Growing national developer Time &amp; Place has announced its fifth new apartment development.

With two projects in Manly and two upcoming in Surry Hills and Potts Point, the developer, which expanded beyond Melbourne just a few years ago, is now heading to Mosman. It is planning 53 new apartments on Redan Street.

The 3,233 sqm site, spanning <a href="https://www.apartments.com.au/new-apartments/40-48-redan-street-mosman-nsw-2088">40–48 Redan Street</a> with frontage to Redan Lane, is located just under 400 metres from Spit Junction Town Centre. It is reported the developer paid around $100 million for the five-site amalgamation.

Time &amp; Place, founded by Tim Price and backed by James Packer’s private investment firm NPACT, has submitted the project as a State Significant Development through the NSW Government’s Housing Delivery Authority pathway.

Of the 53 apartments, 42 will be released to the market, with the remaining 11 allocated as affordable housing in line with NSW Government requirements.

fjc Studio has designed the building. In its Design Report, the architect said the diverse mix of dwelling types and sizes, including 11 two-bedroom affordable housing units, 40 three-bedroom apartments, and two four-bedroom residences, will support a broad demographic, including families, downsizers, and key workers.

The development will rise to nine levels, a height encouraged by the NSW Government due to the site’s proximity to Spit Junction, which has been identified as a low- to mid-rise centre. Developments within a certain proximity to these centres are permitted increased height.

fjc said the project “achieves an appropriate density outcome for its setting by balancing increased housing supply with strong amenity performance,” adding that it “makes a measurable contribution to NSW housing supply targets through the delivery of additional dwellings and dedicated affordable housing.”

The new development will replace five existing two-storey homes.

“By aligning with the objectives of the Housing SEPP and applying careful architectural and urban design principles, the development provides high-quality residential accommodation that integrates sensitively within its established Mosman context and delivers enduring benefits to residents and the wider community.”

Mosman has become increasingly popular with developers in recent years.

Developer Abadeen has been particularly active, with Mosman Residences currently on the market and under construction on Clifford Street. It also has an upcoming Burran Avenue project, comprising just three apartments on the Balmoral Slopes, and recently secured the Midas and Honeysuckle nursery site on Military Road.

Prosker Property has a project on Redan Lane, just a few doors down from Time &amp; Place’s proposed development.

Developers including Toohey Miller, DARE Property Group, and WINIM also have projects underway in the area. In 2024, a five-year target was set for the Mosman LGA to increase housing supply by 500 dwellings by 2029.

Time &amp; Place entered the Sydney market with Two Tides, its under construction Manly development. Given its sales success, it has secured another development in the area, more boutique, facing the beach on North Steyne.

They are hoping to launch their redevelopment of The Chimes in Potts Point this year, and next year will look to take to market Marlborough House, an adaptive re-use of the landmark David Jones warehouse in Surry Hills.

Joel Robinson

Time & Place to take on Mosman apartment market

Brunswick’s civic heart continues to consolidate around the Merri-bek Arts and Culture Precinct, where a growing cluster of cultural institutions, recreation facilities, and public infrastructure has created one of the inner north’s most defined community hubs.&nbsp;

Within this evolving precinct, <a href="https://www.apartments.com.au/new-apartments/saxon-street-by-milieu-brunswick-31-saxon-street-brunswick-vic-3056">Saxon Street by Milieu</a> introduces new housing directly alongside the civic anchors that shape daily life in the suburb.

At 31 Saxon Street, the project sits immediately beside Brunswick Baths and within moments of Brunswick Library and Town Hall, longstanding institutions that support both community services and everyday amenity.&nbsp;

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Next door, the newly delivered Balam Balam Place arts precinct has emerged as a central piece of Merri-bek Council’s cultural strategy, bringing together creative studios, exhibition spaces, maternal and child health services, and community programming in a purpose-built civic facility. Together, these destinations have reinforced the surrounding blocks as a focal point for public life in Brunswick.

