Images © Hayball/Oculus
immediate context with four tower development next door by Rothe Lowman
ground + podium landscape
More than 2800 apartments to be built at Fishermans Bend
MICHELLE AINSWORTH HERALD SUN SEPTEMBER 03, 2014 10:23PM
MORE than 2800 new apartments will be built in Fishermans Bend following approval of five planning permits.
Planning Minister Matthew Guy has approved the construction of 11 towers in the Montague precinct of the area, between Southbank and South Melbourne.
The five permits relate to four sites on Buckhurst and Gladstone streets, South Melbourne, and a 40-storey tower in Normanby Rd, Southbank.
The Government had set aside 240 hectares south of the Yarra River for urban renewal.
“Fishermans Bend will be a key driver of Melbourne’s strength and liveability over the coming decades,” Mr Guy said.
The construction is worth $738 million and the developers will have to pay more than $44 million to the government in development contributions.
Six towers will be built on Buckhurst St, four of which will be 27 to 30 storeys.
Another four towers will be built on Gladstone St, all up to 30 storeys.
Read More: http://www.heraldsun.com.au/news/victoria/more-than-2800-apartments-to-b...
Heights for these in the report are:
15-87 Gladstone Street 1: 30,95
15-87 Gladstone Street 2: 27,87
15-87 Gladstone Street 3: 27,87
Let the flipping begin!
another permit down there has been bumped from 40 top 60 plus levels with the intent to sell
looks like it's sold
bung some new renders in the thread
>> EDIT <<
May just remove these particular renders - not sanctioned by the development team
That last render is in completely the wrong position.
Chip Eng Seng on song
Singapore-listed developer Chip Eng Seng has bought a development site in South Melbourne as it looks to cash in on demand for more apartment projects.
The company has just contracted to buy a site for $52 million through a newly incorporated subsidiary, CES Gladstone. The proposed development would be worth more than $400m as it could comprise 730 units.
Chip Eng Seng is buying the site via a direct deal with Melbourne-headquartered BPM Corp, the Australian developer founded by Jonathan Hallinan.
Speaking exclusively to The Australian yesterday Mr Hallinan said he bought the site about a year ago for slightly more than $37m, when it was offloaded by MAB Corp.
He said Chip Eng Seng’s price “was a price that we could not say no to”. Mr Hallinan said he had spent little on the site that he bought with a development permit in place. There were other apartment sites available in Melbourne, which were more suited to his ultra luxury apartment brand, he said.
Situated at 15-85 Gladstone Street in South Melbourne, the 5984sq m site is in the Fishermans Bend urban renewal area 10km from Melbourne’s city centre.
After buying the site BPM amended the development proposal adding more apartments to the project.
Good oil suggesting sales launch late in 1st quarter of next year
At sales now (At least Tower 1 is):