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
OtherRenee McKeownFri 12 Jan 24

Melbourne’s Coolest Projects of 2023

Balaclava Office Hero

Property development in Melbourne is varied to say the least—from Beulah’s twisted twins to edgy industrial offices. 

Victoria had the best performing economy in the country, according to the CommSec State of the States report in October, with activity up 7.7 per cent above its four-year average.

This was 19.7 per cent above the decade average, and the state also topped the level of construction work for the quarter.

Despite this, Australian Bureau of Statistics data showed the value of work was $16.24 billion, slightly down 0.7 per cent in the year to September. 

Population growth was back in positive territory, up 2.7 per cent to 6.8 million in ABS data for mid-2023 released in December.

Victoria was one of the few places where house approval growth outpaced apartments—2785 houses were approved, up 6.5 per cent for the month compared to units at 4482 approved, down 1.4 per cent in October.

Corelogic results at the end of November showed house prices increased 4.4 per cent in a year to a median of $943,725.

Apartments jumped 2.9 per cent to a median of $610,490 the second highest in the country.

However the hype surrounding Melbourne’s biggest projects did not make them the most surprising, engaging or inspired. Here’s a list of the ten coolest projects to cross our desk this year from the Melbourne region.



null


308 Exhibition Street, Melbourne

Developer:  S P Setia
Architect: Fender Katsalidis with Cox Architects

After more than four years the $600-million twin towers reached practical completion in August to create the future home of Melbourne’s Shangri-La hotel.

The hotel would occupy one tower of the development and apartments in the other up to its 61 floor top, with a skybridge at level 46.

null


Queen Victoria Markets

Developer: Lendlease 
Architects: NH Architecture, Kerstin Thompson Architects, 3XN Australia and Searle x Waldron Architecture, in conjunction with Openwork and McGregor Coxall

The $1.7-billion project on the 3.2ha site bordered by Franklin, Queen and Peel streets is currently the largest urban renewal project being undertaken by the City of Melbourne. 

The project would comprise three new buildings on the site south of the Queen Victoria Markets car park, to be known as Gurrowa Place. 

An architect's render of the Church Street office tower.


Richmond Lofts

Address: 475 Church Street, Richmond
Developers: Salta Properties and Zagame Group
Architect: Architectus

Two of Melbourne’s most prominent business families teamed up to build a $230-million 11-storey commercial tower along the bustling Church Street precinct.

The new proposal, to be known as Richmond Lofts will sit on two, three and four-storey podiums, designed to merge streetscapes with Industry Lanes buildings.

JAM Architecture's render of the Power Station B redevelopment as part of Hamilton Group's Pivot City precinct in North Geelong.


50 Mackey Street, North Geelong

Developer: Hamilton Group
Architect: JAM Architects

A planning scheme amendment was filed with the Victorian planning department for the third and final stage of a key industrial and commercial precinct at North Geelong. 

The plans include adapting the heritage-listed power station and refurbishing it to create the final stage of the Pivot City business park.

render of a future melbourne skyline featuring the two twisting towers called STH BNK by Beulah


STH BNK

Address: 60 Southbank Boulevard, Southbank
Developer: Beulah
Architect: UNStudio and Cox Architecture

STH BNK continues to make progress on the tallest skyscraper in the southern hemisphere after chalking up $600 million in sales in four months.

Early works on the Melbourne project began late 2023 to early 2024 and the project will take about five years to complete.

An artist's render of the six-storey office building, which he developer says will be completed by March next year.


21-23
William Street, Balaclava

Developer: 94 Feet 
Architect: WMK Architecture and Techne

Melbourne-based developer 94 Feet has shared designs for its six-storey office project in the city’s south-east.

The building will boast a net lettable area of nearly 6000sq m, as well as rooftop basketball and pickleball courts.

The heritage-listed Moondah Mansion, which Ryman acquired in 2016.


60-70 Kunyung Road, Mt Eliza

Developer: Ryman Healthcare
Architect: SJB

Ryman Healthcare, the Kiwi-listed aged care and retirement giant, expects to finalise design changes for a 230-resident facility on the Mornington Peninsula.

Under the approved plans, the 135-year-old Moondah Mansion will become the centre of a new retirement village.

null


276-284 Ingles Street, Port Melbourne

Developer: FR Investments Group Pty Ltd
Architect: Studio Kristen Whittle

The part 53, 55 and 56-storey tower with a four-storey podium and two basement levels will be built in the Fishermans Bend Precint. 

The site was the home of Winfield Automotive Services for 31 years prior to its sale in March, 2020 for $7.95 million, according to CoreLogic property records.

render of a white hospitality building and palm trees at Phillip Island Hotel Redevelopment


The Isle of Wight Hotel

Address: 9-11 The Esplanade, 2-8 Bass Avenue, Phillip Island
Developer: Moda 
Architect: Alexander & Co

Moda won approval for an $85-million transformation of a 140-year-old pub on Victoria’s Phillip Island in September.

The Isle of Wight Hotel and adjoining land, which will include a new seven-storey mixed-use 163-key hotel with a pool deck overlooking the ocean, rooftop basketball and tennis courts; and a three-storey, 49-room key-worker hostel with shared facilities.

a purple hotel to be built in Melbourne's Docklands.

Pearl River Hotel

Address: 28-38 Pearl River Road, Docklands
Developers: Capital Alliance
Architect: SJB

Capital Alliance and international hotel group TFE Hotels will partner on a $340-milion Docklands hotel project in Melbourne which gained approval in July.

The plans included a 1000-pax capacity conference centre, a rooftop infinity pool and a 105-room hotel branded A by Adina.

ResidentialHotelMelbourneAustraliaPlanningConstructionConstructionSector
AUTHOR
Renee McKeown
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

Freecity’s $300m PBSA to Prove Worth of Modular at Scale

Leon Della Bosca
7 Min
Exclusive

Billbergia’s John Kinsella: Whiskey, Fun and a Fear of Heights

Vanessa Croll
8 Min
Exclusive

Paperwork to Plate: The Rise of Brisbane’s Midtown

Taryn Paris
6 Min
Wel Co's Thornhill Park, 40km west of the Melbourne CBD.
Exclusive

Waiting for Victoria: Why Wel.Co says State Planning isn’t Working

Marisa Wikramanayake
6 Min
Woods Bagot Principal Alex Hall and Penny Place Adelaide
Exclusive

Amplified Affordability: Woods Bagot Cracks Housing Cost Code

Leon Della Bosca
8 Min
View All >
Exclusive

Freecity’s $300m PBSA to Prove Worth of Modular at Scale

Leon Della Bosca
Irongate Minchinbury Cold Storage
Industrial

Irongate Adds Cold Storage Deal to $350m Industrial Play

Vanessa Croll
Sponsored

Beyond Bricks and Mortar: Creating Connected Communities with Technology

Partner Content
How Australian proptech Generator drives engagement and efficiency across build-to-rent, land lease and retirement secto…
LATEST
Exclusive

Freecity’s $300m PBSA to Prove Worth of Modular at Scale

Leon Della Bosca
7 Min
Irongate Minchinbury Cold Storage
Industrial

Irongate Adds Cold Storage Deal to $350m Industrial Play

Vanessa Croll
3 Min
Technology

Beyond Bricks and Mortar: Creating Connected Communities with Technology

Partner Content
3 Min
Wesley Mission Uniting Church Affordable Housing Scheme Curtin ACT
Build-to-Rent

Wesley Mission Plots $46.5m ACT Housing Precinct

Leon Della Bosca
3 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/melbourne-s-coolest-projects-of-2023