This part of <a href="https://www.apartments.com.au/developments/brunswick-vic-3056">Brunswick</a> forms a key pocket within the suburb’s designated Major Activity Centre, where long-term planning has prioritised walkability, civic investment, and increased housing supply close to transport and services. The surrounding street network reflects that strategy, with compact blocks, established retail corridors and active transport links supporting a lifestyle that is largely navigable on foot.

Within a few minutes’ walk, Sydney Road delivers one of Melbourne’s most recognisable streets, known for its long-running mix of independent retailers, international dining venues and everyday convenience. Tram routes along Sydney Road provide frequent connections south toward the CBD and north through Brunswick and Coburg, while Jewell Station on the Upfield line sits within roughly a ten-minute walk, offering direct train access into the city.

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Active transport also plays a significant role locally. The nearby Upfield Bike Path forms a key north–south cycling corridor linking Brunswick through Parkville and into the central city, reinforcing the area’s reputation as one of Melbourne’s most accessible inner-urban neighbourhoods for cyclists and pedestrians alike.

The surrounding civic cluster extends beyond cultural infrastructure. Siteworks, a nearby creative hub supporting artists and community organisations, adds to the concentration of cultural activity in the immediate area. Educational institutions such as Brunswick North Primary School, Brunswick Secondary College and RMIT’s Brunswick campus are also within easy reach, contributing to the suburb’s diverse resident base spanning families, students and professionals.&nbsp;

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Designed by <a href="https://www.apartments.com.au/architects/jackson-clements-burrows-architects">Jackson Clements Burrows Architects</a> in collaboration with <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> and landscape architects <a href="https://www.apartments.com.au/landscape-architect/oculus">OCULUS</a>, the nine-level building has been shaped to respond to the surrounding streetscape, with lower levels aligning to the street and upper storeys stepping back to soften its scale and improve solar access.&nbsp;

Curved balcony forms reference nearby heritage architecture, while the development’s public realm improvements include a widened footpath along Saxon Street to strengthen pedestrian connections between the precinct’s civic sites.

Sustainability also underpins the project’s approach. The building is designed to operate entirely on electric infrastructure supported by rooftop solar, with an average 7.5-star NatHERS energy rating and EV-charging readiness across the development. Shared resident amenities will include a landscaped rooftop terrace with barbecue and covered dining areas intended to encourage informal interaction between residents.

Saxon Street marks developer Milieu's fifth project in Brunswick and continues its focus on design-led infill housing across Melbourne’s inner suburbs.&nbsp;

Construction has commenced through reputable builder Manresa, who will complete the project in 2027.

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Saxon Street by Milieu connects residents to Brunswick’s cultural and civic core

Within <a href="https://www.apartments.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe-vic-3079">Candela Ivanhoe</a>, <a href="https://www.apartments.com.au/developers/salter-brothers">Salter Brothers</a>&nbsp;takes a different approach to larger residences, moving away from the constraints of a single level.

In Grand Residence 3.05, known as the Lustre, plays out across two levels, with a mezzanine configuration that is uncommon in apartment living.

Lustre is a four-bathroom residence where the layout creates a clear distinction between shared and private zones, with uninterrupted views toward the Dandenong Ranges extending the sense of openness from the main living areas.

Entry is to the primary living level, where the kitchen, dining, and living areas are arranged as one continuous space. Timber flooring runs throughout, with a fireplace set within the living zone. Full-height glazing brings in natural light, supported by double glazing that improves thermal performance.

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The kitchen is configured as both a working and social space. A large island bench provides seating, while a walk-in pantry extends storage beyond typical apartment expectations.

Gaggenau appliances, including a 900mm gas cooktop and 600mm oven, are integrated into a layout that connects directly to the adjacent dining and living areas, and outward to the terrace. This balcony includes a built-in BBQ, reinforcing the apartment’s capacity to accommodate larger gatherings without compromising internal space.

A dedicated laundry room, powder room, and a wine cellar area sit discreetly off the main living zone, ensuring that functional requirements are resolved without encroaching on primary living areas. The master suite is also located on this level, designed as a retreat with a walk-through wardrobe and an ensuite that includes double vanities, a bath, and a dedicated dressing table.

