A Hong Kong-linked developer has been given the green light for a mixed-use development in one of&nbsp;Melbourne's Major Activity Centre-nominated suburbs.&nbsp;

The Box Hill development at 810-812 Whitehorse Road will include&nbsp;three distinct towers of varying heights, 23 storeys on Elgar Road, 26 storeys on Whitehorse Road, and 32 storeys to the rear/ centre of the site, along with residential amenity and open space, four commercial storeys, retail tenancy, five basement levels, and 424 car parks and 165 bicycle spaces.&nbsp;

Ricardo Energy Environment and Planning prepared a planning report on behalf of Hanex Investment Ltd who own the land, with the investment firm a subsidiary of Harbour Guidance Pty Ltd, the company that currently owns Jeanswest.

<img alt="Hong Kong developers lodge plans for Fender Katsalidis-designed mixed-use Box Hill tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-24%20at%2011.10.34%20am.png?VersionId=vlpbxMymC17fV5BuOWVw51ZRE0i1D2GM" />Render of the proposed Box Hill development.&nbsp;

The group engaged renowned architects&nbsp;<a href="https://www.urban.com.au/architects/fender-katsalidis-architects" target="">Fender Katsalidis</a>&nbsp;to design the project, which the town planners say is set to critically shape the Box Hill MAC.

"It delivers a highly resolved, modern architectural development befitting of the site’s future urban context, and will enhance the public realm through landscaped forecourts and the ground level retail uses that will activate this section of Whitehorse Road, Elgar Road, and Prospect Street," Ricardo Energy Environment and Planning said in their report.&nbsp;

"The strategic role of Box Hill is arguably the key MAC in the&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic" target="">Melbourne</a>&nbsp;eastern suburbs, giving it a stand out role, while the site also sits within Built Form Precinct F which permits taller buildings enabling increased density."

The site is currently occupied by a three-storey commercial/office building which is occupied by Stanley &amp; Decker, BMM Test Labs and Box Hill Super Clinic.&nbsp;

The surrounding land is currently occupied by mid-rise office buildings, taller mixed-use towers, and (on the opposite side of Elgar Road) post-war housing. However, there is a visible shift towards higher-density development.

There will be 368 apartments constructed within the towers, with 114 one-bedrooms, 57 one-bedroom plus study, 143 two-bedroom and 54 three-bedroom floorplans.&nbsp;

Commercial and retail spaces will occupy the ground floor with seperate entrance lobbies for the residential and office components of the project.

Identified as a gateway site into Box Hill, Fender Katsilidis has incorporated a layered design, with three distinct tower forms that step down to lower shoulders to the west and north.&nbsp;

<img alt="Hong Kong developers lodge plans for Fender Katsalidis-designed mixed-use Box Hill tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-24%20at%2011.06.46%20am.png?VersionId=pCC9M0AV1vaOnr_8cok7hhLBN.KcK4qV" />Render of the proposed Box Hill development.&nbsp;

The shape of the northern and western shoulder towers has been curved to increase sight lines through the site, while articulation has been achieved through curved horizontal concrete profiles and vertical bronze banding.

The tower will comprise a light coloured off-form precast concrete panel, with clear glazing to the windows and balustrades, while the upper levels will feature glazing and concrete precast panel treatment in a light grey, coupled with metal or metal look banding elements in bronze and horizontal landscaping.&nbsp;

A suite of residential amenity will be on offer across the towers, with an 851 sqm outdoor terrace planned for level four, along with 1,446 sqm of seating and dining, a swimming pool, spa and gym.&nbsp;

A second terrace is proposed at level 24, providing a further 327 sqm of open space for residents.&nbsp;The group are also planning to enhance a currently under-utilised pocket park at 808 Whitehorse Road.

