosophy, the presence of water helps reduce stress and improve health and wellbeing.

Residents can also simply relax in the steam room or enjoy a massage from the in-house spa.

[smartcode_project:default project_id=112174 project_image_fid=199597]

When entertaining family and friends, residents can book the dining room with a fully-equipped kitchen or use the private lounge area for informal gatherings.&nbsp;

The private lounge and adjacent dining room provide a flexible venue for hosting drinks, games nights, or special occasions with friends and family.

An outdoor terrace, beautifully landscaped, wraps around the communal areas.

[smartcode_project:default project_id=112174 project_image_fid=199599]

Designed by <a href="/architects/cera-stribley-architects">Cera Stribley</a>, <a href="/new-apartments/louise-melbourne-8-louise-street-melbourne">Louise</a> will feature 88 apartments, ranging from one to four bedrooms, with one-bedroom apartments starting at just under $600,000.

The initial number of apartments set to be delivered has been slightly adjusted as a result of many buyers choosing to amalgamate multiple floor plans, creating unique spaces tailored to their individual preferences.

Over 70 per cent of the Louise apartments have already been snapped up. Downsizers have made up a majority of the buyers so far, with many seeking the convenience of a lock-and-leave lifestyle that the apartments offer.&nbsp;

Moments from Louise, the leafy St Kilda Road is lined with tram routes to the city, less than five kilometres away, with stops at various arts and cultural destinations.

The 16-level Louise is currently under construction by the renowned builder <a href="/builders/hamilton-marino">Hamilton Marino</a>, which is on track to complete Louise in late 2025.

[smartcode_project_cta:default project_id=112174]

Designed by Cera Stribley, Louise will feature 88 apartments, ranging from one to four bedrooms

mikah.m@urban.com.au

The extensive amenity at Louise, Melbourne new apartments

Building approvals for new homes increased by 5.5 per cent in May 2024, data from the Australian Bureau of Statistics showed.

While an upswing, predominantly led by Western Australia, there have only been&nbsp;163,760 total dwelling approvals over the most recent 12 months to May 2024, well below the 240,000 new homes needed each year from 1 July 2024 to achieve National Cabinet’s goal.

Approvals in the three months to May 2024 are down by 1.5 per cent compared to the same period in the previous year.

HIA Chief Economist Tim Reardon said the low approvals numbers indicate a slow start to building 1.2 million homes over the next five years. 
&nbsp; 
“Increasing the number of homes built will be necessary to address longstanding housing shortages," Reardon said. 
&nbsp; 
“Addressing tax, planning, land and regulatory constraints will be necessary to increasing the supply of homes in Australia."

Some 14,180 residential building approvals came in May, 9,260 of which were for detached houses and 4,920 for multi-units.

Multi-unit approvals increased by 14.3 per cent in May from very low levels in recent months. Over the three months to May 2024, multi-unit approvals remain 19.1 per cent lower than in the same period in the previous year.

Western Australia led the way in approvals. In the three months to May, WA approvals were up 51.1 per cent compared to the same period 12 months ago. They were followed by Victoria (+10 per cent).

New South Wales saw the second largest decline (-21.6 per cent) only behind the Northern Territoy (-34.3 per cent), while South Australia (-6 per cent) and Queensland (-4.8 per cent), saw modest drop offs.

UDIA NSW CEO, Stuart Ayres, says the 43,000 approvals in NSW are an early warning sign that Minns Government has a lot more to do.”&nbsp;

“Housing approvals are the canary in the coalmine and today’s data shows NSW is not refilling the pipeline of housing with enough approvals, which will make it difficult to achieve our state’s ambitious housing target of 75,600 a year and today’s data revealed that, day-by-day, that goal is getting more difficult to realise," Ayres said.

"This pressure is being felt across the whole state, and across all typologies."

Home building approvals way off the pace, but increase from decade-low levels in May

Multi Master Builders Victoria award-winner,&nbsp;Brompton Construction, has officially commenced construction on Abadeen's Malvern East apartment development, Malea.

