There’s a quiet patch of <a href="https://www.apartments.com.au/developments/hawthorn-vic-3122">Hawthorn</a>, between the bustle of Glenferrie Road and the curve of the Yarra, that rarely sees change, and even more rarely, new apartments. But that’s exactly where <a href="https://www.apartments.com.au/developers/pomeroy-pacific-quattro-corp">PQD</a> is planting Kooyongkoot: a deliberate, 18-residence answer to the question of what downsizers actually want.

“This is something this pocket of Hawthorn has never seen before,” says Fil Gacesa, head of sales at PQD. “<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a> will deliver just 18 large-scale apartments in the heart of Hawthorn. It is the true definition of resort-style living.”

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That scale is central to the story. It’s what allows for two dedicated lift cores, short corridors, and a generous lightcourt that draws natural ventilation and sunlight into every residence. It’s also what makes room for the sort of amenity usually confined to high-density towers: a fully equipped wellness centre with infrared and traditional saunas, yoga and pilates studio, cold therapy shower, and treatment room. There’s a golf simulator, car and dog wash stations, and extensive storage too, not bolted on, but baked in from the start.

But more than the checklist, it’s the design intent that carries weight. “This project has been many years in the making,” says Mark Pomeroy, Director of PQD. “Not just in planning, but in listening, to what our buyers and the local community are looking for”.

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That listening shows up in the materials, oak floors, natural stone, V-ZUG appliances, and in how space is handled. Penthouses feature private rooftop terraces with pools. Terraces and garden residences embrace outdoor connection. Inside, the layouts skew large and open, geared for hosting, not just housing.

Architecturally, <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>’s approach is grounded. There’s no reaching for spectacle here. Instead, the building offers a sculptural calm, anchored by landscaping from Eckersley Garden Architecture.&nbsp;

“We wanted to create spaces that feel expansive, serene, and meaningfully connected to daily life,” said founding partner Chris Stribley elsewhere.

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That sentiment, calm, connection, echoes in the location itself. Kooyongkoot sits just a short stroll from Central Gardens, Fairview Park, and the Rivoli Cinema. Tram lines and schools are close, but the street is tucked, quiet, and leaf-lined.&nbsp;

“Residents of Kooyongkoot will be a short stroll from Fairview Park, Central Gardens, and the Glenferrie Road retail strip," Gacesa notes, "but you're also cocooned in this peaceful pocket behind extensive landscaping by Eckersley Garden Architecture.”

Kooyongkoot is set for completion in late 2026.

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Staff Writer

The project that said no to compromise: Inside Kooyongkoot, Hawthorn

When long-time Ivanhoe locals Graeme and Catherine, decided it was time to downsize, they weren’t necessarily in a rush.&nbsp;

Like many in their stage of life, they had started thinking about apartment living, but anticipated making the shift in two to three years.

That timeline changed when they visited <a href="https://www.urban.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe">Candela</a>, a new boutique development by <a href="https://www.urban.com.au/developers/salter-brothers">Salter Brothers</a>. The project ticked all the boxes they were looking for: location, quality design, and long-term lifestyle benefits, which prompted them to bring their decision forward.

“It was the right place at the right time,” they said. “We knew immediately it ticked all the boxes, and we didn’t want to wait.”

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Their decision to downsize was driven by a combination of practical needs and lifestyle considerations. Their existing home, while much loved, had become increasingly difficult to maintain. It spanned multiple levels, included extensive front and back gardens, and was starting to show the wear that comes with age.&nbsp;

They were looking for a more manageable lifestyle, one with less upkeep and more freedom. A brand-new apartment with no maintenance requirements and the ability to simply “lock up and leave” gave them peace of mind and a greater sense of control over their future.

Financially, the purchase made sense as well. The available stamp duty savings, strong price-to-value offering, and timing of the settlement suited their plans, making the transition smoother and more cost-effective. The apartment's design and inclusions further supported their choice.

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The layout was both functional and flexible: three bedrooms, a butler’s pantry, a separate laundry, and a large open-plan living area. It gave them the freedom to host a family, accommodate guests, or set up a home office. The expansive balcony and elevated views added to the appeal, providing a sense of openness and connection to the outdoors.

“It just had a really good flow,” Catherine noted, something they found lacking in many other apartments they’d considered, particularly in the established market.

Candela’s boutique scale was another deciding factor. With a smaller number of residences and a top-floor penthouse position, the couple felt the development offered the privacy and space they were looking for, without feeling isolated.

“We liked that it wasn’t a huge development. It felt well-balanced, modern but still with a sense of community, not overwhelming,” they said.

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Equally important was the ability to remain in Ivanhoe, a suburb they know well and have deep roots in. After 46 years in the area, proximity to local parks, shops, and familiar faces mattered just as much as the apartment itself.

“We didn’t want to give up the community we’ve known for decades. Candela allowed us to upgrade our lifestyle while staying in the place we call home.”

With a Walk Score of 90, the village location supports a convenient, connected lifestyle. <a href="https://www.apartments.com.au/developments/ivanhoe-vic-3079">Ivanhoe</a> Station is just a eight-minute walk away, and the neighbourhood offers access to parks, cafes, restaurants, and schools along Upper Heidelberg Road, all within easy reach.

Beyond the apartment, the couple also saw value in the broader vision for Candela, one that integrates residential living with public spaces and local amenities.&nbsp;

The development introduces 58 new apartments as well as a mix of commercial and social spaces that integrate contemporary architecture with the suburb’s existing character.&nbsp;

At ground level, residents will find a charming café and a lifestyle wellness centre, perfect for unwinding and rejuvenating. Meanwhile, the rooftop garden offers a stunning vantage point for residents to enjoy breathtaking sunsets, host gatherings, or enjoy barbecues with family and friends. It's not just a place to live; it's a vibrant community where every moment is an opportunity to connect and create lasting memories.

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Why Ivanhoe locals are choosing to downsize to Candela

Mark and Roy Makari are expanding their presence in Sydney’s South West with a second major proposal for Leppington, this time envisioning a 900-dwelling mixed-use development just 850 metres from their previously lodged tower trio on Fifth Avenue.

Project management and construction management firm Creative Vision filed the plans for the&nbsp;multi-building project at <a href="https://www.apartments.com.au/new-apartments/230-rickard-road-leppington-nsw-2179">230 Rickard Road, Leppington</a>. The proposal seeks to establish a new focal point for the precinct through a high-density, transit-oriented development supported by diverse land uses.

