New planning applications come flooding in
There's nothing like a new levy to flush out a multitude of fresh planning applications, all seeking to avoid the financial imposition which came into effect on Wednesday of this week.
The Metropolitan Planning Levy sees all planning permit applications for developments in metropolitan Melbourne with an estimated development cost of over $1,000,000 attract a $1.30 levy for every $1,000 of the estimated cost of the development. A full description of the levy was previously provided by James Lofting of HWL Ebsworth Lawyers.
In recent days there's been a rash of new applications throughout metropolitan Melbourne, with the most notable suburban project lodged this week found at 830 Plenty Road, Reservoir. Holding in excess of 300 apartments over four buildings, the project's submission prior to July 1st has saved developer Ouson Group in excess of $100,000 according to Principal Architect Mel Gawi of Architeria Architects.
While notable project submissions have been spotted throughout Melbourne this week, the real action occurred in close proximity to the big smoke with no less than 18 major planning applications lodged on either Monday or Tuesday of this week. Major applications in that they landed on the State planning register, inferring that aside from Fishermans Bend all the proposals are in excess of 25,000sqm GFA.
Seen above is a map marking the 18 major applications submitted earlier this week, with a distinct bias toward Normanby Road, South Melbourne. Seven projects line the Fishermans Bend thoroughfare, with the name Paul Little appearing on six of the seven applications. Planning & Property Partners are handling the six applications at this point which if approved would add to the already popular pocket of Fishermans Bend.
Fishermans Bend aside the remaining projects are spread almost evenly between Melbourne's CBD, Southbank and Docklands.
Already in the spotlight
The above images are by no means definitive, but give a fair indication as to what two of the eighteen planning applications will resemble. Currently located within 135 Sturt Street, architecture firm Hayball have conceived a residential tower to replace their offices at the Southbank address, while Urban.com.au reported on Besgate Group's plans to deliver a sizeable tower at 640 Bourke Street during May. Both sites respective planning permit applications were lodged on Tuesday.
Elsewhere Docklands News is reporting that Capital Alliance Investment Group is seeking approval for separate towers at 26-38 Pearl River Road and 3-43 Waterfront Way. With the group's current M Docklands build topped out, the South Wharf-based developer is seeking approval for a 36 level residential/hotel building and a 30 level residential apartment building close by. Both applications were also submitted on Tuesday.
One of Melbourne's most prolific developers, Central Equity have also sought to shore up its future residential stock with two new proposals on Southbank. 268-274 City Road and 71-87 City Road are set for redevelopment ,with the latter which is located directly behind Eureka Tower slated for a 67 level residential tower; the first such time Central Equity has sought to push beyond a tower of 200 metres in height.
Most notable of the remaining applications is 162-188 Turner Street Port Melbourne where six towers are seeking approval while AZX Australia has weighed into the CBD with a sizeable proposal at 183-189 . This follows from the recent launch of their maiden Victorian project which sees 968 apartments earmarked within Footscray's Joseph Road Precinct under the moniker Riverina.
In due course Urban.com.au will endeavour to cover all the above projects in detail.
Lead image courtesy stuffpoint.com.