An array of convenient amenity surrounds the site, with the Whitehorse Road site well-connected through public transport links, including&nbsp;<a href="https://www.urban.com.au/news/suburban-rail-loop-in-focus-box-hill" target="">Box Hill Train</a>&nbsp;Station, which is located 400-metres away, and the Box Hill Bus Interchange further east of the train station. There's also several bus routes located along Whitehorse Road and Elgar Road, while tram services operate along the Whitehorse Road corridor directly in front of the site.&nbsp;

Box Hill Gardens is located within 500 metres of the site, while Kingsley Gardens is within 250 metres. Box Hill Public Hospital, Epworth Eastern Private Hospital and Elgar Medical Suites are also within close proximity, as is Box Hill Lawn Bowls, Box Hill TAFE, and the suburb's Town Hall and library.&nbsp;

Identified as a gateway site into Box Hill, Fender Katsilidis has incorporated a layered design, with three distinct tower forms that step down to lower shoulders to the west and north.

Joel Robinson

Fender Katsilidis apartment tower approved for Box Hill

2022 and 2023 have been the year of the downsizer and rightsizer demographic in the Melbourne off the plan apartment market

<a href="https://www.urban.com.au/developers/osk-property">OSK Property</a>'s $2.8 billion <a href="https://www.urban.com.au/buildings/melbourne-square-93-119-kavanagh-street-southbank">Melbourne Square</a> precinct has proven to be one of the most popular projects on Urban in 2023, and continues to be in 2024, with newly completed and off the plan opportunities.

OSK has the final apartments in the completed East and West Towers on Kavanagh Street, as well as the recently launched <a href="https://www.urban.com.au/new-apartments/blvd-at-melbourne-square-19-hoff-boulevard-southbank">BLVD</a> which is slated for completion in 2026.

[smartcode_project:default project_id=2929 project_image_fid=255378]

Downsizers have come from all over to take advantage of the rare opportunity to move closer to the city. Williamstown downsizer Moira has been living in Melbourne Square for the last two years. The 63-year-old and her husband secured a three-bedroom apartment in one of the completed towers.

Moira said the unprecedented quality of finish and amenities at Melbourne Square, as well as its location and security, were the driving factors in her and her husband's purchase.

[smartcode_project:default project_id=2929 project_image_fid=200857]

Each completed tower features two levels of amenities on the podium, including a 50-metre swimming pool, a gym, seating and lounge areas, and several dining spaces.

"I use the eighth-floor gym up to five times a week, helping me keep fit and do bone-strengthening exercises for my osteoporosis," Moira says.

"We have used the outdoor pool with grandkids often, mainly in summer," Moira says, adding that the 54th-floor spa serves as a retreat for both her and her husband, offering a space for relaxation and de-stressing. Both her sons and grandsons have used the recently opened basketball courts outside.

"The diversity of age groups and ethnicities is also very warming to see, young and old. All life-stages live here, and enjoy the great location and amenities."

[smartcode_project:default project_id=2929 project_image_fid=201013]

Moira has also used the bookable function rooms when she's entertained family and friends.

"The quality of the rooms and facilities is excellent, from the premium lounger through to the dining room and demo kitchen on the eighth floor. There is a function room to suit nearly all occasions, and based on our extensive review of other inner-city apartment options, has by far the best facilities we saw."

Over 6000 sqm of public space has been included across the ground floor of the towers, with a landscaped public park, along with several green spaces and walkways, in addition to a full-line double-storey Woolworths and several eateries, retail and dining options, from espresso bars to cafes and bottle shops.&nbsp;

[smartcode_project:default project_id=2929 project_image_fid=200843]

Moira says she heads to Woolworths almost every day, given it's so close to the building, and she visits the sushi bar, Malaysian restaurant Sama Sama, and the fresh bakery frequently.

Moira and her husband have embraced the Melbourne Square community and its social initiatives, from wine clubs and book clubs to occasional big events like the&nbsp;Grand Prix or Lunar New Year that ignite the precinct.

Melbourne Square is also drawing lots of locals, showcasing the precinct's appeal as a central hub for residents and visitors.

"With its garden areas for dog walkers, other meeting areas, and retail venues having been introduced, it is clearly drawing lots of locals to Melbourne Square, beyond the current towers' residents," Moira suggests.

&nbsp;

[smartcode_project:default project_id=2929 project_image_fid=255379]

The walkability factor at Melbourne Square was another major drawcard for Moira and her husband.