According to the Scoping Report prepared for the Department of Planning, the scheme includes around 900 apartments across multiple towers, including 135 dwellings designated for affordable housing. A mix of market and subsidised apartments will be supported by ground-level activation through retail and office space, a childcare centre, and a hotel, forming a comprehensive urban precinct.

<img alt="Mixed Use Development 230 Rickard Rd Leppington" data-entity-type="file" data-entity-uuid="34797362-f3dc-4d84-8235-2657fc5f3bde" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Plan.png?VersionId=Uzckrz9tUpDQl5lX1_WMhjnv16bsr8wG" />

The Design Report by <a href="https://www.apartments.com.au/architects/studiosc-0">Studio SC</a> notes that the project “intends to deliver a high-quality, high-density built form that supports the vision for the Leppington Town Centre, integrating mixed-use outcomes and public domain upgrades.” The development is expected to be delivered in stages, although a precise timeline is yet to be confirmed.

The project will be assessed through a future State Significant Development Application, with the Scoping Report indicating the team will seek design excellence via a competitive process or through an expert design review panel. Early massing diagrams suggest a series of mid- to high-rise buildings framing a central landscaped spine, with emphasis on pedestrian permeability and public space.

The planning documentation flags a strong sustainability agenda, stating that the development will “respond to the urban heat island effect, incorporate water sensitive urban design, and prioritise active transport”.

<img alt="Mixed Use Development 230 Rickard Rd Leppington" data-entity-type="file" data-entity-uuid="369d7b54-1279-4cde-88ec-dcb215594414" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Podium_1.png?VersionId=QArL7B2kkLt63vl5xvL0FNV_ardAlez4" />

The proposal follows in the footsteps of the Makaris’ nearby Fifth Avenue site, where they’ve submitted plans for three towers comprising nearly 500 apartments, with 10 per cent dedicated to affordable housing. That project features commercial podiums, a childcare centre, and a new public park that would occupy more than a third of the site.

Both developments are situated within walking distance of Leppington Train Station and fall under strategic precinct plans promoting higher density housing. The town centre is undergoing substantial transformation, driven by state government planning reforms aimed at fast-tracking housing delivery.

Together, the two projects represent a combined ambition of nearly 1,400 new homes across just under two kilometres of central Leppington.

First look: 900-home mixed-use precinct planned for Leppington

Leading Australian integrated property development group, <a href="https://www.apartments.com.au/developers/aqualand-australia">Aqualand</a>, has released the signature penthouses crowning its landmark AURA by Aqualand precinct at 168 Walker Street in North Sydney, unveiling Il Magnate and La Divina as the largest and most luxurious penthouses in the suburb.

With prices anticipated to commence from $15 million, and each accompanied by a new Porsche Carrera 911 valued at over $500K, the residences mark the culmination of <a href="https://www.apartments.com.au/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a>’s decade-long journey and the beginning of its final sales chapter. 
&nbsp; 
Their release follows more than $850 million in record-breaking residential sales and the building’s completion and occupation.

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The Richards Stanisich-designed 284 sqm Il Magnate and 224 sqm La Divina penthouses, collectively known as The Icons of AURA, are conceived as grand luxury homes rather than apartments, with expansive proportions, elevated materiality and curated identities that reflect their status as one-off residences.&nbsp;

Il Magnate features a grande master suite, complete with substantial walk-in dressing area and ensuite, three other bedrooms, second ensuite and another bathroom, powder room, open plan kitchen, scullery, substantial dining area and generous living room divided by a feature fireplace, and a multifunction wintergarden, which is ideal for a study and adjoining office breakout space. &nbsp;

Meanwhile, the La Divina residence offers the same amenities, sans the powder room, on a slightly smaller alternate floor plan configuration.

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Each occupies half of AURA by Aqualand’s topmost 28th level, comes with four secure car spaces and pairs sweeping Sydney Harbour panoramas with large-scale living spaces, refined detailing and a level of craftsmanship and amenity rarely offered in the North Shore market.&nbsp;

Penthouse residents will also receive Etymon’s ‘Black Key’ private concierge and lifestyle management service, an invitation only offering providing the ultimate in bespoke personalisation, including a range of everyday discrete services, from dinner party management, grocery deliveries, pet feeding or plants watered, dinners, snacks and coffee deliveries, event ticket sourcing, right up to organising travel visas and international airfares. Rarely seen in Australian properties, the service provides residents the benefits of living in a world-class luxury hotel-style home, akin to The Ritz, or the Waldorf Astoria.

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<a href="https://www.apartments.com.au/interior-designers/richards-stanisich">Richards Stanisich</a>’s Director, Kirsten Stanisich, said the studio set out to craft residences that feel profoundly considered, contemporary and deeply connected to their setting.

“From the outset, we approached these penthouses with the sensibility of a grand Parisian residence - generous in scale, elegant in proportion and designed to feel more like a handcrafted home than an apartment," Stanisich said.

“Their elevated position and sweeping harbour outlook informed every decision, creating a rare connection between urban sophistication and natural calm. We shaped each space with expressive materiality, sculptural forms and bespoke detailing that invite touch and interaction.&nbsp;

“The result is a pair of residences defined by volume, light and an inherent softness - refined, flexible and deeply personal. These penthouses are unlike anything else in North Sydney, offering a sanctuary of true luxury framed by some of the city’s most remarkable views.”

For Aqualand’s Head of Sales &amp; Marketing, Alex Adams, the collaboration with Porsche underscores the shared ethos behind the residences.

“Aqualand’s collaboration with Porsche underpins both brand’s sharing an obsession with craftsmanship, design excellence, and enduring value," Adams said.

“Our penthouses are created for those who appreciate the finer details and expect the extraordinary at every touchpoint. Including a Porsche simply extends that experience beyond the residence - it’s a continuation of the lifestyle our buyers already live.”&nbsp;

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Aqualand’s Managing Director, Jin Lin, said the penthouses represent both the pinnacle of AURA by Aqualand and an important design benchmark for the company’s future pipeline.&nbsp;

“These stunning penthouses reflect the purest expression of Aqualand’s design ambition," Lin said.

“The unparalleled design intent makes them not only the glistening crown of AURA by Aqualand, but the crown of North Sydney itself. They’re essentially a thank you gift to a burgeoning community that deserves this level of quality and architectural consideration.&nbsp;

“We’re leveraging the unrivalled standard set here as the foundation for what comes next, including our upcoming Anderson Street, Chatswood; 15 Blue Street, North Sydney and Central Barangaroo projects. Purchasers of these penthouses will essentially be living inside the blueprint of Aqualand’s future.

