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Colliers

Buy this, sell that; Fishermans Bend begins to run hot

What seemed like a relative lull in activity within Fishermans Bend has been busted in recent weeks as the Urban Renewal Area experiences an intense period of development activity. Land transactions lead the way with a host of sites capable of accommodating developments of various sizes on the market. As many as a dozen sites within Fishermans Bend are currently offered for sale, signalling a spike in activity within the precinct which has seen...

Opportunity arises from a failed Digital Harbour development

The commercial sector's apparent disinterest in the western end of La Trobe Street has given rise to one of Melbourne's premier residential development sites. At the foot of Victoria Harbour, 1000 La Trobe Street has emerged as The Millennium Site, a 6,007sqm land holding with the ability to hold approximately 600 apartments. Land owner Digital Harbour Holdings has chosen to sell the prime site following years of staggered activity within their...

8 Bouverie Street a giant amongst Melbourne development sites

The focal point of Carlton's former CUB Brewery site has been placed on the market after CEL Australia elected to move on the approved development scheme rather than develop the asset. Situated over 2,927sqm, yet part of the larger brewery site spanning an entire block, 8 Bouverie Street is the marquee portion of the urban renewal project. Representing the largest permitted apartment development site offered for sale since 2013, 8 Bouverie...

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

Monday, February 20, 2017 - 12:00
The Minister for Public Transport, Jacinta Allan, this morning announced the preferred design option for removing level crossings in Cheltenham and Mentone would include sinking the rail lines under existing road grades and rebuilding both stations in respective trenches. The level crossings on Frankston line to go are Park Road and Charman Road in Cheltenham and Balcombe Road in Mentone.

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).