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S P Setia

S P Setia lands 111-125 A'Beckett Street as offshore media reports Sapphire is all but sold out

Over the course of the last week, Malaysian developer S P Setia has landed two telling blows in Melbourne's apartment market, further enhancing its stature locally. Malaysian publication The Edge Markets has in recent days reported that the developer has secured 111-125 A’Beckett Street for a price of $61 million. Complete with permit for an Elenberg Fraser-designed apartment tower spanning 200 plus metres, the A'Beckett Street plot of 1,714sqm...
308 Exhibition Street will have views towards and over the Carlton Gardens. Image: Supplied (Cropped)

S P Setia's 308 Exhibition Street approved: Shangri-La Hotels & Resorts confirmed as operator

S P Setia has announced that it has entered into a partnership with Shangri-La Hotels & Resorts for its twin tower development at 308 Exhibition Street. In attendance were representatives from both companies including S P Setia Chairman Tan Sri Dato' Seri Dr Wan Mohd Zahid and Shangri-La Asia CEO Mr. LIM Beng Chee in addition to dignitaries from Malaysia and members of the media, including Urban Melbourne. 308 Exibition Street set to rise...

SP Setia's northern statement: 308 Exhibition Street

The wider public now has a chance to see what developer SP Setia has in store for its prime development site on the northern edge of the CBD fronting Carlton Gardens. These are the first images made available of the proposed application that carries a nominal development cost of $250 million, with the total value of the project much higher. Having secured the site earlier in the year, SP Setia now hopes to gain approval for the twin towers which...

Fulton Lane on show during its topping out ceremony

In excess of 100 guests gathered earlier this week at the Fulton Lane construction site to witness the project's topping out ceremony. In a sign of Malaysian-based developer SP Setia's propensity to be seen to be proactive, the sizeable crowd amassed for what is generally only a builders tradition which sees a juvenile tree placed atop of the newly completed concrete structure. But on this occasion in a very public ceremony three separate trees...
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Development & Planning

Friday, July 21, 2017 - 00:00
Last week's joint announcement by Planning Minister Richard Wynne, Premier Daniel Andrews and Lord Mayor Robert Doyle that the Amendment C245 planning controls have been adopted, paves the way for work to commence on the $250 million dollar redevelopment of the Queen Victoria Market. Concept for Munro site (subject to change).

Policy, Culture & Opinion

Friday, July 14, 2017 - 00:00
It is so much easier to knock a building down than it is to build one. Building is a long and involved process of dreaming, planning, scheming, and the wonderfully gritty bit that is actually constructing a physical manifestation of these things, while getting rid of a building sometimes takes no more than a bit of paperwork, some heavy machinery, and the stroke of a pen.

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

Tuesday, July 18, 2017 - 13:00
Little by little we're getting closer to the money and shovels-in-the-ground end of the Melbourne Metro Tunnel project with the announcement that the Cross Yarra Partnership is the successful bidder for the Tunnel & Stations availability-based private-public partnership (PPP) contract.

Sustainability & Environment

Thursday, July 20, 2017 - 12:00
The greening of Southbank is a step closer to reality following the endorsement of the draft concept plan for Southbank Boulevard and Dodds Street by the Future Melbourne Committee on Tuesday, 18 July, 2017.