Colliers

Lorimer Street residential towers draw closer to launch with construction tender announced

Melbourne builders will begin running the ruler over one of 2018's largest construction tenders. Activated last week, the tender is for the delivery of two residential towers across 85-93 Lorimer Street which combined have the potential to add 940 approved apartments to the skyline. The sizeable site behind Mirvac's Yarra's Edge spans 8,847 square meters and is adjacent to a new tram corridor that is currently being studied as part of the...

A Southbank super site goes to market

The owners of the site with a permit to build the 55 Clarke Street project have put the site up for sale through Colliers International. In 2016 when we profiled the project , the 1,787 square metre site originally had a proposal for 73 levels that included 112 hotel suites and 512 apartments across all three main apartment configurations. Developer Newcity Group also engaged Ellenberg Fraser to design a tower that also included 120 car spaces...

Woodlink double up for their Melbourne debut

Three years after making moves to enter the Melbourne property market, developer Woodlink is poised to realise two significant projects. Active in southern China, Woodlink turned its attention to Melbourne three years ago with intentions of developing sites in both East Melbourne and St Kilda Road. Lodged with Port Phillip during mid 2015, 424-426 St Kilda Road's pending sales launch as Illoura House heralds another luxury residential...

Buy this, sell that; Fishermans Bend begins to run hot

What seemed like a relative lull in activity within Fishermans Bend has been busted in recent weeks as the Urban Renewal Area experiences an intense period of development activity. Land transactions lead the way with a host of sites capable of accommodating developments of various sizes on the market. As many as a dozen sites within Fishermans Bend are currently offered for sale, signalling a spike in activity within the precinct which has seen...

Opportunity arises from a failed Digital Harbour development

The commercial sector's apparent disinterest in the western end of La Trobe Street has given rise to one of Melbourne's premier residential development sites. At the foot of Victoria Harbour, 1000 La Trobe Street has emerged as The Millennium Site, a 6,007sqm land holding with the ability to hold approximately 600 apartments. Land owner Digital Harbour Holdings has chosen to sell the prime site following years of staggered activity within their...

8 Bouverie Street a giant amongst Melbourne development sites

The focal point of Carlton's former CUB Brewery site has been placed on the market after CEL Australia elected to move on the approved development scheme rather than develop the asset. Situated over 2,927sqm, yet part of the larger brewery site spanning an entire block, 8 Bouverie Street is the marquee portion of the urban renewal project. Representing the largest permitted apartment development site offered for sale since 2013, 8 Bouverie...