<a href="/new-apartments/malea-94-burke-road-malvern-east">Maléa</a> will bring seven luxury apartments to this sought-after area.

[smartcode_project:default project_id=141969 project_image_fid=222388]

&nbsp;

“<a href="/developers/abadeen-group">Abadeen</a>&nbsp;chose Maléa because of its incredible location opposite Central Park in the beating heart of&nbsp;<a href="/developments/malvern-east-vic-3145">Malvern East</a>," Andrew Leoncelli, who runs Abadeen's Victoria arm, says.

"We are committed to delivering a project of exceptional quality in this dynamic and thriving community across from one of the great heritage parks moments from all the very best that&nbsp;<a href="/developments/melbourne-vic" target="">Melbourne</a>&nbsp;has to offer."

[smartcode_project:default project_id=141969 project_image_fid=222389]

&nbsp;

Designed by <a href="/architects/ewert-leaf">Ewert Leaf</a>, Malea focuses on maximising the garden-centric atmosphere characteristic of Malvern East.

The development is targeting a 6.5-Star Green Energy Rating and will feature three garden terraces designed by <a href="/landscape-architect/john-patrick-landscape-architects">John Patrick and Associates</a>, promoting an indoor-outdoor living environment.

[smartcode_project:default project_id=141969 project_image_fid=222406]

<a href="/new-apartments/malea-94-burke-road-malvern-east">Maléa</a>&nbsp;is strategically located within walking distance of the vibrant <a href="/developments/malvern-east-vic-3145">Malvern East</a> village, providing residents with easy access to local amenities and community hubs.

<a href="/builders/brompton-construction">Brompton Construction</a>&nbsp;is expecting to complete the building in late 2025.

[smartcode_project_cta:default project_id=141969]

Brompton Construction is expecting to complete Maléa in late 2025.



Abadeen break ground Malvern East apartment development, Maléa

Salter Brothers' latest development, <a href="/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe">Candela</a><a>&nbsp;Ivanhoe</a>, is set to bring a range of lifestyle amenities to the heritage-rich suburb of <a href="/developments/ivanhoe-vic-3079">Ivanhoe</a> in Melbourne.&nbsp;

Designed by architect <a href="/architects/john-demos-architects">John Demos</a> and interior designer <a href="/interior-designers/kathy-demos">Kathy Demos</a>, <a>Candela Ivanhoe</a> offers 62 smart and flexible apartments across six light-filled levels, designed to suit all purchasers whether they be downsizers, first home buyers, couples, or families.

[smartcode_project:default project_id=342 project_image_fid=206559]

Beyond the private living spaces, <a href="/developers/salter-brothers">Salter Brothers</a> has integrated several community-oriented and environmentally-friendly features.

Starting on the ground floor is Candela’s providore and in-house café, providing residents with convenient access to artisan food and barista-quality coffee.

[smartcode_project:default project_id=342 project_image_fid=169539]

The cafe doubles up as a wine bar to become a great meeting spot for anytime of the day.

Fitness enthusiasts can participate in exercise classes on the rooftop garden or simply lounge around with neighbours in the alfresco atrium.

[smartcode_project:default project_id=342 project_image_fid=169534]

Salter Brothers has also incorporated a range of initiatives to promote energy efficiency, harness renewable energy, and create a community that prioritises the environment.

The installation of double-glazed windows and a 25kW solar array on the rooftop has earned the development a remarkable 7-star NatHERS average energy rating, surpassing the 6-star energy rating average.

Rainwater tanks are also strategically placed to collect water for reuse in toilet flushing and irrigation.

This not only benefits the environment but also significantly reduces the Owner’s Corporation costs, making sustainable living accessible to all.

[smartcode_project:default project_id=342 project_image_fid=169551]

Candela Ivanhoe will be situated just a six-minute walk from Ivanhoe Station, in a prime location with a walk score of 90/100.