"We love to walk whenever we can and the central location to everything is a main attraction of living at Melbourne Square. We walk to the footy, to the city, to the markets - everywhere we can. My son came over from the UK and he walked around the Botanical Gardens, Albert Park Lake and down to the beach, South Melbourne Market, and into the city. Everything is on our doorstep here."

The final apartments remain in Melbourne Square's complete East and West Tower, while BLVD is Melbourne Square's latest off the plan tower.

[smartcode_project_cta:default project_id=2929]

Why I bought an apartment at Melbourne Square: Urban Buyer Q&A

Melbourne-based developer ICD Property has created two of Melbourne's tallest residential towers in the last five years.

Their Aspire tower was the fastest-selling project in 2019, selling a significant number of the near 600-apartment project quickly following its launch.

Since then the team has also moved into different markets.

They're currently undertaking a restoration and redevelopment of the <a href="https://www.urban.com.au/new-apartments/city-tattersalls-club-194-204-pitt-street-sydney">City Tattersall Club</a> in the <a href="https://www.urban.com.au/new-apartments/sydney-nsw">Sydney</a> CBD, while in Adelaide they're creating over 230 apartments in a new mixed-use precinct called Market Square.

With everything going on at ICD, we caught up with their Managing Director Matt Khoo to talk about ICD's approach to development.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/15Cb1qjvkVg?si=1rlSTaSYrGZJo2gk" title="YouTube video player" width="560"></iframe>

Since ICD was founded 15 years ago, they've delivered over 1,500 homes across Melbourne.

"Each one of them we've got the same philosophy: we want to build something that stands the test of time and really deliver value for our purchasers," Khoo says.

Khoo believes you're only as good as your team when it comes to creating a new project.

"We obviously employ the right people internally, but it's about the consultants, it's about the builders. We&nbsp;would only ever trust the build and the build quality, of something like <a href="https://www.urban.com.au/buildings/aspire-melbourne-301-king-st-melbourne">Aspire</a> or <a href="https://www.urban.com.au/buildings/eq-tower-127-abeckett-street-melbourne">EQ Tower</a>, or our project in Adelaide or Sydney, to tier one builders.

"We're crafting and designing it, they're only the tools, putting the materials in. They're backing themselves to say that it's going to last to the purchaser.

"We invest a lot with having the best consultants and the best builders. With the idea of doing the right thing, we can sleep comfortably at night knowing we have engaged in the absolute best."

To read more about ICD Property, visit their <a href="https://www.urban.com.au/developers/icd-property">Urban Profile here</a>.

With everything going on at ICD, we caught up with their Managing Director Matt Khoo to talk about ICD's approach to development

Michael Bird

Why an apartment development is only as good as its team: Five minutes with ICD's Matt Khoo

Prominent Melbourne fringe developer Salvo is set to kick off the demolition phase of its now-unveiled Southbank tower, Moray House.

Moray House, rising 56 levels on a prime corner site across <a href="https://www.urban.com.au/new-apartments/moray-house-42-moray-street-southbank">42 Moray Street</a> at 11-13 Hancock Street, will be the first major inner-city high-rise apartment&nbsp;development to launch this year.

More than 240 of the 305 apartments have already been snapped up by a various cohort of demographics, from&nbsp;parents purchasing apartments for their children, professionals seeking a city base, families moving back to inner Melbourne post-COVID, and investors.

The $200 million project is primarily made up of two and three-bedroom apartments designed by interior designer David Hicks, as well as two double-level penthouses with&nbsp;never-to-be-built-out views. Moray House also comprises eight levels of office space, hi-tech co-working facilities and two floors of residential amenity with wellness and relaxation at its core.

