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CBD | 386-412 William Street Melbourne | 38L & 18L | 120m & 57m | Residential & Hotel

Fedsquared's picture
#1

http://www.landsburys.com.au/DailyWrap/Vol-14--No-207

Melbourne CBD Hotel Development Unveiled (AFRP g.38)
Shesh Ghale and Jamuna Gurung have lodged plans for a $450 million hotel and apartment development at 386-412 William Street, Melbourne.
The proposed development consists of two towers of thirty and fifty storeys which will comprise 609 residential apartments and 210 hotel rooms.

More details in today's AFR...if anyone has it.

http://dsewebapps.dse.vic.gov.au/DSE/Planning/PHBPPAT.nsf/InternetAppLis...

http://www.mitgh.com/portfolio.html

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Ryan Seychell's picture

> Designed by Elenberg Fraser, up to a height of 161m.

> The 2 storey facade will be maintained of the current building - mostly for retail use, including an all night diner

> 5 level underground carpark including 502 spaces - including public spaces

> Ace hotel group has shown interest

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Mark Baljak's picture

Melbourne Institute of Technology co-founders unveil $450m hotel complex plans

Nick Lenaghan

Education entrepreneurs Shesh Ghale and his wife Jamuna Gurung have unveiled plans for a $450 million hotel and apartment complex overlooking Melbourne’s Flagstaff Gardens and the nearby Queen Victoria market.

The two-tower project at 386-412 William Street, if approved, will be the biggest development yet on the fast-growing north-western edge of the central business district.

Plans for the linked, 30-storey and 50-storey towers were lodged last week, only days after Town Hall and the state government launched a $250 million vision to revamp the historic market area. The precinct near the Flagstaff Gardens and the park has become a hub of development in the past two years. Designed by architects Elenberg Fraser, the 161-metre building will cast a shadow over the nearby gardens, but not enough to reduce their amenity, according to plans.

The building produces only 2 per cent “additional” shadow in the popular park according to a cutting-edge solar analysis in the plans. Hip United States boutique group Ace Hotel Group has confirmed its interest in the project.

Student friendly

Raised in Nepal, Mr Ghale and Ms Gurung arrived in Melbourne two decades ago. Since then, the couple have built a $265 million fortune, based around private college the Melbourne Institute of Technology (MIT), and a commercial property portfolio, according to the BRW Rich List.

The large William Street site was acquired by MIT four years ago for $16.2 million. The 3900-square-metre plot was the last remaining portion of Drapac’s Mazda holdings opposite the fresh food market.

The proposed development is student and city-dweller friendly with close to 1000 bike spaces, one-third of which will be made available to the public. The project comprises 609 apartments, most of them two-bedroom. In addition, the hotel component will offer 210 rooms.

The existing two-storey facade will be retained, with a large amount of space earmarked for retail use, including an all-night diner. A five-level underground car park will have 502 spaces, more than half for public use.

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Laurence Dragomir's picture

That's a lot of towers to render....

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Melbourne_Fragments's picture

Good to hear the art deco/moderne facade will stay, look forward to seeing design

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Nicholas Harrison's picture

This site still has 30m recommended height limit that was introduced in 2010. How things have changed in just three years!

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Mark Baljak's picture

Elenberg Fraser do it again

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Mark Baljak's picture

mmmm, concept towers shown as well for vic market redevelopment as well, both envisaged at 160m

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Mark Baljak's picture

initial design concepts

chosen - north aspect

west aspect

ground

podium

use

L31 sky garden

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Melbourne_Fragments's picture

Looks interesting, want to see more of how the street level and heritage facade is addressed

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Peter Maltezos's picture

^^ Hanging garden over the podium,looks good to me. yessmileyyes

I collect, therefore I am.
thecollectormm.com.au

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Laurence Dragomir's picture

Councils tend not to like them.

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Ryan Seychell's picture

Queen Victoria Market set for 50-storey tower on doorstep
December 16, 2013 - 2:58PM
Jason Dowling

A planned 50-storey apartment and hotel development on the front step of Queen Victoria Market could be the first of a swag of new high-rise towers to overlook the market.

Developer MIT Australia has lodged a planning application for two towers of 50 and 30 storeys with a 210-room hotel and 609 apartments at the corner of William and Franklin streets.