“These landmark residences demonstrate how far North Sydney has evolved and the strength of demand for highly curated, bespoke luxury homes. They’re more than penthouses, they’re legacy residences.&nbsp;

“With AURA by Aqualand now a thriving new precinct with residents well and truly settled, and our in-house world-class lifestyle amenity activated, Il Magnate and La Divina represent a once-in-a-lifetime opportunity to secure an extraordinary piece of North Sydney’s future.”

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Joel Robinson

Aqualand launches North Sydney penthouses with free Porsche Carrera 911

<a href="https://www.apartments.com.au/developments/bokarina-qld-4575">Bokarina</a> Beach has quietly evolved into one of the Sunshine Coast’s most complete coastal lifestyle precincts, defined not just by proximity to the ocean, but by how residential living, local retail and everyday amenity are stitched together.&nbsp;

Gardner Vaughan Group’s <a href="https://www.apartments.com.au/new-apartments/bask-bokarina-38-bokarina-boulevard-bokarina-qld-4575">Bask Bokarina</a> now represents the final residential chapter in that transformation.

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Over recent years, the Bokarina Beach precinct has taken shape as a walkable, community-oriented neighbourhood, anchored by beachfront access, Lake Kawana to the west, and a growing mix of cafés, specialty retail and public open space.&nbsp;

With Zinc Bokarina already delivered next door by <a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> (GVG), Bask is the last opportunity to buy a brand new apartment within the precinct, effectively rounding out a fully formed coastal village.

GVG has positioned Bask to strengthen that lifestyle framework. Ten ground-floor retail spaces are planned beneath the residences, extending Bokarina Boulevard’s existing activity and reinforcing the area’s everyday convenience, from casual dining and coffee to local services, within a short walk of the beach.

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The residential component comprises 135 apartments across two buildings, Mydas and Caretta, with a clear shift toward larger three- and four-bedroom layouts and penthouses. That mix reflects a maturing buyer profile in Bokarina, where demand is increasingly led by owner-occupiers and active downsizers seeking space, permanence, and connection to place rather than short-term coastal accommodation.

Design and amenity have followed the same logic. Residents will have access to a heated plunge pool, gym, private dining room with a full kitchen, landscaped communal gardens with barbecues and a firepit, and a shared herb and vegetable garden, facilities intended to support daily use rather than resort-style turnover. Pet-friendly features, including a dog wash bay, acknowledge both buyer expectations and the area’s dog-friendly beach, located around 250 metres from the site.

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“Bokarina has become one of the Sunshine Coast’s most desirable beachside communities, and Bask represents the very last chance to buy new in this location,” GVG Director Sam Gardner said.&nbsp;

“Our focus has been to create spacious, functional apartments that meet the needs of locals who want to downsize without compromise, as well as those seeking a full-time coastal retreat.”

Positioned between the Pacific Ocean and Lake Kawana, Bask apartments have been oriented to capture outlooks toward the water or the Glass House Mountains, reinforcing the project’s connection to its natural surroundings. With parks, beachfront paths, hospitals, retail and public transport already in place, Bask arrives at a point where the broader precinct is no longer emerging, but established.

Construction is expected to complete in Q3 this year, with apartments ready to move into this Spring.

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Bask to complete Bokarina’s Sunshine Coast lifestyle precinct as final apartments are released

Moonee Valley

Hamton’s Moonee Valley project, Stonepine House, is a sanctuary enveloped by greenery and enlivened by an amenity-rich offering, marking itself as one of Melbourne’s most exciting new urban precincts.

Created in collaboration with some of Australia’s best-in-class industry pioneers, the project prioritises nature, wellbeing and community, with a collection of 119 apartments.

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As the next evolution of the Moonee Valley Park precinct, Stonepine House introduces one, two, and three-bedroom residences, with the apartments enjoying a privileged position, surrounded by the area’s curated botanical landscapes.

Considered architecture by Rothelowman is elegant and restrained, with a base of open colonnades and brickwork connecting the building to the ground, while sharing identity with the location’s period homes and townhouses.

Residents will arrive in style, with a dedicated porte cochere, providing Stonepine House with an elegantly designed forecourt, echoing a luxury hotel arrival experience.

The apartment interiors at Stonepine House have been designed by Carr, one of Australia’s most awarded names in design.

Each residence captures the essence of the botanical environment, designed entirely with lifestyle in mind, with interior spaces aligning function with aesthetics.

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With each arrival, life’s necessities are stored out of sight in the welcome zone, which acts as a place to charge your phone, and store your keys, bags, and shoes, upon arrival.

A selection of floorplans are offered for different lifestyle requirements across Stonepine House, with a choice between The House Residences and The Grand Residences.

The House Residences open to serene green views, with the Grand Residences across the upper levels enjoying outlooks across leafy canopies.

Textures of timber, stone and brushed metal are applied in refined ways, with the option to select appliances and material palettes in light contemporary tones, or classic dark hues, providing buyers the opportunity to curate a unique space.

Sunlight floods in through expansive windows and apertures, while the layouts allow an unobstructed flow of light to permeate and accentuate the inherent quality of the materials.

The kitchen is a sculptural focal point and an inviting area to entertain or gather in the apartments. Engineered stone wraps around the counter height bench in a waterfall design, with the splashback and adjacent benchtop providing the kitchen with an elegant sense of flow.

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Walls of seamless joinery are understated to conceal the working elements of the space, with select apartments enjoying an additional walk-in pantry, with a suite of appliances, including a fully-integrated dishwasher, oven and cooktop standard.

The two and three-bedroom residences at Stonepine House enjoy additional bedrooms as versatile spaces that can be customised to the buyers needs, with the space offering flexibility for modern living requirements.

With the inclusion of a study in select apartments, these spaces provide flexibility and liveability for work or relaxation.

Bathrooms are an expression of tranquillity within The House Residences, with clean contemporary lines enlivened by organic surfaces, with the bathing space fitted with an overhead shower.

Each bedroom is open yet intimate, with a luxurious aesthetic achieved through scale and tactile appeal. Tonal grey carpets create a textural balance against the smooth, white surfaces, while green vistas lend a cocooning sense of sanctuary.

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The Grand Residences’ architecture accommodates multiple aspects, with wrap-around terraces to some homes.

Residents will enjoy sweeping views, moments of dappled light and immersion in greenery whilst interacting with nature.

