$120m Fitzroy Development

 $120m Fitzroy Development

Plans to build a new $120 million mixed-use tower in Fitzroy have been launched by Melbourne-based Pace Development Group.

The former shirt factory built along both Gore and Argyle streets in Fitzroy will be stripped back to red brick according to Pace Development Group plans by SJB Architects.

The new 10-storey building is planned to include 113 apartments, a three-level car park, and commercial space. 

Pace Development Group bought the 2,411sq corner block at 223-231 Johnston Street and 369 Gore Street for $20 million last September. 

The plan is to bulldoze the two buildings on Johnston Street, whilst the old factory along Gore Street is set to be renovated keeping its original red brick finish.

The plans include a variety of one, two and three-bedroom apartments, communal spaces on the first floor and rooftop, as well as two commercial spaces for a café, restaurant or shops. 

The Johnston Street frontage would be entirely new construction with green and white bricks as well as curved balconies.

“Pace is looking to launch the project in 2021, with marketing commencing in March and a view for construction to start later in the year,” said Ashley Bramich, Sales and Marketing Director of Pace Development Group.

Get Exclusive Access To OzHomeNews

Check out our latest content...

Luxury Sanctuary Cove mansion provides perfect home for new yacht

Iconic coastal home in City Beach up for grabs

First-home buyers lapping up low interest rates to dominate Australia’s property market

Here’s how to successfully Airbnb your home

Breathtaking city beach home on the market

Glorious lifestyle acreage listed in Western Sydney

Check out our most popular articles!

Exclusive Entertainer’s Dream on the Market

$9.5m ‘Eagles Nest’ Listed on The Northern Beaches

007 Star Lists Malibu Mansion for $140m!

Remarkable Ridgeway Drive Home Up For Grabs

‘Castle in the Sky’ Sold for $4.2m

Top 10 Hottest Properties of the Week

Copy link
Powered by Social Snap