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480 New Apartments For Our Fast-Growing City

Planning Minister Richard Wynne has given the green light to another three apartment projects, equating to almost 480 new apartments around inner Melbourne.

The mix of one, two and three-bedroom apartments are in projects around the growing areas of Fishermans Bend, the CBD and Footscray.

The heights had been reduced across the three projects in keeping with the planning controls for each site, allowing for much-needed accommodation near the city without overwhelming streetscapes.

In Port Melbourne, a 98-apartment project with space for cafés, restaurants and offices has been approved for Ferrars Street, adding to the revitalisation of the Fishermans Bend precinct.

The $30 million project was reduced from 25 to 20 storeys, minimising overshadowing.

Detailed planning for Fishermans Bend is underway, including designs for the proposed Ferrars Street school.

In Footscray, a $35 million development has been approved in Buckley Street. The 150-apartment project includes two towers, 10 and 12 storeys, reduced from the proposed 16 storeys in keeping with surrounding height limits.

The project will replace a single-level commercial building, reflecting the long-term goal for this part of Footscray to be developed into a thriving activity centre.

In the CBD, Grocon has redesigned their plans for 85 Spring Street in the city, reducing their original proposal from 44 to 39 levels.

Mr Wynne said the negotiated changes reflected the significance of the site’s location on Spring Street, and would reduce overshadowing around Parliament and the Old Treasury Building.

The three projects are in addition to the 16 developments Mr Wynne has approved in the past six months.

With Victoria now the fastest-growing state in the country, Mr Wynne said planning and housing policies to manage growth would be vital to Melbourne’s long-term liveability.

Facts:
85 Spring Street, Melbourne

  • Approximately 230 apartments, 39-storey tower
  • Mix of one, two, three and four-bedroom apartments
  • Development value: $350 million
  • Developer: Grocon
  • Architect: Denton Corker Marshall

171-183 Ferrars Street, South Melbourne

  • 98 apartments, 20 storey tower
  • Mix of 1, 2 and 3 bedroom apartments
  • Development value: $30 million
  • Developer: One Eight One Pty Ltd
  • Architect: Denton Corker Marshall

26-34 Buckley Street, Footscray

  • 150 apartments across two towers, 10 and 12 levels
  • Five townhouses
  • Development value: $35 million
  • Architect: Rothe Lowman

Source: News Release, Victorian Government, 8 July, 2015

http://www.premier.vic.gov.au/480-new-apartments-for-our-fast-growing-city