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The mezzanine level introduces a second layer of living, rather than simply additional bedrooms. Two large bedrooms with built-in robes are positioned alongside a central bathroom, while a secondary lounge and study area create a self-contained zone suited to children, guests, or extended family. A large storage room further supports long-term usability, addressing a common shortfall in apartment design.

This separation of levels is central to how the residence functions day-to-day. It allows the lower level to operate as the primary entertaining and living space, while the upper level provides privacy and flexibility. The result is closer in feel to a townhouse or standalone home, but with the benefits of apartment living, security, and low maintenance.

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Candela is close to 80 per cent complete, with Ironside delivering construction ahead of its expected October 2026 completion. The development comprises 58 residences, with a strong owner-occupier profile and a mix of one to four-bedroom apartments and loft-style townhouses.

Candela has exclusive access to private amenities, including a residential lounge and rooftop terrace. A charming café and a lifestyle wellness centre are located on the ground level, designed to foster community connection and extend the living experience beyond individual apartments without competing with the scale of homes like Lustre.

Candela, positioned in the heart of Ivanhoe Village, reinforces the practicality of the address. With a Walk Score of 90, residents are within immediate reach of cafés, retail, parklands, and Ivanhoe Station, while also benefiting from proximity to established schools and healthcare services.

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Inside Lustre: Grand Residence 3.05 at Candela Ivanhoe

<a href="https://www.apartments.com.au/developers/milieu-property">Milieu</a>’s <a href="https://www.apartments.com.au/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens</a> is being shaped around a simple but increasingly rare premise in apartment development: that the built environment should actively support residents’ wellbeing.&nbsp;

Located on the former ABC Studios site on Gordon Street in Melbourne’s south-east, the new neighbourhood sits on an expansive 11,740 sqm site neighbouring the heritage-listed Rippon Lea Estate, whose gardens date back more than 140 years.

Rather than positioning wellness as an add-on amenity, the development integrates it into the physical planning of the site. Architecture by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> is arranged across six low-rise buildings set within extensive landscaping designed by <a href="https://www.apartments.com.au/landscape-architect/oculus">OCULUS</a>, with more than 40 per cent of the land dedicated to gardens and green space. Walking trails, pocket gardens, and mature trees are threaded between buildings, creating a network of green corridors that encourage residents to move through the precinct on foot and spend more time outdoors.

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Milieu has intentionally framed these gardens as an extension of the neighbouring Rippon Lea Estate. More than 16,000 new plants will be introduced across the site, with species carefully selected to protect and complement the area’s ecological significance. The approach focuses on strengthening existing environmental conditions while establishing new habitats that support native wildlife, reinforcing the role of the landscape as both an active ecosystem and a defining element of daily life.

A private resident gate will provide direct access to the historic grounds during opening hours, allowing residents to move seamlessly between the development’s landscaped gardens and the estate’s expansive lawns, lakes, and mature trees. The project’s gardens will also be maintained by the same gardeners responsible for Rippon Lea, reinforcing the visual and ecological continuity between the two landscapes.

Complementing the landscape is a dedicated wellness hub designed to support everyday health and recovery. Residents will have access to a gym alongside yoga and Pilates studios, while mineral pools and infrared saunas provide spaces for relaxation and restorative wellbeing. Shared lounges, workshop spaces, and pet care facilities expand the concept of wellness beyond fitness, creating opportunities for social connection and community interaction within the precinct.

Environmental performance is another key component of the project’s wellbeing focus. Elsternwick Gardens will be entirely fossil-fuel-free, with homes designed to operate on renewable electricity rather than gas. Passive design strategies, including cross-flow ventilation, high-performance insulation, and thermally broken double glazing, are intended to maintain comfortable indoor temperatures while reducing energy demand. Solar photovoltaic systems will power common building services, while rainwater harvesting will help irrigate the extensive landscaping across the site.

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Milieu Founder and Managing Director Michael McCormack says the scale and setting of the project allowed the team to take a different approach to urban apartment living.

“This site represents a once-in-a-lifetime opportunity to build something truly special,” McCormack says.

“Through that process, we arrived at a design that centres on a fully realised natural landscape – a series of private, interconnected gardens that encircle the homes and extend seamlessly from Rippon Lea Estate.”

