<a href="https://www.urban.com.au/new-apartments/park-modern-south-melbourne-1-middleton-lane-vic-3205">Park Modern</a> isn’t just a project for Tim Price - it’s a passion piece.&nbsp;

Located in South Melbourne’s prestigious Domain precinct, the development represents years of planning, site amalgamation, and deep connection to place.

I recently had the opportunity to sit&nbsp;down with Tim Price, Founder and Director of <a href="https://www.urban.com.au/developers/time-place">Time &amp; Place</a>, to explore the vision and design ethos behind Park Modern—an ambitious new $500 million mixed-use development overlooking Melbourne’s iconic Botanic Gardens.

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Price says the team is "very excited about this one."

“As a business, we have been investing in both the real estate design and the development of this for about five to six years," Price says.

Park Modern, which will home 243 apartments, sits on a prize 2,398 sqm block bordering&nbsp;Dorcas Street, Wells Street, and Middleton Lane. Importantly, it integrates residential amenity with retail, wellness, and community connection.

<img alt="Park Modern" data-entity-type="file" data-entity-uuid="859906cc-bb07-404b-a891-70fb1afb7f3f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-24%20at%202.12.50%E2%80%AFPM.png?VersionId=adAJ9uUY2ZST94I6TxRe1VU8fS46PLp6" />

“The Domain precinct of Melbourne is a special place from a residential point of view,” Price notes.

“I feel like I know this area really, really well… you’ve actually got to work through exactly what it is that people are really going to be interested in living in.”

A distinctive feature of Time &amp; Place’s design process is how Price envisions future residents by placing himself in different life stages. This mindset helps shape a product that is both aspirational and grounded in real-life usability.

<img alt="Time &amp; Place" data-entity-type="file" data-entity-uuid="6196209c-1e5d-4a18-b4ef-79041cf4d510" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/TIME11625_Park%20Modern_EL01_Superman%20View%20to%20CBD.jpg?VersionId=F3HaCqN_OmAr57RjxByvkWJy0hHUND8F" />

“There’s a large portion of the building which is designed for an owner-occupier. That’s not always about downsizing. Sometimes it’s just about creating a space which is easily maintained, lock up and leave, reflecting people’s aspirations,” he says.

The building design reflects this philosophy with generous living areas, big dining spaces for entertainers, and open terraces—elements that cater to the “sticky” nature of long-term residents. He compared the design by Bates Smart to The Melburnian, a nearby St Kilda Road landmark designed by Bates Smart.

“If you look at the turnover in The Melburnian building… they’re very sticky. People love living there. It’s a combination of the quality of the building and also the location.”

<img alt="Time" data-entity-type="file" data-entity-uuid="f536bdee-0a63-4bb9-8648-4be2a6f49d8e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/TIME11625_Park%20Modern_EL03_3Bed%20Residences%20Balcony%20Level%204%20-%2017.jpg?VersionId=df9c0elD7xrZn0oEnWJT4z1TAYVCMBeG" />

&nbsp;

Park Modern will feature two sculptural towers joined by a central garden bridge, resting on a podium. This layout not only maximises view lines to the park and the bay, but also reinforces a “village-style” living concept—where connectivity, wellness, and walkability are prioritised.

In keeping with post-pandemic living priorities, the ground floor of Park Modern will dedicate space to wellness and flexibility. Instead of traditional large-format pools, the development will feature plunge pools, magnesium pools, Finnish saunas, and daybeds. There’s also a co-working space and a studio offering for pilates and cardio workouts.

“We’ve got an element which is really dedicated to wellness… really focusing on if we were living in this space and enjoying the benefits of adjacency to areas to run and exercise.”

The entrance experience, too, is designed to impress, pulling in elements of the gardens through beautiful landscaping, concierge service, and a thoughtfully integrated porte-cochère.

With sales set to commence later in 2025 and construction to follow, Park Modern is poised to become a defining project for Time &amp; Place and for Melbourne’s city fringe.

[smartcode_project_cta:default project_id=138453]

Michael Bird

Inside Park Modern, South Melbourne: Five minutes with Time & Place Founder Tim Price

Joint venture partners <a href="https://www.urban.com.au/developers/time-place">Time &amp; Place</a> and NPACT have kicked off construction at Two Tides, their new Manly apartment development.

<a href="https://www.urban.com.au/builders/ultra-building-co">ULTRA Building Co.</a>&nbsp;will deliver the&nbsp;five-level, $100 million coastal development that will complete in Q2 2027.