Residents will enjoy convenient in-building amenities and easy access to local amenities, including nearby parks, restaurants, and prestigious schools.

[smartcode_project_cta:default project_id=342]

The cafe doubles up as a wine bar to become a great meeting spot for anytime of the day.

Crossaints, coffee and chardonnay: The doorstep amenity at Candela Ivanhoe

Hawthorn East is set to welcome a rare new apartment development with plans submitted to the Booroondora Council for a mixed-use building at 775 Toorak Road.

The $4.5 million plans, put forward by&nbsp;development management firm&nbsp;<a href="/developers/gaage-developments">GAAGE Developments</a>, are for a new six-level building with 22 one, two and three-bedroom apartments above two street-level retail spaces and one office tenancy.

The new building will replace a single-level, red brick home that dates back to the early 1960s, as well as two outbuildings.

Kings Lane Architects has designed the building with a combination of render and textured ribbed concrete finish, neutral earthy tones and extensive glazing.

<img alt="Toorak Road" data-entity-type="file" data-entity-uuid="fe749224-2e0c-42d5-98e0-fd000a9d1ad6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-06-19%20at%2010.23.51%E2%80%AFAM.png?VersionId=Bs4rpXODNUex8KKmrQyVJHDLcm4QWbfu" />

There will be five dwellings on each of the first to fourth floors, designed to optimise daylight access.&nbsp;

The sixth floor will house two larger apartments: a two-bedroom unit with a south-facing balcony and a three-bedroom plus study unit with a northeast-facing balcony.&nbsp;

The rooftop will offer a 94 sqm communal open space.

The development will also feature three commercial tenancies on the ground floor, two with frontages on Toorak Road and one accessed from the building’s central core.&nbsp;

<img alt="Toorak Road" data-entity-type="file" data-entity-uuid="3b603ef7-ea9e-4e45-94cb-e62a459d724b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-06-19%20at%2010.24.01%E2%80%AFAM.png?VersionId=PWY5C8c8hEdW3u3TWErQhrv8FrLeW1cq" />

Parking will be provided in a two-level basement, accommodating up to 34 vehicles, including two visitor spaces, through a mix of single spaces and double vehicle stackers.&nbsp;

The basement will also include individual storage lockers for residents and a bicycle parking room with space for 26 bicycles using a Ned Kelly rack storage system.

Residents will have easy access to nearby local amenities, including Cato Park and Gardiners Creek Trail within a 300-metre radius, and several educational institutions such as Balwyn College, Auburn High School, and Auburn Primary School within 800 metres north of the <a href="/developments/hawthorn-east-vic-3123">Hawthorn East</a>&nbsp;project.&nbsp;

First look: New apartments set for Toorak Road, Hawthorn East

Victoria's state government has outlined draft housing targets to address the growing demand for housing across the region, setting a goal of constructing 2.5 million new homes by 2051.&nbsp;

These targets are part of Plan Victoria, a new strategy set to supersede the 2017 Plan <a href="/developments/melbourne-vic">Melbourne</a>.&nbsp;

The announcement comes amidst broader national housing challenges, particularly in Victoria, which has the largest annual population growth of all Australian states.

Plan Victoria emphasises local government involvement to unlock space for new homes, propose changes to local planning rules, and address infrastructure needs.&nbsp;

"We want to work in partnership with councils to build more homes in the areas where people want to live – close to the people they love and the things they love to do," Planning Minister Sonya Kilkenny said.&nbsp;

Premier Jacinta Allan said “To give industry the confidence they need to get on and build, we need Government and all councils working towards the same goal: more homes for Victorians – in the right places.”

Victoria's Housing Statement includes an ambitious plan to build 800,000 homes over the next decade in an Affordability Partnership with industry.&nbsp;

The plan includes reforming Victoria’s planning system to boost housing supply across the state, clearing the backlog, and providing builders, buyers, and renovators with certainty about approval times.

