Melbourne developer Golden Age Group has announced it plans to build a new development with premium dining and five-star apartment living for Box Hill’s much talked-about Station Street site.
Acquiring the former Sovereign Square project from AXF in September, Golden Age Group has revisited the plans, renaming the project Sky One and transforming the vision into a mixed-use development.
It will remove a formerly proposed office component from the original plans, replacing it with destination dining to reflect Melbourne’s strong foodie culture and draw people to the area.
The development proposes approximately 443 residential apartments across 35 levels, with a three-level retail component.
Golden Age Group managing director Jeff Xu said the project was moving ahead and changes to the original scheme would make it more functional and suitable to the local market.
“Box Hill is one of Melbourne’s most exciting suburbs and we are excited to be contributing to its future development. We see great potential in this site and our changes will make this a development the community can be proud of,” he said.
“We want Sky One to be a destination that draws people to the eastern suburbs – not only Melburnians, but people from across Australia. Through landmark architecture and retail we want to create a new precinct that is unlike anything else in the area.”
The planned project will feature generously sized luxury apartments and five-star resort-like resident amenities including a full floor devoted to a wellness facility with a pool, gym, sauna and residents’ lounge designed for family functions.
A Sky Lounge will allow residents to enjoy views of Melbourne.
There will also be three levels of retail facilities, including a dining precinct.
Sky One marks Golden Age Group’s most recent foray into Melbourne’s suburbs after a number of developments in the CBD and inner city over the past several years.
This year the company launched Collins House on Collins Street, to be one of the world’s most slender apartment towers, as well as Opèra, a sculptural building designed by Bates Smart on St Kilda Road.
Golden Age Group has also purchased four sites in Sydney over the past 12 months, as part of a national expansion. It launched its first project No 1 Lachlan, a joint venture with Time&Place, in Waterloo over the weekend to strong interest.