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Nicholas Harrison's picture
#27

City of Port Phillip and local member Martin Foley are pushing for the interim controls to be expanded to Fishermans Bend Soon including a lower plot ratio, a mandatory 10m setback from all boundaries for towers and a mandatory 20m separation distance between towers.

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Mark Baljak's picture
#28

any source online on this?

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Nicholas Harrison's picture
#29

There is a motion going up to the Port Phillip City Council meeting to be held tonight.

Many Councils will now be lining up to get mandatory controls they have been denied in the past or haven't bothered asking for. Many Councillors are also asking why their activity centers don't have plot ratios.

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3000's picture
#30

So long as the proposals are of high quality and give back in terms of public space/human friendly podiums I don't see what heir problem is.

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melbourne's picture
#31

Developers to flip massive Fishermans Bend site with $60m hopes

Melbourne developer Bill McNee and his investment partners are looking for an early pay day after deciding to flip rather than develop one of the biggest development opportunities in the Fishermans Bend urban renewal precinct.

The near one hectare site at 60-82 Johnson Street, which in May received approval from Victorian planning minister Dick Wynne for more than 1300 apartments across four towers, is expected to fetch more than $60 million - six times what it last sold for as an industrial property two years ago.

Mr McNee, who runs prominent developer Vicland Corporation, acquired the 9776 sq m site from the Kennard family, founders of the corporate hire company, for $10.1 million in September 2013 through investment vehicle Maxvic Holdings.

Read more: http://www.afr.com/real-estate/developers-to-flip-massive-fishermans-ben...

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Qantas743's picture
#32

What a disaster.

If they restrict development in activity centers across Melbourne to the extent that they have in the CBD, combined with the neighbourhood residential zones, Melbourne will easily become the most restrictive city in Australia to develop housing and apartments.

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Adam Ford's picture
#33

Unless you happen to be able to work within plot ratio and setback requirements, in which case there's been no restriction on development in the CBD, only the built form that development can take. And it's all going to be reviewed in 12 months time with a specific view to seeing whether it's actually impacted construction, development, whatever other sane metrics are going to be looked at.

The Henny Pennying over this is ridiculous. There is no way this government is going to enact policies to significantly constrain housing supply over even the short-medium term, given they know what the State's biggest near-term challenge is. So. NEWSFLASH: There's going to be a pause in skyscraper construction after the biggest boom in the city's history. The CBD rental market is going to move to oversupply at the tail of this and there will be a market correction. All of which you will claim was deliberately engineered by Richard Wynne. See if you can work the CFMEU into it somewhere ...

NRZs on the other hand are here to stay. Thanks, 'Mr Skyscraper'.

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Danny Boy's picture
#34

Split the scheme in half for different developers?

FISHERMANS BEND ZONE | 60-82 Johnson Street | 158m | 53L | Mixed Use

http://www.realcommercial.com.au/property-land+development-vic-south+mel...

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Mark Baljak's picture
#35

I see the great podium got trashed

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Mark Baljak's picture
#36

Fishermans Bend megasite back on the market

Melbourne developer Bill McNee is chasing an early payout after putting a megasite in Fishermans Bend back on the market for a second time rather than developing it.
Mr McNee and his investment partners gained planning approval for 1300 apartments across four towers on the huge 9776-square-metre block at 60-82 Johnson Street that they acquired through Vicland Corporation for $10.1 million in September 2013 from the family that founded hire company Kennards.
The site has been newly listed via agents Dawkins Occhiuto and Colliers International after a previous attempt to offload it through Savills Australia last year failed to find a buyer.
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Vicland signed a contract of sale for the site soon after purchasing it with Hong Kong-listed, Guangzhou-based R&F Properties subject to receiving development approval but the deal, believed to be for close to $70 million, fell over when the site failed to get a permit within the required time.

Read more: http://www.theage.com.au/business/property/fishermans-bend-megasite-back...

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Mark Baljak's picture
#37

Thread clean up to reflect lower height
FISHERMANS BEND ZONE | 60-82 Johnson Street | 158m | 53L | Mixed Use

Also a mid block passage as part of splitting up the site
FISHERMANS BEND ZONE | 60-82 Johnson Street | 158m | 53L | Mixed Use

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3000's picture
#38

Seems so far Fishos is getting rest applications but where is the rest of the stuff that won't make this feel like every other "new" expansion project outside of the CBD?

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Qantas743's picture
#39

Looks like this one is going ahead. Bought by Salvo.

Fishermans Bend precinct: Four-tower apartment complex set for Melbourne’s newest suburb

http://www.heraldsun.com.au/news/victoria/fishermans-bend-precinct-fourt...

A FOUR-tower apartment complex with shops and ­offices is set for inner ­Melbourne’s newest suburb.

More than 1300 units will feature in buildings up to 46 storeys high at the Fishermans Bend urban renewal precinct.

It’s believed that Salvo Property Group paid more than $40 million for nearly a hectare of land with a permit at 60-82 Johnson St.

Daniel Wolman, from real estate agent Colliers International, said it would be one of the biggest mixed-use developments in the precinct.

“Salvo’s success in Southbank will continue in Fishermans Bend, bringing not only residential apartments to the area, but also supermarkets, retail shops, offices and other amenities,” he said.

“The precinct is set to be Melbourne’s next hot spot, located less than 3km from the CBD.”

Comprising five precincts including parts of South Melbourne and Port Melbourne, Fishermans Bend spans 491ha and is expected to house 80,000 people and host 60,000 jobs by 2050.

Designed by architects Rothelowman, the Salvo development will comprise towers of 46, 43, 27 and 21 levels. The higher towers will offer views of the CBD, Southbank, and Port Phillip Bay. Mr Wolman said the scale and prominence of the project had attracted much domestic and offshore interest.

“We were managing interest and offers from several Asian developers, particularly from China, Malaysia and Singapore,” he said.

“However, the local developers saw the potential in this premium inner-city location immediately, which is testament to the strength of the Melbourne market.”

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Dan Z's picture
#40

I believe it’s now broken ground, few excavators on site

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