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melbourne's picture
#27

Demolition is well underway on the site of the new school at 129-161 Ferrars St. Not sure if there are any plans for actual construction yet though?

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Mark Baljak's picture
#28

295 City Road is 261 metres in height, courtesy of Crone Partners

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melbourne's picture
#29

ABC:
SOUTHBANK - SOUTH MELBOURNE | Smaller Projects, General News and Discussion

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Danny Boy's picture
#30

Regent Sqaure @ 207 - 229 City Road, Southbank

http://www.regentsquare.com.au/

SOUTHBANK - SOUTH MELBOURNE | Smaller Projects, General News and Discussion

SOUTHBANK - SOUTH MELBOURNE | Smaller Projects, General News and Discussion

SOUTHBANK - SOUTH MELBOURNE | Smaller Projects, General News and Discussion

SOUTHBANK - SOUTH MELBOURNE | Smaller Projects, General News and Discussion

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Mark Baljak's picture
#31

^^ soft marketing started in the last couple of weeks

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melbourne's picture
#32

would look a bit better if they covered up the core with a nice green wall or something.

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johnproctor's picture
#33

,doesn't city of melbourne control this site? Shouldn't we have ended up with a better design as a result?

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Peter Maltezos's picture
#34

^^ Ever heard the saying Do as we say, not as we do?

 I think it applies here.

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

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Mark Baljak's picture
#35

concept for 268-274 City Road

To be sold with a proposed development scheme for 527 apartments over 61 levels (STCA) produced by renowned architects RotheLowman

SOUTHBANK - SOUTH MELBOURNE | Smaller Projects, General News and Discussion

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Mark Baljak's picture
#36

ABC Southbank design that didn't make it

SOUTHBANK - SOUTH MELBOURNE | Smaller Projects, General News and Discussion

SOUTHBANK - SOUTH MELBOURNE | Smaller Projects, General News and Discussion

SOUTHBANK - SOUTH MELBOURNE | Smaller Projects, General News and Discussion

SOUTHBANK - SOUTH MELBOURNE | Smaller Projects, General News and Discussion

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melbourne's picture
#37

Central Equity's 1-11 Balston Street has been given a notice of decision:

http://dsewebapps.dse.vic.gov.au/DSE/Planning/PHBPPAT.nsf/InternetAppLis...

SOUTHBANK - SOUTH MELBOURNE | Smaller Projects, General News and Discussion

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melbourne's picture
#38

Can see Orbis, shining in the sun:
SOUTHBANK - SOUTH MELBOURNE | Smaller Projects, General News and Discussion

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Mark Baljak's picture
#39

Wall of towers to line West Gate Freeway

A great wall of skyscrapers will hug the West Gate Freeway at Southbank after yet another site abutting the busy thoroughfare sold to a developer.

A low-rise building at 42-48 Moray Street, on 972 square metres and currently dwarfed by the imposing freeway overpass, is expected to make way for a 50-plus level tower in the medium term.

The CBRE deal, estimated to be worth about $14 million, values the land at about $14,400 per square metre, considered healthy given the site was not offered with a redevelopment permit.

By comparison, nearly six years ago, a similar-sized block in nearby Haig Street, exchanged for $5300 per square metre. That site has since made way for the 52-level Tiara building.

Last year, a 940-square-metre block at 84-90 Queensbridge Street sold for $22 million, or just over $23,400 per square metre of land. Abutting the Kings Way overpass, it was offered with a permit for a 54-level building.

In the 2013 economic downturn, however, a 1455-square-metre Southbank site abutting the West Gate at 42-48 Balston Street sold for $6.9 million, representing $4742 per square metre.

Freeway commuters will notice that site making way for The Marco, which will offer some 350 flats in two towers rising 37 and 27 levels.

Also on sites adjacent to the freeway, plans are also afoot to build a major residential tower at 342-346 City Road – currently the Urban Central Budget Accommodation backpackers, but which sold to a developer recently and has been the subject of a planning application.

What may be the freeway precinct's biggest development is earmarked for a two-hectare block also bound by Balston, Kavanagh and Power streets, which sold to Malaysian builder PJ Development Holdings for $145 million last June.

Fifteen years ago this block was permitted to become five mid-rise office buildings. It is now expected more than six towers of over 80-levels could replace the open-air car park.

Also abutting the West Gate Freeway at Southbank, Savills has just sold a 190-square-metre site at 35-37 Hancock Street for a price speculated at nearly $3 million.

The agency has also recently listed a 168-square-metre block at 11-13 Hancock Street, with a permit for a 33-level residential building. This site is next door to the 42-48 Moray Street block which just sold.

CBRE agents Josh Rutman, Mark Wizel and Tom Tuxworth, agents on Moray Street, declined to comment on any part of the deal when contacted.

According to CBRE research, more than $130 million in major Southbank development sites exchanged last year.