Resort-grade facilities located in the most premium parts of the building include health and wellness zones such as luxury day spa, yoga and steam rooms, pool, gym and massage suite accessed by a spiral staircase. Additional amenity includes a hotel-style reception, concierge, ground floor café and bar, private dining rooms, outdoor BBQ areas, residents’ lounges and additional storage spaces.&nbsp;

<img alt="Salvo" data-entity-type="file" data-entity-uuid="f2c307cb-5479-4f69-88f2-f2e95f8077b3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-01%20at%2010.38.00%20am.png?VersionId=1qKYTj.5NK6als2YjEQiGODQ9i6KENdK" />

Residents can&nbsp;also make use of state-of-the-art co-working spaces complete with 40 hot desks, meeting rooms and collaboration zones, video conferencing, printing and other services.

The residences feature uninterrupted views of the city skyline, Albert Park Lake and Port Phillip Bay, enhanced layouts, abundant natural light and full-height glazing.

<a href="https://www.urban.com.au/developers/salvo">Salvo</a> Managing Partner James Maitland said Salvo’s&nbsp;Now Generation&nbsp;blueprint underscores the project’s design approach to how people live, work and relax today, based around health and wellness, connectivity, work-life balance, and practical luxuries.

“The pandemic accelerated a shift in the way people live and awareness of the critical role that internal and external environments play in our physical and mental health and wellbeing," Maitland said.

“Traditional apartment living has evolved to vertical communities and urban placemaking where residents can make new social connections in various communal indoor and outdoor spaces. They also expect resort-style amenities and connectivity with their local environment."

<img alt="Salvo" data-entity-type="file" data-entity-uuid="7704b2df-7166-4145-bda3-1755b267be4a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-01%20at%2010.38.14%20am.png?VersionId=gaf7n7yIjEcY8iMnw4Wg57n9NVcxWRl0" />

Maitland said <a href="https://www.urban.com.au/developments/southbank-vic">Southbank</a> has matured from an urban regeneration precinct to an established suburb with world class lifestyle infrastructure.

“Moray House enjoys a prime location with a walk score of 98%. Residents are an eight minute walk to South Melbourne village and market, Albert Park Lake and MSAC, as well as Southbank’s dining and entertainment precinct. A city commute also takes just a few minutes with two tram lines within 100 metres,” he said.

The development is due to be completed in late 2026.

The project’s two-bedroom apartments range from $639,000 to $765,00, and three-bedroom apartments start from $1.075 million.

Industry data reveals 16,000 dwellings are required in the City of Melbourne alone over the next three years to meet demand, research from Urbis Apartment Essentials; City of Melbourne report showed.

Data from Charter Keck Cramer also shows only 2,600 new apartments were launched in Melbourne in 2023, the lowest in a decade. Recent ABS data has shows apartment approvals in Victoria declined to a 17-year low.

<img alt="Southbank" data-entity-type="file" data-entity-uuid="e99bc97c-12e9-4b59-90bb-479c9a170658" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-01%20at%2010.37.54%20am.png?VersionId=3b3TDqwN9rD0va73yxpLuC3F.mOlgowL" />

“We’re keen to see the right investment and planning settings that provide confidence for both developers and buyers regarding the delivery of key infrastructure in urban renewal projects to enable multi-unit developments to do the heaving lifting to boost housing supply,” Maitland added.

“On the demand side, revisiting off-the-plan stamp duty exemptions and reducing taxes on foreign investors would go some way to speed up the much-needed delivery of housing and easing the rental crisis.”

Salvo has had success in Southbank previously. Last year they completed <a href="https://www.urban.com.au/buildings/stature-southbank-119-clarendon-street-southbank">Stature Southbank</a>, also designed by Rothelowman.

[smartcode_project_cta:default project_id=144998]

Salvo Managing Partner James Maitland said Salvo’s Now Generation blueprint underscores Moray House's design approach to how people live, work and relax today, based around health and wellness, connectivity, work-life balance, and practical luxuries

First look: Salvo set to launch Southbank apartment tower Moray House

Melbourne developer MunCorp has quickly sold half of its newest residential development in Blackburn.

MunCorp’s flagship <a href="https://www.urban.com.au/new-townhouses/blackburn-quarter-3-whitehorse-road-blackburn">Blackburn Quarter</a>, a collection of three and four-bedroom townhomes, have been snapped up by locals following their recent launch.

