Advertisement

Vicinity and Pellicano provide Monash with a development boost

Two major projects within City of Monash will provide the municipality with a development boost over coming years.

Construction will begin this month on The Glen's $490 million development, with Vicinity Centres and co-owners Perron Group officially launching the project yesterday. Marking 50 years of operation, 'The New Glen' will encompass 78,000 square metres of gross lettable area and will include a variety of new retail and entertainment options.

As part of the development that will be completed by 2020, a new Town Square will also be built. Urban Melbourne highlighted the centre's revised plans late last year, which also allowed for as many as 539 new apartments to be created onsite across 3 separate buildings - no word was given yesterday on their status.

The Glen is in line for a major overhaul. Image: Vicinity Centres

It is time that The Glen evolves to meet the changing needs of our customers. The New Glen will elevate the customer experience to create a boutique destination where food, fashion and people come together.

The centre’s architecture, featuring a dynamic ‘veil’ effect that unifies the entire project, is inspired by international trends, and the iconic Springvale Road façade is designed to engage the local community.

Angus McNaughton: CEO and Managing Director of Vicinity Centres

This development is all about delivering a boutique and well-crafted design, inspired by our discerning local community. While increasing in size, our objective is to ensure The New Glen remains intimate, accessible and convenient, with a casual sophistication.

The new centre has been designed for easy access and navigation through a ‘race track’ configuration with several cross malls to improve sight lines.

Ross Robertson: Perron Group’s Chief Executive Officer

The redevelopment will create an estimated 2,350 jobs, including 1,150 during construction and 1,200 permanent positions upon completion.

The New Glen will also act as a hub for the hundreds of additional apartments slated for Glen Waverley's Activity Centre.

Artist's impression of the new Town Square. Planning image: NH Architecture

In Oakleigh, diversified property group Pellicano is preparing to move ahead with an apartment development which it has christened Alke.

Valued at $53 million, Alke will include 95 apartments across two buildings divided by a communal residents’ terrace, along with retail at ground level. Designed by SJB Architects, Alke is a far grander expression than Pellicano's first residential project - twelve solid brick apartments in Oakleigh Street - which was completed in the suburb over 46 years ago.

Alke has been positioned to capture the local first home buyer and downsizer market.

Alke will be Oakleigh's latest high density addition. Image: Pellican Group

Pellicano focuses on three main drivers for every project - quality design, in-demand location, and quality residential and lifestyle amenity.

The site for Alke is located on Atherton Road within Oakleigh’s retail precinct, just two minutes from Eaton Mall. The suburb is significant for Pellicano. We are proud to be returning to an area with such a rich culture and established heritage.

We see this development catering to residents in all walks of life. First home buyers, young professional renters, and downsizers who want the convenience of apartment living while staying within their local community can take advantage of this opportunity.

Pellicano Managing Director, Nando Pellicano

The building will join a growing list of apartment projects within Oakleigh, with construction set to commence in the second half of 2017.

The very first of Pellicano's Melbourne projects. Image: Pellicano Group
Advertisement

Development & Planning

Wednesday, August 23, 2017 - 07:00
Hawthorn's Queens Avenue is emerging as an apartment hot spot of sorts, as developers realise the worth of converting the light industrial and commercial strip into a higher density apartment enclave. Running parallel to Burwood Road, Queens Avenue now has six apartment developments in progress.

Policy, Culture & Opinion

Wednesday, August 9, 2017 - 12:00
Carolyn Whitzman , University of Melbourne Liveability is an increasingly important goal of Australian planning policy. And creating cities where residents can get to most of the services they need within 20 to 30 minutes has been proposed, at both federal and state level, as a key liveability-related mechanism.

Visual Melbourne

Thursday, August 10, 2017 - 12:00
Part Three follows on from the Part One: Yarra's Edge and Part Two: Victoria Harbour. The focus of today's piece will be NewQuay and Harbour Town, the northern most precincts within Docklands. NewQuay NewQuay was the first precinct to open way back in 2003 and has probably evolved the most.

Advertisement

Transport & Design

Wednesday, August 23, 2017 - 12:00
The Victorian Government has announced the winning bidders in the tender to power Melbourne's tram network by renewable energy. At the same time, the Victorian Government has announced plans to legislate the Victorian Renewable Energy Target (VRET) ensuring that by 2020, 25% of Victoria's energy will come from renewable sources and the target rises to 40% by 2025.

Sustainability & Environment

Monday, August 21, 2017 - 12:00
The notion of Melbourne becoming a 20-minute City has been explored heavily in recent times. Seeking to provide Melburnians with the ability to 'live locally', the 20-minute City, in essence, strives to provide people with the ability to meet most of their everyday needs within a 20-minute walk, cycle or local public transport trip of their home.