Add articles to your saved list and come back to them any time Controversial somethings many people don’t want in their own ’hood – high-rise apartments Southbank’s high-rises aren’t just any high-rises. One, Australia 108, is 100 storeys and the tallest building in the land if you’re measuring to roof height rather than the tip of some fancy spire. Eureka Tower nearby with a public viewing platform on the 88th floor because you could do grave structural damage.) When I moved back to Melbourne in the noughties after years of living in Hong Kong flats at least 20 floors up I knew that being so close to the planet’s surface that I could open my door and step straight out onto it without a lift ride wasn’t for me Despite having grown up on a standard quarter-acre block in Melbourne’s north, I have had a fascination with high-rises for as long as I can remember. Seven-year-old me thought the city’s public housing towers were the place to be. My favourite children’s book is about a dressing-gown-clad elephant named Uncle whose home is akin to 100 interconnected skyscrapers with water chutes running from top to bottom on the south side of the Yarra River opposite the CBD – sans water chutes although there was a giant waterslide in these parts over a century ago I’m high enough to feel that sense of vertical living that I prefer even if inner-city light pollution makes them almost impossible to see Southbank only became a suburb of its own in 1993, when the former industrial area was hived off from South Melbourne It now runs from St Kilda Road in the east to just behind South Wharf in the west and from the Yarra in the north to part of Dorcas Street at its most southerly point Cal bungs or stately 19th century terraces Consider it a mix of the flashy (garish to some) and the culturally enriching Southbankians (’bankers?) are expected to share postcode 3006’s gems with everyone else but that doesn’t mean we can’t feel a special attachment The suburb covers just 1.6 square kilometres one of the highest concentrations of arts and cultural organisations in the world giving us such stellar attractions as the NGV International building the Melbourne Recital Centre and the Victorian College of the Arts as well And the Royal Botanic Gardens are just outside our border The suburb’s Yarra end could well be called CBD South, given its entertainment precinct and office towers. The cafes, restaurants, bars and river and city skyline views along Southbank Promenade keep the visitors flocking in, as does, not without critics and controversy a few years after the Southgate development brought shopping and modern office towers to a spot near Princes Bridge It’s a safe bet that gasps and screams will be heard if you wander past Crown when those rectangular gas towers along the riverfront embark on their nightly mission of startling the unsuspecting by shooting huge fireballs skywards It was in the mid-1980s that the state government designated Southbank an area for urban redevelopment Part of the traditional lands of the Wurundjeri Woi-wurrung people the area had largely been home to industries and warehouses since the 19th century Where did that giant waterslide mentioned earlier fit in It was part of an entertainment tradition down near the river going back to the late 19th and early 20th centuries a dance hall and an ice-skating rink were also part of the mix Although much that was demolished during recent decades in the rush to commercial and residential modernity hasn’t been missed let us pause to lament the loss of a truly bright (and sweet) spot in Southbank’s past: a 30-metre by 12-metre neon sign that belonged to the also now-departed Allen’s lolly factory across the river from Flinders Street Station A landmark from the mid-1950s until its demise in 1987 the sign became more vibrant over the years Abbotsford may still have the Skipping Girl Vinegar sign elsewhere the animated neon spectacle of throat lozenges falling out of an Anticol packet a giant wrapped lolly and a burst of sparkles is no more Some potential development sites are languishing. The much-troubled $2.7 billion STH BNK project on the site of a former BMW showroom was touted as including Australia’s tallest tower It’s been ground-bound for years and its fate is uncertain We now have a linear park where native grassland grows I’m not sure what to make of a distinctive playground nearby that features boulders on wheels but a colleague who has let children loose there reckons it’s not as dangerous as it looks Just because we could do with another major art gallery, the Fox: NGV Contemporary is under construction. Also as part of the $1.7 billion Arts Precinct transformation, an 18,000-square-metre garden, Laak Boorndap, is due to open in 2028 The 2021 census found 38 per cent of Southbank households don’t own a car compared with 8 per cent for Melbourne as a whole I’m in the no-car camp and do not take for granted my inner-city public transport privilege or the fact that if I keep putting one foot in front of the other in a leisurely manner I can get to work in Docklands under my own steam in half an hour Southbank’s liveability factor soared when our very own full-sized supermarket arrived at the end of 2020 There were options in the CBD and South Melbourne beforehand and smaller Southbank places for us non-car types to wheel shopping trolleys to There\\u2019s something in the air in my suburb Controversial somethings many people don\\u2019t want in their own \\u2019hood \\u2013 high-rise apartments Southbank\\u2019s high-rises aren\\u2019t just any high-rises is 100 storeys and the tallest building in the land if you\\u2019re measuring to roof height rather than the tip of some fancy spire I knew that being so close to the planet\\u2019s surface that I could open my door and step straight out onto it without a lift ride wasn\\u2019t for me Despite having grown up on a standard quarter-acre block in Melbourne\\u2019s north I have had a fascination with high-rises for as long as I can remember Seven-year-old me thought the city\\u2019s public housing towers were the place to be My favourite children\\u2019s book is about a on the south side of the Yarra River opposite the CBD \\u2013 sans water chutes I\\u2019m high enough to feel that sense of vertical living that I prefer Southbank only became a suburb of its own in 1993 when the former industrial area was hived off from Southbankians (\\u2019bankers?) are expected to share postcode 3006\\u2019s gems with everyone else but that doesn\\u2019t mean we can\\u2019t feel a special attachment The suburb\\u2019s Yarra end could well be called CBD South given its entertainment precinct and office towers bars and river and city skyline views along Southbank Promenade keep the visitors flocking in It\\u2019s a safe bet that gasps and screams will be heard if you wander past Crown when those rectangular gas towers along the riverfront embark on their nightly mission of startling the unsuspecting by shooting huge fireballs skywards Although much that was demolished during recent decades in the rush to commercial and residential modernity hasn\\u2019t been missed let us pause to lament the loss of a truly bright (and sweet) spot in Southbank\\u2019s past: a 30-metre by 12-metre neon sign that belonged to the also now-departed Allen\\u2019s lolly factory across the river from Flinders Street Station There are an estimated 27,300 Southbanktonians (Southbankanistas?) these days whereas the 2011 census put the population at a mere 11,235 The area has been accused over the years of lacking liveability the traffic (trucks included) is heavy on City Road complaints about ground-level sterility in some pockets have merit Some apartment towers are more liveable and easier on the eye than others Some potential development sites are languishing The much-troubled $2.7 billion on the site of a former BMW showroom was touted as including Australia\\u2019s tallest tower It\\u2019s been ground-bound for years and its fate is uncertain I\\u2019m not sure what to make of a distinctive playground nearby that features boulders on wheels but a colleague who has let children loose there reckons it\\u2019s not as dangerous as it looks Just because we could do with another major art gallery Also as part of the $1.7 billion Arts Precinct transformation The 2021 census found 38 per cent of Southbank households don\\u2019t own a car I\\u2019m in the no-car camp and do not take for granted my inner-city public transport privilege Southbank\\u2019s liveability factor soared when our very own full-sized supermarket arrived at the end of 2020 Just because we could do with another major art gallery, the Fox: NGV Contemporary is under construction. Also as part of the $1.7 billion Arts Precinct transformation, an 18,000-square-metre garden, Laak Boorndap, is due to open in 2028. The 2021 census found 38 per cent of Southbank households don’t own a car, compared with 8 per cent for Melbourne as a whole. I’m in the no-car camp and do not take for granted my inner-city public transport privilege, or the fact that if I keep putting one foot in front of the other in a leisurely manner, I can get to work in Docklands under my own steam in half an hour. Southbank’s liveability factor soared when our very own full-sized supermarket arrived at the end of 2020. There were options in the CBD and South Melbourne beforehand, and smaller Southbank places for us non-car types to wheel shopping trolleys to, but now we have our own big Woolies, and not just any Woolies. It’s at the base of a high-rise and, in a nod to its multilevel locality, it has two storeys. So appropriate. There\\u2019s something in the air in my suburb. A lot of somethings, actually. Controversial somethings many people don\\u2019t want in their own \\u2019hood \\u2013 high-rise apartments. Southbank\\u2019s high-rises aren\\u2019t just any high-rises. One, , is 100 storeys and the tallest building in the land if you\\u2019re measuring to roof height rather than the tip of some fancy spire. nearby, with a public viewing platform on the 88th floor, is 91 storeys. Take a bow, you guys. (Or maybe don\\u2019t, because you could do grave structural damage.) When I moved back to Melbourne in the noughties after years of living in Hong Kong flats at least 20 floors up, I knew that being so close to the planet\\u2019s surface that I could open my door and step straight out onto it without a lift ride wasn\\u2019t for me. Despite having grown up on a standard quarter-acre block in Melbourne\\u2019s north, I have had a fascination with high-rises for as long as I can remember. Seven-year-old me thought the city\\u2019s public housing towers were the place to be. My favourite children\\u2019s book is about a , whose home is akin to 100 interconnected skyscrapers with water chutes running from top to bottom. So here I am, in a high-rise in high-density Southbank, on the south side of the Yarra River opposite the CBD \\u2013 sans water chutes, unfortunately, although there was a giant waterslide in these parts over a century ago. I\\u2019m high enough to feel that sense of vertical living that I prefer. Give me air, give me sweeping views. Let me be that much closer to the stars, even if inner-city light pollution makes them almost impossible to see. Throw in other prominent art galleries, the Malthouse Theatre, the Melbourne Theatre Company, the ABC, the Melbourne Recital Centre and the Victorian College of the Arts as well. And the Royal Botanic Gardens are just outside our border. I could go on. The suburb\\u2019s Yarra end could well be called CBD South, given its entertainment precinct and office towers. The cafes, restaurants, bars and river and city skyline views along Southbank Promenade keep the visitors flocking in, as does, not without critics and , the Crown casino complex, which officially opened in 1997, a few years after the Southgate development brought shopping, dining, and modern office towers to a spot near Princes Bridge. It\\u2019s a safe bet that gasps and screams will be heard if you wander past Crown when those rectangular gas towers along the riverfront embark on their nightly mission of startling the unsuspecting by shooting huge fireballs skywards. Other suburbs can\\u2019t compete. Take that, Toorak and Brighton! Although much that was demolished during recent decades in the rush to commercial and residential modernity hasn\\u2019t been missed, let us pause to lament the loss of a truly bright (and sweet) spot in Southbank\\u2019s past: a 30-metre by 12-metre neon sign that belonged to the also now-departed Allen\\u2019s lolly factory across the river from Flinders Street Station. A landmark from the mid-1950s until its demise in 1987, the sign became more vibrant over the years. Abbotsford may still have the Skipping Girl Vinegar sign, but, alas, elsewhere the animated neon spectacle of throat lozenges falling out of an Anticol packet, a giant wrapped lolly and a burst of sparkles is no more. There are an estimated 27,300 Southbanktonians (Southbankanistas?) these days, whereas the 2011 census put the population at a mere 11,235. The area has been accused over the years of lacking liveability. Yes, the traffic (trucks included) is heavy on City Road. And with so many high-rises, complaints about ground-level sterility in some pockets have merit. Some apartment towers are more liveable and easier on the eye than others. Some when the wind blows. Some potential development sites are languishing. The much-troubled $2.7 billion on the site of a former BMW showroom was touted as including Australia\\u2019s tallest tower. It\\u2019s been ground-bound for years and its fate is uncertain. At its heart, Southbank is a work in progress. We now have a linear park where native grassland grows. I\\u2019m not sure what to make of a distinctive playground nearby that features boulders on wheels, but a colleague who has let children loose there reckons it\\u2019s not as dangerous as it looks. Just because we could do with another major art gallery, the is under construction. Also as part of the $1.7 billion Arts Precinct transformation, an 18,000-square-metre garden, Laak Boorndap, in 2028. The 2021 census found 38 per cent of Southbank households don\\u2019t own a car, compared with 8 per cent for Melbourne as a whole. I\\u2019m in the no-car camp and do not take for granted my inner-city public transport privilege, or the fact that if I keep putting one foot in front of the other in a leisurely manner, I can get to work in Docklands under my own steam in half an hour. Southbank\\u2019s liveability factor soared when our very own full-sized supermarket arrived at the end of 2020. There were options in the CBD and South Melbourne beforehand, and smaller Southbank places for us non-car types to wheel shopping trolleys to, but now we have our own big Woolies, and not just any Woolies. It\\u2019s at the base of a high-rise and, in a nod to its multilevel locality, it has two storeys. So appropriate. Share via...Gift this articleSubscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe A $1.5 billion apartment tower has been proposed for one of central Melbourne’s most prominent sites in a much-needed boost to the city’s lacklustre development prospects is behind the proposal for the landmark building on the Yarra’s southern bank overlooking the CBD It has just lodged plans for a 67-storey tower SaveLog in or Subscribe to save articleShareCopy link Gift 5 articles to anyone you choose each month when you subscribe. Follow the topics, people and companies that matter to you. The Brisbane Heat welcomes you to attend our BBL|14 Brisbane Heat Watch Party on January 11th at the Southbank Cultural Forecourt Join members and fans to watch the first match in style.. First-ball against the Adelaide Strikers will be at 7pm AEST where you’ll be able to set up a picnic rug We look forward to welcoming you to our Watch Party There’s no better place to enjoy a night of cricket 📆 Saturday 11 January 2025⏰ HEAT V STARS LIVE STREAM📍 Southbank We acknowledge and pay respect to our First Nations people and Traditional Custodians of the land and waters where we are privileged to live We recognise and celebrate their spiritual and ongoing connection to culture and country We respectfully acknowledge all elders past present and emerging as we continue to cherish shared wisdom and grow with their guidance as we walk together toward a connected country Brisbane Heat’s indigenous artwork was collaboratively designed by WBBL player and proud Kunja woman Mikayla Hinkley and Brisbane Indigenous artist alongside other water holes which used to be near the ground 87 black strokes on red earth represent the wickets taken by Aboriginal great Eddie Gilbert who played 23 games for Queensland Nestled in the heart of Melbourne’s Southbank Novus on Sturt is redefining the rental experience with its resident-first philosophy Novus on Sturt is the new build-to-rent development prioritising tenants and delivering a luxurious lifestyle in Melbourne’s bustling Arts Precinct. With thoughtfully designed apartments, high-end amenities, and a no-bond policy, Novus provides a hassle-free alternative to traditional renting. According to Adam Hirst, CEO of Novus, the goal was to create a new standard of renting. "Our thinking is different. You’re not just a ‘renter’, you’re a long-term customer.  "In the traditional rental market, tenants are often not treated well. "Our model is completely focused on long-term satisfaction – so we offer flexible lease terms, pet-friendly policies, and a high level of service. "We have an on-site team, so if there’s a maintenance issue, it’s fixed within 24 hours,” he explained. With over 80% of apartments already leased, Novus on Sturt is in high demand as one of Melbourne’s premier build-to-rent developments. Novus on Sturt is a build-to-rent development that perfectly caters to renters. Designed with convenience and comfort in mind, the development boasts an impressive range of resort-style amenities included in the rental price. Some of these include a rooftop pool with views of the city skyline, a state-of-the-art gym and wellness centre with a steam room and sauna, along with a pet park and pet wash for furry friends. "The key is all about providing value from the amenity," said Mr Hirst. For those who work from home, the thoughtfully designed co-working spaces provide a productive environment. Dedicated co-working spaces are just one of the amenities available to Novus on Sturt residents. There’s also a podcast studio and several bookable meeting rooms. Novus also fosters a sense of community with curated resident events, bringing neighbours together. "We try to link events to things going on in Melbourne, like Formula 1 or wellness programs, so it feels like an extension of the city itself," Mr Hirst explained. Understanding the evolving needs of renters, Novus on Sturt offers a flexible leasing structure that prioritises ease and affordability. Unlike traditional rental properties, Novus provides a no-bond policy, eliminating a common financial barrier for tenants and a flexible leasing contract so tenants can stay for a short time or a long time. There is also the choice of furnished or unfurnished apartments, allowing for a seamless transition into the home. Each apartment comes equipped with essential appliances, ensuring convenience from day one with all white goods included from fridges, to washing machines, dryers, and microwaves. There are only a handful of apartment layouts remaining, with a selection of studios, one, two and three-bedroom floorplans available.   “To cater to the overwhelming demand, we now have a waitlist system in place,” Mr Hirst said. Gallery (5 images)Resident experienceThe resident-first approach at Novus places tenant experience at the core of its offering, creating a sense of belonging and support that is often missing in traditional rental markets. Resident Renee Young said she feels valued as a tenant. "It’s hard to choose just one thing [I like the most] — the apartment itself is well designed and instantly welcoming, other residents are friendly, facilities are outstanding! "Maybe the top one would be the mega welcome our dog has had from the staff, the residents, and the facilities that are just for her (pet bath, pet park),” she said. “It’s a fantastic spot to live, and we have an incredible view of the city as well.” Pets are more than welcome at Novus on Sturt, with their own area for them to play outdoors. The location is also a huge drawcard for residents. Positioned within the city’s renowned Arts Precinct, residents can step outside and find themselves moments away from the National Gallery of Victoria, the Melbourne Recital Centre, and the lush Royal Botanic Gardens, all while enjoying the convenience of being close to the CBD. "You’ve got a Southbank address, so you’ve got all that benefit of proximity," Mr Hirst said. "But being in the heart of the Arts Precinct, it’s much less urban, and feels more leafy and green. "So it’s got a residential feel, but you can walk into the city in fifteen minutes, or you can jump on the tram out the front." While the idea of luxury living can often be associated with a higher price tag, residents at Novus receive exceptional value for money. The inclusion of top-tier amenities within the rent means there are no additional costs for gym memberships, fitness classes, co-working spaces, or community events – savings that add up significantly over time. Additionally, the prime Southbank location provides easy access to Melbourne’s extensive public transport network, reducing the need for a car and further cutting down on living expenses. With a walkable neighbourhood filled with dining, entertainment, and shopping options, residents can truly embrace an urban lifestyle without compromise. “It’s outstanding value – we feel like we're living in a resort in the centre of the city,” said Ms Young. Welcome to Resident First Renting Novus brings you sustainable and liveable residences purpose-built exclusively for renters third parties have written and supplied the content and we are not responsible for it completeness or reliability of the information nor do we accept any liability or responsibility arising in any way from omissions or errors contained in the content We do not recommend sponsored lenders or loan products and we cannot introduce you to sponsored lenders We strongly recommend that you obtain independent advice before you act on the content realestate.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) © REA Group Ltd. By accessing or using our platform, you agree to our Terms of Use. The arts centre’s artistic director is on a mission to bring new audiences to the joys of classical music then Windsor Great Park and the Tate Modern But the fifth is perhaps less expected: the Southbank Centre it’s like a 21st-century version of the Victorian pleasure garden,” says its artistic director Skateboarders mixed with poets mixed with the classical musicians mixed with the dancers – it’s what gives this space its vibrancy and why I love it so much.” How to balance the needs of all these different groups of visitors many of whom are accessing the building for social use especially classical concerts – by far the largest genre that is programmed across the three-venue arts centre The Royal Festival Hall is still available for any of the centre’s six resident orchestras or any artist to rehearse in, seven days a week, he adds, but, “only 4% of our weekly visitors were coming into the hall during the day on a Monday. In a world where we are still facing the financial challenges coming out of Covid, high inflation and static public funding … [closing one day a week] was one of the difficult decisions we had to take.” Futureproofing the organisation is at the heart of Ball’s concerns, and in every other respect the focus is on opening rather than closing, and seeking to bring in new and more diverse audiences. Read moreMultitudes festival is one way he hopes to do that sees classical musicians working with theatre-makers But it’s not about diluting classical music to make it more palatable “The idea was: how can we create a festival programme that absolutely centres the glory and power of the music but presents the concerts in a way that has a broader appeal beyond the traditional classical music audience Particularly to these new audiences that we know like spectacle like sociability and like a more immersive experience of live music events.” the fastest growing area of listenership by young people It struck me that we’ve got a really big nascent audience for it [But] they’re not listening to it because they know about the repertoire They’re coming to it for other reasons: how it makes them feel because they might have heard it on a soundtrack While he won’t be encouraging young people to film performances on their phones – a controversial policy adopted by the City of Birmingham Symphony Orchestra (CBSO) – he has no problem with people taking photos at the end “We’d love people to share the excitement of a performance.” He is open to dimming the house lights more to create a sense of atmosphere And the vexed question of clapping between movements “You know that used to happen: not clapping between movements was an entirely result of the BBC broadcasting the Proms on the radio and not being able to cope with lots of clapping in the middle of pieces.” But he is adamant this is neither diluting nor apologising for the music around which these programmes are shaped Nor are these kind of events replacing the traditional classical concerts it is vital that we innovate and think about how we can excite new audiences and put them in front of this amazing music we absolutely need to protect and sanctify the traditional experience But we can’t preserve the whole sector in aspic We’ve got to think about our obligation to build those audiences of the future Multitudes festival is at the Southbank Centre, London have asked for approval to go ahead with the sale of the site and use the proceeds to pay back creditors The administrators of the vehicle that developer Beulah International put into administration last month have also told creditors that the entity may have been insolvent since at least the start of 2024 In their recommendation to creditors of BSSPV Pty Ltd – who meet on Wednesday to vote on the entity’s future – Pitcher Partners’ David Vasudevan and Lindsay Bainbridge recommended proceeding with the sale of the site “We are informed that the best means of maximising the sale price is to offer a joint sale of the three titles with the development approval in place and not offer the lots individually,” Vasudevan and Bainbridge said “We are unsure if the eventual sale price will achieve its prescribed valuation amounts for each of the three titles or whether they could eventually be sold jointly or individually.” The likely sale price of the sites was not disclosed The process would mark the end of the road for Beulah’s involvement with the $2.7 billion iconic twisting twin-tower project it conceived in a blaze of publicity in 2018 but which ran aground after it sold 80 per cent of its apartments at prices that did not cover surging construction costs But it may not mean the end of the project The Australian Financial Review reported last month that Beulah was considering new funding and this week named little-known Open Capital as one potential financier willing to take on the project now costing an estimated $2 billion The administrators said that it could take more than a year after the preferred buyer is chosen to complete due diligence and approvals adding that there had been significant interest in the Southbank site Liquidation of the entity could realise a slightly higher sum at $4.5 million but that would also then trigger more liabilities including the $34.4 million owed to Mayfair Global Investments The Financial Review reported last month that consultancies AECOM and Arup were among the list of creditors along with architects Cox Architecture and UNstudio Planning consultancy Urbis is owed $137,000 was due to be heard in the Victorian Supreme Court on Tuesday that may be dismissed after the recommendation to creditors to allow the company to organise a sale of the site “Creditors will be provided with an update on the outcome of the winding-up hearing at this forthcoming meeting,” they said Sydney commercial real estate Melbourne commercial real estate Brisbane commercial real estate Adelaide commercial real estate Perth commercial real estate Canberra commercial real estate Darwin commercial real estate Hobart commercial real estate NSW properties for sale VIC properties for sale QLD properties for sale SA properties for sale WA properties for sale ACT properties for sale NT properties for sale TAS properties for sale NSW properties for lease VIC properties for lease QLD properties for lease SA properties for lease WA properties for lease ACT properties for lease NT properties for lease TAS properties for lease Rural & Farming for sale in NSW Rural & Farming for sale in VIC Rural & Farming for sale in QLD Rural & Farming for sale in SA Rural & Farming for sale in WA Rural & Farming for sale in NT Rural & Farming for sale in TAS Rural & Farming for sale in ACT Sydney Toowoomba City Surry Hills Melbourne Dandenong Brisbane Morton Vale Noosaville Feel like you've stepped into a novel and study in style among lampposts And one place in particular has captured our attention with immaculate vibes and whimsical spaces and feel like the main character in a novel at this picturesque venue that acts as a coworking space The cafe and workspace is open daily from 10am to 9pm so you’ll be able to take a break and have fun with your friends like their social ‘Club Nights’ to Melbourne soon Members will be able to form groups around their interests There’s also a selection of toasties for you to purchase if you’re feeling peckish You will need to purchase a membership to enter O3 and there’s different types of memberships depending on your needs The basic ‘Brokie’ membership allows you to bring a friend and earn hourly o-coins The ‘Villain’ membership gives you $40 worth of food and drink credits to spend every week while the flexible ‘Ghost’ option lets you access the space without needing to commit to a minimum period There’s also an app you can download to connect with other members You can visit O3 and see what it has to offer with a free trial Just rock up early to secure a limited spot and chat to the staff in the cafe to register You don’t need to be a member to try the cafe We bring together a diverse group of talented people who we develop through international experiences and innovative projects (Chicago, August 23, 2024) – Lendlease, a leading integrated real estate group, today announced the stabilization of the apartments at The Reed at Southbank the firm’s 41-story residential tower at 234 W in Chicago’s South Loop neighborhood The rental units are now 95% occupied since the property welcomed its first residents last summer Located along the Chicago River immediately south of the Loop The Reed is the second high-rise completed in the 7-acre Southbank master plan The property includes 226 apartments in a mix of studio in addition to 214 condominiums on the upper floors This hybrid model provides flexible living options and allows for a wider range of shared amenities for all residents “Renters have gravitated to The Reed’s