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CBD | 555 Collins Street | 142m | 47L | Residential

Melburn21's picture
#1

great odin's raven!

http://www.heraldsun.com.au/news/worlds-tallest-buildings-proposed-for-m...

World's tallest buildings proposed for Melbourne's CBD

ONE of the world's tallest buildings, a 404m super tower, has been proposed for Melbourne's CBD.

The 82-storey office skyscraper would be almost as tall as the former World Trade Centre towers in New York, but still needs planning approval.

Planning Minister Matthew Guy has paved the way for the Stamoulis group to apply for a permit after removing overlays relating to height and overshadowing of the Yarra River.

But Mr Guy stressed that the application had a long way to go.

He wants to see a full public debate on the extraordinary proposal that would dramatically change the city's skyline.

"I acknowledge that it's a very significant building. It is office, not residential. There will need to be a long discussion with the City of Melbourne about a permit," he said yesterday.

"With the size of the structure being proposed, Melburnians need to be aware of it and have a say about it, and ultimately we need a lot of feedback before any permit considerations are made."

Mr Guy and the city council have clashed after the minister approved a number of towers for the central city in the face of council concerns.

The most recent was the Australia 108 apartment tower planned for Southbank, but the State Government met most of the council's concerns by requiring a raft of conditions for the building, designed by Eureka architect Nonda Katsalidis.

The Australia 108 project will feature 664 apartments and a luxury hotel on top.

There had been concerns it would overshadow the Shrine of Remembrance precinct, but Shrine Trustees were satisfied it would not have an impact.

Under the Government's policy, the CBD and other inner areas will be subject to more intensive higher-density development to help accommodate the booming population.

Mr Guy has also approved skyscrapers for Elizabeth St and the Celtic Club in Queen St.

Issues such as Yarra overshadowing will still need to be considered for the 555 Collins St application.

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Mark Baljak's picture

design looks great

....awaits planning application & ensuing shitstorm

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MelbourneGuy's picture

Hats off to Matt Guy if he gets this one through, especially with the over shadowing issue.

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Peter Maltezos's picture

I like it already! smiley

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

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Qantas743's picture

A bit of uncertainty floating around regarding whether this is 404m to roof or to some sort of architectural feature.

Indeed, 404m does seem a bit tall for an 82 level office building.

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Michael Berquez's picture

I don' think that is THE design...haven't they just taken an under construction pic of 1WTC and plonked it in the pic?

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Melburn21's picture

^^ thats possible... they do look similar...

but there are a few discrepancies ... 1WTC is slightly more angular... and the angled sides reach a point towards the top... this doesn't seem to do that.

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Rohan Storey's picture

So the tower looks nice enough, but let one off the hook for overshadowing river and southbank and then 10 more will follow.

It's one of the few 'mandatory' controls left in the CBD, designed to ensure that the soutbank promenade and river itself remains pleasant even in winter when the sun is shining - and it does sometimes ! Sunshine in the winter months is an essential part of ensuring Melbourne's public places remain 'livable'.

I predict if this goes through, then in 10 years time, there will be a dozen tall buildings lining up along Flinders Street (where they cant be built out) making it, and the river, and Southbank, not pleasant in the colder months, just when sunshine is most needed.

Lookingupatbuildings

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Peter Maltezos's picture

Welcome Rohansmiley

 

You say "let one off the hook for overshadowing river and Southbank and then 10 more will follow", but the fact is, the Rialto Towers directly opposite already do this.

The proposed building will perfectly match the Rialto Towers and Stock Exchange in this neighbourhood and also replace the very ordinary looking Enterprise House with its back to the Yarra!.

 

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

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MelbourneGuy's picture

How much sun do you need walking in and out of the casino?

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Laurence Dragomir's picture

I think Rohan makes a good point. Whilst the impact of the Rialto's overshadowing isn't immediately obvious and the likelihood of multiple 400m or 300m towers along the southern edge of the CBD is slim, all it takes is a clustering of 200m towers for that to begin having a detrimental effect on the public realm.

The problem is the precedent that it sets. Had this been identified as a landmark site similar to parcels 5a and 6 @ Docklands prior to any proposal being drafted up I don't think it would be such a problem but this relaxing of planning controls on the go, with no clear strategy is concerning.

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Viscount Melbourne's picture

^ Rialto towers have already set the precedence. No one looks at the shadow Rialto towers cause over Yarra and say, "Gee, look at the shadow - I wish Rialto towers were never built".

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Bronteboy's picture

By the way, if completed as of now, this would be 19th tallest building in the world on the Wikipedia list of topped out or completed talls, or 17th according to the Emporis list.

http://en.wikipedia.org/wiki/List_of_tallest_buildings_in_the_world

On overshadowing, from this distance, I'd like to know the duration at a given point each day, with some averages, days of sunlight etc.

onwards and upwards

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Andrew Mck's picture

love the unexpected nature of the supertall proposals lately, 108Aus blew in out of the blue and now this one comes out of centre field.
I dont believe a row of towers will line Flinders St or such because of this.
A proposed supertall tower doesnt come around often for Melbourne, 2 that i can think of and 3 if you include 555Collins, none yet have been built.
I for one dont mind about the overshadowing issue either, the pros of a tower like this far outway the cons at this time in Melbournes story.