At the end of 2013, Singapore developer Aspial Corporation paid $42 million for a 2642-square-metre block at 70 Southbank Boulevard, with a permit for a 100-level apartment and hotel building which upon completion will be the country's tallest residential skyscraper.

http://www.theage.com.au/business/wall-of-towers-to-line-west-gate-freew...

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Melbourne Muse's picture
#40

"It is now expected more than six towers of over 80-levels could replace the open-air car park."

Anyone got any goss yet?

Marvelous Mega-Melbourne

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Mark Baljak's picture
#41

I'd say six towers of up to 80 levels could be the go

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Nicholas Harrison's picture
#42

Central Equity are already marketing 1-11 Balston Street:

SOUTHBANK - SOUTH MELBOURNE | Smaller Projects, General News and Discussion
SOUTHBANK - SOUTH MELBOURNE | Smaller Projects, General News and Discussion

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3000's picture
#43

*rolls eyes*

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Mark Baljak's picture
#44

SOUTHBANK CONQUEST

An investor has snared a future development around the Crown Casino in Southbank, which was offered with a planning scheme for an apartment building with 60-plus levels.

The 268-274 City Road property sold for more than $20 million, according to sources, following a campaign managed by Luke Conquest, whose office was recently rebranded Conquest Estate Agency.

On 1431 square metres, the site amalgamates three properties, including one leased to nightclub the Fabrique Bar. The sale price is considered healthy, given two of the properties have leases active for up to seven years, limiting short-term development potential.

Mr Conquest confirmed the sale but declined to comment on any other part of the deal.

The property is across the road from an eight-level Crown Casino car park, meaning future occupants of any proposed tower at 268-274 City Road will enjoy north-facing view security of the city skyline (unless the casino ever takes advantage of its airspace).

Mr Conquest's sale comes months after he sold a 1109-square-metre block at 81-87 City Road for $18 million to a builder. Last week, following a campaign by another agency, a developer paid a speculated $14 million for a 972-square-metre site at 42-48 Moray Street, Southbank.

Nearby, a 1280-square-metre site at 295 City Road is the subject of an 81-level, 532-unit residential planning application.

http://www.theage.com.au/business/capital-gain-duke-of-kent-hotel-to-be-...

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Mark Baljak's picture
#45

25 coventry street - SJB

SOUTHBANK - SOUTH MELBOURNE | Smaller Projects, General News and Discussion

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Mark Baljak's picture
#46

Meanwhile, this week, across the West Gate Freeway in Southbank, local developer Salvo Property Group has purchased a 632-square-metre site at 39-51 Hancock Street, on the corner of Clarendon Street.

Acquired by VicRoads in the 1970s for the construction of the West Gate Freeway, which the site also abuts, the block is expected to make way for a 50-plus level skyscraper. In Southbank, Salvo has recently been replacing the former Crazy John headquarters with flats.

Savills' Nick Peden and Clinton Baxter marketed the Hancock Street site.

http://www.theage.com.au/business/consortium-buys-42m-fishermans-bend-si...

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Nicholas Harrison's picture
#47

Can't remember if this has been posted before:

SOUTHBANK - SOUTH MELBOURNE | Smaller Projects, General News and Discussion

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Mark Baljak's picture
#48

^^^ concept for owner who has held the site since before the cas was built. scheme has gone to gov't for consultation resulting in altered ground level etc

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Nicholas Harrison's picture
#49

Perfect site for a supertall.

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Mark Baljak's picture
#50

'Underperforming' roads to be ripped up and turned into parks

Southbank Boulevard could be turned into the city's largest linear park, as strips of "underperforming" roads are ripped to create more open space in the inner city.

The Melbourne City Council expects to spend $15 million over three years building new gardens on land occupied by surplus roads, roundabouts and car parks.

Lord mayor Robert Doyle said this policy of turning "grey into green" could save the council millions – because it would have cost them more than $225 million to purchase land for the new parks outright.

This year the council will begin work at a new park near North Melbourne Station, where a section of Railway Place is set to be dug up. Similar changes will be carried out at Kensington Station, with plans to block off a stretch of Eastwood Street and plant it with grass and trees.

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But council's environment chair Arron Wood said the most exciting plan was for an enormous stretch of Southbank Boulevard. "The opportunity there is going to be incredible, potentially the Melbourne's largest linear park," he said.

It is understood the council is considering closing down half of the road from St Kilda Road to the Crown Casino car park, resulting in a one-kilometre-long green space.

http://www.theage.com.au/victoria/underperforming-roads-to-be-ripped-up-...

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Chris Seals's picture
#51

Very difficult process,denying certain buildings access is not a solution, access would be denied to a hotel on one side and apartments on the other, like to see the plans before I made my mind up, great idea, but not practical. And what would happen to 108, where its vehicle entrance would be on the boulevard.

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