The site is next to land the state government recently transferred to Melbourne City Council as part of plans for a $250 million redevelopment of the market.

The rejuvenation is expected to be partly financed through the council facilitating apartment developments on the edge of the market.

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The MIT development is focused on the market, with plans for 279 public car parking spaces for market visitors and a 372-space public bike hub with showers, gym and pool.

Development architect Callum Fraser, from Elenberg Fraser, said the development complemented the redevelopment of the market.

Read more: http://www.theage.com.au/victoria/queen-victoria-market-set-for-50storey...

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Rohan Storey's picture

Just realised this would greatly overshadow the flagstaff gardens between the magic 11 am to 2pm period, probably most of the year !

Are there any shadow diagrams ? Are any protections for the gardens ?

Lookingupatbuildings

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Mark Baljak's picture

shadow diagram not visible in the report

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Rohan Storey's picture

I see the shadows are invisible !

Lookingupatbuildings

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Rohan Storey's picture

New plans going to CofM committee tmrw night. Completely different, cut back in height, and stepped so as not to overshadow flagstaff gardens 22nd sep before 11am.

Lookingupatbuildings

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Dean's picture

Much better. 121m & 57m

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3000's picture

Good, doesn't need to be that high in the first place.

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Rohan Storey's picture

Ive looked at the effect of this on the Gardens in as much detail as I can muster, and Im concerned that the Flagstaff Gardens arnt protected from overshadowing to a greater extent. The Equinox only allows for sunlight for the warmer sic months / year, when its the cooler months when sunlight is most appreciated, and a building like this would overshadow the gardens, including right over a dense planting of trees and the tennis court. I cant understand why the gardens arnt / werent protected using the June solstice like Southbank and Fed Square. Seems like a major planning oversight. Having said all that, there is a 10 storey 70s building right next door that already overshadows the gardens in winter, a little less than this one would, so that could be adopted as an inbetween standard, ensuring sunlight to the park for a longer part of the year. Meanwhile the standard now being applied to this building wasnt applied to 'Art on the Park' at 350 William, and dont know about 354-360 William. Plus Council might still be looking at a tower north of this one on southern bit of market carpark.

There should be / have been an immediate review of what / how much overshadowing the park could / should have instead of relying on a single very general clause. Sydney has specific controls for each CBD open space, but we have...not much.

Anyway heres my very sketchy hand drawn attempt at the solstice overshadowing....its not huge, but surely the less the better.

Lookingupatbuildings

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johnproctor's picture

You've got it right there... Even on June solstice these developments barely overshadow the park and wouldn't from about 12.15 Their is limited prospect of much development directly north of the park (north side of Dudley street) due to height and heritage restrrctions so the ongoing use of flagstaff gardens is not really under threat. Most if what you've highlighted a shadowed is already shadowed by trees.

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Mark Baljak's picture

Planning Minister has approved this.

http://www.premier.vic.gov.au/3-billion-in-development-approved-under-labor

A high-end apartment and hotel project near Melbourne’s Flagstaff Gardens has been given the go ahead, pushing the value of inner-city approvals under the Andrews Labor Government to more than $3 billion.

Minister for Planning, Richard Wynne, has signed off on a two-tower project on William St in the city’s west. The project will provide up to $245 million in construction investment, and include 470 one, two and three-bedroom apartments, a 210-room hotel, plus a gym, pool and retail space.

The developer estimates construction will generate 990 direct jobs and 2548 indirect jobs. The hotel, café and leisure components will further create 250 direct jobs and 242 indirect jobs.

The project includes two buildings, separated by a laneway. Clever design work has delivered a ‘stepped’ façade so the frontage is lower than the rear of the buildings to avoid shadowing Flagstaff Gardens.

Mr Wynne said the design met his criteria of respecting and enhancing the surrounding streetscape and neighbourhood – in this case, Flagstaff Gardens and the Queen Victoria Market.

The Department of Environment, Land, Water and Planning, the City of Melbourne and Tourism Victoria recommended the project be approved. It will develop an unused street corner while adding more hotel rooms to support Melbourne’s thriving tourism industry.

The Labor Government is well on track to beat the $4 billion in approvals record set in 2014, while also ensuring smart development.

Last week, Mr Wynne gave Lend Lease the green light to start work on their 1064-apartment project on Collins St, Docklands. That project is worth $190 in construction investment and will have a $720 million end value.

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