Bates Smart has been named as the architecture firm behind a large apartment development on the site of the former Age newspaper building in Melbourne which will be able to accommodate more than 5000 residents across six towers.
Super fund developer ISPT is expecting the development to take eight to twelve years to complete and cost $800 million to transform the area into a mix use group of buildings which will range from approximately 39 to 63 storeys tall.
The 1.17 hectare site has had an environmental assessment prior to the first stage of development.
Planning Minister Mathew Guy told The Age that the development is part of a plan for more community infrastructure in the CBD including the possibility of vertical schools.
"I don't think we should look around the world and say we want to be like Helsinki, Hong Kong or Manhattan or London, Melbourne is a city of four and half million people and we need to play to its strengths," he said.
Opposition planning spokesman Brian Tee criticised Guy's planning approval for a spate of tall buildings lately and said that Melbourne's 'liveability is at risk'.
The site is strategically close to the Fisherman's Bend urban renewal project Guy said.
“The development of this strategic site will be critical to the future reshaping of the CBD’s western edge and its connection to Docklands.
“The proposal will provide housing choices close to jobs, public transport and other essential services adding to Melbourne’s vibrant lifestyle,” Guy said.
The proposal has received approval from the City of Melbourne subject to the conditions in the permit, including finalisation of a master-plan for the site’s future redevelopment.
“This planning permit approval is yet another sign that Victoria is leading the nation with a strategy to address population growth and certainty for the construction industry by boosting our long-term economic and social prosperity,” Guy said.
Although not ultimately selected, Hassell drew up plans for the site in 2008 which can be seen here.
All above images courtesy of ISPT.