exceptional amenities industrial-modern design and unparalleled location along the riverfront steps from the heart of downtown,” said Andrew Trickett “These characteristics not only help create an incomparable living experience for our residents but they are also the foundation for creating valuable assets to support our investment management strategy.” The rental units at The Reed are among the multifamily assets that contribute to Lendlease’s Investment Sector Funds Under Management in Chicago a 452-unit apartment building also located at Southbank located in the Lakeshore East neighborhood Apartments at The Reed feature 9-foot exposed concrete ceilings wide-plank wood flooring and full-height windows showcasing views of the downtown skyline The tower’s eighth-floor amenity suite includes a 15,000-square-foot outdoor deck with a resort-style pool and cabanas fully equipped kitchens and adjacent dining areas Additional amenities include a wet lounge adjacent to the pool deck; indoor-outdoor fitness center with dedicated HIIT and yoga spaces; show kitchen and dining room; lounge room with TVs a pool table and seating areas that can double as workspaces; virtual sports simulation room; salon; massage room; and media room The hospitality-inspired lobby features a fireplace bike storage and seating for remote work and small social gatherings The Reed is immediately adjacent to Southbank Park a 2-acre green space privately developed by Lendlease as a public amenity natural stone amphitheater and meandering walkways that connect to a new riverwalk designed as an extension of the Chicago Riverwalk Demonstrating Lendlease’s longstanding commitments to sustainability and wellness Green initiatives at the property include the use of a lower-carbon concrete mix during construction that substituted approximately 60% of the Portland cement with ash and slag; EV charging stations in the building’s private parking garage; an EV car-sharing program; and a partnership with The Roof Crop which maintains rooftop gardens and apiaries from which flowers produce and honey are harvested and shared with residents and local businesses The location of The Reed offers convenient access to major highways and multiple modes of public transit and is a short walk from employers in adjacent neighborhoods including the Loop and West Loop Residents can also enjoy the convenience of local restaurants and retailers in the South Loop and Printers Row neighborhoods About Lendlease:Lendlease (www.lendlease.com) is a globally integrated real estate group with operations in Australia Australia and listed on the Australian Securities Exchange (ASX:LLC) our core capabilities are reflected in our operating segments of Investments The combination of these three segments provides us with a sustainable competitive advantage in delivering innovative integrated solutions for our customers Matt BakerSenior Account Manager – Taylor Johnson Public Relationsmbaker@taylorjohnson.com +1 312 267 4512 Isabel SepkowitzCorporate Affairs, Senior Corporate Communications Manager, Americaisabel.sepkowitz@lendlease.com +1 917 504 6975 Photo caption:The Reed at Southbank: Apartments at The Reed at Southbank are already 95% leased since welcoming first residents last summer.Click Here to view images via Dropbox We use cookies for various purposes including to make your experience of our website better. 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If you continue without changing your settings, we'll assume that you are happy to receive all cookies on our website.  but we don't want to lose you.\"}],[\"$\",\"div\",null,{\"className\":\"notfound-page__text-block\",\"children\":\"We recently updated the way we organise our articles 'div-gpt-ad-1511396693346-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/728x90_Leaderboard_Position_1' 'div-gpt-ad-1511394032333-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/970x90_bottom_leaderboard' 'div-gpt-ad-1511396722471-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/728x90_Hompage_Leaderboard_Position_1' 'div-gpt-ad-1661741627089-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/undefinedTUD_Homepage_Internal_728x90' 'div-gpt-ad-1534480172990-0').addService(googletag.pubads());\n // home leaderboard (mobile)\n googletag.defineSlot('/34178149/970x90_top_leaderboard' 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forges ahead with its $220m Moray House mixed-use project is planned to transform the 1200sq m island site at 42 Moray Street into a 180m highrise comprising 305 residential apartments plus office space and recreational facilities.\u003c/p\u003e\u003cp\u003eConstruction is scheduled to begin in January and completion is expected in early 2027 work and play,” Maitland said.\u003c/p\u003e\u003cp\u003eThe $220-million development has secured strong pre-sales with 93 per cent of apartments purchased by owner-occupiers and investors.\u003c/p\u003e\u003cp\u003eThe project is to deliver residences across one residents’ lounges and outdoor barbecue areas.\u003c/p\u003e\u003cp\u003eThe project launch comes as the City of Melbourne reports almost 20,000 approved apartments are yet to begin construction.\u003c/p\u003e\u003cp\u003eUnder the Victorian Government’s Housing Statement the city needs to deliver 134,000 new homes by 2051 it’s crucial to progress large-scale projects that deliver quality affordable apartments which are an important mix in the housing puzzle,” Maitland said.\u003c/p\u003e\u003cp\u003eDesigned by Rothelowman architects with interiors by David Hicks with level 10 offering co-working facilities including 40 hot desks Lendlease’s third residential building in the Collins Wharf precinct of Victoria Harbour.\u003c/p\u003e\u003cp\u003eThe 28-storey building at 971 Collins Street in Melbourne’s Docklands will deliver 312 homes in a mix of one two and three-bedroom apartments as well as townhouses and penthouses.\u003c/p\u003e\u003cp\u003eAccording to Lendlease the project has already secured more than 50 per cent in presales.\u003c/p\u003e\u003cp\u003eHickory is the construction contractor—it completed the precinct’s first development in 2019 and is also working on LendLease’s second tower Regatta.\u003c/p\u003e\u003cp\u003eFor Ancora Hickory is implementing several technical construction methods including various piling techniques and precast concrete solutions that enable a parallel-track construction program.\u003c/p\u003e\u003cp\u003eThe building’s facade designed by architect Warren and Mahoney uses a three-stage design incorporating double-glazed glass and textured precast concrete with Reckli and brick finishes.\u003c/p\u003e\u003cp\u003eThe structural design transitions from a solid podium base to lighter upper levels “reflecting a maritime theme” aligned with the Collins Wharf design objectives.\u003c/p\u003e\u003cp\u003eAncora will connect to the neighbouring Regatta development via a podium allowing resident access to shared amenities.\u003c/p\u003e\u003cp\u003eDesigned as an all-electric building that includes electric vehicle infrastructure the development is targeting a 5 Star Green Star certification Completion is expected in 2027.\u003c/p\u003e\u003cp\u003eRegatta including build-to-rent and build-to-sell units.\u003cbr\u003e\u003cbr\u003e\u003c/span\u003e\u003c/div\u003e\u003c/div\u003e\u003cp\u003eExtensive wharf works including remediation of pre-existing wharf piles installation of raker piles and construction of the extension to Australia Walk are also part of the project.\u003c/p\u003e\u003cp\u003eTechnical challenges include constructing on the finger wharf and co-ordinating extensive above-wharf road reserve and public parkland works.\u003c/p\u003e\u003cp\u003eThe Collins Wharf precinct will ultimately comprise six residential buildings of more than 1800 homes surrounded by over 5000sq m of parks and community space.\u003c/p\u003e\u003cp\u003eLendlease is developing the parkland concurrently with the residential components including the extension of Australian Walk that forms part of the City of Melbourne’s Greenline project.\u003c/p\u003e\u003cp\u003eLendlease executive director of development Adam Williams said Collins Wharf “is fast becoming a sought-after address .. which took just a handful of hours to emerge on Saturday night the Coalition’s failure to sway voters has come under intense scrutiny.\u003c/p\u003e\u003cp\u003eIts lack of policies around property that resonated with voters has been a large part of that criticism.\u003c/p\u003e\u003cp\u003eAmong those policies was a $5-billion infrastructure program to unlock up to 500,000 new homes was greeted with no small amount of scepticism.\u003c/p\u003e\u003cp\u003eThe Coalition also campaigned on its previously revealed plan to allow first home buyers to draw down on their superannuation giving access to up to $50,000 to help fund mortgage deposits.\u003c/p\u003e\u003cp\u003eWhile that proposal had won some support it got the thumbs down from many of Australia’s top economists who said the measure could prove highly inflationary among other issues.\u003c/p\u003e\u003cp\u003eSimilarly its plan to allow mortgage interest for first home buyers to be tax-deductible was roundly criticised for its likely inflationary and regressive effects.\u003c/p\u003e\u003cp\u003eIt has also been pointed out that the Coalition’s rejection of the Green’s policies around housing supply affordable housing and help for renters did it no favours.\u003c/p\u003e\u003cp\u003eThe ALP went to the polls spruiking an extension of schemes introduced during its previous term including a $10-billion promise for its first-home buyers’ scheme to encourage 100,000 more homes.\u0026nbsp;\u003c/p\u003e\u003cp\u003eIt also had its Help to Buy shared equity scheme under which the Government pays up to 40 per cent of the house price to point to.\u003c/p\u003e\u003cp\u003eIf it was these policies per se or the lack of detail and depth to the Coalition’s the nation's ready for the Albanese government to act.\u003cbr\u003e\u003cbr\u003e\u003c/span\u003e\u003c/div\u003e\u003c/div\u003e\u003cp\u003eWhat is clear been endorsed to follow through on its policies and fix the crisis that is crippling the Australian property sector.\u003c/p\u003e\u003cp\u003eAs Urban Taskforce Australia chief executive\u0026nbsp;Tom\u0026nbsp;Forrest has pointed out it is time for the Federal Government to get back to work.\u003c/p\u003e\u003cp\u003e“Housing affordability and housing supply featured large during the campaign,” Forrest said.\u003c/p\u003e\u003cp\u003e“The key now is for the Government to strike while the iron’s hot.\u0026nbsp;\u003c/p\u003e\u003cp\u003e“If legislation is needed to support the delivery of Labor’s $10-billion 100,000 new homes commitment—then pass it through the parliament now and get on with it.”\u003c/p\u003e\u003cp\u003eThe states have made many changes to how they enable home development The Federal Government’s support of that is crucial to its success material supply assistance or any other factor that affects getting homes out of the ground.\u003c/p\u003e\u003cp\u003eThis has been a pivotal election Then Cities for Total Fan Immersion\",\"slug\":\"billionaire-arsenal-rams-denver-nuggets-sports-anchored-precincts\",\"datePublished\":\"2025-04-30T00:00+10:00\",\"tags\":[],\"summary\":\"Why your next home might be stadium-adjacent; sports are the hook is planned to transform the 1200sq m island site at 42 Moray Street into a 180m highrise comprising 305 residential apartments plus office space and recreational facilities Construction is scheduled to begin in January and completion is expected in early 2027. Plans for demolition were first announced in May. Salvo managing partner James Maitland said the project would boost confidence in Melbourne’s apartment market at a time when far fewer apartments were being built. “Melbourne desperately needs accelerated supply of well-designed homes with outstanding amenity in prime locations where people want to live, work and play,” Maitland said. The $220-million development has secured strong pre-sales, with 93 per cent of apartments purchased by owner-occupiers and investors. The project is to deliver residences across one, two and three-bedroom configurations, and two double-storey penthouses on the upper levels. The development includes six levels of office space and 400sq m of co-working facilities. Resident amenities span two floors, featuring a day spa, yoga room, pool, gym, private dining rooms, residents’ lounges and outdoor barbecue areas. The project launch comes as the City of Melbourne reports almost 20,000 approved apartments are yet to begin construction. Under the Victorian Government’s Housing Statement, the city needs to deliver 134,000 new homes by 2051, requiring a 122 per cent increase on existing housing stock over 27 years. Maitland highlighted the significance of progressing large-scale developments in the current market. “Given worsening affordability and cost of living issues, it’s crucial to progress large-scale projects that deliver quality, affordable apartments which are an important mix in the housing puzzle,” Maitland said. Designed by Rothelowman architects with interiors by David Hicks, the development joins Salvo’s $3-billion. The company has developed 4000 apartments to date and has another 4000 in that pipeline. The site was acquired by Salvo in 2017 for $16 million. The commercial component includes eight floors of office space, with level 10 offering co-working facilities including 40 hot desks, meeting rooms and collaboration zones. Ground-level retail includes a café and bar. We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later. Add articles to your saved list and come back to them any time. It looked a fabulous prospect: living in a “lifestyle” tower above a five-star hotel with a rooftop infinity pool and 24-hour fitness centre that apartment owners would be able to use. “Dive in,” the sales brochure urged. “The elevated infinity pool provides the perfect place for a swim to start the day, or to unwind as the sun sets with views of the Melbourne skyline.” Adrian Cropley, Jenny Holmes and Ian Henson in front of the Normanby Building in Southbank.Credit: Luis Enrique Ascui But after buying off the plan, the new owners discovered a catch. They would each have to pay up to $6000 a year, per apartment, to access all the facilities. Later, after vigorous protests, this was halved to $3000. That was just the start of the turmoil that has plagued the 40-level Normanby building in Melbourne’s Southbank, which doubles as the hotel AC by Marriott. There have been complaints about rocketing levies and the developer and his employees sitting on the strata committee, which have led to a case at the Victorian Civil and Administrative Tribunal, and demands for an inquiry by Consumer Affairs Victoria. Capital Alliance developer Mohan Du, meanwhile, insists it’s all part of a “campaign of disinformation”. “We were told there would maybe be a small fee for use of the facilities, but nothing like that at all,” said Adrian Cropley, 58, a strategic adviser and executive coach who bought a three-bedroom apartment in the Normanby building off the plan in 2018 and moved in during April 2022. “We were so shocked. We’d bought into the vision we were offered of a lifestyle building, but instead we found we were buying into a financial nightmare.” Du is the chief executive of Capital Alliance which is also the owner of the tower, with the first 19 floors containing 200 hotel rooms and the higher levels the apartments. He lives in the building’s penthouse and acts as chair of the owners corporation. He says such a fee is for the benefit of the owners. Many are overseas investors. “Yes, a selling point was the pool and gym,” he said. “But