Across the living areas, rich, textural timbers are juxtaposed with metal accents.

Carr’s neutral palette, gallery-like walls and open shelving provides a high level of personalisation for residents to articulate their unique taste and style, while the oak timber floorboards bring depth and warmth.

Central and spacious, the kitchens in The Grand Residences are designed to enhance the flow of daily life, with an island bench the focal point of the space.

The robust design gains movement from natural stone patterns that run across its surface, married with the kitchen’s neutral palette of tonal joinery and brushed metal, which extends through to the butler’s pantry, in select homes.

A range of premium Miele appliances are also standard, while recessed lighting adds warm ambience, highlighting the rich textures of the space.

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Natural light and views are an essential element of each private retreat, with many bedrooms featuring direct access to leafy terraces.

A harmony of light and fresh air was a focus in the design, complemented by carpet underfoot or optional engineered floorboard upgrades.

Master-suites reveal walk-in robes that are treated as large dressing rooms, fitted with concealed storage compartments.

Bathrooms feature luxurious detailing, with lighting touches highlighting natural textures and sculptural qualities, reflective, textured surfaces inspired by nature, and stone-finish walls and floors for an organic aesthetic. Oversized showers are finished with gunmetal grey or classic chrome showerheads, continuing the minimalist approach

The final release of apartments are now selling in Stonepine House, with a mix of one, two and three-bedroom floorplans remaining.&nbsp;

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Created in collaboration with some of the country's best-in-class industry pioneers, the project prioritises nature, wellbeing and community, with a collection of 119 apartments.



alisonwarters@gmail.com

Inside the Stonepine House residences

Sitting amongst the Moonee Valley neighbourhood trees, <a href="/new-apartments/stonepine-house-at-moonee-valley-park-kenna-street-moonee-ponds">Stonepine House at Moonee Valley Park </a>is engulfed in nature.

Award-winning landscape architects Tract, are behind the designs of the verdant green community, integrating a plant-filled eden around the building’s form. &nbsp;

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Set in one of Australia’s most vibrant new residential enclaves, surrounded by lush, expansive parklands, <a href="/new-apartments/stonepine-house-at-moonee-valley-park-kenna-street-moonee-ponds">Stonepine House is a unique urban sanctuary, enveloped by historic, native greenery, and set within an amenity-rich precinct by developers Hamton.</a>

As a model of biophilic design, Moonee Valley Park has transformed from a once green valley, into now an iconic racecourse, with homes set to be built within the botanical landscape. &nbsp;

Residents will experience the enhanced sense of wellbeing that comes with a lifestyle integrated within 20 hectares of curated green spaces, set to become the new social heart of Melbourne’s inner north.

Moonee Valley Park offers a series of nature-led, urban experiences within a connected 10-minute neighbourhood - where every convenience has been designed to be within walking distance from the homes.

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Since its unveiling in November 2020, Tote Park has established itself as a flourishing community space, with 5,000 sqm of dedicated green space.

Open grassy lawns, serpentine gardens, and a nature playground offer a host of play based amenities for families, in addition to the MV+ Program for community health and fitness.

Tote Park is the precursor to Moonee Valley Park’s considered design for amenities and programming that put residents’ health and wellbeing as the priority.

Overlooking the park is TOTE Bar &amp; Dining - a restored historical venue re-presented to Moonee Ponds and Melbourne as a unique all-day dining experience, with curated food and local and imported beverage options.

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The Field and Rumpus will provide further active outdoor space within the development, with the Field of Moonee Valley Racecourse transformed on non-racing days into an open communal space, with a multi-purpose sports zone, fringed by landscaping.

Rumpus has been designed to incorporate nature and play with thoughtful landscapes and custom-designed play equipment, with the feature adventure playground.

Shopping and dining is also abundant within the Moonee Valley precinct, with Cox Place, The Stalls, the Arena, and The Valley.

In the vibrant village heart of Moonee Valley Park, Cox Place will feature a curated mix of specialty retailers, cafés and restaurants, alongside co-working spaces, small business hubs, as well as offering yoga, pilates and medical suites to its comprehensive lifestyle offering.

The Arena acts as a welcoming space for the community to gather, dine and enjoy events throughout the year, with an outdoor cinema and performance space. &nbsp;

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Moonee Valley Racing Club will draw on its expertise to provide a diverse array of community experiences. When not occupied by the thoroughbreds on race-days, the historic stalls will be transformed into a unique space for activations, such as vibrant markets and creative dining and entertainment pop-ups.

Nestled within&nbsp;the residences are additional&nbsp;green, leafy spaces, with Stonepine Square, Glenara Walk and the Resident's Garden.&nbsp;

Stonepine Square has been curated as a Mediterranean-inspired space that features vine covered pergolas and inbuilt and free-standing seating.

The classic piazza is an organic meeting space where residents will gather around the 125 year-old Italian stone pine trees that define this curated public square with heritage accents.

Glenara Walk is a corridor of botanical beauty, adjacent to Stonepine House and leading to the wider neighbourhood.

Reimagining traditional urban pathways, Glenara Walk has been designed as a linear journey through the woodlands, with the walkway linking&nbsp;residents from the residences to the local precinct amenity and surrounding streets, through a diverse collection of deciduous trees and flowering plant species that change with the seasons.

The Resident's Garden is a&nbsp;secluded garden sanctuary acting as a restorative retreat for residents to engage with nature.

Surrounded by ferns and lush vegetation, residents can step&nbsp;through the garden via floating steps and decks that sit above the forest floor, with access from&nbsp;Stonepine Square, through a private entrance from Glenara Walk or directly through Stonepine House.&nbsp;

One, two and three-bedroom apartments can still be snapped up in the nature-driven development,&nbsp;with the project currently in the pre-construction phase.

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As a model of biophilic design, Moonee Valley Park has transformed from a once green valley, into now an iconic racecourse, with homes set to be built within the botanical landscape.  



An exemplar of biophillic design; around the Moonee Valley Park apartments, Stonepine House

Penny Lane is set to be a welcoming Moonee Ponds landmark.

Development group Giancorp are taking to the suburb, with plans for a masterplanned precinct, set to rejuvenate and reconnect Moonee Ponds’ Puckle Street precinct via an arthouse cinema and arcade, vertical communities with communal spaces, and a laneway network that boosts walkability.

Landing at 17 – 19 Puckle Street, Penny Lane will comprise 114 apartments, designed by Melbourne’s, Clarke Hopkins Clarke Architects.