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Viscount Melbourne's picture

Even if it's approved, I doubt this will get built due to commercial viability. However, I am very pleased with the amount of development in central Melbourne.

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Rohan Storey's picture

Yes Rialto overshadows Southbank, but it was already permitted when rule introduced. And yes this tower would be fine if it was the only one. There are already many towers that were curtailed in order not to overshadow river (eg 333 Collins, some on Flinders ) so we would havetto somehow ensure that only a few overshadowed the Southbank, or all those cafes would be not so attractive to sit at in winter months. Be,like gold.coast where all the towers overshadow the beach after lunchtime ! In this case, people in public spaces first, towers second !

Lookingupatbuildings

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Laurence Dragomir's picture

Don't take this as gospel but:

12pm 22 June

1pm 22 June

And some renders I threw together:

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Venividiconstructum's picture

The Rialto shadow doesn't reach Soutbank. Thats why it isn't noticed. I really like this proposal but I think Southbank is now prime real estate for future super talls.... Put it in Southbank.

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Andrew Mck's picture

Oh my, i love it..
The shadow is over the casino, ive got no problem with that.
Melbourne's core has been denied any real development of worth for atleast the last 20 years, bring it on..

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Mark Baljak's picture

http://www.theage.com.au/victoria/skyscraper-plans-cut-down-to-size-2013...

>> Two skyscrapers backed by state Planning Minister Matthew Guy have been scaled down by flight path restrictions over Melbourne.

A CBD office tower proposed by the property tycoon Harry Stamoulis is unlikely to go ahead, and air safety height restrictions forced the developers of another Southbank giant, the Australia 108 tower, to redesign it.

>> Mr Guy approved a special building envelope for both developments. No plans have been submitted for the Collins Street proposal, which has attracted criticism about overshadowing the Yarra River.

This week Mr Guy said: ''I don't think there was ever a likelihood of a building on a footprint that small being built to 400 metres. The issue at 555 Collins is, and always is, going to be overshadowing the Yarra.''

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Mark Baljak's picture

Grocon joins Stamoulis for $600m Melbourne tower

>> One of Australia’s biggest developers, Grocon, has joined forces with ­Melbourne entrepreneur Harry Stamoulis to create a $600 million tower at the western end of Collins Street.

While the plan is still in its infancy, Grocon, led by Daniel Grollo, has taken a partnership role with the private Stamoulis Property Group at 555 Collins Street, a site on the corner with King Street.

The partners are now busy working up plans for a prime commercial tower of as much as 60,000 square metres and canvassing prospective anchor tenants, market sources said.

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Chris Peska's picture

Ever since Grocon went out and talked about developing the CUB site in 2007, then did nothing before selling the site earlier this year to CEL, I've been very skeptical about the likelihood of any project Grocon are linked to ever getting up. This looks like an attempt to gain approval for the tower from planning, sign some more office tenants, then selling the site with planning app. To the highest bidder... Let's wait and see shall we.

Observe. Design. Build. Live.

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Dean's picture

^^Grocon are a proven and prolific builder but are fledglings when it comes to developing projects from beginning to end. Still, having Grocon involved with 555 is good news.

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Melbman's picture

Can't see this one getting built for a long time to come. The vacancy rate is already likely to see and increase with the current stock, let alone this amount of space.

The height will also be reduced dramatically so could well be nothing too special even if it does go ahead. Time will tell.

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Mark Baljak's picture

Grocon walks from Stamoulis super tower JV

GROCON’S ambitious plan to build a $600 million super tower in Melbourne’s CBD in a joint venture with soda-pop king Harry Stamoulis has fallen flat, the Daniel Grollo-led company pulling out of the deal.

The venture between the companies — both led by BRW rich listers — was to create an ­office tower at 555 Collins Street .

When the project was announced, there was chatter the end development would fit well with Grocon’s funds management tie-up with UBS. Grocon is believed to have stepped away from the project due to the weak office leasing market.

The group plans to focus on a pipeline of residential and commercial development opportunities, including its contract to build the athletes village for the 2018 Commonwealth Games on Queensland’s Gold Coast.

Stamoulis Property Group did not return calls. Grocon declined to comment.

Mr Stamoulis, who built up a personal fortune of just under $500m with the Gold Medal soft-drink brand, is thought to be reconsidering his options for the site.

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Fedsquared's picture

http://www.theaustralian.com.au/business/property/deals-for-a-slew-of-ur...

Deals for a slew of urban high-rises

SINGAPORE and Malaysian developers have swooped on apartment and hotel projects along the eastern seaboard with an end value approaching $1 billion as the high-rise boom rolls on.

Singapore-listed Fragrance Group struck a deal to purchase the 24-storey 555 Collins Street building in Melbourne that it plans to convert to a landmark mixed-use development.

Fragrance Group purchased the building from property developer Harry Stamoulis for $78 million after the failure of an earlier attempt, in a partnership with Daniel Grollo’s Grocon, to redevelop the site.

Fragrance entered the Australian market last month with the purchase of a Hobart development. The Melbourne project is on a much larger scale.

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