Perri Projects Wins Approval for $150m Melbourne Tower

Private developer Perri Projects, along with joint-venture partner Wingate Property, will begin work on its $150 million mixed-use tower in Melbourne’s CBD after winning the City of Melbourne’s stamp of approval.

Architect Woods Bagot will design the 23-29 Victoria Street tower that will comprise 70 apartments over 20 levels.

The “Carlton Gardens” tower sits adjacent to the UNESCO world heritage Carlton Gardens – ensuring unobstructed views over the surrounding gardens and heritage precinct – and will feature 3000sq m of commercial hospitality space at podium and ground level.

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Woods Bagot has called in its London and New York studios to work on the development, which Perri Projects managing director David Scalzo says will “ensure the development reflects the complex cultural fabric of the suburb”.

“The significance of the site is undeniable and heavily guided our design approach to remain congruent with Carlton’s urban language,” Scalzo said.

As part of the Victoria Street project, the developer will undertake some improvements to the public realm including a new boulevard interface to McKenzie Street and the reworking of the current traffic island intersection in line with council’s urban forest strategy.

The Carlton Gardens’ apartment offering will comprise two- and three-bedroom high-end apartments selling for between $1 million and $3 million.

Later this year the developer will welcome the completion of “The Englefield” in South Yarra, and like the Carlton Gardens will be squarely aimed at the high-end market – offering seven penthouse-style residences.