The brief for Clarke Hopkins Clarke Architects&nbsp;was to capture and replicate the village character as a vibrant microcosm.

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Penny Lane’s built form and materiality speak to both the suburb’s gridded street network and the organic shapes of Queens Park and the nearby Moonee Ponds Racecourse.

Materials of glass, steel and concrete are softened at street level by vertical planting, bluestone and recycled bricks salvaged from the site’s existing building.

CHC Architects Partner, Toby Lauclan, said the project had been designed with longevity and sustainability as a focus.

“Robust, long-lasting materials, including concrete, steel and glass, will ensure the building ages well, is low-maintenance and inexpensive to maintain over its entire lifespan.”

Prioritising an ecologically sustainable development, Penny Lane achieves a 7.2 NatHERS rating, with solar design features making it a low maintenance and low impact development.

[smartcode_project:default project_id=1676 project_image_fid=76247]

High-performance glazing features in all 144 apartments, reducing excessive summer heat as well as heat loss in the winter, in addition to the project utilising sustainably sourced timber, low-VOC materials, pains and sealants, renewable energy, energy-efficient lighting, water-efficient landscaping and rainwater harvesting for irrigation and toilet flushing.

Residents will have access to a full line gym, private lounge, designer kitchen and dining room in Penny Lane’s level three podium garden, while addition landscaped spaces can be access from the level nine terrace, encompassing further vistas.

Just steps from Penny Lane, residents will be moments from a number of cafes, supermarkets, a greengrocer, a butcher and the eclectic shopfronts of Puckle Street.

[smartcode_project:default project_id=1676 project_image_fid=76244]

With alfresco dining and commissioned street art, Penny Lane is bringing Melbourne’s laneway culture to Moonee Ponds, set to be home to Melbourne’s latest cinema complex, complete with a luxury rooftop cinema, Platinum lounge and a range of cafes and casual dining options.

Penny Lane is also conveniently located close to Moonee Valley Racecourse, the home of Australia’s most prestigious horse race, the W.S. Cox Plate, while also being just a few minutes from the Queens Park, Moonee Valley’s oldest park, with a lake, a pool, cottage café, and an expansive gardens space.

[smartcode_project_cta: project_id=1676]

Penny Lane will comprise 114 apartments, designed by Melbourne’s, Clarke Hopkins Clarke Architects.



Penny Lane apartments to rejuvenate and reconnect Moonee Ponds Puckle Street

Thomas Street, comprising just 69 one, two and three bedroom apartments, is&nbsp;part of the break-out&nbsp;first release in the&nbsp;$2 billion Moonee Valley Park master-plan developed by Hamton.

The masterplan has been named&nbsp;in part after the suburb it calls home, situated in the heart of Moonee Ponds, a sought-after inner-city locale in Melbourne&rsquo;s north-west.

Over 80% sold out, Thomas Street was designed by the award-winning Rothelowman, who partnered with interior design firm Mim Design for much of the residential work across the project, including Feehan Row, the terrace and house development in the master-plan&rsquo;s first release.

The one-bedroom apartments have already been snapped up so we at Urban&nbsp;focused primarily on the remaining two and three bedders.

[smartcode_project:default project_id=103179 project_image_fid=167476]

<ul>
	<li>
	Two Bed | Two Bath | One Car | 75 sqm | $645,000 (pictured below)
	</li>
	<li>
	Three&nbsp;Bed | Two Bath | Two&nbsp;Car | 114&nbsp;sqm | $1,090,000
	</li>
</ul>

Entering Thomas Street residents step into a Mim-designed lobby home to&nbsp;vertical batten screens, complemented by marble and terazzo finishes.

The residences are divided into four based on where they are located in the building with&nbsp;the ground floor being home to the Garden Residences&nbsp;featuring expansive courtyard gardens and secure individual entries.

A majority of the apartments comprise of either the North facing Hedgeview Residences&nbsp;with generous terraces fringed by living green walls or the Gardenview Residences overlooking a the landscaped residents garden.

As a rule, apartments at Thomas Street offer large entertainer&rsquo;s kitchens with butler&rsquo;s pantries, private home office spaces and walk-in-robes also available in some apartments.&nbsp;

Throughout the building, form and finishes are united through contemporary detailing. A palette of ochre, merlot and pumice tones will flow and&nbsp;blend with the future surrounding parkland.

<a href="/buildings/thomas-st-moonee-ponds-32-thomas-street-moonee-ponds-vic-3039"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gardenview_floorplan.jpg" /></a>

Rothelowman worked alongside&nbsp;Tract Landscape Architects to unify the building&rsquo;s contemporary form and biophilic design elements to emphasize connectivity to the natural environment.

Thomas Street&nbsp;residents will have access to plenty of amenities and services including car charging stations and a dog wash station inside. Plus, within the nearby future sister building, there is a lobby, concierge and delivery services on offer..

Residents and visitors will have access to Stonepine Square, a Mediterranean style piazza, as well as Cox Place, a dynamic village designed to fulfill convenience and lifestyle needs, from caf&eacute; culture to a social hot spot, business heart and wellness hub.

Thomas Street is now under construction, with completion anticipated by the end of 2022.

Over 80% sold out, Thomas Street was designed by the award-winning Rothelowman, who partnered with interior design firm Mim Design for much of the residential work across the masterplan

jordan_55689

Inside the apartment floorplans of near sell-out Thomas Street at Moonee Valley Park

Developers have seen an increased demand in residential and mixed-use developments that feature a unique offering that buyers may not find elsewhere.

There&#39;s a wave of new developments which border some of Australia&#39;s most popular racetracks. The residences, all part of a wider mini-masterplan community on the undeveloped land, deliver an amenity-rich lifestyle for owner-occupiers, and have discerning investors interested in the potential windfall rental income due to its location.

Urban takes a look at five projects located close-by or on some of the country&rsquo;s most well-known horse racing tracks.

1. Thomas Street, Moonee Ponds 
Developer: Hamton 
Two-bedroom apartments from $645,000

[smartcode_project:default project_id=103179 project_image_fid=167493]

Thomas Street residents will have access to a resort-like rooftop pool and deck that will overlook the city skyline and Moonee Valley Racecourse.

Situated in Moonee Ponds, the project unifies contemporary forms with a distinct design with timeless interiors by Mim Design and a natural palette.