The townhouses at 3 Whitehorse Road, on the border of Box Hill, started from just under $1 million.

MunCorp collaborated with the leading architectural and interior design firm&nbsp;<a href="https://www.urban.com.au/architects/cera-stribley-architects">Cera Stribley</a>&nbsp;to design each residence with contemporary and natural fusion and a harmonious balance of aesthetics and functionality.

MunCorp is focused on providing high-quality affordable housing solutions in Melbourne, specialising in developing townhouses and house and land projects that meet the needs of the local community and promote a high quality of life for residents.

They are committed to making their homes accessible to a wide range of buyers, including first home buyers, downsizers, and investors.

MunCorp Managing Director Jake Munday said the company is&nbsp;doubling down in 2024 to grow our pipeline to $400 million delivered in the next four to five years.

“We are bullish on the Melbourne market with townhouse and house and land product in the right areas," Munday says.

"Our developments are located in some of the most desirable areas in Melbourne, providing easy access to public transport, schools and other amenities.

“We believe that our homes should be more than just a place to live, but a community where residents can thrive.”

[smartcode_project_cta:default project_id=2725]

Urban Editorial

Muncorp quickly sell half of Blackburn Quarter townhouses

It's been four years since Abbotsford, in Melbourne's inner north-east, has seen a new apartment development launch.

That was Walmer on the Yarra by Salta, which is now fully complete and occupied.

There are two sides to <a href="https://www.urban.com.au/developments/abbotsford-vic">Abbotsford</a> however. The Walmer is on the fringe, near Victoria Gardens and on the river. Abbotsford's newest project however is more of an inner-city project, bordering the cool and thriving suburbs of Fitzroy and Collingwood.

Soon to launch, New Johnston by&nbsp;<a href="https://www.urban.com.au/developers/dcf-property">DCF Property</a>, sits at 398 Johnston, near Victoria Park Station and Victoria Park. It will comprise 46 one, two, and three-bedroom apartments across nine levels, on top of ground-level retail spaces.

[smartcode_project:default project_id=110322 project_image_fid=259891]

Designed by MA+CO Architects, New Johnston's architecture took inspiration from Abbotsford's industrial heritage, incorporating concrete, red brickwork, and metal detailing reminiscent of the area's historic warehouses.&nbsp;

Strategic use of depth and shadow adds visual interest, while a north-facing stepped façade welcomes natural light and provides sweeping views of Victoria Park for residents.

[smartcode_project:default project_id=110322 project_image_fid=259890]

The 46 apartments will feature open floor plans, private balconies, and dual-aspect views, with interiors showcasing high-quality fixtures, warm natural timbers, concrete, and modern finishes.

At the heart of each apartment lies a kitchen boasting white terrazzo-style stone benchtops, engineered timber floorboards, and stone and mirror finishes, complete with premium Westinghouse appliances and innovative storage solutions.

[smartcode_project:default project_id=110322 project_image_fid=259897]

With a WalkScore of 90, New Johnston's location offers residents easy access to a range of amenities, including the Yarra River, Victoria Park, and prestigious schools.

Jellis Craig Projects Director Stephen Bowtell is marketing <a href="https://www.urban.com.au/new-apartments/new-johnston">New Johnston</a>.

[smartcode_project_cta:default project_id=110322]

The 46 apartments will feature open floor plans, private balconies, and dual-aspect views, with interiors showcasing high-quality fixtures, warm natural timbers, concrete, and modern finishes

Abbotsford set for injection of new apartments as New Johnston project revealed

Melbourne developer Ross Pelligra is set to take on one of his largest projects to date, lodging plans for a huge multi-stage precinct in Melbourne's growing Fishermans Bend precinct.

Having worked extensively with the Fishermans Bend Precinct and the City of Melbourne over the last 18 months, development manager&nbsp;<a href="https://www.urban.com.au/developers/citinova">Citinova</a> has proposed a four-tower development that will bring over 1000 apartments to the chronically undersupplied Melbourne market.

