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Urban Industry

C270: How will it affect development in Melbourne’s central city?

C270 is the amendment to the interim planning controls (C262) that landed like a bomb last year . For the most part, this amendment is a step in the right direction. However, there is one change that will have a profound impact on development viability: the Plot Ratio is now 18:1. If you own a site and were planning on lodging for a permit based on 24:1 plot ratio, you will be hit hard. Your yield will now be based on an 18:1 plot ratio unless...
Monochrome portrait of Cam McLellan

Why every millennial should be a ‘rentvestor’

When it comes to buying your first property, Australians have two main options. Purchase as an owner-occupier. In this instance, first homebuyers save up to purchase the perfect home they will live in, usually with the assistance of a home loan and 25-year mortgage. Purchase as a ‘rentvestor’. In this instance, first homebuyers purchase an investment property in a more affordable area while continuing to rent in their preferred suburb. For young...
Monochrome photograph of Fred Nucara from Beller Commerical

Discussing the Beller Commercial 2016 Shopping Strip Research with Fred Nucara

Beller Commercial has just completed their first quarter shopping strip research for 2016 - a matrix of 28 key shopping strips that depict the number of shops, number of vacancies, average asking rent per square metre and yield. Beller Commercial Agents take to the streets quarterly and physically count the ‘for lease’ signs, vacant stores, check the web listings and do the arithmetic themselves. Urban Melbourne recently caught up with Beller...

The top three reasons why you should market locally to succeed in China

Marketing to Chinese consumers is a hot topic for all businesses across different sectors. A common misperception for businesses is that they need to be in China to sell to Chinese consumers. This has prompted developers and agencies to invest in roadshows, exhibitions and seminars at China’s prime real estate and events, only to result in expensive failures. With the growing Chinese population in Australia, sellers need not look too far in...

Ted Baillieu, The Architect Premier - Melbourne Architecture

From November 2010 through to March 2013, Victoria had Ted Baillieu, an architect, as Premier. This post is the final part of a four part interview with Mr Baillieu discussing a broad range of built environment issues. To read from the beginning click here to go back to Part 1 Melbourne Architecture R+BA – In terms of Melbourne and the architecture of Melbourne do you have a favorite building or favorite space? TB – I always talk about Marcus...

Up close with the Hickory Building System

Urban Melbourne recently paid an evening visit to Melbourne's most technologically advanced construction site. La Trobe Tower within the Melbourne's CBD is the first project to employ Hickory Building Systems (HBS) integrated structural methodology; builder Hickory Group's new method that accelerates construction of high-rise towers. Guided through the active construction site by Hickory Joint Managing Director George Argyrou and Site Manager...

Parking versus no parking in new developments, a traffic engineer's view

Residential developments in modern cities are under pressure to meet competing demands between affordability, marketability, profit, policy and place making. These competing demands can put developers and decision makers at odds, which has been seen in the recent decisions concerning residential developments with and without car parking in inner Melbourne. I am commonly presented with a couple of scenarios when reviewing a new residential...

Government should re-assess the neighbourhood planning zones

It’s been just over two years since the Victorian Government’s controversial Neighbourhood Residential Zones were gazetted, which restricted new apartment development to certain ‘zones’ within each suburb, thus limiting development on side streets and other designated areas to single-lot dwellings. The planning amendment was one long fought for by the residents of some of Melbourne’s most affluent suburbs like those surrounding Marshall White’s...

Retirement is no barrier to apartment living

Ageing in place and housing shortage are the two biggest buzz words in property at the moment, with current reports suggesting that older generations are refusing to downsize, causing a shortage of housing for younger buyers. However, Marshall White Projects is in fact witnessing the opposite – now more than ever before we are seeing a substantial number of retirees buying up luxury apartments in order to fund their retirement lifestyle. In fact...

Getting to know Technè: profiling the dynamic design practice

Founded in 2002, Technè Architecture + Interior Design is a practice that has built an impressive portfolio across a broad section of project types. Although they have completed projects across hospitality, single and multi-residential, commercial, automotive and retail, they are probably best known for their work in hospitality on projects such as The Prahran Hotel, The Bridge Hotel, Terminus and Jimmy Grants. The name Technè comes from the...

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Development & Planning

Friday, March 24, 2017 - 06:00
Planning Minister Richard Wynne has approved another commercial tower at Lendlease's Melbourne Quarter development in the Docklands. The building known as Melbourne Quarter Tower will be located at 693 Collins Street, injecting almost 55,000sqm of office space into the precinct across its 28 floors, in addition to approximately 2,500sqm of retail space.

Policy, Culture & Opinion

Thursday, March 9, 2017 - 12:00
As part of the enabling stage of the Queen Victoria Market Renewal Project, the City of Melbourne has finally revealed their plans for the former Munro site, to be developed by PDG Corporation into a mixed-use development comprising a 58-storey Bates Smart designed-tower of 308 dwellings and a 300-room hotel, after the developer was awarded the rights to develop the site on CoM's behalf.

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.

Transport & Design

Thursday, March 23, 2017 - 12:00
The large-scale redevelopment of Richmond's former Jaques engineering complex has been marked by an number of onsite dedications. Dating back to 1885 and with frontages to Palmer, Coppin, Dyer and Griffiths Streets, the 9,945sqm site's engineering heritage has been permanently embossed across the site.

Sustainability & Environment

Tuesday, March 14, 2017 - 13:00
Victoria Walks, a walking promotion charity supported by VicHeath, is leading a crowdsourcing initiative that is supported by the State Government and 14 councils. The campaign aims to collect and analyse opinions on walking right across the Melbourne metropolitan area. The authorities are asking people to indicate their walking safety concerns through an interactive online map on CrowdSpot's platform.