The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
FULL PROGRAM RELEASED FOR URBANITY-25 CONNECTING PROPERTY LEADERS ACROSS THE ASIA PACIFIC
FULL PROGRAM RELEASED FOR URBANITY-25 WHERE THE PROPERTY INDUSTRY CONNECTS
VIEW FULL AGENDADETAILS
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
print
Print
ResidentialStaff WriterMon 30 Oct 17

Melbourne’s M-City Precinct Launches Final Tower

V01_Exterior_Podium_620x380

Melbourne's largest integrated mixed-use precinct, the $800 million M-City Monash, is about to launch its third and final residential tower, "M-2".

The development takes up 3.52 hectares of land on the corner of Blackburn Road and Princes Highway, close to Monash university's Clayton campus and ­Monash Children’s Hospital.

The Saraceno Group teamed up with private developer Schiavello earlier this year after announcing the group was looking for a joint venture partner for the mixed-use project in 2014.

[Related reading:

Hotel Operator Announced for Saraceno Group’s $1bn M-City Development]


M-City is expected to deliver a total of 643 apartments, up to 60 specialty stores, 17,330 square metres of office space and 1905 car parks for a total of population of about 4,000 residents, workers and shoppers.

Schiavello and The Saraceno Group will retain the non-residential assets.

The Buchan Group designed the final residential tower. Buchan principal Harvey Male said M-City was designed to be something more than just a place to live.

"We are creating a community, a sense of place and an attractive alternative to city living in metropolitan Melbourne.”

Considered to be the biggest mixed-use development in Melbourne by its developers, M-City has attracted significant interest from the locals with the first residential tower selling out within 2 weeks of launching and second residential tower selling 70 per cent within the first four weeks to market.

CBRE managing director of residential projects, Andrew Leoncelli said 80 per cent of the sales to date were by local people who live less than five kilometres from M-City.

ResidentialRetailAustraliaConstructionArchitecturePlanningPlanningSector
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
Nation's build-to-rent project Charlie Parker in Sydney's Parramatta where more projects are being located and built outside the CBD.
Exclusive

Foreign Capital Still Dominates BtR but Things are Changing

Marisa Wikramanayake
7 Min
Exclusive

Fortis Reveals Plans for Coveted Bowen Terrace Site

Taryn Paris
4 Min
Exclusive

Accor Deputy Delivers Verdict on Brisbane Games Hotel Shortfall

Phil Bartsch
6 Min
Qld Budget 2025-26 Brisbane City
Exclusive

Billions Promised, Now Deliver: Industry’s Qld Budget Verdict

Vanessa Croll
6 Min
Medium Density housing in NSW
Exclusive

NSW Budget ‘Groundbreaking’ $1bn Guarantee to Unlock Housing

Leon Della Bosca
7 Min
View All >
Nation's build-to-rent project Charlie Parker in Sydney's Parramatta where more projects are being located and built outside the CBD.
Exclusive

Foreign Capital Still Dominates BtR but Things are Changing

Marisa Wikramanayake
Linic Property Group Saunton Jindalee
Residential

Linic Group Moves 43-Unit Jindalee Scheme Ahead

Leon Della Bosca
Residential

National Home Prices End Year on Record High

Lindsay Saunders
The median price for an Aussie home has topped $820,000 as values rise for the fifth month in a row...
LATEST
Nation's build-to-rent project Charlie Parker in Sydney's Parramatta where more projects are being located and built outside the CBD.
Exclusive

Foreign Capital Still Dominates BtR but Things are Changing

Marisa Wikramanayake
7 Min
Linic Property Group Saunton Jindalee
Residential

Linic Group Moves 43-Unit Jindalee Scheme Ahead

Leon Della Bosca
3 Min
Residential

National Home Prices End Year on Record High

Lindsay Saunders
3 Min
Lindfield SSD Resi EDM
Residential

North Shore $154m Apartment Play Tests Zoning Limits

Vanessa Croll
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/massive-melbourne-m-city-masterplan-launches-final-tower