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CARLTON | 557-591 Swanston Street | 30L | ~100m | Student Accommodation

Mark Baljak's picture
#1

As mentioned already - looks like a DCM

PA1600154
557-591 Swanston Street Carlton
Construction of a multi level mixed use development comprising student accommodation and retail premises

Scape adds scope to student housing in Melbourne

A block away, Scape has also just submitted plans for a plot of land it acquired last year on the old CUB brewery site from Grocon.

The 30-level tower will deliver as many as 870 student beds, according to plans lodged with the state government.

The two latest developments add to three existing projects being pursued by Scape, including a 780-bed tower opposite RMIT on Swanston Street.

Along with two other linked projects on La Trobe Street and Little La Trobe Street, Scape is establishing an accommodation precinct around RMIT University and near the University of Melbourne.

"The operational synergies of having a couple of thousand students within 100 metres of each other and being able to create a campus environment just off the RMIT campus will allow us to do some really fun things," said Craig Carracher, who co-founded the Scape platform in Australia.

Along with the business incubator at Franklin Street, Scape will pursue a wellness rating for the building, by improving the quality of food and amount of exercise for students in it.

Read more: http://www.afr.com/real-estate/scape-adds-scope-to-student-housing-in-me...

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