Future Estate

Pentridge's silver tower heralds further change within the historic precinct

After years of inactivity and stalled projects, Pentridge's rebirth is gathering momentum, headlined by a proposed all-silver tower put forward by Shayher Group and Cox Architecture. After Shayher Group's announcement last year that TFE Hotels was secured as operator of an onsite Adina Apartment Hotel complex , the intended redevelopment has since been lodged with planning authorities, with the expected outcome a new 18 storey tower. Partly set...

Pentridge reborn: what Coburg Quarter holds for the public

Signifying the rebirth of one of Melbourne’s most expansive regeneration sites, developer Future Estate is pressing ahead with plans for the former Pentridge Prison, soon to be known as Coburg Quarter . The $1 billion Pentridge masterplan received approval from the Victorian Government and local Council late last year. With the approved masterplan also came the expectation that Future Estate could deliver a higher calibre of public space...

Future Estate: The future of Pentridge Village

It was reported last week that developer Future Estate is the successful new owner of a vast tract of development land within Pentridge Village. Expected to fetch $30 million via a sales campaign held by CBRE, the final price tag was a reported $27 million. And for that price Future Estate now holds land reserves totalling approximately 41,000sqm, located 7.5 kilometres from the CBD. Covering twelve separate sites with the largest at 5,591sqm,...