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Melbourne_Fragments's picture
#52

Will be quite nice if they can get the greenery and other textures like that in real life

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shky's picture
#53

looks like a beautiful design. wonder when it will begin registration and sales.

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Nicholas Harrison's picture
#54

Comments by Richard Wynne from March this year when he approved this development:

]Mr Wynne said the proposed tower at 380 Lonsdale St was an example of fine urban design that worked well at street level.

“There is a place for height in the city but good design must be at the core of that and what is happening on the ground,” he told a Property Council of Victoria event this morning.

This development would be prohibited under the new CBD planning controls.

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Melbourne_Fragments's picture
#55

^ would it? it's a bit site so I'm not sure the 24:1 plot ratio would apply

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Nicholas Harrison's picture
#56

Since it is 211m high the tower would have to be setback 10m from the side boundaries. Since the site is only 26m wide the height would have to be reduced down to about 120m to retain the 6m setbacks.

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3000's picture
#57

Won't making the setbacks larger reduce the overall apartment sizes? Or is it more a case of slightly lower yields for slightly larger apartments?

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Qantas743's picture
#58

I don't mean to bump the thread but I just noticed that this is now listed as one of the projects on the PDS Group website (with the new render and floor count) which would suggest that things could be slowly moving along.

Status is listed as "planning".

http://www.pdsgroup.com.au/projects/380-londsdale-st/

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melbourne's picture
#59

Hiap Hoe joins forces with Brady for $500m Melbourne high-rise

Listed Singaporean developer Hiap Hoe has formed a joint venture with local player Brady Property Group to develop a $500 million high-rise apartment and hotel project in central Melbourne.

The site at 380 Lonsdale Street is already controlled by the Singaporean developer, which won the green light last year to develop a two-tower proposal.

It was one of the last major projects within the CBD to be approved by state planning minister Richard Wynne before strict new controls were introduced last September.

Hiap Hoe said the joint venture with Brady would develop the site into residential, commercial and office space and a hotel.

Read more: http://www.afr.com/real-estate/commercial/development/hiap-hoe-shares-th...
Follow us: @FinancialReview on Twitter | financialreview on Facebook

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Adrian's picture
#60

This makes total sense - Brady's development plans for their next 2 projects on Queen & Lt.Lonsdale St's were obviously totally screwed by Wynnes new planning rules rendering those sites all but useless to a developer so they've managed to get on board for a ready to go major project already approved, taking the development & building burden off Hiap Hoe.

Conveniently their sales office is already setup across the road just waiting for another big project to replace the model of Vision currently sitting there, let's hope they're as aggressive with this one as they have been with all their other projects.

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shky's picture
#61

any updates on this project?

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Adrian's picture
#62

Unless Brady have been hiding something I'd be placing bets on this being err .. this !!

CBD | 380 Melbourne | 380 Lonsdale Street | 213m & 166m | 70L & 55L | Mixed Use

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melbourne's picture
#63

Brady beefs up with big project in downtown Melbourne

Brady Property Group will take full control of a $500 million residential high-rise development in central Melbourne, by buying out its Singapore-listed partner on the project.

The Melbourne-based private developer had joined Singapore's Hiap Hoe as a minority partner on the hotel and apartment project only in January.

Hiap Hoe has now struck a deal to exit the project entirely through a $60 million deal with Brady.

The two developers have an agreement for the site, now a seven-level carpark at 380 Lonsdale Street, to be sold to Brady.

Under the arrangement, Brady is due to complete due diligence in mid-April. All going to plan, settlement will take place at the end of July.

The boards of both groups are yet to give final approval to the deal.

The 380 Lonsdale Street project has approval for two towers on a 3165 square metre site Hiap Hoe bought in 2013 for $43.8 million.

The towers, of 68 and 52 levels, rise from a seven-level podium. The Elenberg Fraser design comprises 616 residential units and another 112 premium apartments.

Read More: http://www.afr.com/real-estate/commercial/development/brady-beefs-up-wit...

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Qantas743's picture
#64

Hmm.

On the one hand it's almost certain to proceed now but on the other it's Brady.

Hopefully they don't summon their architects to mess around with the design.

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melbourne's picture
#65

Another article - nothing new:

Hiap Hoe sells Lonsdale St tower

Singapore-listed company Hiap Hoe has sold a tower in Melbourne’s Lonsdale Street to local developer Brady Property Group and ended talks on a proposed joint venture that would have seen the pair undertake a $500 million project together.

Hiap Hoe said it had entered a heads of agreement to sell 380 Lonsdale Street to Brady. Once due diligence is completed it will exit the property it bought in 2013 for $43.8m.

Last December, Hiap Hoe struck up a venture deal with Brady to develop two towers on the site but they mutually agreed to end the tie-up.

http://www.theaustralian.com.au/business/property/hiap-hoe-sells-lonsdal...

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Adrian's picture
#66

Friend of mine spoke to Brady today they said this should launch in a month or so ..

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Adrian's picture
#67

Here we go ...

CBD | 380 Melbourne | 380 Lonsdale Street | 213m & 166m | 70L & 55L | Mixed Use
CBD | 380 Melbourne | 380 Lonsdale Street | 213m & 166m | 70L & 55L | Mixed Use

www.380lonsdale.com.au

CBD | 380 Melbourne | 380 Lonsdale Street | 213m & 166m | 70L & 55L | Mixed Use
CBD | 380 Melbourne | 380 Lonsdale Street | 213m & 166m | 70L & 55L | Mixed Use

No change at the Brady display suite on Little Lon yet but I'm sure it's coming ..

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Qantas743's picture
#68

Thank God - on paper - they appear to be going with the approved design.

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Adrian's picture
#69

Qantas they ain't gonna change it now with that render and especially running foul of the new planning restrictions.

Relax it's gonna go ahead as is.

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pdoff's picture
#70

One silver lining of the new planning restrictions would be that the odds of going ahead have improved for every approved and appealing tower like this.

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Qantas743's picture
#71

Advertising hoardings (erected last week) have been painted over and website has been taken down.

Read into that what you will.

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Rohan Storey's picture
#72

If I havnt said this already im just afraid that the actuality will be far less shiny and dynamic than the rendering -like Abode in Russell, and the avenue in Sth Yarra - both clunkier and far less exciting than the renders implied; in this one if the windows are at all transparent instead of mirrored, then the shapes will be undermined by opened windows, different lighting behind them, not to mention the angle of the sunlight, and perhaps by clunky window frames. Frameless mirrored glass like the Balencia in St Kilda Rd is by far superior. The same goes for all the EF shapes yet to rise about town.

Lookingupatbuildings

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Garmatt's picture
#73

The street-scape this length of Elizabeth - particularly looking across from Emporium or from the Melbourne Central skybridge - needs this building. I hope (a) it goes ahead, (b) they get it right........

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melbourne's picture
#74

Website up and running: http://380melbourne.com.au/

CBD | 380 Melbourne | 380 Lonsdale Street | 213m & 166m | 70L & 55L | Mixed Use

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Michael Berquez's picture
#75

The street level activation and podium of this building is stuinning. Love it.

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Qantas743's picture
#76

Woohoo!

What a relief. Was starting to get worried about this one.

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