Additionally, it aims to close loopholes that drive up the cost of living for renters, providing more certainty over leases, living standards, and finances, and resolving tenancy disputes more quickly.

The government is also committed to building more social and affordable homes across Victoria, launching Australia’s biggest urban renewal project on top of the Big Housing Build.&nbsp;

As part of the effort to meet the target by 2051, a regional target has been set to build 425,600 of these homes across Victoria’s regions.

Key areas such as Melbourne's Central Business District (CBD), outer suburbs, and the regional city of <a href="/developments/geelong-vic-3220">Geelong</a> will play pivotal roles in meeting these goals.&nbsp;

Geelong, Victoria's second-largest city, has been set the highest target with 139,800 new homes proposed by 2051, more than double the 127,300 homes currently in Geelong.

The City of Melbourne, which includes the CBD and suburbs like <a href="/developments/carlton-vic-3053">Carlton</a>, <a href="/developments/flemington-vic-3031">Flemington</a>, <a href="/developments/kensington-vic-3031">Kensington</a>, <a href="/developments/north-melbourne-vic-3051">North Melbourne</a>, and <a href="/developments/south-yarra-vic-3141">South Yarra</a>, follows with a target of 134,000 new homes, up from the 110,100 currently.&nbsp;

The <a href="/developments/melton-vic-3337">Melton</a> LGA, situated about 40 kilometres west of Melbourne’s CBD, is third with a proposed target of 132,000 new homes. This area had about 69,000 homes in 2013 and is one of the fastest-growing municipalities, boasting a 6.6 per cent annual population growth.

Other growing outer suburban LGAs are also set high targets. Wyndham in the southwest is targeted for 120,000 new homes, Casey in the southeast for 104,000, and Hume in the northwest for 98,000.&nbsp;

The government emphasises the need for more homes in established suburbs, setting a combined target of 72,000 new homes in Darebin, Merri-Bek, and Monash.

Boroondara, identified by housing advocacy group Yimby Melbourne as the most in-demand LGA with significant growth capacity, has set a target of 67,000 new homes.&nbsp;

Kingston, benefiting from its proximity to the Suburban Rail Loop project, has set a target of 59,000 new homes.

The government's investments in skills, training, and infrastructure such as schools, hospitals, and transport will support this growing population.

Victoria's Housing Statement includes an ambitious plan to build 800,000 homes over the next decade in an Affordability Partnership with industry

VIC Government target 2.5 million new homes by 2051: Which regions will benefit the most

The value of units in Melbourne continued to outstrip the growth of the house market in the Victoria capital in May.

CoreLogic's Monthly Hedonic Index found unit values (which incorporates apartments and townhouses), rose 0.3 per cent, compared to flat house market.

Melbourne's median unit value is now pegged at $614,000 after rolling quarterly growth of 0.3 per cent, while the house market has dipped -0.5 per cent over the same period

<h2>What happened in Melbourne’s off the plan apartment market in May</h2>

There was significant progress at several major developments across Melbourne in May.

Privately-owned developer <a href="/developers/sunkin-property-group">Sunkin Property Group</a> formally appointed <a href="/builders/sk-construction">SK Construction</a> to deliver its $600 million Highett Common project in Melbourne’s bayside.

[smartcode_project:default project_id=108019 project_image_fid=212658]

The 9.3ha&nbsp;<a href="/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common</a>&nbsp;will be delivered over multiple stages during the next five years. The $70 million stage one construction program, which began this month, aims to complete 167 new apartments by late 2025.&nbsp;

By 2029, Sunkin anticipates the delivery of over 1000 new apartments and townhouses across the entire project.

[smartcode_project:default project_id=136451 project_image_fid=277194]

One of Melbourne's most recently launched developments, Beulah's Brunswick townhouse development <a href="/new-townhouses/brunswick-established-23-hodgson-st-brunswick-vic-3056">Brunswick Established</a>, secured $32.5 million worth of sales at its May launch.