they sit under the title of the hotel to reduce owners’ corporation fees. I’ve lived in apartments for the last 10 years and don’t use the facilities frequently. So this gives apartment owners the option of not having to pay if they don’t use them. “[The fee charged] is up to the hotel manager. We’ve tried to do our very best to help owners over the price, but unfortunately, it has nothing to do with me. We own the hotel real estate but we don’t manage the hotel.” Strata levies have rocketed since the owners moved in, with Cropley’s quarterly levies rising from $4500 a year to $12,000 a year, on his bills. Du says that is only to be expected. “As the developer, when we complete the building, the owners’ corporation fees would naturally be lower because every new building has a 12-month defect liability period and everything is serviced for free in the first year,” he said. “In the second year onwards, those things are no longer free, so costs do go up. I pay close to $35,000 a year, but that’s nothing to do with me and Capital Alliance.” After an AGM late last year, Du was appointed to oversee the strata committee that runs the building, as chair, with his company’s chief financial officer Kalvin Yeoh and chief operating officer Nancy Cao also part of the ruling body. The company’s chief investment officer Jason Huang is the building’s facilities manager. The AGM late last year degenerated into chaos after a number of proxies were presented by Du, Yeoh and Cao, and others by an owner who is a Capital Alliance employee, another owner who lists his address for notices as the Capital Alliance office, according to the strata roll, and another known to be close to Du. At the VCAT directions hearing on March 3, 2025, Cropley, who launched the action with others and was at the time of the AGM the secretary of the strata committee, asked for the last AGM to be declared invalid in his submission because of what he described as “procedural irregularities, conflicts of interest and improper election processes”. A full disclosure of ballot records was being sought. Cropley and the others have since withdrawn or indicated an intention to withdraw the VCAT action. Jenny Holmes, 64, a retired university maths tutor who bought into the building 18 months ago, says she walked out of the AGM. “I got there and they had all these proxy votes for people who worked for Capital Alliance that no one was allowed to inspect,” she said. Apartment dwellers can view the Melbourne skyline.Credit: Joe Armao “We had no idea if they were valid or not. So there was no point in voting for anything as our votes wouldn’t count at all. … Over 18 months, we had no working air-conditioning for a month, the lift broke down for a period and the car stacker is always breaking down, and you call the maintenance company and they never answer.” This masthead called the company and didn’t receive a response. Du said he and his employees were all residents in the building and at on the committee to represent their own interests as owners of apartments rather than as the developer. “I’m a private resident and I represent my own house; it’s got nothing to do with the business,” he said. “This is all part of a campaign of disinformation, and a lot of these matters are now before VCAT.” But the strata committee won’t provide access to the body corporate register, or to financial records, as well as those proxies, alleges another owner, senior telco manager Peter West, 71. This masthead has seen an email trail from February 13, 2025 that contains six requests from West for information to the strata managers, rebuffed with responses such as, “I don’t know what you mean”, “I need more details”, “I need specific dates and documents you wish to see”, which, the email chain demonstrated, have all been provided. “If there were some transparency and openness, a lot of the problems might go away,” said West. “But we’re not allowed to see contracts, or accounts, or anything. I’ve lodged a case with [Consumer Affairs Victoria], and a lot of the owners want an inquiry A Consumer Affairs Victoria spokesperson said: “Owners corporations and building developers must comply with their legal requirements under the Owners Corporations Act 2006. “Owners in apartment and unit complexes have rights to raise and pursue complaints about the owners corporation or manager and are encouraged to contact us if they need information.” Du argues two specific dates were set for owners to see records, but no one turned up to view them. Cropley claims those dates weren’t given to owners, but to a former lawyer for the owners who is no longer acting for them, so they weren’t passed on to anyone. The lawyer quit as his bills weren’t paid by the strata, according to the VCAT submission. Retired accountant Ian Hensen, 67, is another owner who says the building has maintenance issues and the strata committee doesn’t function well. “It’s a complete disaster,” he said. This story has been updated to make it clear that Mohan Du was appointed to the strata committee after last year’s AGM, and that Adrian Cropley and others have since withdrawn or sought to withdraw the VCAT action.The air conditioner outage lasted for one month. It looked a fabulous prospect: living in a \\u201Clifestyle\\u201D tower above a five-star hotel with a rooftop infinity pool and 24-hour fitness centre that apartment owners would be able to use. \\u201CDive in,\\u201D the sales brochure urged. \\u201CThe elevated infinity pool provides the perfect place for a swim to start the day, or to unwind as the sun sets with views of the Melbourne skyline.\\u201D That was just the start of the turmoil that has plagued the 40-level Normanby building in Melbourne\\u2019s Southbank, which doubles as the hotel AC by Marriott. Capital Alliance developer Mohan Du, meanwhile, insists it\\u2019s all part of a \\u201Ccampaign of disinformation\\u201D. \\u201CWe were told there would maybe be a small fee for use of the facilities, but nothing like that at all,\\u201D said Adrian Cropley, 58, a strategic adviser and executive coach who bought a three-bedroom apartment in the Normanby building off the plan in 2018 and moved in during April 2022. \\u201CWe were so shocked. We\\u2019d bought into the vision we were offered of a lifestyle building, but instead we found we were buying into a financial nightmare.\\u201D Du is the chief executive of Capital Alliance which is also the owner of the tower, with the first 19 floors containing 200 hotel rooms and the higher levels the apartments. He lives in the building\\u2019s penthouse and acts as chair of the owners corporation. He says such a fee is for the benefit of the owners. Many are overseas investors. \\u201CYes, a selling point was the pool and gym,\\u201D he said. \\u201CBut they sit under the title of the hotel to reduce owners\\u2019 corporation fees. I\\u2019ve lived in apartments for the last 10 years and don\\u2019t use the facilities frequently. So this gives apartment owners the option of not having to pay if they don\\u2019t use them. \\u201C[The fee charged] is up to the hotel manager. We\\u2019ve tried to do our very best to help owners over the price, but unfortunately, it has nothing to do with me. We own the hotel real estate but we don\\u2019t manage the hotel.\\u201D Strata levies have rocketed since the owners moved in, with Cropley\\u2019s quarterly levies rising from $4500 a year to $12,000 a year, on his bills. Du says that is only to be expected. \\u201CAs the developer, when we complete the building, the owners\\u2019 corporation fees would naturally be lower because every new building has a 12-month defect liability period and everything is serviced for free in the first year,\\u201D he said. \\u201CIn the second year onwards, those things are no longer free, so costs do go up. I pay close to $35,000 a year, but that\\u2019s nothing to do with me and Capital Alliance.\\u201D After an AGM late last year, Du was appointed to oversee the strata committee that runs the building, as chair, with his company\\u2019s chief financial officer Kalvin Yeoh and chief operating officer Nancy Cao also part of the ruling body. The company\\u2019s chief investment officer Jason Huang is the building\\u2019s facilities manager. Jenny Holmes, 64, a retired university maths tutor who bought into the building 18 months ago, says she walked out of the AGM. \\u201CI got there and they had all these proxy votes for people who worked for Capital Alliance that no one was allowed to inspect,\\u201D she said. \\u201CWe had no idea if they were valid or not. So there was no point in voting for anything as our votes wouldn\\u2019t count at all. \\u2026 Over 18 months, we had no working air-conditioning for a month, the lift broke down for a period and the car stacker is always breaking down, and you call the maintenance company and they never answer.\\u201D This masthead called the company and didn\\u2019t receive a response. \\u201CI\\u2019m a private resident and I represent my own house; it\\u2019s got nothing to do with the business,\\u201D he said. \\u201CThis is all part of a campaign of disinformation, and a lot of these matters are now before VCAT.\\u201D But the strata committee won\\u2019t provide access to the body corporate register, or to financial records, as well as those proxies, alleges another owner, senior telco manager Peter West, 71. This masthead has seen an email trail from February 13, 2025 that contains six requests from West for information to the strata managers, rebuffed with responses such as, \\u201CI don\\u2019t know what you mean\\u201D, \\u201CI need more details\\u201D, \\u201CI need specific dates and documents you wish to see\\u201D, which, the email chain demonstrated, have all been provided. \\u201CIf there were some transparency and openness, a lot of the problems might go away,\\u201D said West. \\u201CBut we\\u2019re not allowed to see contracts, or accounts, or anything. I\\u2019ve lodged a case with [Consumer Affairs Victoria], and a lot of the owners want an inquiry A Consumer Affairs Victoria spokesperson said: \\u201COwners corporations and building developers must comply with their legal requirements under the Owners Corporations Act 2006. \\u201COwners in apartment and unit complexes have rights to raise and pursue complaints about the owners corporation or manager and are encouraged to contact us if they need information.\\u201D Du argues two specific dates were set for owners to see records, but no one turned up to view them. Cropley claims those dates weren\\u2019t given to owners, but to a former lawyer for the owners who is no longer acting for them, so they weren\\u2019t passed on to anyone. The lawyer quit as his bills weren\\u2019t paid by the strata, according to the VCAT submission. Retired accountant Ian Hensen, 67, is another owner who says the building has maintenance issues and the strata committee doesn\\u2019t function well. \\u201CIt\\u2019s a complete disaster,\\u201D he said. This story has been updated to make it clear that Mohan Du was appointed to the strata committee after last year\\u2019s AGM, and that Adrian Cropley and others have since withdrawn or sought to withdraw the VCAT action.The air conditioner outage lasted for one month. An artist’s impression of the Southbank skyscraper. Malaysian-backed developer Beulah International is chasing a deep-pocketed partner to back its vision for one of the nation’s largest ever mixed-use schemes. The developer behind plans to build the nation’s tallest building in Melbourne is trying to find a capital backer, despite the project management company of the $2bn Southbank skyscraper falling into administration. Malaysian-backed developer Beulah International is chasing a deep-pocketed partner to back its vision for one of the nation’s largest ever mixed-use schemes, as it looks to defy the harsh climate for new projects in Victoria. The company has plans for a striking mixed-use project including luxury apartments, a five-star hotel, offices and top amenities, but voluntary administrators Pitcher Partners were called into project management company BSSPV Pty Ltd on Tuesday. This followed moves by architecture firms Cox Architecture and UN Studio, which designed STH BNK by Beulah, last month losing a winding-up order against BSSPV. The case was due to be heard later this month in the Victorian Supreme Court. Pitcher Partners insolvency experts David Vasudevan and Lindsay Bainbridge are handling the administration but declined to comment. Building was slated to begin on the STH BNK by Beulah in 2023, with the twin towers as high as 366m to loom over Melbourne’s city skyline. But Beulah International’s ambitious project was hit by rising building costs and poor timing for residential projects in Melbourne, even though it had record pre-sales including a $35m sub-penthouse, as Victoria has been slugged by high taxes and sliding property prices. The scale of the scheme, its ­location and the multifaceted ­nature also made it hard to stack up in the present environment, with some expecting a smaller project to eventually emerge. An artist’s impression of the world’s highest vertical garden to be built in the $2bn Southbank skyscraper. But Beulah International remains keen to get its project off the ground and is starting a search for a capital partner to get started separately from the project manager’s administration. Beulah International is understood to have tapped JLL’s Josh Rutman and Jesse Radisich to run a process to find a partner. This could range from a passive partner leaving the scheme to the existing developer to a more active player looking for a joint venture. The developer may also consider selling or carving up the site if a buyer chased what is one of the last available Southbank development parcels. Beulah International bought part of the site for the STH BNK by Beulah project in 2017 and then expanded it in 2021. BSSPV was set up by Beulah to provide planning and design for STH BNK, and was put into voluntary administration, following what it called “unexpected delays in the progress of the project”. Beulah director Jiaheng Chan said the decision to put BSSPV Pty Ltd into voluntary administration was made “to allow additional time to progress the project, which is already 80 per cent sold”. “This is not a situation we wanted to find ourselves in, but our project is not immune to the market challenges faced across Melbourne,” Mr Chan said. “Despite our best efforts and those of our partners and creditors, we failed to achieve a target by early 2024 that would have seen us activate construction finance at that time. “We have now made the decision to place the project management entity into voluntary administration while we pursue an alternative strategy to realise the STH BNK project.” JLL is working with consultants KPMG on seeking proposals from parties locally and in Asia for potential equity commitments. STH BNK has been billed as a city within a city. It is slated to have 710 apartments, a Four Seasons hotel with 216 rooms, 86 Four Seasons private residences, top shopping and wellness areas, as well as a world-famous Centre Pompidou from Paris. The project’s Residential East Tower has had strong pre-sales amounting to more than $700m and it could be built as part of a first stage this year. Multiplex was involved in the project as an early contractor but has not been part of the project for 12 months. Beulah has indicated that a term sheet had been exchanged with a preferred contractor, comprising a major local builder and an international construction conglomerate. It is first working on the mixed-use West Tower. The site was backed by Malaysian lenders and local finance house Payton, which confirmed it had a very small exposure to the project via the landowning entity – which is not in administration. Payton has been working closely with the borrower via enhanced monitoring in respect of its capital strategy, which includes the JLL process to pursue a recapitalisation or sale. The loan was written before HMC Capital bought Payton Capital last year, and the position is indemnified. realcommercial.