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CBD | Vivo Hotel | 33-35 King Street | 29L | Residential

Ryan Seychell's picture
#1

As Mark mentioned in the Residential thread, this project is out to tender.

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Dean's picture

Although not a gem by any means, i think it's much better than Metro Park West and CE's Southbank Bland and Epic fail. The protruding pods remind me of Upper House.

Besides the destruction of that brown brick horror that's there now is a massive win.

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Ryan Seychell's picture

was initially worried there would be a blank wall facing Southbank, but good to know now there won't be.

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Laurence Dragomir's picture

Ground level is horribly bland.

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Melbourne_Fragments's picture

the ground level + Podium + white concrete blocks facing King st look awful, basically replacing a 1970's brown brick building with a 1970's inspired bland podium.

Also you'd think with all the modern technology, it would be possible to build something than can retain the historic signage on the side as publicly viewable, but then that would require imagination and a smaller profit margin.

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Mark Baljak's picture

lifts will be visible from the south by the look of it - that's a tick. podium on the other hand

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Mark Baljak's picture

just a thread clean up

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Mark Baljak's picture

new treatment

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Laurence Dragomir's picture

Still pants.

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Ryan Seychell's picture
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Mark Baljak's picture
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Ryan Seychell's picture

Wish the podium was better, but I think this will be a nice little filler for this end of town. Definitely better than what's there now and will help clean that area up a bit. Not sure i'd want to live on King Street though..

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3000's picture

It's not perfect but I like it.

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Mark Baljak's picture

Asia One sells Stokes Building
Developer Asia One has sold King Street's Stokes Building for $12.35 million – $4 million more than it paid in 2013.
The 353 square metre CBD site was offered with a permit for a thin 29-level apartment tower containing 120 flats. The proposal replaced a failed bid for a 43-level building containing 168 apartments and an office component.
Knight Frank selling agents, Stephen Kelly, Andrew Hansen and Danny Clark, said the price achieved for 33-35 King Street equates to more than $35,000 per square metre, or $103,000 per approved unit.
Asia One was responsible for another super-high density CBD proposal to replace an 849 square metre site at 63 Exhibition Street with a 67-level, 555-unit structure.

Read more: http://www.theage.com.au/business/property/gmhs-iconic-art-deco-factory-...

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Ryan Seychell's picture

BPM snaps up Melbourne hotel site for $12m

Developer BPM has snapped up a two-storey commercial building in the centre of Melbourne for $12.35 million from Malaysian developer Asia One, with a plans for a new hotel as part of a mixed-use development.

Asia One has turned around a quick profit on the 350 square metre site at 33 King Street, which it bought for $8.35 million in March 2014 and for which it secured a permit for 120 apartments across 29 levels.

Sites with an existing high-rise permit in place command a premium following the introduction of plot ratio rules that have put a limit on height and density in the CBD and Southbank, encouraging some developers to flip rather than take on the development risk.

The King Street site will add $70 million to BPM's development pipeline, which includes projects in South Melbourne, Southbank, Richmond and in Brisbane's West End.

Read more: http://www.afr.com/real-estate/residential/vic/bpm-snaps-up-melbourne-ho...
Follow us: @FinancialReview on Twitter | financialreview on Facebook

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Garmatt's picture

Great. A redesign, hopefully?

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Ryan Seychell's picture

Yep, Elenberg Fraser are the new architects

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Mark Baljak's picture

Didn't take long

2/09/2016
33-35 King Street MELBOURNE
Proposed part use as hotel / retail with changes to floor plans to accomodate Demolition of existing building, construction of a multi storey building

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Ryan Seychell's picture

Out to tender, looks like this will be a Vivo Hotel.

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Development & Planning

Thursday, May 25, 2017 - 12:00
With Victoria Police vacating 637 Flinders Street in 2019 to relocate to shiny new digs at Cbus Property's 311 Spencer Street, Sydney-based owners Anton Capital are seeking to offload the site a mere two years after initially acquiring it.

Policy, Culture & Opinion

Friday, May 19, 2017 - 00:00
Rachel Ong , Curtin University ; Christopher Phelps , Curtin University ; Gavin Wood , RMIT University , and Steven Rowley , Curtin University Australia’s capital cities are getting more and more units, that are largely concentrated and come with a hefty price tag, a new report shows .

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Visual Melbourne

Wednesday, February 22, 2017 - 07:00
Once again Melbourne has turned it on for the spectacular cultural juggernaut that is White Night. A crowd of around 600,000 took part in the all night festival of projections, performances, artworks and installations. Stealing the show again this year was the extraordinary projections upon the Royal Exhibition Building.

Transport & Design

Friday, May 26, 2017 - 00:00
On Wednesday next week, RMIT's Centre for Urban Research is holding its third monthly Talking Transport event: The Melbourne Airport Rail Link, are we there yet? It is a free, ticketed event , to be held at RMIT's Building 80 - located at 445 Swanston Street - level 11, room 10 from 6:00 pm.

Sustainability & Environment

Wednesday, May 24, 2017 - 12:00
Over the course of the last week OSK Property has released images of a new Southbank park within its Melbourne Square development. The large public park will occupy more than 20 per cent of overall site and will be one of the first stages of the project to be delivered.