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DOCKLANDS | 889 Collins Street | 31L & 25L | 90m & 73m | Residential

Mark Baljak wrote on Wed, 12/11/2014 - 06:08

Not sure if Nick started a thread somewhere already?

Lend Lease plans $600m apartment development in Docklands

Lend Lease has submitted plans to build a huge $600 million waterside complex of 1070 apartments in two twin towers at Docklands on a strip of land between Collins Street and the Yarra River.
The towers mark the end of development at Lend Lease's $4.5 billion Victoria Harbour precinct. Lend Lease won the right to develop the precinct in 2001.
Victoria Harbour is home to a slew of corporate tenants, including ANZ, NAB, Ericsson and Myer, and several other residential buildings housing more than 800 people.
Planning documents show the new complex, to be called Waterside Place, will boast two north and two south towers – the northern towers reaching a maximum height of 90 metres; the southern towers 73 metres. They will sit on 19.5-metre podiums.
One set of towers will be built on a parcel of land between Tom Thumb Lane and Waterside Place and will have 539 apartments. The other set will be built next door on Seafarer Lane and will offer 531 apartments.
Most of the apartments will be a mix of one-bedroom units; one bedroom and a study; or two bedrooms. Each unit will have a balcony big enough for a table and two chairs. The top three levels will have a tapered setback and will be reserved for 56 larger three-bedroom apartments.
Car parking for 748 cars is projected to take up the six floors of the buildings' podiums

Nicholas Harrison wrote on Thu, 11/12/2014 - 00:48

Larger renders:

Peter Maltezos wrote on Thu, 11/12/2014 - 07:59

^^ Nice, like the subtle waves on the exterior.

I collect, therefore I am. thecollectormm.com.au

Melbman wrote on Thu, 11/12/2014 - 19:13

They are ok, but still seem a poor outcome for such a prominent location.

Ryan Seychell wrote on Fri, 30/01/2015 - 13:43

888 Collins must have sold pretty well: http://www.889collins.com.au/

Melbman wrote on Sat, 31/01/2015 - 14:06

^^ Not a bad outcome.

Has the inlet where the tall ship was going to go been removed from the plans for that area? It seemed to be a good outcome, with the square there.

It seems though that over time the road network has been redesigned around the square so that may have prompted the change.

Laurence Dragomir wrote on Sat, 31/01/2015 - 15:11

I wouldn't read too much into the render beyond the towers themselves.

johnproctor wrote on Wed, 18/03/2015 - 12:03

article in yesterdays AFR quoted Lend Lease property development boss saying this development is 65% sold..

'Lend Lease... has taken deposits on about 65% of its 539 unit 889 Collins Street development.'

Mark Baljak wrote on Wed, 18/03/2015 - 12:13

nuts how these projects sell with total ease...

#10

Melbman wrote on Wed, 18/03/2015 - 17:09

Thats insane.

For an apartment market that so many "experts" have talked down for so long, its just incredible just how well some of these developers are doing,

#11

Alastair Taylor wrote on Fri, 12/06/2015 - 11:39

Media release today sent out stating Wynne has approved this.

#12

Peter Maltezos wrote on Fri, 12/06/2015 - 22:45

http://www.premier.vic.gov.au/labor-encouraging-development-boosting-jobs

Labor Encouraging Development, Boosting Jobs

Friday 12 June 2015

Minister for Planning, Richard Wynne, announced the milestone at the site of a new apartment project in the Docklands on Friday. Its construction is worth $190 million.

This takes the construction value of projects approved under the Andrews Government to $2.8 billion in its first six months – putting the Government on track to beat the $4 billion approvals record set in 2014.

This week’s approval is a four-tower Lend Lease project that will include 1064 apartments, plus retail and office space. It will have an end value of $720 million.

I collect, therefore I am. thecollectormm.com.au

#13

Ryan Seychell wrote on Sun, 14/06/2015 - 11:14

Lend Lease apartments sold in a flash
by Nick Lenaghan

Lend Lease had already sold down the vast majority of its next $750 million thrust of residential development in Melbourne's Docklands by the time Victoria's Planning Minister Richard Wynne gave his approval for the towers on Friday.

The two projects at 883 and 889 Collins Street will overlook the Yarra River, at the point where the extensions of Collins and Bourke Streets – which run parallel through the old city grid – curve into Docklands and finally intersect.

In all, four towers will rise from the two neighbouring projects, comprising 1064 apartments.

Even before Mr Wynne gave his assent to the projects, Lend Lease had provisionally sold 70 per cent of the units, which range in price from $395,000 to $1.8 million.

With the cool river breeze at his back, Mr Wynne gave testament to the strength of Melbourne's hot apartment market.