One of the towers will be dedicated build-to-sell, while there will be more build-to-sell apartments in tower two that will also home 200 hotel rooms and extensive amenity.

Tower three will be a commercial office tower, that may be suit a co-working provider, and tower four will be build-to-rent apartments. All the towers will be linked by a podium that will feature&nbsp;vibrant laneways with an arts and culture hub, retail tenancies and an urban grocer.

The five-stage project will also include an unencumbered 3,075 sqm public open space.

<img alt="Lorimer Citinova Fishermans Bend" data-entity-type="file" data-entity-uuid="7f5dd647-53cd-461e-955b-9ab18dbd1a31" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-29%20at%2012.41.19%20pm.png?VersionId=ctG7Mm7moC8foVvLzSQNgeOawY4vrpgM" />

The 1.77-hectare site at&nbsp;99-109 Lorimer Street, Australia's flagship Subaru dealership at the gateway to Fishermans Bend, was secured in 2021.

Since then the stakeholders have been in planning mode, commissioning&nbsp;Architectus to put the designs together for the towers which will be connected by a raised podium. The main residential tower will have 452 apartments and tower two, shared with the hotel, will have 244.

Citinova Director Nathan Minicozzi said since the proposal was submitted, they've received positive feedback from the council.

"There are considerably more stakeholders for precincts of this size and scale," Minicozzi says.

"You're not just going to council and submitting plans for a new development. Before you get to that stage you've spent 12 months working with the Fishermans Bend Taskforce, the DELWP, and the City of Melbourne Council, as well as their design team, to work out best practices and what will be the best project for the site."

<img alt="Citinova" data-entity-type="file" data-entity-uuid="ca6eea5b-4956-44a3-94d6-d6db1566c528" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-29%20at%2012.41.23%20pm.png?VersionId=LEepCS79t04UNE_9r1gg3u5gTOiiHorg" />

Minicozzi says there's a lot of front-end work with these types of developments, but that allows designs to evolve and consistent feedback to be given throughout the process.

"It's almost like a pre-lodgement meeting where you're squaring off any concerns before submission, which should translate into a better proposal, a higher quality project, and a speedier approval process."

Landscape architect Mala Studio has been part of the design, as have planning consultants Tract.

The development will connect to the Yarra River and expand on Melbourne’s “Green Spine” with landscaped pedestrian and cycling links, creating a new neighbourhood green hub for Lorimer Street.

<img alt="Citinova" data-entity-type="file" data-entity-uuid="710b8fb7-5b84-4361-91af-40bff32b97c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-29%20at%2012.41.14%20pm.png?VersionId=6_rrDddxKXFWCR6tQiWjSv4_I9JaDb0u" />

Architectus says the project has been designed as a "cohesive 'family' of towers."

"Each building will still have a unique identity and scale-shaped by its use and siting," they said.

"Materials and textures will take inspiration from the precinct’s industrial and maritime origins.

"Staggered and oriented toward the site’s southern boundary, the towers will integrate seamlessly with the evolving Fishermans Bend skyline while minimising overshadowing to adjacent green spaces."

Citinova Director Nathan Minicozzi said since the proposal was submitted, they've received positive feedback from the council

First look exclusive: Citinova plot multi-tower development in Fishermans Bend

The Victorian Government's property developer, <a href="https://www.urban.com.au/developers/development-victoria">Development Victoria</a>, has revealed detailed plans to redevelop the <a href="https://www.urban.com.au/developments/ivanhoe-vic">Ivanhoe</a> water tank site, and its looking for a development partner.

The 6,220 sqm site at 421 Upper Heidelberg Road, which includes a decommissioned Yarra Valley Water tank that has been inactive since 2004, sits near the Austin Hospital on the corner of Bell Street and Upper Heidelberg Road.

Around 275 apartments designed by Architectus are envisioned for the site, with a minimum of 10 per cent for affordable housing.

Development Victoria is working with Banyule City Council, the Ivanhoe community and other stakeholders on a Development Plan for the decommissioned Yarra Valley Water tank site. The Development Plan includes provision for up to 12 levels of housing that would suit several development outcomes, including build-to-sell, build-to-rent, retirement and aged care.