[smartcode_project:default project_id=103179 project_image_fid=167471]

Designed by Rothelowman, other amenities on offer include a wellness sanctuary with outdoor deck and grassed area, Stonepine Square, an idyllic gathering place surrounded by shady pergolas and a dog wash station. &nbsp;

2. Feehan Row, Moonee Ponds 
Developer: Hamton 
Three-bedroom townhouses from $1,195,000

[smartcode_project:default project_id=102580 project_image_fid=167439]

Botanical green spaces form the cornerstone of Hamton&rsquo;s Feehan Row, with walking trails, sporting fields and green community spaces.

The development, part of the masterplan which also includes Thomas St,&nbsp;was inspired by the historic nature of the site, originally Feehan&rsquo;s Farm leased by W.S. Cox in 1992 for use as a racecourse.

Each home has an individualised entry that makes a statement, delivering a modern interpretation of a Victorian terrace, designed by Rothelowman and Tract Landscape Architects.

[smartcode_project:default project_id=102580 project_image_fid=167425]

&ldquo;We believe that residents will love living at Feehan Row because in addition to the timeless design of these homes, they can access a rich environment of amenities and parkland&rdquo;, said Rothelowman principal Chris Hayton.

3. Newmarket Residences, Randwick 
Developer: Cbus Property 
Floorplan available upon request

[smartcode_project:default project_id=7591 project_image_fid=77904]

At the centre of Sydney&rsquo;s horse racing culture, Newmarket Residences boasts two eight-storey apartment buildings that will sit above a vibrant retail plaza in Randwick.

Located at the site of the racing&rsquo;s Inglis family&rsquo;s Newmarket Stables, purchased in 1917, the development provides a direct pedestrian connection to the heritage stables.

Designed by Bates Smart, the homes and apartments boast considered details, indoor and outdoor living, classic tones and handcrafted finishes.

[smartcode_project:default project_id=7591 project_image_fid=77908]

The five-hectare site will include a playground, 5,000sqm of parkland, 2,300sqm of retail and 642 apartments and terraces.

4. The Ascot, Flemington 
Developer: Blue Earth Group 
Two-bedroom apartments from $639,000

[smartcode_project:default project_id=4739 project_image_fid=169154]

Just a short walk from the fabled Flemington Racecourse, the Ascot is a brand-new residence boasting 146 apartments across two buildings.

Boasting the best of a vibrant inner-city neighbourhood, the CHT Architects-designed project is full of historic charm and an array of high-quality amenities and services.

[smartcode_project:default project_id=4739 project_image_fid=169155]

The development features landscaped multi-purpose gardens, curated by Jack Merlo, and is located just four-kilometres away from the Melbourne CBD.

5. Ascot Green, Eagle Farm 
Developer: Mirvac 
[smartcode_project:default project_id=27556 project_image_fid=71309]

Having sold out the first two residential stages of their Ascot Green development flanking the Eagle Park Racecourse in Brisbane, the ASX-listed developer&nbsp;Mirvac&nbsp;has lodged plans for its third stage.

The third, subtropical-inspired apartment block will rise 14 levels with 111 apartments and a rooftop with panoramic city and track views. That will also feature a private dining room and lounge areas.

It will home the community&#39;s first four-bedroom apartments, as well as four integrated terraces with direct access to green open space fronting the racecourse.

Overlooking some of Australia’s best-known racecourses, these residences deliver an amenity-rich lifestyle for owner-occupiers and, for investors, the potential for holiday rentals.

max.kwok_55688

Five apartments and townhouses being built alongside Australia’s best-known racecourses

Feehan Row terraces, part of the $2 billion Moonee Valley Park masterplan, have been designed by Rothelowman, who were inspired by the green landscapes of the local area.

The homes and terraces sit on the west side of the redevelopment next to the masterplan&rsquo;s first release, the Thomas Street apartment building.

They&nbsp;include Tote Park Homes, a collection of six three-bedroom houses on the doorstep of the 5,000 sqm Tote Park.&nbsp;Prices start from $1,445,000.&nbsp;

The Kenna St Collection fronts a tree-lined street with gated front courtyards, with three-bedrooms from $1,395,000.&nbsp;

The Mews Collection, Glenara Walk Terraces, and McPherson Street Residences, have all sold out.

[smartcode_project:default project_id=102580 project_image_fid=167427]

Feehan Row offers residents the whole green package, from parklands, bike paths, and walking trails to sporting fields, playgrounds and community spaces.&nbsp;

Each Rothelowman-designed home&nbsp;has a securely gated and individual entrance, with architecture inspired by historic Victorian terraces. Landscaped frontages and fringing greenery offer both privacy and seclusion.&nbsp;

The terraces have internal stair access throughout, but Hamton offers residents the choice to upgrade to a private lift for additional convenience.&nbsp;

Each kitchen is complete with contemporary finishes and storage space, while bedrooms and bathrooms are equipped with high-quality fittings and fixtures.

[smartcode_project:default project_id=102580 project_image_fid=167437]

Other features include secure, underground car parking for terraces or private garages for houses. Some garage spaces include bike racks and additional adjacent storage spaces that could make for an ideal wine cellar.

The heritage-inspired homes and terraces&nbsp;are bordered by the new Tote Park, the leafy corridor of Glenara Walk, and Poplar Garden.

Chris Hayton, principal for Rothelowman said that Feehan Row will establish a contemporary version of the grand Australian terraces &nbsp;&ndash; &nbsp;many of which can be found throughout the leafy suburb of Moonee Ponds.

&quot;We believe that residents will love living at Feehan Row because in addition to the timeless design of these homes, they can access a rich environment of amenities and parkland.&rdquo;

<a href="/new-townhouses/moonee-ponds-vic-3039"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/moonee_valley_map.jpg" /></a>

[smartcode_project_cta: project_id=102580]

The homes and terraces sit on the east side of the redevelopment next to the masterplan’s first release, the Thomas Street apartment building

A green oasis: Spotlight on Feehan Row terraces at Moonee Valley Park

Thomas Street is the first apartment building within the $2 billion Moonee Valley Park master-plan, currently underway by property developer Hamton and financier HostPlus.

Rising six storeys, Thomas Street was designed by the award-winning Rothelowman, who partnered with Hamton for much of the residential work across the project, including Feehan Row, the terrace and house development in the master-plan&rsquo;s first release.

Rothelowman worked alongside interior design firm Mim Design and Tract Landscape Architects to unify the building&rsquo;s contemporary form and biophilic design elements to increase resident&rsquo;s connectivity to the natural environment.

