The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
22 DAYS UNTIL OUR UNMISSABLE FLAGSHIP CONFERENCE MORE THAN 500 ALREADY ATTENDING
22 DAYS UNTIL OUR FLAGSHIP CONFERENCE 500+ ALREADY ATTENDING
SECURE YOUR SPOTDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
11
print
Print
RetailWed 09 May 18

Construction Contract Granted for $1bn Nylex Factory Site

8c1f376c-1a4e-4ce5-812d-f4bd07698878

Developer Caydon has awarded the contract to build stage one of the $1 billion Nylex Clock redevelopment on the high-profile site at Gough Street, Cremorne.

Stage one includes a 15 and 12 split-level tower featuring one, two and three-bedroom apartments and lower level retail and hospitality outlets.

Although Probuild declined to elaborate on the construction contract, it will be well over the $100 million-plus "tier-one" construction classification.

This first stage of Caydon’s The Malt District mixed-use residential and commercial development is named Coppins Corner after 1850s Richmond and Cremorne identity George Coppin.

The Coppins Corner residential building was designed by Fender Katsalidis to complement adjacent heritage structures being retained in the development, including an historic Malt House to be converted into a micro-brewery and pub.

Related reading: Flagship Submits Proposal for Richmond Apartment Development

Caydon1


Coppins Corner also features public spaces, courtyards and laneways designed by landscape architect Oculus, that will connect new and old buildings in the precinct with roads, pedestrian and bicycle paths.

The Malt District development is situated on the historical Richmond malting site, home to the landmark silos and the Nylex Clock, which has been a much-loved feature of Melbourne’s skyline since 1961. The retained heritage buildings and industrial mix of concrete, timber, brick, glass and steel has informed and inspired the design aesthetic.

Cremorne is a former industrial precinct next to Richmond and bound by Punt Road, Church and Swan Streets and the Yarra River.

Related reading: Lendlease Submit New Proposal for Former Channel Nine Site

Caydon2


Demolition works have already commenced at the Nylex site with Probuild to commence construction within coming months, and expected to be completed in mid-2020.

Caydon has already pre-sold almost 50 per cent of Coppins Corner apartments. The developer first received approval for its stage one plans from the Victorian Civil and Administrative Tribunal in 2016.

Probuild will also build a nine-level tower with 8,800 square metres of office space on the site’s south-eastern corner, which Caydon recently leased in its entirety to business software giant MYOB.

“Probuild’s appointment to build Coppins Corner is a significant milestone for Caydon, and the start of the transformation of what is now a derelict industrial site into a stunning place for people to live, work and visit,” Caydon’s chief operations officer Jarrod Stratton said.

In January, Caydon received approval for stage two which it intends to deliver a boutique hotel, a function centre, shops and restaurants, art gallery and the construction and display of the old Nylex and Victoria Bitter signs on top of the silos.

RetailResidentialAustraliaMelbourneSector
ADVERTISEMENT
TOP STORIES
Bates Smart Richmond Sportslink HERO
Exclusive

BtR Focus Drives Bates Smart’s Richmond Sportslink Concept

Leon Della Bosca
6 Min
Exclusive

Carparking Correlation: How Parking Fees Provide Office Sector Health Check

Taryn Paris
6 Min
Molti chief Ben Teague out front of 32 Mercer Road Aramadale (rendering)
Exclusive

Buy to the Sound of Cannons: Molti’s Counter-Cyclical Move to Melbourne

Leon Della Bosca
5 Min
Exclusive

Tapping the Bunnings ‘Halo Effect’

Taryn Paris
5 Min
Exclusive

‘Construction Not a Scale Game’: Hutchinson

Phil Bartsch
9 Min
View All >
Construction workers building social housing in Gosford, New South Wales.
Affordable & Social Housing

Housing Australia Adds 18,000 Homes as Contracts Confirmed

Marisa Wikramanayake
Residential

Thirdi Lifts Covers on 500-Home Precinct at Gladesville

Lindsay Saunders
Industrial

Data Centres Drive Goodman Group A-REIT Success

Taryn Paris AND Shravanth Reddy
Goodman Group continues its meteoric rise with more than half of its $13.7-billion workbook now in data centres, a $4-bi…
LATEST
Construction workers building social housing in Gosford, New South Wales.
Affordable & Social Housing

Housing Australia Adds 18,000 Homes as Contracts Confirmed

Marisa Wikramanayake
2 Min
Residential

Thirdi Lifts Covers on 500-Home Precinct at Gladesville

Lindsay Saunders
2 Min
Industrial

Data Centres Drive Goodman Group A-REIT Success

Taryn Paris AND Shravanth Reddy
3 Min
Newstead Frasers Revised DA hero
Development

Frasers Property Pivots Newstead Plans to Twin Towers

Phil Bartsch
4 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/construction-contract-granted-for-1bn-nylex-factory-site