Brunswick Established comprises 23 two-storey townhouses and has become one of the fastest-selling projects in <a href="/developments/brunswick-vic-3056">Brunswick</a>. Its design focuses on sustainability and customizability, featuring Beulah’s ‘Tailored Living’ initiative.&nbsp;

The development is now 65 per cent sold, with two, three, and four-bedroom heritage townhomes priced from $1.444 million.

[smartcode_project:default project_id=4802 project_image_fid=217137]

Mirvac has seen interest at their nearby Brunswick apartment development, Prince &amp; Parade, particularly from the&nbsp;local owner-occupier market who work in the medical industry and academia.

Located near Princes Park, the development's proximity to local hospitals and prestigious universities like Melbourne University and RMIT has driven interest.&nbsp;

Mirvac’s reputation as an ASX-listed developer with a history of quality developments further boosted confidence in the project.

[smartcode_project:default project_id=4802 project_image_fid=267345]

Melbourne also saw several developments secure approval in May, the biggest being the 42-level tower at <a href="/new-apartments/623-collins-street-melbourne">623 Collins Street</a>&nbsp;by&nbsp;<a href="/developers/sterling-global">Sterling Global</a>.

The $520 million residential and lifestyle hotel development at <a href="/new-apartments/623-collins-street-melbourne">623 Collins Street</a>&nbsp;designed by <a href="/architects/carr-design">Carr Architects</a>&nbsp;will include 175 apartments above a 229-room hotel, occupying the heritage podium levels.&nbsp;

<img alt="Sterling Global’s $520 million Collins Street hotel and apartment development approved" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Collins%20Street%20Development%20front.jpg?VersionId=FM5q8t7ib4vFqfONMv17w6g82BKj5Zcf" />

The project will also offer 2,717 sqm of commercial space and a fine dining restaurant, enhancing lifestyle options for local workers, residents, and travellers.

National apartment developer <a href="/developers/sun-property-group">Sun Property Group</a>&nbsp;led the boutique market for approvals. They were signed off the deliver its second Melbourne project&nbsp;in the affluent <a href="/developments/toorak-vic-3142">Toorak</a> area.&nbsp;

&nbsp;<img alt="Sun Property Group secure approval for second Toorak apartment development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-03-26%20at%209.23.31%20am.png?VersionId=krHggdOiqZCTwsaD1MWoD3LkfnFZ6iN6" />

The new development at <a href="/new-apartments/226-228-williams-road-toorak">226-228 Williams Road</a> will feature 18 high-end apartments, 10 two-bedroom apartments, four three-bedroom apartments, and four penthouses.&nbsp;

The project, designed by <a href="/architects/cera-stribley-architects">Cera Stribley</a>, is situated near Hawksburn Train Station and the 59 Tram, and will include landscaping by <a href="/architects/jack-merlo">Jack Merlo</a>, retaining a prominent Smooth Bark Apple Tree on site.

Busy developer&nbsp;<a href="/developers/wickton">Wickton</a>&nbsp;were also approved for a small development, this one&nbsp;mixed-use and in the Hawksburn Village precinct, near South Yarra and Prahran.&nbsp;

The project at 387-403 Malvern Road will feature luxury apartments, strata offices, and ground-level retail, including premium hospitality spaces.&nbsp;Seven two and three-bedroom apartments will occupy the top two levels of the building.

City Beat June 2024: Melbourne units outperform houses for third straight month

OSK Property has appointed construction company Multiplex to deliver the next stage of their $3 billion Southbank precinct, Melbourne Square.

Multiplex,&nbsp;which also built the first two towers in Stage 1 of <a href="/buildings/melbourne-square-93-119-kavanagh-street-southbank">Melbourne Square</a>,&nbsp;broke ground on <a href="/new-apartments/blvd-at-melbourne-square-19-hoff-boulevard-southbank">BLVD</a>&nbsp;this week and&nbsp;will now commence construction of the 74-level tower. They're expecting to complete the building in Q1 2028.