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<a href="https://www.urban.com.au/new-apartments/two-tides-manly-9-raglan-street-manly-nsw-2095">Two Tides</a>, on a gateway site at 9 Raglan Street, will comprise 24 luxury apartments above&nbsp;an activated ground-floor retail space, intentionally designed to enhance the local Manly streetscape and seamlessly integrate with the strong existing retail offering that services the area’s daily foot traffic, surrounding businesses, and residents.&nbsp;

Above the ground floor with sweeping views over <a href="https://www.urban.com.au/developments/manly-nsw-2095">Manly</a>’s beachfront, Two Tides brings to market 15 two-bedrooms priced from $2.95 million and sized from 93 sqm to 103 sqm, six three-bedrooms priced from $10.1 million and sized from 121 sqm to 134 sqm, with three crown jewel penthouses (POA) spread across the top floor reaching up to 300 sqm.

Nearly half of the apartments have been snapped up, predominantly by locals.

“Two Tides has clearly resonated with Manly locals, which validates the work we’ve done to shape a project that feels deeply in tune with its surroundings," said&nbsp;Evan Papadopoulos, Director at Time &amp; Place.

"This isn’t just a site we’re building on – it’s a neighbourhood we live in, are connected to, and deeply care about. We’re proud to be delivering homes for people who already call this place home.”&nbsp;

[smartcode_project:default project_id=141371 project_image_fid=837]

Designed by <a href="https://www.urban.com.au/architects/sjb-architects">SJB Architects</a>, Two Tides draws inspiration from Manly’s laid-back sophistication, embracing natural materials and soft coastal tones that reflect the surrounding environment.&nbsp;

With construction now underway and strong early sales results, Two Tides signals Time &amp; Place’s long-term commitment to the Northern Beaches region and follows the developer’s acquisition of a second Manly site, <a href="https://www.urban.com.au/new-apartments/101-north-steyne-manly-nsw-2095">101 North Steyne</a>, which is currently in early planning stages.

[smartcode_project_cta:default project_id=141371]

Joel Robinson

Time & Place kicks of construction at Two Tides Manly with half of the apartments sold

Boutique Melbourne developer <a href="https://www.urban.com.au/developers/carpe-group">Carpe Group</a>&nbsp;is teaming up for the fourth time with joint venture partner ICON Developments to enter the new apartment market in Hawthorn.

The duo is planning a low-rise block of 32 two- and three-bedroom apartments on a prime 3,680 sqm site on Robinson Road, just a short walk from Riversdale Road and located midway between the centres of both Hawthorn and Camberwell.

<img alt="Robinson Road" data-entity-type="file" data-entity-uuid="5c3b61e6-c6d3-47e6-aebc-d379f0ddcadc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-23%20at%204.34.29%E2%80%AFPM.png?VersionId=OBSttx0Nmm2DGxrbDOaoc4WVefxPh4li" />

Designed by acclaimed architecture studio <a href="https://www.urban.com.au/architects/powell-glenn">Powell &amp; Glenn</a>, the low-density development is expected to cater predominantly to owner-occupiers—Carpe's primary target market. The majority of the 32 apartments will feature three bedrooms.

The architectural design aims to reflect Hawthorn’s established residential character, integrating seamlessly with the surrounding streetscape in a modern apartment setting. The building will be set within landscaped gardens designed by renowned landscape architect <a href="https://www.urban.com.au/landscape-architect/myles-baldwin-design">Myles Baldwin</a>.

Carpe founders Tim Campbell and Stuart Kacir hope to secure planning approval later this year, with plans to launch the project to market in early 2026. They are expecting to complete the building in mid-2028, pending approvals.

<img alt="23-27 Robinson Road, Hawthorn" data-entity-type="file" data-entity-uuid="c32f8562-763c-4904-a0b3-8add63967981" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Image21.jpg?VersionId=JaOGkrObp67rhfJI.9xIwPSnTd57lc4S" />

Carpe previously partnered with ICON Developments on Grandview in Brighton, a boutique development of just 10 apartments completed in 2023. They are currently delivering <a href="https://www.urban.com.au/new-apartments/ocean-house">Ocean House</a> in Hampton—18 apartments located just one street back from Hampton Street—which have proven particularly popular with local downsizers.

Carpe currently has <a href="https://www.urban.com.au/new-apartments/studley-park-residences-kew-85-studley-park-road-kew-vic-3101">Studley Park Residences</a>, a collection of 31 apartments in the heart of Kew, on the market, as well as <a href="https://www.urban.com.au/new-apartments/the-coterie-sandringham-49-51-abbott-street-sandringham">The Coterie</a>, a 25-apartment development in Sandringham. They have another project in planning, <a href="https://www.urban.com.au/new-apartments/53-57-cambridge-street-collingwood-vic-3066">Cambridge Collingwood</a>, 27 apartments with ground-level retail, which is expected to secure approval later this year.

Designed by acclaimed architecture studio Powell & Glenn, the low-density development is expected to cater predominantly to owner-occupiers—Carpe's primary target market.

