If one statistic brings into focus Melbourne's current development boom, it's this one; since Rialto's completion heralding Melbourne's first 200 metre plus tower in 1986, a total of six towers beyond 200 metres (not including antennas) have been built in the proceeding 28 years.
Melbourne right now has 23 towers beyond 200 metres ranging from proposed to under construction.
It's a gobsmacking figure representative of a perfect storm of circumstances both locally and abroad which based upon the evidence at hand will see the vast majority of these proposals delivered, rather than land banked or onsold. Counted within the ranks of the 23 listed below are four towers of 300 metres or greater, propelling Melbourne in the the ranks of other global cities with 'Supertall' towers.
|568 Collins Street||218m||Stamoulis Property Group||Bruce Henderson||Under Construction||588|
|Prima Pearl - 31 Queensbridge Street||254m||PDG Corporation||Disegno Australia||Under Construction||667|
|Vision - 500 Elizabeth Street||226m||Brady Group||Peddle Thorp||Under Construction||524|
|Tower Melbourne - 150 Queen Street||226m||CEL Australia||Elenberg Fraser||Delayed||581|
|Victoria One - 452 Elizabeth Street||241m||Golden Age||Elenberg Fraser||Sales||622|
|Light House - 450 Elizabeth Street||218m||Hengyi - Sixth Grange||Elenberg Fraser||Sales||607|
|EQ Tower - 127 A'Beckett Street||202m||ICD Property||Elenberg Fraser||Sales||632|
|Elysium - 54 Clarke Street||244m||Baracon||BKK Architects||Registrations||270|
|272 Queen Street||210m||Site for sale||Peddle Thorp||Approved||624|
|70 Southbank Boulevard||319m||Aspial WCL||Fender Katsalidis||Approved||1105|
|250 Spencer Street T1||295-300m||Far East Consortium||Cottee Parker||Approved envelope||750|
|250 Spencer Street T2||235-240m||Far East Consortium||Cottee Parker||Approved envelope||805|
|250 Spencer Street T3||205-210m||Far East Consortium||Cottee Parker||Approved envelope||520|
|250 Spencer Street T4||225-230m||Far East Consortium||Cottee Parker||Approved envelope||788|
|380 Lonsdale Street||217m||Hiap Hoe||Elenberg Fraser||Planning||728|
|1 Queensbridge Street||308m||Schiavello - Crown||Bates Smart||Planning||626|
|334-344 City Road||270m||Private||Hayball||Planning||578|
|25-35 Power Street||274m||ML Hospitality||Metier 3||Planning||496|
|156-172 Victoria Street||237m||CEL Australia||Elenberg Fraser||Planning||1037|
|97 Franklin Street||216m||Artemis Group||Hassell Studio||Planning||367|
|180 Russell Street||271m||AXF Australia||Bunchan Group||Planning||506|
|224-252 La Trobe Street||267m||UEM Sunrise||Eleneberg Fraser||Planning||1139|
|54-64 A'Beckett Street||253m||Aspial WCL||Elenberg Fraser||Planning||750|
|447 Collins Street||300m||CBUS Property||Woods Bagot + SHoP||Proposed||400|
All projects above include a residential component, with no purely commercial towers included. On that front QIC's 80 Collins Street comes closest with an overall height of 187 metres.
Given there are always minor fluctuations in apartment numbers per project, the above list would pump in the vicinity of 15,700 apartments or near on 30,000 permanent residents into the City of Melbourne. Factor in the thousands of hotel suites which are included within 10 of the 23 proposals and the transient population figure also rises sharply.
Below is a marketing image for ICD Property's EQ Tower located at 127 A'Beckett Street. If the opening Rialto statistic brings the matter into focus, the below image provides a visual aid as to the rapidly evolving nature of Melbourne's skyline.
In addition to EQ Tower, no less that 14 other towers of 200 metres or more would be visible in some way, excluding those already completed. A healthy number of these towers are located within the CBD's northern reaches surrounding EQ Tower; testament to the sudden explosion of apartments loosely surrounding Victoria Market.
Listed on Melbourne-based Altus Development's website is a forthcoming scheme fo A'Beckett Street. With an expected value of $395 million, the proposal will hold a nominal 1125 apartments and hotel suites.
On the high ground of Melbourne’s CBD and close to its famed premier universities, hospitals, parks and cosmopolitan nightlife of the city’s northern precinct will rise a magnificent tower. Comprising 900 residential apartments, a 4-star hotel and dining this development represents unparalleled growth opportunities. Central to key Melbourne destinations and exceptionally well-served by public transport and arterials, it is a foremost opportunity.Altus Development: Melbourne Developments
Elsewhere Fragrance Group's 555 Collins Street has been reported as seeking a height of 305 metres AHD in an all-commercial development, although this will be confirmed when the relevant planning application is submitted. The good oil also suggests that Fragrance Group's Savoy Tavern site on Spencer Street and PJ Development Holdings' Kavanagh car park site on Southbank will also (very) comfortably exceed the 200 metre barrier.
Of course there are also those projects which arise unbeknown to the greater public, but for the immediate future it seems likely the number of 200 metre plus proposals will slow as developers seek to materialise the many projects listed above.