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DOCKLANDS | Marina Tower | 6-22 Pearl River Road | 140m | 43L | Residential

Mark Baljak's picture
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All images © DKO Architecture

6-22 Pearl River Road details

location

northwest view

northeast view

Vic Harbour view

adjoining park

western entry

art strategy

laneway

L14 layout

L42

elevation

sun diagram

money shots

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Mark Baljak's picture

Quote from AFR

Established by industry veterans Michael and Andrew Buxton almost 20 years ago, MAB has a number of major urban development projects underway, including the New Quay precinct in Docklands and the outer urban Merrifield development .

At Docklands, MAB is also looking to generate capital efficiency, with a move to market a $25 million site with approved plans for two residential towers with 400 apartments.

MAB has said it is keen to bring in a partner to progress the New Quay Promenade residential project and a new public park as quickly as possible.

so a JV in the offing...

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Andrew Mck's picture

Oh yea, the views from their would be fantastic, the floor plans look good too..

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Mark Baljak's picture

Key Docklands site on the market

July 1, 2013 - 1:07PM

Marika Dobbin

Founding Docklands developer MAB is selling off one of its most prominent sites, in a sign that demand for apartments is waning.

MAB is attempting to sell a $25 million parcel of land on the corner of Docklands Drive and Pearl River Road with an approved planning permit for two towers - one that would be the tallest in New Quay.

The permit for 425 apartments designed by leading architects Dko Architecture was granted in January.

It is the first time in 12 years of building at Docklands that MAB, which has so far built more than 1400 apartments at NewQuay, has onsold a site.
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However, MAB Chief Operating Officer David Hall denied the market was slow, saying they were currently building a 617 apartment development known as The Quays and would start building the 410 apartment NewQuay Promenade next year.

"MAB's business strategy is to deliver its latest residential development - NewQuay Promenade - and a new public park as quickly as possible," Mr Hall said. "We are seeking development partners to help achieve this goal."

Selling agent Mark Wizel of CBRE said the MAB site was the best to be offered in the precinct in over a decade.

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Mark Baljak's picture

AFR
Hiap Hoe docks in Melbourne
Rebecca Thistleton

>> Singaporean developer Hiap Hoe has bought a development site in Melbourne’s Docklands from MAB Corporation at a price believed to exceed the $25 million expectation.

It is the first foray into Australian property for the listed building and development group.

>> It is understood Hiap Hoe wants construction to start immediately, however there is scope for the group to explore reducing the apartment floorplans and increasing the number of apartments.

>> Upon listing the site, MAB chief operating officer David Hall told The Australian Financial Review that putting the site to market would allow it to get off the ground sooner.

...problem solved

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Melbman's picture

^^ Can only hope they keep the same design.

Looks like it will be a great addition and may well be an icon for the city. Yes, a big call, but it's waterside location and distinctive architecture make it perfectly suited for attention.

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Lopan's picture

This developer Hiap Hoe has done some very impressive work in the past.

It will be interesting to see it unfold.

Interesting read here their press release:

http://www.finanznachrichten.de/pdf/20130801_153044_5JK_8D51013EDEA5D5D9...

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MelbourneGuy's picture

Good find Lopan.

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Andrew Mck's picture

This is great news, this will progress much sooner than if left to MAB..

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Ryan Seychell's picture

Exciting stuff:

'According to a press release issued by Hiap Hoe, the Pearl River Road development will be the company’s first venture into the international market.
The company plans to review the approved development plans (for construction of the buildings pictured above) and introduce a serviced apartment or hotel compartment.
Commercial real estate firm CBRE managed the sale of the site and director Mark Wizel said Hiap Hoe believed the sites proximity to the CBD, Southern Cross Station and the water views were terrific attributes.
He said construction was due to start before June 2014.'

Read more: http://www.docklandsnews.com.au/editions/article/docklands-land-value-ta...

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Andrew Mck's picture

Fantastic news indeed ..

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Laurence Dragomir's picture

Holy smokes John Batman!

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Mark Baljak's picture

Four Points to anchor the hotel component

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Melbman's picture

Seems that Four Points found its way into a Docklands address finally.

After appearing to be the hotel operator for Altus, that was then replaced by the Parkroyal brand, its great to see more rooms added to the city's range of accommodation.