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) © REA Group Ltd By accessing or using our platform, you agree to our Terms of Use. An artist’s impression of the Southbank skyscraper Malaysian-backed developer Beulah International is chasing a deep-pocketed partner to back its vision for one of the nation’s largest ever mixed-use schemes The developer behind plans to build the nation’s tallest building in Melbourne is trying to find a capital backer despite the project management company of the $2bn Southbank skyscraper falling into administration as it looks to defy the harsh climate for new projects in Victoria The company has plans for a striking mixed-use project including luxury apartments but voluntary administrators Pitcher Partners were called into project management company BSSPV Pty Ltd on Tuesday This followed moves by architecture firms Cox Architecture and UN Studio last month losing a winding-up order against BSSPV The case was due to be heard later this month in the Victorian Supreme Court Pitcher Partners insolvency experts David Vasudevan and Lindsay Bainbridge are handling the administration but declined to comment Building was slated to begin on the STH BNK by Beulah in 2023 with the twin towers as high as 366m to loom over Melbourne’s city skyline But Beulah International’s ambitious project was hit by rising building costs and poor timing for residential projects in Melbourne even though it had record pre-sales including a $35m sub-penthouse as Victoria has been slugged by high taxes and sliding property prices its ­location and the multifaceted ­nature also made it hard to stack up in the present environment with some expecting a smaller project to eventually emerge An artist’s impression of the world’s highest vertical garden to be built in the $2bn Southbank skyscraper But Beulah International remains keen to get its project off the ground and is starting a search for a capital partner to get started separately from the project manager’s administration Beulah International is understood to have tapped JLL’s Josh Rutman and Jesse Radisich to run a process to find a partner This could range from a passive partner leaving the scheme to the existing developer to a more active player looking for a joint venture The developer may also consider selling or carving up the site if a buyer chased what is one of the last available Southbank development parcels Beulah International bought part of the site for the STH BNK by Beulah project in 2017 and then expanded it in 2021 BSSPV was set up by Beulah to provide planning and design for STH BNK following what it called “unexpected delays in the progress of the project” Beulah director Jiaheng Chan said the decision to put BSSPV Pty Ltd into voluntary administration was made “to allow additional time to progress the project “This is not a situation we wanted to find ourselves in but our project is not immune to the market challenges faced across Melbourne,” Mr Chan said “Despite our best efforts and those of our partners and creditors we failed to achieve a target by early 2024 that would have seen us activate construction finance at that time JLL is working with consultants KPMG on seeking proposals from parties locally and in Asia for potential equity commitments STH BNK has been billed as a city within a city as well as a world-famous Centre Pompidou from Paris The project’s Residential East Tower has had strong pre-sales amounting to more than $700m and it could be built as part of a first stage this year Multiplex was involved in the project as an early contractor but has not been part of the project for 12 months Beulah has indicated that a term sheet had been exchanged with a preferred contractor comprising a major local builder and an international construction conglomerate It is first working on the mixed-use West Tower The site was backed by Malaysian lenders and local finance house Payton which confirmed it had a very small exposure to the project via the landowning entity – which is not in administration Payton has been working closely with the borrower via enhanced monitoring in respect of its capital strategy which includes the JLL process to pursue a recapitalisation or sale The loan was written before HMC Capital bought Payton Capital last year Due to the surrounding storms and imposing lighting tonight’s official Watch Party event at Southbank has been cancelled Stay tuned for details and keep safe in the storms The Brisbane Heat welcomes you to attend our BBL|14 Brisbane Heat Watch Party on December 18 First-ball against the Melbourne Stars will be at 6:15 pm AEST We look forward to welcoming you to our Watch Party! Let’s turn South Bank into a sea of teal. There’s no better place to enjoy a night of cricket, family, food & fun. Best of all, entry is FREE! Here’s what to expect:    📆 Wednesday 18 December 2024⏰ CRICKET BLAST ACTIVITIES 5PM⏰ HEAT V STARS LIVE STREAM📍 South Bank, Cultural Forecourt (Brisbane Sign) We acknowledge and pay respect to our First Nations people and Traditional Custodians of the land and waters where we are privileged to live, work and play. We recognise and celebrate their spiritual and ongoing connection to culture and country. We respectfully acknowledge all elders past, present and emerging as we continue to cherish shared wisdom and grow with their guidance as we walk together toward a connected country. Brisbane Heat’s indigenous artwork was collaboratively designed by WBBL player and proud Kunja woman Mikayla Hinkley and Brisbane Indigenous artist, Delores McDonald (“Aunty Delly”). The centre circle represents the Gabba, alongside other water holes which used to be near the ground. 87 black strokes on red earth represent the wickets taken by Aboriginal great, Eddie Gilbert who played 23 games for Queensland. 1) 0ms;transition:fill 200ms cubic-bezier(0.4 1) 0ms;font-size:1.5rem;}.mui-13xs5pt{width:100vw;max-width:100vw;margin-top:1px;}.mui-68tkgc{width:100vw;max-width:100vw;margin-top:1px;}.mui-1i0sejk{min-width:200px;border-radius:4px;}.mui-o2bopd{text-align:center;-webkit-flex:0 0 auto;-ms-flex:0 0 auto;flex:0 0 auto;font-size:1.5rem;padding:8px;border-radius:50%;overflow:visible;color:rgba(0 0.54);-webkit-transition:background-color 150ms cubic-bezier(0.4 1) 0ms;transition:background-color 150ms cubic-bezier(0.4 1) 0ms;padding:12px;font-size:1.75rem;}.mui-o2bopd:hover{background-color:rgba(0 0.04);}@media (hover: none){.mui-o2bopd:hover{background-color:transparent;}}.mui-o2bopd.Mui-disabled{background-color:transparent;color:rgba(28 1) 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0.12);}.mui-i4adjf:hover{box-shadow:none;}.mui-i4adjf.Mui-focusVisible{box-shadow:none;}.mui-i4adjf:active{box-shadow:none;}.mui-i4adjf.Mui-disabled{box-shadow:none;}self.__next_f.push([1,"2a:Td74,"])self.__next_f.push([1,"\n googletag.cmd.push(function() {\n // home leaderboard (desktop)\n googletag.defineSlot('/34178149/970x90_top_leaderboard' the Malaysian-backed developer proposing the $2.7-billion Sth Bnk project \u003ca data-mce-href=\"https://www.theurbandeveloper.com/articles/beulah-sth-bank-project-manager-voluntary-administration-victoria\" href=\"https://www.theurbandeveloper.com/articles/beulah-sth-bank-project-manager-voluntary-administration-victoria\" target=\"_blank\" rel=\"noopener\"\u003ecalled in administrators for its project management arm\u003c/a\u003e in February.\u003c/p\u003e\u003cp\u003eThe company collapsed with debts of more than $100 million.\u003c/p\u003e\u003cp\u003eCreditors voted this week in favour of the director's proposal to sell the site despite it granting them just a quarter of the debt that they are owed.\u0026nbsp;\u003c/p\u003e\u003cp\u003eMany of BSSPV’s creditors are related to other entities in Malaysia connected to Beulah but around $5.3 million is owed to several Australian-based businesses.\u0026nbsp;\u003c/p\u003e\u003cp\u003eThose creditors include Cox Architecture KPMG Financial Advisory Services and UN Studio.\u0026nbsp;\u003c/p\u003e\u003cp\u003eAs reported in other media AECOM $362,181 and KPMG $364,650.\u0026nbsp;\u003c/p\u003e\u003cp\u003eHow much creditors will receive will depend on what is raised through the sale of the site.\u003c/p\u003e\u003cp\u003eApproval of the proposal means deed administration can now begin.\u003c/p\u003e\u003cp\u003eOnce this deed of company agreement is formally executed within 15 business days control of BSSPV will return to the director of the company \u003c/p\u003e\u003cp\u003eThe site is the former BMW showroom on City Road in Melbourne’s Southbank and is owned by another Beulah company Source: Beulah.\" data-mce-src=\"//images.ctfassets.net/8pr762qjocl3/7uBmyASOoSC1ojOylWscEj/20057764308c63cbd8ae6d562d4db02b/beulah_story_mid_article_image.jpg\"\u003e\u003c/picture\u003e\u003cdiv\u003e\u003cspan style=\"opacity: 0.8;\" data-mce-style=\"opacity: 0.8;\"\u003e▲ The two twisting towers that make up the Sth Bnk project by Beulah in Melbourne 202 hotel rooms operated by the Four Seasons and 789 apartments ranging from one bedroom to five bedrooms.\u003c/p\u003e\u003cp\u003eWhen the project launched in April of 2022 Source: Beulah.\",\"alt\":\"The two twisting towers planned for the STH BNK project by Beulah in Melbourne Source: Beulah.\",\"imageDesc\":\"The two twisting towers planned for the STH BNK project by Beulah in Melbourne Beulah International, the Malaysian-backed developer proposing the $2.7-billion Sth Bnk project, called in administrators for its project management arm in February collapsed with debts of more than $100 million Creditors voted this week in favour of the director's proposal to sell the site despite it granting them just a quarter of the debt that they are owed Many of BSSPV’s creditors are related to other entities in Malaysia connected to Beulah but around $5.3 million is owed to several Australian-based businesses KPMG Financial Advisory Services and UN Studio How much creditors will receive will depend on what is raised through the sale of the site Approval of the proposal means deed administration can now begin Once this deed of company agreement is formally executed within 15 business days The site is the former BMW showroom on City Road in Melbourne’s Southbank and is owned by another Beulah company SB Nominees is not in administration and will be open to selling the entire site or taking on a partner as part of a joint venture with Beulah Settlement is expected to occur within 18 months but the sale option means creditors would get more than if they chose to liquidate the company Early works were expected to start on the project this year with a $35-million sub-penthouse and pre-sales already completed The project consists of two towers with amenities including a luxury car fleet and a hotel component There will be a planned 27,000sq m of office space 202 hotel rooms operated by the Four Seasons and 789 apartments ranging from one bedroom to five bedrooms When the project launched in April of 2022, Beulah had a record $400 million in pre-sales with buyers expected to put down $5000 as a deposit to register.  Many bought several apartments intending to combine them to create larger spaces. over-indulging at celebratory shindigs and pretending not to be annoyed about receiving another pair of socks: they're all a part of every Christmas The folks at South Bank certainly think so, and are putting together their yearly Christmas Cinema Series to add movie merriment to the precinct's seasonal festivities But these free films are never just for families Any yuletide movie held under Brisbane's starry skies and by the water at South Bank's Cultural Forecourt at this summery time of the season is perfect for Pack a picnic and enjoy a flick every night from Friday, December 14–Sunday, December 22. On the movie lineup: Elf as well as food trucks serving up bites to eat I love living in the CBD and I can’t imagine living anywhere else But I’m often tempted to venture out to Southbank and Docklands – just on the city’s fringes these suburbs feel like extensions of it rather than its competitors And they have a wider range of dining options than they’re usually given credit for both suburbs have plenty to offer those willing to explore so there’s even more reason to step just outside the Hoddle Grid travel spots and more – curated by those who know Whether you’re catching a game at Marvel Stadium or just looking for an exciting new place to try Chef Shannon Martinez (of Smith & Daughters) helped develop the flame-focused menu plus their plant-based counterparts – all made by Martinez’s team the elegant sibling venue designed by Hachem (W Melbourne the menu is roughly half plant-based and entirely fire-driven don’t miss the bottomless brunch: unlimited cocktails and a share-style menu that spans South America and a newer one at Melbourne Quarter – grab a quick bite on the go or linger over a leisurely lunch The all-day menu focuses on Italian-style proteins with an emphasis on salumi You’ll find them layered into paninis like the prosciutto with fior di latte and rocket or the mortadella with stracciatella and pickled zucchini There’s also Italian stovetop coffee served with biscotti and cremino (an Italian gianduja chocolate) Whether you’re after a new dining spot or just want to rediscover the city’s outer edges now is the time to explore these nearby suburbs This article is produced by Broadsheet in partnership with Team Arron Wood The candidate for Melbourne’s Lord Mayor aims to revitalise Southbank and Docklands in line with the vision of residents and business owners alike Bakeries and Restaurants That Opened or Closed in April 32 of the Hottest Dishes and Drinks in Melbourne Right Now Menu Reveal: Five Things To Order at Junda Khoo’s Ho Liao First Look: Filipino Pop-Up Palay Moves to Fitzroy for Good Look out for your first newsletter in your inbox soon The best of Melbourne straight to your inbox We help you navigate a myriad of possibilities Sign up for our newsletter for the best of the city By entering your email address you agree to our Terms of Use and Privacy Policy and consent to receive emails from Time Out about news Sign up for our email to enjoy Melbourne without spending a thing (as well as some options when you’re feeling flush) By entering your email address you agree to our Terms of Use and Privacy Policy and consent to receive emails from Time Out about news, events, offers and partner promotions. Melbourne The infamous red stairs in Southbank are set to be completely redesignedThe landmark that has long had a reputation as an eyesore is now getting an overdue makeover and is host to Melbourne's thriving arts precinct the area also has its downfalls – including a massive The big red staircase featured in Queensbridge Square has plagued the river promenade for many years as a failed attempt at activating the area to become a popular public gathering place it sits overlooking the Yarra and serves to mainly confuse tourists about what it actually is.  The City of Melbourne has listened to our collective gripes about the eyesore and decided to sort it out once and for all They've announced plans to redesign the woeful amphitheatre so it can live up to its potential of becoming a spot that Melburnians will actually enjoy.   Melbourne mayor Nicholas Reece called the red stairs "very tired (and) very rundown".  "You might even say they’re embarrassing they need an overhaul,” says Reece.   “There’s a huge opportunity here to create a modern meeting place for Melburnians A location that’s as well-known as ‘under the clocks’ at Flinders Street Station.” the city's council has decided to hold a competition to determine what the new design will be inviting professional designers from Australia and abroad to submit their ideas The winning design will either proceed to commission or receive a cash prize of potentially $25,000.  The City of Melbourne is also planning to run design competitions to give makeovers to several other spots across the CBD that are in need of some TLC creative structures popping up around the city in the coming months and years.  To find out more about the design competition, visit the City of Melbourne website.  Stay in the loop: sign up for our free Time Out Melbourne newsletter for the best of the city Thanks for subscribing! Look out for your first newsletter in your inbox soon! twitterinstagrampinterestAbout us Contact us Crown Resorts has offloaded a major Melbourne development site that was to be the home of a significant expansion as private equity owner Blackstone attempts to turn around its poorly performing investment New filings with the Australian Securities and Investments Commission show the private equity-owned casino group sold its One Queensbridge site in Melbourne for $85 million in August It was once intended to be developed into a $1.75 billion Read MoreCasinosCrown ResortsEarnings seasonLatest In Gaming & wageringFetching latest articles Travel around Brisbane on a CityCat or ferry Brisbane City Council currently operates a fleet of 26 CityCats and 5 KittyCats A network of 22 terminals stretches from The University of Queensland (UQ) St Lucia to Northshore Hamilton For timetable and ticketing information, visit Translink For timetable and ticketing information, visit Translink Council is planning to retire 2 first generation CityCat vessels and make them available for sale to accredited operators. Learn more Council is planning to retire 2 first generation CityCat vessels and make them available for sale to accredited operators. Learn more Express CityCat and ferry terminals are ordered from west to east The map contains the location and current status of each terminal Click on the ferry terminal icons to display details The all-stops CityCat (F1) service operates daily between The University of Queensland (UQ) St Lucia and Northshore Hamilton For full timetable information, visit Translink The all-stops CityCat (F1) service operates daily between The University of Queensland (UQ) St Lucia and Northshore Hamilton For full timetable information, visit Translink The Express CityCat service operates during weekday peak periods between Apollo Road and Riverside (F11) and West End and QUT Gardens Point (F12) For Express CityCat timetable information, visit Translink The Express CityCat service operates during weekday peak periods between Apollo Road and Riverside (F11) and West End and QUT Gardens Point (F12) For Express CityCat timetable information, visit Translink Brisbane’s 4 Cross River ferry routes are operated by a fleet of 5 KittyCat ferries These services operate to a regular all-day frequency For full Cross River ferry timetable information, visit Translink For full Cross River ferry timetable information, visit Translink You can take your approved assistance animal bike or e-mobility device for free on all CityCats and ferries Make sure you understand the rules before you travel.  Make sure you understand the rules before you travel.  You can travel with your approved assistance animal on CityCats and ferries For information on how to apply for a Translink Assistance Animal Pass: You can bring your dog on CityCats and ferries.  For more information about travelling with pets, visit Translink You can bring your dog on CityCats and ferries.  For more information about travelling with pets, visit Translink If there’s enough space, you can take your bike, scooter or e-mobility device on CityCats and ferries at the Master’s discretion If there’s enough space, you can take your bike, scooter or e-mobility device on CityCats and ferries at the Master’s discretion Council is committed to ensuring our fleet of CityCats ferries and terminals are accessible for everyone To ensure your ferry journey is as safe and comfortable as possible Council launched CityCats on the Brisbane River in 1996 The vessels quickly became a popular and iconic mode of river transport Council has successfully delivered the NextGen CityCat fleet We're now planning to retire some of the older First Generation vessels that are no longer required our suplus CityCat vessels will be available for sale to accredited operators We've carefully maintained the vessels and want to explore whether they have a future life in service elsewhere A maritime broker appointed to represent Council will manage this process Further details about the chosen broker will be available later this year Accedited commerical vessel operators can register to receive updates on this process.  To register, email your details including company name Write 'CityCat Gen 1 disposal registration' in the subject line Accedited commerical vessel operators can register to receive updates on this process.  To register, email your details including company name we expect to make Mirbarpa and Tugulawa available to the market The key vessel details are included in the table below we expect to make Mirbarpa and Tugulawa available to the market Yes, you can bring your pet dog on CityCats and ferries during off-peak times (8.30am–3.30pm and 7pm–6am For more information about responsible travel with your pet dog, including acceptable types of muzzles and carriers, visit Translink Yes, you can bring your pet dog on CityCats and ferries during off-peak times (8.30am–3.30pm and 7pm–6am For more information about responsible travel with your pet dog, including acceptable types of muzzles and carriers, visit Translink CityCat and ferry services are paid services For more information about ticketing and fares, visit Translink For more information about ticketing and fares, visit Translink Smart ticketing is available on CityCats and ferries This means you can tap on and tap off using a Visa Mastercard or American Express contactless card or smart device CityCats and ferries still accept go cards and pre-paid paper tickets as fare payment If you're traveling on a concession fare or using a bus as part of your journey you will need to continue to use your go card or purchase a paper ticket as usual.    You cannot purchase pre-paid paper tickets onboard a CityCat or ferry service Tickets can be purchased at fare machines at a busway For more information about ticketing and fares, visit Translink you will need to continue to use your go card or purchase a paper ticket as usual.    For more information about ticketing and fares, visit Translink This free event promises fun for all ages and the perfect opportunity to meet the 2025 playing squad and new Head Coach Kiri Wills The Fan Day will feature Firebirds player appearances Families can also enjoy a chill-out zone with face-painting while fans can browse and order the latest Firebirds merchandise from new apparel partner Tribal Sports Don’t miss this incredible morning of fun and be sure join us at Riverside Green from 9am to 11.30am The Fan Day caps a big week for the Firebirds with tickets officially now on sale for all seven home games in 2025 via Ticketek To mark this important milestone in the countdown to the 2025 SSN campaign several iconic Brisbane locations will be turning purple on the evening of Wednesday February 12 including the Story Bridge and The Star Brisbane at Queen’s Wharf As momentum builds towards her maiden campaign with the Firebirds Head Coach Kiri Wills is eager to meet as many fans as possible at Sunday’s Fan Day event “It really feels like our 2025 campaign is just around the corner with tickets now on sale,” Wills said “I cannot wait to get our team on court at Nissan Arena and get to know everyone in the Purple Family “I know the players appreciate our fans' support and it makes a huge difference to every home game to know the crowd is right behind us all the way “I encourage all Firebirds fans and sports lovers to get out and grab their tickets now to join us in 2025.” The Firebirds’ first home game of the 2025 season is a Round 2 match-up with the West Coast Fever from 5pm at Nissan Arena on Saturday Tickets are now on sale via Ticketek for the 2025 Suncorp Super Netball season Don’t miss a minute of the action and secure your seat now 108 is Melbourne’s tallest residential tower offering unparalleled living spaces and a design that captures the essence of luxury and modern city life This iconic skyscraper redefines Melbourne’s skyline and provides residents with a unique living experience among the clouds Australia 108 combines striking architectural details with world-class amenities creating a residence that is both aspirational and attainable for those seeking the best of Melbourne living Australia 108 is developed by World Class Global an innovative Singapore-based developer known for creating high-quality thoughtfully designed residential projects World Class Global’s commitment to excellence is evident in every aspect of Australia 108 from the project’s bold architecture to its premium living spaces The iconic tower was constructed by Multiplex whose focus on sustainable construction practices and community-enhancing projects aligns seamlessly with Australia 108’s vision The design is the work of Fender Katsalidis Architects industry leaders celebrated for their urban design contributions and their commitment to shaping sustainable cityscapes Carr Design’s award-winning interior design expertise brings an unparalleled level of refinement to each residence ensuring an environment that is as functional as it is beautiful Experience Melbourne from a new perspective at Australia 108 For those ready to embrace the ultimate in city living Australia 108 offers private appointments with sales agents Enquire today to book your tour of this iconic Southbank residence and discover firsthand the breathtaking views and exceptional amenities that make Australia 108 a unique opportunity in Melbourne’s real estate market." View the privacy policy Australia 108: Melbourne’s Tallest Residential Tower Redefines Luxury Living Australia 108 stands as Melbourne's tallest residential tower Developed by World Class Global and designed by renowned architectural firm Fender Katsalidis this iconic skyscraper redefines the skyline while delivering a unique living experience above the clouds Elevated Interiors Designed for Sophisticated Living epitomise timeless elegance and modern comfort Each residence features floor-to-ceiling windows that flood the space with natural light highlighting expansive views of Melbourne’s iconic cityscape and high-end appliances from top-tier brands providing a blend of functionality and luxury are tailored for discerning buyers seeking the pinnacle of urban living These spaces boast exclusive features like hidden sculleries ensuring a level of comfort akin to high-end hotel suites The design language combines flowing architectural curves with a neutral palette premium materials that create a serene and elegant environment World-Class Amenities for a Resort-Style Lifestyle Australia 108 offers an extensive suite of amenities designed for both relaxation and entertainment Residents can indulge in the Sky Rise Club on Level 11 The club also includes a dining area and a virtual golf room perfect for social gatherings without leaving the building the Star Club on Levels 70 and 71 presents panoramic views of Melbourne This exclusive space includes double-height infinity pools Additional amenities like a reading lounge and a sky garden offer a tranquil escape from the city’s hustle providing a luxurious sanctuary for residents The Vibrant Heart of Southbank at Your Doorstep Situated in Melbourne’s dynamic Southbank precinct Australia 108 places residents at the centre of the city’s cultural and culinary scene Just moments away are iconic venues such as the National Gallery of Victoria The nearby promenade is lined with sophisticated eateries while Melbourne’s famous laneways across the Yarra provide endless options for cafes and hidden bars Sports enthusiasts and event-goers will appreciate the proximity to major venues like Rod Laver Arena Australia 108 is just a seven-minute walk from Flinders Street Station and is well-serviced by trams along Southbank Boulevard making it easy to connect with the CBD and beyond Australia 108 is a testament to the vision of World Class Global a Singapore-based developer known for its commitment to creating high-quality The tower’s bold architectural design by Fender Katsalidis and meticulous interiors by Carr Design demonstrate a seamless fusion of urban sophistication and sustainable living the development aligns with the highest standards of sustainable building practices For those seeking the ultimate in luxury and location Australia 108 offers a unique opportunity to experience Melbourne from an entirely new perspective Enquire today to book a private appointment and explore the sophisticated interiors and unparalleled amenities that define this landmark residence in Southbank We're on a mission to radically improve the quality of Urban communities being developed across Australia We aim to showcase every development in Australia to help you find the perfect new home Twentieth Century Society wants London landmark to get listed status with brutalism in Oscars spotlight The Southbank Centre was once voted Britain’s ugliest building, but fresh interest in its architecture after the success of The Brutalist has prompted a renewed call to get it listed For 34 years successive governments have resisted proposals to list the centre – a set of concrete buildings that include the Hayward Gallery the Purcell Rooms and Queen Elizabeth Hall has called again for the three buildings to be listed The calls came on Wednesday when an immunity from listing was due to expire The owners of the building have asked for this immunity to be extended for another five years. The C20S has recommended this should be rejected and that ultimately the centre be granted Grade II*-listed status. The society claims it has the backing of the government’s heritage agency, but Historic England said its views listing were confidential. Historic England (formerly English Heritage) has recommended listing the Southbank Centre on five separate occasions but this was rejected by successive culture secretaries. Read moreIf the Southbank Centre were to be listed it would end one of longest-running architectural standoffs between campaigners and the authorities said: “This visionary combination of performance spaces and art gallery is a postwar architectural masterpiece and is perhaps the most totemic – and controversial – example of British brutalism currently in the spotlight thanks to the Oscar-nominated film of the same name.” This week the three-and-half hour movie won best picture at the London Critics’ Circle awards and it is one of the favourites for the Oscars Croft herself hated the movie At a screening last month she told the Guardian’s architecture critic Oliver Wainwright: “It’s just utter tosh.” But she has been delighted by the enthusiasm it has sparked for brutalist buildings Croft said: “This is the building which often prompts the response ‘I can’t believe it’s not listed’ It is an internationally recognised brutalist masterpiece long loved by aficionados and now increasingly understood and respected by the wider public.” The Hayward Gallery, Purcell Rooms and Queen