Another luxury residential development looks set to grace St Kilda Road with one of the boulevard's long standing office buildings set to make way for a mixed-use tower. Plans for the $155 million project show 424-426 St Kilda Road receiving a typically restrained and elegant Bates Smart-designed building consisting of both private and serviced apartments.
Lodged with Port Phillip mid year, the development team have since responded to council's request for further information for the project which holds a prominent corner position.
Given the site's size at 4,650sqm its use as a commercial building has allowed for large floorplates, although the trend of residential conversions along St Kilda Road suggested the relatively modest six level commercial building's days were numbered. Offered for sale some years ago the site was reportedly purchased by Chinese investor Lixin Chen for $45 million at the time, with the developer now listed on the planning application as CBD-based [email protected] Pty Ltd.
The proposed new mixed use building has been designed by Bates Smart Architects and will contribute to the evolving character of the western side of St Kilda Road through a design response of an exceptionally high architectural quality. The design will be complementary to the existing character of St Kilda Road and will be respectful to the adjoining properties that surround the subject site.
The survey provide by Madigan’s Surveyors confirms the overall height of the proposed building at 65 metres AHD is in compliance with the shrine vista height control formula.
The overall formal strategy is conceived as a series of stacked objects. The tower mass is lifted off the podium and adopts an exuberant form that opens the premium residential levels up to views and natural light. It celebrates the development’s corner position as a continuous fluid form with ends that from views to the north and east. The tower facade is comprised of a larger grid order with an infill of delicate screensUrbis & Bates Smart: Town Planning Report
Residential amenity is also high with ground level facilities including a central garden, gym, pool, spa and sauna while level 8 features a roof terrace with outdoor landscaped space, shaded garden, an indoor dining space and kitchen.
424-426 St Kilda Road continues the steady decline of office space along St Kilda Road for the sake of luxury apartment developments. St Kilda Road has averaged one premium development per year over the past decade, with projects such as Yve, Balencia and Lucient considered some of Melbourne's finest apartment developments.
This of course does not take in to account surrounding strips such as Albert Road or Queens Road which are also in demand as high-rise residential locations, and which have also seen numerous apartment buildings added in recent years.
As for the current crop along St Kilda Road, Golden Age Group are at the forefront with Opera at sales and the former St Kilda Road Police Complex also in their keeping for a residential development. New Charsfield and The Fawkner are also at sales while 609 St Kilda Road and 619 St Kilda Road hold approval.
Rounding out the list is Parque and which is under construction.