Developer BPM has unveiled a new $26.5 million New York-inspired apartment development in South Melbourne's historic Montague precinct.
Located at 165 Gladstone Street, South Melbourne, the Night Fall project comprises 45 apartments across seven levels. The mix of one, two and three bedroom apartments are priced from $405,000 to $1,099,000 and range in size from 45 square metres to 110 square metres.
Designed in collaboration with architects DKO and interior designers Hecker Guthrie, Night Fall also includes a 102 square metre cafe space and 25 car stacker spaces with 45 dedicated storage areas.
BPM founder and company director Jonathan Hallinan said the Montague precinct was undergoing major revitalisation.
"There is a great opportunity for us to tap into the existing character and infrastructure of the location, while also enhancing the sense of local neighbourhood identity and creating a community for residents," he said.
DKO Associate Director Hannah Jonasson said Night Fall's architectural form was "classically restrained and masculine" with industrial elements such as anodised bronze panelling with contrast black detailing.
Hecker Guthrie Director Hamish Guthrie said Night Fall's interiors featured "strong architectural geometries".
Night Fall is located just 1.5 kilometres to the CBD, two kilometres to the arts precinct and within minutes to Port Phillip Bay. The South Melbourne Market and Bay Street shopping precincts are within walking distance, offering a mix of retail, restaurants and fresh produce. Light rail is nearby and the development offers proximity too major arterial roads.
Construction of Night Fall is scheduled to commence in late 2015, with completion expected in late 2016.