Elizabeth Hall were designed by the former London county council architects department Their deliberately rough concrete surfaces marked a change in style from the sleek surfaces of classical modernist architecture Daily Mail readers voted it Britain’s ugliest building several plans have been put forward to redevelop the Southbank Centre Other modernist and brutalist buildings on the South Bank have been listed including the Royal Festival Hall which was granted Grade I status in 1988 Listing the Southbank Centre would require approval from the Department for Culture Croft said: “Our message for DCMS and the heritage minister She added: “The recent restoration has revitalised the inspirational interiors and we’re confident listing would not impede any future programming or maintenance the complex unquestionably meets all the relevant criteria for a designation “The prestige and recognition of listing would send out a positive message about our brutalist heritage more generally and encourage the appreciation and sustainable reuse of other outstanding examples across the country.” A spokesperson for Historic England said: “Any listing recommendation we make is confidential until DCMS has made its decision.” The Brisbane Lions will meet Sydney Swans in the 2024 Toyota AFL Grand Final on Saturday September 28th at the Melbourne Cricket Ground After the heartbreak of the last-minute 2023 Toyota AFL Grand Final loss the Lions will be looking to go one better in 2024 AFL Queensland will once again be taking over South Bank Parklands with fun family-friendly activities and a place to watch the 2024 Toyota AFL Grand Final live and free on Channel Seven on Saturday 28th September View Brisbane Lions Finals Hub AFL’s Grand Final Fever will hit Brisbane’s iconic South Bank with public activations Participants can also visit the Brisbane Lions merchandise stall and get photos with Brisbane Lions mascots Roy and Auroara Location: South Bank’s Cultural Forecourt (outside QPAC) Register for your free 2024 Toyota AFL Grand Final Clinic here Cheer the Brisbane Lions on in the 2024 Toyota AFL Grand Final with footy fans at South Bank You can watch the game live and free on Channel Seven at the Cultural Forecourt or have a soak and watch in the pool Location: South Bank Cultural Forecourt and South Bank Streets Beach In the spirit of reconciliation the AFL acknowledges the Traditional Custodians of country throughout Australia and their connections to land We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today This article is from the Australian Property Journal archive Oxford Properties Group and Investa have topped out their latest build-to-rent (BTR) project the tower is part of the Boyd Village precinct under development by PDG and has been under construction for two years owned by Oxford and developed and managed by Investa has reached nearly 1,400 apartments across the three assets Indi Southbank is scheduled for completion in mid-2025 with residents moving in shortly after It will include at least 40 affordable homes such as private dining and entertainment rooms media rooms and a cocktail lounge on level 42 that offers views of the city skyline CEO at Investa said “The Indi brand has clearly resonated with Sydneysiders and we are looking forward to releasing our two Melbourne properties to the market later this year.” vice president and head of development Asia Pacific said Oxford is a “high conviction” investor in BTR globally “The undersupply of rental accommodation, population growth and evolving lifestyle needs continue to drive demand in the living sector across Australia,” he said Australia’s fledgling BTR sector has to date been underpinned by developments on the edge of or close to Melbourne’s CBD Green Street’s global news publications are not provided as an investment advisor nor in the capacity of a fiduciary  Our global organization maintains information barriers to ensure the independence of and distinction between our non-regulated and regulated businesses is authorized and regulated by the Financial Conduct Authority (FRN 482269) and a private limited company incorporated in England and Wales with company number 06471304 She’s usually too busy running kangaroo and pork sausage rolls smoked corn croquettes and passionfruit chilli margaritas to the tables it’s a good chance to reflect on the buzzing waterfront promenade where Melbourne likes to let its hair down “It really is the heart of Melbourne’s cultural precinct,” she says “The area attracts an equal number of locals and tourists iconic attractions like the Arts Centre and great riverside views.” Grab a sunset spritz on the umbrella-shaded deck and see what she means The daytime river is busy with rowers and landlubbers steering electric picnic boats while the promenade is more entertaining than Netflix Browse Domain’s property and lifestyle magazines Southbank has had its fair share of ups and downs since it was a brownfield site last century with new hospitality venues popping up and established favourites refreshing their offerings Its real-estate offerings have also diversified with more high-end developments aimed at downsizers and cashed-up owner-occupiers entering the market Camberwell: Hiring a stall at this suburb’s Sunday market is no mean feat Apollo Bay: Why people say this beach town is ‘a good place to open a business’ Geelong: From sleepy and overlooked to vibrant foodie paradise such as the greening of the neighbourhood with two new public parks and more than 400 extra trees added to a streetscape dominated by high-rise towers The City of Melbourne spearheaded the $44 million project in recognition of the limited public space for Southbank’s 20,000 residents who share an area of just 1.7 square kilometres with each other and the thousands of visitors who descend each day with Tim Blackett from Kay & Burton Code Black Coffee, located between Crown and the Red Stairs at Queensbridge, is the perfect city stop. Whether it’s a quick espresso or a slow morning brew, its coffee is consistently excellent and the people-watching along the Yarra makes for a great morning ritual. With Crown at your doorstep, you’re spoilt for choice. Whether it’s a special occasion or an impromptu dinner, Southbank’s dining scene is vast and impressive. Two of my favourites are Rockpool for a great steak or seafood, or Nobu for incredible Japanese. Southbank’s apartment market is seeing renewed interest, particularly in high-end residences with premium amenities. The mix of city professionals and international buyers keeps demand steady, while luxury developments continue to set new benchmarks. 1 Bath1 ParkingView listing Seemingly suspended in the treetops, this apartment’s oversized outdoor terrace is a huge drawcard for inner-city dwellers. Housed in the Southbank Gardens complex close to the newly greened Southbank Boulevard, it’s in a tranquil pocket of the happening suburb. An undercover car space and two storage cages add convenience. The information on this website is intended to be of a general nature only and doesn't consider your objectives, financial situation or needs. where we are privileged to live and operate LondonGardner’s pacing was virtuosic as his cast of hundreds proved the Southbank Centre’s maxim that you cannot experience the Multitudes festival at home is that “you can’t experience Multitudes at home” making space for sinewy woodwind and mere flashes of intensity through another achingly slow buildup climactic phrases placed with absolute precision Woven through this intricate texture and singing mostly from behind the orchestra the eight solo voices inevitably made the greatest impact at quieter moments then appeared on stage and followed Gretchen up into the auditorium for redemption under a spotlight’s glare Such gestures felt bluntly out of place: too bland and too literal to hold their own alongside such a powerfully immersive musical performance With a population of 22 million people from around the world, Mexico City (or CDMX as it’s colloquially known) is a culinary melting pot Chef Ross McCombe spent seven years immersing himself in the hospitality landscape there before returning home to Australia He’s heading up Southbank restaurant Hacienda the company behind Hawthorn’s Osteria 20 and Richmond’s Ella And he’s got a team of Mexico City locals with him “We’re not doing the sombreros,” says manager Gianni Monti who grew up in CDMX before moving to Perth in 2009 “We’re doing what’s currently trending in Mexico City McCombe still operates two taquerias in CDMX and another two in Bangkok that pair traditional Mexican flavours with the Asian influences he grew up with in Australia which channels traditional Mexican flavours with a subtle international edge though McCombe has moved away from tacos in favour of a share-style menu inspired by La Docena Queensland mud crab cooked in brown butter is served on house-made tostadas Larger dishes include lechon (suckling pig) with apple pico de gallo sherry jus and a peanut mole made from around 30 ingredients; clay-baked beetroot with cashew mole almond cream and Mexican-style fresh cheese; and beef rump cap with green peppercorn chimichurri Each is served with a pocket of fresh soft corn tortillas also made in-house in the restaurant’s front window “I need to make my own tortillas,” says McCombe “I think everyone in the kitchen hates me at the moment.” The team use a machine to help expedite the dough-rolling process a bit but the masa (corn dough) is painstakingly prepared from scratch using ground nixtamalised corn (a traditional process where the kernels are soaked in an alkaline solution to enhance digestibility) he’s focusing on agave-based spirits from around Mexico including made from a grass that’s in the agave family; and ​​bacanora They’re very expressive of terroir,” Monti says but the people and the communities that are around it have different ways of processing that plant into a spirit You can take your spirit neat or in cocktails like the Frida The space hasn’t changed much structurally since it operated as Italian restaurant Tutto Bene, but Ben Fretard helped redesign the interiors with Mexican folk sculptures and accents of red neon and there are plans to have a raw bar and host tequila masterclasses haciendamelbourne.com.au More than 30 years after World Expo ’88 transformed it into public parklands South Bank continues to shine as a cornerstone of Brisbane’s identity the precinct is poised for a comprehensive revamp to meet the needs of its dynamic community This visionary blueprint offers strategies to rejuvenate cherished spaces and celebrate South Bank’s iconic features It’s a plan that draws from the past while looking toward the future aiming to maintain South Bank’s status as a globally recognized riverside destination If you have firm thoughts on South Bank’s place and purpose in Brisbane you might have shared them with the Queensland Government back in 2022 That was when news of the precinct’s redevelopment emerged accompanied by a draft proposal for reimagining the 42-hectare inner-city gem with more than 25,000 pieces of feedback shaping the final plan Key features of the proposal include treetop walks and a longer promenade extending to Kangaroo Point These improvements reflect the community’s vision of a more connected The Master Plan emphasizes several transformative projects: Key areas targeted for redevelopment include South Bank’s northern and southern gateways (e.g. the Maritime Museum and BRISBANE sign) and Grey Street The aim is to transform Grey Street into “one of the world’s most-recognisable subtropical people-centric streets.” the plan reflects the invaluable contributions of the public: “With 89 percent of respondents expressing support for the plan’s vision we are prioritizing increased greening of the precinct and travel connectivity improvements.” Queensland Minister for State Development and Infrastructure emphasized the precinct’s role in Brisbane’s future: “South Bank is a lasting legacy of Expo 88 and its Master Plan envisions how South Bank can help create our next big legacy including from the Brisbane 2032 Olympic and Paralympic Games.” While the exact timeline for these developments remains flexible significant upgrades are expected in alignment with Brisbane’s 2032 Olympic and Paralympic Games These enhancements will complement other city transformations such as QPAC’s fifth theatre and the Neville Bonner and Kangaroo Point green bridges the latter featuring an overwater bar and restaurant the Future South Bank Master Plan represents a bold step forward in creating an inclusive It builds upon its history as a legacy of Expo 88 while paving the way for new milestones in Brisbane’s story We encourage you to like the Your Neighbourhood Facebook page to be updated on other projects or developments in Brisbane or its surrounds News articles are presented in an unbiased manner based on information that is publicly accessible and includes referenced links for the reader to obtain any further information The facts of the proposed government projects school upgrades and development applications are based on the available information at the time of the published date with information sourced directly from company websites media releases and development application material We reference all our information at the end of the articles and promote the creators with website backlinks Contact us: mail@yourneighbourhood.com.au SearchReview: My Brilliant Career at Southbank Theatre, The Sumner Theatre TravelsNov 17 MTC is the latest company to give Miles Franklin’s novel “My Brilliant Career” a makeover – this time as a musical We all know the story of Sybylla Melvyn - a woman growing up in 1890s Australia Options are limited but her talent and drive as a storyteller are in abundance Forced to choose between romance and her own genius The musical is a super accessible genre for those hard-to-attract to youngsters to mainstage theatre and for curious theatre goers who may be wondering whether we really need yet another version of this story The original team: book and lyrics by Dean Bryant gold-plated-thigh-slapping comic genius of writer Sheridan Harbridge who joined the team as book writer on this production Directed with elegance and elan by Ann-Louise Sarks with choreography by Amy Campbell this version of “My Brilliant Career” has a top-notch team The music stakes a claim from the opening number – soaring pub rock style delivered with chutzpah by the phenomenal Kala Gare as Sybylla rock and anything in between this musical melange is led by powerhouse musical director Victoria Falconer and delivered by a multi-talented cast who play all the instruments and characters across the 2 hours of the show This Sybylla doesn’t benefit from a strong character arc and the second half scenes were overly long and we all know where it ends the performances and design are its strengths Marg Horwell’s work shines as both set and costume designer She takes a unique twist on the ninetieth century dress styles runs all through a twenty-first century wringer and created a visual delight that keeps on giving The poetic dry grass covered stage conjures the vast emptiness of drought stricken Australian grazing lands and a feral playground on which to bring Sybylla Melvyn and her twenty first century attitudes to life is beyond incredible and worth the price of a ticket alone Actor Musicians include Cameron Bajraktarevic-Hayward (who is hilarious as suiter Frank and plays a mean cello) Lincoln Elliot (playing multiple roles and impressing as always with his musical prowess) Raj Labade (hot guitarist and ultimate love interest) Drew Livingston (delightfully playing fathers Sybylla’s sister and suprising as socialite