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Cbus Property

35 Spring Street becomes one of Melbourne's premier apartment developments

35 Spring Street has been anointed as one of Melbourne's elite high density residential projects. Developer Cbus Property is rightfully making note of the project's completion, with Planning Minister Richard Wynne recently officially opening the $350 million development. The project has drawn inspiration from equivalent park-front projects in New York, and holds views over Treasury Gardens that can never be built out. Inside are 241 one, two and...

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...

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Development & Planning

Tuesday, September 26, 2017 - 00:00
During July, Urban Melbourne reported on City of Melbourne's positive response to Salta Properties' bid to have a skyscraper approved at 63 Exhibition Street. Last week a permit for the mixed-use, Bates Smart-designed tower was granted by the Minister for Planning, concluding a lengthy three-year stint at planning for the application.

Policy, Culture & Opinion

Monday, September 25, 2017 - 00:00
No doubt about it, the emerging build-to-rent model has the property media in a tizz at the moment. What may in part become a solution to the housing and rental affordability dilemma has garnered immense media attention of late.

Visual Melbourne

Friday, August 25, 2017 - 07:00
The former site of John Batman's home, Batman's Hill is entering the final stages of its redevelopment. Collins Square's final tower has begun its skyward ascent, as has Lendlease's Melbourne Quarter Commercial and Residential precinct already. Melbourne Quarter's first stage is at construction and involves a new 12-storey home for consultancy firm Arup along with a skypark.

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Transport & Design

Monday, September 25, 2017 - 12:00
Melbourne Airport has hit a new passenger milestone with its August 2017 passenger data confirming 10 million passengers had been clocked through the international terminal over the previous 12 months. For the first time in the airport’s 47-year history, 10 million international passengers passed through the doors in a rolling 12-month period.

Sustainability & Environment

Monday, September 4, 2017 - 12:00
The recent BDAV Building Design Awards once more showcased the talents and expertise of Victoria's building designers. 2017 was the 22nd year of the BDAV Design Awards, which aims to "profile excellence in building design, as well as profiling the importance of the building design profession to both the building industry and to the broader community." One project that ticked the boxes was Green Edge.