Lendlease has received Ministerial approval to develop a $1.2bn waterfront residential neighbourhood in Melbourne’s Victoria Harbour.
The Collins Wharf development has been masterplanned by Jackson Clements Burrows in association with Aspect Oculus, and will be delivered in five stages.
The project will include the construction of 1,500 new homes across five buildings. The homes will be available in one-, two- and three-bedroom floor plans, as well as four-level town homes. The layout of the homes will be designed to maximise natural light penetration and views of the water.
It will also include an extension of Collins Street to the water’s edge, more than 25,000 sq m of public realm and a health and wellbeing centre with a public swimming pool and gym.
Lendlease managing director of urban regeneration, Mark Menhinnitt, said: “The Collins Wharf development will take advantage of Victoria Harbour’s existing retail and public space, including Library at The Dock, Community Hub at The Dock, Knowledge Market and more than 80 dining and entertainment options — while adding diverse new public spaces.
“The design of this precinct offers future residents panoramic views and world-class public realm that maximises the unique waterfront location. Once complete, a pedestrian and cyclist promenade will enable people to walk, cycle or run all the way around the 2.5kms of the Victoria Harbour waterfront.”
Construction on the first stage of the project, involving about 320 apartments, is expected to begin in 2018.
* Data provided by Timetric's Construction Intelligence Center.