The milestone comes just nine months after BLVD’s official launch in October 2023.&nbsp;

Having achieved over 50 per cent of sales, construction commencing at BLVD marks another significant moment for Melbourne Square which has already enhanced the Southbank precinct with publicly accessible amenities like a 3,745 sqm park, full-line Woolworths supermarket, an early learning centre and a growing range of retail destinations.

[smartcode_project:default project_id=107714 project_image_fid=227201]

BLVD will deliver much-needed residential stock to <a href="/developments/southbank-vic-3006">Southbank</a>, bringing together 602 residences and offering a host of amenities including private dining rooms, state-of-the-art gyms, a 25m indoor swimming pool, spa, sauna, golf simulator, entertainment and lounge spaces, and a double-storey co-working area on levels 55 and 56.&nbsp;

Beyond its architectural grandeur, BLVD embodies a commitment to sustainability and well-being, &nbsp;featuring carbon-neutral operation-enabled residences, gas-free design, EV charging stations, a zen garden, other premium resident amenities, and design that’s focused on improving the health and &nbsp;wellness of residents.&nbsp;

It is also in pre-registration to pursue WELL Certification – a rating system that certifies a building’s &nbsp;impact on health and wellbeing, and that demonstrates industry excellence in meeting stringent &nbsp;sustainability goals.&nbsp;

[smartcode_project:default project_id=107714 project_image_fid=214122]

“The BLVD groundbreaking represents a major milestone for the Melbourne Square precinct, which has two existing towers and will also feature a build-to-rent tower alongside the build-to-sell residences”, says OSK Group Executive Chairman, Tan Sri Ong Leong Huat.&nbsp;

"Commencing construction represents the culmination of a team effort between OSK Property and our project partners and our unwavering commitment to BLVD and the entire Melbourne Square precinct.

“We extend our heartfelt gratitude to our dedicated staff, esteemed project partners, and diligent sales agents for their incredible work across BLVD to date, and are looking forward to seeing this tower come to life."

Multiplex Regional Managing Director of Victoria and South Australia, Ross Snowball, said Multiplex is proud to be partnering with OSK once again on the Melbourne Square precinct, one of Australia’s largest and most exciting development projects.&nbsp;

“After delivering the first two towers, we are excited to deliver the third tower, BLVD - continuing the same community legacy we started back in 2017," Snowball said.

“Seven years later there is nothing more rewarding than being part of this precinct again, building a residential tower that will enhance our city from the ground up. What’s even more special is that some of those original team members will be back building BLVD."

[smartcode_project:default project_id=107714 project_image_fid=211874]

Attending the groundbreaking ceremony event in person, City of Melbourne Deputy Lord Mayor Nicholas Reece said this was a monumental moment for the city.

“Melbourne Square homes give residents access to all that we love about Southbank," Reece said.

“Arts institutions that are second to none. Proximity to the central city and to the beach – to the &nbsp;Botanic Gardens and, importantly, to community facilities already enjoyed by those who live in Southbank.&nbsp;

“BLVD will be a transformational development for Melbourne’s CBD, adding critical housing stock to the market as well as important residential and local amenities."

<a href="/developers/osk-property">OSK Property</a> and Multiplex celebrated the groundbreaking with a ceremony hosted on-site, which brought together key stakeholders, OSK Property personnel and the Multiplex team.&nbsp;

Elsewhere in Melbourne Square, OSK Property <a href="/news/vic/osk-property-commission-led-artwork-at-2-8-billion-melbourne-square-precinct">recently unveiled ‘Guardian Lion’ by Troy Emery</a>. The development’s newest captivating public art installation set to grace the skies of Melbourne later this year. &nbsp;

[smartcode_project_cta:default project_id=107714]

OSK Property and Multiplex celebrated the groundbreaking with a ceremony hosted on-site, which brought together key stakeholders, OSK Property personnel and the Multiplex team.

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