[smartcode_project:default project_id=103179 project_image_fid=167492]

Thomas Street comprises 69 one, two and three bedroom residences.&nbsp;

All of the one-bedroom apartments have already been snapped up. The two-bedroom apartments start from $645,000 and three-bedroom apartments are priced from $1.05 million.

Thomas Street is situated in the heart of Moonee Ponds, a sought-after inner-city locale in Melbourne&rsquo;s north-west.

Apartments at Thomas Street offer large entertainer&rsquo;s kitchens with butler&rsquo;s pantries, private home office spaces and walk-in-robes in some apartments.&nbsp;

[smartcode_project:default project_id=103179 project_image_fid=167465]

The building also overlooks the leafy greenery of the peaceful Residents Garden. There&rsquo;s a lush vertical garden facade and green-laden outdoor areas perfect for entertaining and dining alfresco.

Form and finishes are united through contemporary detailing. A palette of ochre, merlot and pumice tones flow throughout and will blend with the future surrounding parkland.

[smartcode_project:default project_id=103179 project_image_fid=167465]

Thomas Street residents will have access to plenty of amenities and services including car charging stations and a dog wash station inside. Plus, within the nearby sister building, there is a lobby, concierge and delivery services on offer.

Residents and visitors will have access to Stonepine Square, a Mediterranean style piazza, as well as Cox Place, a dynamic village designed to fulfill convenience and lifestyle needs, from caf&eacute; culture to a social hot spot, business heart and wellness hub.

[smartcode_project:default project_id=103179 project_image_fid=167494]

The nearby Puckle Street offers an established lifestyle destination with abundant boutiques, eateries, and the shopping heart of Moonee Ponds Central.

Delivered in the stages following Thomas Street and Feehan Row, Hamton have kept mental health in mind with an optional wellness membership to access the future Wellness Sanctuary and gymnasium, as well as the sky pool with city and racetrack views.

The crowning Jewel of the Moonee Valley Park master-plan, the racing club known as The Valley. With a new grandstand, the Moonee Valley Racing Club aims to be the premier night racing venue and is already home to major races&nbsp;like the Cox Plate.

Thomas Street comprises 69 one, two and three bedroom residences

Thomas Street, Moonee Valley Park’s first apartment development, designed to connect to nature

Community-focused and friendly, Essendon&rsquo;s leafy streets are home to some of Melbourne&rsquo;s most prestigious real estate.

Ready to meet the needs of all buyers and family members, the gleeful domain boasts an endless number of cafes, restaurants and grand old parks.

The majestic Maribyrnong features bike tracks, picnic spots and preened parklands that will connect you to nature.

Very well-serviced by public transport, Essendon offers painless&nbsp;commuting to the CBD, and Flemington Racecourse, with shopping and Melbourne Airport within easy reach.

Urban takes a look at the top nine new apartments and townhomes in Essendon and its surrounding suburbs.

1. <a href="/buildings/anthem-1-oshannassy-street-essendon">Anthem</a> 
Address: 1 O&rsquo;Shannassy Street, Essendon VIC 3040 
Two-bedroom apartments from $657,500

[smartcode_project:default project_id=29880 project_image_fid=161793]

Delivered by Blue Earth Group, Anthem creates an inclusive precinct in the Moonee Valley&rsquo;s largest suburb, Essendon.

Comprising one, two and three-bedroom apartments, the project boasts rich layered experiences, with residents&rsquo; facilities including private dining, central gardens, an arcade, golf simulator and co-working lounge.

The building, designed by CHT Architects, is set to include a world-class health and fitness centre with gym, sauna, steam room, yoga studio and salon.

[smartcode_project:default project_id=29880 project_image_fid=161770]

Each oversized residence is styled by Sora Interior Design and features stylish linear details, and a kitchen designed by Adam D&rsquo;Sylva, part-owner and head chef of two of Melbourne&rsquo;s hottest restaurants, Tonka and Coda.

2. <a href="/buildings/tekna-23-25-russell-street-essendon">Tekna</a> 
Address: 23-25 Russell Street, Essendon VIC 3040 
Two-bedroom apartments from $510,000

[smartcode_project:default project_id=1675 project_image_fid=46033]

Nerton&rsquo;s 30-residence building, Tekna, delivers one, and two-bedroom residneces in the epicentre of Essendon.

The contemporary building features an articulated fa&ccedil;ade influenced by the home&rsquo;s dynamic surrounds and made to complement Russel Street&rsquo;s existing streetscape.

Designed by Fenton Design Group, the property features open-plan living areas, neutral yet warm colour palettes and an outdoor terrace.

[smartcode_project:default project_id=1675 project_image_fid=46034]

Kitchens feature stone benchtops, European appliances and pendant lighting, while bathrooms boasts a minimalist, bright and lively space.

3. <a href="/buildings/glass-street-116-glass-street-essendon">Glass Street</a> 
Address: 116 Glass Street, Essendon VIC 3040 
Three-bedroom apartments from $1,200,000

[smartcode_project:default project_id=22328 project_image_fid=76548]

Glass St boasts a selection of luxury terrace homes in three and four-bedroom configurations, delivered by Empire Projects.

Designed by ClarkeHopkinsClarke, the 18 stunning residences feature generous floorplans, crafted details and modern fa&ccedil;ades.

&ldquo;Glass St is defined by timeless luxury and celebrates the very best of Essendon&rdquo;, the project marketing reads.

[smartcode_project:default project_id=22328 project_image_fid=76551]

Each generous dwelling showcases open and practical floorplans, incorporating luxury and distinctive attention to detail as well as smart technology.

4. <a href="/buildings/the-lincoln-collection-8-10-lincoln-road-essendon">The Lincoln Collection</a> 
Address: 8-10 Lincoln Road, Essendon VIC 3040 
Two-bedroom townhomes from $850,000

[smartcode_project:default project_id=84629 project_image_fid=142225]

The Lincoln Collection features just 14 limited edition townhomes in two, three and four-bedroom configurations in Melbourne&rsquo;s inner-city suburbia.

Delivered by leading local developer Branson Group, the home includes extensive storage, landscaped gardens and smart home technology.

The development, designed by DKO Architecture, features timeless appeal with versatile floorplans and exceptional spaces.

[smartcode_project:default project_id=84629 project_image_fid=142222]

A warm, natural palette features timber floors and bespoke joinery, while natural light provides a connection to the outdoors.