<img alt="Ivanhoe Water Tank Site - building" data-entity-type="file" data-entity-uuid="2970f7d1-5ed6-4898-b167-ab386de00bc5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Redevelopment%20of%20the%20Ivanhoe%20Water%20Tank%20Site%20-%20building%20orientation.png?VersionId=Cze_kErZezu03REetfdGxZhidJvS8Y48" />

Development Victoria's plan includes a new council par. kIn addition to housing, the plan emphasises the creation of flexible ground-level spaces capable of accommodating commercial uses and high-amenity communal areas, which will offer park vistas, integrated seating, shelters, barbecues, and gardens landscaped by <a href="https://www.urban.com.au/landscape-architect/tract-landscape-architects">Tract</a>.

Underground basement car parking will be provided for residents, alongside sustainable transport initiatives such as cycling facilities, car-share programs, and a suite of sustainable development features.&nbsp;

<img alt="Ivanhoe Water Tank Site - park" data-entity-type="file" data-entity-uuid="beaa0386-b129-400d-a38c-9d9785e50414" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Redevelopment%20of%20the%20Ivanhoe%20Water%20Tank%20Site%20-%20Park.png?VersionId=p20_ChTxi0wc1sooQyLMCKPrWMvQP00H" />

An Environmentally Sustainable Development (ESD) Report prepared by <a href="https://www.urban.com.au/developers/hip-v-hype">Hip V. Hype</a> outlines key targets, including Green Star Buildings 5-star certification, 7.5-star average NatHERS rating, and 6.5-star minimum NatHERS rating for each apartment.

Over the coming months, the project will advance to the next phase which involves mitigating risks through demolition and site remediation.

Colliers’ Residential National Director, Jozef Dickinson, said partnership opportunities with esteemed sponsors like Development Victoria are exceedingly rare and we anticipate robust interest from capable developers to form part of this process.

"In an environment where discussion around housing supply has never been more prominent, it a great to see Development Victoria keen to get on with delivering a great vision for the site in an ideal&nbsp;location for housing, close to public transport, the Austin Hospital, quality schools and a thriving retail community,” Dickinson said.

Colliers’ Development Sites Executive, Philip Heberling, said that the asset is a key opportunity to implement a holistic response to sustainable development.

“The Development Plan aims to effectively integrate occupant-focused spaces, reductions in life-cycle carbon emissions, improved resource efficiency, and enhanced natural systems consistent with climate resilient principles," Heberling said.

“The project prioritises sustainable outcomes to realise a high-performing project that benefits people, place and planet."

Development Victoria seek partner for Ivanhoe Water Tank Site redevelopment

Following the success of its most recent Collins Wharf apartment tower, Regatta, ASX-listed developer Lendlease has unveiled its next stage.

They're launching <a href="https://www.urban.com.au/new-apartments/ancora-at-collins-wharf-971-collins-street-docklands">Ancora at Collins Wharf</a>, at 971 Collins Street, Docklands, having sold over 80 per cent of <a href="https://www.urban.com.au/new-apartments/regatta-at-collins-wharf-docklands-951-collins-street-docklands">Regatta</a>.

Warren and Mahoney has been engaged again to design Ancora, a 28-level tower with 303&nbsp;residences that offer uninterrupted views of either Victoria Harbour towards the city or the Yarra River across to Port Phillip Bay.

<img alt="Port Phillip" data-entity-type="file" data-entity-uuid="8582dd58-099c-4757-976a-31aa63fbcfff" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-30%20at%208.06.07%20pm.png?VersionId=cuzsXjMqgv5sdxzVEGyyGqomxNIh2KrX" />

Prices will start from $660,000 for the 276 one, two and three-bedroom apartments that sit in the Waterfront Collection.

The Premier Collection comprises 27&nbsp;residences across a range of townhouses, penthouses, and larger-scale apartments that will soon become available.

Ancora residents will enjoy a hotel-style lobby with concierge service, a private dining room to entertain guests, and the lush, landscaped surrounds of two rooftop terraces located at level for and level 16 with panoramic views, plus a wintergarden.