First look: Carpe Group and ICON Developments team up again for new downsizer apartments in Hawthorn

The Inner West’s long-awaited Rozelle Village has officially hit the market — and buyers haven’t wasted any time in securing an apartment in the new development that has been almost a decade in the making.

Developed by Sydney-based <a href="https://www.urban.com.au/developers/perifa">PERIFA</a>, part of the <a href="https://www.urban.com.au/builders/versatile">Versatile Group</a>, in partnership with Mitsubishi Estate Asia (MEA), the mixed-use precinct has achieved more than $140 million in apartment sales.

More than 40 apartments have already been sold, including several high-end three-bedroom apartments with sales reaching up to $6.9 million.

Demand has been driven largely by local owner-occupiers who’ve had Rozelle Village on their radar for some time — many of them already living in apartments and looking to upgrade without giving up lifestyle, walkability, or views.

[smartcode_project:default project_id=8142 project_image_fid=347020]

PERIFA Co-founder and Managing Director,&nbsp;Fabrizio Perilli, said the team is&nbsp;thrilled with the level of interest in Rozelle Village.

"It demonstrates the strong demand for well-designed, high-quality homes in the Inner West, but also the ongoing demand we’re seeing for new housing in Sydney."

Perilli says Rozelle Village is providing the people of Sydney with the quality housing they so desperately need, and with open, community spaces and well-curated retail amenity for everyone to enjoy.

"With demolition complete, we’re looking forward to progressing with construction over the coming months.”

<a href="https://www.urban.com.au/project-marketer/srm-residential">SRM Residential</a> Director, David Milton, says the response to the development was very strong, as expected.

"There is such limited supply in this area and buyers have been anticipating this release for a long time.”

[smartcode_project:default project_id=8142 project_image_fid=347019]

<h2>About Rozelle Village</h2>

Rozelle Village is PERIFA and MEA’s second major joint project in Sydney, following Putney Wharf Residences.

With architecture by <a href="https://www.urban.com.au/architects/studiosc-0">StudioS.C</a>, interiors designed by <a href="https://www.urban.com.au/interior-designers/sjb-interiors">SJB</a>, urban design and landscaping by <a href="https://www.urban.com.au/landscape-architect/arcadia-landscape-architecture">Arcadia</a>, and retail curation by Retail Strategy Group, Rozelle Village will provide a high-quality, community-focused precinct with long-term value for both new residents and the existing Rozelle community.&nbsp;

Led by Versatile Construction, ground works have commenced with construction approval received, and project completion anticipated in the first half of 2028.

[smartcode_project_cta:default project_id=8142]&nbsp;

Rozelle Village achieves strong results as sales officially launch

Sunshine Coast developer&nbsp;Habitat Development Group is set to break ground on its latest Sunshine Coast project, The Millwell.

Habitat will officially turn the first sod at the start of July at the Millwell Road East site, adjacent to the Sunshine Plaza and fronting the Cornmeal Creek.

<a href="https://www.urban.com.au/new-apartments/the-millwell-2-millwell-road-east-maroochydore">The Millwell</a> continues Habitat’s strong momentum in Maroochydore, where the Brisbane-based developer has already delivered Market Lane Residences and The Corso Collection.

The $243 million project will deliver 205 apartments across two eight-level towers, designed by long-time Habitat collaborator <a href="https://www.urban.com.au/architects/k-architecture">K Architecture</a>.&nbsp;

A mix of two, three, and four-bedroom residences, including four premium penthouses, will be complemented by 361 sqm of ground-floor commercial and retail space.

Sunshine Coast Mayor Rosanna Natoli will join Habitat Managing Director Cleighton Clark to officiate the ceremony, marking a symbolic moment for both the developer and the region.&nbsp;

Clark said The Millwell has been designed to meet this sustained demand with larger format apartments and elevated amenities.

The Millwell will offer a suite of high-end amenities for residents, headlined by the Sunshine Coast’s first 25-metre rooftop infinity-edge pool.&nbsp;

The rooftop terrace, complete with subtropical landscaping and sweeping 360-degree views, will also feature an independently operated spa and wellness centre, private dining rooms, a rooftop bar, and a fully equipped outdoor kitchen and communal areas designed to foster a vibrant community.

Views will span across the Maroochydore River and Mount Coolum to the north, Mount Buderim and Point Cartwright to the south, and the beaches and hinterland of the wider Sunshine Coast region.

The project comes at a time when the Sunshine Coast rental market continues to tighten, with historically low vacancy rates driving interest from both investors and owner-occupiers.&nbsp;

[smartcode_project_cta:default project_id=113043]

The $243 million project will deliver 205 apartments across two eight-level towers, designed by long-time Habitat collaborator K Architecture

Morphett Vale, SA mortgagee home sold for $50,000 loss

Staff reporter

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