Blanche) Ana Mitsikas (gorgeous and witty as Grannie amongst other roles) Christina O'Neill  (outstanding as both mother and Aunt Helen – she definitely needs another song) and Jarrad Payne (percussion and ensemble) It's a rare thing to encounter a solid ambitious Australian musical and hats off to MTC for developing the project over the last five years “My Brilliant Career” is on its way and hopefully will have time following this outing to refine and shine Examination of the work of white feminists and fellow travellers active at the time of Federation have risen in prominence in Australian culture Adaptation into new forms helps highlight the stories and (possibly) the complexity surrounding figures such as Miles Franklin Is it beyond the scope of a musical adaptation of a palatable popular novel to explore feminist pioneers and their politics this “My Brilliant Career” needs a little more grit in the oyster to create a pearl Broadway DivaThe Sweet Science of BruisingPast ProductionsMore Δdocument.getElementById( "ak_js_1" ).setAttribute( "value" the choir invites participants to take part in weekly lunchtime drop-in singing sessions Led by dynamic choral conductor Renee Heron Choir 3006 offers a social and musical escape from the daily grind No prior music training or experience is necessary Keep up with the latest music news, features, festivals, interviews and reviews here A post shared by Melbourne Recital Centre (@melbrecital) This initiative tackles urban loneliness by fostering social connections through music Its convenient lunch-hour scheduling ensures local workers and residents can join without interrupting their daily routines Attendance is casual, but interested participants are encouraged to register their interest to receive updates and further details. For more information and to register, visit Melbourne Recital Centre Given its proximity to the city and the river it's no surprise that the near-12,000 apartments make up over 98 per cent of dwellings in the 3006 postcode It wasn't until the 1990s when the suburb began its development having predominantly been a commercial and industrial area Just over two decades ago, work began on Eureka Tower, which by the time it completed in 2006, was the tallest residential building in the southern hemisphere at nearly 300 metres, putting Southbank on the global map That was topped in 2020 when the 317-metre Australia 108 was completed only 200 metres from the front door of Eureka comprises 1105 apartments across a 100-level building It was one of the first crop of towers with upscaled resident amenities a trend which we've seen only grow in the last five years The building boasts two exclusive resident grand lobbies with lounges and a hotel-style porte-cochere The Sky Rise Club features a heated indoor swimming pool on Levels 70 and 71 and reserved for owners of the more premium apartments full glass infinity pools with spa facilities One of the newest tower developments in development in Southbank is STH BNK by Beulah The 367-apartment development has already seen records shattered after it hit the market last year. A penthouse broke the Melbourne off the plan apartment record when it sold for $35 million, only to be topped by a sub penthouse that sold for $38 million At the heart of STH BNK by Beulah will be the world’s tallest ‘greenscraper’—promising a green active and connected urban environment with the future of retail innovation A wellness precinct, located on an entire podium level in STH BNK by Beulah is designed to be the city's world-class all-in-one health and wellness destination backed by science's leading practices International developer OSK Property is also working on one of the largest mixed-use precincts in Melbourne nearby Melbourne Square, across an unrepeatable two-hectare site on City Road above Melbourne’s internationally acclaimed Arts Precinct with two towers already completed and ready to move in Currently under construction is BLVD the latest stage which offers just over 600 apartments across a 74-level tower littered with facilities like private dining rooms and a double-storey co-working area on levels 55 and 56 Multiplex is building BLVD which is slated for completion in early 2028 While precedent has been set for towers getting up to 100 levels, not every development in Southbank is reaching that high into the sky Almost boutique at 62-levels is The Queensbridge Building by Time & Place, MaxCap Group and Hickory, under construction on Queensbridge Street, just one street back from Crown Melbourne The Queensbridge Building will have 367 apartments which will share the building with the 188-room Hannah St Only a handful of developments have completed in recent years. Central Equity's FOCUS is Melbourne's most awarded high-rise development in 2023 FOCUS won the prestigious Victorian Housing Award from the HIA and also a coveted UDIA Victoria Award for Excellence The $450 million FOCUS Melbourne comprises a mix of one International developer Landence also recently completed its slice of Southbank. The Evermore, a two-tower development designed by Hayball closer to the Botanic Gardens than the Yarra River has over 50 different floorplans for buyers to choose from There are 366 one, two and three-bedroom apartments in The Evermore, atop a podium level housing upscale retail spaces Enquiry for apartments in Southbank on Urban.com.au has been dominated by first home buyers since the start of 2024 They represent 46 per cent of enquiry in Southbank this year followed by those buying their next home (34 per cent) Project searches in Southbank spiked by nearly 60 per cent from September to October I was hugely impressed by this breathtaking combination of dance and music The dance choreography is by the German Sasha Waltz – like her name her moves Waltz majestically across the stage – and the music by renowned minimalist composer Terry Riley He composed In C in 1964 and Sasha used it to frame her 2021 work with the same title They are both drawn to innovative and open-ended structures and so In C allows them in their different art forms to pursue similar lines of enquiry The result is truly breathtaking and groundbreaking Both pieces are classics of so-called minimalist art An analogy might be drawn with Samuel Beckett’s Waiting for Godot in 1955 in which he broke all the conventions of naturalist drama and gave us pure drama with no recognisable setting or stage furniture just two people somehow trying to get through the day Just as audiences reacted with bafflement to Waiting for Godot so audiences have on the whole found modern dance and minimalist music challenging And if you wanted to put yourself in a learning experience and get into this genre I can assure all you sceptics that this is a brilliant piece of art My recommendation would be to clear away any prejudices you might have and just go along and see and hear it for yourself I guarantee it will open up a whole new way of seeing/hearing our world Twelve musicians and eleven dancers create a piece of art that and shadows that hypnotise and mesmerise with equal force they have freedom within that to improvise and adapt The dancers have moves and patterns which they stick to but within which they can respond and improvise The sounds of the musicians and the sounds of the performers’ feet impacting the dance floor merge to create a tremendously haunting soundscape with patterns and moves made by the dancers Once identified you can move your eye to different individual performers and compare how they “do’’ the moves It becomes endlessly fascinating to play this game of compare and contrast The dancer I thought was the “best” suddenly gets replaced by someone I hadn’t noticed before and they hold my attention and become the “best” and so on in ever changing cycles The colours are integral to the performance The backdrop is a vast canvas which changes colour every fifteen minutes or so Sometimes the dancers are silhouetted against the backdrop they look like walking Anthony Gormley figures on Southport beach This helps us to identify who is with whom I was fascinated by the incredible range of moves going on One couple reminded me of kids playing kiss chase As one sprinted around the perimeter of the stage a testimony to their remarkable discipline and skill Both the music and the dance challenge us to reconsider what we mean by music and dance It’s more like a series of sounds and moves we might have made on the African Savannah when we were hunter-gatherers 50,000 years ago from which we are still emerging blinking into the light and darkness of the 21st century get your bearings in this brave new world In C may be the best guide around This is a trailblazing piece that is considered the first piece of minimalist music written in 1964 The score consists of 53 musical phrases and reads like stage directions for musicians Sasha Waltz and her dancers have created a choreographic interpretation that follows a similarly variable structure resulting in an ever evolving spectacle of intricate movement patterns The piece is deliberately designed not to be a fixed stage piece It is a piece about being part of a group as an individual rather than being an individual within a group Sasha Waltz & Guests is funded by the Senate Department for Culture and Community Presented by the Southbank Centre and London Sinfonietta Previous The Rocky Horror Show (2025) – Richmond Theatre | Review Muriel’s Wedding The Musical – Curve IT SEEMS THE PAGE YOU'RE LOOKING FOR HAS GONE ASTRAY GO BACK TO THE HOME PAGE is set to commence demolition on a prime Southbank site to make way for a 56-storey residential tower marking its first major development since the pandemic The project, named Moray House will be built on a 1,200 square metre island site at 42 Moray Street which Salvo acquired in 2017 for $16 million Designed by architects Rothelowman and interior designer David Hicks the 180-metre skyscraper will feature 305 apartments as well as two double-storey penthouse suites The development will also boast extensive amenities and two floors dedicated to wellness facilities emphasised the project’s focus on creating a vertical community with resort-style amenities that cater to residents’ health and wellbeing The development will include a luxury day spa Moray House aims to address the growing demand for housing in Melbourne with Maitland noting that over 16,000 dwellings are required in the City of Melbourne alone over the next three years This comes at a time when apartment supply in Melbourne has reached its lowest point in a decade with only 2,600 new apartments launched in 2023 The project is part of Salvo’s $3 billion development pipeline which includes other significant projects such as a $1 billion four-tower mixed-use development at Fishermans Bend and a $1.2 billion mixed-use urban renewal project at the Pentridge precinct in Coburg Construction of Moray House is scheduled to begin later this year The development has already secured $150 million in pre-sales with 240 of the apartments sold and the entire project valued at $220 million Salvo has established a strong presence in Southbank over the past decade delivering six high-density residential projects comprising almost 2,000 apartments and commercial spaces totalling $1 billion the company continues its commitment to transforming Melbourne’s skyline and addressing the city’s housing needs You must be logged in to post a comment Construction industry ready as Queensland hospital expansion review concludes Boroondara opens nominations for 2025 Urban Design Awards Construction industry leaders to take part in 2025 Vinnies CEO Sleepout New leadership team appointed to overhaul QLD’s construction regulator Engineers Australia calls for target of 60,000 additional engineering graduates by 2035 Willmott Dixon selected to lead construction of Northern Roots Visitor Centre in Oldham New York state launches US$16.6m road resurfacing initiative on Long Island Foster + Partners unveils design for luxury green community on Laheq Island Victoria Tower Adelaide celebrates topping out milestone Plus Architecture secures DA approval for landmark build-to-rent project in West Melbourne Why concrete carbon sequestration could revolutionise the construction industry Adoption of AI in construction remains low with widespread concerns CFMEU investigation uncovers bad behaviour in building industry Sector hones in on sustainable building elements to meet efficiency standards Concrete surface treatments still improving after decades of innovation The City Jeep showroom is set to fetch more than $25m for the sale A major shake-up is expected at one of the inner city’s busiest intersections as the high-profile City Jeep showroom hits the market The 228-238 Normanby Rd, Southbank site at the intersection with Montague St has placed it in the spotlight for an anticipated sale above $25m drawing interest from investors and developers RELATED: Apartments for hospital essential workers has $36m hopes Next step for demolished CBD building after six-year saga Serial Block buyer’s surprise new side hustle The 3030sq m corner block just 1.5km from the Melbourne CBD has showcased renowned automotive brands like Jeep Colliers Melbourne head of investment services Matt Stagg said the pending vacant possession presents a prime opportunity for growth beyond the site’s current position as a dual-level showroom and service centre appealing to premium vehicle retailers and national brands alike “The property allows for high-rise residential or commercial developments subject to planning approvals,” Mr Stagg said The sale of the City Jeep showroom could lead to more investors taking interest in the area amid future development in Fishermans Bend The showroom site has renowned automotive brands like Jeep especially with the nearby Fishermans Bend urban renewal set to redefine Melbourne living by 2050 providing a planned parkland aspect to the north of the site “The site’s proximity to the Melbourne Convention and Exhibition Centre and the University of Melbourne (Fishermans Ben campus) makes it attractive for commercial and educational ventures.” in collaboration with state-backed urban renewal initiatives are fast-tracking the nearby Fishermans Bend precinct into a vibrant community hub Inside the current Jeep Showroom – the current lease end in Februrary 2025 Could the Jeep Showroom site be key to providing build to rent opportunities for homebuyers “With the support of developers like R.Corp and Greystar already eyeing the area together with the support of the State Government this will provide other local and international developers confidence to undertake further developments in the precinct.” Mr Stagg said the sale of the City Jeep showroom provides a rare opportunity not just for national players but also international investors looking to make their mark Expressions of interest close on November 14 Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox RELATED: QIC puts Melbourne’s Woodgrove mall on the block Surf Coast hub offers income, development upside Late ad guru’s swank $2m South Melb office for sale The 228-238 Normanby Rd, Southbank site at the intersection with Montague St RELATED: Apartments for hospital essential workers has $36m hopes Next step for demolished CBD building after six-year saga Serial Block buyer’s surprise new side hustle Inside the current Jeep Showroom – the current lease end in Februrary 2025 Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox RELATED: QIC puts Melbourne’s Woodgrove mall on the block Surf Coast hub offers income, development upside Late ad guru’s swank $2m South Melb office for sale We can't find the page your looking for. 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