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Kycon's picture

Altus is still waiting for construction contract to be awarded? Tenders were closed before the break. Would have thought decision would have been made by now.

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Ryan Seychell's picture

Go-ahead for $500m project in Melbourne Docklands
GREG BROWN THE AUSTRALIAN JUNE 03, 2014 12:00AM

LISTED Singaporean group Hiap Hoe has won planning approval from the Victorian government for its $500 million-plus hotel and apartment development in Melbourne’s Docklands.

The site, at 6-22 Pearl River Road, was approved last week and is likely to result in a project with 461 apartments and a hotel with 320 suites.

Starwood Hotels and Resorts Worldwide will manage the hotel under the Four Points brand, with the hotel to be named Four Points by Sheraton Melbourne Docklands.

Construction is expected to begin early next year. Hiap Hoe is already marketing the apartments in Singapore and Shanghai, as well as in Melbourne and Sydney.

The designer of the project is dKO Architecture. Its director, Koos de Keijzer, said two residential towers were planned, each with a 5 degree tilt in them. One of them would lean towards the water while the other would tilt away from it.

The towers would also be artistic with colour schemes, with one of them white with light windows and the other black with dark windows.

“It’s probably going to be the biggest sculptural tower ever built in Australia,” Mr de Keijzer said.

Hiap Hoe has bought aggressively in Australia in the past couple of years. It has a site on Lonsdale Street with potential to build a 350-room hotel and 658 apartments.

It also owns a site on Melbourne’s 206 Bourke Street, and also bought a Perth site in February for $90m.

http://www.theaustralian.com.au/business/property/goahead-for-500m-proje...

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Ryan Seychell's picture
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Mark Baljak's picture

due for completion by mid-2017

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Peter Maltezos's picture

Excellent!! yessmileyyes

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

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Melbman's picture

This building has the chance really to become an icon of the city in that location.

The area is crying out for something of this design quality, and the overall development, including the hotel, should be a big step to make the area come to life.

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Ryan Seychell's picture
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Laurence Dragomir's picture

That website looks like something I put together in year 10 IT class.

Along with MAB's NewQuay Promenade and the redesigned Four Points, the area's going for a crystalline/shard aesthetic which is in contrast to the NewQuay east towers, save for The Quays. Different architects working to a similar formal language vs the same architects working on a variation of a singular idea.

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Mark Baljak's picture

completion date jan 2017, at this rate it will be open before altus down the road

A Four Points by Sheraton hotel is bound for Melbourne Docklands, with the new-build Starwood property set to open in January 2017.
Located in the newly developed Digital Harbour Precinct in Melbourne Docklands, it will form part of the landmark and much anticipated Marina Tower Melbourne.
With 251 standard rooms and 18 suites, all guests can earn and redeem Starpoints through Starwood Preferred Guest while enjoying views of either the stunning harbour or the city skyline.
“As the country’s second most populous city, high hotel occupancy rates and a key Australian city for both leisure and business travellers, we have been actively seeking to establish the Four Points brand in Melbourne for some time,” said Andrew Taylor, Director, Acquisition & Development, Starwood Hotels & Resorts Pacific.

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Mark Baljak's picture

Units pitched at Singapore buyers

SINGAPORE’S Hiap Hoe is hoping to win over buyers in its home country with the marketing of its new apartment project in the Melbourne Docklands being launched in the city state today.

Hiap Hoe’s Marina Tower Melbourne project will hold 461 apartments across two towers; the project will also include a hotel component.

Apartments will range from $400,000 to $2 million.

The project is located in the New Quay precinct of the Docklands, which is undergoing a raft of development after the Buxton family’s MAB Corporation was brought in as master developer for the sub-suburb after the departure of ING Real Estate.

It marks the first project for the Singapore-listed company in Melbourne after it burst on to the scene last year, buying $100m of development sites in a month.

Hiap Hoe joins a throng of ­developers from Asia recently rolling out apartment projects, adding to concerns that the city will soon witness an oversupply of units.

“We are truly excited about the efforts of the Hiap Hoe team in executing our regional expansion strategy,” Hiap Hoe executive chairman Teo Ho Beng said.

The project in being marketed by Andrew Leoncelli from CBRE.

“The local demand is very strong and we expect robust sales driven by this strong interest,” Mr Leoncelli said.

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Fedsquared's picture

Marina Tower Melbourne

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Mark Baljak's picture

hotel component

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