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Schiavello Completes $1bn M-City

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Schiavello Group has completed the $1 billion mixed-use M-City Monash project in Clayton’s former warehousing district.

It is one of the largest masterplanned community, single stage developments undertaken in Victoria and includes three residential towers, residential terraces, a hotel, office tower and retail.

The 30,000sq m site with a built area of more than 18-hectares is located at 2109-2125 Dandenong Road on the corner of Princess Highway and Blackburn Road.

Contractor Multiplex commenced work on M-City in July 2018 with up to 1,100 workers on site during peak periods.

Designed by architects Buchan Group, the “mini-city” development is described as a new gateway to Melbourne’s south-east growth corridor.

The rise of 20 minute cities has come into focus in the wake of Covid-19, with the majority of cases confirmed in Melbourne.

Related: Gentrification Growing Beyond CBDs

▲ M City is located near the Monash University campus and Monash Medical Centre.
▲ M-City was announced by veteran developer Nick Saraceno and Tony Schiavello in 2017 and is located near the Monash University campus and Monash Medical Centre.

Multiplex Victoria regional managing director Graham Cottam said an industry first was achieved in this build, with the utilisation of hollow-core and pre-cast structure to a greater extent than any other building project of this scale in Australia.

“We are delighted to complete one of the most significant new developments in Victoria,” Cottam said.

“M-City is a vibrant miniature city in itself delivering premium office, residential, retail and hotel accommodation.”

M-City’s residential precinct included 665 apartments across four buildings ranging from three to 12 levels high.

The towers had landscaped rooftop gardens with tennis courts, a swimming pool, spa, gym and outdoor eating facilities.

The 4.5-star international hotel with a bronze facade has 250 rooms across 10-levels, a restaurant, bar and conference facilities which would be operated by Park Royal.

In its commercial and retail precinct M-City has an eight-level office tower providing 14,000 square metres of A Grade space above a two-level retail podium.

The 30,450 square metre retail centre comprises 78 stores including Woolworths, K- Mart, Village cinema complex, a medical centre and a childcare centre with a two-level carpark providing 2,000 carspaces.

Schiavello Group has a range of diversified products and companies and has already completed a number of large-scale projects in the Melbourne region including the Prima Tower and Abode 318.

The developer also sold out the One Queensbridge project to Crown Resorts for $80 million late last year.

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Article originally posted at: https://theurbandeveloper.com/articles/schiavello-completes-1bn-m-city-monash