Developer V-Leader has submitted new plans for $140 million towers at Collingwood after failing to sell the site in March.
The latest development proposal for 128-144 Wellington Street included two 15-storey towers; a 197 room residential hotel with conference rooms and rooftop bar and gym as well as an office building with 21,844sq m of space and four retail sites on the ground floor.
V-Leader tried to sell the corner block in the “buzzing” Melbourne city fringe via an expressions of interest campaign marketing it a “fast-evolving” precinct with “strong development potential”.
Last year the former industrial suburb attracted the likes of Tim Gurner who launched the Victoria and Vine project and Hines’ who also announced plans for a commercial timber tower on Wellington Street.
The design for the 4,287sq m site by Jackson Clements Burrows Architects called The Chifley on the Terrace includes traditional masonry and a mesh veil to accommodate vegetation and planting.
“The masonry podium is a complimentary response to the surrounding brick warehouses, with its rational and understated fenestration,” according to the architect’s statement.
“The tensile mesh ‘skin’ and strategic planting will promote the growth of vegetation, offering relief from both the pervasive hard surfaces of the broader precinct.”
There would be a forecourt between the two buildings for open-air dining as well as a link between Glasshouse Road and Gipps Street to accommodate future development of the block.
The plans also included 126 car parks (a reduction in requirements for the area), an on-site loading bay and end of trip facilities with 302 bicycle parking spaces.
This follows a bevy of schemes for the site including an office building with 31,000sq m of space and design similar to the current application but with two 14-storey towers.
“Initial concepts for a high rise project are envisioned to include a boutique hotel, up to 20,000sq m of campus style A-grade office space, childcare for 120 children and a significant and vibrant mix of retail throughout the ground level,” V-Leader’s development application said.
The Melbourne-based development company led by Andy Zhang started in 2014 after the managing director left global accounting organisation KPMG, working in both Guangzhou and Australia.