The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
FIRST RELEASE TICKETS ON SALE FOR URBANITY-25 CONNECTING PROPERTY LEADERS ACROSS THE ASIA PACIFIC
FIRST TICKETS ON SALE FOR URBANITY-25 WHERE THE PROPERTY INDUSTRY CONNECTS
SEE DETAILSDETAILS
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
2
print
Print
Self StorageRenee McKeownThu 20 Jul 23

EG Plots 134-Apartment Tower for Yarra River Site

SJB designed the tower for EG on the Yarra River at Abbortsford.

EG Funds Management is planning a 134-apartment tower in inner-city Melbourne on the site of the former headquarters of Icon construction.

The property investors has field plans with City of Yarra for the 15-storey development next to the Yarra River at 675 Victoria Street, Abbortsford.

The site and its two-storey office building were purchased in May 2021 for $27.3 million.

It was described at the time as “well-located in a high-quality precinct that has experienced gentrification and significant renewal in recent years”.

The plans designed by SJB for the 3495sq m site include a ground-floor office, community space to be operated by the Little BIG Foundation, apartments and two levels of basement parking.

The viewline to the landmark Skipping Girl Vinegar sign was required in the plans. There is pedestrian access to the Main Yarra Trail planned for the western boundary of the site.

null
▲ A render of the front entrance to the Yarra River pedestrian link and basement parking, designed by SJB.

SJB architects said Abbortsford was a Melbourne microcosm, and that their design reflected the water, rock formations and local character. 

“Bounded by the Yarra River and two of Melbourne’s busiest streets Victoria and Hoddle, it is one of Melbourne’s most significant activity centres, and a major destination for shopping and hospitality,” the application said.

“The project’s palette and materiality is driven by the Abbortsford’s natural reserve and built heritage to deepen the connection with the area’s rich history.”

Abbortsford is a hot spot for developers with several sites, including the Skipping Girl site, selling for around the $20 million-mark in the past few years.

Most recently the former headquarters of Kodak changed hands for $19 million with self storage plans on the cards by Howzit My China’s Gayle and Carl Sachs.

Amber Property Group jumped on 422-430 Johnston Street lodging plans for an eight-storey office in October.

Medley Property Group was banking on the rapidly changing landscape with its three, eight-storey building plans for 10-32 Duke Street.

Similar plans were lodged on Kyriakos (Ken) Skoullos’ 329 Johnston Street site.

ResidentialMelbourneAustraliaPlanningPlanningSector
AUTHOR
Renee McKeown
More articles by this author
ADVERTISEMENT
TOP STORIES
PGIM Real Estate Reimagines 444 queen street to 450 queen street brisbane
Exclusive

Coming, Ready or Not: Relic Stripped to Bone for Green Glow-Up

Renee McKeown
5 Min
Darwin has sat dormant for a decade but the resource rich territory is “on the threshold” of a boom for resources and new cities. Weddel and Palmerston
Exclusive

NT Eyes Looming Boom as Planning Commissioner Bows Out

Renee McKeown
5 Min
Exclusive

Gold Coast’s Greatest Moments Yet to Come: Evan Raptis

Phil Bartsch
7 Min
MODEL founder Rory Hunter HERO
Exclusive

‘It’s Massive’: On Mission to Prove BtR Green Equals Gold

Leon Della Bosca
8 Min
Potts Point Coliving EDM
Exclusive

Co-Living Shrugs Off Stigma as Overseas Money Moves In

Clare Burnett
6 Min
View All >
Cavill Lane HERO
Retail

Surfers Paradise Retail Asset Changes Hands for $31m

Leon Della Bosca
Placemaking

Restaurant Revival Slated for Derelict Wynnum Ice Works

Taryn Paris
Main Beach Odus Ari Tower Site Deal hero
Residential

Odus Doubles Down in $55m Main Beach Tower Site Deal

Phil Bartsch
The plan is to progress the existing greenlit plans for the $290 million scheme comprising 31 luxury half and full-floor…
LATEST
Cavill Lane HERO
Retail

Surfers Paradise Retail Asset Changes Hands for $31m

Leon Della Bosca
3 Min
Placemaking

Restaurant Revival Slated for Derelict Wynnum Ice Works

Taryn Paris
2 Min
Main Beach Odus Ari Tower Site Deal hero
Residential

Odus Doubles Down in $55m Main Beach Tower Site Deal

Phil Bartsch
3 Min
Build-to-Rent

Townsville’s First BtR Project Wins Green Light

Taryn Paris
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/eg-gentrifies-yarra-river-site-abbotsford