CoM's Development Activity Monitor shows a thriving city

Following on from yesterday's article highlighting Melbourne's surging apartment approvals, City of Melbourne rounded out 2014 by releasing their most recent Development Activity Monitor, which tracks new residential and commercial property development within the City of Melbourne municipality. Covering the 13 separate suburbs which constitute City of Melbourne, the data set released on Thursday December 18 has again highlighted the pace at which Melbourne continues to grow.

What they say

This boom in development and construction boosts employment and the economy. An additional 76,000 jobs have been generated in the City of Melbourne in the past six years and our Gross Local Product has increased by $20 billion.

As the fastest-growing municipality in Australia, we welcomed an additional 11,000 Melburnians in 2013 so it’s no surprise that residential development continues to flourish.

Lord Mayor Robert Doyle

The City of Melbourne is working hard to plan for growth by ensuring we have diversity and quality in our housing stock, as well as infrastructure to meet the needs of a growing community.

Councillor Ken Ong, Chair of Council’s Planning portfolio

Headline Statistics

  • 2014 residential completions within City of Melbourne reached 6319, double the number completed in 2013
  • 13,500 dwellings in 59 residential developments are under construction and due to be completed in the next three years
  • Ninety-three proposed developments have town planning approval and will yield 21,000 dwellings when constructed
  • 92 developments have applied for permits totalling 26,000 dwellings
603 apartments are expected for 295-309 King Street. Image courtesy Plus Architecture
  • The analysis of bedroom data suggests that of the dwellings in the active pipeline:
    • less than one per cent of new dwellings will be studio apartments
    • 43 per cent will be one bedroom dwellings
    • 52 per cent will be two-bedroom dwellings
    • almost five per cent will have three or more bedrooms
  • 329,500 m2 of office space is currently under construction in the City of Melbourne, headlined by 567 Collins Street (below)
  • 28,000 m2 of retail space is also currently under construction, with half contained within mixed-use residential developments
567 Collins Street will shortly add to Melbourne's premium commercial stock

Future apartment hotspots

Further research of the Development Activity Monitor shows that by assessing those projects expected to begin construction within a five year time frame, trends can be determined as to where the bulk of City of Melbourne's residential growth will occur.

Melbourne's CBD is still a hot bed of activity with 17,456 apartments expected to be delivered within a five year timeframe, followed by Southbank with 8,071. Docklands still has plenty of steam even though it's past the half way mark with 5,509 dwellings yet to be built whilst Port Melbourne can expect 3,630 as part of City of Melbourne's boundary incorporates Fishermans Bend; Port Melbourne figures should rise progressively in future Development Activity Monitor releases.

Carlton can expect a further 2,163 apartments in the pipeline whilst North and West Melbourne combined will see 3,750, a number also expected to increase comfortably into the future. Overall City of Melbourne's Development Activity Monitor as of late 2014 expects another 41,717 apartments to be delivered under its watch over the next five years.


Development & Planning

Wednesday, December 13, 2017 - 12:00
The swirl of development activity in Footscray has found another gear as new projects are submitted for approval, or are on the verge of beginning construction. Two separate planning applications have been advertised by Maribyrnong City Council; their subsequent addition to the Urban Melbourne Project Database has seen the overall number of apartment developments within Footscray in development swell to 40.

Policy, Culture & Opinion

Monday, November 20, 2017 - 12:00
The marriage of old and new can be a difficult process, particularly when the existing structure has intrinsic heritage value. In previous times Fitzroy's 237 Napier Street served as the home of furniture manufacturer C.F. Rojo and Sons. Taking root during 1887, Christobel Rojo oversaw operations though over time the site would become home to furniture manufacturer Thonet.

Visual Melbourne

Friday, August 25, 2017 - 07:00
The former site of John Batman's home, Batman's Hill is entering the final stages of its redevelopment. Collins Square's final tower has begun its skyward ascent, as has Lendlease's Melbourne Quarter Commercial and Residential precinct already. Melbourne Quarter's first stage is at construction and involves a new 12-storey home for consultancy firm Arup along with a skypark.


Transport & Design

Tuesday, December 12, 2017 - 12:00
When a site spans 19,280 square metres, it becomes a 'district'. That's the case according to the development team behind the Jam Factory's pending overhaul. Reporting on the project to date has focused on the close to 60,000 square metres of new commercial space that is earmarked for the site, but more importantly from a layperson's perspective is the extensive new public realm that is planned as part of the development.

Sustainability & Environment

Tuesday, October 24, 2017 - 12:00
Cbus Property's office development for Medibank at 720 Bourke Street in Docklands recently became the first Australian existing property to receive a WELL Certification, Gold Shell and Core rating. The WELL rating goes beyond sustainable building features with a greater focus on the health and well-being of a building's occupants.