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Cbus Property

Cbus Property boss Adrian Pozzo discusses Collins Arch

Cbus Property's announcement prior to Christmas that it had signed a third tenant for its $1 billion Collins Arch project takes the amount of floor area leased to 20,000sqm or just over 40%. Australian law firm Gadens has committed to 5,000sqm of space over levels 11-13, equating to just over 10 per cent of the 49,000 square meters available. Gadens will join fellow legal eagles King & Wood Mallesons and HWL Ebsworth within the tower...

Commercial intentions fall into place as Cbus Property secures another tenant for Collins Arch

The last week has seen two noteworthy commercial leasing deals unveiled as major tenants secure space for their operations. The latest sees Cbus Property add another premium tenant to their Collins Arch project, with HWL Ebsworth Lawyers taking near on 6,500sqm of space alongside initial tenant King & Wood Mallesons. Following last week's official ground breaking ceremony held onsite, HWL Ebsworth Lawyers' arrival now sees 30% of total...

Woods Bagot and Cbus Property's Assembly

Cbus Property has sought to challenge the concept of typical apartment design with the completion of Assembly, a low-rise, architecturally designed development on the fringe of the CBD. It is the first in a series of design-led apartment projects by the developer and has been targeted at the owner occupier market. Bordered on three sides by Capel, Courtney and Queensberry Streets in North Melbourne, Assembly creates a boutique address across...

Could 311 Spencer Street become one of Melbourne's tallest office towers?

With construction tenders called for during May , the new Victoria Police Centre at 311 Spencer Street appears to be moving ever closer to reality. But what form will the new tower take? According to the Ozscrapers forum, a new application has been lodged for the project which greatly expands the design to 39 storeys or 174 metres. To be built on a vacant piece of land adjoining the relatively new City West Police Complex, the tower was...

171 Collins Street achieves a 6 Star Victorian first

Three years after its completion, 171 Collins Street has achieved a milestone by becoming the first building in Victoria to notch a 6 Star NABERS Energy rating. In doing so it becomes only the second commercial office buildings in Australia to gain the rating. Jointly owned by Cbus Property and Charter Hall, 171 Collins Street's gong is in line with the objectives of City of Melbourne's concerted sustainable building push which in part...

35 Spring Street marks its place in the skyline

Last Friday Urban Melbourne was on hand to view the last concrete pour for what has rapidly become one of Melbourne's more pronounced skyscrapers. With the final floor of 35 Spring Street's 43 levels now in place, the process of fitting out the luxury residences within will continue at pace, with an eye toward a 2017 completion date. The $350 million development is the result three of Melbourne's elite development entities joining forces;...

Cbus Property firms construction dates for its two premier projects

Cbus Property is set to kick off construction on arguably its two most prized Melbourne developments. 447 Collins Street has landed builder Brookfield Multiplex in an early contractor involvement role, with works to begin during September. Usurping 447 Collins Street with an August construction start will be Classic East Melbourne, with the ultra high-end residential development looking to take advantage of strong demand for luxury apartment...

Cbus Property seeks to sell part of 447 Collins Street

Cbus Property has appointed agent Savills to handle the sale of the hotel portion of their pending 447 Collins Street development. With the overall value of the urban renewal project tipped to exceed $1.25 billion, Cbus Property will look to capitalise upon the booming Melbourne hotel sector by offering the pre-purchase of a new 294 room 5 star luxury hotel which forms part of the overall development. The project has maintained a high degree of...

The new Victoria Police Centre looks set to become reality

Following news last week that Deloitte has all but signed up to Mirvac's 477 Collins Street project, another large-scale commercial office build is nearing reality with a construction tender released for the new Victoria Police Complex. Located alongside the near new Melbourne West Police Station, the Victoria Police Complex at 311 Spencer Street would consist of approximately 40,000sqm of office space. With the calling for construction tenders...

No pants and no park: where to now for 447 Collins Street?

Upholding a long standing political tradition of announcing newsworthy items just prior to extended break periods, news surfaced last Thursday evening of Planning Minister Richard Wynne's decision to reject Cbus Property's proposed skyscraper at 447 Collins Street. This is the second such refusal for the developer on what is a marquee development site. Referred to as the 'Pantscraper' in Fairfax publications due to the unique shape of the now...

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Development & Planning

Tuesday, February 21, 2017 - 06:00
Although applications for substantially tall apartment towers have eased over recent times within City of Stonnington, two current development applications across Prahran and South Yarra represent the next sling of smaller sized towers for the municipality. A 14 storey apartment building at 10-16 Cecil Place is being sought by Bensons Property Group.

Policy, Culture & Opinion

Tuesday, January 17, 2017 - 00:00
On 2 January 2017, it was reported that several popular eateries and bars in Footscray had been vandalised, including the perennially successful 8 Bit Burgers on Droop Street, and Up In Smoke on Hopkins Street. 8 Bit had the warm new year's welcome gift of 14 smashed windows and the words “F**k off hipster scum” spray-painted on their entrance.

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.

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Transport & Design

Thursday, February 23, 2017 - 00:00
Melbourne now has a second vertical school campus under construction. McCorkell Constructions is in charge of the build that will deliver a new integrated educational and communal facility on the corner of Highett and Gleadell Street, Richmond. Designed by Hayball, Richmond High School as it has been labelled will be built for 650 students, and has an overall value of $43 million.

Sustainability & Environment

Tuesday, November 29, 2016 - 12:00
Timber mid-rise buildings are becoming the preferred choice for many stakeholders in Melbourne, due to a combination of factors, including cost-effectiveness, liveability, ease and efficiency of construction. Within the recent National Construction Code change, Deemed-To-Satisfy provisions allow mid-rise timber construction for buildings up to 25 metres “effective height” (typically, eight storeys).