5. The Brass Edition 
Address: 144 Pascoe Vale Road, Moonee Ponds VIC 3039 
Two-bedroom apartments from $650,000

[smartcode_project:default project_id=3233 project_image_fid=160013]

The Brass Edition residences offer a series of 22 meticulously crafted homes in two and three-bedroom configurations that challenge the boundaries of modern design.

Taking cues from its refined industrial heritage, the Brass Edition presents a series of transitions from the street and into the building with the use of reclaimed brick, concrete and bronze cladding.

[smartcode_project:default project_id=3233 project_image_fid=160023]

Designed by ClarkeHopkinsClarke, each apartment offers living areas with abundant natural light, floor-to-ceiling windows and large balconies with climbing greenery.

6. <a href="/buildings/9-shuter-street-moonee-ponds?ref=srp_listview">9 Shuter Street</a> 
Address: 3-9 Shuter Street, Moonee Ponds VIC 3039 
Three-bedroom apartments from $1,500,000

[smartcode_project:default project_id=2992 project_image_fid=21582]

Developed by CDG, 9 Shuter Street boasts 67 apartments over eight levels in the booming inner-north-west suburb of Moonee Ponds.

The building, designed by Jackson Clements Burrows, features a contemporary fa&ccedil;ade, parquetry flooring and high-quality finishes.

[smartcode_project:default project_id=2992 project_image_fid=29449]

Residents can access exclusive resident&rsquo;s areas, including a lounge, private wine cellars and a library space. &nbsp;&nbsp;

7. <a href="/buildings/penny-lane-moonee-ponds-6-14-young-street-moonee-ponds">Penny Lane</a> 
Address: 17-19 Puckle Street, Moonee Ponds VIC 3039 
Two-bedroom apartments subject to availability

[smartcode_project:default project_id=1676 project_image_fid=76244]

Penny Lane is the latest addition to Moonee Ponds from developers Giancorp Property Group.

The residence comprises over 150 one, two and three-bedroom residences, with premium finishes, expansive spaces and intelligent design.

Designed by ClarkeHopkinsClarke, Penny Lane features energy-efficient lighting, rainwater harvesting and 15kW renewable energy.

[smartcode_project:default project_id=1676 project_image_fid=76247]

Among its amenities include a level three podium garden, gym, private lounge, terrace and residents&rsquo; dining.

8. <a href="/new-townhouses/moonee-ponds-vic-3039">Moonee Valley Park</a> 
Address: 2b McPherson Street, Moonee Ponds VIC 3039 
Two-bedroom townhouses from $645,000

[smartcode_project:default project_id=25466 project_image_fid=162012]

Mooney Valley Park boasts a collection of 36 townhomes in two, three and four-bedroom configurations.

Delivered by Hamton, the development features landscaped front gardens, underground car parking or private garages, and large entertainer&rsquo;s kitchens.

Each Rothelowman-designed home features striking fa&ccedil;ades, inspired by the historic Victorian terrace.

[smartcode_project:default project_id=25466 project_image_fid=162013]

A Wellness Sanctuary, gym and sky pool with city and racetrack views can be accessed by residents who take up the optional wellness membership.

9. <a href="/buildings/dublin-strathmore-80-bulla-road-strathmore">Dublin</a> 
Address: 80 Bulla Road, Strathmore VIC 3041 
Two-bedroom apartments from $599,000

[smartcode_project:default project_id=4575 project_image_fid=52736]

Comprising 21 residences spread across four floors, Dublin is poised to make a statement in the suburb of Strathmore.

Designed by Design Worx Architects, the low-rise building draws on natural materials to create a unique fa&ccedil;ade with sleek bold lines.

The kitchens feature premium fixtures, 2pac joinery, stone benchtops and Miele appliances.

[smartcode_project:default project_id=4575 project_image_fid=52737]

Expansive private balconies and terraces offer ample space for entertaining family and friends while overlooking breathtaking views of the city.

Urban takes a look at the top nine new apartments and townhomes in Essendon and its surrounding suburbs

Discover the top 9 new apartments and townhomes in Essendon and its surrounding suburbs

<html><body>
The Moonee Valley Racecourse is set for a $2 billion redevelopment, turning the night racing venue into a dynamic urban lifestyle precinct.
The joint-venture is between leading superannuation fund Hostplus and property developer Hamton, in partnership with Moonee Valley Racing Club (MVRC).
MRVC chose the joint venture after a 12 month competitive selection process.
As the industry super fund for hospitality, tourism, recreation and sport, in 2018 Hostplus celebrates a 30-year relationship with MVRC and is the trustee for the retirement savings of the near 400 MVRC employees and more than 7600 City of Moonee Valley residents.
Hostplus CEO David Elia said the fund’s investment in the redevelopment is a natural fit with the sectors Hostplus serves.
“Today we are excited to announce our involvement in securing MVRC’s future, alongside the creation of many new jobs and economic growth for the sectors we proudly serve.
"We are delighted to partner with Hamton, with whom we have a strong track record as joint venture partners, via ISPT spanning more than a decade,” he said.
“The redevelopment will see MVRC cement its position as one of the world’s premier racing clubs and will reinvigorate The Valley as an iconic Melbourne destination of the 21st century.
"This investment will also complement our diversified portfolio and deliver strong risk-adjusted returns to members over the long-term.”
Around nine hectares of the 40-hectare site owned by MVRC will be available for development by Hostplus-Hamton. Payments by Hostplus-Hamton to MVRC will facilitate the construction of the Club’s new grandstand and racetrack.
Paul Hameister, executive chairman of Hamton said the redevelopment of the entire site will be considered as one integrated precinct.
"[The prceinct will be] one that is a great place to live, work and visit, with new public parks and facilities, destinational food and beverage, complementary retail, innovative work-spaces and world class residential homes. Our aim is to deliver an enduring legacy of which we can all be proud.
“Now that our appointment has been formalised, the proposed development masterplan will be refined over the coming 12 months before we can release further details,” Mr Hameister said.
“Part of the masterplan refinement over the coming months will include engagement with key stakeholders, including the community, to learn more about local priorities for Moonee Valley.”
The investment by Hostplus in the joint venture with Hamton will be managed by ISPT pursuant to a direct mandate. ISPT coordinated the coming-together of the two joint venture partners and was heavily involved in the competitive selection process on behalf of Hostplus.
The nine-hectare development site has already been rezoned by MVRC to a combination of Activity Centre Zone and Mixed Use Zone. The permit for the first stage is expected to be lodged early in 2018.
The site is six km from Melbourne’s CBD and a short walk from Moonee Ponds rail station.
</body></html>

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