Elsternwick Gardens will comprise three residential offerings, Gordon Place, Ripponlea Terrace, and The Garden Pavilion, each designed for owner-occupiers and shaped around high-quality interior design by Woods Bagot, K.P.D.O., and Flack Studio. The first stage, Gordon Place, includes one-, two-, and three-bedroom apartments designed with a strong focus on indoor-outdoor living and sustainability.

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Milieu recently appointed <a href="https://www.apartments.com.au/builders/brady-constructions">Brady Constructions</a> to deliver the project, marking a key milestone for the development. The appointment follows the demolition of the former studio buildings on the Gordon Street site, with construction progressing toward the delivery of the nature-led community.

Situated between the established villages of Elsternwick and Ripponlea, the development balances its garden setting with strong urban connectivity. Residents will be within walking distance of cafés, restaurants, and local retail, while nearby train and tram connections provide quick access to Melbourne’s CBD and the beaches of Elwood and St Kilda.

With construction underway and the first residents expected to move in by early 2027, Elsternwick Gardens represents a growing shift in apartment development toward environments that prioritise wellbeing as much as density or location. By placing landscape, sustainability, and shared spaces at the centre of the design, Milieu is positioning the project as a residential neighbourhood where wellness is not just promoted, but built into the structure of everyday life.

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Elsternwick Gardens' wellness-first design strategy

Brisbane-based developer <a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co</a> has made a striking debut on the Gold Coast, officially unveiling its $250 million COMO development in Varsity Lakes, a lifestyle-driven residential project anchored by an extensive rooftop wellness and activity precinct.

Having recently launched to market, construction has already been fast-tracked by <a href="https://www.apartments.com.au/builders/5point-projects">5Point Projects</a>, ensuring momentum continues on what is set to become a landmark residential address for the growing Varsity Lakes community.

Located at 22 Lake Street, Varsity Lakes, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO</a> will comprise 156 apartments across 16 levels, comprising one-, two- and three-bedroom residences designed for modern living. However, it is the project’s rooftop amenity offering that sets COMO apart.

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Designed as a dedicated wellness and recreation hub, the rooftop will feature a 25-metre lap pool, fully equipped gymnasium, and multiple pickleball and paddleball courts - amenities rarely seen in boutique apartment projects.

Residents will also have access to a sauna and plunge baths, while landscaped gardens and relaxation zones will provide tranquil spaces overlooking sweeping panoramic views across the Gold Coast skyline.

The rooftop precinct has been designed to function as the social and wellness heart of the development, encouraging residents to embrace an active, balanced lifestyle within their own building.

&nbsp;

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Red &amp; Co director David Laverty said the amenity offering was central to the project’s design from the outset.

“Amenities were at the forefront of our decisions,” Laverty said.

“Buyers today are looking for more than just an apartment - they want a lifestyle that promotes health, connection and balance.

“The rooftop at COMO has been designed to be the epicentre of that lifestyle, with a suite of wellness and recreation facilities that are quite unique for a boutique development of this scale.”

&nbsp;

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Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, the residences prioritise liveability, featuring spacious layouts, 2.7-metre ceilings and high-quality finishes throughout.

The development sits beside Bond University, placing residents within walking distance of education, retail and dining options within the vibrant Varsity Lakes precinct, including Robina Town Centre, Varsity Lakes Train Station and a range of leading schools.

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Laverty said the location was a key driver behind Red &amp; Co’s decision to bring the project to the Gold Coast.

“<a href="https://www.apartments.com.au/developments/varsity-lakes-qld-4227">Varsity Lakes</a> was a clear choice for us to invest in as it’s a lifestyle hub that seamlessly blends lakeside living with urbanity,” he said.&nbsp;

“Como will capitalize on this great location, delivering a project that not only creates premium homes, but a lifestyle defined by community, wellbeing, and connectivity.”

Red &amp; Co has delivered more than 500 apartments and townhouses across 26 projects in Brisbane in recent years, with COMO marking the company’s first major Gold Coast development.

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Red & Co unveils amenity-rich Como development in Varsity Lakes

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.

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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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