<img alt="Collins Wharf" data-entity-type="file" data-entity-uuid="ee195c7f-bc16-494a-b1cc-02be44883ee9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-30%20at%208.06.11%20pm.png?VersionId=5ImU3DX6tyn3HWj5GnTn.GV75vh9Sq9F" />

Ancora will also connect to the neighbouring Regatta via a podium that allows easy access for residents to a range of facilities that promote wellness including an indoor swimming pool, spa, sauna and steam room, gym and multipurpose rooms.

Designed as an all-electric building with electric vehicle infrastructure, the development will target 5 Star Green Star certification.

As part of the Collins Wharf precinct, Lendlease is delivering new public spaces. Ancora will be surrounded by over 5,000sqm of new parkland including a new green space being delivered in tandem with the residences. Designed by landscape architect Openwork and inspired by First Nations culture, it will feature Indigenous plants and include workout and fitness stations, covered seating areas, play zones, and open lawns.

<img alt="Ancora" data-entity-type="file" data-entity-uuid="4d95fde3-cba1-487d-8047-043a8371e525" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-30%20at%208.06.02%20pm_0.png?VersionId=GOqhtremg4Py0hZrXpGO6wTpLbPektmi" />

Residents will enjoy being only a short walk from Melbourne’s CBD and the close proximity to Melbourne city’s best hospitality, sports, arts and entertainment while having access to exceptional transport options at the doorstep.

Early works for Regatta are already underway, with construction of Ancora set to commence later this year and anticipated for completion in 2027.

Daniel Dugina, Executive Director of Development at Lendlease, said the release has been brought forward in response&nbsp;to the demand from buyers seeking a quality home within this desirable waterfront neighbourhood, on the edge of the CBD.

“Ancora at Collins Wharf is the next stage of our ongoing commitment to deliver more housing in prime locations in Melbourne, with the precinct stretching the city’s famed Collins Street further westwards to engage with the water, connecting its maritime past with the contemporary vibrancy of the city.”

Lendlease unveil latest Collins Wharf apartment tower, Ancora

To make homeownership accessible to a wider demographic, Spacious Property&nbsp;is offering buyers at their Voyage Altona apartments an opportunity to secure them with just a five per cent deposit.

Situated on a 2,000 sqm plot in the heart of the major activity centre, <a href="https://www.urban.com.au/new-apartments/voyage-altona-102-106-pier-street-altona">Voyage</a> will consist of 52 one, two, and three-bedroom apartments.

With prices starting from $502,000 for a one-bedroom, buyers can secure an apartment with a $25,100 deposit, or a $52,000 deposit for a three-bed which start at $1.04 million.

[smartcode_project:default project_id=112195 project_image_fid=241500]

Designed by <a href="https://www.urban.com.au/architects/map-architecture">MAP Architecture</a>, Voyage Altona showcases an asymmetrical form and refined materiality that pays homage to its location.

The interiors feature a layered and textured minimalist design aesthetic, characterised by a neutral colour palette, warm tones, and timber flooring.

[smartcode_project:default project_id=112195 project_image_fid=241503]

Apartments come equipped with Miele appliances and stone benchtops and feature full-height windows that offer panoramic views of the bay and surrounding landscape.

Situated approximately 13 kilometres southwest of <a href="https://www.urban.com.au/new-apartments/melbourne-vic">Melbourne</a>'s CBD and adjacent to <a href="https://www.urban.com.au/new-apartments/williamstown-vic">Williamstown</a>, Voyage Altona provides convenient access to urban amenities, public transportation, the <a href="https://www.urban.com.au/developments/altona-vic">Altona</a> shopping centre, and Altona beach, making it an attractive choice for potential residents seeking a well-connected and vibrant lifestyle.

Voyage Altona is slated for completion by <a href="https://www.urban.com.au/builders/valeo-construction">Valeo Construction</a> in mid-2025.

[smartcode_project_cta:default project_id=112195]

Voyage Altona is slated for completion by Valeo Construction in mid-2025

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